3/18/2007

When in doubt, stay out

While the intense selling phase has subsided, markets are not in a position to mount a counter trend rally. In fact markets might witness more weakness in near future. The better opportunities will present once next earning season starts.

Market Monitor
Total 4% plus bullish breakouts=76
Total 4% plus bearish breakouts=69
65 day bullish/bearish ratio= 564/422
Stocks up 50% or more in a month=3
Stocks up 25% or more in a month=32
Number of stocks with 100% plus move =268
Number of stocks up 200% or more = 55
4% plus signals for 100plus universe=13
4% plus signals for 200plus universe=2


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
CCOI,Cogent Communications Group Inc (Google  Yahoo  Earnings  Chart
CLRT,Clarient Inc (Google  Yahoo  Earnings  Chart
EGR,Commerce Energy Group (Google  Yahoo  Earnings  Chart
GLDN,Golden Telecom Inc (Google  Yahoo  Earnings  Chart
HAYZ,Hayes Lemmerz International Inc (Google  Yahoo  Earnings  Chart
HMSY,Hms Holdings Corp (Google  Yahoo  Earnings  Chart
HTI,Halozyme Therapeutics Inc (Google  Yahoo  Earnings  Chart
ITWO,i2 Technologies Inc (Google  Yahoo  Earnings  Chart
IW,Imageware Systems Inc. (Google  Yahoo  Earnings  Chart
ORCH,Orchid Cellmark Inc (Google  Yahoo  Earnings  Chart
SRSL,Srs Labs Inc (Google  Yahoo  Earnings  Chart
SWRG,Smith & Wollensky Rest Grp Inc (Google  Yahoo  Earnings  Chart

No comments: