STX down -4.88%

There was a slow sell off today for Seagate (STX)

But no worries, the nest egg is safe..really!
and not much has changed fundamentally. Read on.

Last week the NSA gave STX an approval rating for their self encryoted drives. STX shot up and hit resistance at $22. Now that the crack high is wearing off, time to pile in. I bought more STX today, despite the general pull back of the tech sector. Microsoft was also down which can weigh in on the other tech stocks.

This small pull back is justified, but I would expect Segate to remain bullish overall.
There is still plenty of upside and strength to this stock. A short term correction due to the overbought condition is now occurring. I would expect support in the 20's somewhere.

Other news:
EGO is up: closed at $7.75
EP is up: closed at $20.55
NM pulled back due to profit taking in DRYS (another drybulk shipper):
closed at $13.92