Stocks This Week: Buy AvalonBay Communities And Sell Short PPL Corporation

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The coming week is the month end period in November. Besides, there has been a lot of selling in the market after Friday’s drop. The market is likely to rise on December 3third, when the next fix is ​​about to start.

To select certain stocks for short-term trades, the following strategy is employed. The best performing stocks in the coming week with at least 20 years of price data are calculated and presented below. Stocks are ranked based on the percentage of the time period in which the stock grew. CME Group
CME
It’s up 77.8% of the time this week. The return has been 2.44% and the expected return (the product of the first two numbers) is 1.90%. The stock has been trading for 18 years.

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Best performing S&P 500 stocks since November 28th- until 5 Decemberth

From this list, stocks are examined by relative strength and dynamic cycles. The latter term refers to the most active cycles that are now generating profits.

Avalonbe Communities
avb
is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in major metropolitan areas. The stock is up 74.1% over the past 27 years in the coming week. Relative strength has been better. The share price is likely to move back towards $245.

chart 1

Looking at the other end of the spectrum, PPL Corporation
ppl
Weak stock. The PPL has declined by 74 per cent in the coming week. The period from December 3 to 11 has been even more bearish, with a fall of 86%. Relative power has lagged. The stock is a short sell candidate with a price target in the $27-$28 region.

chart 2

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