Stocks continue to creep higher...

Hey folks,


So far, what a week! If we can close strong on Friday it would be even more incredible. Still, with every move up, investors and traders are scratching their heads and becoming more skeptical of the supposed pullback. Is there supposed to be one? Sure, there always comes a time when institutions and investors decide to take profits and trigger a pullback. But all that depends on several factors such as market and economy sentiment, timing, news, earnings strength and greed. I'm not trying to get bearish on ya, but just trying to kick in a little reality for you. Anyways, enough market talk. Lets get into the stocks. So what did good today. One of the today's surprising winners is a stock called Armstrong World Industries (AWI). I have been recommending this stock since it was at 40. The stock jumped to 52 on news that the company is considering a review of strategic alternatives (whatever the heck that means) which means that it may consider putting itself up for sell. This of course is just a rumor and not exactly a true statement. It is simply just a "may" and not a definite. If you ask me, I believe that this was just a sly ploy in getting institutions and investors attention about the company. AWI is not very well known at all. All I know, the company is still worth alot more than 52 so if I were you, I'd buy before the institutions push this up even further on speculation alone.

Another interesting stock to keep an eye on is American Medical Alerts (AMAC). This is a good buy on a technical level as the chart is starting to perk up and set itself up. The stock has recently rested and DB'ed. Any significant increase in accumulation or news will set this stock in motion. Now is the time to get in before the wheels start rolling.

SYNL - I have kept an eye on this one for a while and it looks ready for the next leg up.

ESEA - relatively unknown ship company that has a chart filled with accumulation

Right now the Japanese Yen is hot. If you want to play it but do not like futures, try out FXY.

Futures: Long Cocoa, Cotton, Japanese Yen, Nikkei, Lumber, Eurodollar. Keep an eye on Sugar and Coffee.

DMRC looks promising. I would buy when the stock takes its daily dips close to the 10day MA.

School and College stocks seem to be ala mode recently. EDU, CPLA, CECO, ESI all look good. I like CPLA the most and EDU is nice too.

Also, YBTVA and TMM both look good.