On Thursday, stocks posted gains on optimism Greek debt issue may be close to resolution. Volume was mixed. Although major indexes closed higher, few leadership stocks attracted volume. Ideally, we want to see higher volume on rallies and low volume on declines. The Jobs Report released this morning was in-line with analysts expectations.
This morning, futures are pointing to a modestly HIGHER 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)
Sally Beauty (NYSE:SBH)
View the charts:
Disclosure: I am long JAZZ, QCOR.