Intense selling phase over for sometime | stockbee

3/14/2007

Intense selling phase over for sometime

Panicky markets stabilised and possibly indicate intense selling phase may be over for time being. Shorts had to cover in hurry as selling pressure subsided. Most of the sectors leading the downside look washed out and so bargain hunters were active in them.
100% plus in 260 days, earnings breakouts, episodic pivots and neglect based strategies will start working again on long side.

Market Monitor
Total 4% plus bullish breakouts=79
Total 4% plus bearish breakouts=64
65 day bullish/bearish ratio= 547/421
Stocks up 50% or more in a month=4
Stocks up 25% or more in a month=38
Number of stocks with 100% plus move =260
Number of stocks up 200% or more = 53
4% plus signals for 100plus universe=8
4% plus signals for 200plus universe=1

Select stocks which had 100% plus move in last 260 days from the low and which are up more than 4% on higher volume. Today's minimum volume is above 100000.

AIRN,Airspan Networks Inc (Google  Yahoo  Earnings  Chart
ANO,Anooraq Resources Corp (Google  Yahoo  Earnings  Chart
ASTI,Ascent Solar Technologies Inc (Google  Yahoo  Earnings  Chart
BIG,Big Lots Inc (Google  Yahoo  Earnings  Chart
CLRT,Clarient Inc (Google  Yahoo  Earnings  Chart
DSTI,Daystar Technologies Inc (Google  Yahoo  Earnings  Chart
EVOL,Evolving Systems Inc (Google  Yahoo  Earnings  Chart
JAV,Javelin Pharmaceuticals Inc (Google  Yahoo  Earnings  Chart

No comments: