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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
My blog:
Selective Chartists
My book:
The ART Of The CHART - Knowing When and Why To Buy & Sell Stocks
  • Focus On Stocks Emerging From Bases 0 comments
    Sep 29, 2010 8:34 AM | about stocks: NTES, SID, MOS, NOC, UTX, LEN, TOL, JWN, GES, ATHR, MCHP, NVLS-OLD, HPQ, XLNX, MGM, JCI

     


    09/29  @ 8:25am


    On Tuesday, major indexes rebounded to close higher after early losses driven by worse-than-expected sentiment and housing data. Volume rose across the board.

    Orderly pullbacks would be healthy for stocks so as to provide attractive entry points when candidates once again meet the criteria. Numerous stocks need to digest gains and rebuild momentum.

    This morning, futures are pointing to a modestly HIGHER opening for the major indexes.    

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


    Selective Chartists Positions (with BUY price):   None   100% CASH
       

    Closely Monitoring: 
    Netease (NASDAQ:NTES)
    Cmpanhia Siderugica (NYSE:SID)
    Mosaic (NYSE:MOS)
    Northrop (NYSE:NOC)
    United Tech (NYSE:UTX)
    Lennar (NYSE:LEN)
    Toll (NYSE:TOL)
    Nordstrom (NYSE:JWN)
    Guess (NYSE:GES)
    Atheros (NASDAQ:ATHR)
    Microchip (NASDAQ:MCHP)
    Novellus (NASDAQ:NVLS)
    Hewlett-Packard (NYSE:HPQ)
    Xilinx (NASDAQ:XLNX)

    Note: Further strength in these may prompt purhcases...


    ETFs:
      XLI, XLY, XLV, IBB, SPY, IVV, IWM, SMH


    View postings on StockCharts:
    http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1563855



    Disclosure: None: 100% CASH However, purchases may occur this morning....
    Stocks: NTES, SID, MOS, NOC, UTX, LEN, TOL, JWN, GES, ATHR, MCHP, NVLS-OLD, HPQ, XLNX, MGM, JCI
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