The market looked strong today, with the indexes closing higher on heavier volume. Today counted as a follow-through day using IBD rules, which means we are now in a confirmed rally.
There were two triggers from the Watchlist this week. Let’s look at those:
Here’s a pick from earlier this month that triggered on 01/05/09.
As I said […]
The market fought back against bad early action on Thursday and Friday, just like last week. That’s one of the few positives in this very negative market. The indexes are consolidating here, while volatility is returning. We could see some larger swings this week.
Meanwhile, there was one pick that triggered from last weeks picks that […]
A nice snapback from yesterdays market action. It could lead to some more movement higher, but I am only looking for a short-term move higher, which means trades I am looking are for just one day or two.
Here are the stocks I am watching for a move higher. Like Monday, todays post will be short. […]
