Used with permission.
A stout stock market
Posted: 20 Aug 2012
The cup bases formed by the stock averages have historically been one of the most bullish things a market can do. Nothing is infallible, but this pattern, together with perky action in some of the speculative growth-stock glamours, augurs for richer quotations over the intermediate-term.
The risks are a Mideast flare-up and Europe. Too, the month of September has been notorious for volatile and often-negative action.
For the trader using an intermediate timeframe, there are not a lot of momentum names that are at attractive entry points. Apple came out of a classic base as expected, but beyond a few others like this, there is not a lot to choose from in the way of growth stocks setting up. Acadia Healthcare is one, and that is discussed herein . . . . To continue reading, please click here.
Fund Prices2024-04-15
| Fund | Price | Day | YTD |
| G | $18.18 | 0.04% | 1.23% |
| F | $18.64 | -0.61% | -3.02% |
| C | $79.24 | -1.20% | 6.56% |
| S | $77.27 | -1.66% | 0.23% |
| I | $41.14 | -0.29% | 2.38% |
| L2065 | $15.75 | -0.94% | 4.19% |
| L2060 | $15.75 | -0.94% | 4.19% |
| L2055 | $15.76 | -0.94% | 4.19% |
| L2050 | $31.64 | -0.81% | 3.38% |
| L2045 | $14.44 | -0.76% | 3.24% |
| L2040 | $52.80 | -0.71% | 3.11% |
| L2035 | $13.96 | -0.65% | 2.96% |
| L2030 | $46.52 | -0.59% | 2.83% |
| L2025 | $12.97 | -0.32% | 2.08% |
| Linc | $25.35 | -0.25% | 1.78% |