Stocks On My Radar This Week - 12/22/14

Good afternoon,

Another dip, another "V" bottom. That is simply the way the game is being played these days. Basing action? No need. Retest of the lows? That is such an old-school idea. Nowadays, the trends tend to be one-directional and move in that direction until they reverse. Is this a permanent change in the market? We can't know for sure. But the trend IS worth noting and it is also worth playing the game according to the current rules. For now, the trend is up but there is resistance overhead. We'll have to wait and see if the bulls can finish the year strong and push to new highs heading into 2015.

Hoping everyone has happy holidays and enjoys some time off with family and friends this week.

Worth noting about this week's list is that AKRX and OVTI have now been on my radar for six consecutive weeks, and still remain attractive from a buyer's standpoint. Here's what I'm looking to buy this week:

Health Care: MDVN, AKRX

Technology: OVTI, SUNE, SAIC

Consumer Staples: PPC, JJSF

Consumer Discretionary: DV, LYV

Utilities: UGI

Industrials: CAR, ODFL, CSX

Energy: TSO

Heavy Insider Buying Signals: NMIH, FUEL

Happy trading!

- Don