If you are interested in a system which covers only a handful of stocks, charges only for profitable months, delivers trades via email or mobile phone in real time, and is verified by a third party - then my
actively managed portfolio is the system for you.
Breakouts
for September 19th: The first pick, CRS, first featured as a Subscriber pick for August 29th. The stock cleared its first important hurdle of declining resistance from May, setting up a mini-handle which closed above $103.45 resistance Monday. There is good support from technical indicators like the MACD, on-balance-volume and slow stochastics, but ADX has yet to confirm a new uptrend, which will only occur when +DI > -DI and ADX is above 20. The stock pays a small 0.90% dividend. The company recently announced it would increase its surcharge mechanism. The second pick, NIHD, has gone a step beyond the previous pick by not only breaking declining resistance, but by closing at new reaction highs above $57.45 resistance. The move was supported by resistance breakouts in the MACD and on-balance-volume as bullish trend strength increased (ADX > 20). The most recent news from the company related to the release of Blackberry products to Nextel customers in Mexico and Peru. The stock is working a bounce off the 40-week MA and was able to trigger a double top breakout on the point-n-figure chart as of September 13th. The point-n-figure target is a healthy $77, but I have opted for a test of resistance first. The third pick, DSX,
bounced off a sharply rising channel, as well as breached $13 resistance, to set up a challenge of $15 resistance. The stock sports wonderful accumulation as measured by on-balance-volume, including a solid 'buy' trigger in the MACD, and a strengthening trend measured by the uptick in +DI. The June rally is part of an August 11th double top breakout with a target of $22. Monday's action followed some positive comments in Barron's. But, I am not sure about the 11% yield reported by Yahoo!
The information found on the Fallond
Stock Picks Inc. website (www.fallondpicks.com) has been prepared
without regard to any particular investor's investment objectives,
financial situation, and needs. Accordingly, investors should
not act on any information in this site without obtaining specific
advice from their financial advisors and should not rely on information
herein as the primary basis for their investment decisions. Information
contained herein is based on data obtained from recognized statistical
services, issuer reports or communications, or other sources,
believed to be reliable. However, such information has not been
verified by Fallond Stock Picks Inc. or any of its employees,
Fallond Stock Picks Inc. makes no representations or warranties
or takes any responsibility as to the accuracy of completeness
of any recommendation or information contained herein. Fallond
Stock Picks Inc. accepts no liability to the recipient whatsoever
whether in contract, in tort, for negligence, or otherwise for
any direct or consequential loss of any kind arising out of the
use of the information provided on this website, or of the recipient
relying on any such recommendation or information (except insofar
as any statutory liability cannot be excluded). Any statements
nonfactual in nature constitute only current opinions, which
are subject to change without notice. Fallond Stock Picks Inc.,
or their respective affiliates or their officers, directors,
analysts, or employees may have positions in securities referred
to herein. Neither the information nor any opinion expressed
shall constitute an offer to sell or a solicitation or an offer
to buy any securities mentioned herein. This document does not
purport to be a complete description of the securities market
or developments to which reference is made. There may be instances
when fundamental, technical, and quantitative opinions may not
be in concert. There are risks inherent in all investments, which
may make such investments unsuitable for certain persons. These
include, for example, economic, political, currency exchange,
rate fluctuations, and limited availability of information on
international securities. Fallond Stock Picks Inc. and their
affiliates make no representation that the companies which issue
securities which are the subject of their research reports are
subject to, or in compliance with certain informational reporting
requirements imposed by the Securities Exchange act of 1934.
Sales of securities or services covered in any report or on the
web site may be made in only those jurisdictions where such securities
or services and Fallond Stock Picks Inc. are qualified for solicitation.
Fallond Stock Picks Inc. does not warrant, represent or endorse
the accuracy or reliability of any of the information, content,
advertisements, or Third Party Sites and Content (as defined
below) (collectively, the "Materials") contained on,
distributed through, or linked, downloaded or accessed from Fallondpicks.com,
nor the quality of any products, information, or other materials
displayed, purchased, or obtained by you as a result of an advertisement
or any other information or offer on or in connection with Fallond
Stock Picks Inc. You acknowledge that any use of or reliance
upon any Materials shall be at your sole risk. Fallond Stock
Picks Inc. reserves the right, in its sole discretion and without
any obligation, to make modifications to any portion of the Fallondpicks.com
web site or publications at any time. You acknowledge and agree
that you bear responsibility for your own investment research
and investment decisions, and that Fallond Stock Picks Inc. shall
not be held liable by you or any others for any decision made
or action taken by you or others based upon reliance on or use
of information or materials obtained or accessed through use
of Fallondpicks.com. Prior to any transaction in securities,
you should consult with a qualified professional securities or
financial advisor.
Copyright 2004-2006
Fallondpicks.com
Support Emerging Entrepreneurs
$25of every Annual Subscription is routed through Kiva.org
In exchange, you get the stocks featured at Fallondpicks.com delivered straight to your email address