Low Volume Pause | stockbee


Low Volume Pause

Market has been churning after the FOMC induced big move. The down days have been on lower volume. The month end and quarter end effect will provide a support for this move at this stage. After that market attention will again focus on earnings season. The real next move would reassert itself after the earning season or midway through it once the earnings picture become clearer. On individual stock price moves will be driven by pre earning drift and pre announcements.

As usual the earnings season is a season of opportunity and I look froward to it for profit making opportunities. I will later have a series of my customary pre earning season posts on how to profit from the " Post Earnings Announcement Drift (PEADS)" strategy.

Notice the dramatic increase in stocks up 25% or more in a month within few days of rally after the down move.So there were 64 opportunities to make 25% plus in individual stocks. If you could not find much of an opportunity, you must go through those 64 stock list to find what you are missing. A well designed strategy should have you invested in some of them and capturing part of the move on some. 57 of the 64 stocks in that list had a Episodic Pivot in last 6 months or less. Around half of the members in that 64 had already moved 100% plus before they made the 25% plus move in last one month. More than half of them had the 25% plus move triggered by earnings announcements.

Market Monitor
Total 4% plus bullish breakouts=61
Total 4% plus bearish breakouts=63
65 day bullish/bearish ratio= 751/305
Stocks up 50% or more in a month=6
Stocks up 25% or more in a month=64
Number of stocks with 100% plus move =334
Number of stocks up 200% or more = 59
4% plus signals for 100plus universe=18
4% plus signals for 200plus universe=5

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. To understand how to trade this see the post "How to find a stock which makes a 1500% plus move in a year".

ACAD,Acadia Pharmaceuticals (Google  Yahoo  Earnings  Chart
AKRX,Akorn Inc (Google  Yahoo  Earnings  Chart
AVCI,Avici Systems (Google  Yahoo  Earnings  Chart
BWLD,Buffalo Wild Wings (Google  Yahoo  Earnings  Chart
CHRK,Cherokee Intl (Google  Yahoo  Earnings  Chart
CIMT,Cimatron Ltd (Google  Yahoo  Earnings  Chart
GRIL,Grill Concepts Inc (Google  Yahoo  Earnings  Chart
HAYZ,Hayes Lemmerz International Inc (Google  Yahoo  Earnings  Chart
HRT,Arrhythmia Research Tech (Google  Yahoo  Earnings  Chart
LNET,Lodgenet Entertainment (Google  Yahoo  Earnings  Chart
LTS,Ladenburg Thalmann Finl (Google  Yahoo  Earnings  Chart
ORCH,Orchid Cellmark Inc (Google  Yahoo  Earnings  Chart
SLP,Simulations Plus Inc (Google  Yahoo  Earnings  Chart
SMSI,Smith Micro Software Inc (Google  Yahoo  Earnings  Chart
SPEX,Spherix Inc (Google  Yahoo  Earnings  Chart
VYYO,Vyyo Incorporated (Google  Yahoo  Earnings  Chart
WHT,Westside Energy Corp (Google  Yahoo  Earnings  Chart
WRSP,WorldSpace Inc (Google  Yahoo  Earnings  Chart

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