Looking for the Next Market Leaders
Thursday's market session, with its gyrating action, was different from recent downdrafts. Even when the indices were higher, my growth screens didn't look so hot, with many bull market leaders of the past two-and-a-half years under intense pressure.
Weak price action in names like Priceline (PCLN), Green Mountain Coffee Roasters (GMCR) and Fossil (FOSL) raised yellow flags. Other bull market leaders, including Amazon (AAPL), Apple (AAPL), Ralph Lauren (RL) and Under Armour (UA), held above their 50-day moving averages but looked vulnerable....416 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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