Fred's, Inc. (FRED) scores new FusionIQ Short Squeeze on heels of strong same store sales
Fred's, Inc. (FRED) which operates discount general merchandise stores in the southeastern United States, such as; Fred's Super Dollar Stores and Pharmacies and Fred's Xpress Pharmacies scored a new FusionIQ short squeeze yesterday as shares traded up on close to 2x its normal 21-day average volume.  With close to 20.00 % of its float short and a point and figure target of $ 23.50, FRED shares offer investor solid upside potential. 
 
FRED shares shot up after reporting on Thursday that its same-store sales rose 4.6 percent in July, beating Wall Street analysts' estimates on higher traffic.
 
Did you also know that Fusion offers money management services ?  Take our complimentary risk profile at http://www.fusioninvest.com/riskprofiler/ or call us toll free at 1-888-661-2022 to set up a call with an advisor.
 
 
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New Short Squeezes
FusionIQ runs powerful trading screens to help investors isolate candidates that may offer short-term price surges.  Today we share our proprietary short squeeze screen that FusionIQ subscribers have access to everyday. 
 
To get access to these proprietary short squeeze metrics become a FusionIQ subscriber - sign up here www.fusioniqrank.com/subscribe.php  
 
 
Did you also know that Fusion offers money management services ?  Take our complimentary risk profile at www.fusioninvest.com/riskprofiler or call us toll free at 1-888-661-2022 to set up a call with an advisor.
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FusionIQ Breakouts

As we mentioned many times on this blog FusionIQ offers powerful short-term trading screens like the FusionIQ high volume breakouts seen in the table below . This screen looks to highlight stocks trading up on above average volume, typically a sign of strong institutional interest.

 

Did you also know that Fusion offers money management services ?  Take our complimentary risk profile at www.fusioninvest.com/riskprofiler or call us toll free at 1-888-661-2022 to set up a call with an advisor.

 

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Mindray Medical International (MR) - Scores Breakout

Mindray Medical International Limited (MR) which develops, manufactures, and markets medical devices and offers patient monitoring devices, diagnostic laboratory instruments, and ultrasound imaging systems scored a massive high volume breakout yesterday.  The point and figure target for MR is a $ 77.00, which offers investors huge upside potential. 

Did you also know that Fusion offers money management services? Take our complimentary risk profile at www.fusioninvest.com/riskprofiler or call us toll free at 1-888-661-2022 to set up a call with an advisor.

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Genomic Health, Inc. (GHDX) - a whopping 40% of its float short - New FusionIQ Short Squeeze

Genomic Health, Inc. (GHDX) a life science company focused on the development and commercialization of genomic-based clinical diagnostic tests for cancer scored a base breakout and a new FusionIQ Short Squeeze.  With a whopping 40.00 + % of its float short and a point and figure target of $ 32.50 GHDX shares offer investors solid upside potential over the int. term.

Did you also know that Fusion offers money management services? Take our complimentary risk profile at www.fusioninvest.com/riskprofiler or call us toll free at 1-888-661-2022 to set up a call with an advisor.

 

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ON Semiconductor Corporation (ONNN) - New Short Squeeze

ON Semiconductor Corporation (ONNN) which supplies analog, standard logic, and discrete semiconductors for data and power management, scored a new FusionIQ Short Squeeze yesterday.  ONNN has 12.00 % of its float short and shot up yesterday on over 3x its normal volume suggesting strong institutional activity. Given that semi's have started to catch a bid ONNN shares look attractive here with a $ 15.00 target.  There may be some consolidation or minor pullback, however these are likely good buying opps.

Did you also know that Fusion offers money management services? Take our complimentary risk profile at www.fusioninvest.com/riskprofiler or call us toll free at 1-888-661-2022 to set up a call with an advisor.

 

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Freddie Mac (FRE)
Freddie Mac (FRE) has been in the news the past few of days. On Tuesday, the NYT reported that the CEO continually pursued risky mortgages aggressively. Today, Bloomberg reported that Freddie Mac "slashed its dividend at least 80 percent after posting a quarterly loss that was three times wider than analysts' estimates."
 
These matter not to us. Freddie Mac went on a Sell signal back in October 2007 when it was well over $40; It generated another sell signal in early July over $16.  
 
 
 
At Freddie Mac, Chief Discarded Warning Signs
CHARLES DUHIGG
NYT,  August 5, 2008
http://www.nytimes.com/2008/08/05/business/05freddie.html
 
 
 
Freddie Posts Loss, Cuts Dividend as Slump Deepens
Dawn Kopecki
Bloomberg Aug. 6 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8m_9i9.5MeE
 

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Another Great FusionIQ Sell Signal - Ace Ltd (ACE)
Ace Ltd (ACE) shares took a pummeling yesterday.  However note several days prior to it dropping like a stone FusionIQ flashed a timely sell signal on ACE shares.  This sell signal would have given investors another piece of valuable information to make a more informed decision about ACE shares at the time. 
 
To see more FusionIQ timing signals sign up today at www.fusioniqrank.com/signup.php
 

Did you also know that Fusion offers money management services? Take our complimentary risk profile at www.fusioninvest.com/riskprofiler or call us toll free at 1-888-661-2022 to set up a call with an advisor.

 
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In a weak food group two food names, General Mills (GIS) and Heinz (HNZ) standout

While the FOOD group overall is neutral ranked.  Two well know issues General Mills (GIS) and Heinz (HNZ) are both bucking the trend by both registering FusionIQ Master Technical Scores of 100.  These two issues also may serve to act as defensive holdings during these turbulent market times.

Did you also know that Fusion offers money management services? Take our complimentary risk profile at www.fusioninvest.com/riskprofiler or call us toll free at 1-888-661-2022 to set up a call with an advisor.

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New Timing Buys

Each day FusionIQ offers it users the ability to see any stock that has me our proprietary technical BUY algorithm parameters.  To see more BUY or SELL signals subscribe today !!

 

Did you also know that Fusion offers money management services? Take our complimentary risk profile at www.fusioninvest.com/riskprofiler or call us toll free at 1-888-661-2022 to set up a call with an advisor.

 

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