Major averages rose on mixed volume with the S&P 500 finishing at a new high. The uptrend continues.
TASR had a pocket pivot. Earnings and sales have accelerated and institutional sponsorship has increased over the last 8 quarters.
WAGE also had a pocket pivot. Earnings and sales are robust, group rank 18, and institutional sponsorship has increased over the last 6 quarters since the company went public.
BIIB had a buyable gap up on a strong earnings report. Sales have accelerated and earnings remain robust, especially for a stock this size. Group rank 42.
Keep stops tight on your stocks as when this market pulls back even 1-2%, the better names often sell off much harder, giving back in one or two days what it took one or two weeks to achieve. QE forgives the general averages while higher octane stocks can get pummeled.
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