FusionIQ 2.0 Sneak Peak

Here is another snapshot of Fusion2.0.  We have simplified the layout and made additional changes to the to enhance ease of use functionality.

 

To test drive FusionIQ 1.5 visit us at www.fusionIQrank.com/signup.php

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Sneak Peak at FusionIQ 2.0

In Late August or early September we will be rolling out version 2.0 of FusionIQ.  This upgrade will have enhanced charting capabilities,  customizable home page layouts and tons of new trading screens.  Below are a few sneak previews of some of the new trading screens that users will be able to choose in their homepage layouts:

 

Hot and Cold lists – Stocks that are making continuous new highs and lows.

High and Low ranked ETF’s – A daily listing of the best and worst ETF’s

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FusionIQ Above Average Volume Buys

Please find attached our custom screen that shows stocks that traded up on abnormal volume and also scored new FusionIQ timing buys signals.

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Transports and Biotech dominate the short squeeze list

As seen in the attached table of new FusionIQ short squeezes, transportation stocks and biotechnology stocks which have been leaders over the last few weeks, dominate the short squeeze activity.  This concentration in certain groups suggest there are aggressive buyers moving into these sectors.

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Graham Corp. (GHM) - Relative Strength Leader

Graham Corp. (GHM) which designs and builds vacuum and heat transfer equipment for process industries around the world, scored a breakout to new highs yesterday amidst the mess that is the market of late. Stocks that act strong in weak tapes tend to suggest bullish underlying fundamentals. With a point and figure target of $ 100.00 there is still solid trading upside, particularly if GHM shares are acquired on a modest pullback.

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Bank of America beats estimates

Bank of America (BAC) recorded a profit that fell 41.0%, to 72 cents a share, but still bested the consensus estimate of 53 cents a share. BofA gained $2.71, or 9.9%, to $30.20, to help lead the Dow 29 points, or 0.3%, higher, to 11,525.  However, with such a low FusionIQ score of 9 don’t expect BAC to be off to the races anytime soon.  It is likely BAC will have to develop a long trading range before it can make any sustainable upside advances.

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FusionIQ Custom Screen - Above Average Volume BUYS
FusionIQ has powerful custom screening capabilities allowing investors to screen on technical metrics, fundamental metrics or both.  Attached is a custom screen we run from time to time to time that shows stocks trading up on above average volume, a sign of strong institutional interest.  Writing custom screens is just one of the many features FusionIQ offers. 
 
To learn more about FusionIQ visit our website at www.fusioniqrank.com

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Rent A Center (RCII) - In tought times people rent not buy
Rent a Center (RCII - FusionIQ Master Technical Rank 78) scored a high volume breakout yesterday as shares traded up on over two times its' 21-day average volume.  With a slowing economy RCII should pick up increased business as people look to avoid large outlays and rent giving them more manageable monthly rental payments.  With a point and figure target of $ 35.00 RCII offer tremendous upside. 
 
 As long as shares stay above $ 20.00 the long term technical outlook will remain bullish.

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Select trannies (ODFL, WERN and ABFS) catching bids as crude falls

As crude has fallen the last few days a batch of truckers, ODFL, WERN and ABFS scored simultaneous short squeezes.  These names could be subject to short-term pullbacks however if crude can fall below its 50 day moving average these stocks are likely to reaccelerate and continue higher.


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Awaiting Google (GOOG)

Google Inc.'s (GOOG - FusionIQ Master Technical Rank - 53) which reports 2nd quarter earnings after the stock market closes Thursday gives investors another look at how to assess how well the Internet search leader is holding up in a slumping U.S. economy. Here are some of the key issues likely to sway the stock market's reaction. 

Though its growth rate has decelerated as revenue has ballooned, Google is still growing at a rapid clip.  Revenue rose 42 percent in the first quarter and analysts are projecting an increase in the same range during the latest quarter ended in June, despite the financial turmoil that's hurting scores of other businesses.  The extensive reach of Google's search engine outside the United States is one of the biggest reasons why the Mountain View, Calif.-based company is still faring so well. International markets accounted for more than half of Google's revenue for the first time in the first quarter and even more revenues is expected to pour in from outside the United States in the second quarter.

For the record FusionIQ's predicted surprise is predicting a marginal upside surprise.

To see whether your stock is going to beat earnings subscribe today at https://www.fusioniqrank.com/signup.php


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