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A bit of selling in small caps


The small caps are showing some signs of selling. The technology large caps continue to struggle and the Nasdaq 100 has been finding it difficult to participate in this rally.

It is too early to say rally under pressure. For that breadth will need to deteriorate further. The bullish sentiments continue to rise and you see front page of newspaper and they have stories about individual investors coming back in the market. That by itself is not a reason to worry as sentiments can remain elevated for long before market can top.

Overall the moves in individual stocks are muted with many not making much headway after breakouts. 
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Breakout Anticipation Watchlist for Jan 18, 2013

Stocks with  3 month momentum, that are setting up for possible breakout in near future. AMTD ARCO BPZ CODE DLLR FCN FSS INVN LHO...

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Breakout Anticipation watchlist

These are stocks with three month  momentum that are having range contraction/ pullbacks currently and will likely breakout in next few we...

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Understanding range expansion can help new traders

I get lot of emails from the readers of this blog asking where should they start if they are new to trading. It can be very confusing for n...

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Breakouts a galore

Last 2 days have seen huge number of stocks breaking out. There has also been good intraday as well as next day follow through on them. A...

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S&P Returns from 1926 to 2012

Market has an overwhelmingly positive bias. From 1926 to date the S&P has been down more than 20% on calendar year basis only 6 times.

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A good start to the year

Relief rally at work after the fiscal cliff deal was passed. The market was under pressure due to the overhang of the deal. However selling...