11/05 @ 8:35am
On Thursday, stocks rallied strongly accompanied by surging volume - a confirmation of institutional sponsorship& a BULLISH climate.
This morning, futures are pointing to a modestly HIGHER opening. The Jobs Report released @ 8:30am (EST) was favorable & may be a catalyst for gains today (&near-term).
Focus is on stocks meeting the CRITERIA & setting stop-loss limits / trailing stops as stocks rise in price.
Selective Chartists Positions (with BUY price): 5 (subscribers only)
China Mobil (NYSE:CHL)
Opent Table (NASDAQ:OPEN)
Fifth Third Bancorp (NASDAQ:FITB)
Archh Coal (ACI)
Mobil Telesys (NYSE:MBT)
Bed Bath & Beyond (NASDAQ:BBBY)
Home Depot (NYSE:HD)
Toll Brothers (NYSE:TOL)
ETFs: XLI, XLV, IWM, XLF, XHB
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Disclosure: Long 5 positions (subscribers only)