Back in the saddle after completing my second CMT exam. The markets teased the bulls with Thursday's bullish engulfing patterns on higher volume but in the end it was the bears who took the week with heavy volume selling Friday. The sweep of stop hits (17 in all - see below) was testament to the bears, particularly as many of these stop hits occurred on the 'bullish' Thursday. If ever there was a reason for staying on the sidelines this was it. There wasn't much gloss to Friday's trading. The NASDAQ finished near Thursday's lows but was able to trade above the 50-day MA. Lighter volume may have been some consolation for the bulls but the previous bullish engulfing pattern should not have retraced as much as it did given the accompanying volume. The NASDAQ 100 fared little better as the earlier trendline breakdown was reaffirmed as its bullish engulfing pattern was rejected on significantly heavier volume. The technical picture in this index remains very weak

Close to breaking to new near term highs. Steady uptrend on its way to challenging $55 resistance. A cash dividend of $0.38 is declared for May and the fund sports an annual yield of 8.3%. For the income earners amongst you who want a little extra. Enerplus Resources Fund operates as an energy investment trust in Western Canada. The fund, through its subsidiaries, engages in acquiring, exploiting, and operating crude oil and natural gas assets. Its oil and natural gas property interests are located in the provinces of British Columbia, Alberta, Saskatchewan, and Manitoba, western Canada; and Montana and North Dakota, the United States. Trade Ideas If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.

After a lackluster few days for my Trade Ideas scan it kicked back with a vengeance; the week-on-week return was the highest ever, bringing in +7.11% return. It wasn't just one stock carrying the day: LIFC , OMCL and MROI returned +17.91% , +14.14% , and +16.47% respectively. The good run of fortune for my newsletter picks came to a disappointing end as the week-on-week return was down -2.20% , worse than Jim Cramer's -0.85% loss, or the flat returns in the Market ETFs. Best performer on the week was Trade Ideas' LIFC ( +17.91% ), worst was ESRX ( -9.36% ), a pick of Jim Cramers'. If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. If you would like to subscribe to my newsletter you can do so by ordering monthly, 6-month, or annual membership from the 'Quantity' box in the right-hand-margin. If you would like to see Jim's picks you can tune into his TV show, or get them from Madd Money or

One trade was knocked out as another was added. I gave CHUX a little more room than usual to account for the most recent reaction low (as opposed to nearest support which at the time was at $18.15). The earlier break of the 50-day MA, which was support at $16.75, could have been used as an earlier exit point. Today's intraday move was enough to hit the fixed stop, although a short term rally back to the 50-day MA would provide a more favorable exit. The 500 share lot closed for a loss of - $810 . Collective2 If you would like to receive these trades live then click here to sign up.

This was the most frequently appearing stock from my Trade Ideas scan. It carries a number of bullish characteristics: [1] Bullish flag [2] Support at the 20-day MA [3] Increased buying volume from $9.39 [3] Bullish piercing pattern/Bullish harami+hammer depending on your data provider. Break of $11 resistance would complete a cup-and-handle pattern. Short term target of $12.70. Longer term target of $16.00. Taiwan Semiconductor Manufacturing Company Limited engages in the design, manufacture, sale, packaging, and testing of integrated circuits and other semiconductor devices, as well as in the manufacture of masks. Trade Ideas If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.

Update: Sep 23rd 2006 I have expanded the KIVA program to include my two services: [1] The real-time Portfolio option; trades are sent to your email or mobile device: The first month payment ( $49.95 ) will be given to one or two KIVA projects of the Subscriber choice. [2] The Newsletter mailed out during the week. Purchasers of annual membership (which can be bought for $119 by filling out a payment schedule in the right-hand-margin) will have $25 allocated to a KIVA program of your choice. New members should email me the links from the KIVA site where they would like their contribution to go too. The contribution is part payment towards your membership and is not reimbursed if the loan is paid off (if any payment is received at all). Paid loans will be cycled back into the KIVA system. From what I understand, no interest is received by KIVA on the loans. I'll do periodic updates as I get them. For the purpose of disclosure, I have no personal or professional involvement

My Newsletter picks enjoyed another profitable week ( +3.96% ) in the face of market weakness ( -0.41% ). My Trade Ideas scan picks closed flat ( +0.09% ). Jim Cramer suffered another hit with a -2.18% loss after some earlier success during the week. The big winner on the week (I think it is the biggest weekly winner to date) was LEA . The stock, available to subscribers, closed up +35% . It helped compensate for the weeks biggest loser (also a subscriber pick unfortunately), NGAS , which closed down -11% . It was a tough week for picking winners; JC had the poorest performance with only 1 profitable stock in 8; my own picks managed 3 winners out of 6. My Trade Ideas scan picks fell in the middle. Below is an updated performance chart for 1-week returns. It represents 25 repeat samples since early February 2006, each comprised of 6-8 stocks per system. Best of the bunch is the Trade Ideas scan with an average weekly return of +0.78% . Jim Cramer and I are fighting it out for second

Earnings were not what the doctored order as the stock shed over $5 in heavy trading. The April 13th play was able to escape with a $54 profit after a raised stop helped protect the position from the selling which followed. SSD had the highest frequency for my sample hour on April 12th and until today was looking alright. Collective2 If you would like to receive these trades live then click here to sign up.

Breadth has really dropped off over the last hour of trading. NBG popped up on the scan at 3:17pm and there has been nothing since. Chart shows a symmetrical triangle with price currently working off 6-month support and the 50-day MA. With a stop at $9.68 this is a relatively low risk trade. $15 is next psychological target/resistance level. National Bank of Greece S.A. and its subsidiaries provide commercial and retail banking products and services primarily in Greece and internationally. The bank engages in generating deposits and originating loans. Its deposit products include savings accounts, current accounts, demand deposits, and time deposits. Trade Ideas If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.

Playing around with the new Sharpcharts2 feature at Stockcharts.com. Took a look at the relationship between gold and the dollar and the S&P with the dollar. Certainly something has to give in the freefall decline of the dollar:gold relationship. The developing reversal head-and-shoulder pattern in the dollar should see a scramble to buy at around 84.75. When this happens it will end the precious metal rally and relieve some of the pressure in the commodity markets (and therefore the Fed's need to raise rates). It should also mark a significant bottom in the markets. The chart showing the dollar:S&P relationship was less conclusive in its relationship, or as an indicator of what might follow. fallond

Unfortunately, there was no Lightning round picks from last Monday's Mad Money show. Surprisingly, the Market ETFs were the best performer on the week ( +1.02% ). My own newsletter picks closed slightly up ( +0.22% ) and the Trade Ideas scan took another smack on the chin with a loss of -0.95% . The weeks best performer was drawn from the Trade Ideas scan: RUSHA closed up 4.37% . Unfortunately, the same scan had the biggest loser with UMPQ , down -8.22% . If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. If you would like to subscribe to my newsletter you can do so by ordering monthly, 6-month, or annual membership from the 'Quantity' box in the right-hand-margin. If you would like to see Jim's picks you can tune into his TV show, or get them from Madd Money or Mad Money Recap . SPONSORED BY:-

PNY appeared three times over the course of 13 minutes while running my scan. The break of $25 looks to be follow through from a small head-and-shoulders pattern. This forms part of a larger 6-month base on the weekly chart. Excellent volume in support. A push to $26 would trigger a point-n-figure double top breakout. Projected target of $34 (for now). Yield of 3.9% is tough to ignore. No apparent news to account for today's action. Piedmont Natural Gas Company, Inc., an energy services company, distributes natural gas to residential, commercial, and industrial customers in portions of North Carolina, South Carolina, and Tennessee. Trade Ideas If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.

Large cap indices helped push the market ETFs for gains on the week. Only the Trade Ideas picks underperformed. The strongest performance for the week came from my Newsletter picks (for a subscription , buy monthly, semi-annual or annual membership in the right-hand-column). All six of my newsletter stock picks were profitable with LCC , the best performer with a 9% return on the week (this pick was only available to newsletter subscribers, for my free picks click here ). The net return from my plays was a soild 4.9% . Jim Cramer was next up with an average return of 3.9% for the week. His only let down from the 8 Lightning round picks I selected was CHRS , down -3.8% . It should be added, his plays were taken from the Thursday show (there was no show on record for Friday on Madd Money ). The Trade Ideas had a disappointing week, down -1.2% . Most disappointing was the return of the stock with the greatest frequency; PAL . The stock closed down -4.5% . But it was not the worst perfo

DLB was appearing with some frequency in my Trade Ideas scan. The chart looks okay - nothing spectacular (but that could be its advantage); the former rising trendline which ran from November to March was breached in favor of a sideways consolidation. There is potential for a run to the upper channel line on a MACD trigger "buy". Current bounce has worked off the 50-day MA. Point-n-figure target of $26 looks reasonable (part of a January 27th ascending triple top breakout). Dolby Laboratories, Inc. engages in the development and delivery of products and technologies for the entertainment industry worldwide. The company operates in two segments, Products and Production Services, and Technology Licensing. The Products and Production Services segment designs, manufactures, and sells audio products for the motion picture, broadcast, music, and video game industries, as well as offers various production services that support the motion picture, broadcast, recording and video game

Click here for Today's stock picks Friday did for the bears what Tuesday did for the bulls. Higher energy prices were the cause celeb for the drop in the Tech markets, but don't ask me why $73 oil was completely ignored on Tuesday when bulls were a rampaging on Fed news, while $75 oil is considered to be the end-of-the-world. The week was like a microcosm of a bull market; with money surging into Tech [ NASDAQ and NASDAQ 100 ] and small caps [ Russell 2000 ] early on, only for it to rotate into 'safe' large caps by the end of the week [ Dow and S&P ]. Media talk of 5-year market highs (in Tech markets) should be viewed within the context of a near 100% gain in the markets from October 2002 (1,109) to the end of 2003 (2,153) and the bare 10% gain in the markets since (2,378 as of Friday). The only real winners in this scenario are your broker . In Tech markets [ NASDAQ and NASDAQ 100 ] the MACD bearish divergence held firm in the face of last weeks buying. H

Markets taken a tumble in afternoon trading as large caps go the way of Tech markets. The current selection of 8 stocks covered a time span of 17 minutes. "*" denotes the frequency of each during this period. BVF : ********* HIH : * IVAN : **** HTE : ** PNY : * KMX : ** GLNG : ** ELN : * Trade Ideas If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.

Big Thank you to Brett Steenbarger for his mention of this site on his Friday's Weblog. Below is an example of the market commentary I keep on my parent site: www.fallondpicks.com Thursday belonged to the Dow (well GM really) as money rotated from speculation to 'safety'. Commodity stocks were the big losers - although given their recent run this could hardly have been called surprising. More worrying was the churning in the Tech markets [ NASDAQ and NASDAQ 100 ]. The selling was enough to reverse Wednesday's small breakout in the NASDAQ , but not enough to give bears a strong handle on the markets. Technicals of Tech markets remain hemmed in by bearish divergences in the MACD trigger line. The new closing high in the Dow was impressive. The S&P was less enthused and instead pushed a breakout on a more neutral spinning top. The Russell 2000 made a positive test of new support at 766 and maintains its leadership edge. Secondary Tech markets now lie all bullish

Interesting day for the markets with the DOW breaking broadening wedge resistance (again) as the Tech markets churned. Bulls need to keep an eye on volatility as it sits at historical support. Where is the fear? Today's Trade Ideas selection covered 3 minutes of end-of-day data. Each stock appeared only once over this period. AIN : Bullish three white soldiers. Best to wait for retracement to open of second white candlestick ($37). Stops on loss of $36. Key resistance at $38. Point-n-figure target of $61. LIFC : Remains range bound. Buy break of $22.75. Resistance at $24. Stops on loss of $21. Look for move to $35. Weekly chart shows price support at 40-week average with a nice handle around $22. CALD : Not to much to get excited about here. Also range bound. $4.80 looks to be key resistance. A push past $5.50 would set up a run to $14.50 but this may not come any time soon. OMCL : Advancing block series of candlesticks (weak bullish). Weekly chart looks better with a bouce off the

Another very quick batch of 8 stocks for review. It took the software less than a minute to come up with the 8. XOM , NARA , SMH , KEYW and MGA look to be displaying follow through moves from yesterday and should be watched for retracement opportunities. None of the picks appeared more than once in the 1 minute time span of the scan. Trade Ideas If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.

Quick post before the close. All 8 picks covered a span of a couple of minutes. CSR was the only stock to pop up twice during this narrow period. Trade Ideas If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.

As much as I like commodity based stocks I am kinda sick of hearing all about them; it seems like everyone and their granny is touting them (reason enough to sell). So I drew up a quick list of words and ran them against Phat Investor to see how often they are mentioned. I thought running the terms against financial blogs would give a better representative sample than a simple Google or Yahoo hit. Of the search terms I used (I am sure people can think of a better list), one: "S&P", failed to register. No surprise to see Oil and Energy at the top of the list. Gold ranked 4th, but runaway Silver could only manage 15th. I was surprised to see Biotech/Biotechnology near the bottom. The actual bottom of the pile was Generics . Whats in a word

The following 8 stocks covered a 1hr 5 min time period; well below the 50+ stocks from last week; not a market for stock picking. The Frequency is illustrated using "*": TOT : **** : Small handle developing between $137 and $132. Run stops on loss of lows. Projected target of $178. TRAK : *** : Little historic data to work with. Stops can go on loss of $21.65. Key resistance at $24. Unlikely to make a big move soon, but should do okay as a hold. CLRK : * : Recent dojis suggest indecision from bounce off $17.21. Retest of latter price cannot be ruled out. Major resistance at $22. Large base pattern dating back to late 2004. Projected target of $30. PAL : ****** : Stuck in a 3-month base, trading between $9.50 and $12.50. Trade break of resistance. Point-n-figure target of $19 not unreasonable, especially if the stock makes it to $13 (=an ascending triple top breakout). FBTX : * : Bull flag still in development. Stops go on loss of $18.50. Projected target of $24 - similar t

I have used yesterdays close as the weeks ending price given the holiday. The results were almost a repeat of the previous day with the exception of a light net loss in the Trade Ideas picks. There was greater selling pressure all around, as measured by the largest 1-week loss in the indices ETF's for my studied period. Jim Cramer suffered his biggest average loss, down -3.43% on the week for his first 8 lightning round picks. BRCD suffered the biggest loss of any of the stocks, shedding -10.61%. Trade Ideas effectively closed flat ( -0.38% ) on the week; no major winners, but no major losses either. My own gains of +2.09% were helped in large part by SUMT ; up 17.6% on the week. My biggest loser, LCC , didn't put a big enough dent in my returns to register an overall loss. If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. If you would like to subscribe to my newsletter you can do so by ordering monthly, 6-month

It was a second set of winning stocks from my newsletter for the week; the average return of +3.8% per trade trounced the indices ETFs average loss of -1.2% . The gain was helped in large part by the 14% gain in GRZ . But the stock was not the best performer; that honor went to my Trade Ideas pick, DLIA . This stock closed up 15.6%. It should be noted, this was the stock which appeared with the greatest frequency on the Trade Ideas scan (see my earlier two posts to see the most frequent stocks from this weeks' scans). The two profitable Trade Ideas picks, DLIA and TESOF , were able to raise the average return of this scan to +1.4% . Jim Cramer suffered another bad week; his picks closed down for an average of -2.0% per trade. One profitable stock out of eight killed any chance of a winning performance, eventhough four of these picks logged a loss of less than 1%. Biggest loser on the week belonged to my newsletter pick, MDC . The stock finished the week down by 8.4% If you would

Looks like we will have to wait until next week to see what happens in the markets. No real change as Hamptons volume played out for a second day. The Dow was able to close up on slightly higher volume (a technical accumulation day) as the NASDAQ regained its leadership role against this index [On a side note, the DIA at support is an aggressive buy]. The NASDAQ 100 held 1,700 support for another day, gaining on higher (but well below average) volume; it too was a technical accumulation day, but I wouldn't bet the house on current buying lasting. The Russell 2000 was unable to break above former October support, spending the second day below new resistance. The S&P , NASDAQ 100 and semiconductor index lingered around support and were little changed on the day. Have a good weekend. Tech secondary indicators [ $NASI , $NAA50 and $BPCOMPQ ] remain bearish; confirmation coming on MACD trigger 'sells' in the respective indicators. Consequently, I have redrawn bearish

Today's selection covered the time period of 2:19-3:19pm. Light trading is reflected in the lower total number of stocks. Stocks closest to their the 20-day MA look best on a risk:reward basis (with the exception of URI ). Trade Ideas If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.

A poor week all round. The Trade Ideas picks took the biggest hit to date with a 2.62% loss on the week, this overshadowed its prior highest loss of 0.99% . Jim Cramer's picks did no better with a 2.59% loss on the week. Both sets of picks reported a meagre 25% profitable hits. My newsletter picks recorded the lowest loss at 0.57% . This was on a 50% profitability (or win percentage). Market ETFs were down by 0.93% with no ETF higher on the week. The biggest loser was JC's CNST ; down 17%. Biggest gainer was my newsletter pick, LVS ; up 7%. If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. If you would like to subscribe to my newsletter you can do so by ordering monthly, 6-month, or annual membership from the 'Quantity' box in the right-hand-margin. If you would like to see Jim's picks you can tune into his TV show, or get them from Madd Money or Mad Money Recap . SPONSORED BY:-

I have tried something a little different for my Trade Ideas scan. The table below reflects the frequency at which stocks appeared over the last hour of trading. The first list is sorted by time; i.e. BBC first appeared at 3:00pm ET, MICU appeared near the close of business. The second list is the same set of stocks sorted by frequency. The top-8 are represented in the chart summary below. Given the limp market, it looks a pretty solid set of stocks. For example: JOF , MANT and TRX have formed bullish hammers at 20-day MA support. VICR ended the day on a bullish engulfing pattern at $20 support. Top of the list SSD found support at $42 and the 20-day MA. AMSC bounced off the 50-day MA and closed above the 20-day MA. Enjoy. Trade Ideas If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.

Although pleased with my Monday's efforts, Tuesday provided a different kettle of fish - of my six newsletter picks, only one was up for the week; penny stock BWLRF posted a 9% gain. PRW was the biggest loser of all the picks, closing down 9.3% on the week. PRW was a stop hit for a 7.3% loss if using my recommended protections. The remaining five stocks are still in play as of today. Jim Cramer took Tuesday's title with an average return of 2.6%, helped in large part by the 23% return on VDSI . The 50% win percentage was not much to write home about, but was the highest win percentage from any of the selections (not one of the market ETFs was able to close higher on the week). The Trade-Ideas selection traded flat on the week. The 7.4% gain in DLIA did its bit to offset the five stocks which closed down on the week. In the Trade-Ideas scan defence; the biggest loser of the five was BKMU at 3.0%; compared to the 9.3% of VDSI (newsletter); or 5.4% from Jim Cramers' CYTC

A day for hiding under the covers, but the Trade-Ideas software still managed to come up with stocks which could beat the trend. One of the more frequent hits into the close was CACH . It is still range bound between $16.15 and $19, but if the break from the small bullish flag can push above $19, it might become one of the few stocks able to beat the trend. Cache, Inc. operates as a specialty retailer of social occasion sportswear and dresses for women. The company owns and operates two separate store concepts, Cache and Lillie Rubin. Its stores offer sportswear that encompass a range of chic tops, bottoms, and dresses; dresses ranging from special occasion long dresses to shorter lengths for cocktail, and day-into-evening wear; and accessories, including jewelry, belts, and handbags. Trade Ideas If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.

The last few week-on-week comparisons have excluded my own newsletter picks. This time, my newsletter picks made the perfect return with a 1.2% gain on a 83% win percentage. They were closely followed by the first 8 lightning round picks of Jim Cramer; a 0.8% gain on 63% profitability. The Trade Ideas scan had a rare down week, finishing almost a full percentage point down on a low 38% win percentage. The market ETFs were similarly weak. Best of the stocks was Jim Cramer's MRVL , gaining 6.9% on the week. Worst stock was my own ANX , losing 8.2% on the week. If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. If you would like to subscribe to my newsletter you can do so by ordering monthly, 6-month, or annual membership from the 'Quantity' box in the right-hand-margin. If you would like to see Jim's picks you can tune into his TV show, or get them from Madd Money or Mad Money Recap .

Working off a double bottom on modest volume (following last weeks "window" gap breakout on higher volume). Resistance at $35.75 still a concern, but with a MACD 'buy' trigger on increasing money flow there should be a strong challenge to break this level. Point-n-figure chart holds to an ambitious target of $81.50. I would look to the weekly triangle target of $42-43. MDU Resources Group, Inc., a diversified natural resources company, provides energy, natural resources products, and related services in the United States. It operates in seven segments: Electric, Natural Gas Distribution (NGD), Construction Services, Pipeline and Energy Services (PES), Natural Gas and Oil Production (NGOP), Construction Materials and Mining (CMM), and Independent Power Production (IPP). Trade Ideas If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.

Friday's action looked bad on paper if you are a bull. But the various bearish engulfing patterns on the charts occurred on low volume, making the damage look worse than it was. In addition, no key support levels were lost on the day. Still, markets are due a cool off period and now is a good as time as ever for one. Hardest hit was the S&P . This index lies closest to support derived from October and left behind new resistance at 1,310. The correction occurred at the same point of the MACD correction in its bearish divergence (a bearish confirmation signal). Monday will be a fun day for the index. The Russell 2000 was next up in terms of losses, with the 20-day MA (and October support) nearby to lend support. Friday's engulfment covered the previous three days of bullish action. No MACD "sell" signal yet, but there was in the CCI. Market leadership has switched from the Russell 2000 to the NASDAQ . The tech averages [ NASDAQ 100 and NASDAQ ] were hit by selli

Broad market selling has left few stocks in positions where they might climb higher. The current 8 stocks for review covered a timespan of 30 minutes. VMSI : Fast approaching 20-day MA could be the push needed to break the current 11-day consolidation. Stops on loss of $41. Projected target of $50. ORBK : Still caught inside a range between $23.15 and $25. Converging 50-day and 200-day MAs should provide some support. Key resistance lurks at $26. GASS : Illiquid stock shaping a small handle off $14.25 resistance. Support at $13.75 should be good enough, otherwise look to the 50-day MA at $12.85. Little historical data to go on otherwise. GFF : Another range bound stock. Support at the 200-day holding after an earlier "Death cross" with the 50-day MA. $25 is important resistance. Stops can go on a loss of $24. Expect momentum buyers to join the fray on a move to $28. WM : Also stuck in side a $41.50-$44.50 range. Yesterday's gap breakout is holding, so watch for $44.50 res

Broad market weakness has knocked another two positions out of the portfolio. Just two remain (with one destined to hit its stop price very soon). Tight stops helped minimize the losses. PR closed for a $185 loss on a 500 share lot, DXCM closed for a $370 lss on a 500 share lot. Time to head to the hills. Collective2

The current selection covered a 9 minute period of my scan. DLIA was the most regular, with 5 appearances in this period. Every other stock appeared only once. CHH : After weeks of tight trading, the stock is finally pushing away from the 50-day MA. Volume has dropped off intraday, so be wary of a throwback to $46. Resistance at $49 is logical short term target. Q : Stocks has congested into a narrow intraday range (looks to be a small pennant). Buy break of $7. Sell loss of $6.80. Flip stops other side. Look for a $1 move DLIA : Breaking from a small three-day consolidation. Not much historic data to go on. Resistance at $9.60 looks to be the only stumbling block. Money flow rising and a PPO trigger "buy" gives this strong merits. Stop on loss of $9.00. Projected target of $12. GNCMA : Marking another test of 50-day MA support? Steady uptrend in a relatively thinly traded stock. Watch for break of $12.50 as this will leave the stock at multi-year highs (even when the Y2K bu

The position was stopped out on a wave of early morning selling. Popped up on Briefing.com's InPlay feature as prices sank below its 50-day MA. The 300 share lot closed for a $462 loss. Two of the remaining 4 positions are underwater to a small degree - so much for the rally. Collective2

Data taken from the last minute of the trading day; all 8 stocks covered 1 minute of the Trade Ideas processing time. TOT : Rising from a reversal head-and-shoulder pattern (shoulders c$126, head at $123). Looks in good shape to test $139 resistance. Projected target of $152. Stops go on loss of $131. CFC : Decent break of $37 resistance. Larger resistance at $39. Projected target of $43. Stops can go on loss of most recent reaction low, or below a trendline drawn to connect reaction lows from February. This stock was featured in my Subscriber newsletter for April 3rd. APOG : Declining wedge which has yet to break resistance. Holding 50-day MA, but plenty of daily volatility. Cautious buyers should wait for solid volume break of $18.50. Weekly chart supports a decent uptrend with good support at the 40-week MA. Point-n-figure target of $24.50 looks reasonable. SHI : Found support at the 50-day MA, but this ADR has come off some heavier volume selling and looks to be mapping a relief b

Today's selection took less than 2 minutes for the software to pick up; solid action into the close of business. BOT : Found support at the 50-day MA. Current bounce should challenge $135 resistance. Looks to be shaping a handle as part of a 4-month cup-and-handle pattern. Pivot buy is $134.10. Projected target $185. REM : Hugging the 50-day MA (good place for stops). Huge volume breakout gap from January holding. Currently working a new challenge of $46 resistance. One of the better energy plays XLE : Energy ETF on the move once again. Support should be solid at $54 (place stops on a loss of this price, or the 50-day MA). Resistance at $58. Projected target of $66. FHN : After months of struggle around a converged 50-day and 200-day MA, the stock has managed to put some distance from $40 support (former resistance). Today's price move looks to be a break from a 2-week handle. Stops on a loss of $41, Projected target of $47. Point-n-figure chart holds to $53. DLIA : Relatively