Retreat

I think this pullback will bring the biotech index down to 590 area that will be a good buying opportunity.

HOMS

It was featured in my last night's newsletter.

Past trades for the week August 1st

bot ford @ 23.2, sold @ 27.58, net 19%
bot ford @ 25.34, sold @ 27.58, net 9%
bot crm @ 23.6, sold @ 22.87, net (2%)
bot aapl @ 44.03, sold @ 43.31, net (2%)
bot cnet @ 12.12, sold @ 12.85, net 6%
bot iiji @ 10.66, sold @ 10.33, net (3%)
bot ebay @ 43.41, sold @ 44.18, net 2%
bot amzn @ 46.22, sold @ 45.28, net (2%)
bot cymi @ 35.49, sold @ 35.36, net (0%)
bot able @ 18.22, sold @ 17.91, net (2%)

Nasdaq

Nasdaq has its first sell signal.

Financials

Banks has been on sell signal for some times, now it is approaching support. I think it will bounce.

Update: BOOM

Lesson: never be afraid to get back to a losing trade. I have been stopped out of BOOM more than one time. Today I get it all back and plus some.

Interent index

Update: ECOL

A breakout play should never come back to its trading range.

Update: BOOM

BOOM performs well after it broke out.

Update: GEOI

GEOI is ready to burst through.

Update: semiconductors

Semiconductors is leading the Nasdaq.

Not so good

Good

I have been recomending AMED since last two green arrows. Gap up over 4 pts this morning.

Update: BOOM

It finally breaks out today after so many fakes.

Update: CRM

CRM continues its uptrend.

Update: AMED

AMED is going to challenge its high soon.

TALX

My last night's pick.

SKYW

SKYW was featured last week, now it continues its strong uptrend.

Past trades for the week July 25th

bot recn @ 30.23, sold @ 29.64, net (2%)
bot gnss @ 25.09, sold @ 24.81, net (1%)
bot chtt @ 46.96, sold @ 45.95, net (2%)
bot amgn @ 81.76, sold @ 81.03, net (1%)
bot boom @ 42.29, sold @ 41.5, net (2%)
bot ntes @ 59, sold @ @ 58.92, net (0%)

ECOL

ECOL breaks out today.