Upside momentum may last for few days | stockbee


Upside momentum may last for few days

There were only 21 downside movers yesterday. The overall bounce was good but lacked volume. Eager shorts are anticipating more downside, but it is likely that the bounce will have more upside.
There are number of stocks with good earnings bouncing back and they may offer good opportunities in few days.

Market Monitor

Total 4% plus bullish breakouts=262
Total 4% plus bearish breakouts=21
65 day bullish/bearish ratio= 567/361
Stocks up 50% or more in a month=6
Stocks up 25% or more in a month=47
Number of stocks with 100% plus move =269
Number of stocks up 200% or more = 53
4% plus signals for 100plus universe=23
4% plus signals for 200plus universe=13

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.

ACY,Aerocentury Corp (Google  Yahoo  Earnings  Chart
AOI,Alliance One International Inc (Google  Yahoo  Earnings  Chart
ARGN,Amerigon Inc (Google  Yahoo  Earnings  Chart
BIDU, Inc (Google  Yahoo  Earnings  Chart
BONT,Bon-Ton Stores Inc (Google  Yahoo  Earnings  Chart
BRKR,Bruker Biosciences Corp (Google  Yahoo  Earnings  Chart
CCOI,Cogent Communications Group Inc (Google  Yahoo  Earnings  Chart
CLAY,Clayton Holdings Inc (Google  Yahoo  Earnings  Chart
CLRT,Clarient Inc (Google  Yahoo  Earnings  Chart
FTEK,Fuel Tech Inc (Google  Yahoo  Earnings  Chart
GIII,G-III Apparel Group Ltd (Google  Yahoo  Earnings  Chart
HOTJ,House of Taylor Jewelry Inc (Google  Yahoo  Earnings  Chart
HURC,Hurco Companies Inc (Google  Yahoo  Earnings  Chart
IOSP,Innospec Inc (Google  Yahoo  Earnings  Chart
JAV,Javelin Pharmaceuticals Inc (Google  Yahoo  Earnings  Chart
JSDA,Jones Soda Co (Google  Yahoo  Earnings  Chart
MFB,Maidenform Inc (Google  Yahoo  Earnings  Chart
POZN,Pozen Incorporated (Google  Yahoo  Earnings  Chart
PRXI,Premier Exhibitions Inc (Google  Yahoo  Earnings  Chart
RICK,Rick's Caberet Intl (Google  Yahoo  Earnings  Chart
ROCM,Rochester Medical Corp (Google  Yahoo  Earnings  Chart
SIGM,Sigma Designs Inc (Google  Yahoo  Earnings  Chart
TNH,Terra Nitrogen Co L.P. (Google  Yahoo  Earnings  Chart
TRA,Terra Industries Inc (Google  Yahoo  Earnings  Chart
TWW,Terremark Worldwide Inc (Google  Yahoo  Earnings  Chart
VDSI,Vasco Data Security Intl (Google  Yahoo  Earnings  Chart
VII,Vicon Industries Inc (Google  Yahoo  Earnings  Chart
VTO,Vitro Sociedad Anonima (Google  Yahoo  Earnings  Chart


walter said...

the google reader links is a nice addition to your blog - i find myself scanning it often...

walter said...

ISSC breakout yesterday - nice volume

walter said...

ISSC nice rounded bottom long term

Pradeep Bonde said...

Ony problem with ISSC is, it trades so erratically.

walter said...

pradeep, look at ISSC on 3-year chart - beauty of a cup forming...

garytt said...

Did I mention TRCR the other day? Nice POP today.

Pradeep Bonde said...

Energy stocks look attractive today.

gosu said...

Hey Pradeep,
What do you think about alternative energy stocks.

Pradeep Bonde said...

Alternative energy stocks are still in uptrend.