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About Frank Zorrilla

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So far Frank Zorrilla has created 610 blog entries.
12 07, 2024

Something Big Happened Yesterday

By |2024-07-12T09:10:20-04:00July 12, 2024 9:08 am|

The $IWM has had no net price growth in the last 3.5 years. For the previous two years, it has been trading between roughly $170 and $210. Maybe, just maybe, this is the beginning of something, and that would be a welcome change.   If yesterday's action truly becomes real, you want to focus on small-cap names and stocks with little or no price growth over the last two years. In other words, stocks are in bases, such as $GDRX and $WRBY, to name a few. And maybe the biotechs that I wrote about here This year, we saw negative breadth [...]

11 07, 2024

CEO Backs Up The Truck With A Huge Insider Buy

By |2024-07-11T09:13:20-04:00July 11, 2024 9:13 am|

Restoration Hardware was a Wall Street darling during the Covid pandemic. RH (NYSE: RH) curates design, taste, and style in the luxury lifestyle market. The company offers collections through its retail galleries, sourcebooks and online at RH.com, RHContemporary.com, RHModern.com, RHBabyandChild.com, RHTEEN.com, and Waterworks.com. From the bottom of March 2020 to its high in August 2021, the stock rose roughly 919%. Since then, the stock is down -70% from the August 2021 high and has been trading sideways for the last two years between $230 and $320 (roughly). BUT.......... Chairman and CEO Gary Friedman just completed the purchase of $10 million [...]

13 06, 2024

One Of The Worst Breadth Periods Ever

By |2024-06-13T12:12:09-04:00June 13, 2024 12:12 pm|

So here we are, sitting at all-time highs in the major indices, yet BREADTH is ATROCIOUS. On a day when the Major Indices (S&P 500 and the Nasdaq) hit all-time highs, we have; • 1,176 fresh one-month lows vs 218 fresh one-month highs. • 515 fresh three-month lows vs 123 three-month highs. • The McClellan Oscillator ticked lower with a reading of -92. (The McClellan Oscillator is a market breadth indicator based on the difference between the number of advancing and declining issues on a stock exchange, such as the New York Stock Exchange (NYSE) or NASDAQ.) • Stocks above their [...]

2 04, 2024

Hunting For Big Winners-3/31/204

By |2024-04-02T11:33:09-04:00April 2, 2024 11:33 am|

Going through the TOP 400 names in the market. Video content; • How do I come up with the TOP 400 names? • Big volume. • TC2000 color candles. • Inside days. • NR7. • 21 EMA. • Recent market environment (trading). • My timeframe. • Lower your timeframe to find more Set-ups. $SMCI $ARM $DELL $LYFT $DKNG $FROG $ACMR   Managed Assets. Subscribe To Our Trade Ideas

22 02, 2024

$IWM weekly chart with notes. (possible trade idea).

By |2024-02-22T10:13:22-05:00February 22, 2024 10:13 am|

• $IWM has been stuck in a range for 1.8 years. • Top of the range, call it $200. The bottom of the range--162.50ish. • If you believe in targets, take the top of the range minus the bottom of the range and add that to the top of the range; $200-$162.50 = $37.50 + +200 = $237.50. • STOP: on the weekly chart, the $190 level looks like the proper initial sell stop. From current levels, that is about 4% away. The potential upside based on the stock range is about +19.9%. • On the daily chart, there is [...]

22 01, 2024

This Is How It’s Going So Far

By |2024-01-22T16:43:16-05:00January 22, 2024 4:43 pm|

Here is an excellent breakdown of the S&P 500’s YTD returns so far. As you can see, we have not had significant broad participation AGAIN, but things are always subject to change. The small caps look favorable, and positive action from that group can and will expand breadth, leading to more individual stock opportunities.

26 10, 2023

A Majority Of Stocks Have Been In A Bear Market For The Last Two Years

By |2023-10-26T11:16:33-04:00October 26, 2023 10:55 am|

The Russell 3000 is the ‘Market’; the ETF comprises almost all large and small caps. The index gives you a feel for the overall market, unlike some of the other indices that are dominated by a few stocks. Year-to-date, 1,654 out of 2,689 are down (61%). 52 out of the 100 of the TOP market Capitalization stocks are down YTD. 94 out of the 100 Lowest market Capitalization stocks are down YTD. Unlike any other, this year has been about seven stocks: APPLE, MICROSOFT, GOOGLE, Amazon, NVDA, TSLA, and META. The MAG-7 peaked in July; [...]

12 10, 2023

2023 Has Been A Unique Year, One Of One, Here Is Why

By |2023-10-12T13:28:18-04:00October 12, 2023 9:20 am|

What a year. The market has NEVER witnessed a year like 2023 (so far). The magnificent seven stocks, AAPL, MSFT, GOOGL, AMZN, NVDA, META, and TSLA, have masqueraded the overall weakness in most stocks. The annual contribution of the ten largest market cap-weighted stocks has accounted for 96.5% of this year’s S&P 500 return. In other words, the return of the other 493 stocks in the S&P 500 is less than +2% vs a gain of over +12% for the index. That is what you call narrow breadth. The closest year to 2023 is 2007 when the top 10 stocks [...]

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