Sunday, January 26, 2014

High Distribution & Lagging Relative Strength Finally Take Their Toll on Leading Growth Stocks

Leading Stock Analysis - Updated 01-26-2014MARKET COMMENTARY - Updated 01-26-2014
Gennady Kupershteyn - Gennady@CapitalistBull.com
While leading growth stocks suffered major losses and appear broken on daily charts, weekly price volume indicates we're in for a correction not a prolonged bear market, for now. NYSE A/D line confirmed the previous rally and bear market do not start when the A/D line is at new highs. Generally there is a period of lagging while market makes new highs.
TotalGYRB1234
153373740396533661
32.46%32.46%35.09%
SymbolRatingReason Explained12 Month Price Target%Price Target TypeRank
HZNPGPB20
E200-H
VUP
12.0044.06%V*VPE21
INSYG0184.64235.71%V*VPE22
High distribution and lagging relative strength lines finally take a toll on leading growth stocks. S&P 500 & DOW have been churning, trading in high volume with relatively no price advance, over the last 3 weeks.
NPSPG089.62149.22%S*VPE32
BIIBYSTALL340.0012.21%S*T3
LGNDYLVBO100.0065.95%S*T3
GILDYVUP92.1814.59%S*VPE33
REGNB0511.0382.52%S*T3
XONG040.0020.96%S*T3
CADXG051.56362.01%S*VPE33
Question is, is this another quick painful pullback or a deeper correction. This uncertainty warrants an all or mostly cash position for traders especially in new positions. Investors may hold onto better acting positions bought earlier last year as long as weekly price volume does not confirm poor daily action. Initiate small short positions in significantly lagging stocks, but take profits quickly.
PCRXG0225.88257.07%S*VPE33
CSIQYVUP59.2760.15%S*VPE32
JKSRHVB5049.7867.72%S*VPE33
SCTYW070.000.63%S*T3
TSLBCH25.6688.95%S*VPE33
YGEWCH7.3827.24%S*VPE33
QCORBDB*S+3207.84226.79%V*PEX21
VRXYVUP
E50-H
154.4617.46%V*PEX22
JAZZYE200-H
VUP
191.6728.66%V*PEX22
TWTRBPB50-IPO90.0046.46%S*TL1
QIHUBFB138.8563.33%V*VPE22
BIDURHVB50255.6959.53%V*VPE22
FENGBC-RS16.2361.65%V*VPE22
YYYVUP96.0065.09%S*TL2
YNDXRHVB50
50.9333.92%S*VPE33
SFUNYHVR52
E200-H
VUP
90.0010.97%S*T3
FBG072.0033.23%S*T3
BITARFBO
HVB50
47.0048.12%S*T3
LNKDB0300.0038.25%S*T3
YELPG0100.0033.08%S*T3
YOKURHVB50
FBO
44.2547.65%S*VPE33
NQB069.71342.60%V*VPE22
FONRG033.0071.43%S*T3
WBAIWIPO50.0035.14%S*TL3
RGRRSTALL
HVB50
85.0015.10%S*TL2
TASRBCH22.0032.37%S*TL2
SWHCYE200-H20.4952.46%V*PEX23
ACTYVUP
E50-H
E200-H
364.57108.24%V*VPE22
LCIYSTALL58.4963.61%V*VPE22
NFLXG0500.0029.33%S*TL3
ALBFB54.8272.88%V*VPE21
VIPSG0146.4449.98%V*VPE22
AMZNY0440.0013.52%S*TL3
EDURHVB5042.1940.31%V*VPE22
XRSG028.0019.66%S*TL3
PCLNYFBO1,530.0730.22%V*VPE32
AWAYYSTALL45.0011.63%S*TL3
ENOCG025.7716.29%V*VPE22
QCOMYE200-H81.5210.18%S*VPE33
ARMHRFBO
HVB50
60.0025.39%S*TL3
MDXGG011.3841.90%V*VPE22
GLOGYVUP
E50-H
E200-H
97.91395.75%V*VPE22
NVGSG045.1487.93%V*VPE22
STNGBPB50*PB5027.81157.02%V*VPE22
BALTRHVB5013.34156.05%S*VPE33
ARRSG051.1399.96%V*VPE22
TSLAB0240.0038.51%S*FIB3
PG039.0016.42%S*TL3
ACIWBFB102.0267.58%V*VPE22
ACHCYE200-H76.2245.85%V*VPE22
CBIRHVB50110.9246.72%V*VPE22
MEIB089.98181.19%S*41PE23
PRLBB098.2532.47%S*60PE23
ASPSBFB318.49131.78%V*30PE22
ECPGBFB-H88.7787.44%V*VPE22
PRAAB082.7362.28%V*VPE22
CMGBFB650.0032.65%S*TL3
BWLDBDB187.6340.81%S*TL3
KORSBPB50137.9172.24%V*VPE22
WETFYSTALL21.0729.66%V*VPE22
KKRG055.06127.52%V*PEX22
APORFBO45.1540.22%V*VPE23
EXPRFBO156.3199.20%V*VPE22
KSYSTALL62.08127.57%V*VPE22
EJY<50dma td="">20.0963.33%S*VPE33
STWDG090.93202.39%V*VPE22
NRFG019.9037.05%V*VPE22
COGGNBO-CH53.9236.33%V*VPE21
CRZOB0100.94138.63%V*PEX22
CLRB0326.78205.66%V*VPE22
MTDRBC-BB52.57169.87%V*VPE22
SNBC-RS168.53541.53%V*86PE22
FANGB0146.07198.90%V*60PE22
KOGB020.0087.09%V*21PE22
REXXB037.4494.80%V*VPE22
TPLMB020.00145.40%V*34PE22
SYRGB032.00255.16%V*39PE22
TOLB081.15128.14%V*VPE22
SPFB021.56154.55%V*VPE22
HOVBCH10.8886.62%V*VPE22
WWWWBC45.1240.56%V*VPE22
PKDBFB16.33109.09%V*VPE21
WCGB0120.2475.87%V*VPE22
NUSRHVB50175.33129.19%S*VPE32
GSTYSTALL24.51292.16%V*VPE22
CONNRHVB50117.4569.02%V*VPE22
ALXNG0140.386.43%V*VPE34
ANIKY0 - -100.00%04
RGENG0 - -100.00%04
INCYG0 - -100.00%04
FSLRB080.0065.80%S*T4
SLXPY0114.0416.36%S*VPE34
FRXY0 - -100.00%04
ALGNY0 - -100.00%04
LVSRHVB5086.0016.28%S*TL4
MPELR0 - -100.00%04
DDDRHVB5090.0014.29%S*T4
SSYSRHVB50130.007.88%S*T4
CWY0 - -100.00%04
PCPRSTALL
HVB50
- -100.00%04
UBNTR0 - -100.00%04
ULTIB0 - -100.00%04
AZPNY0 - -100.00%04
TRAKB0 - -100.00%04
CALDY0 - -100.00%04
SYNARVUP
E200-H
70.0016.16%S*TL4
SMCIY0 - -100.00%04
PRGOY0 - -100.00%04
ILMNY0 - -100.00%04
CSTER0 - -100.00%04
MHKR0 - -100.00%04
FBHSR0 - -100.00%04
KFYR0 - -100.00%04
WUBARFBO44.0022.91%S*T4
GNRCRHVB5059.9126.13%V*VPE24
PNRR0 - -100.00%04
EVRG0 - -100.00%04
AMBAY0 - -100.00%04
QIWIRHVB5055.0047.41%S*T4
NTCTG0 - -100.00%04
CAMPG0 - -100.00%04
MDSOY0 - -100.00%04
HTHTR0 - -100.00%04
HTHG0 - -100.00%04
PRIMY0 - -100.00%04
PIIR0 - -100.00%04
SAVEG054.4214.14%V*VPE24
ENVG0 - -100.00%04
THRMG0 - -100.00%04
WLKR0 - -100.00%04
STZY0 - -100.00%04
AEISG0 - -100.00%04
MIDDYSTALL - -100.00%04
UARHVB5095.0013.15%S*T4
FNGNR0 - -100.00%04
OZMY0 - -100.00%04
MUG0 - -100.00%04
MCHPR0 - -100.00%04
EQMR0 - -100.00%04
MMPR0 - -100.00%04
ETPR0 - -100.00%04
RRCG0 - -100.00%04
CCJG0 - -100.00%04
NTESR0 - -100.00%04
WWWR0 - -100.00%04
ANFIG0 - -100.00%04
HAING0 - -100.00%04
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