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IBD Meetup Pikes Peak Meetup Group Colorado Springs, CO. For Informational use only. . WEEKLY. WEEKLY. WEEKLY. WEEKLY. WEEKLY. TNX= 10 YR Treasury Note Yield. TLT = 20 YR Bond Fund. 10 Yr Treasury Rate. Extreme Bullish Sentiment= High Optimism in the market (Market top).
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IBD MeetupPikes Peak Meetup GroupColorado Springs, CO For Informational use only.
TNX= 10 YR Treasury Note Yield TLT = 20 YR Bond Fund
Extreme Bullish Sentiment= High Optimism in the market (Market top) A Ratio > 1.0 is considered a sign that stocks have hit rock bottom. An elevated Short Interest Ratio is Bullish. (Short Covering)
Follow the leaders: Top-performing stocks will lead the broader market averages at important turning points. As the bear market is bottoming, leading stocks, the ones that best resisted the decline, will turn up first and then sprint ahead—days, weeks, or even months before the DOW, S&P, and Nasdaq indexes put on their running shoes. These leading names will break into new high ground while the major indexes are just starting to come off their respective lows. At this point, overall market conditions still look bleak to most investors and the news is still for the most part negative and cautionary. Later, the rally broadens, pushing up the indexes, which propels the front runners even higher. By paying close attention to the market’s leading names, you can be in the best stocks before they are obvious to the public. More than 90 percent of superperformance stocks emerge from bear markets and general market corrections. They key is to do your homework while the market is down; then you will be prepared to make big profits when it turns up. The stocks that hold up the best and rally into new high ground off the market low during the first 4 to 8 wks of a new bull market are the true leaders, capable of advancing significantly. You can’t afford to ignore these golden opportunities.
“May be a future leader” EPS & Sales Acceleration “Volume was light at first, then volume kicked in when it bounced off the 10 wk Moving Average” Rising RS line. Increasing Volume.