Tuesday, November 9, 2010

Backsliding

Some stocks are backsliding, others are surging ahead. Industry peers are moving in opposite directions. Odd.

Trades: none:

Reversals: t2: APEI NVTL PFE TRLG WX. hlr: CTSH FORD SAVB.

PFE has fairly strong growth with the right valuation but chart patterns suggest that it won't be moving up very fast. TRLG has modest growth and a fair valuation, and chart patterns that suggest a break-out from the bottom. It doubled for me the first time I bought it so I have fond memories of TRLG. But this time the valuation and novelty of the brand aren't as compelling.

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