February 2016 USA market view

//February 2016 USA market view

Fig. 1 – Daily Candlestick chart of ELMD. It went up 183% from US$1.72 to $4.87.

STOCKS. The best three stocks in the 1-month category are ELMD @ 183%, HMY @ 82% and SBGL @ 62%.

A stock trading on NYSE MKT, ELMD belongs to the Healthcare sector, Medical Appliances & Equipment industry. With 94 employees, this company based in Minnesota, USA designs, develops, manufactures, markets, and sells airway clearance therapy products in USA and internationally.

The stock price went up because the company’s financials were good, the earnings analysis was promising and because a new president of sales has been appointed.

Three stocks with the biggest 1-month decline are HTBX @ –59%, LGCYP @ –63% and GBIM @ –65%.

The top three stocks in the YTD category are HMY @ 250%, ELMD @ 156% and SBGL @ 135%.

The top three stocks in the 3-month category are HMY @ 482%, STRP @ 191% and SBGL @ 176%.

In the 12-month category, the best three stocks are LINDW @ 520%, AVXL @ 488% and IGLD @ 232%.

In the “All time Highs” category the best three stocks are ELMD, SBGL and EDIT.

SECTORS. 89 industry sectors out of 182 are in green territory, a sharp increase from last month.

The top three winners are ETFs – Non-Taxable Bonds, Utility – Gas Distribution, and ETFs – Gas Distribution.

The bottom three sectors are Medical – Outpatient & Home Care, Consulting and Building Products Retail Wholesale.

MUTUAL FUNDS. The top performers this month are three of the Federated Prudent Bear Funds @ 880%, two of the Profunds Precious Metals Ultra Sector funds @ 56% and three of the Rydex Series Fds Precious Metals funds @ 37%.

EXCHANGE TRADED FUNDS. The best three ETFs this month are Direxion Daily Natural Gas @ 44%, Global Gold Miners MSCI Ishares @ 38% and Alps ETF Trust Sprott Junior @ 37%.

FUTURES. The top contracts are: (Currencies) Japanese Yen @ 6.93%, (Energies) ULSD NY Harbor @ 5.09%, (Financials) Ultra T-bond @ 3.39%, (Grains) Soybean Oil @ 0.32%, (Indices) E-mini S&P Midcap @ 2.58%, (Meats) Live Cattle @ 2.22%, (Metals) Gold @ 10% and (Softs) Sugar @ 12%.

INDEXES. The best three indexes are S&P Materials @ 7.31%, DOW Transportation @ 6.35% and S&P GSCI Index @ 4.07%.

DOW Jones Industrial Average finished up @ 0.30% this month.

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Relevant in February were titles like: BofA: The Oil Crash Is Kicking Off One of the Largest Wealth Transfers In Human History”, “Oil could hit $85 by year’s end: Analyst”, “Fed’s Dudley warns conditions are tightening”, “Citi: World economy trapped in ‘death spiral'”, “Hedge funds post worst start to year since 2008 -HFR”, “Guggenheim’s $240 Billion Man Says Nasdaq to Tumble Below 3,800”, “The economy and the stock market have already voted for the next president”, “David Stockman: Markets Going to Be Mauled by Bear (Feb. 10)”, “What’s behind the global stock market selloff?”, “US consumers can’t save the world economy”, “Gold is about to soar: Trader (Feb. 21)”, “Two more signs a recession could be coming”, “It is going from bad to worse on Wall Street”, “The 16-year bear market coming to an end: Investor”, ”Indicator has a big warning for the market”, “Buying stocks on oil strength is a mistake: NYSE trader”, “It’s not going to get better for the rest of the year: Portfolio manager“, “S&P 500 slides below closely watched threshold”, “Technicals point to a utilities rally“, “Gold now targeting $1,450: Technician“, which are self-explanatory.

E&OE.

Predictions are underlined for future verification.

John Craciun snapshot

by John Craciun
www.GainTraders.com

2016-10-16T18:53:54+00:00 March 1st, 2016|Categories: John Craciun Analysis|0 Comments

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