Cramer's Four Horsemen Back in the Saddle

After Cramer turned his back on his four horsemen (with the exception of RIMM) in March, the stocks have been on a tear.  As shown below, AAPL is up 55% from its bottom, GOOG is up 44%, RIMM is up 58%, and AMZN is up 22%.  Cramer recently said he was sorry for turning negative on Google and relying on comScore's unreliable data.

As shown in the charts below, AAPL, GOOG and RIMM have each reached extreme overbought territory, all trading more than two standard deviations above their 50-day moving averages.  While it's great that these things have made solid comebacks, the risk/reward tradeoff for the bulls favors the risk side in the short-term.

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Comments

[jay]

well comscore was right , it was crammer who can't be bother to read the report. and if this page had better charts they would have notice the up trent in googie before the call.