These stocks from my IBD/MS lists are sorted by the last column, closing price/price a year ago.
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Blog Post: Day 34 of $QQQ short term up-trend; 115 US new highs and 6 lows; $NXT retakes green line to ATH on above average volume, see daily chart and IBD/MS ratings
I bought NXT back after it recovered from a failed GLB. Note the nice volume. Monthly chart shows it was an IPO in February, 2023. IBD/MS indicates high ratings. Comp=97, RS=91, EPS=95. Last 3 quarters of earnings are up triple digits. It is in the hot solar industry. Must close above green line at 46.55. N boxes indicate my notes when I bought. I sold after the initial GLB failed.
Blog Post: Market was very extended, let’s see how much of the recent gain will be given back, see discussion and weekly charts
Two of my sensitive indicators of the market becoming extended are T2108, which was nearing a nose bleed level of 80% and the fact that major stock indexes this week have been floating above their 4 week averages. Media pundits on CNBC opined that the news about China’s plans to take over Taiwan was the trigger. However, it is not the news itself but the market’s reaction to the news that provides us with an indication of its psychology. The market was ready for a reaction after the multi-week rally. This weekly chart of QQQ shows that the low of this week’s bar is still above the rising 4 week average, currently= 397.63. Usually a stock or index will come back and kiss the 4 week average during an advance after a gap week. I would be more concerned if QQQ should close this week below its 4 week average (red dotted line). DIA, SPY and IWM show the same pattern, see charts. Floating above the 4wk is less problematic at the beginning of a move up. Why advancing securities tend to climb the rising 4 wk average is a mystery to me.