Select List #18 - November 19, 2022
Stocks Early In Breaking Out - Output from our favorite screen of stocks showing abnormal relative strength
The Select List is the output of one of our favorite market screens. It is comprised of 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 further move higher.
Furthermore, the Select List focuses more on newly issued stocks rather than names that have traded for decades, which commonly dominate the weekly post’s chart review.
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Charts
COMPANY - INDUSTRY - MARKET CAP ($B)
SCHW - The Charles Schwab Corporation - Capital Markets - $149.36B
SLB - Schlumberger Limited - Oil & Gas Equipment & Services - $73.40B
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