No lack of opportunities

A day like today gives lots to work on. Even better was if you were prepared for a bounce and got in to some of the pre identified positions early today.

Double Trouble

39 breakouts in the list today. If the rally continues expect the high of 500 plus to be taken out soon.

AOI,Alliance One International Inc (Google  Yahoo  Earnings  Chart
CBTE,Commonwealth Biotech Inc (Google  Yahoo  Earnings  Chart
COG,Cabot Oil & Gas Corp (Google  Yahoo  Earnings  Chart
CTV,Commscope Inc (Google  Yahoo  Earnings  Chart
CYNO,Cynosure Inc (Google  Yahoo  Earnings  Chart
CYTR,Cytrx Corporation (Google  Yahoo  Earnings  Chart
EGI,Entree Gold Inc (Google  Yahoo  Earnings  Chart
ELON,Echelon Corporation (Google  Yahoo  Earnings  Chart
ELP,Companhia Paranaense De (Google  Yahoo  Earnings  Chart
ENG,Englobal Corp (Google  Yahoo  Earnings  Chart
EVCI,Evci Career Colleges Inc (Google  Yahoo  Earnings  Chart
FRPT,Force Protection Inc (Google  Yahoo  Earnings  Chart
FTK,Flotek Industries Inc (Google  Yahoo  Earnings  Chart
HSKA,Heska Corp (Google  Yahoo  Earnings  Chart
IMMR,Immersion Corporation (Google  Yahoo  Earnings  Chart
IVN,Ivanhoe Mines Ltd (Google  Yahoo  Earnings  Chart
JADE,Lj Internat Inc (Google  Yahoo  Earnings  Chart
JCG,J Crew Group Inc (Google  Yahoo  Earnings  Chart
KHDH,Humboldt Wedag International Ltd (Google  Yahoo  Earnings  Chart
MALL,Pc Mall Inc (Google  Yahoo  Earnings  Chart
MCF,Contango Oil & Gas (Google  Yahoo  Earnings  Chart
MEA,Metalico Inc (Google  Yahoo  Earnings  Chart
MOS,Mosaic Company (Google  Yahoo  Earnings  Chart
NETC,Net Servicos De Comunicado Ads (Google  Yahoo  Earnings  Chart
NEXM,Nexmed Inc (Google  Yahoo  Earnings  Chart
NFI,Novastar Financial Inc (Google  Yahoo  Earnings  Chart
NGA,North American Galvanizing & Coatings Inc (Google  Yahoo  Earnings  Chart
NLN,National Lampoon Inc (Google  Yahoo  Earnings  Chart
OMPI,Obagi Medical Products Inc (Google  Yahoo  Earnings  Chart
OMTR,Omniture Inc (Google  Yahoo  Earnings  Chart
ONT,On2.Com Inc (Google  Yahoo  Earnings  Chart
ORBC,Orbcomm Inc (Google  Yahoo  Earnings  Chart
PRKR,Parkervision Inc (Google  Yahoo  Earnings  Chart
SSYS,Stratasys Inc (Google  Yahoo  Earnings  Chart
TBSI,TBS International Limited Class A (Google  Yahoo  Earnings  Chart
TRA,Terra Industries Inc (Google  Yahoo  Earnings  Chart
VDSI,Vasco Data Security Intl (Google  Yahoo  Earnings  Chart
VIV,Vivo Participacoes S.A. (Google  Yahoo  Earnings  Chart
VLCM,Volcom Inc (Google  Yahoo  Earnings  Chart

With 63 breakout, you can not complain of lack of opportunities. Even more stocks in the IBD 200 I am expecting will breakout in couple of days. Most of these stocks have the ideal characters of month or 65 days weakness.

ACTU,Actuate Corporation (Google  Yahoo  Earnings  Chart
AMN,Ameron Internat Corp (Google  Yahoo  Earnings  Chart
ARMHY,Arm Holdings Plc Ads (Google  Yahoo  Earnings  Chart
ASCA,Ameristar Casinos Inc (Google  Yahoo  Earnings  Chart
AVAV,Aerovironment Inc (Google  Yahoo  Earnings  Chart
BBND,Bigband Networks Inc (Google  Yahoo  Earnings  Chart
BK,Bank Of New York Co Inc (Google  Yahoo  Earnings  Chart
BZC,Breeze Eastern Corp (Google  Yahoo  Earnings  Chart
CBE,Cooper Industries Inc (Google  Yahoo  Earnings  Chart
CIB,Bancolombia Sa (Google  Yahoo  Earnings  Chart
CNX,Consol Energy Inc (Google  Yahoo  Earnings  Chart
CTRN,Citi Trends Inc (Google  Yahoo  Earnings  Chart
CTSH,Cognizant Tech Sol Cp A (Google  Yahoo  Earnings  Chart
CYNO,Cynosure Inc (Google  Yahoo  Earnings  Chart
DK,Delek US Holdings Inc (Google  Yahoo  Earnings  Chart
DOV,Dover Corp (Google  Yahoo  Earnings  Chart
DTPI,Diamond Mgt Tech Consultants (Google  Yahoo  Earnings  Chart
ELP,Companhia Paranaense De (Google  Yahoo  Earnings  Chart
ESS,Essex Property Trust Inc (Google  Yahoo  Earnings  Chart
FCFS,First Cash Financial Svc (Google  Yahoo  Earnings  Chart
FCSX,FCStone Group` Inc. (Google  Yahoo  Earnings  Chart
FLS,Flowserve Corp (Google  Yahoo  Earnings  Chart
FMCN,Focus Media Holding Ltd ADR (Google  Yahoo  Earnings  Chart
FNSR,Finisar Corporation (Google  Yahoo  Earnings  Chart
FRPT,Force Protection Inc (Google  Yahoo  Earnings  Chart
FTK,Flotek Industries Inc (Google  Yahoo  Earnings  Chart
GGB,Gerdau Sa Ads (Google  Yahoo  Earnings  Chart
HOC,Holly Corp (Google  Yahoo  Earnings  Chart
HTZ,Hertz Global Holdings Inc (Google  Yahoo  Earnings  Chart
IHS,IHS Inc (Google  Yahoo  Earnings  Chart
INWK,Innerworkings Inc (Google  Yahoo  Earnings  Chart
IPAR,Inter Parfums Inc (Google  Yahoo  Earnings  Chart
ITW,Illinois Tool Works Inc (Google  Yahoo  Earnings  Chart
JADE,Lj Internat Inc (Google  Yahoo  Earnings  Chart
JAKK,Jakks Pacific Inc (Google  Yahoo  Earnings  Chart
JCG,J Crew Group Inc (Google  Yahoo  Earnings  Chart
LIFC,Lifecell Corporation (Google  Yahoo  Earnings  Chart
MALL,Pc Mall Inc (Google  Yahoo  Earnings  Chart
MDRX,Allscripts Healthcare Solution (Google  Yahoo  Earnings  Chart
MEA,Metalico Inc (Google  Yahoo  Earnings  Chart
MEL,Mellon Financial Corp (Google  Yahoo  Earnings  Chart
MFB,Maidenform Inc (Google  Yahoo  Earnings  Chart
MTL,Mechel Steel Group OAO ADS (Google  Yahoo  Earnings  Chart
NGA,North American Galvanizing & Coatings Inc (Google  Yahoo  Earnings  Chart
NOV,National Oilwell Varco Inc (Google  Yahoo  Earnings  Chart
NPO,Enpro Industries Inc (Google  Yahoo  Earnings  Chart
OMCL,Omnicell Inc (Google  Yahoo  Earnings  Chart
OMTR,Omniture Inc (Google  Yahoo  Earnings  Chart
PAY,VeriFone Holdings Inc (Google  Yahoo  Earnings  Chart
RDY,Dr Reddys Labs (Google  Yahoo  Earnings  Chart
RTP,Rio Tinto Plc Adr (Google  Yahoo  Earnings  Chart
SFLY,Shutterfly Inc (Google  Yahoo  Earnings  Chart
SLB,Schlumberger Ltd (Google  Yahoo  Earnings  Chart
SSYS,Stratasys Inc (Google  Yahoo  Earnings  Chart
TATTF,Tat Technol Ltd (Google  Yahoo  Earnings  Chart
TBSI,TBS International Limited Class A (Google  Yahoo  Earnings  Chart
TCK,Teck Cominco Limited (Google  Yahoo  Earnings  Chart
TDY,Teledyne Technologies (Google  Yahoo  Earnings  Chart
TWLL,Techwell Inc (Google  Yahoo  Earnings  Chart
VDSI,Vasco Data Security Intl (Google  Yahoo  Earnings  Chart
VLCM,Volcom Inc (Google  Yahoo  Earnings  Chart
WFT,Weatherford International Ltd (Google  Yahoo  Earnings  Chart
XFML,Xinhua Finance Media Ads (Google  Yahoo  Earnings  Chart

Episodic Pivots

AVB,Avalonbay Communities (Google Yahoo Earnings Chart)
CBTE,Commonwealth Biotech Inc (Google Yahoo Earnings Chart)
CMTL,Comtech Telecommun Corp (Google Yahoo Earnings Chart)
CSAR,Caraustar Industries Inc (Google Yahoo Earnings Chart)
CYTR,Cytrx Corporation (Google Yahoo Earnings Chart)
FLS,Flowserve Corp (Google Yahoo Earnings Chart)
GRRF,China Grentech Corp Limited ADS (Google Yahoo Earnings Chart)
GS,Goldman Sachs Group Inc (Google Yahoo Earnings Chart)
HH,Hooper Holmes Inc (Google Yahoo Earnings Chart)
HOKU,Hoku Scientific Inc (Google Yahoo Earnings Chart)
HTZ,Hertz Global Holdings Inc (Google Yahoo Earnings Chart)
IMMR,Immersion Corporation (Google Yahoo Earnings Chart)
KMGB,Kmg Chemicals Inc. (Google Yahoo Earnings Chart)
LWSN,Lawson Software Inc (Google Yahoo Earnings Chart)
NGA,North American Galvanizing & Coatings Inc (Google Yahoo Earnings Chart)
OMTR,Omniture Inc (Google Yahoo Earnings Chart)
POR,Portland General Electric Co (Google Yahoo Earnings Chart)
SAPE,Sapient Corporation (Google Yahoo Earnings Chart)
STAK,Staktek Corp (Google Yahoo Earnings Chart)
TLT,iShares Lehman 20+ Year Treasury Bond Fund ETF (Google Yahoo Earnings Chart)
VNX,Vendingdata Corp (Google Yahoo Earnings Chart)
WTW,Weight Watchers Intl Inc (Google Yahoo Earnings Chart)
XTLB,XTL Biopharmaceuticals ADR (Google Yahoo Earnings Chart)

CDL,Citadel Broadcasting (Google Yahoo Earnings Chart)
HS,HealthSpring (Google Yahoo Earnings Chart)
SHLM,A.Schulman Inc (Google Yahoo Earnings Chart)

During the correction, most stocks were holding on to their gains and the rebound has ,many of those stocks resuming their rally.


Numerius said...

Pradeep youve got the best stock blog on the internet. Ive seen a lot but youve got stuff figured out here like no one else. Youve made me a better trader, and ive made many thousands more then i would have otherwise since reading your blog. THanks dude!

Pradeep Bonde said...


QUIKTDR said...

On a day when you have a preponerance of potential buy candidates, how do you filter for the best and do you enter right away or wait for other signals?

Pradeep Bonde said...

1 You can chose from IBD 200 which narrows it further
2 Float
3 Earning/sales growth rate
4 Number o year since IPO
5 margin and roe
6 Sector
7 one year price growth.
There are many ways to reduce it. I prefer ones with low float and triple digit earnings/ sales growth.

Albert S. said...

One quick question on a episodic candidate (HOKU). Do you know of a way to filter out intra-day, through TC, when a stock has an extreme movement in volume such as this stock did yesterday. This stock averages about 300k daily and yesterday was over 1M shares traded. Not only were there alot of shares traded, the price moved very little. To me this is a flag of things that could potentially happen and would prompt to possibly take a small position.

What are your thoughts and this method?

Once again thank you for all of your efforts in putting this amazing blog together.

Pradeep Bonde said...

TC has a ready scan for volume.
Volume surge today
Volume moves not accompanied by price move are not very reliable.

Susan said...

RCCC is so annoying, just when you think it's too high it just keep on going up and up. i wish i had taking the trade a few days ago