Still a victory...
Thursday, April 12, 2007 at 08:26PM Even though the score is not showing up on our watchlist, you just couldn't help feeling that the positive vibe from the overall market will eventually spill over to your stocks, at some point. So maybe not today! There's still tomorrow and whole earning season ahead of us. The strength among the DJIM stock is fairly narrow today with a few outstanding ones. Lets get to them now...
JSDA, IBD writeup + 1234 set, 9ema + NCH.... oh my this just sounds so corny. lol Well, many of the stocks we come to known in the past often felt that way too. With corniness comes famaliarity, and that's a good thing to us traders. We liked this setup alot and added throughout the day, and closing is nothing short of spectacular. Let's just keep our fingers crossed for some good action tomorrow and beyond. THE AH action has continued to over 26.
TNH, we told you this a volatile one. Today it was almost 6% volatile ' UP' and a NCH off the 9ema it has held the previous days. As a trader you have to love stocks that give you 4-5pts in a day and that is why we have this one up on our play list.
SILC, this one caught our attention late as it bounced off 9 ema earlier and raced toward a new high. We added a little toward the end and are looking for follow through tomorrow. As long as SILC keeps getting design wins this one will keep getting some attention.
AMAG, action was not overwhelming premarket and we started to see some sell on the news. We bought some back near the close as it held 70 today quite well. Jefferies came out with a $99 to go with DeutBanks $100 price target. We'll see what tomorrow brings before taking more action. Considering there was only a $2.95 spread on 1.8mln shares for a small float stock...this could coil up for a nice pop.