Tuesday, March 25, 2014

When Stocks Correct, They Really Correct

The last few days have been difficult on GDT::Portfolio stocks. On 02014.03.25, there are only two (Level 3 Communications [LVLT] and Trimble Navigation [TRMB]) of thirty-two GDT::Portfolio stocks that are less than 10% away from new 52-week highs.

Yesterday, 02014.03.24, Aastrom Biosciences (ASTM) fell 21.7% after a couple of days of huge gains. Also, yesterday, Nanosphere (NSPH) closed at $2.05 putting that key investment underwater. Two top stocks--Illumina (ILMN) and iRobot (IRBT)--are 18% and 15% from their respective 52-week highs.

#Volatility is the rule.

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