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Vipshop Stock Shows Market Leadership; Earns 92 RS Rating

On Friday, Vipshop stock reached an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 90-plus percentile with an improvement to 92, up from 89 the day before. As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength. Vipshop stock retook its 200-day moving average, but is not currently offering a proper buying opportunity.

Don’t be duped by doomsayers, JPMorgan says — the S&P will rebound to 4,900. Here are 3 stocks it’s using to bet on a bounce

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