Category: watchlist
-
Sector Analysis: Restaurants
The restaurant sector has been on fire over the past two months. On the sector chart below we can see a break out at 775 and made a 50 point rise with limited pullbacks. Finally, we have a pullback to the 20 day MA, making this an attractive entry point.…
-
Watchlist
There were only a few additions to the watchlist today. That’s not suprising, considering we had a distribution day yesterday and my watchlist is ninety percent on the long side. This weekend I will likely start screening for shorts this weekend, especially if we don’t get a decent bounce today.…
-
Watchlist Additions
Here are the new additions to my watchlist: CERN: pb 56-57 TSS: now, stop 32 (34.06) IMB: pb 33-34 FSLR: bo-pb now confirm pb to 50 MA SPWR: same DNR: pb 34-35 IBN: high tight flag pattern near high MT: pb 56
-
Sunday’s Personal Trading Journal in Preperation For Monday
Here is exactly what I wrote in my personal trading journal today. March 20, 2007 Overview of last trade: 500 IBN @ $47.64 on 5-18-07. Breakout over 4 month resistance level on strong volume and accumulating stock. Cause for concern is that new highs are formed with slightly lower RSI…
-
More For the Breakout-Pullback Watchlist
Here are some more stocks to add to the breakout-pullback watchlist: OMNI, CPS, CTRP, DNR, RAVN, GRB, GPOR
-
Thursday Watchlist: Breakout-Pullback Candidates
Here is a list of breakout-pullback candidates: CPA, VDSI, IMO, CLRK, NX, EWZ, NTGR, MDTH, FST and HAL.
-
Chart: GRP
GRP, an oil services/drilling play, has been on my secondary watchlist for quite some time. I was hoping for a bit more of a pullback on Thursday, but the stock recovered nicely on Friday, albeit on low volume. I won’t be trigger shy the next time I see a low…
-
Trades, Watchlist and Earnings Observation
I’m in a hurry today, so I’ll have to outline today’s trades tomorrow. In the meantime, here is my breakout-pullback candidate list. USU: pb-20-21RSH: pb 30EXM: pb 23-23.50CRY: pb 11AWC: pb 25.50DRSY: pb 35-36LXU: pb 17MCY: pb 56 NILE is moving after hours based on a well liked earnings report.…
-
Breakout-Pullback Watchlist
Here is a list of breakout pullback candidates. Note that these are not primary watchlist candidates yet. We want price to slowly pullback to the entry point on diminishing volume, which should take a few days. Some of these stocks have been trending up and are under accumulation, which is…
-
Tuesday’s Watchlist
GROW: bullish engulfingJSDA: strong at supportSIGM: Short on pullback to gap pointADM: $39.75 breakout earnings playBWLD: $67.50 bo earnings playOII: $48.50 bo earnings playUPL: $58 bo earnings playUA: $51 bo earnings playVLO: pb to moving average
-
Answering Questions About Part-Time Trading
First of all, I would like to let you know that I enjoy your “Market Speculator” blog and find it very educational. After reading many of your posts, I noticed that you prefer not to micromanage your trades and sometimes only check the market a few times a session because…
-
Thinking Out Loud About Amazon
Like many, I am kicking myself for not entering AMZN yesterday. On Thursday, I featured it as a breakout-pullback candidate. When I made my trades yesterday, I came very close to taking a 500 share position at around $44.40, but decided against it for two reasons. First, I had made…
-
Today’s Watchlist and a Breakout-Pullback Candidate
ESRX looks like a good breakout-pullback candidate. I’d wait for a low volume pullback to the bottom of the long price bar. Here is a list of stocks I’m watching today.
-
Watchlist and Entry Point Question and Answer
FPIC broke out of a three month triangle formation. Volume and the OBV indicator (a measure of volume at the close) show increased accumulation during the formation of the triangle, suggesting this breakout is for real and any pullback will be met with more buying. I will enter on a…
-
Friday’s Additions to Watchlist and Quote of the Day
Watchlist:Here are some new additions to the watchlist with notes: HCR: pb 60 (breakout-pullback setup)JASO: pb 20-21 (b-o setup)WOOF: pb 39CSX: pb 42-42.50 (thanks to Buffet and takeover speculation)MEDI: pb 41-42 (bo-pb)RRD: pb 38.50-39AAPL: hammer confirmation?CCOI: pb 25 (bo-pb)SU: bo 82GROW: multiple entriesCCJ: just watch for now (need deeper pb…
-
Thursday’s Watchlist
Today’s weakness finally gave me some decent pullbacks in stocks on my watchlist. While most of them are still overbought, there is a high probability that I will take a position in at least one of these ten stocks tomorrow: BWLD, DGIT, VDSI, EWZ, FUL, GES, OEH, TTWO, XOM and…