Wednesday, May 30, 2007

Trade Ideas: XEC, WWY, TMA, CVD, NRI, CR, JNC, CYT

The Shanghai collapse made little impact on US markets as bulls continued their advance. Markets finished the day just below their highs, although small caps benefited most with a new closing high for the year - although it finished just a shade above resistance of its broadening wedge - also note the developing bearish divergence in slow stochastics:



The Trade Ideas scan was very bullish with both the top-8 picks and the "20-appearance" list coming in at under a minute.



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