After going through various scans and a bunch of stocks, nothing gets me terribly excited and the list as a whole is weak. This tells me to stay put and keep my powder dry.
These are what I consider very tight set ups that will trigger if they break yesterday’s high. On a regular trading day I would indiscriminately take every trigger because you just don’t know which one will be the big winner, you might have an idea but in the end you don’t know: Dorman Products Inc, (DORM), Opko Health Inc, (OPK), KongZhong Corporation, (KONG), Chuys Holdings Inc, (CHUY), CaesarStone Sdot-Yam Ltd, (CSTE), MercadoLibre Inc, (MELI), Perfect World Co Ltd, (PWRD), Live Nation Entertainment Inc, (LYV), Entravision Communications, (EVC), Silver Spring Networks (SSNI), VirnetX Holding Corp, (VHC), Hanwha SolarOne Co Ltd, (HSOL), NetEase Inc, (NTES), Quad Graphics Inc, (QUAD), Erickson Air-Crane Inc, (EAC), Carriage Services Inc, (CSV), Saia Inc, (SAIA). The most exciting set up for me today is Krispy Kreme Doughnuts Inc, (KKD) on the short side, Multimedia Games Holding Company, (MGAM) through 34.60 might work on the short side as well.
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