$RUT - Like Clockwork

$RUT - 60 min Candlesticks, Landscape:

via StockCharts.com

Test the highs, then back and retest support. It works until it doesn't....

Multimedia Games Holding Company Inc. (MGAM)

Multimedia Games Holding Company Inc. (MGAM):

via StockCharts.com

EPS % Change from Same Qtr a year ago 380%, Sales % Change: 22%.

MGAM showed up in the Post Earnings List after blow-out earnings and raising their guidance $0.42-$0.45, compared to its prior expectation of a range of $0.23-$0.26.

After the intial earnings thrust, MGAM has been consolidating in February. The next big move will occur when it surges above 10.95 and closes above that level.

HSTM - Daily Candlesticks, Landscape

HSTM - Daily Candlesticks, Landscape:

via StockCharts.com

EPS % Change: 40%, Sales % Change: 24%

Nice pullback after earnings thrust. Watch for a move above 22.21 for entry.

$RUT - Stuck in Range

$RUT - Daily Candlesticks, Landscape:



The Russell continues to churn in range. A break out above these levels would signal the next leg up.

Setups: Sector 50

Below are a few setups from the Sector 50 watch list.

 

image

FOSL

 

image

ACAT

 

image

GUID

31 Setups from Bluefin

Today, we had quite a few signals appear in Bluefin. Below are the best looking setups for 2/1/2012.

 

Symbol Sector Watch List  
CALD Business Software & Services Short 25                                           
BMRN Biotechnology Emerging 50                                        
GGB Steel & Iron STI Break Out                                      
MKTX Investment Brokerage-National STI Break Out                                      
FCH Reit-Hotel/Motel STI Break Out                                      
SXC Steel & Iron Post Earnings Surprise                             
SANM Printed Circuit Boards Value 50                                           
ELN Drug Delivery STI Break Out                                      
DXPE Industrial Equipment Wholesale STI Break Out                                      
NKTR Biotechnology Post Earnings Surprise                             
XRTX Data Storage Devices Post Earnings Surprise                             
TGA Independent Oil & Gas STI Break Out                                      
WRB Property & Casualty Insurance Todays Earnings                                    
HURN Business/Management Services Post Earnings Surprise                             
ROP Scientific & Technical Instr Emerging 50                                        
EPD Independent Oil & Gas Post Earnings Surprise                             
ERT Medical Laboratories & Researc STI Break Out                                      
GY Aerospace/Defense-Major Dive STI Break Out                                      
CONN Electronic Stores STI Break Out                                      
DLB Diversified Electronics Post Earnings Surprise                             
MIM Property Management/Develop Emerging 50                                        
CPLA Education & Training Services STI Break Out                                      
SXT Specialty Chemicals Emerging 50                                        
FSII Semiconductor-Equipment & Mate Sector 50                                          
TC Industrial Metals & Minerals STI Break Out                                      
HELE Housewares & Accessories STI Break Out                                      
MGM Resorts & Casinos STI Break Out                                      
BMI Scientific & Technical Instr STI Break Out                                      
KBR Technical Services STI Break Out                                      
SSYS Computer Based Systems STI Break Out                                      
PLXS Printed Circuit Boards Sector 50