New Highs 23 new all-time highs among stocks that gained 1% or more today: CIMT STARZ FUL ALDW MTGE LGF BFAM LNKD UHAL RKUS BOFI 73 new 52-week highs among stocks that appreciated 1% or more. Some of the notable movers include: $YHOO closed at new 52-week highs. It didn’t take long to recover from …
From: February 2013
Momentum Wrap – American Express Hits New 3-year Highs…LinkedIn Demolishes Earnings Estimates
Volatility is notably picking up, which typically occurs near tipping points. With that in mind, it is still a “market of stocks” environment, where breakouts are working and dips are getting bought. New Highs 36 new all-time highs among stocks that gained 1% or more: GEOS VIPS RRTS CZZ PBH MMS PTP ZTS ALDW SNFCA …
Momentum Wrap – Netflix and Tesla Continue To Squeeze
New Highs 42 new all-time highs among stocks that gained 1% or more today: WYN STE JKHY WAGE NSR TMH VAC PXD MNTX TAL COO 129 stocks reached new 52-week highs while appreciating 1%+. Some of the notable movers include: Outsourcing and staffing svs stocks continue to climb. When Wall ST. chases after certain theme, …
Momentum Wrap – The Dip Didn’t Last Long. 71 New All-Time Highs
That dip didn’t last long as anxious buyers did not wait long to jump back in. A lot of new highs from various industries. Volatility is rising, but it is still a “market of stocks” environment that provides good opportunities for both longs and shorts. New Highs 71 all-time highs among stocks that gained 1% …
Momentum Wrap – Expected Pullback
Over the weekend, we highlighted the relative weakness in momentum stocks, which typically lead on the way up and on the way down. $SPY followed on Monday, dropping 1.12% on heavy volume. There were very few breakouts and most of them failed. The market needs its time to consolidate recent gains. The overall uptrend is …