MDM - Model switches to BUY on June 29, 2012

Published : June 29 2012 at 13:32 ET

With operation twist on until the end of 2012 with an additional $267 billion at the ready and agreement at the Euro-Summit to print more money to reduce the interest rates of ailing countries such as Spain, quantitative easing is more fully in force than it has been all year. Markets can change on a dime and the price/volume pattern of leading stocks and major indices are looking stronger. AAPL, for one, is looking to potentially have a pocket pivot in today's trade if it can trade 12,827,000 shares. Smaller names may also have pocket pivots <ticker>[shares required]:

=HIBB [418,300 shares]

=ULTA [1,141,000 shares]

In addition, BWLD had a pocket pivot 3 days ago when conditions appeared less sanguine, so can be bought here as it is only 1% from the closing price of 3 days ago.

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