IBD 200 Stocks up 2% or more

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

Best site to learn to trade

If you are serious about your trading and want to build an enduring edge, the Stockbee Member site might help you.

Members tell me they have tried a lot of things before coming to my site, and it has offered them the most extensive and detailed methods to swing and position trade. Members range from very experienced traders to novices.

No advertising, no hard marketing, no promotions, no free offers, no affiliate marketing, no incentive to other bloggers to promote the site, no constant tweets self-promoting the site, and no tall claims. Every member comes through word-of-mouth recommendations from existing members.

As a member, you will learn the basics of swing trading, momentum investing, growth investing, and risk management. You will learn about Stockbee Momentum Burst breakouts, Stockbee Trend Intensity Breakouts, Stockbee Episodic Pivots Breakouts, Stockbee Lemonade Strategy for 401k, and many other member-shared methods.

You will learn how to set up your own scans, how to select the right kind of stocks, how to set up stops, when to enter, when to exit, how much to risk, how to track your trades, and all other details about trading.

You will learn about developing your own methods and not relying on others for trade ideas. Develop your own edge. Once you develop your own method, you will have a lifelong profitable method.

The site gives you an opportunity to interact with some of the most successful traders and learn from them about their trading methods. It is a vibrant community with members from different backgrounds and experiences willing to help each other. Members have shared their methods, scans, software, backtests, and market insights.

Every day, the emphasis is on continuous learning and upgrading of market knowledge and setup knowledge. The members range from hedge fund employees, financial advisers, active swing traders, investors, and new traders.

You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.

Almost every member comes through a recommendation of some of the leading trading bloggers and trading sites. 80% or more members continue to be members for more than 3 years. Most tell me that they stay on because every day they learn so much from the members' site.

If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.

3 comments:

Unknown said...: 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.; Jan 22, 2007, 6:32:00 PM
Unknown said...: 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.; Jan 23, 2007, 9:28:00 AM
Pradeep Bonde said...: 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.; Jan 23, 2007, 10:03:00 AM

404

Recent Articles