The Closing Print live trading and financial blog during market hours.

The stock market scan we ran last night found a few interesting candidates worth considering. In all cases, the stocks herein closed “above the previous high of the day” and each exhibited “new trend starting” characteristics, by utilizing the Wilder ADX indicator as a filter.

Market Scan Candidate – ATVI

Activision Blizzard (ATVI) had its first bullish day after buyers showed up on Thursday and Friday. The moving averages confirmed support as relative strength (RSI) began to rise. MACD is indicating that the bulls have the momentum for the next leg race back to the 50~52 pivot zone. This is where bagholders were caught by surprise.

A move above 48.50 (AOI) resistance should excite more buying.

Note ADX moved above 20 ~ 25, the threshold for “new trend developing” while ADX green is above ADX red with both moving in opposite directions. Volume started to increase on Monday.

These are the candidates on the STOCK MARKET scan; add to watchlist.


ES futures 2872.88 (+2.38) are modestly higher this morning, with SPY trading 286.12 (+0.28) in the early session. Bitcoin is up +13%.

Construction Stocks – Stock Market Scan

Mikey and I were talking about construction stocks this morning. Note many stocks in this industry group are exhibiting relative strength.

Quanta Services (PWR) is one of these construction industry candidates highlighted by @heartpumper. Note ADX.

Watchlist: make sure stocks are closing above the previous high of the day.

Join us today in the trading room for our LIVESTREAM broadcast during market hours, as we trade NVDA and other new positions. Watch, listen and trade from 9:20 AM to 4:15 PM Monday through Friday.

Happy Trading,


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Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional investment advisor in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. Trades and or positions listed and taken from the watchlist are my own and should not be considered “advise” to enter any particular position or asset.

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We would like to draw your attention to the following important investment warnings. The value of shares and investments and the income derived from them can go down as well as up; Investors may not get back the amount they invested – losing one’s shirt is a real risk; past performance is not a guide to future performance.

Live Sessions

Live broadcasts are educational in their content. Proper risk management is considered on every trade or asset mentioned. 

*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. 

As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends.

These mentions are stocks that we may or may not decide to trade as outlined in the watchlist. Always use a stop.