Buy PayPal And Idexx Labs

The S&P is at 4180 currently in the range projected from the last breakout, 4100 to 4300. Price is in the topping range and May is seasonally weak. The April-May EOM period of strength runs from April 29^th through May 6^th. The bottom line is that the short-term cycles are likely to support a higher S&P into May 6^th. After that period, the risk increases, and the US indices will be more vulnerable. There are highs in the cycles, daily on May 12 (70% accurate) and weekly on May 9 (50% accurate). The 29^th is likely a high.

The PayPal
PYPL
daily cycle hits a low on the 28^th, and tops on May 5^th. All eleven buy signals have made money in the last year. April and May have been the two strongest months in which to hold the stock, up 80% and 70% of the time based upon a short history. The last week in April has been one of the strongest intervals in this bullish month. The shares could reach $280-$285 or higher.

Chart 1: PayPal Daily Cycle

Chart 2: PayPal Daily Graph 

The daily cycle hits a low and has been correct in all thirteen cases in the last year. The cycle tops on May 12^th. April-May has been a strong period for the stock, especially in the first week of May. The $575-$600 area is a reasonable objective.

Chart 3: -Idexx Daily Cycle

Chart 4: -Idexx Daily Graph