We have a position in AT&T that has been beaten down terribly! We don't understand exactly why since Well Fargo rates it outperform with a price target of $40 and now Cramer - that's right Mad Money man himself says that AT&T is a buy. We continue to hold the position as we still thank it is way oversold and will comeback prior to earnings in April and before option expiration.
Markets we up big today (Dow +669) but still not close to making up for the mega loss last week of over 1,400 points. We are approaching this with caution.
We did post a modest gain of about 8% on the QQQ ETF alert. Thanks to everyone!