Market Sector Analysis

 

RETAIL

MEDICAL – HealthCare?

MEDIA

INSURANCE

FOOD/BEV

AEROSPACE

UTILITY

TELECOM

SOFTWARE

OFFICE

METALS

MACHINE

…

Market Trends

Market is still in a correction

The major indexes have been up a little

/ES (S&P mini) might be at a rebound point

If the channel above means anything then we might be bouncing soon.

 

Sector Analysis

The ‘least’ bad is Healthcare.  Surprisingly it looks like Tech is one of the worst performing of the bunch.  The further out one looks the worse it gets – it is down there with Financials…

Not sure which of these paints the most accurate picture – for the long-term the 1 year performance or the year-to-date performance seem to make sense but they give different answers to the question.

 

IBD Industry analysis:

Medical/Healthcare is at the top of this list also

 

Weekly stock bubbles (thank you finviz.com)

Stocks just out of Bases

Ancestry.com ACOM

 

Buy list?–Top 50 under $50

Current market: DOWN

 

TTMI - T T M Tech

Had a nice channel going until a few days ago

– may be a better SHORT

 

SSW - Seaspan Corp

 

MNTA - Momenta Pharma

 

SPRD - Spreadtrum Comm

 

AH - Accretive Health Inc

This one may be over the cliff too far…

 

ARMH - A R M Holdings

That doesn’t bode well…

 

SMTC - Semtech Corporation

NO DEBT, earnings rising, looks like a good one!

Maybe should have waited for the 50SMA but it should still catch hold eventually – will add to LONG list

TIBX - Tibco Software

I have liked Tibco for a long time – maybe it’s because I am a systems integrator and know the value of this software ilk…

EZPW – Ezcorp

REVERSAL PATTERN – but which way? Judging from the volume I would guess down but will research more… Head and Shoulders pattern?  3 bases pattern?

ABV - Comp De Bebidas

CUP WITH HANDLE???

Great fundamentals too - THIS may be a BUY!  Need to figure out a buy price…

 

ORCL - Oracle Corp

Slow and steady grower…

RVBD - Riverbed Tech

ACOM - Ancestry.com

Good growth but the P/E is super high – another dot com???

there are more but this is a good list to start

IBD Stocks I’m watching

International Stocks:

Top 50:

A sea of RED

Looks like a downward day for the S&P today

Euro strengthening sending the USD down further

LinkedIn is looking like a sell (still) @ 89 – short selling starts tomorrow

RIMM up a little

GMCR (Green Mountain) being added to Nasdaq this week may help it a little

 

ElPaso looking good still on weekly

Monthly