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IBD STAFF

IBD Live Q&A Summary, Stock Lists For Thursday, Oct. 26, 2023

Welcome to IBD Live! This list of FAQs and useful links will speed your learning curve.

The Ready List contains top stocks that meet our fundamental and technical screening criteria that are in or near actionable buy areas. However, IBD Live participants should analyze the chart action to determine the exact proper entries before buying.

QA Summary

Question Answer
GM everyone! Good Morning Darren!
GM from Cape Cod. Futures much better now. They reallly struck a nerve selling off META in after hours. The balance sheet and income statement was impressive and the EPS growth Phenominal. Good Morning Phil. Welcome to another great day of IBD Live!
Is there a way to see positioning of traders / commitment of traders (COT) charts on Marketsmith? Something that clearly shows where market participants have their money? Nothing like that on MarketSmith. There is a free video from Jason Shapiro on his Crowded Market Report. He was also on Justin's podcast: https://www.youtube.com/channel/UCP37ZqE3gN9Jxl2jtnvO8eA
I think I just hurt my back doing the twist! Ha . . . Happy Thursday to all . . . Happy Thursday, Peter!
Good morning everyone! Good morning Payam!
Good Morning everyone!!! Good Morning Lane!
Good Morning IBD Live. Good morning David!
Could you discuss why leveraged ETFs such as TQQQ are best used for short term and what is your definition of short term? Because they use futures and the effect of contango. Especially in sideways markets leveraged funds will not match the underlying index. The good thing is in rising markets TQQQ will deliver more than 3X.
Isn't the GDP number skewed because of high inflation? The 4.9% figure is "real" - inflation adjusted.
META actually had a number of price increases alongside decreases from analysts Yes, Truist, Citi, UBS, Roth and others raised. Baird, Evercore, Piper and others lowered.
DKNG short working well It has indeed been down on increased volume the last couple of days.
What were the panels stocks OLLI,EG,TNK
I am 100 percent cash now, but I feel the pull to get in. Does anyone else feel this way. Really test my discipline All the time!
FTI looking sweet…….for now I agree. Oil futures are below the 50-day, which gives me pause.
Hello Chris Gessell, Did I see you in the Phoenix airport on Saturday morning? Yes you did. I was heading home after the Founders Club weekend in Scottsdale. Wish I had time to go hiking.
UBER is in free fall today. So sad. What a great company. This market sucks! You're right. They perform a great service.
What do you think is the reason FFTY is down to 2016 low ? no other index is that low not even ARKK It's a thin market and growth is under pressure. The declining A/D line on the Nasdaq tells the story.
what is the ants indicator 20-25% increase in price of stock in 15-day period, volume increase of 20-25% during 15 day period, 12 out of 15 days up
remind us about "ANTS" ? live answered
remind us about "ANTS" ? Up 12 out of 15 days for at least a 20% gain and volume is also 20% higher during the move compared to the 50-day average.
oil shippers do contracts have a force majure clause - prices rise during war Tanker insurance policies typically do have clauses that kick in during war (and other things considered out of anyone's control, i.e. 'acts of god'), but they apply after a casualty has occurred. This is different from rates, which do react
to war in part because companies tend to re-route vessels away from risky or dangerous routes.
What does ANTS refer to please? Thanks. A sign of institutional buying: 20-25% increase in price of stock in 15-day period, volume increase of 20-25% during 15 day period, 12 out of 15 days up
Has Marketsmith implemented the ANTS indicator? It's in development.
Can you point me to any of the ANTs videos? A video explanation is available on IBD's YouTube page. If you type "David Ryan Ants" in Google it will also show up. Hope that helps.
Can you point me to any of the ANTs videos? https://www.investors.com/ibd-videos/videos/david-ryan-institutional-buying-hot-stocks-ants-indicator
Panel, please comment on $NTNX. Thanks. Great jump in EPS lately, sales growth is solid too. 9/9 on O'Neil's checklist!
YES, thanks. I am wondering how the ANTS is used, what it tells you and what signals are generated It was developed because David Ryan was interested in understanding which stocks moving higher would continue to move higher vs. which stocks would fizzle out. He found that this is a characteristic of winning stocks. There aren't any auto-generated
signals that show up in MarketSmith, unfortunately.
Chris, funny seeing you, it was an "..I know that guy moment ..." then I figured it out. I walked right by you in my pilot "costume". wish I had time to say HI! Next time!
Thank Chris, I have implemented it in java but have strugggled using it to generate signals. I'll be curious to see the implementation in MS Take a look at EXTR. That triggered the Ants on 6/14. I put it on my watchlist and bought it a week and half later when it reversed off the 21 day.
NVDA takes out Sept. lows. Yes. Curious to see if it can find support here or at the August lows.
AAPL 4% under the 40 week (at the moment) As others have said: nothing good happens below the 200-day.
MSFT filling yesterday's gap. Yes, it appears so, doesn't it.
The ANTS indicator looks for the following: Momentum - The stock is up at least 12 of the past 15 days. Volume - The volume has increased over the past 15 days by 20% to 25%. Thanks for the summary. I didn't want to throw the wrong information out.
IWM appears to be holding well today. So, does bode well for the broader markets to recover in due course of time? If that trend continues, maybe. But one day does not make a trend.
Is anyone into strangles? Good Q. Our options writers have not really written about this strategy this year. Many iron condor stories, though, Robert. https://www.investors.com/category/research/options/
Breakout alert on TW live answered
Wow TW looking great, Marketsmith now shows EPS updated 22% EPS Agreed!
I like Levi's 😊😺 Good clothes! Now, could the stock bottom out? ;-)
Will we return to bell bottoms? There are flare styles out there already, but I don't see that becoming the "dominant" style worn en masse
Nothing to buy, let's talk fashion LOL live answered
Boomer daddy loose-fitting jeans with white New Balance shoes! It's so funny the young women buying shoes literally called "dad shoes" — I haven't gotten into that trend yet! Haha
PI is up 30% live answered
About Justin's reference to Bill's 5 month confirmation for shorts, does KBR fit that bill? Yep that's on its way. One other component though is that Bill liked to short former winners. The big moves could lead to big falls. That is something missing for KBR.
SNOW breaking down... possible short? Not at this point; in July, when it tried to break out of a shabby, narrow base, then reversed below the 10-week line, that was likely a good short sale entry. We've written a lot of articles on the past on two key short entry points: 1) breaking
down from a late-stage base breakout, right when the stock falls 75 from the buy point, usually as it falls through the 50-day MA; and 2) the head and shoulders pattern, while it's still relatively close to its latest highs. Secondary
short sale entries arrive as a stock rebounds and tries to retake its falling or flatlining 10-week line and fails.
Does the ANTS indicator need to "trigger" near a buy point, or is it still valid if, for example, a buy signal occurs a month or two later, thx Often it only takes a couple weeks. Usually a pullback or a tight area offers an entry.
PLTR positive live answered
Don't go there, Ali. "Dad shoes" can't possibly look attractive :-) On the same page!
META on 1-minute chart trying to turn around. Fingers crossed. live answered
FUTU? Holding the 10-week line nicely. In IBD's Sector Leaders. https://research.investors.com/stock-lists/sector-leaders
TW jumped up Yes and in a major way!
GE has round tripped from earnings gap up. Good point. It will be interesting to see if the company's reorganization will continue to be positive for the stock or if it was just a sugar rush that created some short term benefits.
Nice analysis Arnie live answered
look at FTI and TW live answered
SMCI holding 99 RS Unfortunately the 3-month RS is 35; let's see how this base builds...
10 year - watching for a move below 4.905 - the big money is made when you catch people leaning the wrong way. live answered
ORLY Its back above the 200 day
If Arnie ever opens up a sidewalk newstand, no doubt he'll put the daily papers in the back and the magazines up front. WEEKLIES FIRST! Great line!
Gap Stores should be called Old Navy, that is it's biggest revenue driver. But sales across all it's 4 brands declined and they gave cautious guidance on an iffy consumer. Perhaps new CEO previously from Mattel is giving future hope or direction
for the company.
Good points Hassan!
review apple Support near 200-day line is very critical!
Chris where in Marketsmith can I screen for average true range pls…thanks It's the last entry under price and volume in the screening tool.
Take a look at FTI
TECHNIPFMC PLC COM live answered
Well done Rachel live answered
Thanks Chris, i also had EXTR triggerd on 6/14 along with AMBA, CCL. DFH, EXTR, FNGO, PSTG, SIMO. However, TNK was not triggered for me yesterday so i'll have to see why. It triggered on Wonda.
The drop in FICO is a little staggeing. Agreed, its down over 10% this week.
Thanks Justin! live answered
What are the little circles with dashes on the charts. Insider selling. Occasionaly you'll see a plus, which is insider buying.
Where can we find IBD educational videos? Here's a link to the newest video: https://www.investors.com/ibd-videos/videos/how-to-buy-stocks-trading-around-a-core-position
And the videos can be found on our video page under the How To Invest section
thanks, checking. I suspect it did not meet my average volume requirement. I use 25% requirement for volume over the 50D moving average. I think it's 20% for volume.
going to look at the Advance Decline line I would not have bet that advancers were beating decliners today.
who might I contact to find out about Cash Flow on MktSmth not showing on certain stocks.....another one - BRBR You can send an email to marketsmith@investors.com

 

Ready List

Symbol
ACGL
AVAV
CAH
CCJ
COR
CRS
CW
DHT
EG
EQT
FCNCA
FTI
INSW
KTOS
MNSO
PDD
PLTR
PR
PSN
RELY
RNR
RPD
TW
VRNS
VST
WFRD

 

Watch List

Symbol
ACGL
ACMR
ADBE
AFRM
AIR
AJG
AKAM
AMGN
ANF
APP
APPF
ARES
ARGX
AVAV
AVGO
AXON
BAH
BITO
BKR
BRZE
BSY
BWXT
CAH
CB
CBOE
CCJ
CDNS
CEG
CEIX
CHRD
CME
CNX
COIN
COOP
COP
COR
COST
COUR
CPRT
CRS
CRWD
CW
CWAN
CYBR
DASH
DBX
DECK
DELL
DEN
DHT
DKNG
DLO
DUOL
EDU
EG
ELF
EQT
ERIE
ESTC
ESTE
FANG
FAST
FCNCA
FICO
FLR
FN
FRO
FTI
FUTU
GE
GLOB
GOOGL
GPS
GSHD
HAL
HCC
HLX
HMC
HUBB
HURN
INSW
INTU
J
JBL
KEX
KNSL
KTOS
LBRT
LII
LKNCY
LLY
LNG
LNW
LPG
LPLA
LULU
MAR
MCK
META
MMYT
MNSO
MPC
MSFT
MSM
MTDR
NBIX
NOW
NTES
NTNX
NVDA
NVO
ODFL
OLLI
ORLY
OWL
PANW
PCAR
PCOR
PDD
PH
PLTR
PR
PSN
QLYS
RACE
REGN
RELY
RLI
RNR
RPD
SMCI
SNPS
STLA
STRL
TDG
TDW
TJX
TNK
TRGP
TS
TSLA
TTWO
TW
TXT
UBS
URNM
VIST
VRNS
VRRM
VRSK
VRT
VRTX
VST
WFRD
WWD
XPO
YELP
ZS

 

Top Mutual Funds For Stock Research

Institutional sponsorship is a key part of IBD's CAN SLIM methodology. Here's a list of top growth-style mutual funds that our team likes to see as holders of individual stocks we're researching.

Symbol Name
ALSAX ALGER SMALL CAP GROWTH A
ACRNX Columbia Acorn Inst
FCNTX Fidelity Contrafund
FMAGX Fidelity Magellan
FOCPX Fidelity OTC
FKGRX Franklin Growth A
OPOCX Invesco Oppenheimer Discovery
JDMAX JANUS HENDERSON ENTERPRISE A
JDCAX JANUS HENDERSON FORTY A
JACAX Janus Henderson VIT Forty Inst
LAGWX Lord Abbett Developing Growth
LGLAX Lord Abbett Growth Leaders A
MFEGX MFS Growth A
LGOAX Miller Opportunity A
POAGX PRIMECAP Odyssey Aggressive Growth
PRNHX T. Rowe Price New Horizons
VPCCX Vanguard PRIMECAP Core Inv
WGROX Wasatch Core Growth
WMICX Wasatch Micro Cap
SGRAX WELLS FARGO GROWTH A
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