A fairly large list tonight for the watchlist, with multiple stocks breaking out of consolidation patterns today.
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Blog
04 May, 2020
US Breakout Stocks Watchlist - 4 May 2020
02 May, 2020
Has the Bear Market Bounce Run Out of Momentum? Market Roundup Plus Focus on Gold Miners and Bitcoin
The major US stock market indexes are once again at a potential turning point, with multiple failed breakout attempts over the last week in individual stocks and the market indexes themselves, which caused them to close slightly down on the week. But with a large wick on the upper part of the candle which is often bearish. But needs confirmation still.
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30 April, 2020
US Breakout Stocks Watchlist - 30 April 2020
For the watchlist from Thursdays scans - AAPL, ADBE, BAND, COUP, HEBT, MSFT, NOW, SHY. I also posted a number of charts on twitter throughout the day. Bitcoin (GBTC) was one that I found particularly interesting as it attempts to recover back into early Stage 1.
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29 April, 2020
US Breakout Stocks Watchlist - 29 April 2020
For the watchlist from Wednesdays scans - ATRC, CALX, CEMI, CGEN, EVER, FVRR, GILD, GNMK, HIMX, LSCC, MKSI, MRSN, PAYC, PCTY, PXLW, SPOT, VRML, VSTO, YUMC. The scans produced a vast number of stocks tonight to go through, and 80% of them looked the same, which were small caps breaking out of extremely depressed ranges on strong volume.
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28 April, 2020
US Breakout Stocks Watchlist - 28 April 2020
A smaller list tonight with a lot of early in the day breakout attempts and sharp reversals today. Here's tonights additions to the US watchlist from Tuesdays scans - AAXN, AMRK, CGNX, ENPH, GLOB, SVM, XONE
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27 April, 2020
US Breakout Stocks Watchlist - 27 April 2020
It was big list tonight to go through, with lots of cup and handle type patterns showing up in the scans. A few had decent volume, but in the majority the volume was only around average.
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25 April, 2020
US Breakout Stocks Watchlist - 24 April 2020
Although a fairly average up day in the market. There was still a number of interesting breakouts or stocks close to their breakout levels. More than half the stocks in my scans were healthcare related though, but only a few made it into the watchlist as most are very extended short term.
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23 April, 2020
US Breakout Stocks Watchlist - 23 April 2020
With the S&P 500 continuing to consolidate in sideways range near the 50% retracement level, and multiple other markets doing similar things. I thought it might be time to start looking for the watchlist again incase we do resolve to the upside.
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22 April, 2020
Huge Moves in Multiple Gold Stocks
Multiple Gold Stocks have had 100%+ moves in the last six weeks. There has been new highs in many stocks in the sector as physical gold trends higher outperforming the stock market indexes and other commodities.
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19 April, 2020
US Major Indexes and Market Breadth Update
Another positive week in the market. But mostly for Technology, Health Care and Consumer Staples stocks, as the disparity between the sectors continues to grow
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