Scan Sentiment

Here is a brief market sentiment based off a scan. First we notice we are getting a wide range selection of stocks. Notice retail as several discount stores are doing well despite the bear market. It makes sense for more people to shop at WMT or TJX in a economic slow down. What I find interesting is the home builder that made the list.

RRC

RRC has been basing for about 22 weeks and is currently testing upper range. I call this phase the moment of truth. The bears and bulls will be rocking for position. Break out traders are on alert waiting to get long and short traders are getting nervous. This environment adds fuel to the fire. Back to the moment of truth, well bears task is simple bring it down and have everyone believe that resistance line will not be broke. The bulls simply need to scare more shorts. Then the longs pile on...

Bear Rally

This is my RSI dog list and these guys have been getting a pretty good beating. Well Notice the percent these dogs have bounced during this rally attempt. These were all added 8 days ago.

Oil Overview

Here is the brief write up...

http://www.chartwatchers.com/profiles/blogs/2132439:BlogPost:17550

Here is current list. Blue indicated day one. Orange ranked highest in database.

Current data as percent change since hitting screen

Here is current list of stocks hitting screen. Market remains in buy as per signal, we just follow the signals.

Screen Results

Here are the percentage increase or decrees from day stock hit screen.

Mid-week update

First graph shows time length and next one is gain/loss YTD. Current number 1 spot belongs to MYL for now.

03/05/2009

I don't have even 10 now