Archives for January 2017

Video Link to Harry Boxer’s Guest Presentation

January 31, 2017

We hope you were able to join us for a Guest Presentation by Harry Boxer. If not, here’s a link where you may listen to the full presentation:

Click here to watch last night’s webinar with Harry Boxer

Harry shared his pattern recognition strategies for identifying winning trades, including:..

  • How to use intraday technicals and patterns to uncover trading candidates on intraday and daily charts
  • How to use price-volume surges as the key to identifying the most lucrative trades
  • How to prepare for each trading day and select stocks to monitor

Receive Harry’s free educational DVD (a 2-disc set) when you sign up for a free 7-day trial to his Live Trading Room (no credit card required).

Enjoy Harry’s NEW Live Trading Room

  • Day & Swing Trading Alerts throughout Session
  • Live Intraday Webcast & Chart Analysis
  • Minute-by-Minute Technical Market Analysis
  • Live Trading Room Chat w/ Harry & Members
  • Trackable Swing Trading Watchlist
  • Nightly Video Chart Analysis
  • Live Sat AM Webinar with Harry
  • Free Educational DVD Set

Stay tuned for more complimentary guest presentations as well as other promotional offers from guests and CandlestickForum.

Happy Investing,

Stephen Bigalow

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Filed Under: Videos

January 31st Daily Market Comments

January 31, 2017

With the market indexes closing at the T-line yesterday, as mentioned yesterday, a simple trend analysis technique could be applied to today’s trading. The uptrend required a positive open. Today’s lower open indicated the T-line was not acting as support, more downside would be expected. The selling is being blamed on all the political rhetoric but realistically the markets have taken profits approximately every 30 days during this previous uptrend. Take profits on positions that are showing sell signals and closing below the T-line. Gold stocks continue to act strong.

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Filed Under: Daily Stock Market Comments

Trending Stocks: LUV, MEOH, PKX, SPB, TSRO, URI

January 30, 2017

Southwest (LUV)

Chart for LUV

Over the next 13 weeks, Southwest has on average historically risen by 7.1% based on the past 33 years of stock performance.

Southwest has risen higher by an average 7.1% in 20 of those 33 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 Southwest, based on historical prices, is 4 weeks. Should Southwest stock move in the future similarly to its average historical movement over this duration, an annualized return of 40% could result.

Methanex Corporation (MEOH)

Chart for MEOH

Over the next 13 weeks, Methanex Corporation has on average historically risen by 7.1% based on the past 24 years of stock performance.

Methanex Corporation has risen higher by an average 7.1% in 16 of those 24 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 Methanex Corporation, based on historical prices, is 7 weeks. Should Methanex Corporation stock move in the future similarly to its average historical movement over this duration, an annualized return of 38% could result.

POSCO (PKX)

Chart for PKX

Over the next 13 weeks, POSCO has on average historically risen by 6.1% based on the past 22 years of stock performance.

POSCO has risen higher by an average 6.1% in 12 of those 22 years over the subsequent 13 week period,corresponding to a historical probability of 54%

The holding period that leads to the greatest annualized return for POSCO, based on historical prices, is 2 weeks. Should POSCO stock move in the future similarly to its average historical movement over this duration, an annualized return of 89% could result.

Spectrum Brands Holdings, Inc. (SPB)

Chart for SPB

Over the next 13 weeks, Spectrum Brands Holdings, Inc. has on average historically risen by 6.6% based on the past 7 years of stock performance.

Spectrum Brands Holdings, Inc. has risen higher by an average 6.6% in 5 of those 7 years over the subsequent 13 week period,corresponding to a historical probability of 71%

The holding period that leads to the greatest annualized return for Spectrum Brands Holdings, Inc., based on historical prices, is 2 weeks. Should Spectrum Brands Holdings, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 59% could result.

Tesaro, Inc. (TSRO)

Chart for TSRO

Over the next 13 weeks, Tesaro, Inc. has on average historically risen by 21.1% based on the past 4 years of stock performance.

Tesaro, Inc. has risen higher by an average 21.1% 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 Tesaro, Inc., based on historical prices, is 8 weeks. Should Tesaro, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 185% could result.

United Rentals Inc. (URI)

Chart for URI

Over the next 13 weeks, United Rentals Inc. has on average historically risen by 14.6% based on the past 19 years of stock performance.

United Rentals Inc. has risen higher by an average 14.6% in 15 of those 19 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 United Rentals Inc., based on historical prices, is 2 weeks. Should United Rentals Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 110% could result.

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Filed Under: Financhill Analysis, Technical Analysis Tagged With: , , , , , ,

January 27th Daily Market Comments

January 27, 2017

The lack of urgency in today’s trading implies the markets are using a Friday to consolidate/profit-taking. The indexes are not only trading above the T line but are using the 3T-line as support. Consider the uptrend in progress as long as there is not a major sell signal and a close back below the T-line. This fits in the analysis that when the markets gapped up through the resistance level two days ago, the prospects for a wave three to the upside is very likely.

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Filed Under: Daily Stock Market Comments

January 26th Daily Market Comments

January 26, 2017

Today’s positive trading in the markets is an inference that yesterday’s breakout through the resistance level of the past two months was not a fluke.

Wave three has started, clearly illustrated in the Dow which formed a left/right bullish combo, followed by a gap up through the resistance level. 

20,000 on the Dow is a nice round number target but is ill relevant as far as the direction/magnitude of investor sentiment. Anticipate wave three to be in progress in the markets.

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Filed Under: Daily Stock Market Comments

Trending Stocks: IIVI, PLOW, PPBI, PWR

January 26, 2017

II-VI Inc. (IIVI)

Chart for IIVI

Over the next 13 weeks, II-VI Inc. has on average historically risen by 9.8% based on the past 26 years of stock performance.

II-VI Inc. has risen higher by an average 9.8%in 14 of those 26 years over the subsequent 13 week period,corresponding to a historical probability of 53%

The holding period that leads to the greatest annualized return for II-VI Inc., based on historical prices, is 1 week. Should II-VI Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 136% could result.

Douglas Dynamics, Inc. (PLOW)

Chart for PLOW

Over the next 13 weeks, Douglas Dynamics, Inc. has on average historically risen by 10% based on the past 6 years of stock performance.

Douglas Dynamics, Inc. has risen higher by an average 10%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 Douglas Dynamics, Inc., based on historical prices, is 2 weeks. Should Douglas Dynamics, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 83% could result.

Pacific Premier Bancorp Inc. (PPBI)

Chart for PPBI

Over the next 13 weeks, Pacific Premier Bancorp Inc. has on average historically risen by 4.5% based on the past 19 years of stock performance.

Pacific Premier Bancorp Inc. has risen higher by an average 4.5%in 11 of those 19 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 Pacific Premier Bancorp Inc., based on historical prices, is 7 weeks. Should Pacific Premier Bancorp Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 49% could result.

Quanta Services (PWR)

Chart for PWR

Over the next 13 weeks, Quanta Services has on average historically risen by 14.3% based on the past 18 years of stock performance.

Quanta Services has risen higher by an average 14.3%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 Quanta Services, based on historical prices, is 1 week. Should Quanta Services 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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Filed Under: Financhill Analysis, Technical Analysis Tagged With: , , , ,

January 26th Daily Market Comments

January 26, 2017

Today’s positive trading in the markets is an inference that yesterday’s breakout through the resistance level of the past two months was not a fluke.Wave three has started, clearly illustrated in the Dow which formed a left/right bullish combo, followed by a gap up through the resistance level.  20,000 on the Dow is a nice round number target but is ill relevant as far as the direction/magnitude of investor sentiment. Anticipate wave three to be in progress in the markets.  The markets continue their uptrend as illustrated.

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Filed Under: Daily Stock Market Comments

January 25th Daily Market Comments

January 25, 2017

Dow 20,000! Is that the top? Obviously that was the psychological target. What will be investor sentiment reaction now that it has breached that level? That answer is much more clearly defined when analyzing what the candlestick chart looks like. The uptrend has had a good rest for the past four weeks. The chart now looks like a breakout of the congestion area, the top resistance level being the 20,000 area. What the candlestick charts are showing for potential upside is much more important than arbitrary numeric price levels. Stay predominantly long.

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Filed Under: Daily Stock Market Comments

Trending Stocks: FWP, NVEE, OMAB, PFBC, SRCE, TCX

January 23, 2017

Forward Pharma A/S (FWP)

Chart for FWP

Over the next 13 weeks, Forward Pharma A/S has on average historically risen by 38.9% based on the past 3 years of stock performance.

Forward Pharma A/S has risen higher by an average 38.9% 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 Forward Pharma A/S, based on historical prices, is 1 week. Should Forward Pharma A/S stock move in the future similarly to its average historical movement over this duration, an annualized return of 212% could result.

NV5 Holdings, Inc. (NVEE)

Chart for NVEE

Over the next 13 weeks, NV5 Holdings, Inc. has on average historically risen by 51.9% based on the past 4 years of stock performance.

NV5 Holdings, Inc. has risen higher by an average 51.9% 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 NV5 Holdings, Inc., based on historical prices, is 1 week. Should NV5 Holdings, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 259% could result.

Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB)

Chart for OMAB

Over the next 13 weeks, Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has on average historically risen by 16% based on the past 11 years of stock performance.

Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has risen higher by an average 16% in 10 of those 11 years over the subsequent 13 week period,corresponding to a historical probability of 90%

The holding period that leads to the greatest annualized return for Grupo Aeroportuario del Centro Norte S.A.B. de C.V., based on historical prices, is 11 weeks. Should Grupo Aeroportuario del Centro Norte S.A.B. de C.V. stock move in the future similarly to its average historical movement over this duration, an annualized return of 74% could result.

Preferred Bank (PFBC)

Chart for PFBC

Over the next 13 weeks, Preferred Bank has on average historically risen by 11.1% based on the past 18 years of stock performance.

Preferred Bank has risen higher by an average 11.1% in 13 of those 18 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 Preferred Bank, based on historical prices, is 4 weeks. Should Preferred Bank stock move in the future similarly to its average historical movement over this duration, an annualized return of 80% could result.

1st Source Corporation (SRCE)

Chart for SRCE

Over the next 13 weeks, 1st Source Corporation has on average historically risen by 8% based on the past 21 years of stock performance.

1st Source Corporation has risen higher by an average 8% in 14 of those 21 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 1st Source Corporation, based on historical prices, is 2 weeks. Should 1st Source Corporation stock move in the future similarly to its average historical movement over this duration, an annualized return of 101% could result.

Tucows Inc. (TCX)

Chart for TCX

Over the next 13 weeks, Tucows Inc. has on average historically risen by 13.4% based on the past 21 years of stock performance.

Tucows Inc. has risen higher by an average 13.4% in 12 of those 21 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 Tucows Inc., based on historical prices, is 1 week. Should Tucows Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 189% could result.

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Filed Under: Financhill Analysis, Technical Analysis Tagged With: , , , , , ,

January 23rd Daily Market Comments

January 23, 2017

The slow sideways drift of the markets, not showing any bullish or bearish force over the past three weeks, looks like it wants to move sideways until the 50 day moving average catches up. Friday’s positive trading followed by today’s selling continues to keep the indexes waffling in the T-line area. Many people ask, what does this indicate? Simple! The market has no direction. The trading strategy remains the same, utilize the strong candlestick bullish and bearish charts to maintain positions. Gold and silver stocks continue a strong uptrend. Have both long and short positions in the portfolio.

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Filed Under: Daily Stock Market Comments
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