US Stocks: Improved Technical Action
The futures of the major US indices fell modestly early Monday morning. The stock market rally passed an inflection point last week, making a decisive move higher.
Investors should be adding to their positions with careful buys, not rushing to ramp up exposure. Markets are showing solid and improving technical action, but also appear to be betting on an optimistic economic scenario.
Here is the link to our updated watchlist for the US tock market:
tradingview.com/watchlists/75013711/
Watch out for the sectors Solar, Energies, Health & Technologies and Consumer Services which all show improved relative group strength.
All Stocks on our watchlist are absolute top picks and fulfill Minervini's Trend-Template criteria and are selected using IBD's CAN SLIM criteria. Also, they all have low risk entry points.
Investors should be adding to their positions with careful buys, not rushing to ramp up exposure. Markets are showing solid and improving technical action, but also appear to be betting on an optimistic economic scenario.
Here is the link to our updated watchlist for the US tock market:
tradingview.com/watchlists/75013711/
Watch out for the sectors Solar, Energies, Health & Technologies and Consumer Services which all show improved relative group strength.
All Stocks on our watchlist are absolute top picks and fulfill Minervini's Trend-Template criteria and are selected using IBD's CAN SLIM criteria. Also, they all have low risk entry points.
Combing the BEST of two WORLD's: Cathie Wood & Mark Minervini
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