Select List #11 - August 27, 2022

Stocks Early In Breaking Out

Introduction

The Saturday Select List is the output of one of our favorite market screens. The Select List is generally companies that are exhibiting abnormal strength relative to the market and their industry grouping. These names generally have a higher probability of setting up for a move higher.

Furthermore, the Select List focuses more on newly issued stocks rather than names that have traded for decades, which commonly dominate the Monday and Thursday chart reviews.

Note: List is heavily populated by energy, utility and solar names.

Charts

COMPANY - INDUSTRY - MARKET CAP ($B)

HES - Hess Corporation - Oil & Gas E&P - $38.67B

EQT - EQT Corporation - Oil & Gas E&P - $18.58B