US Breakout Stocks Watchlist - 13 July 2020
A big negative distribution day today, with stocks pushing higher early and then reversing and closing down strongly. My portfolio had an 8% range on the day. So was a big swing with many leaders reversing hard like TSLA. But one day does not make a trend and earnings season kicks off tomorrow. So be aware of your stocks earnings dates, as holding extended stocks into earnings is a big gamble. So make sure that you have a decent profit cushion of 8% more on any that you do hold through earnings.
For the watchlist from Mondays scans - ES, GILD, MRNA*, TFII, UBS, UNH, VXRT
*I added MRNA to my portfolio
To view the charts go to the blog at: US Breakout Stocks Watchlist - 13 July 2020
US Breakout Stocks Watchlist - 14 July 2020
A big reversal today after yesterdays selloff with a lot of rotation, as the weaker areas of the market showed the best relative strength. A particular area I noted in my scans tonight was numerous consumer staples stocks breaking out from bases.
For the watchlist from Tuesdays scans - A, ABB, ABBV, AEYE, AJG, ALGN, AMCR, ARNA, AVTR, CAG, CHTR, CL, CP, HUM, IPGP, K, KHC, KSU, MOH, NBIX, NOVA, RH, ROK, SEDG, UBS
To view the charts go to the blog at: US Breakout Stocks Watchlist - 14 July 2020
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.