Obsession with weekly picture

Ignore the weekend commentary and trade your method. Every weekend there is an overdose of market analysis and projection for future week. Lot of time it is written very persuasively. It also makes lot of sense when you read it because the writers use the old trick of the trade, write something which reinforces immediate beliefs.

Perception is selective. So when market is gloomy, bearish commentary sounds very good and similarly in bullish market, bullish comment reinforces beliefs.
Do a simple test, go back and read not this weekend commentary , but read the commentary of week ago for Baron or any other expert on market. You can then see compare it to market action. Market does not change from weeks to weeks. Much of weekly commentary is noise.

The weekend is a good time to have fun and forget about markets.

Stocks up 50% or more in a month
As I said earlier IFO, Infosonics is heading for climax top. Look at the volume, it again had a all time high volume.

IFO,Infosonics
MED,Medifast Inc

All time high volume
Trouble brewing for HOM,Home Solutions Of America. After a long run of 600% in a year, the all time high volume is clearly signaling trouble time ahead.

AAWW,Atlas Air Worldwide Holdings Inc
AOG,Aurora Oil & Gas Corp
CITP,Comsys It Partners Inc
CPT,Camden Property Trust
HOM,Home Solutions Of America
IFO,Infosonics
JSDA,Jones Soda Co
RAME,Ram Energy Resources Inc
REV,Revlon Inc
UWN,Nevada Gold & Casinos

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