Ian Woodward's Investing Blog

Silverbacks – The only way to play for big short-term gains


I’m sure you recall this picture the last time I used it seven weeks ago.  Here is the proof with the performance today of that group being up 3.36% on a 100-share lot basis.  That should stiffen up your backbones of where the action is.  The Chemical Specialty group is White Hot and badly extended but the beat goes on with MOS, TRA and POT leading the way.  One of the earliest Wolf Packs I gave you when we were heading for a market top and Hindenburg Omens’ were firing every few days.   

Of course there are some new leaders, but they are in the same mold as these above and the filters I suggested in the earlier blog this evening is where you need to look.  Best regards, Ian.

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Disclaimer: Commentaries on this Blog are not to be construed as recommendations to buy or sell the market and/or specific securites. The consumer of the information is responsible for their own investment decisions.