With the updates this evening, you will notice some changes to the blog. All tools, watch lists, and Bluefin are now member only access. Blog posts will continue to remain public as well as nightly reviews of the watch lists and earnings reports.

If you run into any problems drop me an email at: patientfisherman@gmail.com

Thanks for your patience and support. Dan.

It's days like today that make you go "hmmm". The indexes were down slightly but we had a decent thrust on the market monitor.

There was some discussion on the Stockbee forum about sector rotation going on, so a review of our "Emerging Opportunities" list seemed appropriate. These are the stocks that haven't caught up with their brothers over on the Top Sectors list. You can also use this list to find stocks setting up for their next move as they form a base.

With the market monitor at extremes, you need to pick carefully if you decide to enter at all. Below are the charts that caught my interest from the "Emerging Opportunities" list. All of the stocks had a volume surge of 50% or greater today.

Resolved the issue causing the watch lists to  not populate.

stockbee: Copycat posts and copycat lists: "Many of the regular readers have pointed out and emailed to me about copycat posts on earnings strategies, procedural memories, momentum m..."

Recently, over at the Stockbee site we had a discussion concerning people jumping from one method to the next. Stockbee published some findings on a Kirk Report study, which you can read: 3 Things you can learn from Charles Kirk

This piqued my curiosity so I decided to look back over the past 30 days (give or take a week or so on some stocks) and find every breakout that occurred using the StockBee MDT Break out. Whether you use an exhaustion method, trend based or N-Day Breakout entry signal, many of these would of appeared in your scan.

Hindsight is 20/20, so I attempted to find stocks that offered a reasonable buy opportunity. I reviewed over 2000 stocks with our standard liquidity filter applied: MINV3.1 > 1000. They were absent of heavy volume selling days prior to the breakout. All stocks were within 10% of their 6 month high. I've also left the time-frame at 6 months so you can get more perspective on the entire move. With that said, there are still a few ugly ducklings in the result set.

So, what's the point? Did you catch 20% of these? How about 80% of the "Mona Lisas". These are the stocks with a chart pattern that is such a work of art, you wonder how you could of possibly missed it? If you did not catch them, then why are you looking at other breakout signals? Why haven't you committed to mastering one? I'm right there with you if missed some of those perfect setups. I keeping asking myself "How did I miss that one?!".