Down move may be just around the corner
The 50% plus in a month reading is currently at 3. The indicator has been around this reading for sometime and a down move here might washout pre mature bulls and set up for sustainable bounce. Individual stocks are worth examining for buys here. The fresh breakouts are from new sectors and unlikely to be affected by a shakeout.
Market Monitor
Total 4% plus bullish breakouts=134
Total 4% plus bearish breakouts=33
65 day bullish/bearish ratio= 643/382
Stocks up 50% or more in a month=3
Stocks up 25% or more in a month=29
Number of stocks with 100% plus move =310
Number of stocks up 200% or more = 64
4% plus signals for 100plus universe=35
4% plus signals for 200plus universe=7
Select stocks which had 100% plus 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 the post "How to find a stock which makes a 1500% plus move in a year".
ANO,Anooraq Resources Corp (Google Yahoo Earnings Chart)
AUXL,Auxilium Pharmaceuticals Inc (Google Yahoo Earnings Chart)
BRKR,Bruker Biosciences Corp (Google Yahoo Earnings Chart)
BW,Brush Engineered (Google Yahoo Earnings Chart)
CIMT,Cimatron Ltd (Google Yahoo Earnings Chart)
CKSW,Clicksoftware Technlgies (Google Yahoo Earnings Chart)
CRY,Cryolife Inc (Google Yahoo Earnings Chart)
CYTR,Cytrx Corporation (Google Yahoo Earnings Chart)
DSTI,Daystar Technologies Inc (Google Yahoo Earnings Chart)
ESCH,Eschelon Telecom Inc (Google Yahoo Earnings Chart)
EXM,Excel Maritime Carriers (Google Yahoo Earnings Chart)
GIGM,Gigamedia Limited (Google Yahoo Earnings Chart)
GNVC,Genvec Inc (Google Yahoo Earnings Chart)
HNSN,Hansen Medical Inc (Google Yahoo Earnings Chart)
HRSH,Hirsch International Corp Class A (Google Yahoo Earnings Chart)
IGTE,Igate Corporaion (Google Yahoo Earnings Chart)
JADE,Lj Internat Inc (Google Yahoo Earnings Chart)
LEND,Accredited Home Lenders (Google Yahoo Earnings Chart)
MEND,Micrus Endovascular Corp (Google Yahoo Earnings Chart)
MGM,MGM MIRAGE Inc (Google Yahoo Earnings Chart)
ONT,On2.Com Inc (Google Yahoo Earnings Chart)
PERY,Perry Ellis Int'l (Google Yahoo Earnings Chart)
PRKR,Parkervision Inc (Google Yahoo Earnings Chart)
PRW,Pro-pharmaceuticals Inc (Google Yahoo Earnings Chart)
RBY,Rubicon Minerals Corporation (Google Yahoo Earnings Chart)
RGR,Sturm Ruger & Co Inc (Google Yahoo Earnings Chart)
RMBS,Rambus Inc (Google Yahoo Earnings Chart)
SGEN,Seattle Genetic (Google Yahoo Earnings Chart)
SILC,Silicom Ltd (Google Yahoo Earnings Chart)
SIMO,Silicon Motion Technology Corp (Google Yahoo Earnings Chart)
VC,Visteon Corporation (Google Yahoo Earnings Chart)
VDSI,Vasco Data Security Intl (Google Yahoo Earnings Chart)
VTO,Vitro Sociedad Anonima (Google Yahoo Earnings Chart)
WFR,Memc Electronic Material (Google Yahoo Earnings Chart)
XIDE,Exide Tech (Google Yahoo Earnings Chart)
4 comments:
Pradeep
On average how many positions do you hold in your portfolio?
thanks
k
Around 5 or less. Concentration builds wealth, diversification protects wealth.
Interesting, do you pyramid on winning positions or do you use the full position initially?
Pyramid a lot. But on some plays like earnings I might put in a large position in the beginning itself. The way the earnings trade works on unknown stock is it just bursts in to 50% to 300% move very rapidly without offering opportunities to pyramid. Plus in such trades there is no negative catalyst till next earnings or atleast for next 4-6 weeks. Now some of these learnings have happened after trading it for five six years, so I just know what is going to work mostly before hand.
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