Recommended Reading

Google Search

Google
 
Charts courtesy of stockcharts.com

Wednesday, March 14, 2012

Market Leadership


Ticker 50-Day Simple Moving Average 52-Week High Relative Strength Index (14) Change Change from Open Gap Relative Volume
AAPL 22.76% 2.92% 84.91 2.94% 1.12% 1.80% 2.52
CBOU -2.76% -13.82% 38.8 -0.99% -0.43% -0.56% 1.68
MHS 12.26% 0.06% 71.91 0.38% 0.58% -0.20% 1.1
TCAP 3.32% -0.81% 59.89 -0.61% -0.61% 0.00% 0.99
ASPS 14.18% -3.29% 66.64 -0.03% -0.41% 0.38% 0.95
MELI 4.72% -8.13% 51.7 -0.17% -0.15% -0.02% 0.88
TNH 13.54% -6.05% 60.14 -0.49% -2.42% 1.98% 0.87
LULU 13.05% -2.29% 63.2 -1.61% -1.94% 0.34% 0.83
CSTR 19.60% 0.28% 69.87 0.80% 0.51% 0.29% 0.8
SWI 11.74% -4.55% 58.24 -2.47% -2.52% 0.05% 0.69
RGR 5.78% -8.18% 53.09 -0.37% 0.05% -0.42% 0.67
PCLN 16.75% -1.25% 71.43 -1.02% -0.90% -0.12% 0.66
ATW 2.26% -5.71% 50.92 -1.73% -1.81% 0.09% 0.65
CRUS 14.82% 0.00% 65.69 0.84% 0.79% 0.04% 0.6
FOSL 23.68% -5.12% 67.41 -1.74% -1.65% -0.08% 0.6
MDSO 22.09% -4.71% 76.27 -1.58% -1.43% -0.15% 0.36

Nowit is AAPL turning into a runaway train, and I am actually thinking of doing the unthinkable - shorting it. There aren't any other big moves, but there are a lot of new highs - AAPL, MHS, LULU, CSTR, CRUS.

Here are a link to the charts.

2 comments:

Michael said...

I know what you mean David, about shorting AAPL, but I learn one thing is to never short a bull market (never stand in front of a runaway train).

David said...

I agree 100%. Shorting AAPL is going to be pretty dangerous, and probably not very profitable. Even in a correction I don't expect AAPL to drop a lot.

Google Analytics