Fighting Headwinds
Well, my day
has been made. Jerri was just voted off “Survivor.” I don’t
think I am alone in saying she was like every ex-girlfriend I have ever had. Her
qualities — or lack of qualities — speak for themselves. (No offense to every other
ex-girlfriend.)
Oh, by the way! The markets still stink for the intermediate-term trader,
especially in growth stock land. The Nasdaq continues to deteriorate and now
Semiconductors look to have topped out. If Semis break down, things will only
get tougher for the Nasdaq. But there are a few breakouts to look
at. Now I do believe the market is still in a downtrend — so make sure you
understand you are fighting headwinds.
A Small Shopping List
(
CPN |
Quote |
Chart |
News |
PowerRating) breaks out on volume. Alternative energy still acting well.Â
Worried about a water shortage.
(
AWK |
Quote |
Chart |
News |
PowerRating) pops out on heavy volume.
Chocolate! I love chocolate, especially Hershey Bars.
(
HSY |
Quote |
Chart |
News |
PowerRating)
emerges out of a base.
Gotta throw out the garbage.
(
RSG |
Quote |
Chart |
News |
PowerRating) makes a powerful move.
Not much else out there. Techs still bleeding a slow death, especially the
biggies. Most other sectors in trouble. Stay patient and have a great weekend!