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Blue Chip Daily: Focus on Stocks Over the 20, 50 and 200-sma
@Capital_Insights:Larry Tentarelli @bluechipdaily $S&P 500(.SPX)$ reclaimed the 40-Week MA today, Still below 10-week. Needs a close over 4400 to reclaim 20-week MA and more importantly put in a higher high. All 11 $S&P 500(.SPX)$ 500 sectors were up, by 1.3% or more. These strong breadth moves are usually at the beginning of a bigger trend move, as we saw in June. Do your have trading target stock for November? For individual stocks, Index direction and trend are key. For stock selection, over the 20, 50 and 200-sma are often the strongest stocks. Other criteria go into stock selection. 206 large caps > 20, 50 & 200. Coming out of an index drawdown, I use a combination of ETFs (for size) & single stocks. $Apple(AAPL)$ $Microsoft(MSFT)$ $Amazon.com(AMZN)$ $UnitedHealth(UNH)$ $Visa(V)$ $Wal-Mart(WMT)$ $Broadcom(AVGO)$ $Procter & Gamble(PG)$ $Novo-Nordisk A/S(NVO)$ $Adobe(ADBE)$ $Toyota(TM)$ $SHELL PLC SPON ADS EACH REPR 2 ORD SHS(SHEL)$ $Linde PLC(LIN)$ $Netflix(NFLX)$ $Advanced Micro Devices(AMD)$ $T-Mobile US(TMUS)$ $Total SA(TTE)$ $SAP SE(SAP)$ $Intel(INTC)$ $ConocoPhillips(COP)$ $IBM(IBM)$ $Union Pacific(UNP)$ $NOW Inc(DNOW)$ $S&P Global(SPGI)$ $Lockheed Martin(LMT)$ @bluechipdaily Good luck in investing.
Blue Chip Daily: Focus on Stocks Over the 20, 50 and 200-smaDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.