Focus on Stocks Meeting CRITERIA
On Thursday, major indexes fell on Cypress crisis concerns. Volume was mixed. With many leading stocks extended, the market is very selective to find candidates meeting the criteria. Current holdings and new purchases should employ tight stops (3 - 5%). Indicators RSI & MACD appear to be weakening and need to be closely monitored.
This morning, futures are displaying a HIGHER opening
Climate is - UPTREND
(Top candidates poised for higher levels near-term).
In general, BUY within 5% of Pivot, stop-loss 7% below buy price
Earnings dates are provided as holding into the news may add high volatility.
Bank America (BAC Apr 17
Ryland (RYL) Apr 30
Lennar (LEN) June
Pulte (PHM) Apr 22
Toll (TOL) May 20
Visa (V) June
Dollar General (DG) Mar 25
Dollar Tree (DLTR) May 23
Las Vegas Sands (LVS) Apr 25