Stock Market Mentor

Strategy Session Notes (December 7, 2017)

Stock Market Mentor
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SS 120717

Today’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:

  1. TAN – steep drop…lots of supply. Stop around $22.90
  2. SEDG – successful test of 50-day MA
  1. HOME – close to new high. Buy stop above $30? Alert $30.11
  2. RNG – 50-day MA is support. Up 6% today. Regret can’t be soothed by a late entry.
  3. PH – squeezing.

Growth Stocks (selected ones):

  1. ALGN – steep drop à Overhead supply.
  2. 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.

  1. TRU – Doesn’t have “that look.” Drifting higher…but how far could a breakout go? Compare to April.
  2. RP – Good uptrend. Nothing wrong with this at all…but not really “squeezing”.
  3. NEE – in uptrend.