Hello!
We’ve been searching for more names but with each weak opening we’ve seen this week ending on a bullish note, we’re wondering if we’re not on the cusp of good stuff with our already published bullish names from this week.
The official bullish idea, TOL, got knocked down even before we could discuss it on housing market news but it has held up and is inching closer to trying to take a bullish leap.
As for our bullish mentions, BBY finally started to do what we envisioned for it and DLTR and DG. They’re lagging behind BBY but they may finally be on the verge of doing something! LITE tried to do something earlier today but has since backed off. ALB is still stuck in the mud. At least 4 of the 6 are looking a little better. Now we need the SPX to power through resistance and hopefully all our names will follow suit.
More update material on the way when warranted!
Cordially,
Wayne