Archives for September 2017

September 29th Daily Market Comments

Is everything working as regards to your trading plan? This is the first question each investor should ask themselves before the market opens each day. This is where candlestick analysis greatly solidifies an investors discipline. The graphics of candlestick charts reveal what is occurring in investor sentiment, either confirming or negating what a trend expectations are doing. The basis of successful investing is knowing what should be occurring in existing trades. Currently the market indexes are still trading above the T-line after a few days a consolidation. The expectation should be the uptrend is still in progress. This same evaluation can be used on individual stock charts to keep from being whipsawed in and out of positions. Currently stay long, any short positions should still have convincing selling occurring.

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Trending Stocks: FDS, SNX, YY

FactSet Research Systems Inc. (FDS)

Chart for FDS

Over the next 13 weeks, FactSet Research Systems Inc. has on average historically risen by 9% based on the past 21 years of stock performance.

FactSet Research Systems Inc. has risen higher by an average 9% in 16 of those 21 years over the subsequent 13 week period,corresponding to a historical probability of 76%

The holding period that leads to the greatest annualized return for FactSet Research Systems Inc., based on historical prices, is 1 week. Should FactSet Research Systems Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 101% could result.

SYNNEX Corp. (SNX)

Chart for SNX

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

SYNNEX Corp. has risen higher by an average 4.3% in 8 of those 13 years over the subsequent 13 week period,corresponding to a historical probability of 61%

The holding period that leads to the greatest annualized return for SYNNEX Corp., based on historical prices, is 1 week. Should SYNNEX Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 118% could result.

YY Inc. (YY)

Chart for YY

Over the next 13 weeks, YY Inc. has on average historically fallen by 4.9% based on the past 4 years of stock performance.

YY Inc. has fallen lower by an average 4.9% 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 YY Inc., based on historical prices, is 5 weeks. Should YY Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 39% could result.

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September 28th Daily Market Comments

Today’s positive trading is keeping the indexes above the T-line. The Dow and S&P 500 are setting up J-hook patterns with the Dow currently forming a left/right combo off the T-line. As long as the indexes remain above the T-line, with the prospects of forming a bullish J-hook patterns, the probabilities indicate the continuation of the uptrend. The bias should be toward the long side in the portfolio with any short positions being closely analyzed as to see whether they are starting to exhibit strength, causing a closing of these positions.

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September 27th Daily Market Comments

The nature of the market is still indecisive, the Dow now trading slightly lower but the NASDAQ trading up stronger. The consolidation is evident in each specific sector. This is providing more confirmation that these market conditions warrant having both long and short positions in the portfolio. This is why we recommend Trend Analysis.

 

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September 26th Daily Market Comments

Yesterday the Dow and S&P 500 formed Doji’s right on the T-line. Today’s positive trading is very relevant, providing the evidence the T-line will act as support if Today’s trading remains positive going into the close. The NASDAQ gapped up today after it close just above the 50 Day Moving Average yesterday, implying the slow uptrending channel is still in progress. It will be important to see how the markets close Today, staying above the T-line will be important.

 

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Trending Stocks: ASMB, CRTO, RDY, SUPN

Assembly Biosciences, Inc. (ASMB)

Chart for ASMB

Over the next 13 weeks, Assembly Biosciences, Inc. has on average historically fallen by 4.8% based on the past 6 years of stock performance.

Assembly Biosciences, Inc. has fallen lower by an average 4.8% in 5 of those 6 years over the subsequent 13 week period,corresponding to a historical probability of 83%

The holding period that leads to the greatest annualized return for Assembly Biosciences, Inc., based on historical prices, is 27 weeks. Should Assembly Biosciences, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 67% could result.

Criteo S.A. (CRTO)

Chart for CRTO

Over the next 13 weeks, Criteo S.A. has on average historically risen by 8% based on the past 3 years of stock performance.

Criteo S.A. has risen higher by an average 8% 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 Criteo S.A., based on historical prices, is 1 week. Should Criteo S.A. stock move in the future similarly to its average historical movement over this duration, an annualized return of 84% could result.

Dr. Reddy’s Laboratories Ltd. (RDY)

Chart for RDY

Over the next 13 weeks, Dr. Reddy’s Laboratories Ltd. has on average historically risen by 5% based on the past 16 years of stock performance.

Dr. Reddy’s Laboratories Ltd. has risen higher by an average 5% in 10 of those 16 years over the subsequent 13 week period,corresponding to a historical probability of 62%

The holding period that leads to the greatest annualized return for Dr. Reddy’s Laboratories Ltd., based on historical prices, is 1 week. Should Dr. Reddy’s Laboratories Ltd. stock move in the future similarly to its average historical movement over this duration, an annualized return of 42% could result.

Supernus Pharmaceuticals, Inc. (SUPN)

Chart for SUPN

Over the next 13 weeks, Supernus Pharmaceuticals, Inc. has on average historically fallen by 11.7% based on the past 5 years of stock performance.

Supernus Pharmaceuticals, Inc. has fallen lower by an average 11.7% in 2 of those 5 years over the subsequent 13 week period,corresponding to a historical probability of 40%

The holding period that leads to the greatest annualized return for Supernus Pharmaceuticals, Inc., based on historical prices, is 1 week. Should Supernus Pharmaceuticals, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 167% could result.

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September 25th Daily Market Comments

The markets are still in a pullback/consolidation stage. The NASDAQ and the Dow are  trading almost back to the 50 day moving average. The S&P 500 trading below the T-line. The selling remains fairly strong in the technology area. However, some of the basic industries, such as the energy area are acting well. These market conditions still warrant having both long and short positions in the portfolio. Watch gold stocks, they appeared to be picking up bullish signals. 
Utilize the patterns.

 

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September 21st Daily Market Comments

The indexes are continuing to demonstrate consolidation during the uptrend, not any major change of investor sentiment. The Dow is used the 3T-line as support Today, the S&P 500 has use the T-line as support. The NASDAQ is showing the most weakness, after a series of Doji’s it is currently trading below the T-line. The transportation index is trading higher. The accumulative analysis of all the indexes merely indicate shifting of funds, no major exodus from the markets. Continue to use the signals and the T-line to stay predominantly long with some short positions in the portfolio.

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Trending Stocks: HTHT, QDEL, RGR, TMUS

China Lodging Group, Limited (HTHT)

Chart for HTHT

Over the next 13 weeks, China Lodging Group, Limited has on average historically risen by 5% based on the past 7 years of stock performance.

China Lodging Group, Limited has risen higher by an average 5% in 4 of those 7 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 China Lodging Group, Limited, based on historical prices, is 7 weeks. Should China Lodging Group, Limited stock move in the future similarly to its average historical movement over this duration, an annualized return of 54% could result.

Quidel Corp. (QDEL)

Chart for QDEL

Over the next 13 weeks, Quidel Corp. has on average historically risen by 9% based on the past 36 years of stock performance.

Quidel Corp. has risen higher by an average 9% in 20 of those 36 years over the subsequent 13 week period,corresponding to a historical probability of 55%

The holding period that leads to the greatest annualized return for Quidel Corp., based on historical prices, is 12 weeks. Should Quidel Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 41% could result.

Sturm, Ruger & Co. Inc. (RGR)

Chart for RGR

Over the next 13 weeks, Sturm, Ruger & Co. Inc. has on average historically fallen by 5.3% based on the past 44 years of stock performance.

Sturm, Ruger & Co. Inc. has fallen lower by an average 5.3% in 30 of those 44 years over the subsequent 13 week period,corresponding to a historical probability of 68%

The holding period that leads to the greatest annualized return for Sturm, Ruger & Co. Inc., based on historical prices, is 34 weeks. Should Sturm, Ruger & Co. Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 15% could result.

T-Mobile US Inc (TMUS)

Chart for TMUS

Over the next 13 weeks, T-Mobile US Inc has on average historically fallen by 5.3% based on the past 10 years of stock performance.

T-Mobile US Inc has fallen lower by an average 5.3% in 6 of those 10 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 T-Mobile US Inc, based on historical prices, is 38 weeks. Should T-Mobile US Inc stock move in the future similarly to its average historical movement over this duration, an annualized return of 32% could result.

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