There are too many stocks to scan tonight to do a FULL market commentary. Hopefully, my #2 will be back home and ready to go to work tomorrow and then you can get back to having commentary from another perspective besides my video. I like having MarketSpeculator do commentary that way you can get his opinion and then mine in the video.
Today, I have OVER 600 charts to scan which means there is NO WAY I can get commentary done tonight. However, I will get a new video up before the morning. This market has been treating me very well as you can see below:
top longs up TODAY with total % return since purchase: SMED 50% DAN 149% LAD 41% AFFX 54% OMN 81% ISLN 24% BSTC 28% KONG 143% TXIC 21% AEPI 21% STEC 32% FUQI 38% CAR 54% RINO 51% TEN 55% SOA 31% PTI 48%
A post of mine on Facebook (just some more analysis/commentary):
This has been a great bull run but it is very sketchy when you watch stocks like ADY, SYNA, and HURN get WHACKED. However, the good news is nothing I have gone long (per Featured rules and history) is breaking down that bad. In fact in a large port. I run I have 100 longs with only 3 stocks making significant positions in it…how many FULL sells (…not including profit taking and the few I have to sell fast to cut my loss)….only 1 and it was our new WEAKEST long. 🙂 I would call today very good minus the LOW volume and the RS line of the Nassy showing neg. divergence. The NYSE is leading again and I would much rather see the Nassy leading.Great luck everyone. Please make sure to watch my FREE video (subscribers get all videos and in FULL size) to learn how to be unbiased with the market. Since 1998 I have NEVER been on the wrong side. Why? I follow the trend of the market. The ONLY times I will be wrong is at the EXACT turn. Like recently in MAR. Only in mid-late MAR did I get bullish. Why? The trend was still down and it was still below the 50 DMA.
Subscribers can watch video 1 & 2 in full size on the forums.
FREE small YouTube video to teach you how to read the market correctly:
