I've made it to Texas! We are in Big Spring TX and I'm thankful to have your reader requests today to save me a little time as I'm definitely ready for some rest...
Well today I am in Ft Walton Beach FL. The Diamond PMO Scan continues to produce plenty of results to sift through. Of the 53 that were returned from the scan, I found five that look very interesting. They happen to come from the Healthcare and Technology sectors...
I am writing to you today from my uncle's Alabama lake house. I'll put a few pictures at the bottom when I write my travel diary at the end of today's post. I was amazed at the Diamond PMO Scan results once again. Today I had 50 to sift through...
Today I found a few interesting stocks from my "Momentum Sleepers" scan. It's an excellent scan to find bottom fishing opportunities as it finds stocks that are showing positive momentum under the surface...
I am really impressed with the choices coming out of my Diamond PMO Scan. Interestingly, Sprouts Farmers Market (SFM) appeared in the results today, but I already covered it last Thursday. It's doing well...
Reader requests were a little light today, but I picked out the ones that could be considered Diamonds. One of the requests was whether a particular ETF was a good hedge right now...
Today the DP Diamond PMO Scan produced 29 results. Many times I prefer using a different scan for my "diamonds in the rough", but today the selections from that scan showed excellent chart setups. Interestingly, the most bullish charts were Biotechs, of which I've included four...
I run many different scans to prepare for the Diamonds Report and one of my favorites is "Momentum Sleepers" scan. It hasn't had that much in the way of results lately, but today I found a bunch that I liked, including a bottom fishing opportunity...
Today's reader requests have potential! I am impressed by the selection of stocks that are sent in each week. From the group, I pick my favorites and then I add a few of my own to round out the report...
Unlike yesterday, I had more choices for today's Diamonds. Healthcare stocks dominated my Bottom Fishing and Momentum Sleeper scans today which isn't surprising when you look at the XLV chart. Notice that some of the internals are beginning to improve in that sector...
While the market and all of the sectors were higher, the scans really didn't produce much today. I found five stocks to present that have potential, but the market in general still worries me right now...
Reader Request Thursday! Let's just say today's market action was unexpectedly bad. I was looking for further decline in the market today, but I didn't expect a deep 6% decline in one day...
I found some very interesting stocks today in my scans. A few of the names you will certainly recognize. I am for the first time in a long time including an Energy sector chart...
As I reviewed my scans, I noticed a theme in Technology, particularly in the Semiconductor and Software industry groups. I zeroed in on my favorites, the ones that still have some room to run and have very positive momentum...
A little bit lighter on the amount of reader requests so I opted to include a new Diamond of mine as well as bring back a previous Diamond that is ready for another entry if you didn't grab it the first time...
Looks like this might be a good time to revisit a few industry groups that I continue to see strength in based on my scan results...
I noticed today that a few medical supply companies came up in the scans today along with the Health Care ETF (XLV)...
Since I was ill yesterday, I sent out an announcement that I'd be publishing today rather than yesterday. I also asked for reader requests. Well, my goodness!! I got a ton of them...
As we continue to see sector rotation, it appears that Consumer Discretionary (XLY) is reaping the benefits of this rally. I decided to do a manual scan of all of the Restaurants & Bars industry group and find possible diamonds in the rough...
I was pleased to find a few charts with 'falling wedges'. These are bullish patterns that suggest a breakout. These wedges have just executed, so our expectation would be a continuation of the breakout rally. I also found that scan results were skewed toward Utilities...