Colfax Corp. (CFX)
Chart for CFX
Over the next 13 weeks, Colfax Corp. has on average historically risen by 10.9% based on the past 8 years of stock performance.
Colfax Corp. has risen higherby an average 10.9%in 5 of those 8 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 Colfax Corp., based on historical prices, is 2 weeks. Should Colfax Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 139% could result.
CenturyLink (CTL)
Chart for CTL
Over the next 13 weeks, CenturyLink has on average historically risen by 6.2% based on the past 29 years of stock performance.
CenturyLink has risen higherby an average 6.2%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 CenturyLink, based on historical prices, is 2 weeks. Should CenturyLink stock move in the future similarly to its average historical movement over this duration, an annualized return of 58% could result.
F5 (FFIV)
Chart for FFIV
Over the next 13 weeks, F5 has on average historically risen by 14.4% based on the past 17 years of stock performance.
F5 has risen higherby an average 14.4%in 14 of those 17 years over the subsequent 13 week period,corresponding to a historical probability of 82%
The holding period that leads to the greatest annualized return for F5, based on historical prices, is 1 week. Should F5 stock move in the future similarly to its average historical movement over this duration, an annualized return of 433% could result.
IPG Photonics Corporation (IPGP)
Chart for IPGP
Over the next 13 weeks, IPG Photonics Corporation has on average historically risen by 8.8% based on the past 10 years of stock performance.
IPG Photonics Corporation has risen higherby an average 8.8%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 IPG Photonics Corporation, based on historical prices, is 2 weeks. Should IPG Photonics Corporation stock move in the future similarly to its average historical movement over this duration, an annualized return of 91% could result.
Level 3 Communications Inc. (LVLT)
Chart for LVLT
Over the next 13 weeks, Level 3 Communications Inc. has on average historically risen by 13.1% based on the past 18 years of stock performance.
Level 3 Communications Inc. has risen higherby an average 13.1%in 12 of those 18 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 Level 3 Communications Inc., based on historical prices, is 4 weeks. Should Level 3 Communications Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 77% could result.
October 28th Daily Market Comments
The market trend remains wildly unexciting. The nature of this boring market still makes each individual stock chart the primary analytical factor. The biotech’s are still in a downtrend. Crude oil appears to have stabilized in the $50 area, not moving too much one way or the other from that level. Remaining in any positions should have compelling charts. Having a higher percentage in cash is not a bad strategy at this point.