100% plus moves in S&P500 and Nasdaq 100
ATI,Allegheny Technologies (Google Yahoo Earnings Chart)
BIG,Big Lots Inc (Google Yahoo Earnings Chart)
COH,Coach Inc (Google Yahoo Earnings Chart)
DYN,Dynegy Inc (Google Yahoo Earnings Chart)
GT,Goodyear Tire&Rubber Co (Google Yahoo Earnings Chart)
MICC,Millicom Intl Cellular Sa (Google Yahoo Earnings Chart)
RIMM,Research In Motion Ltd (Google Yahoo Earnings Chart)
RL,Polo Ralph Lauren Corp (Google Yahoo Earnings Chart)
RSH,Radioshack Corp (Google Yahoo Earnings Chart)
RYAAY,Ryanair Hldgs Plc Adr (Google Yahoo Earnings Chart)
Out of that list GT is up 242% , MICC is up 154%, BIG is up 146%. Now these stocks have no liquidity problem.
All three also had Episodic Pivots kicking of their big move. Also in all three cases the move as precipitated during earning season. MICC was a trade from 100% plus earnings list. Something to think about.
Most of the debate about liquidity is just a distraction. Those who do not want to trade a method, find hundreds of arguments to not to trade profitable methods. That essentially boils down to the fact that some understand an idea some do not.
2 comments:
Thanks for these Pradeep. How is the
best way to buy some of these stocks?
Just jump in, wait for a pullback or?
I have read your past posts and it
has been very helpful. Vol
They are not buy at this level. I was just answering the ongoing debate about liquidity and the erroneous assumptions by some that all the stocks in 100% plus list are not liquid enough.
I buy on 4% plus breakout, provided there is some weakness before the breakout. If you see GT, it offered 6 possible entry points after making it to 100% plus list , at least one of them was after a 65 ay weakness.
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