As the market breadth continues to climb, stocks on my nifty-fifty list that gave buy signals today for Thursday’s open are BBL, NAV, SKYW, BGFV, YRD, FNSR, MU.
Again, these are intended in my mind to be day trades to be opened on the open and closed on the close and all are for entertainment purposes only and not to be construed as market advice.
A cautionary note: the general market indexes are up 4 days in a row and 42 of the stocks on my nifty-fifty list are on buys (that’s a lot and often leads to a pullback in the general market within a day or two) and given today looked very much like a bear-capitulation day “sideways to down” can be expected at any moment.
If sideways or up, these particular stocks will likely run for at least a day. If down…not so good since most stocks move with the market.