7/14
None. We reach a new all time low of just 47 stocks in the active uptrender database. Compare that to May 2nd when I posted we had hit a new low of just 92 uptrenders. At some point we will reach the mother of all buying opportunities.
-----------billy
Today's Stocks in an Uptrend
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Wnr
WNR came within .18 of target last week and within .41 today. One more super market day and I think it will hit 20.86.
-----------billy
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Guest repliedWnr?
Looks like WNR has a heavy short interest (20%), and spotty EPS track record. Chart looks nice though.
Safer play could be a good entry on the ones mentioned before: VHC (interesting tech co, but watch those shorts), PSMT, TIF, and HLF.
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Billy,
WNR passed it's target last week, or at least came close to it. Did it fall off thre list for being on too long?
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7/13
ZAGG, our 1st 3X qualifier since May 18th. ZAGG is a buy at 14.36 with a target of 16.66. Meanwhile we have 52 stocks active in the uptrender database with just 7 , 2X qualifiers. They are: AET, CCIX, CNTF, HLF, PSMT, TIF, VHC
------------billy
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Billy...The market was good last week (Altho IBD was a day late and 42.51 points short in changing to RESUMED UPTREND) the volume was low...My Today's MoMo list was light last week because of the low volume.
However, yesterday we had 122 ALL TIME NEW HIGHS and 14 of them had 1.5x + ADV yesterday.
Doug
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