GNC- Yet another continuation pocket pivot. We originally reported on GNC on its buyable gap up day of March 13, 2012. GNC is a specialty retailer in nutritional products. Overall rating 99.
PCLN- Continuation pocket pivot. Leading stock PCLN continues to lead in the current market environment. PCLN allows customers to bid on air travel, hotel rooms, and car rentals. Overall rating 99.
MA & V- Continuation pocket pivots. Credit card companies. Overall rating 98 for MA, 96 for V.
FOSL- Continuation pocket pivot. FOSL operates 398 retail stores as of 2011 with plans to open an additional 75 new stores in 2012. Its products include watches, belts, jewelry, handbags, and sunglasses. Institutional sponsorship has increased over last 5 quarters, earnings have accelerated, and overall rating 99.
MDM: We have logged six distribution days on the NASDAQ Composite over a 20 day rolling period. That said, the price/volume action of many leading stocks remains constructive. Since the model takes this into account, the model remains on a buy signal for now. Quantitative easing in all its forms seems to keep the market going, or at least prevents the market from having deeper corrections.
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
