Focus On Stocks Meeting CRITERIA
Major indexes continune to gain ground above 5 year highs. Each test of 20dMA has been successfull. The TREND is your FRIEND, Don't Fight The Tape...... Focus on stocks meeting CRITERIA.
This morning, futures are displaying a modestly 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
Home Depot (HD)
Taiwan Semi (TSM)
Michael Kors (KORS)
3D Systems (DDD)
Bank America (BAC)
American Exp. (AXP)
Under Armour (UA)
Analog Devices (ADI)