Big moves lately and the S&P is at a new high, but when you break it down, where that momentum is truly coming from is revealing. When you start to sort through the tickers that are also making new highs to support the index, it isn’t the usual suspects anymore. If you aren’t factoring this into you trading candidates, you are leaving money on the table.

In this weeks update, I sort through those stocks and breakdown what this is an indicator of. Have a notepad ready because this a quick look at a lot of tickers (to see the bigger picture) and most importantly to spotlight the ones I like. Take a look.

It is hard to look at a market that is contradicting itself in many ways and not realize there are a lot of traps out there. I am crawling through these charts each day and, again, this is the kind of info I send to my subscribers every day. If you want to avoid the traps and grab the elusive trades that have the best potential in my opinion, sign up for my KeyPoint Alerts here for just a buck.

Thanks,

Joe