One of the key factors that determines the status of our market timing system is the performance
of leading growth stocks, which usually lead the broad market in either direction.
We're extremely impressed and encouraged by the action
in leading growth stocks — many have been pushing sharply higher in recent days, and others have reacted well to earnings.
Since the performance of
individual leading growth stocks is one of the most important indicators of our market timing system, we are continuously on alert for any red flags that could hint at a substantial stock market correction.
In bull markets, my main focus is
buying leading growth stocks as they breakout from valid bases of consolidation (as well as buying those same stocks on pullbacks).
A good starting point is to regularly review screens that highlight the top - rated equities, including the IBD 50 list
of leading growth stocks, IPO Leaders, IBD Big Cap 20, Sector Leaders and Stock Spotlight.
If leading stocks show relative strength by mostly ignoring weakness in the S&P, Dow, and NASDAQ during broad - based price corrections, it's a positive sign that tells us it's safe to carry on entering new trades of
these leading growth stocks, the best stocks to buy in a healthy market.
Many of the once -
leading growth stocks have been getting crushed lately.
Even after the selloff in
the leading growth stocks — the «FAANGs» of Facebook, Amazon, Apple, Netflix and Google — the S&P 500 Growth Index still managed to finish the quarter with a 1.58 % gain.
Crocuses and Snowdrops We've explained before how our market timing system is divided between the primary indicators (the trends of the major indexes and the action of
leading growth stocks) and secondary indicators (things like sentiment, the action of the broad market, divergences and like).
In this video I discuss the stock market,
leading growth stocks and share trading tips that have taken me decades to learn... let me know what you think!!
People always ask us how we manage to find the market's
leading growth stocks.
The 11
leading growth stocks are Anthem (ANTM), CVS Health (CVS), Dollar General (DG), Hanover Insurance Group (THG), Jones Lang LaSalle (JLL), Packaging Corp. of America (PKG), Penske Automotive (PAG), RPM International (RPM), Southwest Airlines (LUV), Travelers (TRV) and WR Berkley (WRB).
A good starting point is to regularly review screens that highlight the top - rated equities, including the IBD 50 list of
leading growth stocks, IPO Leaders, IBD Big Cap 20, Sector Leaders and Stock Spotlight.