The Cycles Research stock screen identifies stocks that are strong both in terms of relative strength and in cycles. These equities are likely to be leaders in this 4th quarter rally. The NASDAQ
NDAQ
Intel
INTC
The stock is likely to reach the $45 level by yearend.
Intel Monthly Expected Return
Intel Daily
Intel Monthly Cycle
Cigna is ranked fourth in the S&P 500. In terms of expected return, November has been the strongest month of the year, up over 76% of the time with an average 4.9% gain. From October 27th through yearend, price has risen 78% of the time for a 7.2% gain. Technically the stock is strong. Note in the weekly graph the higher lows in momentum. This is one of the few big-cap stocks that has oversold monthly momentum. The stock appears to be headed to $350-$360.
Cigna Monthly Histogram
Cigna Daily, Weekly, Monthly
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