Archives for July 2017

July 20th Daily Market Comments

The lack of movement in the markets today still indicate there is no major change of investor sentiment. The Dow, although trading lower, has use the T-line once again as support and trading above the T-line. A slow moving market is not a deterrent. Numerous Bullish Candlestick Charts continue to act very well based upon the fact that there is no evidence of bearish pressure in this trend. Continue to maintain the long positions simply by staying in positions that are not showing any candlestick reversal signals or trading below the T-line.

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Trending Stocks: AAOI, PBYI, QDEL, VRTX

APPLIED OPTOELECTRONICS (AAOI)

Chart for AAOI

Over the next 13 weeks, APPLIED OPTOELECTRONICS has on average historically risen by 25.3% based on the past 3 years of stock performance.

APPLIED OPTOELECTRONICS has risen higher by an average 25.3% 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 47 weeks. Should APPLIED OPTOELECTRONICS stock move in the future similarly to its average historical movement over this duration, an annualized return of 185% could result.

Puma Biotechnology, Inc. (PBYI)

Chart for PBYI

Over the next 13 weeks, Puma Biotechnology, Inc. has on average historically risen by 58.9% based on the past 5 years of stock performance.

Puma Biotechnology, Inc. has risen higher by an average 58.9% 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 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 1132% could result.

Quidel Corp. (QDEL)

Chart for QDEL

Over the next 13 weeks, Quidel Corp. has on average historically risen by 9.3% based on the past 25 years of stock performance.

Quidel Corp. has risen higher by an average 9.3% in 15 of those 25 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 Quidel Corp., based on historical prices, is 1 week. Should Quidel Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 93% could result.

Vertex Pharma (VRTX)

Chart for VRTX

Over the next 13 weeks, Vertex Pharma has on average historically risen by 4.3% based on the past 25 years of stock performance.

Vertex Pharma has risen higher by an average 4.3% in 16 of those 25 years over the subsequent 13 week period,corresponding to a historical probability of 64%

The holding period that leads to the greatest annualized return for Vertex Pharma, based on historical prices, is 9 weeks. Should Vertex Pharma stock move in the future similarly to its average historical movement over this duration, an annualized return of 58% could result.

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July 19th Daily Market Comments

The uptrend remains in progress with a couple important messages being conveyed today. The NASDAQ and the S&P 500 have Gapped up through the highs from around 1 June. The gap up has occurred in the overbought condition. Depending upon how the markets close today will illustrate whether this was exhaustion in the overbought condition or the recent highs are not acting as resistance anymore. A close near the high end of the trading range in the indexes would indicate wave three is still in progress. A candlestick reversal signal, such as a Doji or a Shooting Star, would indicate the potential of Today’s gap up being an exhaustion of Bullish investor sentiment. Stay long but watch how the markets close Today.

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July 18th Daily Market Comments

The T-line becomes a much more relevant factor when trends are not showing a distinctive set of Bullish Candles or Bearish Candles. Slow oscillating Uptrends usually have Bullish days as well as Bearish days. The trend remains more defined as long as the Bearish days do not breach the Uptrending T-line. Although the market indexes are trading lower Today, they are still trading above the T-line. The NASDAQ and S&P 500 are using the 3T-line as support. This provides evidence that the Bulls are still very much in control, the breakout patterns of last week still reveal a wave three to be in progress. Continue to stay predominantly long, using the T-line as your final factor.

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July 17th Daily Market Comments

The positive trading in the NASDAQ and S&P 500 show the wave three uptrend still in progress. The Dow, although trading flat Today, is still in a Frypan Bottom Trajectory. This illustrates the Bullish sentiment/Trend is still in progress. More evidence is seeing that AMZN,AAPL, NFLX are still in Uptrends, indicating the overall markets are not showing any signs of investor selling.  Maintain long positions that continue to trade above the T-line and not showing any sell signals.

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Trending Stocks: AAOI, DDS, YNDX

APPLIED OPTOELECTRONICS (AAOI)

Chart for AAOI

Over the next 13 weeks, APPLIED OPTOELECTRONICS has on average historically risen by 24.1% based on the past 3 years of stock performance.

APPLIED OPTOELECTRONICS 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 APPLIED OPTOELECTRONICS, based on historical prices, is 48 weeks. Should APPLIED OPTOELECTRONICS stock move in the future similarly to its average historical movement over this duration, an annualized return of 183% could result.

Dillard’s Inc. (DDS)

Chart for DDS

Over the next 13 weeks, Dillard’s Inc. has on average historically fallen by 4% based on the past 28 years of stock performance.

Dillard’s Inc. has fallen lower by an average 4% in 16 of those 28 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 Dillard’s Inc., based on historical prices, is 47 weeks. Should Dillard’s Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 24% could result.

Yandex N.V. (YNDX)

Chart for YNDX

Over the next 13 weeks, Yandex N.V. has on average historically fallen by 4.4% based on the past 6 years of stock performance.

Yandex N.V. has fallen lower by an average 4.4% 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 Yandex N.V., based on historical prices, is 3 weeks. Should Yandex N.V. stock move in the future similarly to its average historical movement over this duration, an annualized return of 31% could result.

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July 14th Daily Market Comments

Bullish sentiment continues to be demonstrated. The positive trading Today, although not very excessive, shows the Dow in a Frypan Bottom/J-hook Pattern. This implies the uptrend will continue with the potential of the same price move the markets demonstrated from mid-May to mid-June. This makes the market analysis relatively easy. As long as the indexes remain above the T-line, the uptrend remains in progress.

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July 13th Daily Market Comments

Today’s indecisive trading in the markets is not unexpected after a big move from Yesterday. The strength of Yesterday’s trading provided evidence that the bullish trend was still in progress, with the NASDAQ and the S&P 500 breaking up through a Downtrending resistance level. Stay predominantly long, any short positions in the portfolio should have compelling weakness.

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Trending Stocks: ENTA, GWPH, RDUS

Enanta Pharmaceuticals, Inc. (ENTA)

Chart for ENTA

Over the next 13 weeks, Enanta Pharmaceuticals, Inc. has on average historically risen by 7.2% based on the past 4 years of stock performance.

Enanta Pharmaceuticals, Inc. has risen higher by an average 7.2% in 2 of those 4 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 Enanta Pharmaceuticals, Inc., based on historical prices, is 1 week. Should Enanta Pharmaceuticals, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 78% could result.

GW Pharmaceuticals Plc (GWPH)

Chart for GWPH

Over the next 13 weeks, GW Pharmaceuticals Plc has on average historically risen by 44.3% based on the past 4 years of stock performance.

GW Pharmaceuticals Plc has risen higher by an average 44.3% in 2 of those 4 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 GW Pharmaceuticals Plc, based on historical prices, is 37 weeks. Should GW Pharmaceuticals Plc stock move in the future similarly to its average historical movement over this duration, an annualized return of 257% could result.

Radius Health, Inc. (RDUS)

Chart for RDUS

Over the next 13 weeks, Radius Health, Inc. has on average historically risen by 27.7% based on the past 3 years of stock performance.

Radius Health, Inc. has risen higher by an average 27.7% in 3 of those 3 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 Radius Health, Inc., based on historical prices, is 12 weeks. Should Radius Health, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 135% could result.

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