The screening provided, for the most part, stocks that have been showing up out the same sectors, like communication equipment or semiconductors. A few stocks from the utilities sector looked good. And, except for KSS showing up in the category 3 screening, the retail sector was quiet.
The market internals backed down again Friday and the screened stock ratio reversed again 11 to 6 favoring selling. I'm still positive, but a little caution may be warranted for a day or two.
Longs: ALLC, AT, ASD, BHE, CTXS, FE, HKHM, MCDT, ROK and VRTY.
Good Trading!!
Sam savvy-trader.com |