Trending Stocks: CTLT, JUNO, QDEL

Catalent Inc (CTLT)

Chart for CTLT

Over the next 13 weeks, Catalent Inc has on average historically risen by 5% based on the past 3 years of stock performance.

Catalent Inc has risen higher by an average 5% 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 Catalent Inc, based on historical prices, is 1 week. Should Catalent Inc stock move in the future similarly to its average historical movement over this duration, an annualized return of 57% could result.

Juno Therapeutics (JUNO)

Chart for JUNO

Over the next 13 weeks, Juno Therapeutics has on average historically risen by 15.4% based on the past 2 years of stock performance.

Juno Therapeutics has risen higher by an average 15.4% 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 Juno Therapeutics, based on historical prices, is 7 weeks. Should Juno Therapeutics stock move in the future similarly to its average historical movement over this duration, an annualized return of 62% could result.

Quidel Corp. (QDEL)

Chart for QDEL

Over the next 13 weeks, Quidel Corp. has on average historically risen by 8% based on the past 25 years of stock performance.

Quidel Corp. has risen higher by an average 8% in 14 of those 25 years over the subsequent 13 week period,corresponding to a historical probability of 56%

The holding period that leads to the greatest annualized return for Quidel Corp., based on historical prices, is 1 week. Should Quidel Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 122% could result.

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August 31st Daily Market Comments

The Bullish trading Yesterday confirmed the market indexes Left/Right Combo Signals. The downtrending channel of the past month was breached to the upside yesterday, confirming the Left Right combo. This produce high probabilities that prices were moving higher. Knowing the high profit signals, such as the Doji Sandwich that is forming in NVDA and JKS, or the slow curve pattern that developed in CLMT, puts the candlestick investor and not only the right direction at the right time but also in trade set ups that will produce excessive returns. Currently, it has to be assumed the uptrend should be in progress, the probabilities indicate a wave three.

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August 30th Daily Market Comments

The Dow and S&P 500 are trading relatively flat, the same nature of how they have traded over the past few weeks. This is still a function of the summer doldrums as well as the lack of activity in Washington DC. However, the NASDAQ is showing a possible breakout of the Downtrending Channel after Yesterday’s Left/Right Combo signal. The market conditions are still producing the trading format for analyzing each individual stock chart on its own merit, the markets are not going to be a major influence.

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August 29th Daily Market Comments

The nature of the market has been indecisive for the past few weeks. An event like the North Korean missile rocket launch has a more bearish reaction that if the nature of the market had been solidly positive. However, after the Dow opened down 125 points, it has climbed up to where it is often only 40 points. This indicates the initial selling was merely a knee-jerk reaction versus the start of a major selloff. The Dow has currently supported at the 50 Day Moving Average but still indicating a sideways mode of the trend. The NASDAQ and the S&P 500 are not showing any aggressive selling, the NASDAQ trading well above its open. The lack of overall market direction continues to make each individual stock chart the top analytical factor.

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Trending Stocks: JUNO, SIG, SPLK

Juno Therapeutics (JUNO)

Chart for JUNO

Over the next 13 weeks, Juno Therapeutics has on average historically risen by 5% based on the past 2 years of stock performance.

Juno Therapeutics has risen higher by an average 5% 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 Juno Therapeutics, based on historical prices, is 13 weeks. Should Juno Therapeutics stock move in the future similarly to its average historical movement over this duration, an annualized return of 20% could result.

Signet Jewelers Ltd. (SIG)

Chart for SIG

Over the next 13 weeks, Signet Jewelers Ltd. has on average historically risen by 5.8% based on the past 22 years of stock performance.

Signet Jewelers Ltd. has risen higher by an average 5.8% in 16 of those 22 years over the subsequent 13 week period,corresponding to a historical probability of 72%

The holding period that leads to the greatest annualized return for Signet Jewelers Ltd., based on historical prices, is 2 weeks. Should Signet Jewelers Ltd. stock move in the future similarly to its average historical movement over this duration, an annualized return of 52% could result.

Splunk Inc. (SPLK)

Chart for SPLK

Over the next 13 weeks, Splunk Inc. has on average historically risen by 9.5% based on the past 5 years of stock performance.

Splunk Inc. has risen higher by an average 9.5% in 2 of those 5 years over the subsequent 13 week period,corresponding to a historical probability of 40%

The holding period that leads to the greatest annualized return for Splunk Inc., based on historical prices, is 4 weeks. Should Splunk Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 153% could result.

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August 28th Daily Market Comments

Although the hurricane damage in Texas is dominating the news, the markets are not doing anything more relevant than what their existing trend sentiment was exhibiting all last week, merely sideways, noncommittal direction. This lack of direction can be contributed to the last week of the summer doldrums, as well as the hurricane throwing a little bit of indecision into most people’s market evaluation. Continue to use each individual stock chart as the prime analysis.

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August 25th Daily Market Comments

Today’s positive trading in the markets are still under the influence of the downtrending channel. The upper resistance level of the trend channel has not yet been breached. This puts the market sentiment still in a indecisive and possibly a lower trend channel continuation until the upper resistance level can be broken. Each individual stock chart and/or sector remains the main criteria for establishing long or short positions. Strong candlestick buy signals are easily identified, i.e. PI and strong sell patterns continue to demonstrate good short positioning, i.e.POOL.

 

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Trending Stocks: BITA, FPRX, MZOR, QTWO, VVC

Bitauto Holdings Ltd. (BITA)

Chart for BITA

Over the next 13 weeks, Bitauto Holdings Ltd. has on average historically risen by 16.1% based on the past 6 years of stock performance.

Bitauto Holdings Ltd. has risen higher by an average 16.1% 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 Bitauto Holdings Ltd., based on historical prices, is 15 weeks. Should Bitauto Holdings Ltd. stock move in the future similarly to its average historical movement over this duration, an annualized return of 85% could result.

FIVE PRIME THERAPEUTICS (FPRX)

Chart for FPRX

Over the next 13 weeks, FIVE PRIME THERAPEUTICS has on average historically risen by 41.4% based on the past 3 years of stock performance.

FIVE PRIME THERAPEUTICS has risen higher by an average 41.4% 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 19 weeks. Should FIVE PRIME THERAPEUTICS stock move in the future similarly to its average historical movement over this duration, an annualized return of 237% could result.

Mazor Robotics Ltd. (MZOR)

Chart for MZOR

Over the next 13 weeks, Mazor Robotics Ltd. has on average historically fallen by 6.8% based on the past 4 years of stock performance.

Mazor Robotics Ltd. has fallen lower by an average 6.8% 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 Mazor Robotics Ltd., based on historical prices, is 48 weeks. Should Mazor Robotics Ltd. stock move in the future similarly to its average historical movement over this duration, an annualized return of 37% could result.

Q2 HLDGS INC (QTWO)

Chart for QTWO

Over the next 13 weeks, Q2 HLDGS INC has on average historically risen by 14.8% based on the past 3 years of stock performance.

Q2 HLDGS INC has risen higher by an average 14.8% 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 Q2 HLDGS INC, based on historical prices, is 1 week. Should Q2 HLDGS INC stock move in the future similarly to its average historical movement over this duration, an annualized return of 128% could result.

Vectren Corp. (VVC)

Chart for VVC

Over the next 13 weeks, Vectren Corp. has on average historically risen by 5.6% based on the past 29 years of stock performance.

Vectren Corp. has risen higher by an average 5.6% in 19 of those 29 years over the subsequent 13 week period,corresponding to a historical probability of 65%

The holding period that leads to the greatest annualized return for Vectren Corp., based on historical prices, is 1 week. Should Vectren Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 32% could result.

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August 24th Daily Market Comments

The Resistance Level at the Downtrending channel top continues to act as a resistance level. This is probably the result of the gridlock in our nations capital. The indecisive trend still makes each individual stock and/or sector the prominent analytical factor. The drifting market makes identifying the ultra strong signals more important. Otherwise prices do not appear to have any great Bullish or Bearish forces to help them move.

 

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August 23rd Daily Market Comments

Although the indexes are trading lower, they are trading above where they opened. This is an indication there is any dramatic selling, merely some initial profit-taking from the big move Yesterday followed by some more buying. Also, the indexes are all hovering around the T-line, providing the possibility of the T-line acting as a support level. There is a Downtrending resistance level at the top of the trading ranges of the indexes that still need to be breached to show that wave three is starting. Yesterday’s strong trading after the Doji’s indicates Bullish Sentiment, diminishing the prospects of any further downtrend. Continue to use each individual stock chart as the top criteria for being either long or short.

 

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