STEC - earnings after the market . Key level 10$.
CTRP - earnings after the market. Key level 33$. But this level is not clear , hard to trade.
ENER, SLW, WCG, DISH
- earnings before the market. No interesting pattern yet, but it can appear during trading day.
GRA - look to this 1h grew. This company was found not guilty to the poison crime. 12.20 breakout - short.
VNUS - this stock was heavigly bought on friday. Was added to Business Daily-100.
CATY - beautifull trendive stock. Buy after the high breakout.
LDSH - grew without news. Short this after sidemove.
PCR - on the highs made by earnings realesing. Will look to Monday's open price.
GHM - if i could i'll shorted it now :-) . Key lvl 14.5$ was broke. Look to MOnday's open price.
ESC - grew with no news. Look to this potentional short.
MGRC - trade range breakout after earnings realased. Better if it will breakout 23.5$ level to short.
BOOM - real boom!!! :-) look to this clear friday's trend! Maybe it will continue? :-)
IRF - earnings range. 13-14$. Trade breakout.
ASR - aeroport reported about passenger traffic down 2.1%. Is it big drop to move stock from 36$ to 31.5$?
Showing posts with label market condition. Show all posts
Showing posts with label market condition. Show all posts
Monday, May 11, 2009
Thursday, May 7, 2009
Pennystock list for 7th May
Potentional pennystock shorts for 7th May
APAC - leading provider of customer care service and solutions for market leaders in healthcare, business services, publishing, communications, etc. Strong earnings on Wednesday. Waiting for bearish technical pattern to short.
ARM - growth on strong earnings. Not very good pattern, but will see.
CTIC - today crowd was crazy about this stock. On StockTwits it was the most popular stock. A lot of speculative money are there. Closed at 1.27 after high @1.85. So not much potentional to go down.
DAN - to be honest, I dont know why this stock is growing up :-). Trading now at resistance region @1.95.
DTG - growth from 2 dollars to 5.45. Had earnings on 6th may. Waiting for bearish sidemove to short.
AHD - tuesday growth on earnings expectation, wednesday sidemove. Ready to short? Target - 2.5 region.
APAC - leading provider of customer care service and solutions for market leaders in healthcare, business services, publishing, communications, etc. Strong earnings on Wednesday. Waiting for bearish technical pattern to short.
ARM - growth on strong earnings. Not very good pattern, but will see.
CTIC - today crowd was crazy about this stock. On StockTwits it was the most popular stock. A lot of speculative money are there. Closed at 1.27 after high @1.85. So not much potentional to go down.
DAN - to be honest, I dont know why this stock is growing up :-). Trading now at resistance region @1.95.
DTG - growth from 2 dollars to 5.45. Had earnings on 6th may. Waiting for bearish sidemove to short.
AHD - tuesday growth on earnings expectation, wednesday sidemove. Ready to short? Target - 2.5 region.
Wednesday, May 6, 2009
Trading report. 6th May
Todays market was driven by news that US Banks need less refinance from the government due to stress test results. Other market's driver was better then expected data on ADP Non-Farm Employment Change. So S&P gained 1.7%, but ofcoz we had some good oportunities to short.
1st trade was with BGFV. This stock was on my stock list with comment "bearish pattern after big gain after earnings realased". Shorted not far from the market open @11.61. 1st target was support at 11$. I saw how BGFV was traded at 11$ and waited for breakout to add 1k shares more. Short one more 1k shares @10.94. After this i moved my stops to 11.10 and 11.15. Breakout was false, so i was stopped, but still had a profit. Knew that this stock had potentional to go more lower and reentered @10.98. Stop @11.20. So after position add, and reenter I closed all trades with BGFV with profit 80$.
2nd trade - DOW - this chemical gigant annonced about stock selling to refinance their debts.. So market had some negative mood on this stock and technical pattern was ok to short. I shorted @15.61 . I didnt wait for the range breakout, but know that with big big % of success it will be breakout to go lower. I expect that dow will fill gap 13.5 - 15.5 more actively, but market was strong, so i closed nearly 15$ dollars support at price - 15.15. So other 460$ for profit.
TXT - this wasnt my pick. I saw it on some internet page. This stock still trading in nice range. I shorted @11.57 nearly high board range. But for a petty my internet connection was broked for nearly 1 hour and i didnt see how TXT was traded at support and then we had a reverse. A petty, but a lose for this trade - 210$
4th trade for today - BAC . Opened with price gain at 11.76 due positive in bank sector and traded in range between this level and 12.00. I bought at breakout of 12.05 and still hold this position with profit 500$.
Today I had a problems with borrowing stocks on ThinkOrSwim, so I lost some good trade opportunities like AHD, CTIC.
Found nice site - http://stocktwits.com/ . Here we can see something like voice of crowd on individual stocks.
Day result - plus 820$
1st trade was with BGFV. This stock was on my stock list with comment "bearish pattern after big gain after earnings realased". Shorted not far from the market open @11.61. 1st target was support at 11$. I saw how BGFV was traded at 11$ and waited for breakout to add 1k shares more. Short one more 1k shares @10.94. After this i moved my stops to 11.10 and 11.15. Breakout was false, so i was stopped, but still had a profit. Knew that this stock had potentional to go more lower and reentered @10.98. Stop @11.20. So after position add, and reenter I closed all trades with BGFV with profit 80$.
2nd trade - DOW - this chemical gigant annonced about stock selling to refinance their debts.. So market had some negative mood on this stock and technical pattern was ok to short. I shorted @15.61 . I didnt wait for the range breakout, but know that with big big % of success it will be breakout to go lower. I expect that dow will fill gap 13.5 - 15.5 more actively, but market was strong, so i closed nearly 15$ dollars support at price - 15.15. So other 460$ for profit.
TXT - this wasnt my pick. I saw it on some internet page. This stock still trading in nice range. I shorted @11.57 nearly high board range. But for a petty my internet connection was broked for nearly 1 hour and i didnt see how TXT was traded at support and then we had a reverse. A petty, but a lose for this trade - 210$
4th trade for today - BAC . Opened with price gain at 11.76 due positive in bank sector and traded in range between this level and 12.00. I bought at breakout of 12.05 and still hold this position with profit 500$.
Today I had a problems with borrowing stocks on ThinkOrSwim, so I lost some good trade opportunities like AHD, CTIC.
Found nice site - http://stocktwits.com/ . Here we can see something like voice of crowd on individual stocks.
Day result - plus 820$
Tegs:
axp,
bac,
ctic,
dow,
market condition,
spx,
spy,
stock market,
trader,
trading,
trading report
Thursday, April 30, 2009
Stock list for 30 April
There selected stocks with good technical patters and explanation of "why" last move was.
WYN - big gain was due better then expected earnings, 29 april
MEE(energy) - good earnings, 29 april
STP - good earnings, 29 april
TWC - good earnings, 29 april
CPO(corn) - earnings, 28 april
PSYS -
DWA(multimedia) - more then doubles Q1 earnings estimate
TNB(industrial goods)
VFC
PNRA
SGR
GR
EQT
KDN
WYN - big gain was due better then expected earnings, 29 april
MEE(energy) - good earnings, 29 april
STP - good earnings, 29 april
TWC - good earnings, 29 april
CPO(corn) - earnings, 28 april
PSYS -
DWA(multimedia) - more then doubles Q1 earnings estimate
TNB(industrial goods)
VFC
PNRA
SGR
GR
EQT
KDN
Tegs:
investor,
market condition,
stock,
stock market,
trader,
trading,
trading idea
Tuesday, April 28, 2009
Overbought or Oversold. This is question
For identifieng overbought/oversold lvls we can use a complex of indicators
Tickers from StockCharts
$CPC (in esignal - $pce-st) - total put/call ratio . Contrarian indicator.
$BPNYA - Bullish Percent Index
Description
The Bullish Percent Index (BPI) is a popular market breadth indicator that is calculated by dividing the number of stocks in a given group (an exchange, an industry, etc.) that are currently trading with Point and Figure buy signals, by the total number of stocks in that group. Bullish Percent levels that are above 70% are considered overbought, whereas levels below 30% are considered oversold. Strong buy signals occur when the Bullish Percent Index falls below 30% and then reverses up by at least 6%. Conversely, promising sell signals occur when it goes above 70%, and then reverses down by at least 6%.
$NYMO - McClellan Oscillator
Description
Developed by Sherman and Marian McClellan, the McClellan Oscillator is a breadth indicator derived from each day's net advances, the number of advancing issues less the number of declining issues. Subtracting the 39-day exponential moving average from the 19-day exponential moving average of net advances forms the oscillator.
Buy and sell signals are generated as well as overbought and oversold readings. Usually, readings above +100 are considered overbought and below -100 oversold. Overbought and oversold readings may vary among indices and historical precedent. Buy signals are generated when the oscillator advances from oversold levels to positive territory. Sell signals are generated on declines from overbought to negative territory. Traders may also look for positive or negative divergences to time their trades. A series of rising troughs would denote strength, while a series of declining peaks weakness.
$RHNYA - High-Low Index
Descreption
The Record High Percent Index is a market breadth indicator created by dividing the number of 52-week highs for a given market by the sum of the number of new highs and the number of new lows.
Record High Percent = New Highs / (New Highs + New Lows)
The values range between 0.0 and 1.0. A value of 0.0 means that there were no new highs on that day. A value of 1.0 means that there were no new lows on that day. A value of 0.5 means that the number of new highs and new lows were equal.
Tickers from StockCharts
$CPC (in esignal - $pce-st) - total put/call ratio . Contrarian indicator.
$BPNYA - Bullish Percent Index
Description
The Bullish Percent Index (BPI) is a popular market breadth indicator that is calculated by dividing the number of stocks in a given group (an exchange, an industry, etc.) that are currently trading with Point and Figure buy signals, by the total number of stocks in that group. Bullish Percent levels that are above 70% are considered overbought, whereas levels below 30% are considered oversold. Strong buy signals occur when the Bullish Percent Index falls below 30% and then reverses up by at least 6%. Conversely, promising sell signals occur when it goes above 70%, and then reverses down by at least 6%.
$NYMO - McClellan Oscillator
Description
Developed by Sherman and Marian McClellan, the McClellan Oscillator is a breadth indicator derived from each day's net advances, the number of advancing issues less the number of declining issues. Subtracting the 39-day exponential moving average from the 19-day exponential moving average of net advances forms the oscillator.
Buy and sell signals are generated as well as overbought and oversold readings. Usually, readings above +100 are considered overbought and below -100 oversold. Overbought and oversold readings may vary among indices and historical precedent. Buy signals are generated when the oscillator advances from oversold levels to positive territory. Sell signals are generated on declines from overbought to negative territory. Traders may also look for positive or negative divergences to time their trades. A series of rising troughs would denote strength, while a series of declining peaks weakness.
$RHNYA - High-Low Index
Descreption
The Record High Percent Index is a market breadth indicator created by dividing the number of 52-week highs for a given market by the sum of the number of new highs and the number of new lows.
Record High Percent = New Highs / (New Highs + New Lows)
The values range between 0.0 and 1.0. A value of 0.0 means that there were no new highs on that day. A value of 1.0 means that there were no new lows on that day. A value of 0.5 means that the number of new highs and new lows were equal.
Tegs:
high,
low,
market condition,
option,
overbought,
oversold,
stock,
stock market
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