Friday, October 30, 2009

Comcast


Cmcsa or Comcast. The stock has basically gone sideways for the past year, but I have been bullish for fundamental and personal reasons. My comcast bill is outrageous! But, I pay it, as does everyone else. There competitors just dont match up. They are in a unique position to capitalize on the growing trend of streaming video. Soon, dvd's, bluerays, tapes, will allbe a thing of the past, hard drives, dvr's, and streaming HD content will rule and reign forever!!! Furthermore there commercials are funny. But, most importantly, we have a buy divergence on the daily chart ahead of earnings!!!!! Only problem is the stock is in a sideways pattern, lending a lower probability to our divergence. That being said I am fundamentally bullish of the stock, the tech sector has continued to out perform, and earnings blowouts have been the norm.

No comments:

Post a Comment