September 22nd Daily Market Comments

The markets are still indicating consolidation. The Dow is trading lower, the transportation index is trading higher, the NASDAQ and S&P 500 are trading slightly lower but above where they opened. This is evidence there is no convincing selling, merely just profit-taking. These market conditions still provide good bullish moves as well as good bearish moves. Have both long and short positions in the portfolio. This is why we recommend Trend Analysis.

 

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September 21st Daily Market Comments

The indexes are continuing to demonstrate consolidation during the uptrend, not any major change of investor sentiment. The Dow is used the 3T-line as support Today, the S&P 500 has use the T-line as support. The NASDAQ is showing the most weakness, after a series of Doji’s it is currently trading below the T-line. The transportation index is trading higher. The accumulative analysis of all the indexes merely indicate shifting of funds, no major exodus from the markets. Continue to use the signals and the T-line to stay predominantly long with some short positions in the portfolio.

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Trending Stocks: HTHT, QDEL, RGR, TMUS

China Lodging Group, Limited (HTHT)

Chart for HTHT

Over the next 13 weeks, China Lodging Group, Limited has on average historically risen by 5% based on the past 7 years of stock performance.

China Lodging Group, Limited has risen higher by an average 5% in 4 of those 7 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 China Lodging Group, Limited, based on historical prices, is 7 weeks. Should China Lodging Group, Limited stock move in the future similarly to its average historical movement over this duration, an annualized return of 54% could result.

Quidel Corp. (QDEL)

Chart for QDEL

Over the next 13 weeks, Quidel Corp. has on average historically risen by 9% based on the past 36 years of stock performance.

Quidel Corp. has risen higher by an average 9% in 20 of those 36 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 Quidel Corp., based on historical prices, is 12 weeks. Should Quidel Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 41% could result.

Sturm, Ruger & Co. Inc. (RGR)

Chart for RGR

Over the next 13 weeks, Sturm, Ruger & Co. Inc. has on average historically fallen by 5.3% based on the past 44 years of stock performance.

Sturm, Ruger & Co. Inc. has fallen lower by an average 5.3% in 30 of those 44 years over the subsequent 13 week period,corresponding to a historical probability of 68%

The holding period that leads to the greatest annualized return for Sturm, Ruger & Co. Inc., based on historical prices, is 34 weeks. Should Sturm, Ruger & Co. Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 15% could result.

T-Mobile US Inc (TMUS)

Chart for TMUS

Over the next 13 weeks, T-Mobile US Inc has on average historically fallen by 5.3% based on the past 10 years of stock performance.

T-Mobile US Inc has fallen lower by an average 5.3% 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 T-Mobile US Inc, based on historical prices, is 38 weeks. Should T-Mobile US Inc 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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September 20th Daily Market Comments

Market consolidation? The Dow, S&P 500, and the NASDAQ are trading slightly lower, but only slightly. Nothing yet has shown there is any candlestick reversal signal, indicating a change of the current uptrend. But another important factor is illustrated in the transportation index, it is trading up strong Today after showing support on the T-line yesterday. Simple market trend evaluation indicates when one index is continuing to trade strong while other indexes are soggy, this is merely consolidation. Continue to hold long positions as long as they are maintaining above the T-line and have a few short positions in the portfolio.

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September 19th Daily Market Comments

Nothing has changed in the trend of investor sentiment, a slow steady uptrend with the most obvious strength remaining in the Dow. The only caution is that the Dow has now had a trend move after it broke out through the wedge formation of the same magnitude of the last strong trend prior to the wedge formation. This would suggest profit-taking should start occurring relatively soon. Until there is evidence of profit-taking, continue to utilize the bullish candlestick charts until sell signals appear.

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September 18th Daily Market Comments

Today’s Bullish trading continues the uptrend in the Dow but more importantly moves the NASDAQ into new high territory after Friday’s Bullish Engulfing Signal right on the T-line. The uptrend remains in progress until there is a definite reversal signal. This is making many of the candlestick patterns performing extremely profitably. IE. NVDA, SGMO, BLCM. Frypan Bottom patterns and J-hook patterns are producing very strong profits over the past few days of trading. Stay predominantly long.

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Trending Stocks: BITA, CSOD, RARE

Bitauto Holdings Ltd. (BITA)

Chart for BITA

Over the next 13 weeks, Bitauto Holdings Ltd. has on average historically risen by 9.2% based on the past 6 years of stock performance.

Bitauto Holdings Ltd. has risen higher by an average 9.2% in 2 of those 6 years over the subsequent 13 week period,corresponding to a historical probability of 33%

The holding period that leads to the greatest annualized return for Bitauto Holdings Ltd., based on historical prices, is 52 weeks. Should Bitauto Holdings Ltd. stock move in the future similarly to its average historical movement over this duration, an annualized return of 103% could result.

Cornerstone OnDemand, Inc. (CSOD)

Chart for CSOD

Over the next 13 weeks, Cornerstone OnDemand, Inc. has on average historically fallen by 5.3% based on the past 6 years of stock performance.

Cornerstone OnDemand, Inc. has fallen lower by an average 5.3% in 4 of those 6 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 Cornerstone OnDemand, Inc., based on historical prices, is 50 weeks. Should Cornerstone OnDemand, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 24% could result.

ULTRAGENYX PHARMA (RARE)

Chart for RARE

Over the next 13 weeks, ULTRAGENYX PHARMA has on average historically fallen by 8.3% based on the past 3 years of stock performance.

ULTRAGENYX PHARMA has fallen lower by an average 8.3% 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 ULTRAGENYX PHARMA, based on historical prices, is 2 weeks. Should ULTRAGENYX PHARMA stock move in the future similarly to its average historical movement over this duration, an annualized return of 268% could result.

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September 15th Daily Market Comments

Where do the most powerful candlestick formations occur? At obvious breakout levels everybody else is watching. J-hook Patterns off of obvious support levels i.e. BLCM. Best friend breakouts through resistance i.e. ABEO. McMuffin pattern off of support, through resistance, i.e. BGNE. Knowing what individual signals and patterns demonstrate as far as investor sentiment, and seeing them occur at obvious breakout levels allows candlestick investors to get into high profit/high probability trades set ups before everybody else. Add the fact that candlestick charts provide much more clarity as far as analyzing the overall market trend, as the current uptrend is clearly visible based upon the Dow breaking out through a wedge pattern and the NASDAQ forming a Kicker Signal off the T-line this past week, dramatically improves the probabilities of being in the right direction at the right time. Stay predominantly long.

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September 14th Daily Market Comments

The market indexes opened lower today but now trading above where they opened, indicating after the initial selling on the open, the Bulls are still moving the current breakout trend in a positive direction. The candlestick patterns continue to work well, the Frypan Bottoms i.e. DVAX and the J-hook/Bobble Breakout Patterns i.e. CRC, AXTI. When the market trend acts with consistency, as seen after the Best Friend Breakout of the Dow, the High Profit Candlestick Signals and patterns produce high probability profitable trade set ups.

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Trending Stocks: DIN, MTZ, PRGS, USG, W

DineEquity, Inc. (DIN)

Chart for DIN

Over the next 13 weeks, DineEquity, Inc. has on average historically risen by 6.2% based on the past 26 years of stock performance.

DineEquity, Inc. has risen higher by an average 6.2% 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 DineEquity, Inc., based on historical prices, is 35 weeks. Should DineEquity, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 25% could result.

MasTec, Inc. (MTZ)

Chart for MTZ

Over the next 13 weeks, MasTec, Inc. has on average historically risen by 5.5% based on the past 45 years of stock performance.

MasTec, Inc. has risen higher by an average 5.5% in 20 of those 45 years over the subsequent 13 week period,corresponding to a historical probability of 44%

The holding period that leads to the greatest annualized return for MasTec, Inc., based on historical prices, is 19 weeks. Should MasTec, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 34% could result.

Progress Software Corp. (PRGS)

Chart for PRGS

Over the next 13 weeks, Progress Software Corp. has on average historically risen by 9.8% based on the past 26 years of stock performance.

Progress Software Corp. has risen higher by an average 9.8% in 20 of those 26 years over the subsequent 13 week period,corresponding to a historical probability of 76%

The holding period that leads to the greatest annualized return for Progress Software Corp., based on historical prices, is 1 week. Should Progress Software Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 84% could result.

USG Corporation (USG)

Chart for USG

Over the next 13 weeks, USG Corporation has on average historically risen by 5.6% based on the past 24 years of stock performance.

USG Corporation has risen higher by an average 5.6% in 15 of those 24 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 USG Corporation, based on historical prices, is 2 weeks. Should USG Corporation stock move in the future similarly to its average historical movement over this duration, an annualized return of 67% could result.

Wayfair Inc (W)

Chart for W

Over the next 13 weeks, Wayfair Inc has on average historically risen by 8.2% based on the past 2 years of stock performance.

Wayfair Inc has risen higher by an average 8.2% 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 Wayfair Inc, based on historical prices, is 3 weeks. Should Wayfair Inc stock move in the future similarly to its average historical movement over this duration, an annualized return of 91% could result.


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