As has been observed in recent years, this is typically the best time of year to look for the beaten down stocks and sectors to make a rebound over the next 30 days or so as tax loss selling abates.
Some of these stocks that have had the worst of it in 2013 up till now could make out-sized gains as selling pressure ends and short sellers scramble to cover.
I'm not looking to chase the big winners for '13 right here after they've had such a nice run. Let them pull in a bit before looking for an entry.
Here are some setups posted recently to Twitter, and a few more added today.
Companies mentioned in this post: Advanced Photonix (API), AEHR Test Systems (AEHR), Oxygen BioTherapeutics (OXBT), ChemoCentryx (CCXI), Iridium Communications (IRDM), GTx Inc (GTXI), Exco Resources (XCO), Coronado Industries (CNDO), NovaCopper (NCQ), Atlatsa Resources (ATL), Mitek Systems (MITK), Morgan Hotel Group (MHGC)
ALWAYS use stop losses to protect your portfolio from potentially devastating losses.
Click on charts to enlarge:
Some of these stocks that have had the worst of it in 2013 up till now could make out-sized gains as selling pressure ends and short sellers scramble to cover.
I'm not looking to chase the big winners for '13 right here after they've had such a nice run. Let them pull in a bit before looking for an entry.
Here are some setups posted recently to Twitter, and a few more added today.
Companies mentioned in this post: Advanced Photonix (API), AEHR Test Systems (AEHR), Oxygen BioTherapeutics (OXBT), ChemoCentryx (CCXI), Iridium Communications (IRDM), GTx Inc (GTXI), Exco Resources (XCO), Coronado Industries (CNDO), NovaCopper (NCQ), Atlatsa Resources (ATL), Mitek Systems (MITK), Morgan Hotel Group (MHGC)
ALWAYS use stop losses to protect your portfolio from potentially devastating losses.
Click on charts to enlarge:
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