If you find the information we have provided useful in your investment decisions, please join us! In order for us to continue as a membership supported site we need you!
The Screened Stock Ratio dropped only a small amount, despite the relatively sharp drop in the indices, at -0.35 favoring selling, the estimate of market risk rises back to high. However, looks like we might just flip the other way tomorrow. I'd be cautious until we see the SSRatio go positive.
There were no additional short term stocks on the screening. The potential breakouts to watch for tomorrow include: BMET, CRL, HDI, HDWR, HSIC, PDCO, RNR, SHFL, TRB, TRMS and UHS (note that UHS has earnings before the open). No shorts screened out.
Sam
savvy-trader.com |
