Superstock Investor
Member Login   RSS ->
James DiGeorgia, Mr. Macro
- Chief Editor -
Mr. Macro
Geoff Garbacz, Mr. Micro
- Chief Strategist -
Mr. Micro
Dan Hassey, Mr. Retirement
- Senior Stock Analyst -
Mr. Retirement
Superstock Investor


[Printable Version of This Page]

Morning Matters:

The Technicals On Assured Guaranty
by Geoff Garbacz

April 24, 2018

We will look at Assured Guaranty (AGO) and its technical and sentiment patterns.

From a sentiment standpoint, the stock is heavily shorted with an Erlanger Short Intensity of 89%. Historically, shorts make money when the short selling is heavy or above 80%. 55.6% when heavily shorted the short make an average of 9.10%. This occurs typically over 68 days. So far the short selling has been heavy for 123 days and the shorts have made only 0.36%.

Seasonally, the stock continues higher to May 14th before seeing weakness until June 28th. From there, the stock goes higher into year end. In terms of options activity, there is neither excessive put or call activity.

Technically, the stock has fallen from $45 to $35. Key to the stock's future is holding above $35. It remains below its 200 day moving average but is sitting on its 65 day moving average.

[Image 1]

Morning Matters Archives

FREE SERVICES

Morning Briefing

Get the information you need to make profitable decisions first thing in the morning. Access to the information is FREE, not knowing it could cost you a bundle!

SUBSCRIBER SERVICES

Superstock Investor Newsletter

Published once a month. Get the big picture, what happened last month and predictions for the month ahead.

Investors Edge

Take advantage of the knowledge provided by people who live to monitor the Stock Market. People like:

  • Phil Erlanger
  • Tom McClellian
  • Mohan
  • Geoff Garbacz
  • Steve Weintz

Get access to information from publications like:

  • The Kiplinger Letter
  • The Agile Trader
  • McClellan Market Report
  • Gold and Energy Options Trader
  • Mohan's Market Force

***

Not a Subscriber?

[Superstock Investor Newsletter]

Superstock Investor's goal is to provide subscribers a steady stream of original stock ideas with an emphasis on takeover candidates. These are companies that have flown onto our radar screens as potential takeover targets, or special situations with some catalyst promising to send their shares soaring. Continue..