The tone is excellent today so the long side is the place to be... QCOM split two for one on Monday, and it has been unusually active since. (Make a habit of reviewing my Unusual Suspects lists every day.) The stock gave us Dummies a nice low-risk spot to get long this morning for a good day trade. Hope you caught it!
QCOM, 15-min. Chart
It looks like the XML shtick is working because MaoXian.com is coming up in the RSS Headlines module at MyYahoo! If you want to add this site to your newsreader, use this link: http://www.maoxian.com/atom.xml
The coil scanner picked up PFE. I bought Pfizer at $31 once... back in 1998. ;-) Let's see how this range contraction resolves....
PFE, 30-min. Chart
Trend followers exited the Internet Infrastructure HOLDR (IIH) back in May. Interestingly, the Internet HOLDR (HHH) has not given an exit signal yet, but we're watching closely.
IIH, Weekly Chart
Tone: Positive 92%
| Last | Symbol | Net% | High | Low | T.C. | U.V. |
| 27.42 | CMCSA | 2.08% | 27.73 | 26.67 | 20309 | 2.25 |
| 37.38 | NVEC | 18.06% | 41.35 | 37.26 | 18505 | 6.91 |
| 17.39 | NTAP | 0.98% | 18.19 | 17.20 | 11973 | 2.12 |
| 28.87 | SPLS | 3.55% | 29.66 | 28.02 | 10249 | 2.01 |
| 9.80 | WIND | 19.07% | 11.04 | 9.34 | 8663 | 10.21 |
| 27.55 | TEVA | 0.58% | 27.94 | 27.42 | 8453 | 1.97 |
| 20.69 | MRVL | 2.37% | 21.42 | 20.60 | 7497 | 2.07 |
| 75.17 | KMRT | 1.15% | 81.01 | 74.53 | 22930 | 3.81 |
| 34.89 | QCOM | 0.08% | 35.25 | 34.62 | 15141 | 2.40 |
| 2.29 | XOMA | 34.57% | 2.70 | 2.26 | 4863 | 12.28 |
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