The market is the down around noon on Monday. Nasdaq is down about -14, S&P500 is down about -2. Overall the decliners outpaced advancers in terms of volumes and issues. But the good news in the volume is slower than the normal trading volume so far, until the end of the trading day, I can't see the uptrend has changed. The market is still poise to make higher highs in the coming days.
Stocks worth considering within my up momentum criteria are:
(BOOM), another stock market leader in the Explosive Metalworking and Aerospace business. It got a 5-year guarantee contract from a "big" customer. It made a fresh new 52-week high. The volume has picked up a lot vs the typical trading day.
(JOSB), a retailer announced earning this morning. As I mentioned in the previous post, many traders are eyeing on this one because its stock popularity. It is about $5 from the new high. If the market is good in the coming day, I believe it will make a new high very soon.
(CUTR), mentioned numerous times, the top 1 position on the IBD top 100 stocks. It made a new 52-week high today to attack the $45 mark. it may consolidate on that price. I would wait for pullback to accumulate more.
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