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Our research draws its market bias from a combo of Fundamental and Technical evidence. Economic and earning trends are matched against our analysis of price and volume charts, giving us an indication of how friendly or unfriendly the market is behaving. The goal is to identify top growth stocks... More
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  • Grinding
    Modest Distribution on the S&P 500 and Dow is playing into our Buyer's Caution bias.



    We're taking a recent boost in volume coupled with mostly sideways action as a sign that the rally is finding it harder to continue.

    This type of grinding often sets the stage for a pullback, where we'll gauge its potential of being subtle vs. a more significant correction.

    We're very eager to buy some of the hotter Growth Stocks out there at more reasonable prices. The market has been extended for some time now, testing the patience of wanting buyers like ourselves.

    Stay tuned,

    Dan, thegrowthstockreport.com      
    Oct 27 5:59 PM | Link | Comment!
  • Grind Away
    An uptick in volume over the last two weeks coupled with stagnant price action tells us this rally has cooled.



    We're sticking with a Buyer's Caution bias, though will turn it to Sell if we see some Distribution Days notched in.

    Distribution, where volume exceeds the previous day and accompanies a price drop, gives us indication that institutions may be unloading. And that's something we don't want to be on the other side of given institutions' dominance in moving the market.

    Stay tuned,
    Dan, thegrowthstockreport.com
    Oct 21 6:50 PM | Link | Comment!
  • A Little Rain For The Bears
    The major indexes all experienced heavy selling Tuesday, putting the 50-day moving averages in play as support.



    Bears have been waiting a long time for a significant correction. The fact that the day marked Distribution, where volume outpaced yesterday's, suggests institutions are taking cover.

    We're going with a Yellow Flag Buyer's Caution bias in light of this selling. We want to pay close attention now to how recent leadership holds up to better guage the prospects of this being a mild pullback or something more significant.

    Stay tuned,
    Dan, thegrowthstockreport.com
    Oct 19 6:10 PM | Link | Comment!
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  1. Cautious Buyers (6 Comments)
  2. Runaway Train (4 Comments)
  3. A Follow Through Day (2 Comments)
  4. Bearish Callings (2 Comments)
  5. Pullback Mode (1 Comment)
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