The indexes all had very decent days, considering the late afternoon decline that showed up. I have a lot of stocks pulling back finally, so we may be finally starting a pullback soon on the indexes. If we do not pullback that just tells me this market is so strong and this is what you see when everyone expects a pullback. The nature of everyone thinking it is time to rest makes the contrarian play of "markets keep making new highs" quite possible.
However, with taking small TINY profits today and cutting some laggards, I have still found some great individual charts out there.
I hope everyone had a great trading day.
Swing/position longs: DCAI--again, GEOI--again, still can buy a little here, lots of upside potential, HURC--breaking to new highs on strong volume, COH--breakout to new high on strong volume, DHC--again, breakout to new high although on low volume, ELOS--breakout on heavy volume to make new highs, fundamentals of this company is excellent, ADEX--extended after breakout, buy as close to pivot point as possible, if possible, KEYW--breakout to new 3 month high on strong volume.
Check back in the morning for more speculative plays.
Aloha
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