Market Monitor
April 3, 2007
Markets are churning at this level. Many times such churning action indicates slow distribution. The lack of major upside momentum is also reflected in the 50% plus indicator getting stuck at 9 for sometime. So a weakness here might be the possible next move for the overall market.
Market Monitor
Total 4% plus bullish breakouts=103
Total 4% plus bearish breakouts=50
65 day bullish/bearish ratio= 749/331
Stocks up 50% or more in a month=9
Stocks up 25% or more in a month=112
Number of stocks with 100% plus move =335
Number of stocks up 200% or more = 67
4% plus signals for 100plus universe=27
4% plus signals for 200plus universe=9
SLP, Simulation Plus is one of the stock appearing on the 100% plus scans today.
Simulations Plus, Inc. (Simulations Plus) designs and develops pharmaceutical simulation software for solutions to a number of problems in pharmaceutical research, and in the education of pharmacy and medical students.
SLP, has gone up 495% from its 260 days low of 1.92 in last one year. A series of large orders triggered the move and a low float of 3.5 million further helped drive the stock higher. Along the way it offered many Episodic Pivots entries (marked in green).
Market Monitor
Total 4% plus bullish breakouts=103
Total 4% plus bearish breakouts=50
65 day bullish/bearish ratio= 749/331
Stocks up 50% or more in a month=9
Stocks up 25% or more in a month=112
Number of stocks with 100% plus move =335
Number of stocks up 200% or more = 67
4% plus signals for 100plus universe=27
4% plus signals for 200plus universe=9
SLP, Simulation Plus is one of the stock appearing on the 100% plus scans today.
Simulations Plus, Inc. (Simulations Plus) designs and develops pharmaceutical simulation software for solutions to a number of problems in pharmaceutical research, and in the education of pharmacy and medical students.
SLP, has gone up 495% from its 260 days low of 1.92 in last one year. A series of large orders triggered the move and a low float of 3.5 million further helped drive the stock higher. Along the way it offered many Episodic Pivots entries (marked in green).
OEX p/c is extremely low, which gives me the impression that we are in for a heck of gain today.
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