Trading the Charts for Tuesday, September 26th
In order to read this entire newsletter you’ll need to become a paid subscriber by clicking the button below. Paid subscribers get full access to my trading portfolio (up +67.4% YTD), watchlists with charts, daily activity (buys & sells plus entry prices & stop losses, performance, etc) and my daily webcasts.
I also run a Stocktwits rooms where I post throughout the day about my investment portfolio (up +92.5% YTD) with full access to my holdings, performance, daily activity, market commentary, quarterly earnings analysis, daily webcasts and more.
Here are my deep dive newsletters…
Busy week of macro plus lots of FOMC speakers…
September is almost over and a bullish Q4 could be coming soon…
We should see a bounce soon in the indexes…
Higher yields doesn’t necessary mean that P/E multiples need to get compressed…
Once the FOMC is done hiking rates we’ll be ready to push the gas pedal and get aggressive…
How the indexes did today…
How the sectors did today…
$VIX failed to close above the 200d sma today, last time that happened was mid-August and it dropped 24-30% in the following two weeks…
$TNX hitting the highest yields since September 2007…
SPY
RSP
QQQ
QQQE
IWM
IWO
ARKK
FFTY
Morning stock screen via Deepvue:
Criteria: market cap above $500M, above 20d sma, above 50d sma, above 200d sma, average volume above 200k, sales acceleration last two quarters, earnings accelerations last two quarters
Morning stock screen via Finviz: ARES BVN CRS DHT ESTC GSHD KEX LAUR MDXG NMR NTNX OII PETQ ROAD SBS SIGI SKWD TRN TTI
Criteria: price above $3, market cap above $500M, above 20d sma, above 50d sma, above 200d sma, average volume above 200k, QoQ earnings growth above 10%, QoQ sales growth above 10%, earnings growth next year above 25%
Another morning stock screen via Finviz: ACGL AER AJG ALV AM AMPL APO ARCC ARES AROC BRBR BSX BWXT CB CECO CEIX CHRD CNK CNO COR COTY COUR CRS CSWC CWAN DHT DNOW ESTC EURN FLR FN FRO FTI GEL GKOS GLNG GLOB GSBD GSHD HAL HLX HMC HP HQY HTGC HUM IMAX INSM INSW IONS KEX KKR L LAUR LBRT LPG LPLA MCK MDXG MIR MIRM MMYT MRTX NBIX NTNX OBDC OII OLLI OWL PAYO PCAR PGR PRDO PRU PUMP QLYS QTRX REGN RES RNR RYAN SKWD SPOT SWBI TNGX TRN TTI UEC UNH VERX VRTX WELL WRB WVE XPRO
Criteria: price above $5, market cap above $500M, above 20d sma, above 50d sma, above 200d sma, average volume above 300k, QoQ sales growth above 10%
Another morning stock screen via Finviz: AGL ALHC ALL AVID AZN BCRX CALM CINF CVS ESMT HPK TRMD TRV WING WTW YMM YUMC
Criteria: price above $4, market cap above $500M, above 20d sma, above 50d sma, below 200d sma, average volume above 300k, QoQ sales growth above 5%
Below the paywall is my current trading portfolio including all positions (open & closed), watchlists, charts, entry prices, stop losses, YTD performance and my daily webcasts.