BUY PCX $14.79
BUY HNBC $6.52
BUY IMAX $12.84
BUY AKS $21.69
Focus here on Nasdaq stocks as it appears to be the strongest index breaking out!! I am also focusing on small cap stocks as this is the time of year they tend to perform well. Take a look at the QQQQ for the Nasdaq chart and also the RUT for small cap names.
S&P and DOW continue to trade in a neutral range, although the S&P looks like it just wants to bust out really bad. TSX is still in the ascending triangle and I'm slightly neutral/bullish on this for now, although I don't see much upside left here as resistance is pretty close above.
This is a stock pickers market and you can't just pick any stock now and have it perform the same as the market has since the March lows. We have stalled at these levels and the trading is really choppy but money can still be made with individual stock picking.
BUY HNBC $6.52
BUY IMAX $12.84
BUY AKS $21.69
Focus here on Nasdaq stocks as it appears to be the strongest index breaking out!! I am also focusing on small cap stocks as this is the time of year they tend to perform well. Take a look at the QQQQ for the Nasdaq chart and also the RUT for small cap names.
S&P and DOW continue to trade in a neutral range, although the S&P looks like it just wants to bust out really bad. TSX is still in the ascending triangle and I'm slightly neutral/bullish on this for now, although I don't see much upside left here as resistance is pretty close above.
This is a stock pickers market and you can't just pick any stock now and have it perform the same as the market has since the March lows. We have stalled at these levels and the trading is really choppy but money can still be made with individual stock picking.
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