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Hello and welcome to Selective Chartists. I am Joe Majocha, full-time trader (NYSE, NASDAQ growth stocks) since 2000 and founder of SC(2004). SC offers stock analysis and trading considerations for hedge funds, financial analysts and self - directed traders. Our uniqueness is proprietary scans... More
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Selective Chartists - Stock Analysis - Buy / Sell, When & Why
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Selective Chartists
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The ART Of The CHART - Knowing When and Why To Buy & Sell Stocks
  • Stocks Set To Pullback, 8 Positions 0 comments
    Aug 10, 2010 8:38 AM | about stocks: AAPL, BA, HON, KLAC, ANTM
    08/10   @ 8:30am

    On Monday, stocks rallied ahead of the Fed's policy decision today @ 2:15pm EST. Volume was light across the board. 

    Major indexes are ABOVE 50 & 200dMA crossover & displaying MIXED indicators. Monitor closely as weakness in the market could easily penetrate the crossover and ignite institutional selling.

    This morning, futures are pointing to a LOWER opening.

    Focus is on stocks meeting the CRITERIA & setting stop-loss limits / trailing stops as stocks rise in price. 

    Selective Chartists Positions (with BUY price):  8 (subscribers only)

    Closely Monitoring: 
    Apple (NASDAQ:AAPL)
    Boeing (NYSE:BA)
    Honeywell (NYSE:HON)
    KLA Tencor (NASDAQ:KLAC)
    Wellpoint (WLP)

    ETFs:  XLV, XLY

    View postings on StockCharts:

    Disclosure: Long: CLF, WLT, AMZN, SNDK, EMC
    Stocks: AAPL, BA, HON, KLAC, ANTM
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