This weekend I will be publishing a review of all of the High Tight Flags identified over the last 30 days. Stocks get dropped from the screen for a variety of reasons, but most likely because they have started making new highs or lower lows. The review should be instructive and valuable. In the mean time, here are the HTFs that made the cut Thursday after the close.
“Recently Bill Gross co-CEO of PIMCO was taken to the WOOD SHED (er?) by media and traders at competing investment funds for saying PIMCO was shorting US treasuries; anti-American. Although PIMCO probably haven;t been short bonds recently, Gross took heat to his reputation. This morning Mohammad El Arian c0 CEO at PIMCO said the firm cantinas to believe there are better opportunities outside the US in other bond markets. That PIMCO is bearish on the US bond market while most others are slightly optimistic rates will continue to fall illustrates the divide that exists in the market now.”
Thanks for continuing to do the HTF updates, amigo
no problem charlie. No real changes for Monday. Ran out of time to write the review, but I’ll get to it real soon.