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You Can’t Stop Us, You Can Only Hope to Contain Us

You can feel the momentum building. Like a water balloon that gets bigger and bigger. 

2010’s been kinda sucky. The market’s been back-and-forth all year and hasn’t made any headway. Our portfolios have been restrained. This month I tell you the market can’t stop us, it can only hope to contain us. 

Did you know this month Priceline.com (PCLN), Green Mountain Coffee (GMCR), Herbalife (HLF), Cognizant Technology Solutions (CTSH), Rovi (ROVI) and Chipotle (CMG) have already hit 52-week highs? That’s six of the seventeen stocks in the Growth Stock Portfolio. Four of those names hit all-time highs, the exceptions PCLN and ROVI tore it up in 2000 well before we owned the stocks. 

When we look at our statements it seems we are getting nowhere, but one-by-one we have stocks breaking out of their trading ranges and heading to new highs. These companies are tearing it up, and this market can only hold us back for so long. 

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