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Hello and welcome to Selective Chartists. I am Joe Majocha, full-time trader since 2000 and founder of SC. SC is a provider of stock analysis for self directed traders. Our uniqueness is proprietary scans resulting in an exceptional record of winning trades. Through the day, scans produce a... More
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The ART Of The CHART - Knowing When and Why To Buy & Sell Stocks
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  • Focus On Stocks Meeting CRITERIA, 3 Positions

    Focus On Stocks Meeting CRITERIA, 3 Positions

    04/14 8:45am

    On Thursday, stocks staged a broad rally but volume was light. Economic news on Thu. was mixed. Initial jobless claims were disappointing and producer prices were mixed. Focus is on stocks holding ABOVE 50 & 200dMA (meeting CRITERIA). Although the rally was broad based, more improvement in the health of underlying indicators needs to materialize to boost confidence among technicians. HIGH CAUTION. opening.
    Buffalo Wild Wings (NASDAQ:BWLD) $93.50
    Tractor Supply (NASDAQ:TSC)) $95.27
    Las Vegas Sands (NYSE:LVS) $61.92
    Questcor Pharm (QCOR)
    Bed Bath Beyond (NASDAQ:BBBY)
    Baidu (BIDU
    Polaris (NYSE:PII)
    Wynn (NASDAQ:WYNN)
    American Intl (NYSE:AIG)
    Alexion (NASDAQ:ALXN)
    Ross Stores (NASDAQ:ROST)
    TIBCO Software (NASDAQ:TIBX)
    Aetna (NYSE:AET)
    Cigna (NYSE:CI)
    Chipolte Mexican (NYSE:CMG)
    Verisign (NASDAQ:VRSN)
    Stryker (NYSE:SYK)

    Climate is

    This morning, futures are pointing to a LOWER

    Selective Chartists Positions (with BUY price):

    Closely Monitoring:

    View the charts:
    http://stockcharts.com/public/1234064/tenpp

    Disclosure: I am long BWLD, TSCO, LVS.

    Apr 13 9:04 AM | Link | Comment!
  • CAUTION - Rally Occurs On Light Volume

    04/12 8:30am

    On Wednesday, stocks staged a snap-back rally but light volume disappointed technicians. After recent selling sessions, a bounce to the upside was widely anticipated. Although the rally was welcome, do not lose sight of the negative indicators underlying the market. Leading stocks are being pressured by the HIGH CAUTION climate. In addition to the negative biased indicators, earnings season is underway adding to volatility.

    Focus is on stocks holding ABOVE 50 & 200dMA (meeting CRITERIA).

    This morning, futures are pointing to a HIGHER opening.

    Selective Chartists Positions (with BUY price):
    Buffalo Wild Wings (NASDAQ:BWLD) $93.50

    Closely Monitoring:
    Questcor Pharm (QCOR)
    Bed Bath Beyond (NASDAQ:BBBY)
    Baidu (BIDU
    Polaris (NYSE:PII)
    Apple (NASDAQ:AAPL)
    Tractor Supply (NASDAQ:TSCO)
    Las Vegas Sands (NYSE:LVS)
    Wynn (NASDAQ:WYNN)
    American Intl (NYSE:AIG)
    Alexion (NASDAQ:ALXN)
    Ross Stores (NASDAQ:ROST)
    TIBCO Software (NASDAQ:TIBX)
    Aetna (NYSE:AET)
    Cigna (CIGN)

    View the charts:
    http://stockcharts.com/public/1234064/tenpp

    Disclosure: I am long BWLD.

    Apr 12 8:49 AM | Link | Comment!
  • VIEW Postings 04/11 - STRONGEST Stocks BIDU, BWLD, QCOR, TIBX & Major Indexes Signaling CAUTION

    04/11 2:10pm

    http://stockcharts.com/public/1234064/tenpp

    jm

    Apr 11 2:11 PM | Link | Comment!
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