10/01 @ 8:30am
On Thursday, major indexes reversed to close lower and near session lows. The reversal on volume is a technical negative and near-term action needs to be monitored carefully.
This morning, futures are pointing to a 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): 2 (subscribers only)
Trina Solar (NYSE:TSL)
Family Dollar (NYSE:FDO)
Cmpanhia Siderugica (NYSE:SID)
Note: Further strength in these may prompt purhcases...
ETFs: XLI, XLY, XLV, IBB, SPY, IVV, IWM, SMH
View postings on StockCharts:
Disclosure: Long 2 positions (subscribers only)