100% plus moves in S&P500 and Nasdaq 100 | stockbee

4/17/2007

100% plus moves in S&P500 and Nasdaq 100

These ten stocks are from the S&P500 list and NASDAQ 100 list. All of them are up 100% plus from their 260 days low.

ATI,Allegheny Technologies (Google  Yahoo  Earnings  Chart
BIG,Big Lots Inc (Google  Yahoo  Earnings  Chart
COH,Coach Inc (Google  Yahoo  Earnings  Chart
DYN,Dynegy Inc (Google  Yahoo  Earnings  Chart
GT,Goodyear Tire&Rubber Co (Google  Yahoo  Earnings  Chart
MICC,Millicom Intl Cellular Sa (Google  Yahoo  Earnings  Chart
RIMM,Research In Motion Ltd (Google  Yahoo  Earnings  Chart
RL,Polo Ralph Lauren Corp (Google  Yahoo  Earnings  Chart
RSH,Radioshack Corp (Google  Yahoo  Earnings  Chart
RYAAY,Ryanair Hldgs Plc Adr (Google  Yahoo  Earnings  Chart


Out of that list GT is up 242% , MICC is up 154%, BIG is up 146%. Now these stocks have no liquidity problem.
All three also had Episodic Pivots kicking of their big move. Also in all three cases the move as precipitated during earning season. MICC was a trade from 100% plus earnings list. Something to think about.






Most of the debate about liquidity is just a distraction. Those who do not want to trade a method, find hundreds of arguments to not to trade profitable methods. That essentially boils down to the fact that some understand an idea some do not.

2 comments:

volstreet said...

Thanks for these Pradeep. How is the
best way to buy some of these stocks?
Just jump in, wait for a pullback or?
I have read your past posts and it
has been very helpful. Vol

Pradeep Bonde said...

They are not buy at this level. I was just answering the ongoing debate about liquidity and the erroneous assumptions by some that all the stocks in 100% plus list are not liquid enough.

I buy on 4% plus breakout, provided there is some weakness before the breakout. If you see GT, it offered 6 possible entry points after making it to 100% plus list , at least one of them was after a 65 ay weakness.