01/28 8:35am
On Thursday, stocks resumed the advance. Recent pullbacks have been shallow suggesting higher levels still lie ahead.
Numerous recent leading stocks appear extended. However, new candidates close to / meeting the CRITERIA are becoming present.
This morning, futures are pointing to a HIGHER opening.
Focus is on stocks close to / meeting the CRITERIA:
Selective Chartists Positions (with BUY price): 3 (subscribers only)
Closely Monitoring:
Potash (POT)
Caterpillar (CAT)
Skyworks (SWKS)
Verizon (VZ)
Ace Ltd.) (ACE)
Chubb (CB)
Aflac (AFL)
BB&T (BBT)
Lam Research (LRCX)
Baidu (BIDU)
Apple (AAPL)
JC Penney (JCP)
Travelers (TRV)
Ebay (EBAY)
Broadcom (BRCM)
Mosaic (MOS)
Lowes (LOW)
Peabody Energy (BTU)
Walter (WLT)
USG (USG)
Cameron (CAM)
ETFs: IWM, QQQQ, XLI, XLY, XLB, SPY, IVV, IWM, XLF
View the charts:
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1563855