John Lansing's Trending123
John Lansing's Trending123
Username: Password: Login
Trade Talk E-Letter Products & Services Trading Tools Portfolios Members Home
March Madness?
March 27, 2007

College basketball fans are all in a tizzy right now.  The Final Four is set and everyone is crossing their fingers that their beloved team will take home the trophy.

While basketball is entertaining, there is no way—no way—it can hold a candle to the excitement that is pulsating throughout the market right now.  This will redefine what you think when you think, “March Madness!”

I’m talking the green stuff.  Money is oozing out from every crevice—forget about it growing on trees, it might as well be falling straight out of the sky!

Right now buying pressure is reaching maximum levels.  It’s like a contagious disease spreading and multiplying.  Every single alert I’ve sent out to my Trending123 subscribers lately—and I’ve sent a heckuva lot—speaks to the buying pressure.  And when I yammer on about something time and time again, it means it is front and center in my mind.  It means you should sit up and pay close attention.

Where are we seeing it the most?  Interest rate sensitive groups.  Like what?  Like utilities and commodities.  That’s where we are seeing all time highs.  That’s where the stock “talent” is.  And that is exactly why I have been alerting my subscribers left and right about stocks they not only should want to be in—but stocks they NEED to be in.

Of course, that’s assuming you’re looking to make money.

Buying Bonanza!

I don’t want to scare you but I have thirty stocks…yes, that’s 3–0…that I want to tell you about.  But I’m not going to tell you about them all right now because frankly, I don’t want to drown you in new stock picks.

That’s not to say that I don’t have plenty of stocks to keep you occupied.  I’m just going to feed them to you in small, manageable doses.  I have three stocks I want you to feast on today.

Let’s dig in!!

Apache Corporation (APA)

Attention all new people.  This one is for you.  Take full advantage of days with a pullback — and I’m not just talking at the end of the day.  If you see it pulling back intraday, I want you to go for it!  I cannot even contain my enthusiasm for this stock because of the massive buying pressure coming in.

It’s just a superbly bullish stock.  It’s going up far and it’s going up fast.

Suncor Energy (SU)

This Canadian stock is in another bullish situation causing it to break the downtrend line.  It’s seeing new lows but while the MACD is hitting new highs — getting ever closer to the zero mark.  What does that mean?  That this stock is ready to blast off!

It’s in the $70s now.  And my target is 100.  I can say with almost complete certainty that this is going to happen.  Why?  Because 90% of all stocks that cross the $88 mark go to $100.  And SU hit $89.  So there you go, the statistics say it all.

I want you to get in SU now.  Right now.

I’m even shouting this one from the proverbial rooftop: Buy SU.  Buy SU.  Buy SU!

Pioneer Drilling Company (PDC)

I am recommending quite a number of oil stocks at Trending123.  But in all honesty, not many are going to double.  Now, I expect them to do well, otherwise I wouldn’t have them in the portfolio.

But doubles are few and far between.  They’re a delicious treat that we get from time to time.  And PDC?  What a treat it will be!  I’m seeing 100% gains.

This is a $12 stock with a Wave 3 up in the low 20s which means that Wave 5 is going to reach the high 20s.  It could back test a teeny bit more — but who wants to quibble over that — there is a high potential for this stock to be up in the 20s.  The MACD is up over the zero line.  Quite simply, this stock is fixing to explode!

MACD (mac-dee)

You probably noticed that I talked a lot about the MACD in this week’s issue.  No, the MACD is not a hamburger.  It’s a technical indicator developed by Gerald Appel in the latter 20th Century, and it stands for Moving Average Convergence-Divergence, or in other words, the difference between the 12- and 26-day moving averages of a stock price.

The MACD is calculated by subtracting the longer moving average (the 26-day) from the shorter moving average (the 12-day).  When they meet, or converge, the MACD will be 0, and when they spread apart, or diverge, the MACD will be either positive or negative—positive when the 12-day is higher than the 26-day, and negative when the 12-day is lower.  Usually, a 9-day moving average of the MACD itself, called the signal line, is plotted over the MACD to show bullish and bearish signal points.  A bullish signal is generated when the MACD rises above the signal line or above zero.  A bearish signal occurs when the MACD falls below the signal line or below zero.

There are two important things to remember when using the MACD.  First, it’s a lagging indicator—that is, it will follow the trend rather than predict it.  Second, because it represents an absolute value (the dollar difference, rather than the percent difference), there is no upper or lower limit to the MACD.  Since its variation will rise over time as overall market prices rise, it is useful as a short-term indicator, not a long-term indicator.

So don’t forget that we need to maintain a balanced diet of several indicators in order to ensure a healthy portfolio.  After all, like too many hamburgers, a trading strategy consisting of only one indicator can be hazardous to your wealth.

Hot for These Stocks

As I said, there are a whopping number of stocks I am watching and will be alerting my Trending123 subscribers to in the upcoming days and weeks.  But these three stocks are amongst an elite class.

I guess you could say they are close to my heart — haha!  You see, not a one of these stocks participated in the sell-off.  They just retraced a little bit of the gains.  They did fantastic when the correction hit and they’re still chugging along at an electric pace!

Ride the bull with these three stocks on your back!  And if you want even more gains, then make room for my newest plays, available on the Member’s homepage at Trending123—click here to try my service for free and access every stock I am recommending!

The madness continues!  Get a special deal on my Trending123 service here.  Or just get a whiff of the excitement on my site first:


John Lansing

P.S. Technical analysis can be enough to scare a seasoned trader.  There are so many forms of technical analysis from candlesticks to patterns to Elliott Waves.  Anybody who claims they’ve learned it all is doomed for failure!  I will flat-out tell you that the day I learn it all I will be six-feet underground.

Learn More

But that is why I created Trending123.  We are a community of traders helping other traders.  Join our community today and discover the benefit of helping others profit while you profit!  Click here now