How Leadership is Progressing

With the market following through on S&P500 on April 2, 2020 and a follow-on follow through day on April 6, 2020. We have put together a blog post highlighting the progress of some the leadership stocks the past week and showcasing our teams work.

The April 1 Top 10 Report highlighted: “Leading growth stocks finished yesterday’s session in considerably better shape than the general market, which is a positive sign.”

The April 8 Top 10 Report highlighted: “There are many fundamentally sound, leading growth stocks that have continued to hold up much better than the general market, which is considered a healthy and constructive sign.”

The April 13 Top 10 Report highlighted: “Looking at the action of the current leadership to be the most helpful. So far, many stocks with sound leadership characteristics have been making progress to the upside and reclaiming major areas of resistance. Until we see evidence that points to the contrary, we will operate on the basis that this action will continue moving forward from here and will eventually lift the major indexes as well.

What we just stated above is not a prediction. It is simply our interpretation of the market’s leadership at current levels. What happens in reality, may be the exact opposite. However, the idea is to be constantly managing risk and to always be prepared to deal with either scenario.”

Click the blue bars for details. 🙂

AMD (Progression from March 30 to April 14 +13.2% from $48.53 pivot)

First highlighted on March 30, 2020 Top 10 Report

April 1 Top 10 Report AMD pivot moved to $48.53 by Ross

April 8 Top 10 Report AMD moves through $48.53 on volume

April 13 Top 10 Report AMD remains near $48.53 pivot

April 13-14 AMD makes major progress through $48.53 pivot for a 13.2% gain

NFLX (Progression from March 30 to April 14 +10.9% from $372.93 pivot)

NFLX: First highlighted on March 30, 2020 Top 10 Report

NFLX: Secondary Pivot highlighted on April 13, 2020 Top 10 Report

NFLX: April 14 Update

AMZN (Progression from April 1 to April 14 +16.4% from $1957.00 pivot)

AMZN: First highlighted on April 1, 2020 Top 10 Report. Pivot $1957.00

AMZN: April 14 Update making major progress through highs

IPHI (Progression from April 1 to April 14 +17.4% from $79.86 pivot)

IPHI: First highlighted on April 1, 2020 Top 10 Report. Pivot $79.86

IPHI: April 14 Update making major progress making highs

LVGO (Progression from April 1 to April 14 +23.9% from $30.19 pivot)

LVGO: First highlighted on April 1, 2020 Top 10 Report. Pivot $30.19

LVGO: April 14 Update making progress +23.9% from pivot

XLRN (Progression from April 13 to April 14 +7.85% from $91.13 pivot)

XLRN: First highlighted on April 13, 2020 Top 10 Report. Pivot $91.13

XLRN: April 14 Update making new highs

Some examples from our @TLPrivate_ team

LVGO Swing Trade Plan (Progression from April 2 to April 14 +33.7% from $28.00 pivot)
Tracking the action on XLRN (Progression from April 13 to April 14 +7.85% from $91.13 pivot)
MASI Swing Trade Plan (Progression from April 1 to April 14 +5% from $184.00 pivot)
Tracking AMZN and NFLX on TLPrivate_
April 14, 2020