Since almost all the signals at Alert HQ are SELL signals, why dwell on the negative? Instead, I'd like to present eight stocks that are still looking good despite the current pull-back.
The following stocks are the only ones that were added to the Trend Leaders list this week. Usually, there are over a hundred stocks that come onto the list in any given week. This time - just eight. What this means is that these eight stocks are exhibiting strong up-trends as measured by Aroon, MACD and DMI analysis.
|DPS||Dr Pepper Snapple Group, Inc||$35.72|
|IDSA||Industrial Services of America, Inc.||$19.62|
|CPEX||CPEX Pharmaceuticals, Inc.||$25.25|
|CBAN||Colony Bankcorp, Inc.||$8.62|
|CLW||Clearwater Paper Corporation||$60.01|
|FFFD||North Central Bancshares, Inc.||$19.27|
|SRLS||SeraCare Life Sciences Inc||$5.09|
|ABCO||The Advisory Board Company||$38.09|
So from a technical analysis point of view, all of these stocks are relatively strong. From a fundamental point of view it's more of a mixed bag. Still, there are a few that stand out for have strong financials as well as attractive charts. In particular, Dr Pepper Snapple and Clearwater Paper Corporation are exceptional while Industrial Services of America and SeraCare Life Sciences look pretty good, too.
As evidenced by these stocks, there's still life in this market and I wouldn't be too quick to throw in the towel.
Disclosure: no positions