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Market Lab Report - Premarket Pulse 6/25/15

Major averages finished lower on minutely higher volume yesterday after Greek jitters returned later in the trading day. While the number of actionable leading stocks has been healthy over the past few weeks, keep in mind markets may use the Greek excuse to have another one of its 2-3% pullbacks, or worse, so keep stops tight. Futures are currently higher at the time of this writing.

Chinese internet and mobile software developer of security applications Cheetah Mobile (CMCM) had another pocket pivot earlier in the trading day but then closed near breakeven in the lower half of its trading range. Keep stops very tight on this stock if you hold any shares. Also keep in mind it is relatively volatile.

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.
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