The following stocks are showing momentum based on RECENT tape.Please use close STOP to protect your capital..in case stocks go SOUTH.
JCG,FRE,MBI,FNM,CFC,ABK,DHI,PMI,VSL,NBIX,CTX,MTG,
LDK,PHM,VCLK,KOSS,RYL,CIT,DPTR,BZH........Friday's superstars which gained over 8%!!!!
POT,AGU,AAPL,RIMM,EWY,IFN,FSLR,STP,JASO,SPWR,
BIDU,MA,GOOG,ICE,CTRP,WFR,SNE,IIJI,SOHU,CMED,
AMZN,GRMN,VMW.
Please monitor YOUR stocks all the time.
BLOG does NOT give buy or sell.
Saleem
2 comments:
good morning Saleem, IH has not entered the position yet but they and I are looking at BG this coming week. I am going to give their alert from Thursday night and then IH take on the action on Friday for BG, so that all can see how they are thinking for entry. Please note that on Thursday night, IH was considering an entry @ $115.05 but on the Friday night report, they have changed it to $113.69. Full disclosure, I entered the stock @$111.04 yesterday, so I do hold a position now. Here is the analysis for BG:
Play Date: 11/29/2007
BG (Bunge Ltd.--$113.45; -2.85; optionable): Farm products (beans)
http://biz.yahoo.com/p/b/bg.html
EARNINGS: Announced 10-25-07
STATUS: Cup. A great leader in the prior rally, BG has put in some time and is ready to move higher. It jumped higher on its earnings in late October, but then faded in the market selling to start November. It held the 50 day EMA (105.84) to star the month and has moved laterally in a tight range along the 50 day for three weeks. Then Wednesday, voila; it jumped higher on the strongest trade in three weeks, clearing the highs of the lateral move. Thursday it tested, tapping at the 10 day EMA (110.31) on the low and rebounding to recoup a chunk of losses. Looking for a continued move higher after this day of rest. Want to see strong trade as it resumes, but it is likely to rally right back quickly and thus we will at least take a partial position as it makes that move.
Volume: 1.565M Avg Volume: 1.238M
BUY POINT: $115.05 Volume=1.6M Target=$129.95 Stop=$113.22
POSITION: BG AC - Jan. $115c (51 delta) &/or Stock
BG 11/29 Cup 112.34 -1.11 113.69 129.95 1.2M 1.6M 109.66
Buy Not Hit. Looking pretty good after this test of the Wednesday move as BG held support near 112, tapping the 10 day EMA intraday Friday. With downside volume fading BG looks good to resume the move higher soon.
Hi Doug,
Thanks for your post on BG...it is a good stock....that is why I am staying with AGU....which is also ready to challenge 52 week high....
AGU had a very strong close.POT was flying also.
Saleem
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