"All human activities have three distinctive features: pattern, time and ratio - all of which observe the Fibonacci Summation Series" (R.N. Elliott - "Nature's Law - the Secret of the Universe" - 1946)


Friday, August 23, 2013

BRIEF STOCK MARKET UPDATE

Unfortunately I am out of the office and I can not post charts but in the very short term downward move of minute degree doesn't seems completed and it appears like a five wave pattern (that clouds my Elliott wave counts).

Yesterday I bought FLT (great breakout) and now my U.S. stock portfolio is: GMCR, FLT, VRX, SLM

Other interesting leading stocks are: QCOR, ACT, FB, LNKD, DDD, TSLA.

I'm happy to see that today, in their Pre-Market Pulse, two market wizards like Kris Kacher and Gil Morales include almost all these stocks (except SLM and ACT) in their idea buy list.
 
A new charts update in the weekend.
 
Have a great trading day...with care!

ElwaveSurfer

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