Stockbee: Market Roundup

Market Roundup

February 28, 2008

Market breadth has steadily improved over last month
Breakout based strategies like Double Trouble and IBD 200 work better in such environment.
How long the bullish phase will last is not clear and there was some profit taking today.
However as everyone is skeptical of the rally, it might persist longer.
Number of new leaders (stocks with high IBD EPS ratings) are breaking out.
Most of them have 2-3 month bases or consolidations and you will see number of cup with handle breakouts.

Stocks up 4% or more on higher volume from top 10 sector:

ANO,Anooraq Resources Corp (Google  Yahoo  Earnings  Chart)
CLR,Continental Resources Inc (Google  Yahoo  Earnings  Chart)
CPSL,China Precision Steel Inc (Google  Yahoo  Earnings  Chart)
DESC,Distributed Energy Systems (Google  Yahoo  Earnings  Chart)
DROOY,DRD Gold Ltd Adr (Google  Yahoo  Earnings  Chart)
GDP,Goodrich Petrol Corp (Google  Yahoo  Earnings  Chart)
GGB,Gerdau Sa Ads (Google  Yahoo  Earnings  Chart)
GSI,General Steel Holdings Inc (Google  Yahoo  Earnings  Chart)
HMY,Harmony Gold Mining Co (Google  Yahoo  Earnings  Chart)
IAG,Iamgold Corp (Google  Yahoo  Earnings  Chart)
IVN,Ivanhoe Mines Ltd (Google  Yahoo  Earnings  Chart)
KOG,Kodiak Oil & Gas Corp (Google  Yahoo  Earnings  Chart)
LIHR,Lihir Gold` Limited ADS (Google  Yahoo  Earnings  Chart)
LMC,Lundin Mining Corp Ord (Google  Yahoo  Earnings  Chart)
MCEL,Millennium Cell Inc (Google  Yahoo  Earnings  Chart)
MMG,Metalline Mining Co (Google  Yahoo  Earnings  Chart)
PAAS,Pan Amer Silver Cp (Google  Yahoo  Earnings  Chart)
PLM,PolyMet Mining Corp (Google  Yahoo  Earnings  Chart)
SGY,Stone Energy Corp (Google  Yahoo  Earnings  Chart)
TGB,Taseko Mines Ltd (Google  Yahoo  Earnings  Chart)
URRE,Uranium Resources (Google  Yahoo  Earnings  Chart)
ZINC,Horsehead Hldg Corp. (Google  Yahoo  Earnings  Chart)

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Market Roundup

February 28, 2008

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