Recent Entries

  • Barren and Lonely

    It’s a bleak scene for the Growth Stock landscape. All of the major indexes are trending below their 50 and 200-day SMA’s with a clear predominance of distribution. Very few, if any, candidates for upside leadership to be found. Very little in the way of  rallies as lack of institutional follow through buying from last month’s lows […]

  • Bear Nothing

    It’s a seller’s market.  No institutional follow through coupled with a lack of leaders gives no confidence for the bull. Gotta stick to what is, not what should be. Without this evidence of large fund sponsorship any rally is suspect. Smart and nimble money is looking to score on the short side. Odds may favor, […]

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 […]