The following is an excerpt from a FindLeadingStocks.com Intra-Week Update FLS Update: 9.25.14 Defense is King; Sellers Back In Control Sellers Are In Control In Tuesday’s update, we mentioned “the day something changed” and said that, “On Monday (Sep 15) something changed. A slew of leaders were hit in heavy volume. We wrote the following…
Bulls Back In Control Stocks rallied in the third week of September after several global Central Banks across the developed world clearly reaffirmed their easy money stance. From where we sit, the primary driver of this very strong 5.5 year bull market has been easy money from global central banks. Remember the S&P 500 (SPX) has soared when…
What Is A Hedge Fund? In the simplest sense, a hedge fund is a firm that invests capital for its investors. Typically, hedge fund clients are institutional investors (anyone who is charge of allocating a large pool of capital) or accredited investors (e.g. high net worth individuals).The traditional definition is that hedge funds are able…
Stocks Snap A Very Strong 5-Week Win Streak Stocks fell in the first week of September, causing the benchmark S&P 500 (SPX) to snap a 5-week win streak. During that very strong 5-week win streak, the SPX rallied from 1904 to 2011, or 107 points (or +5.6%). That is a large move by any normal definition….
The Bulls Remain In Control Stocks rallied over the shortened holiday week after the European Central Bank (ECB) fired a bazooka and the US jobs report came in weaker than expected (which means the US Fed will maintain its “easy money” stance. We would argue that the primary driver of this very strong 5.5 year bull market…
Friday, August 27, 2010 Stock Market Commentary: The seven week rally that began on the July 7, 2010 follow-through day (FTD) ended on Tuesday after the latest round of dismal economic data dragged stocks lower. For the week, stocks ended lower but near their highs after a strong advance on Friday. Friday’s volume totals ended…
The NYSE Composite Index closed below its 200 DMA line for the third straight session which is not a healthy sign. The Nasdaq Composite and S&P 500 Index did not undercut Monday’s lows which technically means that Tuesday marked Day 2 of their current rally attempt and the earliest a possible FTD can emerge for either index would be Thursday. However, if yesterday’s lows are breached then the day count will be reset. Meanwhile, the Dow Jones Industrial Average has yet to violate last Monday’s low, which means that it just finished Day 7 of its current rally attempt and the window for a proper FTD remains open (unless its 5/10/10 low of 10,386 is breached). What does all of this mean for investors? Simple, the market is in a correction which reiterates the importance of adopting a defense stance until a new rally is confirmed. Trade accordingly.
Wednesday, February 10, 2010 Market Commentary: Stocks closed lower on speculation that the European Union will not bailout Greece. Volume was reported lower than the prior session on the NYSE and the Nasdaq exchange. Decliners led advancers by a small margin on the NYSE and the Nasdaq exchange. There were 6 high-ranked companies from the CANSLIM.net Leaders List that made a…
Mr. Sarhan was quoted by Dow Jones Newswire on Friday 1.15.10. The article was picked up by several major news outlets. Here are a few:
Thursday, January, 14, 2010 Market Commentary: Stocks edged higher after weaker than expected economic data was released. Volume was reported slightly higher than the prior session’s totals on the NYSE and about even on the Nasdaq exchange, which suggested large institutions were buying stocks. Advancers led decliners by nearly a 11-to-8 ratio on the NYSE and by a 16-to-11 ratio on the…