Election Eve and a New Idea

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Last evening, instead of embarking on some last minute campaigning in states that I was bound to lose anyway, I was required to report to my local sleep study center to determine if, in fact, I am saddled with sleep apnea.  Mind you, I am not overweight, but from time to time I do get these ridiculous headaches that my doctor suspected were linked to a sleep disorder.

Well, I come to you this morning bearing some good news.  From all indications, I am sleep apnea free.  Unfortunately, the bad news is that the cause of my hideous head pain continues to be a mystery.

Nevertheless, lying in a foreign bed with wires hooked up to all parts of my body is not how I envisioned spending my iBC Tabbed Blogger Election eve…but, you gotta do what you gotta do.

On to more pressing matters.

In his incredibly informative daily “What The PPT is Saying” posts in The PPT blog, “The Fly” indicated that short squeezes and momentum are the flavor of the day, as compared to stocks registering OVERSOLD.  Now, this is completely contrary to what my thoughts were on this matter just yesterday.  After seeing some of my picks from yesterday fall flat on their face, I absolutely concur with this sentiment.

With this thought in mind, I have curated a short list of stocks that I believe could be ripe for some momentum into Santy Clause Day.  Some parameters: below 200 day MA, above 20 day EMA and 63 day (quarterly) EMA, breaking higher.

I’ll save the commentary and just post some visuals…make of it what you want.

$CLS

$LUFK

$MT

$SWY

$WM

Be sure to vote.

My best to you all.

-EM

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