4/22/2009

Earnings breakouts a galore

In this earnings season there have been ton of earnings breakouts. After a bear market of over a year and record price drop, investors were too pessimistic about earnings. Under such conditions even a slightly better earnings than expectation can lead to big rally. 
Stocks with earnings surprise are making 15 to 30% moves in a day or two post earnings release. If you have a well thought out methodology to exploit such opportunities, you should be cleaning up in this market. In fact if you are not making money in last one month you should seriously have a relook at your methodology. 

Stocks with high volume breakout yesterday:
APWR
BBEP
BJS
CAEI
CERS
COH
CSKI
DDRX
ELX
FAS
FEED
FNET
FRZ
FTY
GMXR
IAT
KIRK
MAN
MLNX
PKG
QLGC
RFL
ROG
TCK
THC
USG
WU

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