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:
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).
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.
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