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

Leading Stock Analysis - Updated 01-26-2014										MARKET 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.
Total	G	Y	R	B	1	2	3	4
153	37	37	40	39	6	53	36	61
	32.46%	32.46%	35.09%
Symbol			Rating	Reason Explained	12 Month Price Target	%	Price Target Type	Rank
HZNP			G	PB20 E200-H VUP	12.00	44.06%	V*VPE2	1
INSY			G	0	184.64	235.71%	V*VPE2	2		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.
NPSP			G	0	89.62	149.22%	S*VPE3	2
BIIB			Y	STALL	340.00	12.21%	S*T	3
LGND			Y	LVBO	100.00	65.95%	S*T	3
GILD			Y	VUP	92.18	14.59%	S*VPE3	3
REGN			B	0	511.03	82.52%	S*T	3
XON			G	0	40.00	20.96%	S*T	3
CADX			G	0	51.56	362.01%	S*VPE3	3		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.
PCRX			G	0	225.88	257.07%	S*VPE3	3
CSIQ			Y	VUP	59.27	60.15%	S*VPE3	2
JKS			R	HVB50	49.78	67.72%	S*VPE3	3
SCTY			W	0	70.00	0.63%	S*T	3
TSL			B	CH	25.66	88.95%	S*VPE3	3
YGE			W	CH	7.38	27.24%	S*VPE3	3
QCOR			B	DB*S+3	207.84	226.79%	V*PEX2	1
VRX			Y	VUP E50-H	154.46	17.46%	V*PEX2	2
JAZZ			Y	E200-H VUP	191.67	28.66%	V*PEX2	2
TWTR			B	PB50-IPO	90.00	46.46%	S*TL	1
QIHU			B	FB	138.85	63.33%	V*VPE2	2
BIDU			R	HVB50	255.69	59.53%	V*VPE2	2
FENG			B	C-RS	16.23	61.65%	V*VPE2	2
YY			Y	VUP	96.00	65.09%	S*TL	2
YNDX			R	HVB50	50.93	33.92%	S*VPE3	3
SFUN			Y	HVR52 E200-H VUP	90.00	10.97%	S*T	3
FB			G	0	72.00	33.23%	S*T	3
BITA			R	FBO HVB50	47.00	48.12%	S*T	3
LNKD			B	0	300.00	38.25%	S*T	3
YELP			G	0	100.00	33.08%	S*T	3
YOKU			R	HVB50 FBO	44.25	47.65%	S*VPE3	3
NQ			B	0	69.71	342.60%	V*VPE2	2
FONR			G	0	33.00	71.43%	S*T	3
WBAI			W	IPO	50.00	35.14%	S*TL	3
RGR			R	STALL HVB50	85.00	15.10%	S*TL	2
TASR			B	CH	22.00	32.37%	S*TL	2
SWHC			Y	E200-H	20.49	52.46%	V*PEX2	3
ACT			Y	VUP E50-H E200-H	364.57	108.24%	V*VPE2	2
LCI			Y	STALL	58.49	63.61%	V*VPE2	2
NFLX			G	0	500.00	29.33%	S*TL	3
AL			B	FB	54.82	72.88%	V*VPE2	1
VIPS			G	0	146.44	49.98%	V*VPE2	2
AMZN			Y	0	440.00	13.52%	S*TL	3
EDU			R	HVB50	42.19	40.31%	V*VPE2	2
XRS			G	0	28.00	19.66%	S*TL	3
PCLN			Y	FBO	1,530.07	30.22%	V*VPE3	2
AWAY			Y	STALL	45.00	11.63%	S*TL	3
ENOC			G	0	25.77	16.29%	V*VPE2	2
QCOM			Y	E200-H	81.52	10.18%	S*VPE3	3
ARMH			R	FBO HVB50	60.00	25.39%	S*TL	3
MDXG			G	0	11.38	41.90%	V*VPE2	2
GLOG			Y	VUP E50-H E200-H	97.91	395.75%	V*VPE2	2
NVGS			G	0	45.14	87.93%	V*VPE2	2
STNG			B	PB50*PB50	27.81	157.02%	V*VPE2	2
BALT			R	HVB50	13.34	156.05%	S*VPE3	3
ARRS			G	0	51.13	99.96%	V*VPE2	2
TSLA			B	0	240.00	38.51%	S*FIB	3
P			G	0	39.00	16.42%	S*TL	3
ACIW			B	FB	102.02	67.58%	V*VPE2	2
ACHC			Y	E200-H	76.22	45.85%	V*VPE2	2
CBI			R	HVB50	110.92	46.72%	V*VPE2	2
MEI			B	0	89.98	181.19%	S*41PE2	3
PRLB			B	0	98.25	32.47%	S*60PE2	3
ASPS			B	FB	318.49	131.78%	V*30PE2	2
ECPG			B	FB-H	88.77	87.44%	V*VPE2	2
PRAA			B	0	82.73	62.28%	V*VPE2	2
CMG			B	FB	650.00	32.65%	S*TL	3
BWLD			B	DB	187.63	40.81%	S*TL	3
KORS			B	PB50	137.91	72.24%	V*VPE2	2
WETF			Y	STALL	21.07	29.66%	V*VPE2	2
KKR			G	0	55.06	127.52%	V*PEX2	2
APO			R	FBO	45.15	40.22%	V*VPE2	3
EXP			R	FBO	156.31	99.20%	V*VPE2	2
KS			Y	STALL	62.08	127.57%	V*VPE2	2
EJ			Y	<50dma td="">	20.09	63.33%	S*VPE3	3
STWD			G	0	90.93	202.39%	V*VPE2	2
NRF			G	0	19.90	37.05%	V*VPE2	2
COG			G	NBO-CH	53.92	36.33%	V*VPE2	1
CRZO			B	0	100.94	138.63%	V*PEX2	2
CLR			B	0	326.78	205.66%	V*VPE2	2
MTDR			B	C-BB	52.57	169.87%	V*VPE2	2
SN			B	C-RS	168.53	541.53%	V*86PE2	2
FANG			B	0	146.07	198.90%	V*60PE2	2
KOG			B	0	20.00	87.09%	V*21PE2	2
REXX			B	0	37.44	94.80%	V*VPE2	2
TPLM			B	0	20.00	145.40%	V*34PE2	2
SYRG			B	0	32.00	255.16%	V*39PE2	2
TOL			B	0	81.15	128.14%	V*VPE2	2
SPF			B	0	21.56	154.55%	V*VPE2	2
HOV			B	CH	10.88	86.62%	V*VPE2	2
WWWW			B	C	45.12	40.56%	V*VPE2	2
PKD			B	FB	16.33	109.09%	V*VPE2	1
WCG			B	0	120.24	75.87%	V*VPE2	2
NUS			R	HVB50	175.33	129.19%	S*VPE3	2
GST			Y	STALL	24.51	292.16%	V*VPE2	2
CONN			R	HVB50	117.45	69.02%	V*VPE2	2
ALXN			G	0	140.38	6.43%	V*VPE3	4
ANIK			Y	0	-	-100.00%	0	4
RGEN			G	0	-	-100.00%	0	4
INCY			G	0	-	-100.00%	0	4
FSLR			B	0	80.00	65.80%	S*T	4
SLXP			Y	0	114.04	16.36%	S*VPE3	4
FRX			Y	0	-	-100.00%	0	4
ALGN			Y	0	-	-100.00%	0	4
LVS			R	HVB50	86.00	16.28%	S*TL	4
MPEL			R	0	-	-100.00%	0	4
DDD			R	HVB50	90.00	14.29%	S*T	4
SSYS			R	HVB50	130.00	7.88%	S*T	4
CW			Y	0	-	-100.00%	0	4
PCP			R	STALL HVB50	-	-100.00%	0	4
UBNT			R	0	-	-100.00%	0	4
ULTI			B	0	-	-100.00%	0	4
AZPN			Y	0	-	-100.00%	0	4
TRAK			B	0	-	-100.00%	0	4
CALD			Y	0	-	-100.00%	0	4
SYNA			R	VUP E200-H	70.00	16.16%	S*TL	4
SMCI			Y	0	-	-100.00%	0	4
PRGO			Y	0	-	-100.00%	0	4
ILMN			Y	0	-	-100.00%	0	4
CSTE			R	0	-	-100.00%	0	4
MHK			R	0	-	-100.00%	0	4
FBHS			R	0	-	-100.00%	0	4
KFY			R	0	-	-100.00%	0	4
WUBA			R	FBO	44.00	22.91%	S*T	4
GNRC			R	HVB50	59.91	26.13%	V*VPE2	4
PNR			R	0	-	-100.00%	0	4
EVR			G	0	-	-100.00%	0	4
AMBA			Y	0	-	-100.00%	0	4
QIWI			R	HVB50	55.00	47.41%	S*T	4
NTCT			G	0	-	-100.00%	0	4
CAMP			G	0	-	-100.00%	0	4
MDSO			Y	0	-	-100.00%	0	4
HTHT			R	0	-	-100.00%	0	4
HTH			G	0	-	-100.00%	0	4
PRIM			Y	0	-	-100.00%	0	4
PII			R	0	-	-100.00%	0	4
SAVE			G	0	54.42	14.14%	V*VPE2	4
ENV			G	0	-	-100.00%	0	4
THRM			G	0	-	-100.00%	0	4
WLK			R	0	-	-100.00%	0	4
STZ			Y	0	-	-100.00%	0	4
AEIS			G	0	-	-100.00%	0	4
MIDD			Y	STALL	-	-100.00%	0	4
UA			R	HVB50	95.00	13.15%	S*T	4
FNGN			R	0	-	-100.00%	0	4
OZM			Y	0	-	-100.00%	0	4
MU			G	0	-	-100.00%	0	4
MCHP			R	0	-	-100.00%	0	4
EQM			R	0	-	-100.00%	0	4
MMP			R	0	-	-100.00%	0	4
ETP			R	0	-	-100.00%	0	4
RRC			G	0	-	-100.00%	0	4
CCJ			G	0	-	-100.00%	0	4
NTES			R	0	-	-100.00%	0	4
WWW			R	0	-	-100.00%	0	4
ANFI			G	0	-	-100.00%	0	4
HAIN			G	0	-	-100.00%	0	4