Off your game?
Read our free, updated as of Mar 3, 2022, Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
Meet Dr K !
Chris Kacher
  • Nuclear physicist
  • Stock & crypto market wizard
  • Blockchain builder
  • Bestselling author
  • Top 40 charted musician
  • Biohacker
  • Former computer hacker
Your email will always remain private.

Market Lab Report - Premarket Pulse 5/29/15

Major averages fell then managed to claw back most of the day's losses to finish down fractionally on lower volume. This spurred on stocks to issue actionable buy signals. Market internals continue to improve as major averages continue their sideways moves. Up-down amplitude continues to diminish which potentially bodes well for a more definitive upside breakout, though any uptrend may continue to be sloppy as QE battles an ongoing global recession. Indeed, futures are down as issues rear up in Spain.

Impantable prosthetic medical seeing device maker Second Sight Medical (EYES) had a pocket pivot. It had a high volume up day on its recent earnings report. This is a small cap, speculative name, but poses big upside potential. Institutional sponsorship has grown since it went public 2 quarters ago, group rank 36. We own a position in this stock.

Wearable camera maker GoPro (GPRO) had a buyable gap up. It had a prior gap up on a strong earnings report. Even though GPRO is an off-the-bottom type trade, this is its second gap up, earnings and sales are strong, institutional sponsorship has grown every quarter since the company went public 4 quarters ago, ROE 59.4%.

Pharmaceutical maker AMAG Pharmaceuticals (AMAG) had a pocket pivot off its 10dma. Earnings and sales are skyrocketing, institutional sponsorship up 9 quarters in a row, group rank 3.

Footwear retailer Skechers (SKX) had another pocket pivot after the prior actionable gap up on which we reported. Thus even if you took profits recently, SKX gives you another opportunity to buy today as most winning stocks do on their way to higher highs. Earnings and sales are accelerating, group rank 20.

This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
Copyright ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy