I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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River,
A mysterious tipster just told me "a breakout on volume above 16 would be a very bullish sign, but NVDA remains a buy at 15 and a very strong buy at 12".
River,
A mysterious tipster just told me "a breakout on volume above 16 would be a very bullish sign, but NVDA remains a buy at 15 and a very strong buy at 12".
-----------billy
Bot a partial position yesterday @ 15.005 av. Cautiously waiting and watching. Thanks for the support.
Jiesen,
Good point "one data point does not a trend make"
Here are some of the requirements from an earlier post :
* volume >100,000 and above average for day
price increase at least 1.5% for day
stock uptrend has been in place for 5 days or more
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