Monday's review

Lacking any economic catalysts to begin the week stocks started the day off gapping higher. Volume tracked lower for much of the day indicating institutional players were sitting on the sidelines staying away from the action. It appeared the action was driven by short-sellers covering their positions. It was certainly disappointing to see volume come in lower on such a large percentage move on the indexes. At this point, a day with gains is nice but at some point we need accumulation to support this uptrend.
For my surprie, Ford was one of the weakest stocks in today's market. It closed only with +0.18% gain and traded for a long time in minus day during a day. Hmmm.. If u can explain this, write in the comments please.
My other pick to look for today was COT. I suposed that this stocks is much stronger then market. And really, we saw +8.31% gain but we didnt see good patterns to enter.
HEB - its really my winner. Gained +48%. Still waiting announcement about their drug which is expected this week.
VNDA - was another big gainer but we didnt see trading it @10$ region, so we didnt enter long on it.
Today i made a mistake with MGM. News was focused today on this stock. I entered @8.5 range breakout (for long position) but this breakout was false and MGM traded in downside range with small angle. Only after lunch it began to go with market and closed for +13.95%. Sounds horriblle but i didnt estimate, when i was enetering a position, that news about JP morgan upgrade, Kerkorian purchase all in market already. Stock gained for that moment 10% already. Even strong market couldnt to push it higher for a long time.
Today world perceived very good the victory of N party on elections in India. If i now mistaken Indian Stock Index gained nearly 20%. We have intersting situatin in Indian bank which trading on NYSE - IBN . No question that this was very tasty short on 30$ breakout. But even on weak market this level hold good. I waited for 30$ breakout to enter short and after lunch of it entered it and we could close this position on 29.29 in last minutes of market. But why we didnt do this thing during trading day. Why we did not buy at 30$ and sell at 30.5 region? We could profit doing this many times today.

We would have no troubles today with this powerfull up trend if we would just to listen to this expirience man on twitter - TraderFeed or to his indicators. Even looking to a simple tick we could made nice daytrading profit. Tick always indicated uptrend today. And today's moving up was confirmed good with sectors, indexes.

Stock list for Friday

In future i will try have time to write this picks with explenation like before.
TraderFeed's levels here his blog
steenbab6:55 AM CT - $SPY targets: Pivot=89.38; R1=90.59; R2=90.99; R3=91.40; S1=88.16; S2=87.76; S3=87.35. Trading below pivot. $$

Take trade ideas from this place. They are really good.

Pennystocks
Potentional short
VNDA - 11$breakout
TEN - 5$ level
AGM - 6$ level
Potentional longs
ETC - above 2$ lvl (were miss key)
COT - 4.84$ high breakout.
FMAR - 1.5$ lvl if we will see monic panic.
CKEC - 8$ lvl
LAD - 5.25$ lvl
Other
Potentional Longs
HIG - havent nice level for entering yet.
USB - 18$ level
BCS - 16.5$ level
BAC - 11.5$ area.
Potentional Shorts
TX - 14.5$ level
CCE - 16.8 level
BK - 27.5$ level

Wednesday's stock list

*now i am using InvesterTech.com as a screener, coz dont filter for me stocks that have large gains/drop not on the last day period.. bug or what? doesnt matter.. using investertech now
IRF - company which announces bad q1 earning at 7May after market close. Now trading in range 13-14$. 13 or 14$ breakout of range. Trade with market confirmation.
DISH, CIEN, FITB, NCS - holding shorts from tuesday.
MNKD - This company had earnings on 4th May after market. Big sidemove and bearish pattern on D chart. Short 6$ breakout.
USB, BBT, COF - some of the weakest in financials.
F - will look for good enter point. Target 4$.
VNDA - we dont know is their new drug is so cool as stock perfomance. Look for potentional short.
BKUNA - news about acquireing company. Wait for real deal and look for news on this company.
TEN - stock from old list. Still have potentional to move to 5$ . Look to 6$ lvl.
CNO - 2.9$ breakout short. Reason of last grew - earnings.. so.. not very good pattern.