Double Trouble

More stocks are breaking out and fresh sectors are joining the rally. At the same time some stocks which had a great run up so far are correcting. Those who overstay momentum stocks or buy very late in the move are left holding the bag. Many rookies have no idea as to how much a stock has moved in a year or from its last major episodic pivot and they invariable end up buying right at the top. While long term momentum is good, to time your entry in to a momentum stock it is less risky if it has a short term weakness.


Market Monitor

Total 4% plus bullish breakouts=166
Total 4% plus bearish breakouts= 39
65 day bullish/bearish ratio= 977/195
Stocks up 50% or more in a month=18
Stocks up 25% or more in a month=30
Number of stocks with 100% plus move = 391
Number of stocks up 200% or more = 92
4% plus signals for 100plus universe=28
4% plus signals for 200plus universe=8

Stocks which had 100% move in last 260 days from the low and which are up more than 4% on higher volume. Today's minimum volume is above 100000. To understand how to trade this see my earlier post "How to find a stock which makes 1500% move in a year".

AMIE,Ambassadors Internat Inc (Google  Yahoo  Earnings  Chart) 
BDSI,Biodelivery Sciences Intl Inc (Google  Yahoo  Earnings  Chart) 
BPA,Biosante Pharmaceuticals (Google  Yahoo  Earnings  Chart) 
BRKR,Bruker Biosciences Corp (Google  Yahoo  Earnings  Chart) 
BRLC,Syntax-Brillian Corp (Google  Yahoo  Earnings  Chart) 
BTJ,Bolt Technology Corp (Google  Yahoo  Earnings  Chart) 
GRIL,Grill Concepts Inc (Google  Yahoo  Earnings  Chart) 
GVP,Gse Systems Inc (Google  Yahoo  Earnings  Chart) 
PNTR,Pointer Telocation Ltd Ord (Google  Yahoo  Earnings  Chart) 
VCLK,Valueclick Inc (Google  Yahoo  Earnings  Chart)