Attached latest #IBD50 list.
17 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 2% above a MA;

Potential bullish trades will be discussed with ThinkorSwim charts showing Pocket Pivots, VCPs (Volatility Contraction Patterns)… for selected #CANSLIM stocks (from this IBD50 list).

Pocket Pivot is explained in Morales/Kacher books. VCP is explained in Minervini books.

💪 Stock market today

Wednesday's move marked a 6th subsequent follow-through since the market uptrend got confirmed on Jan. 6 with a solid follow-through day by the Nasdaq and S&P 500.

Meanwhile, the S&P 500 saw its distribution day count fall to 2; the Jan. 18 distribution day got wiped away due to recent price gains.

The Nasdaq's rise helped paced a 1.5% advance by the Russell 2000 and a nearly 1.1% rise by the S&P 500.

#investing #trading #stocks

Attached latest #IBD50 list.
20 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades will be discussed with ThinkorSwim charts showing Pocket Pivots, VCPs (Volatility Contraction Patterns)… for selected #CANSLIM stocks (from this IBD50 list).

Pocket Pivot is explained in Morales/Kacher books. VCP is explained in Minervini books.

Stock market bounced back in force Tuesday after a soft start to the week.

Distribution days have been nonexistent since Jan 6. $SPX currently shows 3, but only 1 had the feeling of 💪 institutional selling... on Jan 18, when the index fell 1.6% in volume.

$IWM rose 2.4% , $QQQ rose 1.5%, $SPY rose 1.5% and $DIA rose 1.1%

#investing #trading #stocks

Attached latest #IBD50 list.
0 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades will be discussed with ThinkorSwim charts showing Pocket Pivots, VCPs (Volatility Contraction Patterns)… for selected #CANSLIM stocks (from this IBD50 list).

Pocket Pivot is explained in Morales/Kacher books. VCP is explained in Minervini books.

An eagerly-awaited Fed meeting, nonfarm payrolls report and Q4 tech earnings have converged into a treacherous week for the stock market. Indexes stalled Monday, trying to digest the new challenges.

$NASDAQ led the way down with a -2% tumble. S&P 500 fell -1.3% but is holding above the 4,000 level and its own 200-day SMA. $DJIA gave up 0.8%. Resistance around 34,000 looks more apparent after Monday's decline.

$SPY fell -1.3%, $IWM fell -1.4%, $QQQ fell -2%

Attached latest #IBD50 list.
7 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades will be discussed with ThinkorSwim charts showing Pocket Pivots, VCPs (Volatility Contraction Patterns)… for selected #CANSLIM stocks (from this IBD50 list).

Pocket Pivot is explained in Morales/Kacher books. VCP is explained in Minervini books.

The stock market ended a good week on a high Friday, even though gains faded into the close.

$NASDAQ fared best again as it rose 1%. It popped >4% for the week and reclaimed its 200-day SMA.

The S&P 500 closed 0.3% higher, giving up some upside into the close. It ended the week with a 2.5% gain. The benchmark index is now pulling away from its 200-day SMA, an important and bullish move.

$QQQ rose 1.0%, $IWM rose 0.5%, $SPY rose 0.2%.

#stocks #trading

Attached latest #IBD50 list.
13 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades will be discussed with ThinkorSwim charts showing Pocket Pivots, VCPs (Volatility Contraction Patterns)… for selected #CANSLIM stocks (from this IBD50 list).

Pocket Pivot is explained in Morales/Kacher books. VCP is explained in Minervini books.

$DJIA rose 0.6% $SPX rose 1.1% $NASDAQ rose 1.8% $RUT rose 0.7%

Volume rose on the Nasdaq and the NYSE vs. the prior session.

IBD's stock market outlook is in a "confirmed uptrend" amid strong gains since early January, when the Nasdaq signaled a follow-through day on Jan. 6.

#stocks #trading

Attached latest #IBD50 list.
8 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades may be discussed (before market opens tomorrow), with their ThinkorSwim charts showing Pocket Pivots, VCPs (Volatility Contraction Patterns)… for selected #CANSLIM stocks (mostly from the latest IBD50 list)

Today $DIA rose 0.07% $SPY rose 0.04% $QQQ dropped -0.22% $IWM rose 0.28%

The stock market is showing resilience. The NASDAQ was down more than 2% early in the day before it made its rebound.

The yield on the benchmark U.S. Treasury 10-year bond edged down less than 1 basis point to 3.46%.

The Federal Reserve is widely expected to raise interest rates by just a quarter point at its first policy meeting of the year next week, to be held on Jan. 31-Feb. 1.

#stocks #trading

Attached latest #IBD50 list.
11 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades will be discussed during this weekend and their ThinkorSwim charts showing Pocket Pivots, VCPs (Volatility Contraction Patterns)… for selected #CANSLIM stocks (from this latest #IBD50)

VCPs are explained in “Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard” by Mark Minervini.

Today $DJIA rose 1.0% $SPX rose 1.9% $NASDAQ rose 2.7% $RUT rose 1.7%

Stock market ended a tough week on a high, with stocks of all stripes surging higher.

With encouraging action at week's end, it makes sense for investors to have 40% to 60% market exposure. But given the risky environment, be ready to reduce this to 20% to 40% if bears regain the upper hand

#CANSLIM #stocks #trading

Attached #IBD50 list.
7 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades are discussed with ThinkorSwim charts showing Pocket Pivots, VCPs (Volatility Contraction Patterns)… for selected #CANSLIM stocks (mostly from the IBD50 list)

Yesterday $DJIA dropped -1.1% $SPX dropped -0.2% $NASDAQ rose 0.1% $RUT dropped -0.2%

The $SPX is above the 50-day SMA and testing the 200-day SMA, which marks the dividing line between bull and bear markets. Strong earnings reports this week could bring reluctant bulls off the sidelines, setting up a breakout

Volume edged higher on the Nasdaq and rose on the NYSE. Although the S&P 500's loss was moderate, it was barely enough for a distribution day — the first of the new market uptrend

This busy economic reporting week could move the stock market

#IBD50 + Edgerater + Technical Analysis = $LSCC & $ODFL for today's watchlist.
(note: I use a few other tools to select more stocks for my watchlist)

#IBD50 is a daily list of the current top 50 growth stocks per @IBDinvestors

Some Edgerater documentation:

https://www.edgerater.com/docs/index.html#!trading-strategies-signals/bongo.htm

https://academy.edgerater.com/morales-kacher-code-blue-template/

IBD market outlook had switched to "market in confirmed uptrend" as of Friday 1/6 EOD.

Attached updated #IBD50 list.
10 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades are discussed with ThinkorSwim charts showing Pocket Pivots, VCPs (Volatility Contraction Patterns)… for selected #CANSLIM stocks (mostly from the IBD50 list).

On Friday: $DJIA rose 0.3%, $SPX rose 0.4%, $NASDAQ rose 0.7%, and $RUT rose 0.6%

$SPX ended with a 2.3% weekly gain. It has mounted both 50-day MA and 200-day line, closing just a hair above the latter. Holding this key level will be an important test of relative strength.

$NASDAQ fared better, with a 0.7% lift. It has mounted its 50-day line but is still 4.8% below the 200-day MA and needs to overcome major overhead supply to add to short-term gains.

Attached updated #IBD50 list.

21 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades will be discussed in separate posts with ThinkorSwim charts discussing Pocket Pivots, VCPs (Volatility Contraction Patterns), etc, for selected #CANSLIM stocks (mostly from this IBD50 list).

Attached updated #IBD50 list.

5 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades will be discussed in separate posts with ThinkorSwim charts discussing Pocket Pivots, VCPs (Volatility Contraction Patterns), etc, for selected #CANSLIM stocks (mostly from this IBD50 list).

Attached updated #IBD50 list.

7 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades will be discussed in separate posts with ThinkorSwim charts discussing Pocket Pivots, VCPs (Volatility Contraction Patterns), etc, for selected #CANSLIM stocks (mostly from this IBD50 list).

Attached updated #IBD50 list.

4 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades are discussed with ThinkorSwim charts showing Pocket Pivots, VCPs (Volatility Contraction Patterns)… for selected #CANSLIM stocks (mostly from the IBD50 list).

2 stocks (from the #IBD50 list) are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades are discussed with ThinkorSwim charts showing Pocket Pivots, VCPs (Volatility Contraction Patterns) for selected #CANSLIM stocks (mostly from the IBD50 list).

These are explained in Morales/Kacher and Minervini books.

Attached updated #IBD50 list.

7 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades will be discussed in separate posts with ThinkorSwim charts discussing Pocket Pivots, VCPs (Volatility Contraction Patterns), etc, for selected #CANSLIM stocks (mostly from this IBD50 list).
1/2

Attached updated #IBD50 list.

5 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades will be discussed in separate posts with ThinkorSwim charts discussing Pocket Pivots, VCPs (Volatility Contraction Patterns), etc, for selected #CANSLIM stocks (mostly from this IBD50 list).
1/2

Attached updated #IBD50 list.

20 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades will be discussed in separate posts with ThinkorSwim charts discussing Pocket Pivots, VCPs (Volatility Contraction Patterns), etc, for selected #CANSLIM stocks (mostly from this IBD50 list).
1/2

Attached updated #IBD50 list.

6 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades will be discussed in separate posts with ThinkorSwim charts discussing Pocket Pivots, VCPs (Volatility Contraction Patterns), etc, for selected #CANSLIM stocks (mostly from this IBD50 list).
1/2

Attached updated #IBD50 list.

2 stocks are blue highlighted as they met these 3 criteria:
● 5-day or 10-day pocket pivot;
● Code Blue i.e. at least 3 out of 4 of these signals: Force 2, Force 13, Bongo Weekly, Bongo Daily;
● Tight price action, < 4% above a MA;

Potential bullish trades will be discussed in separate posts with ThinkorSwim charts discussing Pocket Pivots, VCPs (Volatility Contraction Patterns), etc, for selected #CANSLIM #stocks (mostly from this IBD50 list).