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Stocks Set To Open HIGHER, 2 Positions


03/03  8:25am

On Wednesday, stocks recouped a small portion of Tuesday's losses.  Volume was lower on both exchanges.  A positive note is that major indexes held above 50dMA.  Stocks held their ground despite oil closing above $100 a barrel for first time since Sept. '08. However, a rally on low volume initiates concerns for sustainability. 

This morning, futures are pointing to a HIGHER opening.

Focus is on stocks close to / meeting the CRITERIA. Stocks finding support at 50dMA may become the leaders when market strengthens.


Selective Chartists Positions (with BUY price):  2 Positions (subscribers only)


Closely Monitoring: 
Companhia de Bebidas (ABV)
Xilinx (NASDAQ:XLNX)
Lam Research (NASDAQ:LRCX)
VeriFone (NYSE:PAY)
Nike (NYSE:NKE)
3M (NYSE:MMM)
Altera (NASDAQ:ALTR)
Potash (POT)
Agrium (AGU)
Mosaic (NYSE:MOS)
Apple (NASDAQ:AAPL)
Citrix (NASDAQ:CTXS)
Aceme Packet (NASDAQ:APKT)
Riverbed (NASDAQ:RVBD)
Skyworks (NASDAQ:SWKS)
Peabody Energy (NYSE:BTU)


View the charts:
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1563855