Over the 4 days Feb 1-4, 45 charts of the 52 that I track, had at least one buy signal. That’s promising. I screened those with prior buy signals for buy signals that triggered on Monday. There were 25, indicating signal progression through several short term time frames. I then gave those the eyeball test. Many of them looked like they could move higher. I chose 3 that I liked the best to add to the list as shown on the table below. That will leave us with 7 open selections.
Looking at a screen of all 52 stocks in the group on Monday, there were 35 buy signals, before applying the filter of those that had signaled previously last week. It suggests that the group should be higher in a week or two than it is now.
The strategy and tactics suggestions in this report are for informational and entertainment purposes, and illustrative of one approach. Nothing in this report is meant as personalized investment advice and you should not construe it as such. No representation is made that it is the best approach, will be profitable, or suitable for you.