Volatile day! Market made a big reversal in the last hour. Nasdaq and transportation closed above April's high. XLF finally broke out with 2 x last 5 day's average volume. It looks like financial stocks want to go higher. Republicans take over congress may jeopardize FinReg.
RLD up 21% is the big winner today. This stock has been up 35% since I recommended it last Thursday. It's time to take some profits.
FFIV and HSFT finished consolidation and broke out again.
S&P swing trade strategies
1. Swing trade for DUMMIES - buy signal triggered on 10-5-10
2. Guerrilla trend channel - buy signal triggered on 10-5-10
Russell swing trade strategy
1. Guerrilla trend channel - buy signal triggered on 10-5-10
Breakout stock list **** ( ) -- fake breakout ****
10-13-10: veco, (algn), csx, (htht)
10-14-10: mbi, hsft, svm
10-20-10: gs
10-21-10: cyd, gra
10-25-10: athr, azo, llnw
10-26-10: avgo, bidu, coh, cvlt, disca, idcc, igte, infa, ksu, mos, msm, nflx, pcln, sprd, vrtx
10-27-10: mcp, ffiv, bma, netl, swks, (anad), ilmn, sprt
10-28-10: orly, gpro, hrc, rld |