First Solar (FSLR)
Chart for FSLR
Over the next 13 weeks, First Solar has on average historically risen by 4.5% based on the past 10 years of stock performance.
First Solar has risen higher by an average 4.5% in 5 of those 10 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 First Solar, based on historical prices, is 30 weeks. Should First Solar stock move in the future similarly to its average historical movement over this duration, an annualized return of 45% could result.
Genomic Health Inc. (GHDX)
Chart for GHDX
Over the next 13 weeks, Genomic Health Inc. has on average historically risen by 6.3% based on the past 11 years of stock performance.
Genomic Health Inc. has risen higher by an average 6.3% in 7 of those 11 years over the subsequent 13 week period,corresponding to a historical probability of 63%
The holding period that leads to the greatest annualized return for Genomic Health Inc., based on historical prices, is 1 week. Should Genomic Health Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 71% could result.
Multi-Color Corp. (LABL)
Chart for LABL
Over the next 13 weeks, Multi-Color Corp. has on average historically risen by 6.5% based on the past 27 years of stock performance.
Multi-Color Corp. has risen higher by an average 6.5% 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 Multi-Color Corp., based on historical prices, is 8 weeks. Should Multi-Color Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 40% could result.
June 1st Daily Market Comments
The T-line continues to act as a very important trend indicator. Yesterday the indexes traded well below the T-line but all close backup above the T-line. The Dow has already used the T-line as support today and now is trading positive. The current prognosis remains as expecting a relatively flat/very slow uptrending market until there is a breakout of the current trending channel. Stay predominantly long but continue to have a few short positions in the portfolio. The longer investor sentiment continues to move in a positive direction, the more the confidence will start feeding upon itself.