The Traderszone Network

Published in TZ Latest News 15 September, 2014 by The TZ Newswire Staff

IBD 50 Names Hold Gains, But Actionable Charts Scarce

Plenty of IBD 50 names are showing resilience and holding near highs. Damaged charts are the exception, not the rule. That’s the good news. The bad news is that new buys aren’t easy to find for growth investors looking to put new money to work. A mild follow-through day for the Nasdaq on Aug. 13 has worked so far, but distribution days are starting to crop up.

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