Strategy Session Notes (December 7, 2017)
SS 120717Today’s Live Training was great today. As always, it was recorded. Here are the links to the recording: GoToWebinar Regular Speed:
Fast Speed (this is a downloadable version that will take several minutes to download):
COTD: FSLR — Breakout continues.
Short Video Tonight:
SPX – all indexes doing the same thing….holding in consolidation
DJI
DJT
NDX
XLF
GS
XLI
PPA – aerospace working. Look at $NOC/$BA
XAL – airlines working
Stocks:
- TAN – steep drop…lots of supply. Stop around $22.90
- SEDG – successful test of 50-day MA
- HOME – close to new high. Buy stop above $30? Alert $30.11
- RNG – 50-day MA is support. Up 6% today. Regret can’t be soothed by a late entry.
- PH – squeezing.
Growth Stocks (selected ones):
- ALGN – steep drop à Overhead supply.
- OLLI – earnings selloff. But still above breakout. Stays on the list.
IPOs – can check notes in forum.
Requested Videos from a member:
General Comment: All of these are in uptrends. Upper Winner’s Circle. But none are particularly explosive.
- TRU – Doesn’t have “that look.” Drifting higher…but how far could a breakout go? Compare to April.
- RP – Good uptrend. Nothing wrong with this at all…but not really “squeezing”.
- NEE – in uptrend.
Strategy Session