23 noviembre 2006

Look to Underperformers for Timing Plays

Acciones castigadas que podrían recuperarse... a mí me parece que el sector inmobiliario en USA puede haber hecho suelo, y ahí se puede buscar alguna ganga, como D.R. Horton (DHI). En otros sectores, ir a buscar la peor empresa para entrar no parece demasiado interesante...

Note obvious resistance at $26, marked by the developing base and 200-day moving average. A rally through this level will issue strong buying signals.

También pinta bien el sector de tiendas, con Dollar General (DG) y Home Depot (HD)

Its relative underperformance may have ended with last week's gap above the 200-day moving average. That rally corresponded with an inverse head-and-shoulders breakout, marking a very bullish turnaround.

Its recent price action suggests the stock is waking up from the dead and ready to move considerably higher.