Archives for June 2017

June 13th Daily Market Comments

Today’s positive trading continues to illustrate bullish sentiment. The Dow, S&P 500, and the transportation index are showing consistent uptrends, above the T-line. The NASDAQ after the hard selloff last week, is trying to bounce back up at least to the T-line area. Overall, with the indexes not necessarily trading in correlation with each other indicates specific stocks/sectors are showing strength or weakness, not across-the-board movement in all stocks. The uptrend of the market is still reflective of the positive processes, taxes and regulations, for business in general. This attitude should be the underlying basis for bullish sentiment until there is a reason for that bullish sentiment to be altered. Stay predominantly long, but continue to have a few short positions in the portfolio.

Share

Video: The Doji Defined With Stephen Bigalow

In Case You Missed It: Video- Online Workshop with Steve Bigalow

“The Doji Defined”

Attend this special workshop and Steve will show you…

  • Why the Doji is one of the most revealing signals in Candlestick trading
  • How the Doji provides completely new insights for investors in understanding optimal times to buy and sell
  • Why the Doji is is one of the most predominant reversal indicators
  • Doji variations, and what each of them indicate

Click here to view the video. You will also see information on Steve’s Upcoming June 17th Webinar!

During the webinar Steve announced an upcoming 4-hour training event you won’t want to miss!

You’re invited to join our own Steve Bigalow on Saturday, June 17th, at 9:00 am Central (10:00 am ET) as he reviews “The 12 Major Candlestick Signals.”

Click Here for More Information and to Register.

How do the professional investors know when to buy at the bottom? How do the professional investors know when to sell? The 12 major signals incorporate common sense into investment practices and help eliminate emotions from your investing.

Wouldn’t you like to control your own investment future? Candlestick signals illustrate what investor sentiment is doing right now! You don’t have to depend on all the investment rhetoric available in the markets. The signals cut to the chafe. They tell you exactly what investor sentiment is doing.
Wouldn’t you like to be able to easily analyze where and when strong price movements will occur? That is what candlestick signals reveal … especially the 12 major signals. Take advantage of that information yourself. Your investment returns will improve dramatically.

Happy Investing.

Share

June 12th Daily Market Comments

Is this a market selloff? Not across-the-board! The big selling appears to be in the big-name stocks, AMZN, NFLX, AAPL. This is causing the NASDAQ. But the Dow and S&P 500 and the transportation index is not selling with any great resiliency. Additionally, numerous stocks are still trading positive Today. This amplifies the analysis that the overall market direction is less important in these market conditions that individual stocks/sectors. Observe the obvious, take profits in positions that have produced sell signals and are trading below the T-line. Having some short positions in the portfolio, as recommended over the past few weeks, as more than offset any pullback of profits.

Share

Trending Stocks: BLUE, HQY, HTHT

BLUEBIRD BIO INC (BLUE)

Chart for BLUE

Over the next 13 weeks, BLUEBIRD BIO INC has on average historically risen by 14.2% based on the past 3 years of stock performance.

BLUEBIRD BIO INC has risen higher by an average 14.2% 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 BLUEBIRD BIO INC, based on historical prices, is 2 weeks. Should BLUEBIRD BIO INC stock move in the future similarly to its average historical movement over this duration, an annualized return of 461% could result.

HealthEquity, Inc. (HQY)

Chart for HQY

Over the next 13 weeks, HealthEquity, Inc. has on average historically risen by 18.4% based on the past 2 years of stock performance.

HealthEquity, Inc. has risen higher by an average 18.4% 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 HealthEquity, Inc., based on historical prices, is 1 week. Should HealthEquity, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 369% could result.

China Lodging Group, Limited (HTHT)

Chart for HTHT

Over the next 13 weeks, China Lodging Group, Limited has on average historically risen by 19.4% based on the past 7 years of stock performance.

China Lodging Group, Limited has risen higher by an average 19.4% 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 China Lodging Group, Limited, based on historical prices, is 11 weeks. Should China Lodging Group, Limited stock move in the future similarly to its average historical movement over this duration, an annualized return of 78% could result.

Share

June 9th Daily Market Comments

The markets do not like indecision. Apparently the results of Yesterday’s Comey hearings have clarified to investors that nothing dramatically detrimental has occurred in the political arena. Wave three is in progress, the T-line has been acting as support. The markets are trading at all-time highs without any signs of reversal signals as of yet. Continue to stay long until a dramatic reversal signal appears.

Share

Trending Stocks: BLUE, MDSO, PATK, RARE, REN

BLUEBIRD BIO INC (BLUE)

Chart for BLUE

Over the next 13 weeks, BLUEBIRD BIO INC has on average historically risen by 14.2% based on the past 3 years of stock performance.

BLUEBIRD BIO INC has risen higher by an average 14.2% 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 BLUEBIRD BIO INC, based on historical prices, is 2 weeks. Should BLUEBIRD BIO INC stock move in the future similarly to its average historical movement over this duration, an annualized return of 461% could result.

Medidata Solutions, Inc. (MDSO)

Chart for MDSO

Over the next 13 weeks, Medidata Solutions, Inc. has on average historically risen by 10.9% based on the past 7 years of stock performance.

Medidata Solutions, Inc. has risen higher by an average 10.9% 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 4 weeks. Should Medidata Solutions, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 114% could result.

Patrick Industries Inc. (PATK)

Chart for PATK

Over the next 13 weeks, Patrick Industries Inc. has on average historically risen by 20.5% based on the past 27 years of stock performance.

Patrick Industries Inc. has risen higher by an average 20.5% in 18 of those 27 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 Patrick Industries Inc., based on historical prices, is 3 weeks. Should Patrick Industries Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 120% could result.

ULTRAGENYX PHARMA (RARE)

Chart for RARE

Over the next 13 weeks, ULTRAGENYX PHARMA has on average historically risen by 25.6% based on the past 3 years of stock performance.

ULTRAGENYX PHARMA has risen higher by an average 25.6% 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 ULTRAGENYX PHARMA, based on historical prices, is 2 weeks. Should ULTRAGENYX PHARMA stock move in the future similarly to its average historical movement over this duration, an annualized return of 221% could result.

Resolute Energy Corporation (REN)

Chart for REN

Over the next 13 weeks, Resolute Energy Corporation has on average historically risen by 58.4% based on the past 9 years of stock performance.

Resolute Energy Corporation has risen higher by an average 58.4% in 4 of those 9 years over the subsequent 13 week period,corresponding to a historical probability of 44%

The holding period that leads to the greatest annualized return for Resolute Energy Corporation, based on historical prices, is 1 week. Should Resolute Energy Corporation stock move in the future similarly to its average historical movement over this duration, an annualized return of 274% could result.

Share

June 7th Daily Market Comments

Crude Oil is the culprit this morning. The expanded inventory report on Crude Oil has knocked the price down to $46 a barrel. This is the rationale for the Dow backing off from trading higher earlier. But there is not yet any indication that the sellers have taken control. The indexes continue to trade above the T-line without any decisive sell signals. Continue to stay long.

Share

June 6th Daily Market Comments

Although the markets opened lower Today, there is still no demonstration of strong selling resolve. The Dow and S&P 500 are in a Doji formation so far Today. The NASDAQ opened lower but is currently trading slightly positive. Overall, there still is not any decisive selling in the markets, merely profit-taking during an uptrend. The biggies such as AMZN, TSLA, NFLX and NVDA are not showing any change of bullish direction. This illustrates that investor sentiment remains positive. Stay predominantly long. This is why we recommend trend analysis.

Share

June 5th Daily Market Comments

The market indexes still do not show any change for potential change of investor sentiment. The Dow and S&P 500 have used the 3T-line as a pullback support already Today and are now just trading slightly positive. The consolidation days add strength to the overall trend, allowing profit-taking to occur along the way. The upward trend remains in progress as long as the indexes trade above the T-line.

Share

Trending Stocks: EXAS, MDCO, SLCA, SUPN

Exact Sciences Corporation (EXAS)

Chart for EXAS

Over the next 13 weeks, Exact Sciences Corporation has on average historically risen by 9.9% based on the past 16 years of stock performance.

Exact Sciences Corporation has risen higher by an average 9.9% in 8 of those 16 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 Exact Sciences Corporation, based on historical prices, is 3 weeks. Should Exact Sciences Corporation stock move in the future similarly to its average historical movement over this duration, an annualized return of 176% could result.

Medicines Co. (MDCO)

Chart for MDCO

Over the next 13 weeks, Medicines Co. has on average historically risen by 5.2% based on the past 16 years of stock performance.

Medicines Co. has risen higher by an average 5.2% in 8 of those 16 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 Medicines Co., based on historical prices, is 5 weeks. Should Medicines Co. stock move in the future similarly to its average historical movement over this duration, an annualized return of 41% could result.

U.S. Silica Holdings, Inc. (SLCA)

Chart for SLCA

Over the next 13 weeks, U.S. Silica Holdings, Inc. has on average historically risen by 9.6% based on the past 5 years of stock performance.

U.S. Silica Holdings, Inc. has risen higher by an average 9.6% in 4 of those 5 years over the subsequent 13 week period,corresponding to a historical probability of 80%

The holding period that leads to the greatest annualized return for U.S. Silica Holdings, Inc., based on historical prices, is 1 week. Should U.S. Silica Holdings, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 110% could result.

Supernus Pharmaceuticals, Inc. (SUPN)

Chart for SUPN

Over the next 13 weeks, Supernus Pharmaceuticals, Inc. has on average historically risen by 27.1% based on the past 5 years of stock performance.

Supernus Pharmaceuticals, Inc. has risen higher by an average 27.1% in 5 of those 5 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 Supernus Pharmaceuticals, Inc., based on historical prices, is 6 weeks. Should Supernus Pharmaceuticals, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 270% could result.

Share