The markets have continued to climb higher since the resolution of govt shutdown. There has hardly been a pause.
The move has also been supported by breadth. If you see the Market Monitor breadth figures, since 10/10/2013 we have had overwhelming number of positive breakouts. In last 3 days we have seen a bit of selling.
The market move has been characterized by rotation. New sectors have taken up leadership and many stocks that were momentum leaders in prior move have reversed or in correction mode.
Few days /weeks spent digesting the move can set us up for year end rally.
Top 50 stocks ranked by momentum
The move has also been supported by breadth. If you see the Market Monitor breadth figures, since 10/10/2013 we have had overwhelming number of positive breakouts. In last 3 days we have seen a bit of selling.
The market move has been characterized by rotation. New sectors have taken up leadership and many stocks that were momentum leaders in prior move have reversed or in correction mode.
Few days /weeks spent digesting the move can set us up for year end rally.
Top 50 stocks ranked by momentum
| ACAD |
| IDRA |
| CSIQ |
| ZHNE |
| RSOL |
| SPWR |
| TSL |
| CSUN |
| JKS |
| RVLT |
| VIPS |
| GALT |
| GST |
| CMGE |
| GNVC |
| TSLA |
| BCRX |
| LCI |
| EVC |
| MTG |
| NFLX |
| HSOL |
| HIMX |
| RAD |
| NXST |
| YGE |
| IQNT |
| FOE |
| CLVS |
| GENT |
| CPRX |
| GTN |
| BITA |
| ICAD |
| LIN |
| CLDX |
| KERX |
| ARWR |
| PLUG |
| AEGR |
| USAK |
| III |
| ISIS |
| BEAT |
| INO |
| ROIAK |
| GERN |
| VISN |
| STP |
| EGLE |
The list is updated daily and you can find it on the Stockbee 50 tab. The list is primarily helpful to swing traders to find both long and short stock ideas.
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