As recently discussed in my March 26 blog post, banks, mutual funds, hedge funds, and other institutional funds have been rotating out of the NASDAQ and into the S&P 500 and Dow Jones in recent weeks. Although this has been leading to moderately bullish price action in select blue-chip stocks such as $IBM, more explosive, […]

Continue Reading...

With leading stocks getting punched in the face over the past week (especially the past two days), there isn’t much to get excited about on the long side of the stock market right now, despite oversold market conditions. During each market pullback in 2013, money rotated out of extended stocks and into those breaking out […]

Continue Reading...

After a bit of a blogging break over the Thanksgiving holiday week, we’re back. Miss us? Today, we walk you through the anatomy of a volume-driven breakout stock trade from The Wagner Daily newsletter that led to a 37% gain over a 1-month holding period. When doing our nightly stock scanning research, both manually and with […]

Continue Reading...