The market up-trend rolls on with all indicators at their maximum levels. There were 607 new highs in my universe of 4,000 stocks on Monday. NOG, the stock I wrote about on Sunday night, rose +4.4% on Monday. IPGP, the stock I wrote about on January 13 at around $38, rose 7% on Monday, to $53.80. The RWB rocket pattern really works during a market up-trend!
The RWB pattern works even for SXCI (health), which I bought a long time ago — it’s a rocket that you missed !!
I miss a lot of rockets! Can’t trade them all.
any advice on choosing among rockets?
Hey Jason,
Look for stocks with at least 25% EPS gain year over year. In addition, it may be a good idea to look for some acceleration in EPS quarter to quarter as well. But again, the stock has to be in a stage 2 (or RWB) in your case. These are just a few ways, but there are many others.