Taking Water

Small Caps and Tech are the downside leaders with widespread selling en vogue last week.

No change to Neutral bias. Keep a tight leash on anything, bullish or bearish. These market bellwethers will do their thing, but it’s not yet clear if everyone else will sing.

Biotechs, one of our favorite tells on market sentiment, took a heavy, high-vol hit last week, and should be watched especially closely for any strong move south of its 50 and 200 MA’s..

Bulls are intact on the charts for this week’s screen. Interpret any crumbling here as another dent in the bull’s potential.

This screen is based on:

  • EPS > 20% Quarterly
  • Sales > 20% Quarterly
  • ROE > 15%
  • Price > 50 and 200 SDMA’s
  • Price > 10
  • Average volume > 300,000
  • Market Cap > $300mil

Ticker Company Industry Country Chart
ABMD ABIOMED, Inc. Medical Appliances & Equipment USA BASE
AHS AMN Healthcare Services Inc. Specialized Health Services USA PB
AMAG AMAG Pharmaceuticals, Inc. Diagnostic Substances USA PB
AMBA Ambarella, Inc. Semiconductor Equipment & Materials USA BASE
ANET Arista Networks, Inc. Diversified Computer Systems USA BASE
BUD Anheuser-Busch InBev SA/NV Beverages – Brewers Belgium PB
FIT Fitbit Inc. Scientific & Technical Instruments USA N
GPP Green Plains Partners LP Oil & Gas Pipelines USA BASE
GPRO GoPro, Inc. Photographic Equipment & Supplies USA L-BASE
GTN Gray Television, Inc. Broadcasting – TV USA PB
HRTG Heritage Insurance Holdings, Inc. Property & Casualty Insurance USA PB
ILMN Illumina Inc. Biotechnology USA N
INCY Incyte Corporation Biotechnology USA PB
JAZZ Jazz Pharmaceuticals Public Limited Company Biotechnology Ireland BASE
LAD Lithia Motors Inc. Auto Dealerships USA PB
NLNK NewLink Genetics Corporation Biotechnology USA BASE
PGTI PGT, Inc. General Building Materials USA N
PRAA PRA Group, Inc. Business Services USA BASE
SCMP Sucampo Pharmaceuticals, Inc. Drug Manufacturers – Other USA N
SKX Skechers USA Inc. Textile – Apparel Footwear & Accessories USA PB
SUPN Supernus Pharmaceuticals, Inc. Drugs – Generic USA PB
UVE Universal Insurance Holdings Inc. Property & Casualty Insurance USA BO
VIRT Virtu Financial, Inc. Investment Brokerage – National USA N
WBA Walgreens Boots Alliance, Inc. Drug Stores USA PB
WD Walker & Dunlop, Inc. Mortgage Investment USA PB

 

  • BASE = Base
  • L-BASE = Lower Base
  • PB = Pullback
  • NH = New High
  • N = Nada

Rock Solid

Solid, bulls in the charts for these top earners. 

Overall bias remains neutral. Foolish to step in front of Tech and Fn sector breakouts. LT Bear gets stumped – again.

This screen is based on:

  • EPS > 20% Quarterly
  • Sales > 20% Quarterly
  • ROE > 15%
  • Price > 50 and 200 SDMA’s
  • Price > 10
  • Average volume > 300,000
  • Market Cap > $300mil

 

Company Industry Country Chart
Apple Inc. Electronic Equipment USA N
ABIOMED, Inc. Medical Appliances & Equipment USA BASE
Alliance Data Systems Corporation Business Services USA BASE
AMN Healthcare Services Inc. Specialized Health Services USA PB
AMAG Pharmaceuticals, Inc. Diagnostic Substances USA NH
Ambarella, Inc. Semiconductor Equipment & Materials USA L-BASE
Arista Networks, Inc. Diversified Computer Systems USA BASE
Anheuser-Busch InBev SA/NV Beverages – Brewers Belgium NH
Centene Corp. Health Care Plans USA N
Fitbit Inc. Scientific & Technical Instruments USA N
Freshpet, Inc. Food – Major Diversified USA N
Gilead Sciences Inc. Biotechnology USA N
Green Plains Partners LP Oil & Gas Pipelines USA N
Gray Television, Inc. Broadcasting – TV USA NH
Heritage Insurance Holdings, Inc. Property & Casualty Insurance USA NH
Illumina Inc. Biotechnology USA NH
Incyte Corporation Biotechnology USA PB
Jazz Pharmaceuticals Public Limited Company Biotechnology Ireland BASE
NewLink Genetics Corporation Biotechnology USA BASE
Bank of the Ozarks, Inc. Regional – Southeast Banks USA PB
PGT, Inc. General Building Materials USA PB
PRA Group, Inc. Business Services USA BASE
Sucampo Pharmaceuticals, Inc. Drug Manufacturers – Other USA BASE
Skechers USA Inc. Textile – Apparel Footwear & Accessories USA PB
Supernus Pharmaceuticals, Inc. Drugs – Generic USA NH
TrueBlue, Inc. Staffing & Outsourcing Services USA PB
Universal Insurance Holdings Inc. Property & Casualty Insurance USA BASE
Virtu Financial, Inc. Investment Brokerage – National USA VIRT
Walker & Dunlop, Inc. Mortgage Investment USA PB
  • BASE = Base
  • L-BASE = Lower Base
  • PB = Pullback
  • NH = New High
  • N = Nada