Note: The stocks on this list are the strongest performing stocks this year as of June 1, 2015’s close. They are separated based on Market Cap and in most cases must have avg volume > 500k (except small-nano caps). There are no fundamental or other technical requirements for these stocks. Just leading stocks Mega-Cap: >$200B…
[su_spoiler title=”Monday-Wednesday’s Action: Economic & Earnings Data Is Not Impressive” style=”fancy”] Stocks were closed on Monday in observance of the Memorial Day Holiday. Stocks opened lower on Tuesday as investors digested the latest round of tepid economic data, and the USD resumed its very strong uptrend. Remember the Fed remains “data-dependent” and so far the…
[su_heading style=”modern-2-dark” size=”20″] Market Update: Transports Drag Market Lower[/su_heading] The Dow Jones Industrial Average, the benchmark S&P 500, small-cap Russell 2000, and Nasdaq composite all fell last week but rallied for the month. The latest reading on U.S. Q1 GDP fell 0.7%, beating the government’s estimate for a decline of 0.8%. Economists now believe that…
[su_heading style=”modern-2-dark” size=”20″] Housekeeping [/su_heading] Due to the shortened holiday week, this will be our only intra-week update (unless market conditions worsen significantly). [su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] In a normal (non EASY MONEY addicted environment), we would say the sloppy action we are seeing up here is not healthy and typically will lead to…