Teflon coated market

January 4, 2007

Sector rotation is the theme currently. Lot of stocks have broken down and many leaders continue to breakdown. So it is mixed market currently with narrow set of stocks making a move. Many move look weird and not sure how many will have follow through. I have currently 40:41 stocks both on long and short scan. Here are couple of stocks worth researching many of them have potential to make further gains.

ABFS,Arkansas Best Corp (Google  Yahoo  Earnings BW  Chart) 
ANGO,Angiodynamics (Google  Yahoo  Earnings BW  Chart) 
ARO,Aeropostale Inc (Google  Yahoo  Earnings BW  Chart) 
BLUD,Immucor Inc (Google  Yahoo  Earnings BW  Chart) 
GENZ,Genzyme Corporation (Google  Yahoo  Earnings BW  Chart) 
GOOG,Google (Google  Yahoo  Earnings BW  Chart) 
GYMB,Gymboree Corp (Google  Yahoo  Earnings BW  Chart) 
MSM,MSC Industrial Direct Co Inc (Google  Yahoo  Earnings BW  Chart) 
MVIS,Microvision Inc (Google  Yahoo  Earnings BW  Chart) 
ORCH,Orchid Cellmark Inc (Google  Yahoo  Earnings BW  Chart) 
RIMM,Research In Motion Ltd (Google  Yahoo  Earnings BW  Chart) 
STEM,Stemcells Inc (Google  Yahoo  Earnings BW  Chart) 
TXI,Texas Industries Inc (Google  Yahoo  Earnings BW  Chart) 
WITS,Witness Systems Inc (Google  Yahoo  Earnings BW  Chart) 
ZUMZ,Zumiez Inc (Google  Yahoo  Earnings BW  Chart) 

2 comments :

  1. UnknownJan 4, 2007, 3:52:00 PM

    Bull market. Loving it.

    ReplyDelete
  2. nodoodahsJan 4, 2007, 6:34:00 PM

    RIMM is funny to me. Looked weak just days ago but the entry didn't look promising for a short. Now it looks strong. Key for me is the $140 level - a fallback is a short, a breakout is a long.

    This is churn. Bull for the index will resume with different leadership. Pradeep, thanks for keeping tabs on the sector rotation! Love the blog, I will add it to my links page on the next update!

    ReplyDelete

Subscribe to: Post Comments ( Atom )
Copyright © Stockbee