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.

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.

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.

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.

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.

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 !!

Luminex Corp.'s (LMNX - FusionIQ Master Ranking - 87) broke out to a new 52-week record on Friday, one week before the company is to report its second-quarter earnings. The Austin-based maker of biological testing tools saw its shares rise more than 7 percent to $23.65 on Friday afternoon. Investors may be anticipating better second-quarter results from Luminex than Wall Street is anticipating. With 21.00 % of its float short and a point and figure target of $ 33.50 LMNX offers investors solid 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.

Back on July 21st 2008, we posted a blog on GHM, which was one of the markets relative strength leaders at the time.  We told our blog readers the fact it was holding up strong while the rest of the market was falling off suggested it would be a good shot term trading candidate with a near term target of $ 100 (it was $ 91.00 at the time of the blog post).  On Friday GHM shares pushed above $ 100.00, hitting our short-term target.  We believe no GHM shares will continue to rise and outpace the market.  If other words if you own - HOLD 'EM !!

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.

Please find attached the top 25 ranked groups in FusionIQ – note a lot of the former leaders in the energy and commodity space have now fallen off quite a bit.

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.

General Motors Corp. (GM) said Friday its losses widened to $15.5 billion in the second quarter as North American sales plummeted and the company faced expenses due to labor unrest and its massive restructuring plan. The loss of $27.33 per share is the third-worst quarterly loss in the automaker's history. In the same period a year earlier.

GM has long been a low-ranked FusionIQ stock, hence why we have told investors to avoid it.  It presently is ranked a 12 out of a possible 100 in FusionIQ.  Therefore we would continue to expect GM to struggle and still consider it an issue to avoid.