May 2011

PLAB

Stocks / Leave a Comment / By
  • Photronics, Inc(PLAB )  is acting very systematically.
  • Four months of range and Big up volume last few days. It broke out today with big volume along with market.
  • No of Funds sponsorship has increased for the last 3 quarters.
  • EPS / Sales ( 330/16, 999/23, 167/27) has increased for the last 3 quarters .
  • Industry Rank = 23
  • Sector is favorable and lot of breakouts happened in this sector along with Market.

Beautiful Up day

Market / Leave a Comment / By

  • Big Up Volume day and looks like follow thru day. Lets see whether the market is stable here.
  • Its better to initiate longs with little risk and see how it works.
  • 3 Months of correction will bring fresh breakouts and sector rotation.

IPGP

Stocks / Leave a Comment / By

  • IPGP is acting very systematic and gentle manner.  No big sell offs during the market correction.
  • Big up volume.
  • I will buy if the market reaction is good.
  • EPS / Sales (460/74, 700/86, 571/95) has increased from the last three quarters and industry Rank would be 14.
  • No of funds has increased from last three quarters.
  • What else does it need to buy ?

May 25th 2011

Market / Leave a Comment / By

  • Volume is up today as compared to yesterday. Its a good sign. Need to see more follow thru days to determine the direction of the market. Until then it would be better in CASH.
  • Breakouts happened with low quality stocks.
  • Market is waiting to Fed news. Until then market will consolidate or stabilize to move upwards.
  • Patience is key here.
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