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Rockets

This screen identifies stocks with strong price charts and with equally strong fundamentals. To qualify, a stock must either be breaking out to the upside, or in an existing, but strengthening uptrend. On the fundamental side, a stock must be recording accelerating earnings growth, strong profitability, and meet additional fundamental requirements that I've found work well for identifying winning stocks. As you'll see when you look at the list; out of 8,000 or so listed stocks, only a handful pass muster.

When to Sell?
Some rockets fizzle on the launching pad. So it pays to admit your mistakes and cut your losses early if a rocket goes the wrong way. I suggest selling any stock that drops 10% or more from your buy price. Once a hot stock has moved up, sell when it drops below its 50-day moving average.

Market Direction
Buying hot stocks can be risky business. The strategy works best in a strong market. Since most rockets are small-cap, I use the Russell 2000 index to represent the market, and give an “okay to buy” signal when our proprietary timing signal for that index signals 'buy.'

Here are the current Rockets .

Market Direction: Condition GREEN - Go For It!

3/12/10   Recent
Price
Q/Q
% EPS
Growth
Y/Y
% EPS
Growth
Perf.
vs.
S&P 500
.

CAGC

China Agritech

30.00

44

40

1333

DECK

Deckers Outdoor

130.96

70

60

139

NADX

National Dentex

10.48

108

755

375

UTI

Universal Technical Institute

26.06

324

392

101

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