Off your game?

Read our free Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
Your email will always remain private.

MLR - PMP 4/15/15

Major averages finished mixed yesterday on higher but below average volume. The NASDAQ Composite tacked on another distribution day, though leading stocks continue to behave relatively well. Indeed, we had two new actionable names:

Semiconductor Taiwan Semiconductor (TSEM) had a pocket pivot yesterday. The stock had two recent gaps higher, the first on a strong earnings report. Earnings and sales have accelerated strongly, ROE 73.5%, group rank 3.

Beauty store retailer Ulta Salon Cosmetics and Fragrance (ULTA) also had a pocket pivot yesterday - earnings, sales, and recent price structure are very stable. ULTA had a recent gap up on a strong earnings report. It then traded sideways in tight fashion until today's pocket pivot.

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. ©2022 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
Copyright ©2022 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy