Archives for October 2016

October 17th Daily Market Comments

Another day of definite indecision in the markets. This continues to make the T-line up very important factor in the analysis of a trend. With no definite direction in the overall market, utilize the buy and sell signals to have both long and short positions in the portfolio during these market conditions. The indexes currently trading below the T-line make the probabilities of a downtrend, albeit a slow downtrend, the likely prognosis.

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Trending Stocks: LNN, ULTA

Lindsay Corporation (LNN)

Chart for LNN

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

Lindsay Corporation has risen higherby an average 5.9%in 15 of those 26 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 Lindsay Corporation, based on historical prices, is 1 week. Should Lindsay Corporation stock move in the future similarly to its average historical movement over this duration, an annualized return of 75% could result.

Ulta Salon, Cosmetics & Fragrance, Inc. (ULTA)

Chart for ULTA

Over the next 13 weeks, Ulta Salon, Cosmetics & Fragrance, Inc. has on average historically risen by 4.2% based on the past 9 years of stock performance.

Ulta Salon, Cosmetics & Fragrance, Inc. has risen higherby an average 4.2%in 6 of those 9 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 Ulta Salon, Cosmetics & Fragrance, Inc., based on historical prices, is 50 weeks. Should Ulta Salon, Cosmetics & Fragrance, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 52% could result.


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October 14th Daily Market Comments

The Doji rule – prices will move in the direction of how they open after a Doji. Today’s positive trading was a Doji yesterday, followed by a gap up in price today in the Dow, the NASDAQ and the S&P 500. This is putting the trading back into the sideways channel. The best friend type signal created by the Doji/gap up should produce a reasonably strong uptrend, provided the trading stays near the top of the trading range today. However, the nature of the trend has been whipsawing up and down for the past four weeks. Until there is a definite change of investor sentiment, a breakout of the sideways market channel, assume the indecisive nature of the market remains.

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Trending Stocks: BLUE, LPLA, MYL, YY

BLUEBIRD BIO INC (BLUE)

Chart for BLUE

Over the next 13 weeks, BLUEBIRD BIO INC has on average historically risen by 47.1% based on the past 3 years of stock performance.

BLUEBIRD BIO INC has risen higherby an average 47.1%in 1 of those 3 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 BLUEBIRD BIO INC, based on historical prices, is 9 weeks. Should BLUEBIRD BIO INC stock move in the future similarly to its average historical movement over this duration, an annualized return of 272% could result.

LPL Financial Holdings Inc. (LPLA)

Chart for LPLA

Over the next 13 weeks, LPL Financial Holdings Inc. has on average historically risen by 11.9% based on the past 6 years of stock performance.

LPL Financial Holdings Inc. has risen higherby an average 11.9%in 5 of those 6 years over the subsequent 13 week period,corresponding to a historical probability of 83%

The holding period that leads to the greatest annualized return for LPL Financial Holdings Inc., based on historical prices, is 3 weeks. Should LPL Financial Holdings Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 107% could result.

Mylan (MYL)

Chart for MYL

Over the next 13 weeks, Mylan has on average historically risen by 7.3% based on the past 29 years of stock performance.

Mylan has risen higherby an average 7.3%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 Mylan, based on historical prices, is 1 week. Should Mylan stock move in the future similarly to its average historical movement over this duration, an annualized return of 94% could result.

YY Inc. (YY)

Chart for YY

Over the next 13 weeks, YY Inc. has on average historically risen by 4.1% based on the past 4 years of stock performance.

YY Inc. has risen higherby an average 4.1%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 1 week. Should YY Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 316% could result.

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October 12th Daily Market Comments

What is the market tell on us? It still does not know which way it wants to go! The T-line still remains a very important support and resistance level. If an up-trending stock does not have enough bearish energy to trade back down below the T-line, assume it’s uptrend remains in progress. If a downtrending stock does not show enough bullish energy to bring it back up through the T-line, assume the downtrend remains in progress.

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October 10th Daily Market Comments

Today’s bullish trading is breaking the Dow up through the top of a wedge formation. The NASDAQ has formed a kicker signal today, confirming a slow curve type pattern that has been maintaining above the T-line. This illustrates a good bullish trend, PROVIDED   today’s bullish strength maintains going into the close.

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Trending Stocks: AA, ICUI, LYB, SYNA

Alcoa (AA)

Chart for AA

Over the next 13 weeks, Alcoa has on average historically risen by 6.4% based on the past 32 years of stock performance.

Alcoa has risen higherby an average 6.4%in 22 of those 32 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 Alcoa, based on historical prices, is 14 weeks. Should Alcoa stock move in the future similarly to its average historical movement over this duration, an annualized return of 28% could result.

ICU Medical, Inc. (ICUI)

Chart for ICUI

Over the next 13 weeks, ICU Medical, Inc. has on average historically risen by 13.7% based on the past 24 years of stock performance.

ICU Medical, Inc. has risen higherby an average 13.7%in 19 of those 24 years over the subsequent 13 week period,corresponding to a historical probability of 79%

The holding period that leads to the greatest annualized return for ICU Medical, Inc., based on historical prices, is 9 weeks. Should ICU Medical, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 70% could result.

LyondellBasell (LYB)

Chart for LYB

Over the next 13 weeks, LyondellBasell has on average historically risen by 16.5% based on the past 6 years of stock performance.

LyondellBasell has risen higherby an average 16.5%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 LyondellBasell, based on historical prices, is 2 weeks. Should LyondellBasell stock move in the future similarly to its average historical movement over this duration, an annualized return of 137% could result.

Synaptics Inc. (SYNA)

Chart for SYNA

Over the next 13 weeks, Synaptics Inc. has on average historically risen by 19.9% based on the past 14 years of stock performance.

Synaptics Inc. has risen higherby an average 19.9%in 11 of those 14 years over the subsequent 13 week period,corresponding to a historical probability of 78%

The holding period that leads to the greatest annualized return for Synaptics Inc., based on historical prices, is 5 weeks. Should Synaptics Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 224% could result.

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October 7th Daily Market Comments

Do you know how to interpret the jobs report? You don’t have to! The market is telling you what it thought of the jobs report. Today’s lower trading still indicates a sideways movie market with no conviction one way or the other. Each long position or short position should have compelling charts. Fortunately, simple candlestick scanning techniques continue to find compelling charts.

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October 6th Daily Market Comments

The markets remain consistently indecisive, up one day down the next, continuing the sideways movement that has been seen in the market ever since early July. These market conditions make utilizing the candlestick signals and the T-line very important for identifying whether a trend is continuing or has reversed. Do not let anyone particular trading day influence being in or out of a position, utilize the T-line to see whether a trend is changed.

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Trending Stocks: AWH, CAB, CASH, ENH, GNRC, WB

Allied World Assurance Co. Holdings Ltd. (AWH)

Chart for AWH

Over the next 13 weeks, Allied World Assurance Co. Holdings Ltd. has on average historically risen by 5.4% based on the past 10 years of stock performance.

Allied World Assurance Co. Holdings Ltd. has risen higherby an average 5.4%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 Allied World Assurance Co. Holdings Ltd., based on historical prices, is 13 weeks. Should Allied World Assurance Co. Holdings Ltd. stock move in the future similarly to its average historical movement over this duration, an annualized return of 21% could result.

Cabela’s Inc. (CAB)

Chart for CAB

Over the next 13 weeks, Cabela’s Inc. has on average historically fallen by 5.1% based on the past 12 years of stock performance.

Cabela’s Inc. has fallen lowerby an average 5.1%in 7 of those 12 years over the subsequent 13 week period,corresponding to a historical probability of 58%

The holding period that leads to the greatest annualized return for Cabela’s Inc., based on historical prices, is 1 week. Should Cabela’s Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 76% could result.

Meta Financial Group, Inc. (CASH)

Chart for CASH

Over the next 13 weeks, Meta Financial Group, Inc. has on average historically fallen by 2.2% based on the past 23 years of stock performance.

Meta Financial Group, Inc. has fallen lowerby an average 2.2%in 11 of those 23 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 Meta Financial Group, Inc., based on historical prices, is 43 weeks. Should Meta Financial Group, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 19% could result.

Endurance Specialty Holdings Ltd. (ENH)

Chart for ENH

Over the next 13 weeks, Endurance Specialty Holdings Ltd. has on average historically risen by 6.6% based on the past 13 years of stock performance.

Endurance Specialty Holdings Ltd. has risen higherby an average 6.6%in 12 of those 13 years over the subsequent 13 week period,corresponding to a historical probability of 92%

The holding period that leads to the greatest annualized return for Endurance Specialty Holdings Ltd., based on historical prices, is 12 weeks. Should Endurance Specialty Holdings Ltd. stock move in the future similarly to its average historical movement over this duration, an annualized return of 29% could result.

Generac Holdings Inc. (GNRC)

Chart for GNRC

Over the next 13 weeks, Generac Holdings Inc. has on average historically risen by 25.6% based on the past 6 years of stock performance.

Generac Holdings Inc. has risen higherby an average 25.6%in 6 of those 6 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 Generac Holdings Inc., based on historical prices, is 4 weeks. Should Generac Holdings Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 185% could result.

Weibo Corporation (WB)

Chart for WB

Over the next 13 weeks, Weibo Corporation has on average historically risen by 14.5% based on the past 2 years of stock performance.

Weibo Corporation has risen higherby an average 14.5%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 Weibo Corporation, based on historical prices, is 3 weeks. Should Weibo Corporation stock move in the future similarly to its average historical movement over this duration, an annualized return of 251% could result.

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