Heads up; First we have two AA500's change the one in zone 3 to AA700, I'll make the change on the next and final iteration; due post earnings season.
The Nazdaq has turned in a record over the last two weeks for volume, yet MM1 and MM2 have barely breached 68% of an average days trade, each adjusted by 1 issue. (20 combined issues characterized)
Valuation matters, just this week we saw 57% yoy growth, 40%, 37%, 24%, 23%, 17% reported within our complex. Buying is being met with broker dealer anergy. They have not located most of what any of us have purchased, its simply electronic registry, and then move the stock lower and hope for churn.
I found that one of our new ones AC400 has a revenue per share number of over $160.00, this is significantly above average, and in fact is higher than COP, XOM, and VLO.
There is little valuation going on, and the trading data is as much a registry about tick spending; into a sold out market, as buying and selling of shares by those who own them as investments. Dont hesitate to go to a respective stocks Yahoo ledger of trading, the 6 month period we have just exited, leaves little doubt in my mind that many of these zones, are loaded with SOLD Out Stocks and the trades plan to try and recover inventory is always opposite investor intent.
I maintain that it is during these periods, when the market is struggling to get itself right, Investor awareness of actual conditions in the companies of interest are more important than ever.
Its important now to characterize news, identify chart patterns, engage your systemic antenna, because under a regime of disconnected Supply and demand......
Price truly is the artifact, of prevailing systems intent.
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