Tze (2011-10-20 Trading Day) – Submit your questions and comments in our comment section through the comment link.
Stock Highlights:
Please download our newly WEEKLY updated STOCK RANKING MODEL here: ModelOutput_20111017
1. NASDAQ:AAPL: Apple Inc.
Just when everyone is expecting Apple to make new highs, the stock disappointed a bit. AAPL’s ATR is reaching record territory while the stock is trying to make new highs with waning volume. I am expecting a test of the 50 SMA for AAPL at $350 range. AAPL ranks poorly in the stock model (2,481 out of 3,514)
2. NASDAQ:EBAY: eBay Inc.
Ebay is trying very hard to break out of its trading range. Its ranking in the model is even worse at 3,263 out of 3,517.
Key Leveraged ETFs:
Download our latest leveraged ETF model update using closing prices as of 10/19/2011. Download the DAILY updated model here: ETFRanking_20111019
1. AMEX:ERX Direxion Daily Energy Bull 3X Shs(ETF)
ERX had a nice bounce back but the trend is still very bearish. Possibly ERX can rally up to the 20 SMA at the $54 level. Currently it ranks the highest in the ETF model.
Submit your comments and questions relating to any stock and leveraged ETFs on our daily discussion board and we will make sure to get back to you. You can also email us with your questions.
FocalEquity’s disciplined approach to stocks and leveraged ETFs is unmatched by any other free stock blogs. The access our users have to quantitatively driven models are only available to paid subscribers on most sites. But through FocalEquity, you can download our model rankings for stocks and ETFs for FREE!