This is a decent, counter upside break, from what looked to be a sideways consolidation, as part of a bearish decline. The MACD "buy" confirmation lends weight to this play. Stops can go on a loss of the recent channel. Watch for resistance at the former support line (now resistance) and/or $28.15. A break of latter resistance would favor a measured move to around $38. The point-n-figure chart holds to a more ambitious $56. Take this one step at a time. 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.

It was an unfortunate return for my newsletter picks, but Jim Cramer's lightning round picks stole the show, taking Wednesday's laurels. My five picks logged an average loss of 2.89% per trade, hit hard by declines in HBX and COLY . For those following my suggested stop price system; the HBX trade is still in play, but the COLY trade closed for a 5.9% loss. It was a quiet week for the Trade Ideas selection, with a slight underperformance relative to the market. An 88% win percentage would have protected the majority from losses. But it was Jim Cramer's Mad Money lightning round picks which stole the show, with an average profit of 3.76% per trade. NBR helped bump the average in this regard, but HAL and ORA were not far behind. The biggest winner on the week was NBR from Jim Cramer. The biggest loser was my own HBX . 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

Interesting counter break from a sizable correction. Look for bounce to former trendline support and/or $24 resistance (whichever is lower). Run stops on a break of the most recent reaction lows. Syniverse Holdings, Inc. provides technology services to wireless telecommunications companies in the United States and internationally. Its integrated suite of services include technology interoperability services, which enable the invoicing and settlement of domestic and international wireless roaming telephone calls and wireless data events; SMS and MMS routing and translation services between carriers. 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 good day all round. After disappointing yesterday, the Trade-Ideas scan came up trumps. The average return per trade for my Trade-Ideas Base scan was a staggering 7.05%, with a net win percentage of 75%. Jim Cramer's selection also performed strongly; with an average return of 5.74% per trade, also on a 75% win percentage. There were no picks from newsletter to compare, but the market disappointed; down almost a 1% on the week, with no index closing at a profit. Best stock on the week was the Trade Ideas, INVX , up 22.7% over 5-days. Underperformer was also from the Trade Ideas scan, MEOH , closed down 2.32%. 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

Ben Bernanke swung his axe and the markets tumbled. Late afternoon trading was unable to hold early gains; especially in the NASDAQ and S&P . But some markets never got off the ground. The Dow was the big loser in this regard, but the semiconductor index was another index to suffer. The Russell 2000 clung to its leadership role. The bearish divergence in the MACD was breached in the latter index, but a similar divergence in the CCI of this index remained. Of the secondary tech indicators [ $NASI , $NAA50 and $BPCOMPQ ]; the $NAA50 switched back in favor of the bears, weakening the chance of a short term tech bounce. Also of concern was the ticking time bomb that is volatility . The index has likely found stronger support at 15, than it has resistance at 18 - this could see a sharp dose of fear over the coming weeks, which will pile on the misery for those who have bought into the market over the last couple of months. The NASDAQ maintained channel resistance

The week-on-week comparison performance winner for Monday was my newsletter stock picks ; an 83% win percentage with an average gain of 4.11%, compared to flat returns from the remaining three systems. Jim Cramer's lightning round stock picks had the smallest amount of deviation, with a 50:50 win percentage. The Trade Ideas scan had a rare poor week in terms of returns and deviation; my Base Scan did return a slight net profit, but the 25% win percentage was a disappointment. All three of the market ETF's closed down on the week. Best stock for the week was TFSM , a stock from my Free Breakout Selection , it closed up 8.93%. Worst stock for the week was KNDL , also from my Free Breakout Selection , it closed for a loss of 5.21%. 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

This was a late day Base Idea scan idea. The stock is showing a breakout from a channel with overhead resistance at $14.08. Iconix Brand Group, Inc. operates as a brand management company, which engages in licensing and marketing a portfolio of its own consumer brands worldwide. Iconix Brand Group offers licenses women’s footwear, apparel, and accessories under the name of Candie's; junior’s footwear, tops, handbags, outerwear, swimwear, jewelry, and children’s apparel under the name of Bongo; eveningwear, bridge apparel, fur, bridal, fragrance, handbags, eyewear, footwear, hats, and cold weather items under the name Badgley Mischka; apparel, apparel accessories, and home goods for men, women, and children under the name of Joe Boxer; and junior women’s sportswear, footwear, outerwear, intimate apparel, fragrance, eyewear, and handbags under the name of Rampage. In addition, the company, through its wholly owned subsidiary, Bright Star Footwear, Inc. arranges for the manufacture of