The Stock of the year contest is off to a great start as the market lit shorts aflame today. Fortune8’s picks STEC, Inc. [[STEC]] soared 12% on positive notes from Deutsche Bank.
A gap fill looks imminent and I believe this one is headed straight to $20, maybe by tomorrow.
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As we take a look inside The PPT, here are some of the top ranked stocks to start 2010:
- [[CTEL]]
- Occidental Petroleum Corporation [[OXY]]
- [[CAGC]]
- Legacy Reserves LP [[LGCY]]
- China Automotive Systems, Inc. [[CAAS]]
- TOTAL S.A. (ADR) [[TOT]]
- Hecla Mining Company [[HL]]
- Cimarex Energy Co. [[XEC]]
- GeoResources, Inc. [[GEOI]]
- Chevron Corporation [[CVX]]
I be back later tonight with some more charts, look for them in the comment section.
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Isn’t looking at the person that takes the lead in the first day kind of like looking at the team with the best preason record?
Then again, I must admit… not a bad start!
I bring it up because STEC is headed higher.
Going through a few charts I am amazed at the amount of breakouts today. Incredible strength across the board.
STEC was a great gap play but I agree I’ll have to pop it at $20 and look for something else, sooner than later by the looks of it.
YGE is interesting but I like CGA better
19.98 counts as 20 to me. i had already sold at 19.60, as it was churning a bit. i’ll take $2 in 2 days. thank you very much.
BOOM: http://chart.ly/n7s7te
CSIQ: http://chart.ly/z2yvva
YGE: http://chart.ly/rwv7pd
ETFC: http://chart.ly/twgh7m
Thanks. I just hope it makes it back by year end and not get bought out. Earning should be interesting with EMC news may be already priced in.
STEC @ $20, like clockwork.
Heavy in FEED at the moment.
RC, any chance of a chart on SD? just broke though last MA (200)
nice work on STEC.