Following the green…
My newly sorted Nifty-Fifty stock list had buys signals triggered pre-holiday for Tuesday’s open: CARB, UBNT, BID, TRMB, TFX, and CYS (also a yield play).
Among the 3x-leveraged ETFs giving new buys signals: ERX, TNA, TQQQ, and UPRO.
Looking for follow through to the upside for a day trade tomorrow, and maybe a hold for a swing through the week. But if they violate the open on a five-minute chart, they can be stopped out, something that has been happening all too much lately in this choppy, nevertheless up-grinding market…
Of note, CYS (see sample chart below) is up 22 percent year today on these swing signals (long only) in addition to sporting a double-digit dividend yield.
(right click on chart to view a larger image)