RE: US Stocks and ETFs - Watchlist and Discussion
A few I have seen. Unfortunately the charts might look nice, but some are more volatile than I would like, so I assume whipsaws more likely, and I'm not seeing anything with nice volume. Note that the chart time periods change depending on what I think it most interesting.
WMT:
Nice shape, where is the volume. Also RS only just picking up.
UA:
Similar comment to the above, but not the long term up trend.
OLP:
US Property REIT sector seems to have been near, but not necessarily right at the top for a while. Though the long term RS shows this lags the S&P500, but it is a nice long uptrend.
GNRC:
Nice long cup and handle? Volume spike, but is it significant as this stock has lots of them.
I note that the S&P500 is only a few percent below making a new high, so it could make a new high, or despite the strength, turn back down again. My breadth charts are looking strong. I admit that I am feeling keen, perhaps emotional, on opening another position. I have some orders in in case of pullbacks but I suspect not all will trigger.  I will sleep on these.