Although the major indexes made little progress last week, volatility is subsiding. And we are beginning to see some stocks find traction in their breakouts. Several names (primarily oil and gas stocks) made healthy moves
Right now, very few stocks are setting up in buyable positions. Even big-name staples like Amazon (AMZN) and Google (GOOGL) are trading well below their 200-day moving averages – a key line in the sand
Continental Resources, Inc. First up today is Continental Resources, Inc. (CLR). Here’s how the chart is setting up: And here’s how the stock is setting up with my Stock Surge Indicator (SSI): Surge score: 99/100
Investors hoping for a bit of trading stability on Wall Street in the days to come should expect to be disappointed yet again today as the market continues to chop around with no real direction.
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