ChartLabPro.com has compiled a list of the 10 S&P 500
(INDEXSP:.INX) names that have most rapidly moved to the upside. These names were most recently rated a Hold and have either moved to a Buy (4 Rating) or a Strong Buy (5 Rating). Ratings are based on quantitative calculations and are proprietary. The average duration of these names on the list is two days.
Below, we have also provided the chart for Netflix
(NASDAQ:NFLX). This company has been the subject of much discussion as a result of Carl Icahn buying a 9.98% stake in the company. NFLX adopted a poison pill that kicks in if an investor acquires 10% or more of Netflix's shares, or a 20% stake in the case of institutional investors.
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To learn more about ChartLabPro's algorithm visit www.chartlabpro.com.
No positions in stocks mentioned.
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