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Enjoy tonight’s video, and enjoy your evening.
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See you after the bell for my video market recap.
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In the event we see heavily-shorted names squeeze again this week, here are some actionable long ideas.
Please click the screen shot below for a larger view of my “12631 FINISH HIM! SHORT KILLER SCREEN” inside The PPT. Obviously these stocks are going to have the highest percentage of shorts and, according to the algorithm, are set up well to squeeze further.
If this bull goes buck wild, this is a great idea screen.
Members can click here to view and save it.
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Here is that gold ETF chart, trying for another upside breakout from the long, sideways consolidation over the past two weeks.
I am watching for a move up through $128 now.
Also note the sudden strength in the gold miners this afternoon, to boot.
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The yellow metal, gold, is giving it another go at a breakout as we speak.
I have been long for a while now.
More on this in a bit.
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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.
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