I recently published a list of ten of my “Overripe High Fliers” in a post with the intriguing name of “BIDU: Hogs (Eventually) Get Slaughtered.” Ironically, BIDU was trading at 301 at the time of that post (September 25th), not too far from where it is as I type this, but I’ll save a more detailed discussion of BIDU for another day.
As of yesterday, my Overripe High Fliers list (yes, I actually call it an OHFdex) was up to 17 components. In the graphic below, I have sorted the OHFdex components by daily percentage change. Clearly the
For quick visual reference, I have also included the CandleGlance charts from StockCharts.com for the 14 highest fliers (yes FSLR, LDK and ICE have been demoted.) For the record, these charts include a 20 day SMA in blue and a 50 day SMA in red: