Monday Picks

All posts from now on will have the following criteria in addition to Market Timings:
* Volume traded must be 1.5 times the previous day and 1.5 time the 50 day volume average
* Stock must have news associated with it

At end of day 6/16/2008:

Market Monitor
---------------------------------------------------------
Trin (Up/Down) 3.05390864528582
Market Val Change $1,674,253,335
Number of stocks up 4% plus breakout on high volume 114
Number of stocks down 4% plus breakout on high volume 39
Number of stocks up 4% plus down move on high volume 39
Number of stocks down 4% plus up move on high volume 7
Number of stocks up 25% or more in past quarter 647
Number of stocks down 25% or more in past quarter 278
Number of stocks up 50% or more in past month 24
Number of stocks down 50% or more in past month 11
Number of stocks up 25% or more in past month 92
Number of stocks down 25% or more in past month 121
Number of stocks up 100% or more from year low 207
Number of stocks down 100% or more from year high 870
Number of stocks up 200% or more from year low 61
Number of stocks down 200% or more from year high 373
Number of stocks up 4% plus and up 100% or more from year low 35
Number of stocks down 4% plus and down 100% or more from year high 46
Number of stocks up 4% plus and up 200% or more from year low 15
Number of stocks down 4% plus and down 200% or more from year high 25
Number of stocks down at year high 136
Number of stocks down at year low 174

+_AG, AGCO CP (Google Yahoo Earnings Chart) $59.93 - $54.6
+_AHD, ATLAS PIPELNE HLD (Google Yahoo Earnings Chart) $31.31 - $28.87
+AMKR, AMKOR TECHNOLOGY (Google Yahoo Earnings Chart) $11.69 - $10.99
*@APWR, CHARDAN SOUTH CHI (Google Yahoo Earnings Chart) $26.38 - $23.52
+_*!ASTI, ASCENT SOLAR TECH (Google Yahoo Earnings Chart) $13.02 - $11
_CNI, CANADIAN NATL RAI (Google Yahoo Earnings Chart) $51.36 - $49.13
+_CYPB, CYPRESS BIOSCIENC (Google Yahoo Earnings Chart) $8.28 - $7.56
+_*^*!DNR, DENBURY RES INC ( (Google Yahoo Earnings Chart) $36 - $34.99
*ENER, ENERGY CONV DEVIC (Google Yahoo Earnings Chart) $76.86 - $67.22
*GDI, GARDNER DENVER IN (Google Yahoo Earnings Chart) $54.83 - $52.75
GDP, GOODRICH PET HLD (Google Yahoo Earnings Chart) $58.55 - $57.95
+_GGR, GEOGLOBAL RESOURC (Google Yahoo Earnings Chart) $3.12 - $2.62
+GMXR, GMX RESOURCES INC (Google Yahoo Earnings Chart) $63.55 - $59.05
+_HRB, H R BLOCK INC (Google Yahoo Earnings Chart) $23.46 - $22.83
+_KLIC, KULICKE AND SOFFA (Google Yahoo Earnings Chart) $7.17 - $6.74
_LGF, LIONS GATE ENTMT (Google Yahoo Earnings Chart) $10.23 - $9.83
+!LPHI, LIFE PARTNERS HLD (Google Yahoo Earnings Chart) $25 - $21.92
+***!OSTK, OVERSTOCK.COM INC (Google Yahoo Earnings Chart) $26.77 - $22.52
_RSH, RADIOSHACK CORP (Google Yahoo Earnings Chart) $14.58 - $13.6
+***STSA, STERLING FINL (WA (Google Yahoo Earnings Chart) $6.92 - $6.25

There is a school of thought that some traders follow regarding resistance, if a stock is trading at it's high, there is no resistance and the stock will keep going up. My thoughts are if that is true, then all stocks would keep going up forever. How do we know that we haven't reached a new resistance level? To find out, let's show these stocks if they have a slow stochastic value of less than 50:

+ABMD, ABIOMED INC (Google Yahoo Earnings Chart) $19.8 - $18.35
*@APWR, CHARDAN SOUTH CHI (Google Yahoo Earnings Chart) $26.38 - $23.52
*CYBX, CYBERONICS INC (Google Yahoo Earnings Chart) $20.94 - $19.04
*ENER, ENERGY CONV DEVIC (Google Yahoo Earnings Chart) $76.86 - $67.22
*GDI, GARDNER DENVER IN (Google Yahoo Earnings Chart) $54.83 - $52.75
GDP, GOODRICH PET HLD (Google Yahoo Earnings Chart) $58.55 - $57.95
+GMXR, GMX RESOURCES INC (Google Yahoo Earnings Chart) $63.55 - $59.05
+_RAME, RAM ENERGY RESOUR (Google Yahoo Earnings Chart) $6.1 - $6
TITN, TITAN MACHINERY I (Google Yahoo Earnings Chart) $30.96 - $29.57