Stocks Are Working
Unlike the rallies of the last 15 or so months, individual stocks are working, they are moving, and it’s not only Facebook, Amazon, Netflix, and Google. THC, FEYE, SPNC, PAH were some of the standouts from yesterday’s list.
I have a very short list today compared to the last few days. As the market moves higher my list will more than likely get smaller by the day until we get a pullback or some sort of consolidation. This market has been rotating from sector to sector, what has been strong takes a break and what has been weak gets bid up, not sure what sector is left to get bid up here in the short-term.
Here’s my list for today; WLB, VRSN, FIVN, VNCE, RUN, MCRN, CHARTS.
- I only have an interest in the stocks above if they go through yesterday’s high plus a few pennies.
- The market will either get me in or keep me out.
- The time frame is roughly 3-5 days.
- No one has ever said better than Pradeep Bonde; stocks move in momentum burst that last 3-5 days (I’m paraphrasing), and that is what we look to take advantage of.
My opinion and outlook are subject to change as new information comes in.
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 email@example.com or 646-480-7463.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
This information is issued solely for informational and educational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. None of the information contained in this blog constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. From time to time, the content creator or its affiliates may hold positions or other interests in securities mentioned in this blog. The stocks presented are not to be considered a recommendation to buy any stock. This material does not take into account your particular investment objectives. Investors should consult their own financial or investment adviser before trading or acting upon any information provided. Past performance is not indicative of future results.
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