Thursday, July 7, 2011

Watchlist July 7th 2011

HOV



HEK




GLUU



DANG



GA



RDN - like above 50ma after some consolidation



ADK - maybe a bit more consolidation... previously thin trader with nice vol recently.



EEE



OCZ



Wednesday, July 6, 2011

Stocks to Watch 07/06/2011

REDF




SIFY

PTIE


CIGX


PCYC - waiting for short confirmation.

Sunday, July 3, 2011

Congrats to those with stinky fingers!!


Congratulations to everyone who picked their bottoms last week!  The SPX held and bounced beautifully of the 200MA spurring a 5 day bull run with almost all days being triple digits days for the DOW.  I put my IRA to work on the second day so my fingers were a bit dirty.  I didn't get to chance to put much to work trading and missed out of the biggest rally this year in that aspect. 

SPX: Rule # 1 - Double Tap!!




McClellan Oscillator showing overbought conditions > 50.  I'd like to see the market rest here before blasting off to new highs for the year...