SCL is an interesting long trade. This is a former high flyer that used to be on the 52 week high list day after day. This one was fallen off a cliff in recent weeks. This one looks like it is ready for a technical bounce.
On the 5 year chart, the fib lines highlight [...]
I mentioned yesterday that I use the IBD 100 as a resource for momentum stocks. Below are 14 stocks from the IBD 100 trading around the stock’s all time high. When we look back at 2010, it would not be surprising to see a couple of these names as top performers for 2010. Other stocks [...]
One publication that I often check out on Saturday is Investor’s Business Daily. The newspaper provides a list of its IBD 100 list. For those not familiar with IBD, I think it is fair to call the IBD 100 list a list of bullish momentum stocks. It can therefore be a good spot to find [...]