Monday, April 16, 2007

Trade Ideas: LNC, BMS, IFF, SWK, NVR, EQY, CSH, TXT

The S&P and Russell 2000 closed at new highs for the year, confining February's sell off to history. Techs did enough to close the February breakdown gaps, but hadn't quite done enough to mark new yearly highs. Only the S&P registered an accumulation day (just) and volume was perhaps a little disappointing given the technical significance of the break. The Trade Ideas scan was bustling; top 8 picks came in at 2 minutes with the "20-hit" list coming in at 4 minutes.



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