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The market has yet to cough up a true follow-through day despite many calling last Thursday a follow-through day. If in fact a true follow-through day occurs this week we’ll certainly have more stocks for our Monster Stock Subscribers!
BIDU has been a big winner for us and we recently highlighted the stock.
February 8th Report:
February 12th [...]
In a corrective environment many that wisely raise cash to protect their capital then make the unfortunate mistake of tuning the market out, becoming complacent and allowing their watchlists to fall into disarray. This can be a fatal mistake in some instances, as when the time comes to get back to work on the long [...]
While history doesn’t exactly repeat itself, it does often rhyme. This is why, when going over the charts of stocks that we’re interested in, we’ll often hunt for precedents –that is, past Monster Stocks –that formed similar-looking patterns. I was recently going over the chart for SolarWinds (SWI), for example, and was looking for some [...]
Last week is a perfect example of why you just have to love the market. The “consensus,” of course, was that we would drift higher due to it being a holiday-shortened week. Well, we all know how that worked out. So next week should be interesting. All that can be said is to beware of [...]
We continue to be amazed by the lack of amazement at this market. In most likelihood, this in part has to do with people underperforming and not exactly being in the mood to talk about its odd behavior. That’s understandable. Yet the market continues to exhibit an almost “weird” resilience, a resilience that one must [...]
While Thursday was impressive on a percentage-gained basis, unfortunately volume was not quite so impressive. It seemed at one point during the day that we may very well have a “follow-through day” on our hands, even though volume was probably going to end up below average. That wasn’t going to concern us, to tell you [...]
In this study we look at William J. O’Neil’s work in AOL (presently TWX) in the late 90’s.
In 1965, William O’Neil bought a stock called Fairchild Camera. What happened next would teach him a painful yet valuable lesson. After the stock gained over 50% in a little more than a month, it corrected all the [...]
In this study we look at William J. O’Neil’s work in Charles Schwab (SCHW) in the late 90’s.
Schwab broke out of a 12 week cup with handle pattern and went on to advance over 400%. William O’Neil bought it right at the breakout on 10/15. It then promptly did nothing for about 2 weeks, [...]
In this, the first in a series of studies of history’s Monster Stocks, we take a look at AMGN
In order to find the Monster Stocks of the future you must first know what to look for. Without a doubt, the best way to do this is to study history’s biggest winners and to become as [...]
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