JS_TechTrading

JS_TechTrading

All Stocks on our watchlist are absolute top picks and fulfill Minervini's Trend-Template criteria and are selected using IBD's CAN SLIM criteria. Also, they all have low risk entry points. www.tradingview.com Featuring a few stocks: PBH With its next quarterly earnings report set for around Aug. 4, Prestige Brands (PBH) is trading approximately 10% shy...

JS_TechTrading

The stock market rally hit some turbulence Friday as weak earnings from Snap (SNAP), Seagate Technology (STX) and Intuitive Surgical (ISRG) weighed on sentiment but overall it was a good week at WallStreet last week. There are good reasons to be optimistic about a tradable rally, but several high-profile earnings reports next week will likely dictate the action,...

JS_TechTrading

The stock DLTR on our watchlist crossed a low risk enty point and generated a buy signal, we have added the stock to the JS-TechTrading portfolio. SL is less than 5.74% (SL at 161.9), profit target is > 12%. DLTR has a high relative strentgh (IBD style) and broke out of a volatility contraction pattern earlier today under high volume . Until now, the price /...

JS_TechTrading

Bear market surrenders ground; Is this just another bear market rally or is something really bullish going on here? There's really only one way to answer it earnestly. Let the market and the stocks in your own portfolio decide . Since the latest follow-through day took hold with a Day 5 rally in higher turnover on June 24, the major averages enjoyed one of...

JS_TechTrading

The stock TPL in our JS-TechTrading portfolio reached its profit target and we have closed the position scoring a quick 11% profit after only a few days. The stock is acting great, swing-traders can also close only 50% of their position and go for a larger move on the remaining half position. The other option is to move the SL up to the break-even level and...

JS_TechTrading

The stock NXST on our watchlist crossed a low risk enty point and generated a buy signal, we have added the stock to the JS-TechTrading portfolio. SL is less than 5.3% (SL at 163.3), win target is > 11%. NXST has a high relative strentgh (IBD style) and broke out of a volatility contraction pattern earlier today under high volume . Until now, the price / volume...

JS_TechTrading

S tock Market reversed lower after key test, partially fueled by more worries about the economy Apple (AAPL) plans to slow hiring and spending in some divisions next year which concerned traders yesterday. Monday's weak session was another reminder that many sellers and lots of overhead supply is still putting pressure on the markets. What should Swing...

JS_TechTrading

The stock BBSI (Barret Business Services) on our watchlist crossed a low risk enty point and generated a buy signal, we have opened a position and added BBSI to the JS-TechTrading portfolio. SL is less than 5% (SL at 71.59), win target is > 10%. BBSI has a high relative strentgh (IBD style) and broke out of a low risk entry point. We have recommended to open a...

JS_TechTrading

The stock LI (Li Auto) on our watchlist crossed a low risk enty point and generated a buy signal, we have added LI to the JS-TechTrading portfolio. SL is less than 5% (SL at 37.05), win target is > 10%. LI has a high relative strentgh (IBD style) and broke out of a volatility contraction pattern earlier today under high volume. Until now, the price / volume...

JS_TechTrading

The futures of the major market indices rose Sunday night which is a promising indication that the current little rally might turn into something bigger. Attached is the link to our updated watchlist: www.tradingview.com All stocks on our watchlist fulfill Minervini's Trend-Template criteria and are selected using IBD's CAN SLIM criteria. Also, they all have...

JS_TechTrading

Stock Market Ramps Higher on Friday, July 15th, fueled by strong earnings and economic data Stronger-than-expected retail sales in June fueled positive sentiment in the stock market. But Wall Street also got more good news when some inflation components of the Empire State manufacturing index and the University of Michigan consumer sentiment survey eased...

JS_TechTrading

The stock LLY on our US watchlist just broke out of a sound base and triggered a buy signal. We are adding a 1/2 position to our US model portfolio. SL can be set at 314.9 (4% risk). Profit target is > 10%.

JS_TechTrading Updated 

The stock BMY on our US watchlist just triggered a pullback buy signal. We are adding a 1/2 position to our US model portfolio.

JS_TechTrading

Stock Market Bounces Sharply As Oil Falls Below $100 - This is a bullish signal! The Nasdaq composite and S&P 500 opened with losses of roughly 2% but battled back to erase most of the damage or even finish higher. The S&P 500 rose 0.2% and closed at session highs. Energy stocks and some cyclicals suffered severe losses. Overall, Tuesday's session was a good...

JS_TechTrading Updated 

The stock AJG on our US watchlist just broke out of a sound base and triggered a buy signal. We are adding a 1/4 position of AJG to our US model portfolio. All stocks on our watchlist meet the criteria according to Mark Minervini's trend template and have sound fundamental data.

JS_TechTrading Updated 

The stock NBN on our US watchlist just broke out of a sound base and triggered a buy signal. We are adding a 1/4 position of NBN to our US model portfolio.

JS_TechTrading

The US market ended the first half of 2022 with significant losses to an extend that it makes H1_2022 to the worst first half year since 1970 !!! The losses in H1_2022 are: - SP500: 20.6% - Dow Jones: 15.3% - NASDAQ: 29.5% - Russel2000: 23.9% WHAT NOW? Stock market analysis over the last five decades tells us that the average non-recession bear-market drops...

JS_TechTrading

Our risk model significantly improved versus last week . The major market indices could accomplish a so called follow-through day (>2% gains under elevated volume) which is a very good indication with regards to the current health of the market. Overall risk can be described as average versus high - very high in the last few weeks and months. Swing-traders can...