Sunny Side of the Street

 

Weekend Stock Picks

 
Accumulation To Date: $xx.00 (since 9/16/2007)  

Sunday Night 12/09/2007:

Symbol Buy if Breakout Goal StopLoss Entered? Profit/Loss
AIG 67.64 xx 62.66    
MO 68.48 xx 64.72    
T 40.84 xx 39.36    
JNJ 62.60 xx 60.50    
A 39.37 XX 35.28    
        TOTAL FOR PERIOD  

Pennant

 

 

 

 

 

Rules of Engagement

These stocks are chosen from the RadarScreen of stocks which have just recently turned over from red to green on the SJH_DMA indicator and which are in Pennant formation, showing congestion. I just go down the list and pick the first 5 I come to showing Pennant Alert, and record the "top" for the breakout.  Then I put in Stop orders to Buy if price breaks out through that point.

If you would like to be able to perform this screen yourself, all you need is TradeStation and Sunny's proprietary Dynamic Moving Average and Pennant Finder indicators.

Feel free to call me at (760) 804-1441 to discuss either or both.

In the meantime, this page is updated weekly on Sunday nights, as part of the Sunny Side of the Street commentary.  You may view the RadarScreen of stocks which have just turned from short to Long Signals, below.  And, for illustration, I've included a few of the charts of stocks which have just recently turned.