The Kirk Report today provided some insight regarding what he looks at throughout the day; namely, stocks that are trading above the first hour. Kirk then provides a list of stocks currently meeting that threshold. At Trade-Ideas subscribers look for the same event using the Opening Range Breakout alerts and can choose among several timeframes: 60 minute opening range, 30 minute opening range, etc.

I find this list very useful for good afternoon trades especially around the 1 – 2 pm (EST) timeframe. See a previous Strategy Session post that builds on a good trading phenomenon uncovered by Dr. Brett Steenbarger for more information.

Here is our list of stocks breaking out of their 60 minute opening range – right now (UPDATED for Friday, July 14th) (Time is NY-EST):

ATLS
07/14/2006, 02:41:21 PM
Opening range breakout. (60 minutes)
MICC
07/14/2006, 02:40:34 PM
Opening range breakout. (60 minutes)
UHCO
07/14/2006, 02:39:54 PM
Opening range breakout. (60 minutes)
GGXY
07/14/2006, 02:37:39 PM
Opening range breakout. (60 minutes)
RF
07/14/2006, 02:34:57 PM
Opening range breakout. (60 minutes)
Q
07/14/2006, 02:34:16 PM
Opening range breakout. (60 minutes)
NXY
07/14/2006, 02:33:45 PM
Opening range breakout. (60 minutes)
ACS
07/14/2006, 02:33:44 PM
Opening range breakout. (60 minutes)

You can keep refreshing and visiting this list – for free: Here

The Kirk Report is a great read whose headlines we feature in our ‘Round-Up’ section of the blog. Here are a couple of previous mentions of Trade-Ideas:

• 50-Day Winners by Percentage
• Down at least six consecutive trading days