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WEEKEND REPORT, 3 JUNE 2017

|Includes: AMBA, MT, YINN, Zoompass Holdings, Inc. (ZPAS)

Subscribers, trade with us. Consult POSITIONS page for all CGTS trades.

15.83% --->---> Seeking Alpha Portfolio

There has been some deterioration in the markets. Nothing major. COUNT1 Bullishness is 55.6%, which I found a bit light. COUNT2 is 69.85%. Pretty good. PROP1 Bullishness is 74.99% -- right about where I expected it to be. Our two EARLY WARNING SYSTEMS, PROP2 and our SHORT-TERM TREND are both above 50%. They will both break down when something goes wrong in the markets. They are fine now. Also, in our daily trading signals, SHORTSELLS will begin to show up everywhere. Most of what we see is LONG trades -- and our COUNT REPORT continues to show a lot more CLIMBERS than FALLERS, which I will begin tallying daily. I don't want to become complacent.

6/2/17  
   
COUNT1  
BULLISH  
437 55.60%
   
COUNT2  
BULLISH  
549 69.85%
   
PROP1  
BULLISH  
586 74.55%
   
   
Early-Warning  
System  
   
PROP2  
BULLISH  
471 59.92%
   
SHORT-TREND  
Bullish  
423 53.82%

Let's look at our COUNT REPORT first.

Column1 Column2 Column3 Column4 Column5 Column6 Column7 Column8 Column9 Column10
6/3/17                  
                   
                   
COUNT2 RISING 20              
Total Count2 Positive: 549 69.85%            
                   
        COUNT1   COUNT2      
SYMBOL CLOSE PROP1 COUNT1 DIFF COUNT2 DIFF RESIST SUPPORT ISSUE
                   
COVER                  
SLNO 0.62 -19 8 -2 16 2 0.7 0.55 SOLENO THERAPEUTICS (Capnia)
BCRX 5.52 -19 -28 0 -18 2 7.39 5.02 BioCryst Pharmaceuticals
F 11.35 -15 -30 0 -10 2 13.27 11.27 Ford Daily
GES 12.15 -13 -10 2 -10 2 13.81 9.62 Guess? Inc
NTNX 18.58 -13 16 2 16 2 33.74 14.38 Nutanix -- Cloud
NUGT 33.8 -13 6 2 6 2 44.88 26.9 * Gold Miners Stocks Bullish ETF 3x (NYSE:O)
                   
BUY                  
CLMT 4 -5 -14 0 8 2 4.93 3.45 Calumet Speciality
THC 17.23 -5 30 2 30 2 19.74 14.66 Tenet Healthcare
ESSI 2.368 -3 -8 2 -4 2 2.7 2.04 Eco-Science Solutions (NO)
WKHS 3.56 -1 -4 0 22 2 4.04 2.275 Workhorse Group
AMD 10.9 -1 -18 0 4 2 12.77 10 Advanced Micro Devices
JNUG 17.06 -1 -12 0 8 2 21.2 13.72 * Junior Gold Miners Bullish ETF 3x
VRX 12.51 1 2 0 28 2 14.44 8.36 Valeant Pharmaceuticals
OCN 2.69 3 -26 0 20 2 3.38 2.22 Ocwen Financial
HCG.TO 9.18 5 -18 0 10 2 11.06 5.75 Home Capital Growth Canada
BZQ 13.83 5 -26 0 -6 2 16.63 11.37 Short Brazil Shares ETF
DGAZ 25.93 5 2 0 -6 2 22.82 17.05 * Natural Gas Bearish ETF 3x (NO)
ACHN 5.03 5 22 2 22 2 4.33 3.15 Achilliion Pharma
USLV 14.13 5 0 2 0 2 17.23 10.96 * Silver Stocks Bullish ETF 3x (NO)
NAO 1.17 7 4 0 26 2 1.2 0.795 Nordic American Offshore
                   
COUNT2 FALLING 11              
Total COUNT2 Negative: 234 29.77%            
                   
SHORTSELL                  
PTX 4.29 -23 -4 0 -2 -2 7.14 3.28 Pernix Therapeutics
BWEN 5.14 -19 -18 -2 -18 -2 9.505 4.01 Broadwind Energy
QBAK * 6.65 -19 4 0 -8 -2 6.5 4.77 Qalstar
AMSC 4.215 -15 -20 -2 -20 -2 7.75 5.9 American Superconductor
* Don't shortsell                
                   
SELL                  
DUST 29.37 -7 -10 -2 -10 -2 38.68 24.69 * Gold Miners Bearish ETF 3x
LBJ 22.857 -5 -14 0 10 -2 32.488 25.54 * Latin America Stocks Bullish ETF 3x
OIL 4.96 -5 10 2 20 -2 5.96 4.77 Oil ETF
TRNC 11.36 -1 -22 -2 -22 -2 15.718 9.09 Tribune Publishing
JDST 77.75 -1 12 0 -6 -2 103.68 64.31 * Junior Gold Miners Bearish ETF 3x
SPU 2.76 1 -30 -2 -30 -2 4.33 2.3 Skypeople Fruitjuice China
RGLS 1.6 1 -18 0 -10 -2 1.95 1.4 Regulus Therapeutics
                   
                   
                   
COUNT1 RISING 52              
Total COUNT1 Positive 437 55.60%            
                   
        COUNT1   COUNT2      
SYMBOL CLOSE PROP1 COUNT1 DIFF COUNT2 DIFF RESIST SUPPORT ISSUE
                   
                   
GGB 2.88 -25 0 2 -30 0 3.31 2.6 GERDAU S.A.
TZA 16.83 -23 22 2 -30 0 20.21 16.32 * Direxion Daily Small Cap Bear
LABD 9.28 -21 16 2 -30 0 12.07 9.15 * Biotech Bear 3 x
SRTY 44.52 -21 18 2 -30 0 52.1 43.15 * Russell 2000 Bearish ETF 3x
CDE 9.36 -19 10 2 30 0 9.91 8.07 Coeur D'Alene Daily
NMM 1.57 -19 -8 2 -30 0 2.28 1.53 Navios Maritime Partners
ICPT 119.22 -15 28 2 30 0 133.44 105.06 Intercept Pharma
DSX 3.73 -15 -8 2 -30 0 6.155 3.48 Diana Shipping
CAAS 5.07 -13 0 2 30 0 5.68 4.35 Chinese Auto Daily
SIL 35.19 -13 8 2 30 0 38.55 32.21 Silver International ETF
WDRW 49.54 -13 20 2 30 0 53.873 41.887 * Regions Banks Bearish ETF 3x (NO)
ABC 93.58 -13 26 2 30 0 92.81 80.82 Amerisource
NTNX 18.58 -13 16 2 16 2 33.74 14.38 Nutanix -- Cloud
NUGT 33.8 -13 6 2 6 2 44.88 26.9 * Gold Miners Stocks Bullish ETF 3x
GES 12.15 -13 -10 2 -10 2 13.81 9.62 Guess? Inc
CYTX 1.03 -13 -6 2 -30 0 2.08 0.901 Cytori Therapeutics
ARNA 1.35 -13 -8 2 -30 0 1.62 1.15 Arena Pharmaceuticals
PDLI 2.45 -13 26 2 -30 0 2.32 2.01 Protein Design Labs
FSM 4.67 -13 8 2 -30 0 5.6 4.13 Fortuna Silver Mines
NIB 24.43 -13 12 2 -30 0 27.12 21.36 Cocoa ETF
RENN 7.06 -11 -2 2 -30 0 12.4 6.05 RenRen (China)
AGQ 37.71 -11 4 2 -30 0 42.814 31.93 * Ultra Silver Leveraged ETF (Bullish)
                   
                   
SSRI 9.53 -7 10 2 30 0 11.415 8.75 Silver Standard Resources
THC 17.23 -5 30 2 30 2 19.74 14.66 Tenet Healthcare
USO 9.87 -5 10 2 30 0 11.79 9.43 United States Oil
AMBA 59.22 -5 30 2 30 0 60.19 49.49 Ambarella
OIL 4.96 -5 10 2 20 -2 5.96 4.77 Oil ETF
CF 26.4 -5 12 2 -30 0 37.13 25.04 CF Industries
AG 8.23 -3 10 2 28 0 9.585 7.055 First Majestic Silver
ESSI 2.368 -3 -8 2 -4 2 2.7 2.04 Eco-Science Solutions (NO)
AXAS 1.83 -3 10 2 -30 0 2.24 1.66 Abraxis Petro
UGA 25.2 -3 10 2 -30 0 31.67 23.45 US Gasoline ETF
ENDP 12.95 -1 14 2 30 0 14.06 11.725 Endo Pharmaceuticals
TSRO 151.11 -1 28 2 -30 0 192.43 135.15 Tesaro
OKTA 24.93 0 -8 2 -30 0 26.54 22.67 Okta Corp
HL 5.73 1 10 2 30 0 6.17 5.05 Hecla Mining
SAND 3.45 1 10 2 -30 0 4.58 3.18 Sandstorm Gold
HIMX 7.8 3 -10 2 -30 0 9.45 6.4 Himax Technologies
GNC 7.58 3 -2 2 -30 0 9.57 6.57 GNC Holdings
GFI 3.68 5 10 2 30 0 4.09 3.06 Gold Fields
IAG 4.5 5 10 2 30 0 4.55 3.55 I Am Gold
CORT 12.02 5 14 2 30 0 11.45 8.995 Corcept Therapeutics
YINN 23.08 5 30 2 30 0 21.98 18.49 * China Stock Bullish ETF 3x
PFPT 89.27 5 26 2 30 0 83.89 70.3 ProofPoint
ACHN 5.03 5 22 2 22 2 4.33 3.15 Achilliion Pharma
USLV 14.13 5 0 2 0 2 17.23 10.96 * Silver Stocks Bullish ETF 3x (NO)
VVUS 1.2 5 28 2 -30 0 1.25 1 VIVUS Inc
PAAS 17.5 5 8 2 -30 0 19.43 15.64 Pan-American Silver
IIVI 31.3 5 10 2 -30 0 39.5 27.25 II-VI INC
GDXJ 31.88 5 10 2 -30 0 38.12 29.33 Gold Junior Minors ETF Daily
QCOM 58.58 5 26 2 -30 0 71.62 52.21 Qualcom Daily
INCY 131.5 11 -2 2 -30 0 153.15 114.34 Incyte Corp
                   
                   
COUNT1 FALLING 58              
Total Count1 Negative: 299 38.04%            
                   
        COUNT1   COUNT2      
SYMBOL CLOSE PROP1 COUNT1 DIFF COUNT2 DIFF RESIST SUPPORT ISSUE
                   
                   
TRADING SHORTSELL                
FINL 13.9 -25 -2 -2 30 0 16.38 12.63 Finish Line
FIT 5.51 -25 -6 -2 -30 0 6.8 5.32 Fitbit
HGSH 1.62 -25 -12 -2 -30 0 1.8 1.48 HGS Realty China
FMCC 2.485 -25 -16 -2 30 0 2.88 2.14 Freddie Mac Daily
FNMA 2.595 -25 -16 -2 30 0 2.98 2.25 Fannie Mae Daily
STNG 3.64 -25 -20 -2 30 0 4.6 3.93 Scorpio Tankers
DPST 53.32 -25 -22 -2 -30 0 66.677 52.618 * Regional Banks Bullish ETF 3x (NO)
YANG 10.21 -25 -28 -2 -30 0 13.03 11.06 * China Stock Bearish ETF 3x
6P8.F 1.843 -25 -30 -2 -30 0 2.3 2.002 Pets At Home
SLNO 0.62 -19 8 -2 16 2 0.7 0.55 SOLENO THERAPEUTICS (Capnia)
RETL 28.71 -19 2 -2 -30 0 35.56 27.9 * Retail Stocks Bullish ETF 3x
BDT.DE 83.01 -19 -4 -2 -30 0 98.89 83.8 Bertrandt
BWEN 5.14 -19 -18 -2 -18 -2 9.505 4.01 Broadwind Energy
YELP 28.79 -19 -18 -2 -30 0 36.16 31.68 Yelp
TOO 3.27 -19 -30 -2 -30 0 5.7 4.7 Teekay Offsore Partners
AMSC 4.215 -15 -20 -2 -20 -2 7.75 5.9 American Superconductor
BWLD 152.35 -15 -28 -2 30 0 164.35 143.1 Buffalo Wings
HURN 44 -13 -16 -2 -30 0 46.85 39.15 Huron Consulting
WPM 20.38 -13 -20 -2 30 0 22.28 18.68 Wheaton Precious Metals
                   
TRADING SELL                
PBR 8.48 -7 10 -2 -30 0 10.52 8.7 Petrobas Petroleum Brasil
MOMO 38.07 -7 6 -2 30 0 44.58 29.56 Momo
EWZ 34.93 -7 6 -2 30 0 40.46 31.04 Brazil ETF $
DSLV 23.12 -7 0 -2 30 0 30.32 19.64 * Silver Stocks Bearish ETF 3x (NO)
CPA 111.98 -7 -2 -2 30 0 125.775 48.57 Copa Holdings SA-A
DUST 29.37 -7 -10 -2 -10 -2 38.68 24.69 * Gold Miners Bearish ETF 3x
SLM 10.11 -7 -12 -2 30 0 13 5.56 Sallie Mae Daily
MTL 5.14 -7 -16 -2 30 0 6.1 5.07 Mechel Open Joint Stock Company
NBIX 46.25 -7 -16 -2 30 0 54.812 39.21 Neurocrine Biosciences
OREX 3.03 -7 -20 -2 30 0 3.8 2.44 Orexigen Pharmaceuticals
EGO 3.03 -7 -26 -2 30 0 3.73 2.76 El Dorado Gold Mines
BZH 12.56 -5 6 -2 30 0 15.065 11.18 BEAZER HOMES
KERX 6.51 -5 0 -2 30 0 7.04 5.37 Keryx Biopharm
SRPT 31.37 -5 -16 -2 30 0 38 28.14 Sarepta Therapeutics
ALNY 71.99 -1 20 -2 30 0 75.83 47.66 Alnylam Pharma
SSYS 27.77 -1 10 -2 30 0 30.878 18.06 Stratasys LTD
DDD 20.68 -1 6 -2 30 0 23.415 13.65 3D Systems
JWN 42.47 -1 -2 -2 -30 0 50.04 41.505 Nordstroms
GVA 47.96 -1 -14 -2 -30 0 55.107 45.78 Granite Construction
DHT 4.24 -1 -16 -2 30 0 4.925 4.35 DH Holdings
ANZ.AX 28.28 -1 -16 -2 30 0 32.95 22.11 Australia/New Zealand Banking
NAB.AX 30.25 -1 -16 -2 30 0 34.09 24.32 National Bank of Australia
MXWL 5.82 -1 -22 -2 30 0 6.34 4.39 Maxwell Technologies
TRNC 11.36 -1 -22 -2 -22 -2 15.718 9.09 Tribune Publishing
ACH 11.41 -1 -28 -2 30 0 13.28 11.537 Aluminum Corp of China
KITE 75.49 1 -10 -2 30 0 84.48 74.06 Kite Pharma
LXRX 15.12 1 -12 -2 -30 0 16.04 13.575 Lexicon Pharmaceutical
OSK 65.23 1 -24 -2 30 0 74.995 29.75 Oshkosh
SPU 2.76 1 -30 -2 -30 -2 4.33 2.3 Skypeople Fruitjuice China
MTZ 44 3 -4 -2 30 0 47.9 35.475 Mas Tec
AXON 22.99 3 -14 -2 30 0 25.18 11.33 Axovant
NANO 28.04 3 -16 -2 30 0 32.42 19.42 Nanometrics Inc
URTY 128.47 3 -18 -2 30 0 135.06 113.55 * Russell 2000 Bullish ETF 3x
AA 32.86 3 -22 -2 30 0 36.55 30.99 ALCOA, Aluminum Company of America
LABU 50.09 5 -16 -2 30 0 53.32 41.06 * Biotech Bull 3x
TNA 54.78 5 -22 -2 30 0 57.595 48.405 * Direxion Daily Small Cap Bull
IMMR 8.65 5 -22 -2 -30 0 9.17 8.02 Immersion Robotics
DRN 21.99 5 -30 -2 30 0 23.94 19.25 * Real Estate Stocks Bullish ETF 3x

That is a forest of numbers I realize. Maybe we should look at a couple of pictures here. UDOW has rarely looked better. The top pane shows our M2F ALT indicator as an overbought/oversold gauge. UDOW was overbought and retreated for two days -- but it still wants to go higher.

A couple stocks we are watching:

Here are our TRADING SIGNALS for today:

Column1 Column2 Column3 Column4 Column5 Column6 Column7 Column8 Column9 Column10 Column11
6/2/17                    
                     
                     
CGTS SIGNALS                  
                     
                     
COUNT1 BASIC                  
          COUNT1   NEW TRADE NEW TRADE    
SYMBOL CLOSE PROP1 PROP3 COUNT1 DIFF POSITION TODAY YESTERDAY ISSUE  
                     
ZPAS 1.85 -25 -25 18 -2 Short     Zoompass  
                     
                     
COUNT1 ZERO X                  
                     
      COUNT1 COUNT1   NEW TRADE        
SYMBOL CLOSE PROP1 TODAY Yesterday POSITION TODAY ISSUE      
                     
CPA 111.98 -7 -2 0 Flat   Copa Holdings SA-A      
FINL 13.9 -25 -2 0 Short Enter Short Finish Line      
JWN 42.47 -1 -2 0 Flat   Nordstroms      
                     
                     
                     
COUNT1 BASIC 30                  
                     
        COUNT1   NEW TRADE        
SYMBOL CLOSE PROP1 COUNT1 DIFF POSITION TODAY ISSUE      
                     
6P8.F 1.843 -25 -30 -28 Short Enter Short Pets At Home      
AMBA 59.22 -5 30 28 Long Enter Long Ambarella      
TOO 3.27 -19 -30 -28 Short Enter Short Teekay Offsore Partners      
YINN 23.08 5 30 28 Long Enter Long * China Stock Bullish ETF 3x      
                     
******** ******** ******** ******** ******** ******** ******** ******** ********    
COUNT2 BASIC                  
        COUNT2   NEW TRADE NEW TRADE      
SYMBOL CLOSE PROP1 COUNT2 DIFF POSITION TODAY YESTERDAY ISSUE    
                     
AMD 10.9 -1 4 2 Long     Advanced Micro Devices  
DGAZ 25.93 5 -6 2 Long     * Natural Gas Bearish ETF 3x (NO)
USLV 14.13 5 0 2 Long     * Silver Stocks Bullish ETF 3x (NO)
ZPAS 1.85 -25 -4 -2 Short     Zoompass    
                     
COUNT2 ZERO X                  
                     
      COUNT2 COUNT2   NEW TRADE        
SYMBOL CLOSE PROP1 TODAY Yesterday POSITION TODAY ISSUE      
                     
PTX 4.29 -23 -2 0 Short Enter Short Pernix Therapeutics      
                     
                     
                     
COUNT2 BASIC 30                  
No New Signals                    
        COUNT2   NEW TRADE        
SYMBOL CLOSE PROP1 COUNT2 DIFF POSITION TODAY ISSUE      
                     
NO NEW TRADES                  
                     
RAPID TRADE, 3x ETFS                  
        COUNT1   New Trade New Trade      
SYMBOL CLOSE PROP1 COUNT1 DIFF TRADE Today Yesterday ISSUE    
                     
DSLV 23.12 -7 0 -2 Flat   Exit Long * Silver Stocks Bearish ETF 3x (NO)
AGQ 37.71 -11 4 2 Flat     * Ultra Silver Leveraged ETF (Bullish)
USLV 14.13 5 0 2 Long   Enter Long * Silver Stocks Bullish ETF 3x (NO)

ZPAS, Zoompass, SHORT : COUNT1 Basic; COUNT2 Basic.

FINL, Finish Line, SHORT, COUNT1 ZERO X System.

MT, Arcelor-Mittal Stell: to sell or not to sell.

CPA, Copa Holdings, SA: TRADING SELL: COUNT 1 ZERO X System.

TRADING SELL, NORDSTROMS:

COUNT1 BASIC 30 BUY SIGNAL, AMBA:

YINN, Bullish China ETF: BUY SIGNAL, COUNT1 Basic 30 System:

Have a good weekend.

MJC, CGTS

Disclosure: I am/we are long UDOW.