I always try to buy the strongest stocks in the strongest sectors when the market is healthy. Well the market’s health is questionable to weak. We have a confluence of Distribution days, many leaders are not holding their break out gains yet we are at new highs. So what does one do….keep on trying. We do not know if will simply continue to chop around….breakout to new highs or breakdown.
Due to the high level of distribution days I am not fully invested. Actually not even half and have my finger on the button to exit.
The following stocks were ranked both fundamentally and technically…Will be interesting to see what the week holds….
This list is solely educational on how I trade my personal account. No suggestions or representations….There is always great risk to lose money…
TSO Tesoro Corp
CRTO Criteo SA Ads
AKRX Akorn Inc
AVGO Avago Technologies Ltd
LCI Lannett Company Inc
GBX Greenbrier Companies Inc
AMBA Ambarella Inc
ACT Actavis plc
BIIB Biogen Inc
CBM Cambrex Corp
SOURCE: TrendFollowing – Read entire story here.
