Kaltbaum Report
After today, I am expecting a bounce of some sort. It is not to buy but to short into as it moves up. It is not 100% surety but would be normal.
My leaders list has shrunk…but in an effort to keep you apprised of the best names…just in case the market turns, here you go:
MNST probably #1 stock..as it cannot even break the 21 day average.
SHW and ROST right behind.
The following names have pulled into the 50 day: amzn,bbby,crus,dds,dltr,ebay,swi,tjx,ua,wfm.
EXPE and TRIP remain very strong…same business.
AAPL remains on list just because…seems to be tracing out a new base…but still below the 50 day.
If the market turned up, the leaders will come from this list as the market can hardly send these names down. But beware…further legs down will take some of these names down also.