More green...
And nobody believes it!
The stock market generated Breakaway Momentum today for the 25th time since 1945: walterdeemer.com/bam.htm
This is a genuine breadth thrust. It means (IMHO) we're in a bull market.
How long it lasts, and how far it carries, is something we will know only in the fullness of time.
I do not make long term predictions, but this tape is good for to play stocks in strong themes!
SPY 0.00%↑ 10 MA > 20 MA (we made it yeaaahhh), in the next pullback (BUT!!! —> if higher industry groups do behave strong in the next pullback and breath shows resiliance too) the portfolio barometer jumps to 50%!
Breakouts are clearly working right now, give him a follow:
I love stocks that double because they tend to double again.
Strong closes
$IMAB 19.22%
$ALT 8.09%
$PROF 4.92%
$EVER 4.39%
Mixed/Weak closes
$PRQR 2.87%
$CBAY 2.50%
$TNGX 1.65%
Nice Continuation
$EOSE 5.7%
Stocks I am watching below:
$VKTV
$GLYC
$RLX
$BTB
Stock list of today:
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