Best Buy Was The Worst Buy At The Open
Best Buy Inc. (NYSE:BBY) is a leading retail stock that was trading higher at the open after reporting earnings. This morning many in the financial media were touting the stock as a buy before the opening bell at the New York Stock Exchange. This stock has sold off sharply lower throughout the session and looks to not have a real support level for a trade until the $28.00 level. This is the reason why investors and traders must follow the charts and not the talking heads in the financial media.
Avoid the hype, learn from the Pros and profit for life!