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Futures Display Lower Opening

Recent sessions have posted gains for major indexes. However, technical indicators are showing signs that pullbacks may occur near-term. Only a few stocks are close / meeting the criteria. It is very selective in finding candidiates for purchase considerations. Current holdings and new purchases should apply tight stop loss limits (3 - 5%) to protect from wide swings that could develop when the market begins to pullback. Pullbacks would be healthy to digest recent gains & rebuild momentum.

Focus on stocks meeting CRITERIA.

This morning, futures are displaying a LOWER opening.

Climate is
- UPTREND 

CRITERIA:
http://www.selectivechartists.com/analysis/stock-report/selective-chartists-criteria

(Top candidates poised for higher levels near-term).
In general, BUY within 5% of Pivot, stop-loss 7% below buy price

Michael Kors (KORS)
Costco (COST)
Anheuser (BUD)
Ross Stores (ROST)
American Intl (AIG)
Deckers (DECK)

View Charts:
http://stockcharts.com/public/1234064



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