IBD 200 Stocks up 2% or more

January 22, 2007

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While the bulk of the market corrected, there were 21 stocks up 2% or more from the IBD 200 list. Not all of them had qualifying volume. The recent earnings breakout CCF made another 5% move today. When you buy an earnings breakout on neglected stocks the catalyst lasts for few weeks and so pullbacks of few days should not shake you out.Also if you noticed it came in to IBD 200 post earnings. That is why following earnings gets in in to many of the stocks which go in to IBD 200 and IBD 100 much before they are discovered by majority. In fact you should plot earning dates on the stock charts of IBD 100 and see what triggered off their major moves( www.bigcharts.com allows you to do this). See these HRT and MICC charts with earnings plotted on it.



Many rallies of significant magnitude both in price terms and number of months or years term are triggered by earnings announcements.
In this 2% plus list see how many were triggered by earnings.
ARCAF,Arcadis Nv (Google  Yahoo  Earnings BW  Chart) 
BWP,Boardwalk Pipeline Partners LP (Google  Yahoo  Earnings BW  Chart) 
CCF,Chase Corp (Google  Yahoo  Earnings BW  Chart) 
CHL,China Mobile Ltd (Google  Yahoo  Earnings BW  Chart) 
CTRP,Ctrip.com International (Google  Yahoo  Earnings BW  Chart) 
DHIL,Diamond Hill Investment Group Inc (Google  Yahoo  Earnings BW  Chart) 
DLB,Dolby Laboratories Inc (Google  Yahoo  Earnings BW  Chart) 
DSW,DSW Inc (Google  Yahoo  Earnings BW  Chart) 
ELK,Elkcorp (Google  Yahoo  Earnings BW  Chart) 
FTEK,Fuel Tech Inc (Google  Yahoo  Earnings BW  Chart) 
HMIN,Home Inns and Hotels Management (Google  Yahoo  Earnings BW  Chart) 
HRT,Arrhythmia Research Tech (Google  Yahoo  Earnings BW  Chart) 
IGLD,Internet Gold-Golden (Google  Yahoo  Earnings BW  Chart) 
MBT,Mobile Telesys Ojsc Ads (Google  Yahoo  Earnings BW  Chart) 
MICC,Millicom Intl Cellular Sa (Google  Yahoo  Earnings BW  Chart) 
MS,Morgan Stanley (Google  Yahoo  Earnings BW  Chart) 
PRFT,Perficient Inc (Google  Yahoo  Earnings BW  Chart) 
PSPT,Peoplesupport Inc (Google  Yahoo  Earnings BW  Chart) 
SORL,SORL Auto Parts Inc (Google  Yahoo  Earnings BW  Chart) 
VIP,Vimpel Communication Ads (Google  Yahoo  Earnings BW  Chart) 
WFR,Memc Electronic Material (Google  Yahoo  Earnings BW  Chart) 


You can look at chart patterns or you can look at event triggers. Event triggers are more objective and quantifiable. But to understand that you have to first escape from the technical analysis jungle.

Earlier posts in this series:
How to beat the market for $1.25 per week- Part3
How to beat the market for $1.25 per week- Part2
How to beat the market for $1.25 per week

3 comments :

  1. UnknownJan 22, 2007, 6:32:00 PM

    It looks like QQQQ is now in the middle of a drop to mid 42s. I don't know if I'd call this a true correction as it is only dropping back into previous range and people have been calling a correction for weeks now.

    Buying pressure has not been able to sustain meaningful rallies the past 3 days. We may see some type of failed recovery rally before next clean down leg.

    ReplyDelete
  2. UnknownJan 23, 2007, 9:28:00 AM

    I've been lookingf for the earnings date for HRT but can't find it. By my estimate it should be towards ebd of next week. This stock has been very good to me but what a wild ride!

    Keep an eye on RKT who reports on Thursday I believe.

    ReplyDelete
  3. Pradeep BondeJan 23, 2007, 10:03:00 AM

    It has only 2.4 million shares float, so it jumps all over the place. It has been in IBD 200 for several weeks now.

    ReplyDelete

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