Looking over the days list, APW would'a been nice, but un-buyable with an 8 point gap up. CHP did an up down, DOX, UDS, HRS, SAP, PTEN and VRTS may be ok. Shorts again made the money.
There was a little market improvement in the internals, so there is hope. And, all stocks are moving into oversold positions, especially the stocks on our short screening. However, we remain cautious to preserve capital.
One thing that I've noticed over the last couple months is that in the stock screening we do, there is a greater number of insiders selling the stocks on the short screens than insiders buying the longs on the long screens. I'll be taking a further look at the numbers to see if we can derive a useful trend.
For Thursday long: AREM, PRGN, HC, LEXG, EFX, P and PCP.
Shorts: EL, GEMS, LOW, SDS, FILE, WIND and PLT.
Good Trading!!
Sam
savvy-trader.com |
