September 13th Daily Market Comments

Although the indexes are trading relatively flat today, candlestick formations reveal that they are trading above where they opened. This graphically illustrates that there is still buying occurring. Continue to stay long as long as the indexes remain above the T-line, as well as the 3T-line. The breakout through the resistance levels on Monday still provide visual evidence that there is new Bullish sentiment in the market trend. Stay predominantly long.

September 12th Daily Market Comments

Although the market indexes are trading positive, they appear to be slightly indecisive Today. The S&P 500 is currently forming a Doji, the NASDAQ opened higher but is trading lower than where it opened, indicating some problem getting through the upper resistance level. The Bullish sentiment is still in this market. Some consolidation after Yesterday’s strong trading day is to be expected. Continue to stay predominantly long with the market indexes breaking out through resistance levels. Any short positions should have compelling reasons to stay short. This is why we recommend Trend Analysis.

Trending Stocks: CAB, EDU, GWRE, RH, TWOU

Cabela’s Inc. (CAB)

Chart for CAB

Over the next 13 weeks, Cabela’s Inc. has on average historically fallen by 4.5% based on the past 13 years of stock performance.

Cabela’s Inc. has fallen lower by an average 4.5% in 9 of those 13 years over the subsequent 13 week period,corresponding to a historical probability of 69%

The holding period that leads to the greatest annualized return for Cabela’s Inc., based on historical prices, is 3 weeks. Should Cabela’s Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 31% could result.

New Oriental Education & Technology Group Inc. (EDU)

Chart for EDU

Over the next 13 weeks, New Oriental Education & Technology Group Inc. has on average historically risen by 14.8% based on the past 10 years of stock performance.

New Oriental Education & Technology Group Inc. has risen higher by an average 14.8% in 6 of those 10 years over the subsequent 13 week period,corresponding to a historical probability of 60%

The holding period that leads to the greatest annualized return for New Oriental Education & Technology Group Inc., based on historical prices, is 1 week. Should New Oriental Education & Technology Group Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 162% could result.

Guidewire Software, Inc. (GWRE)

Chart for GWRE

Over the next 13 weeks, Guidewire Software, Inc. has on average historically risen by 6% based on the past 5 years of stock performance.

Guidewire Software, Inc. has risen higher by an average 6% in 4 of those 5 years over the subsequent 13 week period,corresponding to a historical probability of 80%

The holding period that leads to the greatest annualized return for Guidewire Software, Inc., based on historical prices, is 2 weeks. Should Guidewire Software, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 58% could result.

Restoration Hardware Holdings, Inc. (RH)

Chart for RH

Over the next 13 weeks, Restoration Hardware Holdings, Inc. has on average historically risen by 5.7% based on the past 4 years of stock performance.

Restoration Hardware Holdings, Inc. has risen higher by an average 5.7% in 4 of those 4 years over the subsequent 13 week period,corresponding to a historical probability of 100%

The holding period that leads to the greatest annualized return for Restoration Hardware Holdings, Inc., based on historical prices, is 1 week. Should Restoration Hardware Holdings, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 114% could result.

2U INC (TWOU)

Chart for TWOU

Over the next 13 weeks, 2U INC has on average historically fallen by 13% based on the past 3 years of stock performance.

2U INC has fallen lower by an average 13% in 3 of those 3 years over the subsequent 13 week period,corresponding to a historical probability of 100%

The holding period that leads to the greatest annualized return for 2U INC, based on historical prices, is 50 weeks. Should 2U INC stock move in the future similarly to its average historical movement over this duration, an annualized return of 45% could result.

September 11th Daily Market Comments

What is the major criteria for successful investing? Being able to recognize the best signals for illustrating price movement, and then utilizing the emotional control to take advantage of that analysis. Today’s positive trading in the markets is forming a best friend signal in the Dow, which is now nudging the top of the wedge formation resistance. The NASDAQ has formed a Kicker Signal, proceeding toward the top recent highs/resistance level. This makes bullish chart patterns working profitably while bearish charts need to be scrutinized. Successful investing incorporates having good analytical tools, candlestick signals and patterns, and then acting upon those tools with the appropriate decisions, not emotional expectations. Look for the markets to try to breakout into new territory based upon Today’s strength. This is why we recommend Trend Analysis.

September 8th Daily Market Comments

NASDAQ down, Dow up, opposite of yesterday’s trading. The Dow continues to demonstrate a wedge formation, using the 50 Day Moving Average as a support. The prognosis remains the same, have both long and short positions in the portfolio. The hurricane is influencing bullish trading in the building supply companies and bearish trading in the insurance companies. Candlestick patterns continue to work well, a frypan bottom in effect in NFLX and DVAX. Bearish J-hook patterns working in computer peripherals. There are good profits being made in both directions when the market in general continues to move sideways.

 

Trending Stocks: CSII, ESPR, ICFI, PANW, SAGE

Cardiovascular Systems Inc. (CSII)

Chart for CSII

Over the next 13 weeks, Cardiovascular Systems Inc. has on average historically risen by 752% based on the past 13 years of stock performance.

Cardiovascular Systems Inc. has risen higher by an average 752% in 6 of those 13 years over the subsequent 13 week period,corresponding to a historical probability of 46%

The holding period that leads to the greatest annualized return for Cardiovascular Systems Inc., based on historical prices, is 5 weeks. Should Cardiovascular Systems Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 8167% could result.

ESPERION THERAPEUTICS (ESPR)

Chart for ESPR

Over the next 13 weeks, ESPERION THERAPEUTICS has on average historically risen by 10.5% based on the past 4 years of stock performance.

ESPERION THERAPEUTICS has risen higher by an average 10.5% in 2 of those 4 years over the subsequent 13 week period,corresponding to a historical probability of 50%

The holding period that leads to the greatest annualized return for ESPERION THERAPEUTICS, based on historical prices, is 30 weeks. Should ESPERION THERAPEUTICS stock move in the future similarly to its average historical movement over this duration, an annualized return of 350% could result.

ICF International Inc. (ICFI)

Chart for ICFI

Over the next 13 weeks, ICF International Inc. has on average historically risen by 8.9% based on the past 10 years of stock performance.

ICF International Inc. has risen higher by an average 8.9% in 8 of those 10 years over the subsequent 13 week period,corresponding to a historical probability of 80%

The holding period that leads to the greatest annualized return for ICF International Inc., based on historical prices, is 1 week. Should ICF International Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 76% could result.

Palo Alto Networks Inc (PANW)

Chart for PANW

Over the next 13 weeks, Palo Alto Networks Inc has on average historically risen by 9.1% based on the past 5 years of stock performance.

Palo Alto Networks Inc has risen higher by an average 9.1% in 4 of those 5 years over the subsequent 13 week period,corresponding to a historical probability of 80%

The holding period that leads to the greatest annualized return for Palo Alto Networks Inc, based on historical prices, is 2 weeks. Should Palo Alto Networks Inc stock move in the future similarly to its average historical movement over this duration, an annualized return of 179% could result.

Sage Therapeutics, Inc. (SAGE)

Chart for SAGE

Over the next 13 weeks, Sage Therapeutics, Inc. has on average historically risen by 26.8% based on the past 3 years of stock performance.

Sage Therapeutics, Inc. has risen higher by an average 26.8% in 2 of those 3 years over the subsequent 13 week period,corresponding to a historical probability of 66%

The holding period that leads to the greatest annualized return for Sage Therapeutics, Inc., based on historical prices, is 1 week. Should Sage Therapeutics, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 240% could result.

September 6th Daily Market Comments

The markets remain in an indecisive mode. The NASDAQ trading lower Today is currently right on the T-line. The S&P 500 is trading right near the T-line, while the Dow and transportation index are trading higher. The sideways mode of the overall market trend is still obvious. Continue to have both long and short positions in the portfolio. Oil Stocks are showing strength with Crude Oil trading higher Today.

September 5th Daily Market Comments

The weakness in Today’s trading has confirmed the Shooting Star/Doji Signals that occurred last Friday in the market indexes. Additionally, the indexes were nudging breakout levels but Today’s weakness in the markets demonstrates the lack of Bullish Strength to create breakouts into new territory. Most obvious is the Dow. Today’s lower trading illustrates a wedge pattern, indicating the prospects of more sideways movement in the markets. Be more defensive, bad news in world affairs is having more negative affect on the market trends. If the market closes decisively lower Today, add a few short positions to the portfolio. This is why we recommend Trend Analysis.

Trending Stocks: BLUE, CBPO, DY, FPRX, MOMO, PANW

BLUEBIRD BIO INC (BLUE)

Chart for BLUE

Over the next 13 weeks, BLUEBIRD BIO INC has on average historically fallen by 9% based on the past 4 years of stock performance.

BLUEBIRD BIO INC has fallen lower by an average 9% in 2 of those 4 years over the subsequent 13 week period,corresponding to a historical probability of 50%

The holding period that leads to the greatest annualized return for BLUEBIRD BIO INC, based on historical prices, is 1 week. Should BLUEBIRD BIO INC stock move in the future similarly to its average historical movement over this duration, an annualized return of 189% could result.

China Biologic Products, Inc. (CBPO)

Chart for CBPO

Over the next 13 weeks, China Biologic Products, Inc. has on average historically risen by 12.1% based on the past 9 years of stock performance.

China Biologic Products, Inc. has risen higher by an average 12.1% in 6 of those 9 years over the subsequent 13 week period,corresponding to a historical probability of 66%

The holding period that leads to the greatest annualized return for China Biologic Products, Inc., based on historical prices, is 19 weeks. Should China Biologic Products, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 114% could result.

Dycom Industries Inc. (DY)

Chart for DY

Over the next 13 weeks, Dycom Industries Inc. has on average historically risen by 5.5% based on the past 26 years of stock performance.

Dycom Industries Inc. has risen higher by an average 5.5% in 15 of those 26 years over the subsequent 13 week period,corresponding to a historical probability of 57%

The holding period that leads to the greatest annualized return for Dycom Industries Inc., based on historical prices, is 1 week. Should Dycom Industries Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 193% could result.

FIVE PRIME THERAPEUTICS (FPRX)

Chart for FPRX

Over the next 13 weeks, FIVE PRIME THERAPEUTICS has on average historically risen by 54.1% based on the past 3 years of stock performance.

FIVE PRIME THERAPEUTICS has risen higher by an average 54.1% in 3 of those 3 years over the subsequent 13 week period,corresponding to a historical probability of 100%

The holding period that leads to the greatest annualized return for FIVE PRIME THERAPEUTICS, based on historical prices, is 17 weeks. Should FIVE PRIME THERAPEUTICS stock move in the future similarly to its average historical movement over this duration, an annualized return of 293% could result.

Momo Inc. (MOMO)

Chart for MOMO

Over the next 13 weeks, Momo Inc. has on average historically risen by 13.2% based on the past 2 years of stock performance.

Momo Inc. has risen higher by an average 13.2% in 1 of those 2 years over the subsequent 13 week period,corresponding to a historical probability of 50%

The holding period that leads to the greatest annualized return for Momo Inc., based on historical prices, is 1 week. Should Momo Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 635% could result.

Palo Alto Networks Inc (PANW)

Chart for PANW

Over the next 13 weeks, Palo Alto Networks Inc has on average historically risen by 5.6% based on the past 5 years of stock performance.

Palo Alto Networks Inc has risen higher by an average 5.6% in 3 of those 5 years over the subsequent 13 week period,corresponding to a historical probability of 60%

The holding period that leads to the greatest annualized return for Palo Alto Networks Inc, based on historical prices, is 3 weeks. Should Palo Alto Networks Inc stock move in the future similarly to its average historical movement over this duration, an annualized return of 138% could result.

September 1st Daily Market Comments

Expects some profit-taking today, but there is not yet anything showing any change of the bullish investor sentiment. The indexes are now approaching potential resistance levels. The transportation index has hit the 50 day moving average. The NASDAQ is approaching the all-time high of a month ago. However, overall there are numerous stocks that have come back and use the T-line as support and continuing their uptrends. This visual assessment indicates there is no real bearish pressure on the markets. Stay predominantly long but be prepared to take profits on any signs of weakness.

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