A Nice Little Upward Stagger

DJIA 3 Month

 

The DJIA had a nice little upward stagger this week. I should point out that we are once again approaching the all-time high of around 14,200 that occurred in October 2007. I am also reminded that by March of 2009 it had dropped to 6,469. The Market can be humbling, so it is always good to be reminded of what can happen…in both directions.

DJIA 1 Year

 

 

So what did I see in my weekend review?

The 10-yr Treasury yield has danced upward to 1.65 

IBD (Investor Business Daily) continues:  Confirmed Up Trend 

Copernicus Systems: Is still long, still mixed, but perhaps less so IMHO.

Moneys Flows continues up is all 3/3 portfolios, now with price diverges in only 1/3, so a little progress seen here. 

IBD 50 Top Five:

ALXN, SWI, MLNX, CTRX, AAPL

Last Week:

ALXN, CTRX, SWI, MLNX, AAPL

Copernicus Top Stocks are:

AMGN, IACI, GILD, VRSN, EBAY

Last Week:

AMGN, EBAY, WMT, ARBA, MRK

Currently my "Stocks for a Trade" now consists of:

RGR  .70% a much appreciated turn around

IBD 50 Basket Holdings Are:

AMGN -.56%

MLNX 7.52% this is what I like to see, will continue to hold

WMT -.82% a little stumble

ETF’s for a trade are:

(All gains or losses shown are the total since purchase)

GLD -4.63%

IBB -3.49%

What will I do?

I was pleased to see the turn in RGR and the step up in MLNX, will hold these.

I like seeing IACI, GILD and VRSN joining Copernicus Top Stocks, will be looking at these further.

I may sell WMT and to pick up one of these.

I hope you have a great week.