The NASDAQ 100 All Stars model closed up +1.09% on the week. The NASDAQ closed up a little more +1.50%. The model still leads the QQQ by 4% year-to-date. The model underperformed the benchmark this week by 0.4%. Fastenal (FAST) …
The ETF Complete model closed the week up 4.1%, beating the SPY by a wide margin which closed up +1.6%. Year-to-date, the Complete Portfolio is outperforming the SPY by about 3%. The market rally continued, albeit at a slower pace. …
The Sector models closed the week up between +1.38% (Aggressive) and +4.34% (Moderate) on the week. The SPY closed up +1.60% on the week. The market rally continued, albeit at a slower pace. After spending two weeks roughly going sideways …
The Country models were up on the week an average of about +4.0%. The benchmark was up +1.9%. The market rally continued, albeit at a slower pace. After spending two weeks roughly going sideways the market put in a new …
The Russell 2000 Takes Us Somewhere Over the Rainbow
“You’ll Never Find a Rainbow if You’re Looking Down”-Charlie Chaplin
Santa Fe, NM photo taken by Mish
A rainbow, like the markets, is not a 2-dimensional image. It’s more like a …
***NOTE: Raise First Profit Target in SLV to: 17.34 for ½ off
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New Position: WFM: Long 1/2 30.50 ATR .75
Name of Instrument: Whole Foods Market
Current Price: 30.95
Reason For Trade: Second probe on a low volume reversal …
Longs
WFM
CMG
DLTR
IWM
TTWO
GDX
XRT
XOP
EQR
IYR
K
EA
GT
SYK
Shorts
BBBY
WDC
CREE
JWN
LGF
CAR
AAPL…
Is the Russell 2000 the Market’s Houdini?
Inky the Octopus’ Shawshank Redemption!
Not my first foray into using the elusive and highly intelligent octopus as a solid (liquid?) market metaphor. Today’s story fits well. For past Daily’s using an Octopus …
New Position: WFM: Long 1/2 30.50 ATR .75
Name of Instrument: Whole Foods Market
Current Price: 30.65
Reason For Trade: Second probe on a low volume reversal pattern. ½ position to be conservative but you are welcome to have more …
Longs
WFM
CMG
TWTR
ATVI
CSIQ
APD
BUD
LNKD
MAC
WDAY
Shorts
DISH
HUM
JWN
CREE
WDC
MU
HZNP…