CALLAWAY OUT PERFORMING THE DOW
Saturday February 13th 2010 - 10:57 AM EST
Added by: John Caynor
As I am hanging out in a local coffee shop this morning, I decided to review the charts on some stocks. For those of you that don't follow stocks, the DOW has had a rough year. Its down 3.14% YTD. So, me being a fan of golf, I decided to compare the DOW with ELY (Callaway). I reviewed the data for the last three months. Keep in mind, its winter time, so its typically considered off season for golf.
ELY is up 14.19% while DOW is down .96%. Usually if a stock is out performing the DOW its a good sign and a reason to analyze it closer. Currently my brokerage site recommends this stock as a "BUY". My trading style is technical analysis, so I think I will check it out this weekend. What do you think?