Hello traders. This is every stock on the Leavitt Brothers trading list as of today’s open. Shorts dried up a few weeks ago, and longs started appearing. It’s been a good couple weeks. And this doesn’t include ideas that were put on our message board during the day by me or by LB members…or stocks […]
Category: Charts/Essays/Reports
Housing Stocks are Topping
The housing market is finally topping. High prices and high rates could coexist for only so long. Residential construction stocks are breaking down from tops and in most cases, are trading below down-sloping moving averages. Support companies, such as HD and LOW are heading south. Most building supplier stocks are trending down. And the net […]
Random Musings about the Current Market
The following were my opening comments in the Leavitt Brothers weekly report. Whatever the market’s ultimate plan is, all traders will be tested. No one will get a clear path to operate on. If the market ultimately goes up, there will be enough drops and enough sideways periods to cause doubt and discomfort among the […]
Lack of Big Up and Down Days are a Sign of a Strong Market
A point I’ve made dozens of times over the years is: The market moves up on low or declining volatility and down on high or increasing volatility. Volatility can be measured in several ways. Some use the VIX. There’s also meaning behind the put-call ratio. I prefer the average true range because it’s a simple […]
A Sampling of Our Recent Trade Ideas
The current period has been the best trading we’ve had since late 2021. There have been many great setups from volatile stocks that have posted big gains. Here is a sampling. You can’t trade them all. You really only need a couple good ones at a time.
Can Semiconductors Lead the Market Higher?
Semiconductor stocks have lagged. In fact, it’s probably the top reason the market hasn’t been able to bust out and run. But, partially thanks to AI, several are much improved. Here are the best-acting and most tradable stocks from the group. The market may not run up, but there’s enough strength here to put a […]
Update of Breadth Readings
Let’s do a quick update of several breadth readings. Less stocks were above their 5-day moving average on the most recent push higher than early-April high. Unlike last October, when the number of stocks at a 1-month high broke out of a base and followed through, we got no follow through on the most recent […]
The Internals Don’t Support a Move Higher
The market is doing moderately well. The S&P and Nas are near multimonth highs, and the Russell 2000 is basing. All are positioned to break out and attempt to run higher. But breadth is lagging. Participation lately has not kept up with the progress from the indexes. Let’s dig into the numbers. How many stocks […]
A Look at the World Indexes
Let’s take a look around the world. What’s leading? What’s lagging? What are the notable developments? A perspective I’m using is: In the US, the market topped in late 2021…bottomed in June and then in October 2022…and has generally been trending up since. With this in mind, we can note what’s outperforming and underperforming. Asia/Pacific […]
Summary of March Trade Ideas
Hello Traders and Investors, March was challenging, but we still got off numerous good trades. Paying attention to group strength and where money was flowing helped. Here are many of our trade ideas from the month. This is what we do at Leavitt Brothers – market analysis and trade ideas. How would your trading have gone […]