Market Roundup | stockbee

2/28/2008

Market Roundup

  • Market breadth has steadily improved over last month
  • Breakout based strategies like Double Trouble and IBD 200 work better in such environment.
  • How long the bullish phase will last is not clear and there was some profit taking today.
  • However as everyone is skeptical of the rally, it might persist longer.
  • Number of new leaders (stocks with high IBD EPS ratings) are breaking out.
  • Most of them have 2-3 month bases or consolidations and you will see number of cup with handle breakouts.
Stocks up 4% or more on higher volume from top 10 sector:


ANO,Anooraq Resources Corp (Google  Yahoo  Earnings  Chart
CLR,Continental Resources Inc (Google  Yahoo  Earnings  Chart
CPSL,China Precision Steel Inc (Google  Yahoo  Earnings  Chart
DESC,Distributed Energy Systems (Google  Yahoo  Earnings  Chart
DROOY,DRD Gold Ltd Adr (Google  Yahoo  Earnings  Chart
GDP,Goodrich Petrol Corp (Google  Yahoo  Earnings  Chart
GGB,Gerdau Sa Ads (Google  Yahoo  Earnings  Chart
GSI,General Steel Holdings Inc (Google  Yahoo  Earnings  Chart
HMY,Harmony Gold Mining Co (Google  Yahoo  Earnings  Chart
IAG,Iamgold Corp (Google  Yahoo  Earnings  Chart
IVN,Ivanhoe Mines Ltd (Google  Yahoo  Earnings  Chart
KOG,Kodiak Oil & Gas Corp (Google  Yahoo  Earnings  Chart
LIHR,Lihir Gold` Limited ADS (Google  Yahoo  Earnings  Chart
LMC,Lundin Mining Corp Ord (Google  Yahoo  Earnings  Chart
MCEL,Millennium Cell Inc (Google  Yahoo  Earnings  Chart
MMG,Metalline Mining Co (Google  Yahoo  Earnings  Chart
PAAS,Pan Amer Silver Cp (Google  Yahoo  Earnings  Chart
PLM,PolyMet Mining Corp (Google  Yahoo  Earnings  Chart
SGY,Stone Energy Corp (Google  Yahoo  Earnings  Chart
TGB,Taseko Mines Ltd (Google  Yahoo  Earnings  Chart
URRE,Uranium Resources (Google  Yahoo  Earnings  Chart
ZINC,Horsehead Hldg Corp. (Google  Yahoo  Earnings  Chart

No comments: