Charging ahead

Stock market is back in active mode where the volume is high. Blue chips again leading the pack. There were few good news from US, especially news like US consumer is spending again will boost the sentiment.

In fact, everybody believes that we are really in recovery mode. There will be no double dip in US. The outlook is sort of clear for the stock market to get higher. Understanding of the way recovery happen is important. That provides idea for stock that will benefit from the recovery. Stock selection is the key to a good performance.

I bought NOL, since the shipping outlook has improved and once the international trade increases, the stock should recover. I have built up some holdings which I believe will have bright future. The rest is to wait for the time for them to perform.