I have a list of stocks that I expect to gap up today and keep going up. If these open and are within a certain price range at the open, I will buy. They are
PEGA..........$28.62 to $29.69
CHSI............$32.35 to $33.56
SWM............$53.52 to $55.53
SLH..............$32.24 to 33.45
DLB..............$44.18 to 45.84
BBBB............$37.88 to $39.30
These are my picks for today, Wednesday November 4.
Notice that these are solid stocks with great fundamentals. Each day dozens of stocks gap up or down as a result of some preceding event. Gapping stocks create buying opportunities when there is either insufficient buying pressure to sustain the move up in price (gap-up) or a market realization that the stock has fallen to a periodic unprecedented low point (gap-down)
You may also check out my list of rolling stocks at www.myrollingstocks.com
Wednesday, November 4, 2009
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