Recent Entries

  • Weathered & Whittled

    Overall market is suspect with low numbers of stocks matching our screen for superior fundamental and technical properties. This whittling is primarily from price action falling below the major averages. The weathered survivors here represent the durable. It may not be time to be a buyer, but when an unplug resumes these are likely candidates […]

  • Heavy and Compressed

    Risk of a breakdown is up as heavy sell volume sets into price action.  A collapse in key industry leaders, most recently Apple, Google, Twitter and fast growing cyber security cos., is another strong tell. The bias here remains Neutral as long as the S&P 500 closes above the 50-day moving average. But- that doesn’t […]

Chart Watch

  • Homebuilders are back. This blogger’s anticipation of an industry wide breakout soured after a couple of less than rosy outlooks from key companies sent investors into defensive mode. That big, fat red volume bar tells us more than a few paws got burnt trying to play it. But the setup is back and poised better […]

  • The Russell 2000 is all alone under its high mark as the Dow, Naz and S&P 500 hit fresh breakouts. Our attention is focused on this small cap index because 1. That’s where we often find the best growth stocks and 2. This is a former leader in the recent bull market, so could be […]