Trade Ideas: PGH, CMRG, SYKE, CBM, KYE, PVX, PPDI

The market takes another pounding pushing the scan time out to 40 minutes from yesterday's 22 minutes (and the prior days minutes). Large caps are taking the brunt of the beating but it is interesting to see the semiconductor index escape the bearish wrath for a second day, given how hard this index took it on the chin from February highs.

There is no real standout amongst the Trade Ideas picks. PPDI has perhaps the best risk:reward given its positive test of the 50-day MA and relative position inside a 2-month base. CMRG takes second prize, although I would be happier to see $10.25 breached on volume. This was featured on my parent site back in March.

In terms of frequency of appearance on the scan: KYE, PVX and PGH take the honors at 4 times apiece.





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