Celgene... Good Earnings, but...
Hmm… did I make a mistake in selling Celgene (Ticker: CELG) at $55.06? The company just reported pretty good earnings and the stock gapped up nicely on the report. The 50 day moving average is still acting like a barrier for the stock to move up. I still see more down side in this stock; I don’t think it’s finished correcting. This is a great company, but it’s priced to perfection. I like the action in Qiagen (Ticker: QGEN); a very nice looking chart and it wants to keep going up and up…
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