Recent Entries

  • Wicked, WCIC

    Ideal high-vol breakout on WCI Communities (WCIC.).  This blogger is all in after mentioning any break through 20.25 would be an invite. That 20 mark is a big psychological one. Note that’s a weekly chart above. 40-week ema in yellow. Pattern and volume trend are solid. Under the hood, it’s not exactly stellar with nearly 5% […]

  • Bustin’ Loose

    Take a picture, we’re looking at  perfect breakouts on the major indexes. They don’t happen often. But more importantly, their attractiveness doesn’t really make them any better than any other new high. Gotta like the high vol move. Gotta like the broad participation across sectors. We’re seeing leadership from tech. The Naz looks to hit […]

Chart Watch

  • Homebuilders are back. This blogger’s anticipation of an industry wide breakout soured after a couple of less than rosy outlooks from key companies sent investors into defensive mode. That big, fat red volume bar tells us more than a few paws got burnt trying to play it. But the setup is back and poised better […]

  • 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 […]