In the video below I discuss four actionable ideas that are fundamentally sound and are technically intact. The names come from Investors Business Daily TOP 200 Composite stocks, a list that narrows down the stock universe from 5,000 names to a select few that are showing the best fundamentals and technicals. $GRUB $SPLK $COUP $LGND Take Charge With IBD; 3-WEEK Trial #IBDPARTNER #AD
$ICPT $OSG $TDW I’m opening my managed assets program if you have an interest or need a second opinion feel free to REACH OUT. Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. See How I Translate My Tweets & Blogs Into Actual 3rd Party Verified Trades Work With Me DISCLAIMER
#IBDPartner, MarketSmith Turbocharges your stock research, take a 3-week trial; HERE. I’m opening my managed assets program if you have an interest or need a second opinion feel free to REACH OUT. Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. See How I Translate My Tweets & Blogs Into Actual 3rd Party Verified Trades Work With Me DISCLAIMER
Volatility continues to ramp up, and it is starting to wear on people. We went 440 something days without a 5% correction and about 100 days without a 1% intraday drawdown in the S&P 500. Sixty-six days into 2018 and we've already seen seven days were the S&P 500 has closed down 2% or more. Many people can't remember what volatility feels like and a majority don't like it. Via @OddStats 2018 is certainly not in great bull company. This week the indices across the board were firming up a bit. On Wednesday the Dow Jones had a huge turnaround, it [...]
In the video below I discuss how to use Investors Business Daily to narrow the universe of stocks to a select few that are technically and fundamentally sound. While doing that I came across two actionable ideas for today that fit the bill. I’m opening my managed assets program if you have an interest or need a second opinion feel free to REACH OUT. Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. See How I Translate My [...]
$MU $Z and $TWLO are three stocks that look great on both the daily and weekly timeframe. Micron was a name that people couldn't stop talking about a month ago; it rallied from $40 to $60 in a straight line on the back of non-stop aggressive bullish call buying. Micron's earnings number were impressive, but a lot of it was probably already baked into the stock in the short-term. Since its earnings announcement, the stock has retraced about ten points back to its 10-week moving average which is offering a decent risk reward trade. Micron's numbers were outright impressive; sales were [...]
It's no secret that the market has been under pressure. The year to date drawdown on the indices are not horrible, -3.5% for the S&P500, -4% for the Dow Jones and less than -1% for the Nasdaq 100. However, the drawdown from the January 26 high is a lot more significant, -11% for the Dow Jones, -10% for the S&P500 and -12% for the Nasdaq 100 from its 3/13/18 peak. For those that don't own the indices as core holdings, now might be a good time to own some since these type of drawdowns are a common practice as you [...]
I’m opening my managed assets program if you have an interest or need a second opinion feel free to REACH OUT. Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. See How I Translate My Tweets & Blogs Into Actual 3rd Party Verified Trades Work With Me DISCLAIMER
By now you've probably read all the headlines; "Wall Street tumbles on trade war fears; tech financial weigh." "Dow drops more than 400 points into correction, posts worst week since January 2016". "NASDAQ 100 Plunges 7.3% in a week, most since August 2015". It was a nasty week for the indices, the S&P500 lost -5.89%, and it's down -9.60% since the 1/26 peak, the Dow Jones lost -5.61% this week, and it's down -11.19% since January 26. If you guys don't remember, January 2016 and especially 2015 were both nasty times as you can see below. Corrections happen, they happen [...]
I bought $AAXN today at $38.20. It showed up in one of my favorite scans to run when the market is down three days or more in a row. The scan is simple; it spits out every stock and ETF that is down three days or more in a row and up today c1<c2 and c2<c3 and c3<c4 and c>c1. You can add a liquidity filter, a price filter, a moving average filter, etc. And if you want to get a head start before the market opens and just see all the stocks that are down three days in a row [...]
