6 replies to this topic

[Tor]

Massive rotation going on right here. Maybe a little less directoin. If previous leaders can hold, while new leadership is established............then up we go. I like pharma, growth and cyclical stocks for reacceleration. Maybe some consimer discretionary stocks.

[Drano]

Tor, got a couple of names for us to look at?

[da_cheif]

Massive rotation going on right here. Maybe a little less directoin.

If previous leaders can hold, while new leadership is established............then up we go.

I like pharma, growth and cyclical stocks for reacceleration. Maybe some consimer discretionary stocks.

pharma... NNBP..nanobac pharmaceurticals......13c......lookit the chart...next leg up may start at any time.......btw if u dont like penny stocks.......to bad......ABAT...was 56c this year.....now about 10 bux.....

[Tor]

Just some ideas. Check them and see............ Trend & Cycle U.S. MARKET OVERVIEW Q4 SHAPING UP TO BE HIGHLY ROTATIONAL Intermediate-term background remains positive. Weekly momentum indicators, measuring 1-2 quarter shifts, have bottomed for equities. In a, ‘normal environment’, further upside recovery should develop through Q4. Supporting macro points include 1) a peak in credit spreads, 2) Intermediate-term lows in 10-year bond yields, 3) Japanese Yen has peaked intermediate-term reversing a 3-month uptrend and defensive leadership is peaking in relative performance terms. (P.2) However, short-term risk remains given: • Major markets are at resistance levels. (p.2) • Short-term momentum and TRIN are overbought. (p.3) • U.S. Dollar is oversold and beginning to bottom short-term. (p.3) • Leadership in global growth/tech and resource themes is extended and due for a pullback after a strong run-up into quarter-end. See page 2 for extended charts in emerging markets (Hong Kong’s Hang Seng) and Resource themes (BHP). (p.3) • A rotation to oversold Financials and Consumer is developing but short-term many stocks in these sectors are at resistance near 50- and 75-day mva’s. (p.4) OUTLOOK Given the intermediate-term technical backdrop cited above, a pullback is likely to be damaging near-term but should set the stage for further gains through Q4. Alternatively, without a pullback, many stocks will be overbought heading into earnings setting the stage for earnings disappointments. We continue to expect Q4 to be highly rotational similar to Q4 2006 with Financials and Consumer stocks leading the early stages of the recovery but with Materials, Energy and Technology resuming leadership following relative performance pullbacks in early Q4. IDEAS Consolidation/re-acceleration profiles: • MRK, AYE, Q, DLB, RVBD, MFE, AVT, PWR Oversold/bottoming (value) profiles: • S, WYE, CEPH, GCI Reduce Candidates • GIS, KMB, ESRX, CI, HNT, STX, JNPR, IR, TNB, X, ATI, TIE, CNX

[Drano]

Some interesting ideas there. Thanks. Chief, or Cheif, I'll keep an eye on NNBP. Sure isn't much downside on picking up some....

[da_cheif]

Some interesting ideas there. Thanks.

Chief, or Cheif, I'll keep an eye on NNBP. Sure isn't much downside on picking up some....

its cheef

[pdx5]

So long as it is not Cheep