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Monday
Feb142011

Double-Digit Winning Streaks

While the Dow recently ended an 8-day winning streak, some individual stocks have kept their streaks of consecutive up days going.  There are now 8 stocks in the Russell 1,000 that are currently on double-digit winning streaks.  Below we highlight these stocks along with how far they are trading above their 50-day moving averages as well. 

As shown, 6 of the 8 stocks are on 11-day winning streaks, while United Tech (UTX) and Amazon.com (AMZN) are on 10-day winning streaks.  Weight Watchers (WTW), Juniper (JNPR), and Cadence Designs (CDNS) are the three stocks listed that are the farthest above their 50-days.  Surely these stocks are "due" for a down day or two, right?  Who knows in this market. 

 

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