Market Lab Report - VoSI Focus List Review for the Week Ended September 16, 2016

Published : September 18 2016 at 10:19 ET

Current VoSI Focus List

The market pullback two Fridays ago helped to sift out eight names which were removed from the Focus List: AYI, BSC, DW, EBIX, ELLI, JBT, MBLY, and UFPI.

Stocks acting or holding constructively along their 10-day moving averages: EW, SSTK, TLND, VEEV.

Stocks acting or holding constructively along their 20-day exponential moving averages: TEAM

Stocks pulling into their 50-day moving averages: AMWD.

Stocks already on the list that had pocket pivots this past week: AMZN, FIT, GRUB, ISRG, MOMO, NTES, NVDA, WB, WIX.

Stocks that had pullbacks to support at their 20-day moving averages then bounced without a pocket pivot: ACIA, BABA, and TWLO. [Note: buying on constructive weakness allows one to reduce their risk thus a subsequent pocket pivot is not required. Indeed, BABA closed at new highs on Thursday and Friday.]

Note: The VoSI Focus List is covered in detail during our live weekly market webinars as part of the webinar service.

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