Subsiding?

While not particularly encouraging overall, selling pressure may be easing up a little on select stocks. DNS +43, -7, +4.

Watchlist stocks with 5% gains or more for the last two weeks: EGHT TEO LULU OMG FTO & CVI. Up 5% or more for the week adds VDSI TMI LOCM HNR HAYB JKS UA HCP TRLG YGE and TAL.

Trades: none. My call spread for JKS expired ITM so I'll have so sell the called shares to close out that trade.

The value-sales portfolio lost ground again this week, closing at +28.7%.

Value-sales port, +28.7%

Reversal alerts: (66).

Those with estimated 50% yearly earnings growth over the next two quarters are: LFL ANR PCLN VRSN RVBD and ATHN (all hlr signals).

Most stocks that are alerting have been under intense selling pressure and any abatement of that will trigger a reversal signal. However, it is quite likely that selling could resume or intensify. Almost every stock is a reversal candidate now.