Assuming I'm able to get out of RWM this morning at yesterday's close, this most recent market downtrend will yield less than a percent. That usually means the downtrend hasn't been a deep enough correction, and I think this current uptrend will be short lived. Hoping I'm totally wrong but we'll have to see.
Looking over my screens of recent MACD crossovers, I am keeping my eyes on these two but neither are buys for me at this point:
Take a look at IWN:
Three MACD crosses that are interesting if they follow through. SPPI is close to its earnings date of 3/1/2012.
It's been a while since I've been able to write much about stocks. According to the Investors Business Daily, we've been in a rally since Christmas. I was a bit late to the party, not jumping in until mid January, but times are still pretty good. I've been sort of distracted with personal stuff and haven't done much posting, but here's what I'm into so far:
According to Investors Business Daily, we're in a confirmed uptrend, and have been for the past couple of sessions. I'm not totally convinced, as volume hasn't been present since the follow through (although some stocks have progressed upward). Some I'm keeping an eye on:
I was feeling too worn out yesterday to post about stocks of interest after the trading day 8/29/2011 (Monday) but I'm including them in this post as a matter of record. So these comments/thoughts are after the market close 8/29 without consideration of today's (8/30) market. The green arrows indicate yesterday's (8/29) date:
According to Investors Business Daily, we're back in a confirmed uptrend, but I'm not all that certain. But I'm still keeping track of hopeful stocks if the uptrend holds: