Recent Entries

  • Killing It

    Top earners with high relative strength continue to kill it as the broader market inches higher. It’s Santa Rally time. Don’t mess with shorts – unless you can be nimble. Financials and Semiconductors pegging new highs pose a strong mark of endorsement to the Bull. The Naz has posted some tippy looking distribution – but […]

  • Solid State

    Growth stocks, as our group of top earners and relative strength winners suggests, look pretty solid as the broader market scratches new highs. About a third from our list below are successful breakouts, while another third flounder well beneath former highs and the rest show show only subtle biases. We love nothing better than jumping […]

Chart Watch

  • The Russell 2000 is all alone under its high mark as the Dow, Naz and S&P 500 hit fresh breakouts. Our attention is focused on this small cap index because 1. That’s where we often find the best growth stocks and 2. This is a former leader in the recent bull market, so could be […]

  • S&P 100 options traders are complacent, according to the VIX chart above. This Point & Figure interpretation of the indicator, with all the X’s and O’s, cancels out the noise of traditional charts by only marking significant moves. Clearly a breakdown to record lows makes a counter move up inevitable, which means selling is on […]