On Tuesday, weak global economic data and renewed worries about a Greek debt default sparked biggest losses iin 2012. Volume rose across the board. The slide on Tue., has elevated technicians concerns that the broad based sell-off accompanied by high volume may be the start of something more. Cimate is HIGH CAUTION. The Jobs Report will be released on Fri., 8:30am EST and may be crucial for the market's direction near-term.
This morning, futures are pointing to a HIGER opening.
Focus is on stocks holding ABOVE 50 & 200dMA (meeting CRITERIA).
Questor Pharm (QCOR) $39.02 (Buy #1)
Questor Pharm (QCOR) $38.92 (Buy #2)
Questor Pharm (QCOR) $39.78 (Buy #3)
Dollar Tree (NASDAQ:DLTR)
Monster Bev. (NASDAQ:MNST)
O'Reilly Autom (NASDAQ:ORLY)
Ross Stores (NASDAQ:ROST)
View the charts:
Disclosure: I am long JAZZ, QCOR.