Wow! What a punch by the bull today! It was a very strong up volume day. It is no doubt, another accumulation day. It is time to load up stocks now. Stocks with strong up momentum will tend to be up in the up market like today.
ISRG is a good example of leadership. It broke thru the old high which was created a week ago when it reported strong earning. It is still in the uptrend. I predict it will hit $100 in matter of days. On the other hand, if you pick the traditional former leader stocks like Microsoft (MSFT), it does not budge when the market moves. NWRE is another leader, but after the market closed, it reported earning. It does not blow the estimate away as expected, so I expected it may go down a bit before another leg up, it will be a sell or hold on this one.
After Market Movers:
Positive Momentum Stocks:
GPRO, AEOS, GES, PCLN
Negative Momentum Stocks:
CECO, OVEN, HOTT
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