Good Day for Us and New High for Oracle

Although the market was down today, it was another good day for us. The Buy List rose 0.47% compared with a loss of 0.13% for the S&P 500. The weakness in cyclicals definitely helped us as sectors like healthcare were strong.

For the year, we’re up 3.57% which is nearly twice the 1.80% for the S&P 500.

Oracle (ORCL), JPMorgan Chase (JPM) and Jos. A. Banks (JOSB) all climbed by more than 2% today. Oracle reached a new 52-week high.

Yesterday, JPM seemed to be hurt by Goldman’s earnings report which makes little sense since they already reported earnings. Today, JPM was helped by Goldman’s earnings which again, makes very little sense.

Posted by on January 20th, 2011 at 7:46 pm


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