The market rally continues, with many stocks breaking out.  There were 229 new 52 week highs in my universe of 4,000 stocks on Monday.  The following stocks at new highs were near multi-year highs and had triple digit earnings increases in their most recent quarter: SAN,  CTXS,  PPO, CMI, OPEN, HWK, BIDU, ALK.  I own [...]

I am writing this post primarily to teach my students how I search for potential rocket stocks–stocks that have been launched and appear headed towards new peaks.  As I said in class this week, it makes the most sense to buy stocks that have the best fundamentals and technicals.  This strategy has been advocated both [...]

I used TC2007 to scan the market for stocks that meet my most stringent fundamental and technical criteria for rockets.  These stocks have great fundamentals and technicals, have already doubled their price a year ago and are near 5 year or all-time highs.  I have listed in this table the 11 stocks out of 4,000 [...]

My indicators are all positive again.  There were an amazing 398 stocks in my universe of 4,000 that hit a new high on Friday.  59% of the 4,000 stocks closed above their 10 week averages.  Nevertheless, two rocket stocks I have written about weeks ago are now in downtrends, STEC and GMCR.  GMCR has now [...]

There are a number of stocks that came up in my “Darvas Scan” that are   trading near five year highs and have good technicals and fundamentals. These stocks include: NEU, PCLN, AMZN, NFLX, EGO, LZ, CML, ABV, CBD, WCRX, EW, WES, CPLA.  Some of these stocks may turn out to be rockets if the market [...]

My short and long term indicators are still in up-trends.  I am enjoying the current weakness and will wait to buy TYH when it bounces off of support.  Support for me for TYH is around 126.  If TYH bounces around there I will buy it and place a sell stop below the low of the [...]

To be successful in the market, I have to block out all other opinions and look at what the market is telling me.  The market successfully tested support last week and the 30 week averages for the SPY, QQQQ and DIA are turning up.  This is a classic Weinstein Stage 2 pattern.  I get out [...]

The QQQQ up-trend completed its 32nd day on Friday.  When will the up-trend end?  No one knows.  My strategy is to hold growth stocks as long as the up-trend is in place.  Prior up-trends the past 3 years  have lasted as long as 86 days.  So the current up-trend may have a time to go, [...]

I just completed the best 2 week period in a year. I own a lot of the stocks listed to the right, which are having terrific runs.  The GMI registered 5 for the first time since August, 2008, before the start of the major market decline.  My Successful 10 day New High Index turned positive.  [...]