Four Sigma Picks Valeant Pharmaceuticals International

Our stock picking systems have started picking up steam and today picked Valeant Pharmaceuticals.  It will put the stock into the portfolio if it trades above today's closing price anytime over the next 5 days.

Earlier this week, the system picked Cantel Medical Corp which has held on to a solid gain this week of almost 14% so far.

The Sigma value of the VIX has been steadily falling indicating some of the fear is leaving the market.  The overall market Sigma is still below 1, but it has been increasing little by little which is a very good sign.  There have been several industries that have broken into positive Sigma territory as a whole indicating strength.  These are industries you would expect to do well, but there are some surprises.  

Industries that have been rising are travel and leisure, education services, fertilizer chemicals, steel producers, heavy construction, and discount retailers.  In this economy and with the current Barack Obama plan for infrastructure investment, it's no wonder these stocks are doing well.

Keep watching for more stock picks.  I have a feeling 2009 may be a very good year for our stock picking system.  Watch it at www.foursigmatrading.com.