This market is getting very frothy. I am watching for the Fed to raise rates and kill the bull. But the GMI remains strong for now…
I took some time this weekend to look at my watchlist of recent IBD50 and MarketSmith250 growth stock lists and found 6 stocks that merit further research. All had a green line break-out (GLB) to an all-time-high last week after a strong advance followed by a multi-week consolidation. My undergraduate students–check your TR to make sure they meet your criteria for purchase during the class trading simulation. I found these using a new TC2000 scan I shall share with the class next week. Note that AMAT reports earnings on 11/11.
