As mentioned above, there are still a handful of non «A-rated» stocks in defensive sectors that may push higher in the near - term, but clearly this is not the type
of high momentum, growth - driven market I like to swing trade on the long side.
Not exact matches
When I have a variety
of contractual employees I keep the
momentum high with new faces, ideas and energy.
Yet with global growth declining, oil inventory at record levels, and
momentum on the side
of increasingly cost - competitive renewable energy technologies, there remains a
high possibility the energy sector will face another existential crisis in the near future.
However, although the BCC believes the country will manage to avoid recession, it does anticipate slowing economic
momentum over the next two years given
higher inflation trends and a continued lack
of clarity about the process by which the U.K. leaves the EU.
Sure, the lovey dovey holiday hasn't lost its
momentum — in fact, Valentine's Day sales reached an all - time
high of $ 19.7 billion in 2016.
The growth
momentum in the euro zone helped the region log its
highest annual value
of mergers for over 10 years in 2017, according to new data from research firm Mergermarket.
If true, this should accelerate upward
momentum of Treasury yields and the U.S. dollar — currently at a 14 - year
high — which could dampen gold's chances
of repeating the rally we saw in the first half
of this year.
Although value stocks typically hold up better in times
of volatility, this bull market has been exceptionally smooth — up until the last year, that is — and favored
high - growth
momentum stocks, which tend to have more expensive valuations.
This trend has a lot to do with the type
of stocks hedge funds favor: companies with
high earnings growth and a proclivity for acquisitions, as well as «
momentum» stocks — stocks on an upward tear ahead
of the market.
Finally, as for the exit point, our target on this type
of momentum trade is simply a retest
of the prior swing
high (or prior swing low if selling short).
Such price action indicated that a
momentum - based breakout above the
highs of the trading range was likely to occur in the coming days, so we added $ EPU to our «official» Wagner Daily trade watchlist as a potential buy entry, just in time to catch the December 31 breakout.
We expect bullish
momentum to carry gold ETFs substantially
higher, both in the short term and intermediate - term, but we plan to sell DGP into strength before the first correction occurs, then look to re-enter after it forms a bull flag or a base
of price consolidation.
Purchases
of new homes in the U.S. rose in May to the
highest level in seven years, signaling the industry is gaining
momentum heading toward the second half
of the year.
As technical
momentum traders, we do not believe in the Wall Street mantra
of «buy low and sell
high.»
Once a clear base
of support has formed, we then look for the formation
of a «
higher swing low» to develop within the base, which lets us know that bullish
momentum is on our side.
Though market
momentum is typically slowing or flat, the occasional marginal new
high can give the appearance
of unrelenting strength even at the top (examine the S&P 500 in September 2000 and October 2007, for example).
Given its convincing bullish
momentum, it's probable that $ PGJ will eventually rally at least to its prior
highs of 2011 (about 15 %
higher), but the ETF is likely in need
of a short rest before doing so.
However, to make consistent gains from taking advantage
of momentum in the market, swing trading is best accomplished by limiting your selection to stocks that have the ability to run 20 - 30 %
higher in a few weeks, rather than a few months.
The fund's biggest losers in 2017 included its so - called «bubble basket,» which consists
of short bets against
high - flying
momentum stocks including Amazon (AMZN), Netflix (NFLX), Tesla (TSLA), and athenahealth (ATHN).
Although this has been leading to moderately bullish price action in select blue - chip stocks such as $ IBM, more explosive,
high -
momentum moves have been coming from various commodity - based ETFs (which have a low correlation to the direction
of the overall stock market).
On the longer - term weekly chart below, notice that $ XOP has also just broken out above key horizontal price resistance
of its prior
high from September
of 2012, which should further spark bullish
momentum from here:
If $ PALL breaks out and
momentum kicks in gear, a realistic upside target is the area
of its 2011
highs, about 15 % above the current price.
Although the light seasonal volume has been keeping upside
momentum in check, 2
of our 4 open stock positions jumped to new 52 - week
highs yesterday, even as the major indices were unchanged.
In my view, it is very important to understand that the rally we've seen in stocks was a
momentum rally from a deeply oversold low, starting from a very
high historical level
of valuation, and never generating the favorable trend uniformity which has always appeared prior to past recession lows.
In case you are new to
momentum swing trading, it's important to understand that stocks and ETFs breaking out to new 52 - week
high usually provide us with our largest gains because these equities have a complete lack
of overhead price resistance (which would otherwise be created by sellers who bought a
higher price).
Canada's economy switched into
higher gear in the latter half
of 2015 and this
momentum is expected to continue throughout 2016, according to the latest RBC Economic Outlook issued today.
2015.12.08 Canada's economic growth to strengthen in 2016: RBC Economics Canada's economy switched into
higher gear in the latter half
of 2015 and this
momentum is expected to continue throughout 2016, according to the latest RBC Economic Outlook issued today.
Investors are responding to them in a rational, measured way by moving out
of growth and
momentum - driven names and into more value - priced,
high quality stocks.
During periods
of decline it can be helpful to find long ideas among stocks which a) have low levels
of debt, in case the market decline deepens, b) have a history
of high returns on equity and investments c) have shown price
momentum despite waning
momentum in the overall markets.
After the third longest bull market advance on record, fresh deterioration in key trend - following components within our measures
of market internals (see Support Drops Away) recently joined this extended, overvalued, overbought, overbullish peak, even as the S&P 500 hovers at the top
of its monthly Bollinger bands (two standard deviations above the 20 - period average) and cyclical
momentum rolls over from a 9 - year
high.
It would appear that home prices in the Denton area are poised to hit new
highs at the end
of the year if
momentum continues.
On a positive note, the largest tech giant's decline hasn't been a huge drag on the other crucial stocks like Amazon and Alphabet, and the resilience
of the
momentum leaders points could be the basis
of another leg
higher in the post-crash recovery.
However, for a brief period
of time during the day, TRX peaked to a
high of $ 0.0381 - but it didn't sustain that
momentum.
Litecoin hit fresh five - week
highs Tuesday, as the coin continued to generate
momentum in the wake
of a hard fork that produce Litecoin Cash (LCC).
«For the Fed, the underlying
momentum is more important in terms
of policy decisions, and that looks to be strong, supported by a tightening labor market, rising incomes and
high consumer confidence,» Gregory Daco, head
of U.S. macroeconomics at Oxford Economics, told Reuters.
A history
of massive earnings growth, a valid base
of consolidation, and a price at / near the 52 - week
high are three key elements
of our
momentum trading strategy for finding the best stock breakouts.
Despite recent growth being
high in the context
of historical survey data, automobiles & auto parts still maintains some forward
momentum heading into the New Year.
If the bullish
momentum stays intact, the price could even test the last swing
high of 0.0545 BTC.
Yes,
momentum can be a self - fulfilling prophecy; if things are going well, investors often expect the market to continue to go well, so they buy more stock — which, naturally boosts values even
higher (even though the only real upward force is a bunch
of investors who think the market is going to do well!).
With valuations very rich, bullish sentiment
high, and stocks generally overbought, there's a certain
momentum to the market that makes it likely - in terms
of probability - that stocks will be
higher in the weeks ahead.
The Fund employs a «
momentum» style
of investing that emphasizes investing in securities that have had
higher recent price performance compared to other securities.
High initial hit rates will lead to greater hype,
momentum and press coverage, which will bring in investors from outside
of the community.
The reversal was a clear warning signal for short to intermediate - term
momentum traders to lock in some profits, as the price action may need a few weeks
of rest before it heads much
higher.
Bull flag breakouts are
momentum - driven, so we typically look for the price action in a bull flag pattern to move sharply
higher within just 5 to 10 days
of our buy entry.
The S&P 500 is trading in a narrow range since the strong Tuesday bounce, and we still expect the short - term
momentum to carry the benchmark to at least its prior
high, with a likely breach
of the 2500 level.
The «canonical» market peak typically features rich valuations, rising interest rates, often a reasonably extended and «flattish» period where, despite marginal new
highs,
momentum has gradually faded while internal divergences have widened, and finally, an abrupt reversal in leadership, from a preponderance
of new
highs over new lows (both generally large in number) to a preponderance
of new lows over new
highs, with the reversal often occurring over a period
of just a week or two.
The new trend
of higher inflation is still gaining
momentum... and it's creating a lot
of opportunities for investors.
The «Lion
of Wall Street,» Jack Dreyfus, relied on
momentum by buying stocks making new
highs.
Ethereum Classic is drifting
higher along the lower boundary
of its prior trend channel, defying the extremely overbought long - term
momentum readings.
The fund's biggest losers in 2017 included its so - called «bubble basket,» which consists
of short bets against
high - flying
momentum stocks including Amazon, Netflix, Tesla, and Athenahealth.