Tuesday, May 15, 2012

Pockets of Strength

With the market appearing to be breaking down it's been easy to lose focus on the positive and constructive action over the past few months that resulted from the long range --namely setups.  While much has been weakened there are pockets of strength that are beginning to emerge.  The following is a list of stocks that have made a 25%+ increase from their low over the past 3 months and traded at least $1M in dollar volume today.

52 Pick-Up
AEO
AMZN
AOL
CHSI
EQIX
EXPE
GNC
GPS
LEN
LNKD
MNST
RYL
SWI
TRIP
VSI

From this list some themes begin to emerge and while not all of these will hold up necessarily, it's important to begin building watch list and being prepared for when things finally shake out and the next leg of the journey commences. 

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