Another slow trading day in the market. Neither Bulls nor Bears made their case – price action was flat to lower. eStockPicks system generated 6 stock picks:
4 Wins: PHM, ANF, LL, ARMK
1 Break Even: SCCO
1 Loss: DHI
It appears the breakout from last few days trading range will be hard in either direction.
Here are some charts with stock picks and entry signal:
Stock Pick: PHM Type: Long Price: $21.93
Stock Pick: ANF Type: Short Price: $18.36
Stock Pick: LL Type: Long Price: $14.72
Stock Pick: ARMK Type: Long Price: $32.99
In the past there use to more stock picks but lately it’s been like 5 to 6 alerts. Has something changed?
The market has been slow for the last few days. You will see the drop in the daily index volume suggesting lower participation by big institutions. This is normal for the summer days. Our alert system makes adjustments according to market conditions and generates the high probability trades only.