BBVA is attemping to push above $8.53 (the highest weekly close since March 2012) on above average volume. This is a decent breakout and as long as institutions holding the stock can defend it and keep it above $8.53 then we can expect gains in the early part of 2013.
MEANWHILE: Take a look at the following stocks that are starting to move with a tonne of upside should the market stay stable in 2013; ADBE, AHS, BAC, DISH, BCS, FAF, FAS, DYAX, GHL, TVL, RYL, UBS, ONXX, CELG, DDD and INFI. Of these stocks you only need to own the ones that have the two-must-have-traits that all past and current hall of fame blockbuster gainers displayed.
Owning laggards is really similar to owning the worst performing players in the any sports league. Finding the worst performing stocks in the hope they turn around is like hoping a player who warms the bench will turn into a superstar suddenly? ALREADY Great players have the potential to be make hall of fame. The same is true for stocks.
Here are SOME stocks +99% of investors missed (yet the buy signs were obvious) when they started moving a few months back; EGHT, REGN, INFI, CLSN, IMH, ARNA (could breakout above $10 eventually - wow!), DYAX, SNTS, NTE, DDD, SHW, SIRI, PHM, V, CVI, HOV, CONN, CVI and PSX just to mention a few...
► ► ► :m:u:a:t:h:e: . :c:o:m: (without the colons).