SATS Attempts Breakout Above 50-Day Moving Average
$SATS working on the right side of its new base and trying to get back above its 50-day moving average. Chart courtesy of @marketsurge @IBDinvestors #IBDPartner https://t.co/91XEuEGmgG
Strong Entry, Patience Needed Amid Volatile Early Trading
I'm liking the price action so far in the first hour of trading. There's definitely some subtle improvements beneath the surface in recent days. It's still going to be volatile over the near-term, but having a strong entry point, a...
Nasdaq Bounces, Rally Begins—Patience Needed for Growth
The Nasdaq Composite bounced off its 200-day moving average and today is Day 1 of a rally attempt. From here, I would like to see minimal to no distribution over the next few days and a follow through day later...
VRT Joins S&P 500 After Friday Close
$VRT was added to the S&P 500 after the close last Friday. Chart courtesy of @marketsurge @IBDinvestors #IBDPartner https://t.co/nBBYFdAKO8
Growth Stocks Thrive Outside Mag 7, Defying Bearish Outlook
There's nothing wrong with being defensive until we see better accumulation in the Nasdaq, but I'm not getting bearish because there are so many growth stocks (outside of the Mag 7) that are in strong uptrends. More here in this...
Options Positioning Can Mute or Delay Earnings Moves
Sometimes, earnings moves are muted or delayed due to positioning in the options market. I don't know why more people don't talk about this?
Growth Stocks Show Early Signs of Resurgence
Since the beginning of the year, value-related stocks and the broader market (as seen by the Dow Jones Industrial Average, the NYSE Composite, the equal-weight S&P 500 ETF (RSP), Energy (XLE), and other defensive sectors) have performed better than growth...