Monday, July 20, 2009

A Day of Strength in Leaders

I came across this video and found it extremely interesting. Speaking of credibility problem, you think America is not full of it?





A solid day for CANSLIM investors. The theme of China is playing out. Many growth stocks are breaking out from the consolidation area. This bodes well for the continued up move of the big board.

Nasdaq Composite has been up for nine days in a row. A little rest is expected and should be welcomed.



IBD 100 index added 2.5%; IBD 85/85 rose 2.6%, all well above the major indexes. May leading stocks finally outshine the major indexes and lead the market higher? Time will tell ...




More leading stocks broke out and my soldiers are put on line

FUQI (Retail/Whlsle-jewelry, Chinese ADR)



BIDU (Internet-content, Chinese ADR)



EJ (Real Estage Operations, Chinese ADR)




GMCR (Retail/whlsle-food)



NTES (internet-content, Chinese ADR)




ARST (computer Sftwr-security)




CISG (Insurance-brokers, Chinese ADR)



CYOU (Internet-content, Chinese ADR)




WATG (Auto/truck-original Eqp)



TSRA

CHLN

A few other stocks, which posted solid gains, are on my watch list. Not surprisingly, they are all Chinese ADRs.

PWRD

VIT

UTA


Two stocks failed the breakout and I have cut loss after I bought them,

VPRT, TLEO.

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