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CAUTION - Earnings Season Begins Tooday, 1 Position

Apr. 11, 2011 8:32 AM ET
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Seeking Alpha Analyst Since 2010

Hello and welcome to Selective Chartists. I am Joe Majocha, full-time trader (NYSE, NASDAQ growth stocks) since 2000 and founder of SC(2004). SC offers stock analysis and trading considerations for hedge funds, financial analysts and self - directed traders. Our uniqueness is proprietary scans resulting in an exceptional record of winning trades. Through the day, scans produce a narrow list of candidates positioned for higher levels short-term. Subscribers are notified when price targets are triggered. All reports are available for public viewing by visiting our archive section. Whether you are a novice or seasoned trader, Selective Chartists can enhance your probability to make money and save hours of your time. Please take the time to navigate: www.selectivechartists.com. I am a speaker at educational forums, featured guest on national radio programs focusing on stock market activity and author of the instructional publication: The ART Of The CHART - A Guide To Knowing When and Why To Buy & Sell Stocks.Try our 30-day risk FREE trial and receive your complementary copy (Ebook).

04/11   8:30am

Of the 750 stocks monitored in the database, it is difficult to identify candidates meeting the criteria as recent gains have EXTENDED numerous leading stocks.  Anticipate near-term backing & filling.  Earnings season begins today and will most likely add to volatilityy over the next few weeks.

This morning, futures are pointing to a MIXED openning.

Candidates that emerge for consideration will be presented to you during the week.


Selective Chartists Positions (with BUY price):
Kunekt (OTC:KNKT) $1.99 (speculative long-term holding, does not meet criteria)


The few stocks that are close to / meeting the CRITERIA are posted on the StockCharts website for viewing (see URL below).
 

Closely Monitoring: 
Deckers (DECK)
JC Penny (JCP)
Amazon (AMZN)
Western Digital (WDC)
Wynn Resorts (WYNN)
Las Vegas Sands (LVS)
Freeport McMoran (FCX)
Speadtrum Comm. (SPRD)


ETFs:
NONE as most are EXTENDED

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

 

View CRITERIA:
 

http://www.selectivechartists.com/index.php?option=content&task=view&id=1843&Itemid=46

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