Archives for December 2016

December 13th Daily Market Comments

The concern that the Dow has gapped up in the overbought condition is offset by the fact that the other indexes are trading positive without any signs yet of exuberance. The gap up in the Dow needs to be watched closely. If trading came back down through today’s open, that would be an indication that some profit-taking was occurring in the Dow stocks. However, this does not infer that the other indexes, which have recently been trading somewhat independent of each other, would not continue the uptrend. Stay predominantly long but be protective of profits.

 

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December 12th Daily Market Comments

Are the market indexes running out of steam? It doesn’t look like it. The Dow continues to trade higher, the S&P 500 is relatively flat today, and the NASDAQ is trading lower, but not with any great decisiveness. This would indicate that the market levels have now reached the area where each stocks/sector will now be trading on its own merits. Although the markets may not be going up with any great force, there will be specific sectors that still move with strength to the upside as well as others to the downside.

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Trending Stocks: AAMC, CGNX, EW, LULU, MEI, YY

ALTISOURCE ASSET MGMT (AAMC)

Chart for AAMC

Over the next 13 weeks, ALTISOURCE ASSET MGMT has on average historically fallen by 23.3% based on the past 4 years of stock performance.

ALTISOURCE ASSET MGMT has fallen lower by an average 23.3% 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 ALTISOURCE ASSET MGMT, based on historical prices, is 3 weeks. Should ALTISOURCE ASSET MGMT stock move in the future similarly to its average historical movement over this duration, an annualized return of 42% could result.

Cognex Corporation (CGNX)

Chart for CGNX

Over the next 13 weeks, Cognex Corporation has on average historically risen by 11.2% based on the past 27 years of stock performance.

Cognex Corporation has risen higher by an average 11.2% in 17 of those 27 years over the subsequent 13 week period,corresponding to a historical probability of 62%

The holding period that leads to the greatest annualized return for Cognex Corporation, based on historical prices, is 4 weeks. Should Cognex Corporation stock move in the future similarly to its average historical movement over this duration, an annualized return of 95% could result.

Edwards Life (EW)

Chart for EW

Over the next 13 weeks, Edwards Life has on average historically risen by 9% based on the past 16 years of stock performance.

Edwards Life has risen higher by an average 9% in 14 of those 16 years over the subsequent 13 week period,corresponding to a historical probability of 87%

The holding period that leads to the greatest annualized return for Edwards Life, based on historical prices, is 2 weeks. Should Edwards Life stock move in the future similarly to its average historical movement over this duration, an annualized return of 87% could result.

lululemon athletica inc. (LULU)

Chart for LULU

Over the next 13 weeks, lululemon athletica inc. has on average historically risen by 9.2% based on the past 9 years of stock performance.

lululemon athletica inc. has risen higher by an average 9.2% in 5 of those 9 years over the subsequent 13 week period,corresponding to a historical probability of 55%

The holding period that leads to the greatest annualized return for lululemon athletica inc., based on historical prices, is 3 weeks. Should lululemon athletica inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 112% could result.

Methode Electronics Inc. (MEI)

Chart for MEI

Over the next 13 weeks, Methode Electronics Inc. has on average historically risen by 8.3% based on the past 26 years of stock performance.

Methode Electronics Inc. has risen higher by an average 8.3% in 14 of those 26 years over the subsequent 13 week period,corresponding to a historical probability of 53%

The holding period that leads to the greatest annualized return for Methode Electronics Inc., based on historical prices, is 1 week. Should Methode Electronics Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 141% could result.

YY Inc. (YY)

Chart for YY

Over the next 13 weeks, YY Inc. has on average historically risen by 13.5% based on the past 4 years of stock performance.

YY Inc. has risen higher by an average 13.5% 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 YY Inc., based on historical prices, is 47 weeks. Should YY Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 89% could result.

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December 8th Daily Market Comments

The market indexes continue to show great resiliency. The uptrend remains obviously in progress but be aware that the indexes have all moved substantially away from the T-line. This would imply some consolidation in the near future. Consolidation can consist of the markets moving sideways for a few days or some profit-taking pullback. Stay long until there is a definite reversal signal in the indexes and/or individual stock positions.

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Trending Stocks: AAMC, BLUE, ONCE, SAGE, Z, ZG

ALTISOURCE ASSET MGMT (AAMC)

Chart for AAMC

Over the next 13 weeks, ALTISOURCE ASSET MGMT has on average historically fallen by 23.3% based on the past 4 years of stock performance.

ALTISOURCE ASSET MGMT has fallen lower by an average 23.3%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 ALTISOURCE ASSET MGMT, based on historical prices, is 3 weeks. Should ALTISOURCE ASSET MGMT stock move in the future similarly to its average historical movement over this duration, an annualized return of 42% could result.

BLUEBIRD BIO INC (BLUE)

Chart for BLUE

Over the next 13 weeks, BLUEBIRD BIO INC has on average historically risen by 32% based on the past 3 years of stock performance.

BLUEBIRD BIO INC has risen higher by an average 32%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 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 1194% could result.

Spark Therapeutics Inc (ONCE)

Chart for ONCE

Over the next 13 weeks, Spark Therapeutics Inc has on average historically risen by 7.8% based on the past 1 years of stock performance.

Spark Therapeutics Inc has risen higher by an average 7.8%in 1 of those 1 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 Spark Therapeutics Inc, based on historical prices, is 3 weeks. Should Spark Therapeutics Inc stock move in the future similarly to its average historical movement over this duration, an annualized return of 519% could result.

Sage Therapeutics, Inc. (SAGE)

Chart for SAGE

Over the next 13 weeks, Sage Therapeutics, Inc. has on average historically fallen by 17.3% based on the past 2 years of stock performance.

Sage Therapeutics, Inc. has fallen lower by an average 17.3%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 Sage Therapeutics, Inc., based on historical prices, is 2 weeks. Should Sage Therapeutics, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 136% could result.

Zillow, Inc. (Z)

Chart for Z

Over the next 13 weeks, Zillow, Inc. has on average historically risen by 18.6% based on the past 5 years of stock performance.

Zillow, Inc. has risen higher by an average 18.6%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 Zillow, Inc., based on historical prices, is 37 weeks. Should Zillow, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 115% could result.

Zillow, Inc. (ZG)

Chart for ZG

Over the next 13 weeks, Zillow, Inc. has on average historically risen by 18.6% based on the past years of stock performance.

Zillow, Inc. has risen higher by an average 18.6%in 3 of those years over the subsequent 13 week period,corresponding to a historical probability of 0%

The holding period that leads to the greatest annualized return for Zillow, Inc., based on historical prices, is 1 week. Should Zillow, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 113% could result.

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December 7th Daily Market Comments

Note that the Dow is trading at the top of a trend channel, drawing a trend line through the April top and the July top. This is another good illustration that after the markets moved sideways for four months over the summer, the trading has now moved back up to what the upward trajectory would have been. This makes for being prepared for some profit-taking soon.

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Trending Stocks: BLUE, CLC, DCI, FLS, GM, LAZ

BLUEBIRD BIO INC (BLUE)

Chart for BLUE

Over the next 13 weeks, BLUEBIRD BIO INC has on average historically risen by 31.8% based on the past 3 years of stock performance.

BLUEBIRD BIO INC has risen higher by an average 31.8% 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 BLUEBIRD BIO INC, based on historical prices, is 2 weeks. Should BLUEBIRD BIO INC stock move in the future similarly to its average historical movement over this duration, an annualized return of 736% could result.

CLARCOR Inc. (CLC)

Chart for CLC

Over the next 13 weeks, CLARCOR Inc. has on average historically risen by 5.9% based on the past 26 years of stock performance.

CLARCOR Inc. has risen higher by an average 5.9%in 18 of those 26 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 CLARCOR Inc., based on historical prices, is 1 week. Should CLARCOR Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 61% could result.

Donaldson Co. Inc. (DCI)

Chart for DCI

Over the next 13 weeks, Donaldson Co. Inc. has on average historically risen by 5% based on the past 29 years of stock performance.

Donaldson Co. Inc. has risen higher by an average 5%in 16 of those 29 years over the subsequent 13 week period,corresponding to a historical probability of 55%

The holding period that leads to the greatest annualized return for Donaldson Co. Inc., based on historical prices, is 1 week. Should Donaldson Co. Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 69% could result.

FlowServe (FLS)

Chart for FLS

Over the next 13 weeks, FlowServe has on average historically risen by 5.7% based on the past 26 years of stock performance.

FlowServe has risen higher by an average 5.7%in 16 of those 26 years over the subsequent 13 week period,corresponding to a historical probability of 61%

The holding period that leads to the greatest annualized return for FlowServe, based on historical prices, is 24 weeks. Should FlowServe stock move in the future similarly to its average historical movement over this duration, an annualized return of 38% could result.

General Motors (GM)

Chart for GM

Over the next 13 weeks, General Motors has on average historically risen by 4.6% based on the past 6 years of stock performance.

General Motors has risen higher by an average 4.6%in 3 of those 6 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 General Motors, based on historical prices, is 1 week. Should General Motors stock move in the future similarly to its average historical movement over this duration, an annualized return of 125% could result.

Lazard Ltd. (LAZ)

Chart for LAZ

Over the next 13 weeks, Lazard Ltd. has on average historically risen by 8.2% based on the past 11 years of stock performance.

Lazard Ltd. has risen higher by an average 8.2%in 7 of those 11 years over the subsequent 13 week period,corresponding to a historical probability of 63%

The holding period that leads to the greatest annualized return for Lazard Ltd., based on historical prices, is 1 week. Should Lazard Ltd. stock move in the future similarly to its average historical movement over this duration, an annualized return of 47% could result.

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December 1st Daily Market Comments

The candlestick charts allow for observing the obvious. Opinions about politics are discouraged in the candlestick forum chat room. However, when the results of political events appear to be affecting investor sentiment, that should be acknowledged.

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Trending Stocks: AGM, ALXN, BERY, BLUE, PATK, THO

Federal Agricultural Mortgage Corp. (AGM)

Chart for AGM

Over the next 13 weeks, Federal Agricultural Mortgage Corp. has on average historically risen by 9% based on the past 21 years of stock performance.

Federal Agricultural Mortgage Corp. has risen higher by an average 9%in 13 of those 21 years over the subsequent 13 week period, corresponding to a historical probability of 61%.

The holding period that leads to the greatest annualized return for Federal Agricultural Mortgage Corp., based on historical prices, is 3 weeks. Should Federal Agricultural Mortgage Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 62% could result.

Alexion Pharma (ALXN)

Chart for ALXN

Over the next 13 weeks, Alexion Pharma has on average historically risen by 24.6% based on the past 20 years of stock performance.

Alexion Pharma has risen higher by an average 24.6%in 12 of those 20 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 Alexion Pharma, based on historical prices, is 12 weeks. Should Alexion Pharma stock move in the future similarly to its average historical movement over this duration, an annualized return of 101% could result.

Berry Plastics Group, Inc. (BERY)

Chart for BERY

Over the next 13 weeks, Berry Plastics Group, Inc. has on average historically risen by 11.3% based on the past 4 years of stock performance.

Berry Plastics Group, Inc. has risen higher by an average 11.3%in 3 of those 4 years over the subsequent 13 week period, corresponding to a historical probability of 75%.

The holding period that leads to the greatest annualized return for Berry Plastics Group, Inc., based on historical prices, is 1 week. Should Berry Plastics Group, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 163% could result.

BLUEBIRD BIO INC (BLUE)

Chart for BLUE

Over the next 13 weeks, BLUEBIRD BIO INC has on average historically risen by 31.8% based on the past 3 years of stock performance.

BLUEBIRD BIO INC has risen higher by an average 31.8%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 BLUEBIRD BIO INC, based on historical prices, is 2 weeks. Should BLUEBIRD BIO INC stock move in the future similarly to its average historical movement over this duration, an annualized return of 736% could result.

Patrick Industries Inc. (PATK)

Chart for PATK

Over the next 13 weeks, Patrick Industries Inc. has on average historically risen by 14.9% based on the past 26 years of stock performance.

Patrick Industries Inc. has risen higher by an average 14.9%in 18 of those 26 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 Patrick Industries Inc., based on historical prices, is 18 weeks. Should Patrick Industries Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 76% could result.

Thor Industries Inc. (THO)

Chart for THO

Over the next 13 weeks, Thor Industries Inc. has on average historically risen by 8.5% based on the past 29 years of stock performance.

Thor Industries Inc. has risen higher by an average 8.5%in 18 of those 29 years over the subsequent 13 week period, corresponding to a historical probability of 62%.

The holding period that leads to the greatest annualized return for Thor Industries Inc., based on historical prices, is 2 weeks. Should Thor Industries Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 100% could result.

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