Bell&Circus Adds Google (GOOG) to the Bell&Circus Watchlist
Earlier today, Google (GOOG) was added to the noted Bell&Circus Watchlist. The organization sees momentum behind Google's foray into the OS market.
Vancouver, WA (PRWEB) July 14, 2009 -- Today, Bell & Circus named Google to its closely followed Bell&Circus Watchlist. Bell&Circus is a noted Investment Blog www.bellandcircus.com . The Watchlist was developed by its founder just after the housing market started to crumble in 2007. It has evolved into a list of stocks that its readership generally adds to their personal stock watchlists. The 2009 Bell&Circus Watchlist is on pace to rise 51% this year compared to the S&P which has lost 11% YTD.
Stocks chosen for the list compiled by the Investment Blog must pass the company's stringent fundamental analysis and technical analysis screens to be considered. A stock enters the list once it has received a buy signal from the company's proprietary MHI indicator.
Dee Patrcik compiled the list this year. She explains, "The MHI indicator was developed to analyze a company's forecasted price in relationship to its current price. When price conditions are most favorable in relationship to 3 other key data points, a buy signal is given. The stock is then added to the Watchlist after considerable fundamental analysis.
"What we see with Google (GOOG) is a company still struggling to find an identity outside of search. As a result it has taken some rather shrewd risks with its foray into several challenging ventures such as Enterprise Search and Internet Browsing. What clinched the spot on our list for Google was its announcement earlier this week that it would make a credible entry into the Operating System market. Although the success of such a venture would not be measureable for several years, we were impressed with the pricing performance after the announcement. From a strategic perspective it was the right thing to do. From a technical perspective, it was a homerun!" says Patrick.
For additional information on the Bell&Circus Watchlist contact Dee Patrick or visit www.bellandcircus.com. All rights to Bell&Circus and Bell&Circus Watchlist are reserved by Bell&Circus and bellandcircus.com.
About Bell&Circus
Bell&Circus owns investment blog properties focusing on the equity, futures and currency markets. The company has developed its own proprietary technical indicators which identify when equities are poised to move higher. It's advertising customers may choose from a variety of innovative marketing options from sponsorships to partnered links.
Contact
Dee Patrick, Director
Bell&Circus
206-275-0251
http://www.bellandcircus.com
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