The market is pulling back. It is time to start considering "Diamonds in the Rough" as watch list candidates. The short-term market trend is working against us right now. Any positions you open should be accompanied by a hard stop or watched very closely each day...
Last week's winning "diamonds in the rough" came from the Energy and Materials sectors. Those sectors continue to heat it up with the Materials Sector (XLB) having the only positive close on today's decline...
Over the last two weeks I have been presenting the majority of "diamonds in the rough" from the Energy and Materials sectors. They didn't do much last week, but this week these stocks have been outperforming in a major way...
The reason it was hard to choose the Reader Requests today was because I had about 30 to review and they were all outstanding choices. Therefore, I picked the best to write about and have listed the rest that I really liked in the "Stocks to Consider" area...
Yesterday I spotlighted the Energy Sector (XLE) and today I'm spotlighting the Materials Sector (XLB). This sector chart looks great minus some overbought readings on participation. However, the PMO is rising gently and isn't overbought...
Last Thursday I looked at a few Energy ETFs that looked promising going into this week. Both are up about 2.5% and 4.5% since we picked them last Thursday. This sector is turning around and it should continue to move higher...
Interesting trading week for Diamonds. This week I believe that we can fully see why it is important to stay diversified in your portfolio positions. What do I mean? This week the "diamonds in the rough" were mainly from the Energy sector with the majority being picked yesterday...
Welcome to Reader Request Day! I opted to cover five stocks today, three were reader requests and I added two of my own. Energy (XLE) is heating up and we now have a plethora of stocks to consider. The news has been out that gas prices are on the rise...
As I sifted through today's scan results (hundreds again today), I noticed a few industry groups that were showing up frequently within the results. These four industry groups are picking up momentum so I found a stock in each for your review...
I do have a "buy alert" for after hours trading right now. See today's second "diamond in the rough" below. Sifting through scans today was quite difficult as I had 82 results on the Diamond PMO Scan. Additionally, a few of my other favorite scans yielded hundreds of results...
I always enjoy the Diamond Mine mornings! We had excellent symbol requests and time to do some actual "mining" at the end. If you weren't able to attend, I recommend you watch today's recording...
The market kicked off on a high note and then hit a bass note by the end of the day. As Mary Ellen McGonagle and I prepared for today's Chartwise Women show on StockChartsTV , we discussed how Biotechs are beginning to show promise...
For some reason it seemed to be much easier to glean "diamonds in the rough" today. All them come from the more defensive sectors, Healthcare and Consumer Staples...
While scanning for today's "diamonds in the rough", I found myself looking at bullish chart patterns throughout my results. I also noticed that REITS and Biotechs were the leaders...
As always we had a very fruitful Diamond Mine trading room today. The link to the recording is within this report. I apologize for cutting it a little short so that I could prepare for my interview with MarketViews.TV...
Reader request day already! Remember to submit them before Thursday for possible inclusion in the DP Diamonds Report. I had a tough time deciding on my pick for the day. I went back out into the Materials sector, but I was tempted to add a Healthcare Provider or Gold Miner...
Yesterday I led the DecisionPoint Alert with a discussion of the Energy sector and its opportunity to begin rebounding this week. Well Energy (XLE) was up +2...
I have some interesting "Diamonds in the Rough" today. First off I have an ETF that is breaking out of a consolidation zone with plenty of upside potential. Next, we have a low-priced stock with even more upside potential...
Excellent time in the Diamond Mine this morning! The recording is linked below. Additionally, I've posted next week's link. When you register, be sure to keep the receipt with the "join" information...
It's Reader Request Day for Diamonds! I was proud and pleased when the requests came in and they were stocks that were already on my radar as they came up in scans this week. I've selected three requests and all of them were in my scan results this week...