MLR - PMP 3/5/14
Major averages jumped higher on big volume as tensions is Russia subsided. Leading stocks performed particularly well as market internals seem to be healthy and strong. Solar stocks and Chinese internets have performed particularly well.
Telecommunications staffing company ICLD had a pocket pivot. Sales are soaring, but the stock is a microcap so position size accordingly. Normally, we would not suggest such a stock but its prior price action together with the way stocks in general have been behaving allow us to be more liberal in our selection provided fundamentals and technicals measure up.
SFUN had a pocket pivot. Earnings and sales are strong, institutional sponsorship has grown 4 quarters in a row, group rank 11, pretax margin 58.8%, ROE 101%.
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