Archives for November 2016

November 10th Daily Market Comments

The markets are now providing the after election assessment. The Dow is up strong, the S&P 500 is flat, the NASDAQ is down strong. The market is now showing that the sectors are becoming the decisive factors. The biotech’s are strong, oil stocks are holding up well, high tech stocks are getting slammed. The big stocks, AAPL, AMZN, NFLX do not appear to be the place to be. Utilize the candlestick charts to indicate which stocks/sectors you want to be long or short. As can be seen in today’s trading, there is not any doubt as to which sectors should be bought and should be sold.

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Trending Stocks: ADUS, HSN, MGRC, PKOH, SNCR, TREX

Addus HomeCare Corp. (ADUS)

Chart for ADUS

Over the next 13 weeks, Addus HomeCare Corp. has on average historically risen by 6% based on the past 7 years of stock performance.

Addus HomeCare Corp. has risen higherby an average 6%in 3 of those 7 years over the subsequent 13 week period,corresponding to a historical probability of 42%

The holding period that leads to the greatest annualized return for Addus HomeCare Corp., based on historical prices, is 4 weeks. Should Addus HomeCare Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 72% could result.

HSN, Inc. (HSNI)

Chart for HSNI

Over the next 13 weeks, HSN, Inc. has on average historically risen by 4.3% based on the past 8 years of stock performance.

HSN, Inc. has risen higherby an average 4.3%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 HSN, Inc., based on historical prices, is 7 weeks. Should HSN, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 78% could result.

McGrath Rentcorp (MGRC)

Chart for MGRC

Over the next 13 weeks, McGrath Rentcorp has on average historically risen by 5% based on the past 26 years of stock performance.

McGrath Rentcorp has risen higherby an average 5%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 McGrath Rentcorp, based on historical prices, is 1 week. Should McGrath Rentcorp stock move in the future similarly to its average historical movement over this duration, an annualized return of 32% could result.

Park-Ohio Holdings Corp. (PKOH)

Chart for PKOH

Over the next 13 weeks, Park-Ohio Holdings Corp. has on average historically risen by 7.9% based on the past 26 years of stock performance.

Park-Ohio Holdings Corp. has risen higherby an average 7.9%in 19 of those 26 years over the subsequent 13 week period,corresponding to a historical probability of 73%

The holding period that leads to the greatest annualized return for Park-Ohio Holdings Corp., based on historical prices, is 24 weeks. Should Park-Ohio Holdings Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 48% could result.

Synchronoss Technologies, Inc. (SNCR)

Chart for SNCR

Over the next 13 weeks, Synchronoss Technologies, Inc. has on average historically risen by 4.3% based on the past 10 years of stock performance.

Synchronoss Technologies, Inc. has risen higherby an average 4.3%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 Synchronoss Technologies, Inc., based on historical prices, is 10 weeks. Should Synchronoss Technologies, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 54% could result.

Trex Co. Inc. (TREX)

Chart for TREX

Over the next 13 weeks, Trex Co. Inc. has on average historically risen by 10% based on the past 17 years of stock performance.

Trex Co. Inc. has risen higherby an average 10%in 11 of those 17 years over the subsequent 13 week period,corresponding to a historical probability of 64%

The holding period that leads to the greatest annualized return for Trex Co. Inc., based on historical prices, is 7 weeks. Should Trex Co. Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 75% could result.

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Trending Stocks: CAR, COHR, CSGS, LHCG, MSCC, PEGA

Avis Budget Group, Inc. (CAR)

Chart for CAR

Over the next 13 weeks, Avis Budget Group, Inc. has on average historically risen by 10.2% based on the past 26 years of stock performance.

Avis Budget Group, Inc. has risen higherby an average 10.2%in 19 of those 26 years over the subsequent 13 week period,corresponding to a historical probability of 73%

The holding period that leads to the greatest annualized return for Avis Budget Group, Inc., based on historical prices, is 1 week. Should Avis Budget Group, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 170% could result.

Coherent Inc. (COHR)

Chart for COHR

Over the next 13 weeks, Coherent Inc. has on average historically risen by 20% based on the past 26 years of stock performance.

Coherent Inc. has risen higherby an average 20%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 Coherent Inc., based on historical prices, is 1 week. Should Coherent Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 294% could result.

CSG International, Inc. (CSGS)

Chart for CSGS

Over the next 13 weeks, CSG International, Inc. has on average historically risen by 5% based on the past 20 years of stock performance.

CSG International, Inc. has risen higherby an average 5%in 11 of those 20 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 CSG International, Inc., based on historical prices, is 1 week. Should CSG International, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 87% could result.

LHC Group, Inc. (LHCG)

Chart for LHCG

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

LHC Group, Inc. has risen higherby an average 8.2%in 8 of those 11 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 LHC Group, Inc., based on historical prices, is 1 week. Should LHC Group, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 275% could result.

Microsemi Corp. (MSCC)

Chart for MSCC

Over the next 13 weeks, Microsemi Corp. has on average historically risen by 7.5% based on the past 26 years of stock performance.

Microsemi Corp. has risen higherby an average 7.5%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 Microsemi Corp., based on historical prices, is 1 week. Should Microsemi Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 225% could result.

Pegasystems Inc. (PEGA)

Chart for PEGA

Over the next 13 weeks, Pegasystems Inc. has on average historically risen by 4.9% based on the past 20 years of stock performance.

Pegasystems Inc. has risen higherby an average 4.9%in 10 of those 20 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 Pegasystems Inc., based on historical prices, is 18 weeks. Should Pegasystems Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 44% could result.

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November 7th Daily Market Comments

Profitable trading involves analyzing signals and trends that put the probabilities in your favor. Knee-jerk reaction days like today make it prudent to sit back and wait to see what the final results will be. That rationale applies to not knowing what’s going to happen tomorrow. It makes more sense to wait and see what investor sentiment does based upon results versus trying to speculate what will happen. Keep your powder dry.

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November 4th Daily Market Comments

The Dow is up, the NASDAQ is down. A good indication there is no change of investor sentiment, the slow drift/downtrend remains in progress. This sentiment will remain probably until the results of the election are in. Stay short and the biotech’s, gold stocks are showing good strength but not excessive strength. These market conditions warrant be in very selective for maintaining any positions in the portfolio, long or short.

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November 3rd Daily Market Comments

Sideways! Nothing has changed, after yesterday’s selling in the markets today’s trading is absolutely flat. Fortunately, candlestick scans revealed and has produced good profits now in the gold sector. The analysis remains the same. Even though the markets are moving sideways, specific sectors can produce profits, going long in gold stocks, remaining short and biotech’s.

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November 1st Daily Market Comments

Nothing has changed investor sentiment, there still is no excessive buying or selling pressure on the markets, the sideways channel remains the predominant analytical tool. Gold stocks now appear to be picking up some strength. The biotech’s have had a downtrend that are showing a little bit of bottoming action over the past couple of trading days, stay alert. 

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