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 9/11/14

Major averages rose on mixed volume as a number of leading stocks outperformed the general market including stocks such as AAPL which regained some of their ground. After the recent sellinng pressure which pushed the MDM into cash, the market remains in a digestive, sideways trend. Whether it breaks out or breaks down remains to be seen as we watch for further clues from leading stocks. Futures are currently trading lower.

Twitter (TWTR) had a pocket pivot since it closed Tuesday at its 10-dma and gapped up from the line. Earnings have been positive the last 3 quarters, sales are soaring, institutional sponsorship has increased 3 quarters since it went public, group rank 8. After-hours TWTR announced a $1.3 billion convertible debt offering which has put some pressure on the stock this morning but may allow for a better entry once the offering is out of the way.

Network security infrastructure company Palo Alto Networks (PANW) had a buyable gap up on a strong earnings report. Earnings and sales remain robust, institutional sponsorship has increased over the last 8 quarters since the company went public, group rank 47.

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.
Copyright ©2021 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy