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*** These days I post my charts/thoughts on http://www.stocktwits.com under the same user name BreakoutTrader *** "Charts are worth a million words." - Ralph Acampora "Having learned what folly I was capable of, I closed that particular incident." - Reminiscences of a Stock... More
  • Rating Cramer's Game Plan Stocks: Week of 1/9/2012 0 comments
    Jan 9, 2012 8:57 AM | about stocks: AA, REGN, CELG, LEN, M, TJX, ROST, DPZ, JPM
    Introduction

    Jim Cramer, the CNBC host of Mad Money show, publishes his
    game plan on each Friday for the following week in which he
    comments on the stocks he will be watching.

    In this series of "Rating Cramer's Game Plan Stocks" posts,
    I will comment on the stocks in Cramer's game plan in terms of
    the stock's strength relative to the market as represented by
    the S&P 500 index and the Dow Jones industry index the
    stock is in.

    These relative strength related comments are based on weekly
    charts and strength indicator I have developed for my
    own trading.

    Each chart for a stock includes three panes: the top pane shows
    the recent price action of the stock, the middle pane shows the
    strength of the stock compared to its sector, and the bottom
    pane shows the strength of the stock relative to the market
    index S&P 500.

    The price action pane for a stock usually will include white lines
    showing recent support and resistance as well as trends identified
    by Andrew's pitchfork technical indicator. Due to the nature
    of mass psychology and human behaviors, a stock's support
    and resistence is best viewed as an area, not just a single value
    or a line. Therefore, the white lines for support and resistance should
    be interpreted as an approximation for an area. The same can
    be said about the trend lines.

    Anyone who spends considerable amout of time pouring over the
    charts and trying to make some sense out of the price actions will
    appreciate the imprecise nature and the artistic apsect of technical
    analysis. Readers of this series of posts should therefore keep in
    mind that I may not have identified all possible trends and support
    and resistance areas. And sometimes for clarify reasons I may
    even omit some lines.

    A stock's strength is plotted as a solid while color line while the
    index is plotted as a solid cyan color line in the lower two panes.
    In the case when the two lines are very close due to small strength
    difference between the stocks and the indexes, dots will be used
    instead of the while lines. Green vertical bars in the relative strength
    panes show the weeks when the stock begin to outperform the
    index while red vertical bars mean underperforming the index.

    Review of Crammer's Game Plan Stocks For
    The week of 1/9/2012
    .

    Alcoa
    (AA)
    Dow Jones US Aluminum Index (DJUSAL): underperform
    the index since the week of 10/24/2011
    S&P 500 Index: underperform the index since the week of
    7/11/2011

    20120106_AA_Weekly



























    Regeneron
    (REGN)
    Dow Jones US Biotechnology Index (DJUSBT): outperform
    the index since the week of 1/2/2012
    S&P 500 Index: outperform the index since the week of
    1/2/2012

    20120106_REGN_Weekly


























    Celgene (CELG)

    Dow Jones US Biotechnology Index (DJUSBT): underperform
    the index since the week of 1/2/2012
    S&P 500 Index: underperform the index since the week of
    1/2/2012

    20120106_CELG_Weekly


























    Lennar (LEN)

    Dow Jones US Home Construction Index (DJUSHB): outperform
    the index since the week of 9/19/2011
    S&P 500 Index: outperform the index since the week of
    10/3/2011

    20120106_LEN_Weekly


























    Macy's (M)

    Dow Jones US Broadline Retailers Index (DJUSRB): outperform
    the index since the week of 10/10/2011
    S&P 500 Index: outperform the index since the week of
    9/5/2011

    20120106_M_Weeklly


























    TJX Companies (TJX)

    Dow Jones US Apparel Retailers Index (DJUSRA): outperform
    the index since the week of 11/14/2011
    S&P 500 Index: outperform the index since the week of
    6/13/2011

    20120106_TJX_Weekly


























    Ross Stores (ROST)

    Dow Jones US Apparel Retailers Index (DJUSRA): outperform
    the index since the week of 10/31/2011
    S&P 500 Index: outperform the index since the week of
    8/1/2011

    20120106_ROST_Weekly



























    Domino's (DPZ)

    Dow Jones US Restaurants And Bars Index (DJUSRU):
    underperform
    the index since the week of 1/2/2012
    S&P 500 Index: outperform the index since the week of
    2/21/2011

    20120106_DPZ_Weekly



























    JP Morgan's (JPM)

    Dow Jones US Banks Index (DJUSBK): outperform
    the index since the week of 12/26/2011.
    S&P 500 Index: outperform the index since the week of
    12/12/2011

    20120106_JPM_Weekly




























    Disclosure: I do not own any of the stocks in this article,
    and do not plan to initiate any positions in the next 72
    hours. I receive no compensation to write about any
    specific stock, sector, or theme.

























    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
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