Yesterday again demonstrated the market's resilience. Negative open in the morning did not deter the market from ending in green. Few days of corrections is setting up number of stocks for further up move.
If you look at the IBD 200, which represents stocks with earnings as well as price momentum, you will see number of stocks with good bases:
IBD 200 Basing Stocks
Stocks from IBD 200 which have less than 10% growth on month time frame and are currently forming a base.
AMOV AMX AMZN ANGO ARD ATNI ATW BLUD BPHX CADA CEDC CELG CHTT CIR CMED CRNT EBAY EBIX FCN FCX FLS GPRO GRMN GRP HAL HEI HPQ HURC ILMN IRIS IVGN JNPR KCI LAYN MEAS MT NBG NGS NHWK OMCL
ORCL OTEX OXPS PCLN PCP RATE RIG SCRX SII SNCR SNDA STRA TNH VIVO VMSI WFT WGOV