With operation twist on until the end of 2012 with an additional $267 billion at the ready and agreement at the Euro-Summit to print more money to reduce the interest rates of ailing countries such as Spain, quantitative easing is more fully in force than it has been all year. Markets can change on a dime and the price/volume pattern of leading stocks and major indices are looking stronger. AAPL, for one, is looking to potentially have a pocket pivot in today's trade if it can trade 12,827,000 shares. Smaller names may also have pocket pivots <ticker>[shares required]:
=HIBB [418,300 shares]
=ULTA [1,141,000 shares]
In addition, BWLD had a pocket pivot 3 days ago when conditions appeared less sanguine, so can be bought here as it is only 1% from the closing price of 3 days ago.
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. ©2021 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.