LIQUID MOMENTUM | Updated: 06-Sep-13 (charts not included here)
Designed for swing traders, Liquid Momentum features daily set-ups for names in our proprietary Focus List of the 50 strongest, most liquid stocks in the market today.
Focus List for the Week of Sept 9, 2013... QCOM, CTSH, LRCX, REGN, UTHR, YNDX
Liquid Momentum is Briefing.com's proprietary Focus List for up to 50 of the most liquid, high Relative Strength stocks in the market that are ideal for Day and Swing trading candidates.
In this report we update the Focus List for the Week of Sept 9, 2013
Technically, the Dow, S&P and Russell Small Caps have been battling their respective 50-day ma's as resistance, while the Nasdaq holds up along its August range highs.
Our Focus List is designed to seek out the strongest stocks from both a Fundamental and Technical standpoint, however, even during bear cycles or corrective phases, they can become very susceptible to corrections as well. Be especially careful with those names that have ran significantly higher the last few weeks and are extended well above key moving averages. Also be cautious with those leaders breaking below their 50-day ma's and are struggling to recoup/bounce as they could be setting up for another leg lower.
Traders interested in us providing our technical viewpoint on any of these particular Focus List names, feel free to send a request to the email provided below.
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New to the service or have a specific question regarding Liquid Momentum? Please see our User's Guide for an overview of the system as well as answers to commonly asked questions. You can also write feedback to us by emailing liquidmomentum@briefing.com.
QCOM - Joins out Focus List as price stages a breakout above 2-year range highs along the 66/67 area.
CTSH - Choppy action over the last 2-years, this Information Technology Service stock has been "on and off" our Focus List at times. Can it stay on it this time around? Keep watch along multi-month resistance around the 80/82 vicinity for a potential breakout into New High groun.
LRCX - This Semis/Electronic Equipment producer joins out Focus List. Price action shows it has been trending higher this year and finding support on pullbacks above its late-2011/2012 highs around the 45 vicinity. If the trend continues, the 2011 highs near 57 can be obtained.
REGN - A high-flying Pharmaceutical name that's been carving out an Ascending Triangle pattern over the last couple of months. As long as the current uptrend remains intact, investors can anticipate a breakout into high ground over 280.
UTHR - A newcomer to our Focus List, this Pharmaceutical appears to be in the midst of a Pullback in its strong multi-month uptrend. Note the 2011 highs acting as support.
YNDX - Ranked #4 this week, this Internet Software/Services stock continues to show strong relative strength as it nears its IPO range/highs from 2011. As long as price can maintain its bigger picture bias above the 27/29 area, it carries the potential for a breakout into New High ground over $40.
With equity markets always in motion and leadership rotating from one group to another, this list is designed to help active Day and Swing traders stay on top of the highest-quality trading names. It is generated from a proprietary algorithm that places heavy emphasis on superior Relative Strength versus the All Stocks universe, high Average True Range (ATR) values, and high Average Daily Volume, among other data points. An updated list is published each Monday, along with charts and commentary throughout the week highlighting the most compelling set-ups and patterns.
*For an un-formatted list of Liquid Momentum tickers to import into your software, click here.\\
ADDITIONS: APO, BIIB, CRI, CRM, CTSH, LRCX, MGA, PFG, QCOM, REGN, UTHR, VC, WFM
DELETIONS: BBBY, CBST, CTXS, DLTR, GILD, ICE, ILMN, JEC, MELI, MNST, PKG, PPC
Liquid Momentum Rankings: Week of September 9, 2013
Rank Ticker Recent Price Industry RS Rank Growth Rank ATR ATR/ Price Float (mln) Short Interest Avg Daily Vol (mln) Report Date (Estimated)
1 LNKD $251.01 Internet Software/Services 98 95 6.98 3% 93 3% 1.931 11/07/2013
2 QCOR $67.19 Biotechnology 100 86 2.65 4% 43 20% 1.651 10/31/2013
3 KORS $75.73 Apparel/Footwear 94 88 1.38 2% 59 3% 3.486 11/12/2013
4 YNDX $34.10 Internet Software/Services 95 83 1.06 3% 205 2% 2.404 10/31/2013
5 NTES $72.71 Internet Software/Services 93 76 2.92 4% 72 -- 0.688 11/20/2013
6 FB $43.68 Internet Software/Services 100 85 1.13 3% 1,664 2% 60.582 10/22/2013
7 GMCR $83.81 Food: Specialty/Candy 93 87 3.54 4% 85 26% 4.101 11/14/2013
8 UA $77.25 Apparel/Footwear 97 98 1.71 2% 73 11% 1.158 10/29/2013
9 NUS $87.16 Household/Personal Care 99 77 2.41 3% 48 3% 1.044 10/31/2013
10 SPLK $56.74 Information Technology Services 96 53 1.63 3% 101 5% 1.155 11/28/2013
11 MA $635.21 Finance/Rental/Leasing 80 71 9.51 1% 108 2% 0.674 10/30/2013
12 ALXN $111.12 Biotechnology 79 86 2.74 2% 172 1% 1.465 10/24/2013
13 TRIP $74.15 Other Consumer Services 94 74 2.05 3% 99 16% 1.729 10/31/2013
14 CTSH $77.31 Information Technology Services 79 69 1.47 2% 300 2% 2.480 11/06/2013
15 PCLN $959.85 Other Consumer Services 91 70 13.00 1% 51 5% 0.636 11/11/2013
16 REGN $266.88 Biotechnology 87 97 7.96 3% 62 4% 0.692 11/05/2013
17 MGA $80.91 Auto Parts: OEM 93 69 1.56 2% 227 1% 0.580 11/07/2013
18 PII $112.39 Recreational Products 88 63 2.05 2% 67 9% 0.654 10/17/2013
19 FLT $102.67 Miscellaneous Commercial Services 94 79 3.16 3% 54 1% 0.608 11/07/2013
20 VMW $85.26 Information Technology Services 82 64 1.75 2% 78 12% 1.961 10/22/2013
21 JAZZ $87.28 Pharmaceuticals: Other 98 74 2.16 2% 53 4% 0.791 11/07/2013
22 SBUX $72.04 Restaurants 80 75 1.14 2% 729 1% 4.052 11/01/2013
23 UTHR $73.52 Pharmaceuticals: Other 78 63 1.91 3% 39 15% 0.502 10/31/2013
24 CBOE $45.11 Investment Banks/Brokers 66 71 1.00 2% 87 3% 0.689 11/07/2013
25 CELG $145.98 Biotechnology 88 72 3.93 3% 411 1% 2.429 10/24/2013
26 ALKS $32.90 Biotechnology 82 98 0.91 3% 81 2% 1.284 02/06/2014
27 APO $26.58 Investment Managers 64 100 0.82 3% 59 1% 0.911 11/08/2013
28 AKAM $47.63 Internet Software/Services 82 53 0.81 2% 152 8% 1.602 10/30/2013
29 PFG $41.91 Financial Conglomerates 79 73 0.82 2% 291 2% 1.403 10/24/2013
30 DDD $52.68 Electronic Equipment/Instruments 95 62 2.16 4% 92 29% 3.632 10/31/2013
31 BIIB $227.09 Biotechnology 70 73 5.32 2% 214 1% 1.196 10/22/2013
32 VC $73.46 Auto Parts: OEM 89 89 1.54 2% 49 2% 0.525 10/29/2013
33 ROST $69.24 Apparel/Footwear Retail 70 68 1.44 2% 185 1% 1.434 11/21/2013
34 HLF $63.74 Food Distributors 98 75 2.56 4% 68 31% 3.371 11/04/2013
35 CRI $73.82 Apparel/Footwear Retail 74 71 1.33 2% 52 3% 0.529 10/22/2013
36 MCRS $49.45 Information Technology Services 76 30 1.16 2% 76 17% 0.567 10/31/2013
37 FFIV $87.34 Computer Communications 71 29 2.06 2% 76 6% 1.727 10/23/2013
38 LEA $71.04 Auto Parts: OEM 89 69 1.29 2% 80 6% 0.937 11/05/2013
39 COF $65.07 Finance/Rental/Leasing 63 98 1.09 2% 574 2% 2.575 10/17/2013
40 QCOM $68.15 Telecommunications Equipment 64 69 0.84 1% 1,712 1% 12.288 11/06/2013
41 FOSL $113.42 Other Consumer Specialties 69 66 2.71 2% 30 6% 0.750 11/12/2013
42 TJX $54.05 Apparel/Footwear Retail 71 65 0.96 2% 632 1% 2.947 11/19/2013
43 ORLY $122.98 Specialty Stores 75 80 1.89 2% 105 5% 0.608 10/30/2013
44 LRCX $49.42 Electronic Production Equipment 70 77 1.11 2% 162 5% 1.740 10/23/2013
45 WFM $54.20 Food Retail 73 68 0.89 2% 371 2% 2.377 11/06/2013
46 OCN $53.48 Finance/Rental/Leasing 96 80 1.58 3% 108 3% 1.691 11/07/2013
47 LKQ $29.69 Automotive Aftermarket 92 74 0.73 2% 295 1% 1.243 10/31/2013
48 VIAB $80.68 Media Conglomerates 89 78 1.68 2% 428 1% 2.798 02/13/2014
49 CRM $48.99 Packaged Software 88 44 1.30 3% 465 11% 5.144 11/21/2013
50 DLPH $57.04 Auto Parts: OEM 88 70 1.22 2% 308 2% 1.692 10/31/2013
Senior Analyst and Developer of the Liquid Momentum system: Jim Busch
Lead Technical Analyst: Scott Smith, CMT
