Thursday, August 29, 2013

Where's The New Leadership Now ?

Hey folks,

The month of August has lived up to its notorious reputation once again, another LOW VOLUME, chopfest that frustrated many traders. I personally, believe that "LESS IS MORE" when it comes to August. I minimized activity as much as i could this month as the market chopped and churned(mostly in a corrective move down). Even tho, the general market indices were mostly in "pullback" mode thru out the entire August month pretty much, there were(are) stocks that are starting to really stand out right now.

In my opinion, these stocks have a very good chance of moving higher from here and could be good "breakout" and/or "pullback" buy candidates. If you follow me on twitter or are a current 'Art Of Trading' member, some of these charts might look familiar.

Hope it helps and happy trading to you all! 

As always, if you have any questions, comments, feedback etc, email me or tweet me ! 

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