CAUTION - Few Stocks Meeting Criteria
Seeking Alpha Analyst Since 2010
On Wednesday, stocks closed fractionally higher on light volume.
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 is adding to volatility.
This morning, futures are pointing to a Lower opening.
Candidates that emerge for consideration will be presented to you during the week.
Selective Chartists Positions (with BUY price):
The few stocks that are close to / meeting the CRITERIA are posted on the StockCharts website for viewing (see URL below).
Aruba Networks (ARUN)
JC Penny (JCP)
Wynn Resorts (WYNN)
Las Vegas Sands (LVS)
Speadtrum Comm. (SPRD)
NONE as most are EXTENDED
View the charts:
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