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Wide-spread follow-through buying did take place, unlike the prior week, as investors interpreted new economic data favorably. | November 20th, 2023
Wide-spread follow-through buying did take place, unlike the prior week, as investors interpreted new economic data favorably. Driving this enthusiasm was a CPI report showing inflation in check at a slight decline from prior measurements – although the decline was...
Performance Results | $FMS, $INBX, $NTCO, $LEGH, $RCMT, $AMTX, $PUMP
5 new weekly highs among long positions. Big rise in AMTX, FMS, INBX, INVE and NTCO. 8 stocks with double-digit % long gains: FMS +13 INBX +20 RCMT +76 AMTX +121 LEGH +15 PUMP +106 NTCO +13 RYAM +11 No new weekly low among short positions. No stocks with double-digit...
Wide-spread follow-through buying after the prior week rally did not occur. | November 13th, 2023
Wide-spread follow-through buying after the prior week rally did not occur. In a few instances it did, raising a stock price here and there, but most stocks immediately slumped again. Whatever data caused buyers to snap up stocks the prior week was not enough to...
Performance Results | $LEGH, $VERV, $RCMT, $AMTX, $PUMP
Performance for our Level 1 Newsletter (20 of the top 60 performing stocks) 6 new weekly highs among long positions. Big rise in LEGH and RCMT. 5 stocks with double-digit % long gains: LEGH + 15 RCMT +78 AMTX +102 VERV +19 PUMP +103 1 new weekly low among short...
An abrupt reversal in stocks. | November 7th, 2023
An abrupt reversal in stocks, with sudden buying interest after weeks of overtly pessimistic selling. The catalysts for the turn-around began with the Fed NOT raising rates and signaling that maybe no more rate increases are necessary. They cited economic contraction...
Performance Results | $VERV, $EXPI, $RCMT, $AMTX, $PUMP
Performance for our Level 1 Newsletter (20 of the top 60 performing stocks) 3 new weekly highs among long positions. Big rise in AMTX and VERV. 5 stocks with double-digit % long gains: EXPI +14 RCMT +41 AMTX +117 VERV +18 PUMP +127 No new weekly low among short...