Well as I write this weeks review I realize that many of the issues that dont make it
into PEAK PERFORMANCE PICKS are still of interested to a lot of readers.
Yes we are in a correction, yes its a weird and scary time. You could buy or sell the entire market with options or ETF's, and that can be a lot of fun or very painful, depending how you get into it. Here at PEAK PERFORMANCE PICKS I buy long stocks for immediate performance. Now for my readers I list some of these stocks. They are NOT listed because they are poorly performing stocks, but primarily because their trend has turned up and is a bit too mature for my bottom picking tastes. Some of them are holds in my portfolio, with stops under them. Others have small things about them that make them perhaps not quite ready for inclusion this week. I present them for your interested and caution you both to DYODD,and excercise care in timing and acquiring any of them without some serious technical analysis.
To qualify even before I cut them, these stocks had to be working on bottoming out in support areas, with other positive technical features. My best advice here is to NOT CHASE them.
Here they are, in part:
Industrials & others: IGC, ALN, NGA, CPF, GRO, MOD, CHB, LEE, NTZ, SRI, XRX, LB, REV
ENERGY: LEI, VTG, PED, FTK, KOG, PDC, PUDA, LRT, ICO,
PM'S & Such : GBG, EXK, AGT, CGR, UXG, NGD, ANV, PLG
With a little luck and a little time I will put some charts up in links after my next letter goes out, featuring the ones that didnt make the cut.