In preparation for my webinar this afternoon, I took a fresh look at where I'm seeing new strength. I presented my "Diamond of the Week" during yesterday's DecisionPoint show...
It was interesting week, "Diamonds in the Rough" overall finished slightly higher at +0.13% while the SPY finished -0.33% for the week. I prefer a higher "win" percentage that +0...
My goodness! The stock symbols that arrived this week from readers were excellent! It was nearly impossible to narrow down the list...
If you recall, last Friday I wrote that Healthcare was the sector to watch this week. Additionally, I listed my favorite industry group as Medical Supplies. Well today I have two medical supply companies that look promising. I also added a Biotech in the healthcare mix...
There were actually hundreds of stocks to look at when you combine the four scans I used today. Using CandleGlance I honed in a handful that looked promising based simply on price and the PMO...
This week's "Diamonds in the Rough" shined up nicely with only three positions finishing in the red. The Diamond Mine went long today, but we covered a lot of ground. Be sure and take a look at the recording...
It was a pretty good batch of reader requests that arrived; it took me some time to evaluate each one. Determining which made the report was quite difficult as most of the charts had merit. I did whittle it down and we have coverage of five different sectors...
Given the lack of reader requests for tomorrow and the Diamond PMO scan returned zero results (even the Diamond Dog scan produced just one), it is clear that the selection is limited as far as trades go. The market is at a crossroads so tread lightly...
While the market was up today, we are still playing defense. To that end, today's "Diamonds in the Rough" are in defensive sectors and offer high yields as well as the opportunity to set a tight stop...
Interesting week for our "Diamonds in the Rough". A few shined up nicely while others remain pretty "rough". This week we had a "pop" on one the diamonds and a "drop" on another one...
Most of today's reader requests are taking advantage of new strength in the defensive areas of the market, particularly Real Estate and Consumer Staples. I also had a reader throw a Gold Miner in the mix. My pick is from the Utilities sector which is also gaining strength again...
Interesting rotation in the market today. You'll notice on the Sector Summary below that it was the defensive sectors that carried the day. I discussed XLRE yesterday and I have a REIT to add to the others I've presented. I'm finally seeing a popular industry group waking up...
The Real Estate sector (XLRE) has been a clear out-performer of late (one of last week's "Diamonds in the Rough" is continuing to outperform), but is it too late to get in on the rally? I don't believe so, especially when you see today's "Diamonds in the Rough" from that sector...
Glad to be home! It was a whirlwind trip that was very exhausting, but so amazing as well! It was great to share some of our country's great National Parks with my youngest daughter. Soon she won't have the flexibility to join us so it was nice to have her...
I've made it home! No interesting pictures to share from today. We traveled on two very sparse desert highways to get home so there wasn't much to see. The scenery didn't change much! I picked out three reader requests that look interesting and then included one of my own...
It was so hot at the Grand Canyon today, over 95 degrees with very little breeze. The heat took it out of us so we did an airplane ride and stopped at a few of the best viewpoints. We are exhausted and have decided to go home a day early with a long drive home tomorrow...
I've arrived at the Grand Canyon and will explore with an airplane ride tomorrow! Bryce Canyon was amazing. I included some of the pictures that I've downloaded, but there are more I will share tomorrow...
It was a tricky week because five picks had only two days to mature and the other five had only one day to mature. The charts still look pretty good, but as far as the spreadsheet goes, it was mixed...
Thank you for your patience as we continue to work on our website publishing process. We are having technical issues, so not only am I publishing late while traveling, the website is having problems. Hopefully, you are getting this via the normal route on our website...
Hello Diamond Readers! All of today's stocks are from the Diamond PMO Scan. While I like today's stock picks, I don't think you want to increase your exposure right now. Granted there are some pockets of strength, but overall the market is shaky so tread carefully...