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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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  • More Distribution
    Another seller dominated day gives the Naz its second day of Distribution in a row, while the Dow and S&P drift.



    We're not shifting from our Buy bias just yet. In fact, we'd like to see a gentle broad market pullback give us some better opportunities to scoop up select Growth Stocks that broke out recently.

    Any further Distribution, where volume on a down day out numbers the previous day, will make us cautious. Another concern is the semiconductors (NYSEARCA:SMH), which have yet to conquer its key 200-day moving average to the upside, and drags heavily on the Bull for its historical tendency to trade closely with the market's longer term direction.

    Stay tuned,

    Dan, thegrowthstockreport.com

    Disclosure: Long SINA, Short DECK
    Sep 22 6:55 PM | Link | Comment!
  • Distribution Makes Its Mark
    Our fine rally has hit a round of heavy selling - though nothing to get to excited over, yet.Seller domination in Tuesday's action ended with the S&P 500 and Nasdaq posting their first days of Distribution in weeks.This institutional grade unloading of shares suggests the big boys took some profits.We want to see the selling dry up to maintain our Bullish bias. More distribution will put us back on defense.As for Growth Stock breakouts, we haven't seen it this good in a long time. Ideally, we'll get a nice pullback to buy in at better prices. Subscribers to our report will get a better fix on this.Stay tuned,Dan, thegrowthstockreport.com

    Disclosure: Long SINA, Short DECK
    Sep 21 5:03 PM | Link | Comment!
  • Not Out Of Woods
    Last week's Follow Through Day, suggesting institutions are on board with a bullish leg in stocks, has been working thus far.



    As up-volume outpaces down-volume over the past several weeks we've had the confirmation of a number of new highs from our top-ranked and beloved Growth Stocks.

    We're holding our Buyer's Edge bias until Distribution, or institutional grade selling, shows up. The S&P 500's testing of just above its 200-day moving average might pose just the location for some type of pullback to take place.

    The key sectors of Financials (NYSEARCA:XLF), Semiconductors (NYSEARCA:SMH) and Retail (NYSEARCA:RTH) all remain below their 200-day moving averages, giving us further indication we're hardly out of the woods.

    September is also notorious for corrections, so hold on.

    Dan, thegrowthstockreport.com
    Sep 14 4:53 PM | Link | Comment!
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  • Base breakout on growth stock $ULTA in effect
    Jun 18, 2010
  • Major buy volume on Growth Stock $ULTA, up 10%, nearing base breakout
    Jun 11, 2010
  • Growth Stock base breakout on $DECK
    Jun 11, 2010
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  1. Cautious Buyers (6 Comments)
  2. Runaway Train (4 Comments)
  3. A Follow Through Day (2 Comments)
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