5/20/2009

Lots of opportunities in this market.....


Market Monitor  




TypeIndicatorValue
Daily# of Stocks Up >4% on high volume394
Daily# of stocks down >4% on high volume  135
Primary# of stocks up >25% in a quarter3146
Primary# of stocks down >25% in a quarter 304
Secondary#of stocks up >50% in a month66
Secondary#of stocks down >50% in a month3
Secondary#of stocks up >25% in a month394
Secondary#of stocks down >25% in a month27
Primary fast  MM 34/13 + 2714
Primary Fast  MM 34/13 - 897


  • Market is forming a range here. 
  • Volume is lower than normal.
  • While some sectors are having a pullback, new sectors keep breaking out and as long as you are in a right sector there are lot of profitable opportunities.
  • Select growth stocks are having breakouts and follow through and that is good sign.
  • The Chinese stocks are leading the market and list of stocks near 52 week high or all time high has some excellent Chinese stock with earnings.
  • There are so many opportunities currently in this market for both the short term and the long term trades.

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