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:
Bull market. Loving it.
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!
Post a Comment