All of today's best setups were earnings plays. If you caught these stocks earlier in the day you probably made out pretty well by the day's end. With market breadth at extremes, these would be decent pullback plays over the next few weeks. I'm currently in hit-and-run mode taking smaller gains when I have them.
Disclaimer: The Patient Fisherman is not a financial advisor, and does not recommend the purchase of any stock or advise on the suitability of any trade or investment. Stock trading and investing can cause loss of capital, and you should always consult with a professional financial advisor before trading or investing.
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2 Response to 10/26/2010 - Percolator Review
Is there a earnings play scan and this is the watch list that SSYS, MIPS and CIT came off of? Or did these three come off the Percolator Scan?
Also, what is the difference between the Sector 50 scan and the Emerging 50 scan?
Thanks
We track earnings each day with the Today's EArnings watch list, as well as all earnings surprises over the past quarter.
Sector 50 uses individual stock strength along with the sector strength to give us a list of stocks currently leading the market. The Emerging 50 uses the same formula but looks for stocks with less than 10% growth in the past 30 days. These stocks have yet made big moves like the ones found in Sector 50.
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