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Stocks Continue Gains, 7 Positions

|Includes: Apple Inc. (AAPL), AMZN, ANTM, BA, BMY, CLF, DVMT, GOOG, HON, KLAC, MOS, WDC, WLT
08/05   @ 8:30am

On Wednesday, stocks gained ground fueled by positive economic data and earnings reports. Volume was mixed.

On Friday, the Jobs Report will be provided (8:30am EST) and will most likely influence near-term market direction. Anticipate sluggish see-saw movements prior to the report.

Major indexes are ABOVE 50 & 200dMA crossover and displaying positive indicators. 

Focus is on stocks meeting the CRITERIA & setting stop-loss limits / trailing stops as stocks rise in price. 


Selective Chartists Positions (with BUY price):  7
Cliffs Natural (NYSE:CLF) $58.46 (Buy #1)
Cliffs Natural (CLF) $60.64 (Buy #2)
Walter Ind. (NYSE:WLT) $75.40
Amazon (NASDAQ:AMZN) $126.45 (Buy #1)
Amazon (AMZN) $127.66 (Buy #2)
SanDisk (SNDK) $45.93
EMC (EMC) $20.97


Closely Monitoring: 
Apple (NASDAQ:AAPL)
Boeing (NYSE:BA)
Honeywell (NYSE:HON)
Mosaic (NYSE:MOS)
KLA Tencor (NASDAQ:KLAC)
Wellpoint (WLP)
Bristol Myers (NYSE:BMY)
Google (NASDAQ:GOOG)


ETFs:  XLE, IWM, XLV 

View postings on StockCharts:
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1563855



Disclosure: Long: CLF, AMZN, WLT, SNDK, EMC