MALL,NM,ANLT, CACOA,NSCP (five important breakouts)I mentioned that CACOA was #2 ranked earnings suprise on Zacks list yesterday. It was up about 15% intraday yesterday and now is better than 20% HBOC,PLCM,NSCP,NTAP,VISX,GNET,CTEA(on twice) ALL were on the Market Gems Watch List of November 16 and 17 and 18... ANLT up very nicely for 3 days was there twice in last 3 days.. WIND, SE earnings plays are good for the second consecutive day
Traders please give every stock on the list your undivided attention. They go through about 3 stages of screening before they 'make' the list. 1) technical position with over 12 indicators 2) fundamental checking out valuation, profitability 'health' of balance sheet 3) Institutional interest factors in as last stage and I check how many big blocks of 10-100,000 went through that day. 4) Any important news in last week or two and analyst' upgrade/downgrades in the last month with analyst concensus buy/hold/sell rank (has it changed in last week)
Sometimes the next day they will break out and you might miss it. I got the information about NSCP and AOL on the Dow services already at 1:00 a.m. an included it on the watch list. HBOC popped a day later, CTEA (Celestial Seasonings) which I mentioned as a "Market Gem" and an earnings play was a day late bloomer but is now among an
TKLC, and NMGC from the November 13 now popping nicely. the point is that you don't need to watch 200 stocks or 'chase' gap ups. 2-3 days of watch list stocks (with the emphasis on the latest day) a elite group of stocks that are estimated to have accelerated earnings velocity going forward..
glance at the earnings plays, Some can languish but we look for "Gems" and they shine out. So you are watching anywhere from 13 to 40 stocks that already are in a very pivotal position for a break out.
And last thanks to posters like madtyrolean </i Logistics, Charliss etc.. I get my confirmation that a pick indeed might be good for more than a 1-2 day hold since some of you are real followers of those stocks that I list whereas I might just have 'found' them but are not intimately involved with them. |
