Archives for February 2017

February 16th Daily Market Comments

Today’s backing and filling does not show any dramatic change of investor sentiment, merely profit-taking. The NASDAQ is pulled back and just touched the 3T line. The Dow almost hit the 3T line before starting to move up off the lows. Expects some profit-taking but unless there is an actual candlestick sell signal, the uptrend is still in progress.

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Trending Stocks: AAOI, ACAD, CYNO, JLL, SCI, STRP

APPLIED OPTOELECTRONICS (AAOI)

Chart for AAOI

Over the next 13 weeks, APPLIED OPTOELECTRONICS has on average historically risen by 12.4% based on the past 3 years of stock performance.

APPLIED OPTOELECTRONICS has risen higher by an average 12.4% 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 APPLIED OPTOELECTRONICS, based on historical prices, is 2 weeks. Should APPLIED OPTOELECTRONICS stock move in the future similarly to its average historical movement over this duration, an annualized return of 868% could result.

ACADIA Pharmaceuticals, Inc. (ACAD)

Chart for ACAD

Over the next 13 weeks, ACADIA Pharmaceuticals, Inc. has on average historically risen by 22% based on the past 12 years of stock performance.

ACADIA Pharmaceuticals, Inc. has risen higher by an average 22% 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 ACADIA Pharmaceuticals, Inc., based on historical prices, is 9 weeks. Should ACADIA Pharmaceuticals, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 140% could result.

Cynosure, Inc. (CYNO)

Chart for CYNO

Over the next 13 weeks, Cynosure, Inc. has on average historically risen by 12.3% based on the past 11 years of stock performance.

Cynosure, Inc. has risen higher by an average 12.3% in 6 of those 11 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 Cynosure, Inc., based on historical prices, is 1 week. Should Cynosure, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 252% could result.

Jones Lang LaSalle Inc. (JLL)

Chart for JLL

Over the next 13 weeks, Jones Lang LaSalle Inc. has on average historically risen by 8.6% based on the past 19 years of stock performance.

Jones Lang LaSalle Inc. has risen higher by an average 8.6% in 10 of those 19 years over the subsequent 13 week period,corresponding to a historical probability of 52%

The holding period that leads to the greatest annualized return for Jones Lang LaSalle Inc., based on historical prices, is 7 weeks. Should Jones Lang LaSalle Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 61% could result.

Service Corp. International (SCI)

Chart for SCI

Over the next 13 weeks, Service Corp. International has on average historically risen by 8.6% based on the past 29 years of stock performance.

Service Corp. International has risen higher by an average 8.6% in 21 of those 29 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 Service Corp. International, based on historical prices, is 16 weeks. Should Service Corp. International stock move in the future similarly to its average historical movement over this duration, an annualized return of 38% could result.

Straight Path Communications In (STRP)

Chart for STRP

Over the next 13 weeks, Straight Path Communications In has on average historically risen by 24.1% based on the past 3 years of stock performance.

Straight Path Communications In has risen higher by an average 24.1% 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 Straight Path Communications In, based on historical prices, is 2 weeks. Should Straight Path Communications In stock move in the future similarly to its average historical movement over this duration, an annualized return of 278% could result.

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February 15th Daily Market Comments

The slow steady uptrend of the market continues to produce big profits from J-hook patterns and frypan bottom breakout’s. Crude oil inventories are up again, probably keeping crude oil prices in check. That sector may not have great movement, but the strong sectors can be easily identified. LABU continues to indicate the biotech’s are acting well. Mining stocks continue to act well. As long as the market does not show any major reversal, there are strong profits being made in the strong sectors.

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Trending Stocks: BLKB, FLT, MDSO, PAYC, PRLB, THS

Blackbaud Inc. (BLKB)

Chart for BLKB

Over the next 13 weeks, Blackbaud Inc. has on average historically risen by 6.5% based on the past 12 years of stock performance.

Blackbaud Inc. has risen higher by an average 6.5% in 8 of those 12 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 Blackbaud Inc., based on historical prices, is 8 weeks. Should Blackbaud Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 40% could result.

FleetCor Technologies Inc. (FLT)

Chart for FLT

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

FleetCor Technologies Inc. has risen higher by an average 16.5% 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 FleetCor Technologies Inc., based on historical prices, is 1 week. Should FleetCor Technologies Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 215% could result.

Medidata Solutions, Inc. (MDSO)

Chart for MDSO

Over the next 13 weeks, Medidata Solutions, Inc. has on average historically risen by 7.9% based on the past 7 years of stock performance.

Medidata Solutions, Inc. has risen higher by an average 7.9% 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 Medidata Solutions, Inc., based on historical prices, is 5 weeks. Should Medidata Solutions, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 61% could result.

PAYCOM SOFTWARE INC (PAYC)

Chart for PAYC

Over the next 13 weeks, PAYCOM SOFTWARE INC has on average historically risen by 34.3% based on the past 2 years of stock performance.

PAYCOM SOFTWARE INC has risen higher by an average 34.3% in 2 of those 2 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 PAYCOM SOFTWARE INC, based on historical prices, is 2 weeks. Should PAYCOM SOFTWARE INC stock move in the future similarly to its average historical movement over this duration, an annualized return of 336% could result.

Proto Labs, Inc. (PRLB)

Chart for PRLB

Over the next 13 weeks, Proto Labs, Inc. has on average historically risen by 5.2% based on the past 4 years of stock performance.

Proto Labs, Inc. has risen higher by an average 5.2% 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 Proto Labs, Inc., based on historical prices, is 2 weeks. Should Proto Labs, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 203% could result.

Treehouse Foods, Inc. (THS)

Chart for THS

Over the next 13 weeks, Treehouse Foods, Inc. has on average historically risen by 10.1% based on the past 11 years of stock performance.

Treehouse Foods, Inc. has risen higher by an average 10.1% 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 Treehouse Foods, Inc., based on historical prices, is 2 weeks. Should Treehouse Foods, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 128% could result.

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February 14th Daily Market Comments

Currently the markets are demonstrating a consolidation day. The selling is very light, not moving the indexes with any obvious force. Numerous individual stock prices are waffling today, without any major direction. This is a good day to illustrate candlestick chart patterns that are indicating a reversal move may not necessarily confirm on the very next day, but watch for the trend to confirm on the next day or two after the reversal signal. IE TGH, AAOI, INFN.

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February 13th Daily Market Comments

The potential breakout of wave to was evident with a gap up on Friday into new high territory, especially on the Dow. Today’s positive trading is just continuation of a new wave three potential. As long as investor sentiment continues to move the overall market in a general bullish direction, the high profit candlestick patterns, the breakout patterns, can be exploited for very high profits. That was the purpose of recommending INFN and AAOI today. Knowing what the overall market direction is doing allows for candlestick investors to exploit the high profit trades.

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February 10th Daily Market Comments

The market indexes are showing a bullish steadiness, no wild exuberance in this current uptrend. These market conditions allow for pinpointing which stocks/sectors are performing the best based upon candlestick charts. Frypan bottom and J-hook patterns are producing very strong profits.

Click here to learn more about the 12 Major Candlestick Signals

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Trending Stocks: DECK, PBYI, TSRO, WD

Deckers Outdoor Corp. (DECK)

Chart for DECK

Over the next 13 weeks, Deckers Outdoor Corp. has on average historically risen by 8.1% based on the past 23 years of stock performance.

Deckers Outdoor Corp. has risen higher by an average 8.1% in 17 of those 23 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 Deckers Outdoor Corp., based on historical prices, is 2 weeks. Should Deckers Outdoor Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 115% could result.

Puma Biotechnology, Inc. (PBYI)

Chart for PBYI

Over the next 13 weeks, Puma Biotechnology, Inc. has on average historically fallen by 12.2% based on the past 4 years of stock performance.

Puma Biotechnology, Inc. has fallen lower by an average 12.2% 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 Puma Biotechnology, Inc., based on historical prices, is 2 weeks. Should Puma Biotechnology, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 162% could result.

Tesaro, Inc. (TSRO)

Chart for TSRO

Over the next 13 weeks, Tesaro, Inc. has on average historically risen by 22.9% based on the past 4 years of stock performance.

Tesaro, Inc. has risen higher by an average 22.9% 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 Tesaro, Inc., based on historical prices, is 4 weeks. Should Tesaro, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 308% could result.

Walker & Dunlop, Inc. (WD)

Chart for WD

Over the next 13 weeks, Walker & Dunlop, Inc. has on average historically risen by 6.9% based on the past 6 years of stock performance.

Walker & Dunlop, Inc. has risen higher by an average 6.9% 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 Walker & Dunlop, Inc., based on historical prices, is 2 weeks. Should Walker & Dunlop, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 83% could result.

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February 9th Daily Market Comments

The anticipation of tax reforms apparently is keeping good strength in the markets. The frypan bottom patterns are working extremely well in these market conditions, i.e. CLF. The uptrend remains in progress as long as the indexes continue to trade above the T-line. Stay predominantly long but watch for profit-taking/rotating in specific sectors.

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