Here’s a collection of bases and pullbacks, as well as a few broken charts and non trending vehicles in this week’s screen for: EPS > 20% Quarterly Sales > 20% Quarterly ROE > 15% Price > 50 Read More …
Reflex rallies on the major indexes had to be expected. The Dow posted accumulation, the Naz and S&P did not. Bear bias sticks. Potential upside leadership in play the following Sector ETF’s trading decisively above Read More …
The Bear continues to dominate with a clear distribution day under the major indexes’ 50-day MA’s. We’ll maintain our bear bias until the market proves otherwise. Positions Update: We got out of RYL after a Read More …
Scrape some change off the table. In this blogger’s humble opinion: It’s best not to venture into longer-term Growth Stock investments for two main reasons: 1. Market conditions are bearish. 2. It’s still too early Read More …
The broader market is in bounce mode. How long it lasts is any fool’s guess. It’s just like that. This is where Bulls want to see new leadership take shape. We’re paying special attention to the Read More …
The Vix says this rally hasn’t come with any increased complacency among OEX options traders. We gather this from an absence of a downtrend to previous lows on the index. But let’s not pretend it Read More …
Upward drift in price action lacks volume, lacks conviction, lacks sustainability. We’re long overdue for a correction. The only thing the Bull has going for it, outside of a solid economic base underpinning its Read More …
Here’s our studly list of publicly traded companies pulling in 30% or more in earnings growth this year and backing it up with 30% or more in sales growth as well as return on equity Read More …
Heavy selling for this key index solid vote to the Bear’s cause.
That’s two days of heavy, institutional grade selling. We now need to monitor the damage to discern between potential correction or a more mild pullback.
We weren’t surprised to see sudden sell offs with 3D printing stocks DDD and SSYS. We’ve thought they showed signs of being tired for about a week now. Meanwhile, the broader market appears firm as Read More …
Strange, murder. The SPX closed just under its high made last fall. We’re liking the broad market participation. We expect a new high to be made with the Dow and Naz following suit. More rationally, Read More …
