RE: US Stocks - Watchlist and Discussion
A few for the watchlist from Friday's volume scan, and a number of repeat stocks that have come up in the last month or so already, which is a positive market sign that breakouts have been working.
They are in varying Stages between 1 & 2, but I haven't marked up Stages for you, but have added some resistance lines to help. It is good to see the S&P 500 equal weight utilities etf breaking out to new highs in there as well, as utilities led us out of the 2011 Stage 4 bottom as some of the first stocks to hit new highs, before money was rotated into the other beaten down sectors in early 2012.
Here's the stocks for the watchlist: VSTO, SA, RIC.TO, MXL, KLDX, IMI, RYU, GFA, FSM, FR.TO, AKG.TO, KO, WRI, GES
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.