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Wednesday, January 25, 2017

New signals for 01-25-2017 $KSS $VFC $BK $CELG $DG $DLTR

Hi everyone,

We have plenty of signal action for today with 2 new Buy signals and 4 new Sell signals

For starters, I posted on January 11th a Sell signal for VFC, let's have a look at what the stock did since then:



As you can see, VFC dropped up to 4.84% of its posted signal price in just 4 trading days!

Today the stock has recovered it (and hopefully so have you), and the stock was given a Buy signal (last price: $52.68).
Combined with last night's Buy signal for $M (Macy's) it seems as though the retail sector is experiencing a light rally. VFC looks ripe for outperformance with an attractive risk:reward of 2.24 (risk: 4.14% to $50.50; reward: 9.28% to $57.59).

An additional Buy signal was given to $KSS (last price: $40.26). I do not like this setup as it still could go lower.

Sell signals:

$BK (last price: $44.63) - has a long way to drop, looks pretty good for a short.

$CELG (last price: $112.45) - not great risk:reward here, would stay away for now.

$DG (last price: $71.75) - looks ripe for a short, nice risk:reward

$DLTR (last price: $76.88) - looks like a tight downward range, does not seem attractive to my eyes.

That's all the time I have for today, that table of signal performance is slowly, but surely, coming!

To see general results of the algorithm click here.
Check out my Essential Reading List here (I may receive some compensation if you purchase anything on Amazon following my links)

TK

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my About page for a full disclaimer.

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