QTM- Add this stock to your radar

QTM pulled back recently after sub-par earnings. However, QTM has everything pointing in the right direction to become a possible 2010 STOCK OF THE YEAR Candidate. Remember, we TRADE STOCKS here. We don't buy and hold!

And the winner is....

2009 STOCK OF THE YEAR.... CKSW. ClickSoftware joins 2007 winner Foster Wheeler and 2008 winner Chicago Bridge & Iron. CKSW was successfully traded over 16 times in 2009 for profits exceeding 58% after fees.

Some to watch...

Here's just a quick list of some tickers to keep an eye on! CKSW, WEN, CMZ, RTK and AHR. On this same note, BZH, DPZ and SRZ broke out and ran just as we thought they would.

Did we not call it?

We posted a CKSW update last night highlighting the channeling opportunities in this ticker. The stock seems to be trading a patterns between $6.80-$7.20. This sets up as a day trader's delight. Sure enough, the chart to the right will point out the same trend. Highs today as of 1 pm EST at $7.19 and the lows hitting $6.84. The stock is now attempting to make another uphill climb and should settle close to $7 for the closing price. If you are a day trader you should keep an eye on this ticker for the trading opportunities it presents.

RIMM is a double

Research in Motion (RIMM) is the fastest growing company currently. That's a big statement to make in these economic conditions. The stock is trading in the $70 range, a far cry from it's 52 week low. However, this company has a lot of get up and go in it. I really believe this ticker will ride the smart phone craze and hit par ($100) again in the near future.

Another tech beauty to keep an eye on is Sigma Designs (SIGM) ranked second, or right behind RIMM on Fortune magazine's annual ranking of the fastest-growing public companies that was released this week. Fortune's fastest-growing list includes only profitable, publicly traded companies with at least $50 million in annual revenue and a market capitalization of at least $250 million. Companies on the list must also have posted yearly revenue and earnings-per-share growth of at least 20 percent. Sigma's revenue grew by 104 percent to $209. 2 million in the period covered by the magazine.