Erasure Bear
Dear Readers: Friday we kicked off May trading with a broad sell-off on the major indexes, erasing gains made earlier in the week. Lack of volume shows less fervor for the Bears. The month of Read More …
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 …
Growth Stock Scan, March 6
Ticker Company Sector Industry Country AAOI Applied Optoelectronics, Inc. Technology Semiconductor – Integrated Circuits USA ADI Analog Devices, Inc. Technology Semiconductor – Integrated Circuits USA AEIS Advanced Energy Industries, Inc. Technology Diversified Electronics USA Read More …
Buyers Can’t Be Wrong
Enough with the small talk. There’s no reason to not be bullish at this juncture. Tech and Financial stocks remain the winningest trades – bolstered with major breakouts from the prior group with growth stocks Arista Networks Read More …
Growth Stock Scan: Feb. 11, 2017
Ticker Company Sector Industry Country AGO Assured Guaranty Ltd. Financial Surety & Title Insurance Bermuda AM Antero Midstream Partners LP Basic Materials Oil & Gas Pipelines USA AMAT Applied Materials, Inc. Technology Semiconductor Equipment & Read More …
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 …
Big Red Finger
Sell Bias In Effect. Friday’s steep sell off on heavy volume reeks of institutional dumping. That’s two days of distribution in a row for the S&P 500 and Dow 30. You should have been aware. The Read More …
Doldrums
Best to sit tight when it’s late summer and subtle price action leaves little to say. Cash is avery good place. Broad-based sector participation in new highs affirms market strength. There’s little technical evidence to suggest Read More …
Flying Bull
There’s no denying this broad based rally into northern territory. Lots of evidence suggests it has legs. We’re going with a Buyer’s Caution bias. This rally has a real shot of sticking. Bullish Technical Signals Broad Read More …
Market Bias, June 18
Updated 06/17/16 NO Bias Bulls and Bears alike need to take caution, say the volume and price trend indicators. Accumulation/ Distribution* S&P 500 6/5 NASDAQ 4/5 DOW 30 3/6 No clear dominance in volume to suggest Read More …
Pop Ready
Bullish charts for the major indexes… looking like they wanta pop new highs. The S&P 500 is wound tight in a bullish-cup-and-handle pattern. History says this kind of thing will lead to a breakout. Read More …
Accumulation
Look out Bear. Buying power kicks in just under the 50-day MA. We’re still bears, but this could give give some upward thrust into the end of the week.