When the market's doing well and dragging most stocks along with it, investing is relatively easy. Just find at least a decent fundamental story behind a well-paced chart, and let 'er rip. When things aren't going well for the broad market though - and they haven't been since last week - the game changes significantly. If you're a "long only" player in a bearish tide, you've got to find the names that are exhibiting the best momentum.

IN PICTURES: 10 Reasons To Add ETFs To Your Portfolio

With that in mind, here are four names that have seen heavy accumulation and maintained uptrends while most other stocks have been getting pounded over the last week and a half. If the underlying corporate results support the strength, so much the better.

It's All Relative
American Apparel Inc. (NYSE:APP) actually began its upward journey with a high-volume leap back on November fourth. Since then, it's continued to make forward progress on rising volume, which is a bit surprising considering the company reported what could only be described as a major disappointment when it unveiled last quarter's numbers on the ninth. It's all relative though; the past and projected numbers are still better than the market had priced in, and the stock is rolling as such. Just don't be left standing when the music stops.

Just the Beginning
Granted, most of the recent technical accumulation of Daktronics Inc. (Nasdaq:DAKT) fell on one day (Wednesday), but this electronic display manufacturer has been methodically gathering more buyers since the August pop shook it out of its rut. Though the 50% run up from that August low is intimidating, current buyers may be eyeing bigger things like the fact that it's still priced at about one third of its 2007 peak value.

It's no fluke though. Daktronics is expected to nearly double its annual EPS between this year and next year (to $0.38). Considering the company posted per-share earnings of $0.06 last quarter versus the expected loss of $0.04, it's not like that lofty income level is out of reach.

Sooner or Later
It's subtle, but it's there. Over the last week and a half, Enzon Pharmaceuticals (Nasdaq:ENZN) hasn't made a ton of upward progress. But, it's been well support by the 200-day moving average line. While it's been resting there, the accumulation has started to ramp up to levels we've not seen in months. (To learn more, see Support And Resistance Reversals.) One of these buying spree days could eventually be the one that gets traction.

Right Product at the Right Time
Take-Two Interactive (Nasdaq:TTWO) has admittedly been volatile since the beginning of the year, but since September one thing has become evident - the 'up' days are on much greater volume than the 'down' days. That's why TTWO has been able to make its 40% run from August's lows.

Like Daktronics though, these buyers may well be thinking about the fact that Take-Two shares have miles to go before hitting the headwinds of prior highs (more than a double from their current price). The projected 2011 P/E of 12.6, which would also mean a return to annual profitability for the video game maker, should help drive the stock to that end.

But didn't the gaming industry see yet-another sales decline in October? Yep - this one by 4%. The industry really isn't measured by the calendar though, nor is it tremendously affected by the economy. Video game sales are largely determined by hot-selling new titles, no matter when they are launched and no matter how competitive the environment is at that time.

So what? While it's still too soon to call it an epidemic of Call of Duty or Grand Theft Auto proportions, Take-Two's NBA 2K11 was October's best-selling video game. If that momentum can just be carried into the holiday shopping season, the company may add to what's becoming a long string of earnings beats. (These characters sell. Find out more in 5 Top-Earning Video Game Characters.)

Bottom Line
You'll have to dig further into these names yourself, but their ability to resist the bearish tide is reason enough for investors to take notice.

Use the Investopedia Stock Simulator to trade the stocks mentioned in this stock analysis, risk free!

Related Articles
  1. Investing

    How to Ballast a Portfolio with Bonds

    If January and early February performance is any guide, there’s a new normal in financial markets today: Heightened volatility.
  2. Stock Analysis

    Performance Review: Emerging Markets Equities in 2015

    Find out why emerging markets struggled in 2015 and why a half-decade long trend of poor returns is proving optimistic growth investors wrong.
  3. Investing News

    Today's Sell-off: Are We in a Margin Liquidation?

    If we're in market liquidation, is it good news or bad news? That party depends on your timeframe.
  4. Investing News

    Bank Stocks: Time to Buy or Avoid? (WFC, JPM, C)

    Bank stocks have been pounded. Is this the right time to buy or should they be avoided?
  5. Stock Analysis

    Why the Bullish Are Turning Bearish

    Banks are reducing their targets for the S&P 500 for 2016. Here's why.
  6. Stock Analysis

    How to Find Quality Stocks Amid the Wreckage

    Finding companies with good earnings and hitting on all cylinders in this environment, although possible, is not easy.
  7. Investing News

    What You Can Learn from Carl Icahn's Mistakes

    Carl Icahn has been a stellar performer in the investment world for decades, but following his lead these days could be dangerous.
  8. Stock Analysis

    Analyzing Altria's Return on Equity (ROE) (MO)

    Learn about Altria Group's return on equity (ROE) and analyze net profit margin, asset turnover and financial leverage to determine what is causing its high ROE.
  9. Investing News

    Icahn's Bet on Cheniere Energy: Should You Follow?

    Investing legend Carl Icahn continues to lose money on Cheniere Energy, but he's increasing his stake. Should you follow his lead?
  10. Stock Analysis

    Analyzing Google's Return on Equity (ROE) (GOOGL)

    Learn about Alphabet's return on equity. How has its ROE changed over time, how does it compare to its peers and what factors are driving ROE for the company?
  1. How do dividends affect retained earnings?

    When a company issues a cash dividend to its shareholders, the retained earnings listed on the balance sheet are reduced ... Read Full Answer >>
  2. What is the difference between called-up share capital and paid-up share capital?

    The difference between called-up share capital and paid-up share capital is investors have already paid in full for paid-up ... Read Full Answer >>
  3. Why would a corporation issue convertible bonds?

    A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>
  4. How does additional paid in capital affect retained earnings?

    Both additional paid-in capital and retained earnings are entries under the shareholders' equity section of a company's balance ... Read Full Answer >>
  5. What types of capital are not considered share capital?

    The money a business uses to fund operations or growth is called capital, and there are a number of capital sources available. ... Read Full Answer >>
  6. What is the difference between issued share capital and subscribed share capital?

    The difference between subscribed share capital and issued share capital is the former relates to the amount of stock for ... Read Full Answer >>
Trading Center