It is tough to chase CLUB today, with it up over 20%. Right behind it, though, another gym franchise is set up well. LTM looks good on strength above $43/$43.50 on the back of the CLUB breakout. Keep it on watch.
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Looking Here for Relative Strength
The following stocks remain technically strong in spite of the broad market selling this week. In the event that we see the selling abate tomorrow, I expect them to continue to outperform and show relative strength.
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Comments »
Do You Dare to Rare?
The high beta rare earth names have been seemingly a forgotten bunch after have some incredible momentum late last year. After correcting and then consolidating for several months, they are moving with energy today. The leader of the pack is MCP, but also watch AVL REE and SHZ. I also charted REMX, the ETF for the group.
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Developing an Appetite for These Food Stocks
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Ready for the Natty Bong Hits
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The following names have at least some exposure to natural gas. While the degrees of natty involvement may vary, as I mentioned earlier today I like energy stocks going forward. I am looking to get involved with these names on any strength, based on their favorable technical setups. Unlike the cheap Natty Ice beer, though, these ideas are quality.
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Stock Trading Ideas and Explanations
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