Low Volume Pause

Market has been churning after the FOMC induced big move. The down days have been on lower volume. The month end and quarter end effect will provide a support for this move at this stage. After that market attention will again focus on earnings season. The real next move would reassert itself after the earning season or midway through it once the earnings picture become clearer. On individual stock price moves will be driven by pre earning drift and pre announcements.

As usual the earnings season is a season of opportunity and I look froward to it for profit making opportunities. I will later have a series of my customary pre earning season posts on how to profit from the " Post Earnings Announcement Drift (PEADS)" strategy.

Notice the dramatic increase in stocks up 25% or more in a month within few days of rally after the down move.So there were 64 opportunities to make 25% plus in individual stocks. If you could not find much of an opportunity, you must go through those 64 stock list to find what you are missing. A well designed strategy should have you invested in some of them and capturing part of the move on some. 57 of the 64 stocks in that list had a Episodic Pivot in last 6 months or less. Around half of the members in that 64 had already moved 100% plus before they made the 25% plus move in last one month. More than half of them had the 25% plus move triggered by earnings announcements.

Market Monitor
Total 4% plus bullish breakouts=61
Total 4% plus bearish breakouts=63
65 day bullish/bearish ratio= 751/305
Stocks up 50% or more in a month=6
Stocks up 25% or more in a month=64
Number of stocks with 100% plus move =334
Number of stocks up 200% or more = 59
4% plus signals for 100plus universe=18
4% plus signals for 200plus universe=5


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".

ACAD,Acadia Pharmaceuticals (Google  Yahoo  Earnings  Chart) 
AKRX,Akorn Inc (Google  Yahoo  Earnings  Chart) 
AVCI,Avici Systems (Google  Yahoo  Earnings  Chart) 
BWLD,Buffalo Wild Wings (Google  Yahoo  Earnings  Chart) 
CHRK,Cherokee Intl (Google  Yahoo  Earnings  Chart) 
CIMT,Cimatron Ltd (Google  Yahoo  Earnings  Chart) 
GRIL,Grill Concepts Inc (Google  Yahoo  Earnings  Chart) 
HAYZ,Hayes Lemmerz International Inc (Google  Yahoo  Earnings  Chart) 
HRT,Arrhythmia Research Tech (Google  Yahoo  Earnings  Chart) 
LNET,Lodgenet Entertainment (Google  Yahoo  Earnings  Chart) 
LTS,Ladenburg Thalmann Finl (Google  Yahoo  Earnings  Chart) 
ORCH,Orchid Cellmark Inc (Google  Yahoo  Earnings  Chart) 
SLP,Simulations Plus Inc (Google  Yahoo  Earnings  Chart) 
SMSI,Smith Micro Software Inc (Google  Yahoo  Earnings  Chart) 
SPEX,Spherix Inc (Google  Yahoo  Earnings  Chart) 
VYYO,Vyyo Incorporated (Google  Yahoo  Earnings  Chart) 
WHT,Westside Energy Corp (Google  Yahoo  Earnings  Chart) 
WRSP,WorldSpace Inc (Google  Yahoo  Earnings  Chart)