Courtesy of The PPT algorithm, here are the most current top five readings from my “12631 RELATIVE STRENGTH” custom-made screen, identifying which stocks are exuding some of the best performances to the market at-large at any given moment.
I look for stocks whose Daily PPT Hybrid Score surges, while the Weekly Hybrid has been negative over the past week. This can often yield stocks which are emerging from consolidations.
Members can click here to view and save the screen.
Sorted for at least 500,000 shares of daily average volume to ensure liquidity.
Please click on image to enlarge.
________________________________________________________
hey chess,
Started an $EBAY short a couple days ago after watching your videos that included them as a potential candidate. Looking nice today with the downgrade and lots of people jumping neg on CNBC today. Thanks for the idea!
All about $50—Needs to break again and I think the short will work very well. Good luck!
agreed, though i tend to scale out of shorts if they are working to minimize risks, so if we get to 50, i’ll prob only have 1/3rd or so left.
Nice
I’m looking at the LVS daily chart and wondering if there was anything that stood out before today that could of had you positioned long other than a passive “ride the long-term uptrend” mentality. This is more of a trading methodology/theory question than anything else. just curious. I see a bounce off the 20 MA / EMA that could have been seen as (possibly) immediately constructive.