Bullish Pivot

This type of bounce is exactly what I was waiting for. But, we need a follow through day (which should also place us above the 200 day MA) to make this an official start to a new uptrend. At this point, the market is very vulnerable and could face resistance right under the 200 day MA (at least for the DJIA and the S&P500). The NASDAQ and RUT have all successful bounced off the 200day MA and look healthy, suggesting that small and micro-cap stocks will lead the new rally (if there is one). I will post some new buy candidates later on tonight.


Stocks to Watch and Possibly Buy: AKRX, CBOU, LGL, LIOX, LOGM, PWER, RDEA, SHLO, SPRD, VCI