Agnico-Eagle Mines Ltd. (AEM)
Chart for AEM
Over the next 13 weeks, Agnico-Eagle Mines Ltd. has on average historically risen by 9.7% based on the past 33 years of stock performance.
Agnico-Eagle Mines Ltd. has risen higher by an average 9.7% in 23 of those 33 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 Agnico-Eagle Mines Ltd., based on historical prices, is 1 week. Should Agnico-Eagle Mines Ltd. stock move in the future similarly to its average historical movement over this duration, an annualized return of 89% could result.
Alexion Pharma (ALXN)
Chart for ALXN
Over the next 13 weeks, Alexion Pharma has on average historically risen by 9.2% based on the past 21 years of stock performance.
Alexion Pharma has risen higher by an average 9.2% 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 Alexion Pharma, based on historical prices, is 7 weeks. Should Alexion Pharma stock move in the future similarly to its average historical movement over this duration, an annualized return of 100% could result.
Ambarella, Inc. (AMBA)
Chart for AMBA
Over the next 13 weeks, Ambarella, Inc. has on average historically risen by 10.8% based on the past 5 years of stock performance.
Ambarella, Inc. has risen higher by an average 10.8% in 3 of those 5 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 Ambarella, Inc., based on historical prices, is 30 weeks. Should Ambarella, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 95% could result.
Mattel (MAT)
Chart for MAT
Over the next 13 weeks, Mattel has on average historically risen by 9.1% based on the past 33 years of stock performance.
Mattel has risen higher by an average 9.1% in 26 of those 33 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 Mattel, based on historical prices, is 7 weeks. Should Mattel stock move in the future similarly to its average historical movement over this duration, an annualized return of 57% could result.
YY Inc. (YY)
Chart for YY
Over the next 13 weeks, YY Inc. has on average historically risen by 14.5% based on the past 5 years of stock performance.
YY Inc. has risen higher by an average 14.5% in 3 of those 5 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 YY Inc., based on historical prices, is 42 weeks. Should YY Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 141% could result.
January 6th Daily Market Comments
The T-line continues to act as a strong support for the market indexes. The NASDAQ is showing the most strength as it is moving into new high territory. Strong candlestick signals are still showing where the high probability trades set ups are occurring. AMZN did a best friend signal yesterday with the trading moving up through the top of the wedge formation, a pattern breakout using the information provided by candlestick signals. Stay predominantly long with the anticipation of the indexes breaking into new high territory, a J-hook pattern indicating much more upside.