Market Monitor
The action still continues to be dominated by large caps. Large caps gapping up on earnings is the trend in this season. But large caps do not just gap and go. They simply do not have the potential to make 50% kind of moves in a month unless takeovers are involved.
The small caps are the ones which offer best risk rewards and the Russell Index seems to have stalled, so if the overall move has more upside at some stage small caps should catch fire. Keep a close watch on Russell for clues.
Market Monitor
Total 4% plus bullish breakouts = 186
Total 4% plus bearish breakouts = 68
65 day bullish/bearish ratio = 995/240
Stocks up 50% or more in a month = 6
Stocks up 25% or more in a month = 83
Number of stocks with 100% plus move = 423
Number of stocks up 200% or more = 99
4% plus signals for 100plus universe = 44
4% plus signals for 200plus universe =9
Breakouts
AMZN,Amazon.Com Inc (Google Yahoo Earnings Chart)
ARRY,Array Biopharma Inc (Google Yahoo Earnings Chart)
BCSI,Blue Coat Systems Inc (Google Yahoo Earnings Chart)
BDSI,Biodelivery Sciences Intl Inc (Google Yahoo Earnings Chart)
BSQR,bSquare Corp (Google Yahoo Earnings Chart)
BTJ,Bolt Technology Corp (Google Yahoo Earnings Chart)
BVX,Bovie Medical Systems (Google Yahoo Earnings Chart)
CHAP,Chaparral Steel Company (Google Yahoo Earnings Chart)
DXPE,Dxp Enterprises Inc (Google Yahoo Earnings Chart)
FEIC,Fei Company (Google Yahoo Earnings Chart)
GRIL,Grill Concepts Inc (Google Yahoo Earnings Chart)
GTI,Graftech Intl Ltd (Google Yahoo Earnings Chart)
IDSA,Industrial Svcs Of Amer (Google Yahoo Earnings Chart)
IGLD,Internet Gold-Golden (Google Yahoo Earnings Chart)
IOC,Interoil Corporation (Google Yahoo Earnings Chart)
JAS,Jo-ann Stores Inc (Google Yahoo Earnings Chart)
LBY,Libbey Inc (Google Yahoo Earnings Chart)
LEA,Lear Corp (Google Yahoo Earnings Chart)
LNET,Lodgenet Entertainment (Google Yahoo Earnings Chart)
LQDT,Liquidity Services (Google Yahoo Earnings Chart)
MCF,Contango Oil & Gas (Google Yahoo Earnings Chart)
MEH,Midwest Express Holding (Google Yahoo Earnings Chart)
METH,Methode Electronics Cl A (Google Yahoo Earnings Chart)
NXST,Nexstar Broadcasting Group (Google Yahoo Earnings Chart)
OMCL,Omnicell Inc (Google Yahoo Earnings Chart)
PARD,Poniard Pharmaceuticals (Google Yahoo Earnings Chart)
PERY,Perry Ellis Int'l (Google Yahoo Earnings Chart)
ROCM,Rochester Medical Corp (Google Yahoo Earnings Chart)
RVBD,Riverbed Technologies Inc (Google Yahoo Earnings Chart)
SGG,Sgl Carbon Aktiengesells (Google Yahoo Earnings Chart)
SUF,SulphCo Inc (Google Yahoo Earnings Chart)
TSO,Tesoro Corp (Google Yahoo Earnings Chart)
TVL,Lin Tv Corp (Google Yahoo Earnings Chart)
VHI,Valhi Inc (Google Yahoo Earnings Chart)
VLCM,Volcom Inc (Google Yahoo Earnings Chart)
VOLV,Ab Volvo Adr (Google Yahoo Earnings Chart)
VYYO,Vyyo Incorporated (Google Yahoo Earnings Chart)
WNR,Western Refining Inc (Google Yahoo Earnings Chart)
XNPT,XenoPort Inc (Google Yahoo Earnings Chart)
7 comments:
Not sure if you look at < $5 at all but I've spotted this PUDC, chinese coal play, breaking out on excellent volume after very strong earnings release.
I do not get OTC data. It seems this is OTC play.
There were 39 break outs on your list today and 23 E Pivots. While htis list is very useful, what other critria do you select to narrow the field and trad the most likely winners? Your guidance will be very helpful.
wondering if you have studied if the first earnings breakout or first catalyst/news on ipo's is superior to other episodic pivot plays. That is what I have focued on but I wondered what you have seen.
So Pradeep,
If we continue to see continued upside action in large caps, and Russell continues to stall, what will your reading be?
Would it mean that the rally has no legs?
JS
This has been discussed many times before.
I for my trading select based on
1 65 day growth
2 The ones with highest yearly growth
3 The youngest member which had recently entered 100% list.
The list appears only because so many requested it to be continued. Any one wanting to trade it must replicate it themselves and have other information like 260 days growth and 65 days growth and float etc to decide.
Plus everyone is trading it on different time frames so entries need to factor that in.
Mrstrader
I have also found the same.
Gosu
Different phases of bull market have different things leading. Late phases have higher caps outperforming according to many theorist.
As to day to day trading nothing changes. Candidates continue to come in Episodic Pivot, 100% plus, IBD 200 and Virgin list. Only thing is I am using much tighter stops and not taking very large positions.
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