The sectors that have been lagging for weeks were the best-performing sectors yesterday; Bios, Banks, Energy, Small caps. Facebook, Amazon, Apple, Google, Netflix, Tesla, were down for most of the day until a late day push (Netflix and Tesla closed lower).
Risk on happened real fast, the key will be follow through, the Russell 2000 has been stuck in a range 6-months and now is testing the upper end of its range.
$KEM, $SGMO, $MZOR, $TRVG, $BZUN, $WKHS, $GRUB, $PDLI are the stocks on my watchlist today. These names are some of the top momentum names currently that are going through a low volatility period. We want to get involved at the first sign of expansion.
Stocks move in short term momentum bursts that typically last about 3-5 days.
Here are two examples;
Stock Of The Week Recap
Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at firstname.lastname@example.org or 646-480-7463.
We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills. If this is something you can relate to, then this blog is for you.