Category: watchlist
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Shorts Outnumber Longs on the Watchlist
My shorts list outnumbers my long list 3:1 right now. I am only considering longs that recently broke out on high volume (usually due to earnings), and have held the breakout point. WFR is a good example:
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Friday’s Breakouts
I am looking for orderly pullbacks in the following breakout stocks:
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6 Resilient Stocks to Trade on the Long Side
My last post laid out a game plan for trading in queezy markets, not unlike the one we are currently facing. Here are six stocks from my focus list that satisfy the third point, which tells us to monitor stocks that are doing well in the face of a strong…
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5 Sectors to Watch this Week
I will be watching the following sectors closely this week: Industrial Metals recently broke out to new highs and is now consolidating gains. I am looking for low volume weakness in the sector’s strongest stocks, which include FDG, BOOM and BBL.
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Watchlist and BIDU Position
I took a small position in BIDU on weakness this morning, buying 70 shares at an average price of $284.26. My initial target is the recent high at $300. Stocks I’m monitoring closely include: FCX, SLB, NOV, BHP, AEM, EWZ, DGIT, DWSN, NILE and TBSI.
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The Focus List Sorted by Float
Stocks with a low float (number of shares outstanding) have propensity to make explosive post breakout gains. For this reason, I like to sort my focus list by float and study these stocks very closely. Here are the stocks from my focus list with the lowest float:
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Focus List Charts
NOV is one of my favorite energy sector plays. If the first, weaker support line breaks down in the upper $130’s, the next buy point is at $125. I’d like to see the stock work off the overbought readings a bit. CROX looked like it might be ready to end…
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20 Stocks to Buy on the Dip
The following 20 stocks are at the top of this week’s watchlist. I plan to remain patient and only buy on dips close to support levels. JASO, LULU, DRYS, NILE, CF, FSLR, FCX, EXM, BHP, CMI, AGU, SINA, CTRP, PCU, EWZ, FDG, SID, LIFC, FLR AND CPHD.
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Revisiting Building A Better Watchlist
Ever since the “Beat the Market by Building a Better Watchlist” post, I’ve received a number of e-mails asking for more detail about how I build the watchlists that I post on the site. It takes a complex, organic process that takes many factors into account to narrow a list…
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Six Stocks to Buy on the Dip
Of the 100 stocks on my focus list, I’ve identified 40 that I like as buy the dip plays. Here are six of them:
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Beat the Market by Building a Better Watchlist
I attribute my modest success as a trader to preparation and building strong watch lists. Entering and exiting trades is the easy part. Most of my time and energy is focused on narrowing thousands of stocks down to a strong, manageable list of stocks that will beat the market. This…
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Market Notes, Primary Watchlist and Greenspan Rant
I’ve thought long and hard about how to play tomorrow’s Fed announcement. After much back and forth, I’ve decided to just hold onto my current positions and let the trades play out according to my original analysis. I feel protected by the fact that I have taken on smaller than…
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15 Stocks to Watch and the Short Watchlist
If you are still long on the market, these 15 stocks are a good place to start your quest for trading candidates. They are among the best performing stocks last week. A cursory glance tells me energy and gold are the places to be right now. As expected, I received…
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Trend-Pullback Watchlist
The following stocks are on my “trend-pullback” watchlist: Four featured charts:
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Trades and Watchlist
Trades (posted in comments this morning): I sold 500 FLR at $123.89 (entry at $120.20) for a $1845 gain (+3.4%). I bought 400 TOL at $21.11. I am short 400 shares NUE at $52.56. I bought 400 shares of SDS (2X short S&P 500) at $55.80. I will detail the…
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Two Stocks to Watch: FLR and HOC
It’s tough to guess which way the market will go this week, so I won’t make any big bets in either direction. While the bulls did a fine job in terms of price action, what we had was a “V-ish” move toward resistance on light volume. That’s not bullish. So…
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My Narrowed Focus List
With the market giving conflicting signals, I’ve substantially narrowed my primary watchlists. Here is my current list, exactly as it appears in my notes: Potential Longs:OMTR, NVDA, CMG, UA, NOV, GMCR, BCSI, GRMN, DNR, OII, LVS, CROX, WYNN, PCLN. Stocks of interest, but need a “tell” for direction:EWZ, VLO, TOT,…
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Primary Watchlist
The following stocks are on my Primary Watchlist as long setups: CROX, MOS, WYNN, SWHC, CMG, GME, NOV, BCSI, OII, POT, LVS, UA, GRMN, DRYS, and TBSI All of these stocks are trend pullback plays that have held up over the past two weeks.
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Primary Watchlist
Here is a list of ten stocks from my primary watchlist: BOOM, NOV, CROX, UA, DRYS, EWZ, RIO, SNCR, VSEC, IBN
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Primary Watchlist Additions: BCSI, SNCR, AKS
I’ve added 3 new positions to the primary long watchlist: BCSI, SNCR and AKS. All three stocks have been strong on a week market and have not violated any supports.