For the watchlist from the Tuesdays scans of the US stockmarket - COST, FSLY, HSY, LEN, LSPN, MRNA, NIO, NOVA, PRGO, PTON, TOL, UBER, WRTC, XEL, YETI
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Blog
21 January, 2020
US Breakout Stocks Watchlist - 21st January 2020
20 January, 2020
US Breakout Stocks Watchlist - 20th January 2020
For the watchlist from the weekend scans of the US stockmarket - AVLR, CDNS, CHGG, COST, CRMT, DISCA, EBMT, FARO, FLIR, FWRD, HMI, INTU, LVGO, MKSI, NNBR, NVCR, NWL, PETS, PLAN, POL, PTON, SMG, TTWO, VECO, VRRM, VTRN, WERN, ZUMZ
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19 January, 2020
Video: Trading Stock Market Breadth Indicators - the "Weight of Evidence" for US Stocks
Weekend update of the major US stock market indexes and indicators. A weekly look beneath the surface of the US stock market, featuring the key market breadth charts for timing trading stocks and the stock market indexes, such as the NYSE Bullish Percent Index, the Advance Decline Line, the New Highs - New Lows etc and some custom breadth indicators of my own in order to determine what the "Weight of Evidence" is suggesting in terms of the US stock market direction and how to allocate your money.
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19 January, 2020
Bullish Percent Index and Moving Average Breadth Indicators Update - NYSE, Nasdaq and S&P 500
The NYSE Bullish Percent Index, sometimes referred to as the head coach closed just below the key 70% level for the first time since the breakdown in early 2018 this week. So although it's moving towards the upper zone, it's not yet oversold by any means, and the Nasdaq is in a similar position just below the key 70% level also.
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18 January, 2020
US Sectors - Percent of Stocks Above their 150 Day Moving Average
The Sector Average is at 72.21% currently and gained +4.20% since last week with Utilities having the largest gains by a long way this week. Followed by Consumer Discretionary, Consumer Staples and Technology.
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18 January, 2020
Cumulative P&F Breakouts - Breakdowns custom Breadth charts
Updated custom breadth charts that I do based on the daily point and figure double top breakouts and double bottom breakdowns. +296 net breakouts - breakdowns for the week
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18 January, 2020
US New Highs - New Lows Charts
Attached is the latest US New Highs - New Lows Charts. Note the large move in the NYSE New Highs at the end of the week which was the largest daily amount since 2010.
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18 January, 2020
NYSE and Nasdaq Advance Decline Charts
Updated NYSE and Nasdaq Advance Decline Breadth Charts, including the cumulative AD line, momentum index, cumulative AD volume line, 10 Day AD oscillator and the McClellan Oscillator and Summation Index.
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18 January, 2020
Major US Stock Market Indexes Update
Another week, and more new highs. The major stock indexes. i.e. the S&P 500 and Nasdaq 100 continue to soar to new highs, closing the week strongly. But they are now moving out of their normal weekly range, as some have moved outside of the 3 times their average weekly range Keltner channel - which is quite rare, as around 95% of time or so the price action will trade within that range.
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16 January, 2020
US Breakout Stocks Watchlist - 16th January 2020
For the watchlist from Thursdays scans - AAXN, APPN, FBIO, FUTU, GH, IRDM, KRTX, MRNA, MRVL, OESX, RUHN
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