December 08th, 2013

Today’s Bullish Trading Idea: What’s all the excitement over a company that sells laxatives, antacids and vitamins?  Insiders are gobbling up shares and analysts are taking their estimates up.  That makes Very Bullish Power Gauge rated Perrigo Company likely to outperform the market over the next 3 - 6 months.  Let’s review the checklist:

Symbol: #PRGO

Sector: Healthcare

Industry Group:

Trading signal: Money Flow Buy (December 6th)

Power Gauge Rating: Very Bullish

Chaikin (orange) Trend: Up

Price: Above Chaikin Trend

Technicals=Strong

Industry Group=Strong

Relative Strength=Green

Chaikin Money Flow=Green 

Buy-Stop: 156.63
Suppot: 153.16
Stop: 148.99