Dabbling

DNS -75, -22, -12.

Trades:

I went with a few diversified trades today, a mix of stocks based on either fundamentals or charts. I bought shares in CLMT, ENV, MCHX, MMSI, and SUMR. I bought call options for MCHX. I bought KEG shares for an untracked account.

CLMT was my favorite pick here. ENV has good fundamentals and a good trend-line off of the bottom. SUMR has solid numbers and what could have been a bottom. MCHX was my pick to break out of its bottom. It broke, but not out, -9.9%.

Reversal alerts: (12).

After many months I'm starting to see more classic reversal patterns as stocks move between overbought and oversold levels. From the reversal candidates there's an occasional gem that offers the additional appeal of stellar growth prospects. But even without that, the rest can offer a good short term trading opportunity given a positive sentiment for the stock and a cooperative market.

That said, while I don't see any gems below, your [research | analysis | hunch | eight-ball | lucky rabbit's foot] may lead you to venture into one or more of the following. The decrease in selling pressure that the chart scans detect help nudge the odds in your favor, IMHO.

 ALKS is at a relative bottom, has double-digit sales growth, but is expected to continue to lose money into next year.

VNR has recent sales and earnings growth, shedding losses and dropping the P/E from 11.3 to 5.9.

STRT and BRLI have modest sales and earning growth with a forward P/E of 10.0 and 10.2 respectively.

HLF has double digit sales growth. Forward earnings are slowing a bit, forward P/E is 17.5.

DRIV is moving back to a higher level of earnings, recent sales growth is in the teens, forward P/E is 20.7.

PWR is moving to a higher level of earnings with modest sales growth, forward P/E is 21.0.

MRGE is estimated to move back to profitability, dropping the P/E from 538 to 97.8.

Oh yeah, there's CROX too, but a data error keeps it out of my database, so no P/E or growth numbers.