EBAY and AOS – Timely Growth and Cyclical Buy ideas

More evidence of cyclicals bottoming intermediate-term - Weekly momentum indicators are a useful technical tool to identify potential turning points in markets and stocks over a 1-2 quarter time frame. In general, I see the equity market shifting from offense, or risk on, to defense, or risk off, one to two times per year. Last week, I discussed our proprietary weekly momentary indicator, that tracks the percentage of stocks with rising weekly momentum for S&P 500 stocks, as beginning to bo...

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