Photographer: Michael Nagle/Bloomberg
The S&P 500 has carried on to the upside as projected. Sentiment, the breakout from a triangle, and cycles point to higher prices into April. The following stock selections are derived from the relative strength, cycles, and high cash flow screens.
Analog Devices
Analog Devices Monthly Histogram
This is the strong season for this stock.
Red: Percentage of months in which price rose
Blue: Percentage price change
Green: Expected return (product of the first two)
Analog Devices Monthly Graph
Relative strength has hit a new high and price is due to follow.
Netflix has appreciated in price 85% of the time from January 21st to April 17th over the last 20 years as depicted by the green line in the chart below. This stock is ranked number four in the NASDAQ
Netflix Average Annual Price Change
Note the high-probability period of strength.
Netflix
This is a picture of technical strength.
Source: https://www.forbes.com/sites/greatspeculations/2023/01/29/stocks-this-week-buy-analog-devices-and-netflix/