BorgWarner (BWA) is a Stud

Looks like the crowd is catching up on our love affair with auto suppliers – specifically BorgWarner (BWA). This looks like (CRM) or Netflix (NFLX) at its best. Massively overbought right now but chugging along without pause in the ‘can’t lose’ market. As much as I like this group even I am amazed at the ‘action’ in once boring stocks like this. Every bounce off the 20 day since Jackson Hole Wyoming QE2 has been a bottom….

Disclosure: No position

About Mark Hanna 542 Articles

Affiliation: Hanna Capital, LLC

Mark Hanna is President and Owner of Hanna Capital, LLC, a registered investment advisory firm. Mark has been a follower of markets since the late 80s, with a focus on individual equities since the mid 90s. He has been a well known commentator in the financial blogosphere for the past 5 years, following a career in corpoporate finance and accounting. Mark attended the University of Michigan where he graduated with a degree in Economics.

As an avid reader, Market Montage is the personal blogging site for Mark to share his views on economics, markets, and the like. Occasional cynicism and wit shall be deployed in his postings.

Follow Mark on Twitter @fundmyfund.

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