- Technical Market Commentary -

May 26, 2010 (FinancialWire) (By Frank Kollar) (Go to http://www.financialwire.net/?s=cmmtry for all recent commentaries.) — Shares of Dollar Tree, Inc. (NASDAQ: DLTR), the largest single-price discount retailer in the U.S., are at all-time highs closing at $63.44 on Tuesday, May 25.

Last week Dollar Tree announced that its fourth-quarter net income was $63.6 million, or 73 cents a share, up from $60.4 million, or 66 cents a share, in the year-ago period. Earnings were 92 cents a share. Sales rose to $1.35 billion, from $1.2 billion.

The discount retailer expects adjusted 2010 earnings of $4.29 a share to $4.50 a share, ahead of the Wall Street target of $4.24 a share.

But higher earnings aside, Dollar Tree is rising in a truly bad market environment. During severe declines such as we are currently in the midst of, good news is often ignored as investors and traders make emotional trades.

But Dollar Tree continues to rise and is a potential bullish trade for investors willing to take on some risk.

Dollar Tree’s 50-day moving average has held all attempts at selling and is currently at $59.35. That is also where the stock’s lows were reached in mid-May selling. It makes for a decent buy-stop level.

(Go to http://www.financialwire.net/?s=frank+kollar to see more commentaries by Frank Kollar.)

The FirstAlert(tm) “Money Index” is an indicator of the depth of market direction or indirection. While not always including the same stocks, the NYSE/NASDAQ/AMEX 24 to 25 Most Actives and NYSE/NASDAQ/AMEX greatest Percentage Losers and Percentage Winners (weighted against pure monetary loss/gain) indicate the direction in which the mass of money is flowing, as well as the general focus of the market. Last session’s Most Actives showed 12 advancers versus 12 decliners. Volume Leaders were led by Citigroup, Inc. (NYSE: C) (streaming research for Citigroup available at http://investrend.stocksmart.com/ri/toc?tid=7921), the SPDRS S&P 500 Trust ETF (AMEX: SPY) (streaming research for SPY available at http://investrend.stocksmart.com/ri/toc?tid=34430) and the PowerShares QQQ Trust ETF (NASDAQ: QQQQ) (streaming research for QQQQ available at http://investrend.stocksmart.com/ri/toc?tid=1044870).

Last session’s Greatest Percentage Winners making the greatest monetary gains were led by Neurocrine Biosciences, Inc. (NASDAQ: NBIX) (streaming research for Neurocrine available at http://investrend.stocksmart.com/ri/toc?tid=19031), Community Bank Shares of Indiana, Inc. (NASDAQ: CBIN) (streaming research for Community Bank Shares available at http://investrend.stocksmart.com/ri/toc?tid=30730) and RADCOM Ltd. (NASDAQ: RDCM) (streaming research for RADCOM available at http://investrend.stocksmart.com/ri/toc?tid=171712).

Last session’s Greatest Percentage Losers taking the greatest monetary losses were led by Barclays PLC (NYSE: BCS) (streaming research for Barclays available at http://investrend.stocksmart.com/ri/toc?tid=702), AAR Corp. (NYSE: AIR) (streaming research for AAR Corp. available at http://investrend.stocksmart.com/ri/toc?tid=228) and Arkansas Best Corp. (NASDAQ: ABFS) (streaming research for Arkansas Best available at http://investrend.stocksmart.com/ri/toc?tid=35)

The complete chart for the FirstAlert(tm) Money Index Synopsis is provided by StockSmart.com, and is accessible via Investrend’s dedicated Stock Smart NYSE-AMEX-NASDAQ Summary webpage (at http://www.investrend.com/fa-index-2010-05-25).

The FirstAlert(tm) Economics Calendar lists Durable Goods Orders for April (8:30 am ET); New Home Sales for April (10 am ET); EIA Petroleum Inventories (10:30 am ET); Treasury auctions 5-year notes (1 pm ET).

The FirstAlert(tm) Events Calendar showcases CRMT, CSH, GTEC, HPY at the Stephens Spring Investment Conference; DNDN, BAX, CELG, ISRG at the Citi Global Healthcare Conference; DNR Analyst Meeting; GET at the Wells Fargo Securities Gaming and Lodging Conference; HD, TIVO, HLF, FLO at the Janney Montgomery Scott Consumer Conference; NSC, KSU at the Wolfe Trahan Global Transportation Conference.

FirstAlert(tm) Website of the Day: http://investrend.stocksmart.com

Quote of the Day: "I stick to simple themes. Love. Hate. No nuances. I stay away from psychoanalyst's couch scenes. Couches are good for one thing." –John Wayne (05/26/1907 – 06/11/1979), US actor.

Today is: National Senior Health & Fitness Day

Happy Birthday: 1957 – Duncan Goodhew, English Olympic Games gold medalist swimmer.

Today in History: 1937 – In California, the Golden Gate Bridge opens to pedestrian traffic, creating a vital link between San Francisco and Marin County, California.

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