Google (GOOG), took a hit on it's stand against China, which brought it down to the lower end of it's uptrend channel and moving average as highlighted in the chart below. BUY!
Research In Motion (RIMM), bounce off the 50 ma and the bottom trendline, it should benefit from any shakeout from the Google/China situation. If China boots them out the Blackberry, which already has some Chinese deals inked...should profit from this matter. RIMM is cheap on a valuation basis with a 0.9 PEG it remains one of my favorite technology companies.
JPMorgan Chase (JPM), reports earnings this Friday 1/15/10 and I believe and have stated numerous times on this blog that $50 will easily be hit and it should go much higher by yearend. With an attractive and bullish yield curve, financials haven't sat this pretty in decades. I was impressed with Jamie Dimon's testimony infront of the Regulatory Committee today defending JPM & himself on his action. Again JPM is a steal!
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