Upside Buy Alerts Going Off on Magnet Stocks

Jordan Kimmel |

Jordan Kimmel EquitiesWhen the stock market indexes go up but the advance/decline line struggles…that is often the signal to be cautious. When the A/D hits a new high as the market digests gains… look for the stock market to go higher.

Yes, the market is in a digestive mode. Leadership has been hard to find. We have even seen a couple of lower lows and lower highs on the indexes. There have even been reports of the sky falling again on Wall St.

The reality is that most of the stocks I follow, and the indexes, are all coming off the bottom of the envelope again. Many market leaders are looking much better than the indexes… Energy, medical, tech- and Magnet stocks of all sizes…are looking ripe to move higher.

Yes you should be cautious – always! You should not chase in any market. For those that have been patient, you should be seeing set up charts all around. Two “upside buy” alerts went off this morning for me.

And while it is good to be cautious, today’s investors are suffering from PFCS- Post Financial Crisis Syndrome. No the sky is not falling – in fact- we are seeing positive divergence…make money while the Sun is shining!

*DISCLOSURE: No relevant positions

This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by T3 LIVE or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Visit the T3Live Homepage, Virtual Trading Floor, and Learn More About Us.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Symbol Name Price Change % Volume
MITT AG Mortgage Investment Trust Inc. 17.84 0.12 0.70 44,124


Emerging Growth

Reliq Health Technologies Inc.

Moseda Technologies Inc provides mobile and IT cloud computing to increase operational efficiency and security. It develops SmartFleet, a solution designed for commercial use, as well as SmartCare, a mHealth…

Private Markets

Initial State

Initial State is an Internet of Things (IoT) data analytics & data management platform company. We turn sensor and event data into information that matters by making it easy to…


Our mission is to be the best place for people who care about music to create and discover thoughtfully curated playlists. In essence, 8tracks is a platform for online mixtapes.