Stock Watch 4.28.11 “3.3%”
That’s what the Fed anticipated our growth would be this year. Companies are continually beating estimates quarter by quarter and unemployment is at 2 year lows.The recession is over! Somehow I don’t think the common business man feels as chipper as the Fed. Ask them. Anyway, this should fuel more market rallies and little micros should continue to astonish us. Going in Thursday I want to stay on top of the leaders such as SIFY REDF GLUULOCM and COOL.Still too many hot stock already featured to go digging around for new ones. In addition there should be a few more newbies that show up tomorrow.
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Shots GENE LEXG
NVTL
NVTL was beaten up pretty bad recently but the last 3 days have set a nice breakout pattern. This could easily fill the gap to 6.50. I don’t think this stock has $7 in it
AAU
It’s there and It’s ready. The 5.26 level is a big breakout zone. AAU tends to trade sloppy so it could easily gap down tomorrow. Keep an eye on a.m. action.
AEZS
I bought this a few days back but now I’m switching sides. I think a pull back is coming soon. The RSI is only in the 80’s so it could still run another day or two.A two way player.
GENE
This thing gave up a ton of it’s gains after the morning run up. Even though it gave up a ton it still closed up 72%! The data was positive but I don’t think that it’s that positive. If it bounces I will look to short
LEXG
We all know the deal here. I’ve been scalping this long for days and it’s executed shorts. Now the RSI is at 96 I cant see that holding. Also, this stock is a halt candidate and a total pump job.
