This 10-minute sample pick from the Trade-Ideas software using my Pending-Base-Breakout parameters picked out the following selection of stocks For the record, my PMACA play stopped out for a loss of 3% at $9.18 earlier this morning. DHR: I like the look of the small handle the stock is shaping. Stops go on a loss of $54.50. The stock has enjoyed a mild bullish run from the start of 2004 and looks well positioned to move further. Danaher Corporation engages in the design, manufacture, and marketing of industrial and consumer products. It operates in three segments: Professional Instrumentation, Industrial Technologies, and Tools and Components. APH: Recently broke above its 200-day MA and is holding the line. A move above $43 should see this quickly test $46 highs. Strong, positive money flow. LPX: Gapped up in mid-November and is trading inside a small handle. Pivot buy at $27.60, currently trading at $26.99. Has remained range bound between $21 and $28 for almost two years. BFIN: Th

My base scan from the Trade-Ideas software picked up the following list of stocks in the space of 10-minutes: CLP, WRNC, HTLD, KSWS, ALL, CRE, DRE, CUK. CLP has merits as long as it can hold above $44. I had featured this stock to subscribers for October 10th [subscription needed to view link] when it closed at $42.08, but it had dipped to lows of $39.50 before it started its current rally. It was good to see it pop-up on the Trade-Ideas scan. WRNC - large black candlestick dominates, but a move above $24.60 should be enough to drive this beyond $26.00 with no overhead resistance. Keep an eye on this. HTLD - lovely retest and confirmation of $20.75 support. The last 10 minutes has put this back in the green for the day, should stay strong into the close. KSWS - back above its 200-day MA on improving money flow. The current correction looks very similar to the one in 2004. Pivot buy at $33.25. ALL - small handle taking shape. The earlier 'death-cross' remains in effect so if bu

My 60-day Trade-Idea highs scan from the afternoon of November 16th turned up 11 stocks. How did these stocks do? Based on the closing price from November 16th and Monday's closing price, 82% closed in positive territory. However, this return needs to be considered within the context of gains in all market indices over this period (i.e. vs 100% market profitability). The average maximum gain in these stocks exceeded the maximum gain in the markets by 31% - assuming an exit at the highs, sans commission or slippage factors.

A nice bevvy of stocks from the Trade-Ideas base scan. Keep these on the watch list as markets shape their pullback. Of the bunch I like PMACA (enough for me to add it to my ROTH-IRA at $9.47, running a stop on the break of the 20-day MA). The stock had featured in my free Breakout section for November 7th . PMA Capital Corporation, an insurance holding company, provides specialty risk management products and services in the eastern part of the United States. It offers workers’ compensation, integrated disability, and other commercial property and casualty lines of insurance products, including commercial automobile and multiperil coverages, general liability, and related services. The company also offers rent-a-captive products for insureds and associations. In addition, it engages in analyzing and investigating reported claims, establishing individual claim reserves, paying claims, and monitoring the progress and outcome of the excess and surplus lines claims. PMA Capital distributes

There was not too much we could take from the last two days of market action. A big sell off was unlikely during the holiday period (barring a major world event) so the coming Monday/Tuesday's action should set a course for the markets into Christmas. Markets are in need of a pullback and their respective 20-day MAs looks the most logical place for support. It remains a traders market - buying-to-hold at these levels remains a risky venture. Commodity-based stocks (energy and precious metals) will likely provide the best long term (investment) opportunities, although commodity prices, like general equity markets, are close to completing a 4-year bullish cycle. Whether markets enter the next 4-year bearish cycle with a strong downtrend, or (more likely) further sideways action with a bearish bias will depend on the future health of the global economy. At least for now there is no immediate reason to sell; technicals as measured by the MACD, on-balance-volume, ADX, and slow stochasti

Drew this stock from the following parameters; Worthington Industries, Inc. operates as a diversified metal processing company focusing on steel processing and manufactured metal products primarily in the United States. The company operates in three segments: Processed Steel Products, Metal Framing, and Pressure Cylinders. If you would like to try the software yourself, follow this link for a free 7-day trial. The company sports a 3.2% dividend yield to boot

Break of near term resistance ($35.00) building to a more substantial test of $36.25. Part of my 60-day highs in top 15% yearly range on 200% volume scan. Coach, Inc. engages in the design, production, and marketing of fine accessories worldwide. Its products include handbags; women’s accessories, such as wallets, wristlets, cosmetic cases, key fobs, and belts; and men’s accessories, such as belts, wallets, and other small leather goods; and business cases, such as computer bags and messenger-style bags, as well as men’s and women’s totes; outerwear, gloves, hats, and scarves; and weekend and travel accessories, such as cabin bags, duffels, suitcases, garment bags, and a collection of travel accessories. The company also offers watches, footwear, eyewear and sun glasses, and office furniture under Coach brand name. Its products are sold through direct-to-consumer channels, including company-operated retail and factory stores, online store, and catalogs, as well as through indirect chan