Tuesday, July 25, 2006

Pre-open 07-25-06...

Good day yesterday, markets up, long-term portfolio up, and new ZHM trade up, although I did get on-board a little late. The question is will the markets continue tomorrow?

As for trade candidates, the script returned 119 charts of which I like 9. Most charts showed bullish engulfings, but many are already well above my CCI and slow stochastic thresholds. Check out the following and see if there are any good candidates.

Watch List: HW, AFFX, MSM, PTEN, APCC, CPB, MOLX, NSM, TYC

There are a couple good names, some speculative plays, and even a few defensive stocks in the mix. I have a half position available if the market is cooperating tomorrow.

'Til then,
Masterjaz out

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