Saturday, July 31st, 2010

Rip or Explode List 3-9-10

Tuesday, March 9, 2010 at 10:25 pm

First, and update on recent Rip or Explode picks:

Stops are tighter and two are at breakeven.

I’ve decided to change the format of this. Rather than track the stocks in a spreadsheet like the one above, I’m just going to list more stocks that pop up on the screen. The spreadsheet reflected a portfolio dedicated to the scan. Therefore, that list was a secondary parsing as to what I thought were the best setups. Instead, I’ll just offer a wider array of stocks.

[[yuii]] , which was on the list already but I was sold, [[wilc]] , and [[slk]] are my favorites after a quick glance.

But there’s also

[[RST]] , Ruby Tuesday, Inc. [[RT]] , Sonic Corporation [[sonc]] , [[mapp]] , Brunswick Corporation [[bc]] , Skechers USA, Inc. [[skx]] , Force Protection, Inc. [[frpt]] , Boise Inc. [[bz]] , and [[syz]] that may be worth browsing.

I lot of the breakouts from yesterdays scan (not posted) ended up reversing today, with only about 33% moving higher today. It appears that short term momentum is waning/reversing, so while it makes sense to watch these stocks, I am not taking a position in any of today’s selections.