For big picture, market rally for a long time and get extreme bullish on early March this year. Since then market stuck in the range. Divergence happens on small caps and big caps. Looks we are in a top forming. A 20% kind of correction will likely to happen some time in future and welcome. If that happen I can re-invest in 401K.
For short term, we saw a V shape recovery with low breath. SP500 rise to new high. It may still drift higher as not see over bullish on 2nd indicators. No follow through is big issue and we keep seeing index rise in the morning and fade which is not good sign.
[Anticipation List]
CHE MFRM MTRX AMED LEAF RDNT TREX LPNT EGOV PII GEO TMH THC EMC BIDU
[Good setups in last 5 days]
Go though the list in TC2000: c/c4>1.08 and v>100000
Or go through the list in finviz: Weekly 10%+ move with voloume>100K
(1) ACHN
(2)AMPH
(3)AXDX
(4) KERX, start from pull-back
(5)MNDO, low price, start from pull back
(6) VHI
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