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Stock Tiger Update
For Friday November 24, 2006
With
only a half a day in trading this week no need to send the Update so
much as a time to just wish you in America a Happy Thanksgiving and
those in other countries a nice day away from the market and anyway
a good time for all to be thankful.
Close Wednesday
Dow
+5.36 at 12326.95, Nasdaq
+11.14 at 2465.98, S&P
+3.28
The markets are
consolidating a bit however the Nasdaq and Sox doing better. We
still think a top is not far away though enjoy the gains now. The
moves on break outs have not been quite as strong as the market has
lost its volatility. It is often a bit better for break out trades
to be in a volatile market. We have had 11 stocks hit the buy point
this week though so pretty good and several have added nicely also.
The Dow very tight range - next week will tell..

The Nasdaq 100 on this weekly you see how close it is
to the top trend line so another week or two and it could reach it
and a good time for a pullback.

And on the Nasdaq 100 ratio to
the S&P 500 it is still outperforming and very close to the
trend line and notice the 200 day is about to cross under the
50-day. A break would be bullish but a pullback for a coupled of
weeks probably more bullish then a break now.

The semis also been getting some traction.

Here are a couple of stocks to add to the watch list.
Sydney31268 pointed out GTW the trend line has been broken
and now near the 200-day so a minor break at $2.06 then the
horizontal at $2.10
AKAM at $52.95 would
make a break out.

WIN looks good above $14.10 - would like some more volume.

CY this one only gapped down recently so it may be much too early to get
into the gap but a scalp play anyway if it moves as it could spark some short
covering at least enough for a scalp.
KRY is not for the watch
list but a gold stock that has aim interesting chart. They have
mines in Venezuela so a risk still of government nationalizing the
mines but 5 months of basing and the 50 and 200 day are getting
closer. With a stop under the 200-day I bet it could be accumulated
on some dips so a longer term hold. Will of course also depend on
gold price but this chart looks promising.
That's it until the weekend please have a great holiday and weekend.
Let us know if there is any problem with this mailing being the first with a new
company.
For the latest complete list of picks check the current list
each morning at stocktiger.com
Would appreciate your Vote
It can be done each
day you wish.
(bottom right had side words (Vote for
it!)
Remember
to check the ........Earnings Calendar
on all overnight holds
Check the message board
also
for other good stock candidates as there are several there right now.
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from anywhere, send me (ST) a
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Best regards,
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