Bull Scan for 11-22-19
- Posted by Greg Harmon
- on November 21st, 2019
The bullscan is derived from a combination of strong momentum, a good chart set up, and high short interest in midcap or larger stocks. It is intended to be used as a source for possible day trades, but some names continue to hold there for several days. I also use it as a way to gauge market strength and breadth, as well as sector rotation.
12 names on the bull scan for Friday including 3 each Services and Healthcare, and 2 each Consumer Goods and Tech names.
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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Gregory W. Harmon CMT, CFA, has traded since 1986 and held senior positions including Head of Global Trading, Head of Product Development, Head of Strategy and Director of Equity. (More)