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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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  • Futures Pointing To HIGHER Opening, 0 Positioons
    Futures Pointing To HIGHER Opening, 0 Positions

    03/26 8:30am

    The TREND remains UP. Pullbacks on light volume would be healthy to digest gains & rebuild momentum.

    This morning, futures are pointing to a HIGHER opening.

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

    Selective Chartists Positions (with BUY price):

    NONE. Last week, sold all positions locking profits & raise $ for candidates that devlop for buy considerations.

    Closely Monitoring:
    Polaris (NYSE:PII)

    Alexion (NASDAQ:ALXN)

    Lululemon (NASDAQ:LULU)

    Baidu (NASDAQ:BIDU)

    PNC Financiall (NYSE:PNC)

    Amazon (NASDAQ:AMZN)

    Ulta Salon (NASDAQ:ULTA)

    Red Hat (NYSE:RHT)

    Analog Devices (NASDAQ:ADI)

    Broadcom (NASDAQ:BRCM)

    Texas Instr. (NASDAQ:TXN)

    Tiffany (NYSE:TIF)

    Continental Resources (NYSE:CLR)

    Agriium (NYSE:AGU)

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

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

    Mar 26 8:47 AM | Link | Comment!
  • Anticipate Pullback, 6 Positions
    Pullback Anticipated, 6 Positions

    03/23 9:00am

    On Thursday, major indexes lost ground on mixed volume. China / Europe contract manufacturing concerns weighed on the market. As stated in previous memos, RSI for the indexes is EXTENDED. The TREND remains UP. Pullbacks on light volume would be healthy to digest gains & rebuild momentum.

    This morning, futures are pointing to a modestly LOWER opening.

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

    Selective Chartists Positions (with BUY price):
    Monster Bev. (NASDAQ:MNST) $59.17
    Lululemon (NASDAQ:LULU) $74.20
    Las Vegas Sands (NYSE:LVS) $59.64
    Agrium (NYSE:AGU) $89.00

    Alexion (NYSE:ALEX) $91.30 (Buy #1)
    Alexion (ALEX) $92.76 (Buy #2)

    Closely Monitoring:
    Ulta (NASDAQ:ULTA)
    Dollar General (NYSE:DG)
    SolarWinds (NYSE:SWI)
    Red Hat (NYSE:RHT)
    Baidu (NASDAQ:BIDU)
    Analog Devices (NASDAQ:ADI)
    Broadcom (NASDAQ:BRCM)
    KLA-Tencor (NASDAQ:KLAC)
    Taiwan Semi (NYSE:TSM)
    Texas Instr. (NASDAQ:TXN)
    Wynn (NASDAQ:WYNN)
    Tiffany (NYSE:TIF)

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

    Disclosure: I am long MNST, LULU, LVS, AGU, ALXN.

    Mar 23 9:00 AM | Link | Comment!
  • Stocks Need Pullback, 6 Positions
    Stocks Need Pullback, 6 Positions

    03/22 8:30am

    On Wednesday, a weak close prompted losses for most indexes. Volume rose across the boad. Numerous leading stocks are displaying RSI 70+ (above 70 is extended). However, a list of new candidates are now in basing channels and should be strong candidates when the market stages a rally. Internal indicators remain positive. The TREND remains UP. Pullbacks on light volume would be healthy to digest gains & rebuild momentum.

    This morning, futures are pointing to a modestly LOWER opening.

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

    Selective Chartists Positions (with BUY price):
    Monster Bev. (NASDAQ:MNST) $59.17
    Lululemon (NASDAQ:LULU) $74.20
    Las Vegas Sands (NYSE:LVS) $59.64
    Agrium (NYSE:AGU) $89.00

    Alexion (NYSE:ALEX) $91.30 (Buy #1)
    Alexion (ALEX) $92.76 (Buy #2)

    Closely Monitoring:
    SolarWinds (NYSE:SWI)
    Red Hat (NYSE:RHT)
    Baidu (NASDAQ:BIDU)
    Analog Devices (NASDAQ:ADI)
    Broadcom (NASDAQ:BRCM)
    KLA-Tencor (NASDAQ:KLAC)
    Taiwan Semi (NYSE:TSM)
    Texas Instr. (NASDAQ:TXN)
    Rackspace (NYSE:RAX)
    Devon Energy (NYSE:DVN)
    Wynn (NASDAQ:WYNN)
    Tiffany (NYSE:TIF)

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

    Disclosure: I am long MNST, LULU, LVS, AGU, ALXN.

    Mar 22 8:36 AM | Link | Comment!
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