Pandemic Two Step
Dear Readers: The Growth Stock Report resumes after a long hiatus. It’s a new market. Time to reset. It’s great to be back! US Major indexes hold gains after taking back about half their losses Read More …
Category: Breakout Watch
Holding Pattern
Growth Stock Bulls Beware. The Bear’s dominance shows with multiple distribution days on the major indexes, which are trending under their 50-day moving averages. The Sell Bias here holds, at least for the next ten days, until Read More …
Thrust
Back to back accumulation days on the S&P 500 gives the Bull some momentum going into February. It’s mostly been energy stocks bouncing off lows, so we won’t get too excited. Yet a broader bounce is still Read More …
Breakout Watch, STOR
The Buy Signal on STOR is a high risk one given the dominant bearish environment of the broader market. A success here may pave the way for other top quality growth stocks to breakout. Technical base Read More …
Holiday Mode
Almost unprecedented sideways action on the major indexes this year doesn’t do much to excite as we stare down the tunnel to the year’s end. We’ve played it cool all along here, staking out a Read More …
Barren and Lonely
It’s a bleak scene for the Growth Stock landscape. All of the major indexes are trending below their 50 and 200-day SMA’s with a clear predominance of distribution. Very few, if any, candidates for upside Read More …
WCIC, Target Time
A 10%+ move on WCIC the day after buying it puts profit targets in site. The 20% initial target, where this blogger exits half the position, would be hit at about 24, considering the 20.25 Read More …
Wicked, WCIC
Ideal high-vol breakout on WCI Communities (WCIC.). This blogger is all in after mentioning any break through 20.25 would be an invite. That 20 mark is a big psychological one. Note that’s a weekly chart above. Read More …
Burn The Burned
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 Read More …
Homebuilders Ripe For Breakouts
Trading what is, not what should be. Here’s why we’e looking to get long homebuilders: The Technicals: Industry ETF ITB broke out of a nearly two-year base on strong volume last week. All charts posted Read More …
CRB, The Breakout
A base breakout with the CRB a show of optimism for economic cycle – as long as it sticks. This index of commodities says buyers are paying more, which either means there’s increased demand or Read More …
Bam 3D Pow!
Following up on our post in August, the breakout on 3D Systems Corp. (DDD) thrives as it nears climax like trajectory. Conservative money management takes a profit with half a position at 20% and lets Read More …