Sunday, December 14, 2014

$SPY Futures Higher. Nasdaq up Big - $AAPL $AMZN $BABA

With the S&P 500 Futures looking higher for Monday, you would think that is a good sign.  If you take a look at the NASDAQ futures, they are currently up 18 or so points.   This bodes even stronger for the market to make a comeback from Friday.

Stocks that could gain from this include Apple, Amazon, and Alibaba.  These stocks are undervalued in my opinion and stand to benefit from strong holiday sales which I believe we will have.

The futures will have to hold these gains going into tomorrow, but so far this evening they have strengthened, which is another good sign.

I am long AAPL, AMZN, BABA.

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