kaltbaum email

Can’t away from today except they tried to sell it and couldn’t…all on light volume. I am not trading tomorrow or Friday as volume light and Friday a half day…but do want to let you know a few names that are showing strong action.

 

EV big breakout in MONEY MANAGEMENT group…strong volume.

BLK moves above resistance but no volume.

SAP really nice weekly edging out on volume.

MAS looking to break out in strong construction group.

WHR moving out of a flag.

AMGN and CMCSA moving back above 50 day nicely.

 

 

Other names with decent charts are FBHS,IR,HD,TRW,COG.

 

So as you can see with the market bouncing from the ugly…and frankly, the bounce looks like a wedging bounce…which is not good, we are still seeing some good set-ups. Use this as a review…and if the market really turns up, we can go after.