Trending Stocks: ALNY, DXPE, MTSI, SINA, WB

Alnylam Pharmaceuticals, Inc. (ALNY)

Chart for ALNY

Over the next 13 weeks, Alnylam Pharmaceuticals, Inc. has on average historically risen by 18.5% based on the past 12 years of stock performance.

Alnylam Pharmaceuticals, Inc. has risen higher by an average 18.5% in 8 of those 12 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 Alnylam Pharmaceuticals, Inc., based on historical prices, is 2 weeks. Should Alnylam Pharmaceuticals, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 119% could result.

DXP Enterprises, Inc. (DXPE)

Chart for DXPE

Over the next 13 weeks, DXP Enterprises, Inc. has on average historically risen by 17.3% based on the past 19 years of stock performance.

DXP Enterprises, Inc. has risen higher by an average 17.3% in 9 of those 19 years over the subsequent 13 week period,corresponding to a historical probability of 47%

The holding period that leads to the greatest annualized return for DXP Enterprises, Inc., based on historical prices, is 1 week. Should DXP Enterprises, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 298% could result.

M/A-Com Technology Solutions Holdings, Inc. (MTSI)

Chart for MTSI

Over the next 13 weeks, M/A-Com Technology Solutions Holdings, Inc. has on average historically risen by 6.2% based on the past 5 years of stock performance.

M/A-Com Technology Solutions Holdings, Inc. has risen higher by an average 6.2% 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 M/A-Com Technology Solutions Holdings, Inc., based on historical prices, is 4 weeks. Should M/A-Com Technology Solutions Holdings, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 129% could result.

Sina Corporation (SINA)

Chart for SINA

Over the next 13 weeks, Sina Corporation has on average historically risen by 12.5% based on the past 17 years of stock performance.

Sina Corporation has risen higher by an average 12.5% in 8 of those 17 years over the subsequent 13 week period,corresponding to a historical probability of 47%

The holding period that leads to the greatest annualized return for Sina Corporation, based on historical prices, is 1 week. Should Sina Corporation stock move in the future similarly to its average historical movement over this duration, an annualized return of 384% could result.

Weibo Corporation (WB)

Chart for WB

Over the next 13 weeks, Weibo Corporation has on average historically risen by 25.2% based on the past 3 years of stock performance.

Weibo Corporation has risen higher by an average 25.2% 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 Weibo Corporation, based on historical prices, is 4 weeks. Should Weibo Corporation stock move in the future similarly to its average historical movement over this duration, an annualized return of 169% could result.

May 17th Daily Market Comments

Knee-jerk reaction or a major change of investor sentiment? That question will be best answered on what type of candlestick formation is created in today’s trading. If the trading remains toward the lower end of today’s trading range, it now becomes a Bearish Best Friend Signal in the Dow, a Doji followed by a Gap Down. The NASDAQ would be a Hanging Man Signal followed by a Gap Down. If the markets trade near the top end of their trading range Today, creating indecisive/Hammer type signals, that would reveal Today’s profit-taking was merely profit-taking. The end of Today’s trading will provide more clarity as to which individual stock charts need to be closed based upon confirmed sell signals/weakness. Today is a perfect example on how prices/trends do not move based upon fundamentals, but move based upon investor sentiment. Obviously, the fundamentals of yesterday are no different than Today. It will be important to see how the markets close Today.

May 16th Daily Market Comments

After opening positive this morning but now currently trading a little bit lower the market indexes still have not shown anything that  would show any change of investor sentiment. Unless there is a dramatic sell signal in the markets, as long as the indexes continue to trade above the T-line it has to be assumed the uptrend is in progress. This is allowing candlestick charts to produce big profits without any major worry of selling occurring in the market, i.e. SINA,NVDA,AMZN, VRX, AKBA.  The probabilities of Candlestick Pattern Breakouts remain very strong when there is nothing in the markets that show potential reversals.

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May 15th Daily Market Comments

Today’s positive trading affirms the lack of strength from the Bears, which would have been a viable prospect with the Dow and S&P 500 closing below the T-line a couple times last week. However, as can be seen in the Dow and S&P 500 candlestick formations, the Doji’s/Hammer Signals illustrated a lack of decisiveness. Today’s positive trading is currently bringing all the indexes backup above the T-line. The NASDAQ, trading in decisively each day last week, could never close below the T-line. The same prognosis remains, the uptrend remains in progress as long as the indexes continue to close above the T-line.

Trending Stocks: COUP, PEGA, RGLD

Coupa Software (COUP)

Chart for COUP

Over the next 13 weeks, Coupa Software has on average historically fallen by 5.7% based on the past 2 years of stock performance.

Coupa Software has fallen lower by an average 5.7% 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 Coupa Software, based on historical prices, is 4 weeks. Should Coupa Software stock move in the future similarly to its average historical movement over this duration, an annualized return of 286% could result.

Pegasystems Inc. (PEGA)

Chart for PEGA

Over the next 13 weeks, Pegasystems Inc. has on average historically risen by 15.5% based on the past 20 years of stock performance.

Pegasystems Inc. has risen higher by an average 15.5% in 14 of those 20 years over the subsequent 13 week period,corresponding to a historical probability of 70%

The holding period that leads to the greatest annualized return for Pegasystems Inc., based on historical prices, is 3 weeks. Should Pegasystems Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 221% could result.

Royal Gold, Inc. (RGLD)

Chart for RGLD

Over the next 13 weeks, Royal Gold, Inc. has on average historically risen by 29.9% based on the past 27 years of stock performance.

Royal Gold, Inc. has risen higher by an average 29.9% in 13 of those 27 years over the subsequent 13 week period,corresponding to a historical probability of 48%

The holding period that leads to the greatest annualized return for Royal Gold, Inc., based on historical prices, is 5 weeks. Should Royal Gold, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 377% could result.

May 12th Daily Market Comments

The Doji/Hammer type signals that formed in the Dow and S&P 500 Yesterday demonstrated that the Bulls have not left the market yet. But a lower open in those indexes today indicated the lack of any significant Bullish buying, keeping the overall market trend in a sideways/slightly downward trend. The term slightly downward is illustrated by the fact that numerous stocks are still trading positive, especially the biggies, AMZN. AAPL,NFLX, NVDA. These market indications continue to make a slowed downward drifting market the likely prospect until something major occurs to create new confidence coming out of Washington DC. Continue to concentrate on specific stock chart patterns, both on the long side and the short side. This is why we recommend Trend Analysis.

Trending Stocks: LGIH, PTLA, SYKE, W, WRLD

LGI HOMES INC (LGIH)

Chart for LGIH

Over the next 13 weeks, LGI HOMES INC has on average historically risen by 19.9% based on the past 3 years of stock performance.

LGI HOMES INC has risen higher by an average 19.9% 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 LGI HOMES INC, based on historical prices, is 8 weeks. Should LGI HOMES INC stock move in the future similarly to its average historical movement over this duration, an annualized return of 134% could result.

Portola Pharmaceuticals, Inc. (PTLA)

Chart for PTLA

Over the next 13 weeks, Portola Pharmaceuticals, Inc. has on average historically risen by 20.9% based on the past 3 years of stock performance.

Portola Pharmaceuticals, Inc. has risen higher by an average 20.9% 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 Portola Pharmaceuticals, Inc., based on historical prices, is 1 week. Should Portola Pharmaceuticals, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 194% could result.

Sykes Enterprises, Incorporated (SYKE)

Chart for SYKE

Over the next 13 weeks, Sykes Enterprises, Incorporated has on average historically risen by 4.8% based on the past 21 years of stock performance.

Sykes Enterprises, Incorporated has risen higher by an average 4.8% in 12 of those 21 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 Sykes Enterprises, Incorporated, based on historical prices, is 1 week. Should Sykes Enterprises, Incorporated stock move in the future similarly to its average historical movement over this duration, an annualized return of 239% could result.

Wayfair Inc (W)

Chart for W

Over the next 13 weeks, Wayfair Inc has on average historically risen by 28.8% based on the past 2 years of stock performance.

Wayfair Inc has risen higher by an average 28.8% in 2 of those 2 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 Wayfair Inc, based on historical prices, is 1 week. Should Wayfair Inc stock move in the future similarly to its average historical movement over this duration, an annualized return of 255% could result.

World Acceptance Corp. (WRLD)

Chart for WRLD

Over the next 13 weeks, World Acceptance Corp. has on average historically risen by 5% based on the past 25 years of stock performance.

World Acceptance Corp. has risen higher by an average 5% in 15 of those 25 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 World Acceptance Corp., based on historical prices, is 4 weeks. Should World Acceptance Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 25% could result.

May 11th Daily Market Comments

As illustrated in the Dow chart yesterday, a close below the T-line was an indication there might be some consolidation over the next few days. The NASDAQ is currently trading right at the T-line. The S&P 500 is trading below the T-line. Except for the NASDAQ, the other indexes are showing weakness/sell signals at the same levels the indexes topped out back in March. The main driving force of the markets are still predicated upon the expectations of things getting done in Washington DC. The market itself acts as a barometer as to what investor sentiment feels is being accomplished between our illustrious politicians. Expects some more sideways/consolidation.

May 10th Daily Market Comments

The NASDAQ, although selling lower today so far, is still supporting on the 3T-line. The S&P 500 has supported on the T-line. The Dow is showing the greatest weakness with it trading below the T-line, but not yet showing any decisive movement either Bullish or Bearish. The most profitable/productive trades continue to be results of Candlestick Patterns, Frypan Bottoms and J-hook Patterns. The overall market uptrend remains in progress albeit very slow. This is why we recommend Trend Analysis.

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