Market Conditions After the sell off on Tuesday, we’ve essentially come full circle on the week with the S&P almost unchanged. Indeed, we have a similar cup/handle forming, targeting the 2742 range, along with and inverse head & shoulders pattern. The sell-off found support around 2615, and we have a series of higher lows beingRead More
During the past week, we’ve had 5 target captures for watchlist plays that include ECL, DK, MEOH, MSA, EGN. We added the following to the watchlist this week… MNTA, UFCS, TVPT, LULU, MPC, RHP. The idea generator has 13 new signals including: NETE, COP, E, LW, I, ATHM, CVLT, FSM, AMN, ANGO, NVCR, APC, PLT.Read More
Updates for Week 15 are below. Retailers and energy plays keep making appearances week, albeit with retail weakness starting to show as of Friday. Watchlist additions: DDS, HLG, FEYE Idea generator additions: NEWA, ANF, SNP, USNA, CDNA Appearing more than 2 times in the last week on screen 1: AVXS, CIB, EHIC, HLT, I, LUK,Read More
Here’s a quick update for week 14. I have 7 new watchlist additions this week that may be worth looking at. I also wanted to highlight EL, which keeps showing up screens, and seems to be holding up well during pull-backs. While it doesn’t fit my typical criteria for a watchlist addition, it continues toRead More