Daily picks, pans, and market notes from StockMarketCookBook.com:
Breaking Out to New Highs: ANAD, ASPS, ASYS, BAK, BBD, ENDP, EW, IHS, INFN, KMX, LLNW, NTWK, REDF, RHT
Breaking Out to New Highs on Lower Volume: COST, RAX, RDY, SBH
New Lows: ALJ, AMAG, BYD, CVVT, DVOX, GFRE, BXDX, IGT, PIKE, RRTS, VMC
Breaking Out: BBBY, ENMD, LFT, TESS, TJX, ZAGG
Breaking Down: EPR
Low-priced leaders: ACOM, ALSK, CALD, HS, IVN, KGN, SLW, SPRD, SWKS, THRX
Speculative leaders: AZO, BIDU, EDU, JOBS, NFLX, OPEN, VIT
Darlings of the Day (long pix): EPE, NEM, PGN
Hot!: Software & internet
On the move: Educational svcs
Heading down: REITs
Income Fund Highs: Multi-strategy (EKC, MRF, JPC, TSI), Preferred (JPS), Inflation-linked (WIW)
Country Highs: China (TDF), Emerging mkts (TEI)
Commodity Breakouts: Industrial mtls (JJM), Aluminum (JJU)
M&A: BXC takeover offer upped from $3.40 to $4
Market Notes: Profit-taking continues; rising VIX & SPX < 1130 are bearish; DTX still > 440 & tech leadership are bullish
Disclosure: No positions