Another stellar day on the markets! Stocks are breaking out everywhere that its making my head hurt analyzing so many great charts. I have around 10-15 stocks on my immediate buy watchlist. ARM, BGP, CWTR, FACT, KDE, LINTA, LTXC are a few names to watch, which are breaking from good patterns or pulling back and bouncing off their upward trendlines. I'm more bullish on Nasdaq and TSX stocks as they look to have broken above some resistance and are now trading above the important 200 day MA.US$ continues to weaken and that will drive commodities higher!!
MTD gains for May +13%
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