Watchlist & Stock Picks 2/11/09

I'm looking at some longs now as I think the minor pullback we just experienced is over:

QQQQ
IBM
AGU
GOOG
SYMC
BJS
CAKE
DAR
SDXC
M

I still have one short:

EPIQ

Watchlist & Stock Picks 2/9/09

I'm going to be looking to go short on my recent wins:

GSIC
DRQ
SYMC
SDXC
AGU
CAKE
BJS

Watchlist & Stock Picks 2/2/09

I'm liking the following for a long:

IBM
CSCO
DRQ
QQQQ - careful on this one as its been channeling for a number of weeks.
GOOG - if I buy I'd buy a very small number of shares, simply because its too expensive for me!
DF
BLUD

Watchlist & Stock Picks 1/13/09

Well, I'm still not too satisfied with what I'm seeing in terms of trends to make another commitment but here is what I'm watching nonetheless:

LONG:

M
AUO
SDXC
BPZ
QQQQ
MTH
CPWR
EK - the moving averages just crossed
FUN - the moving averages just crossed
IPAR
SYMC
APOG

Watchlist & Stock Picks 1/12/09

Well, I'm not too keen on getting in anything new until I can see a market trend. Maybe later this week I'll see something worth while!

Happy Trading.

Watchlist & Stock Picks 12/17/08

I'm going to continue to watch yesterday's picks, minus a few, despite the downturn this morning. Once we really start to make a move I'm sure new picks will emerge.

LONG:

QQQQ
AAWW
CLF
XME
MTH
CMI
DIS
FSS
FARO
AGO
GSIC

ALK - Bought

Bought ALK at $25.52.

Watchlist & Stock Picks 12/8/08

Well, I'm still a little leery of the market, but I'm also ready to get back in the game after Thursday and Friday "off." I may not buy anything today, but I've got my watchlist ready in case I find something I like! If I do find something I like, it might very well be a short, day trade.

SHORT:

ARTC

ATAC

CPRT

CRA

FUQI

STP

Here's a list of stocks that have broken out to the upside due to this morning's rally that I'm considering for a day trade long (or maybe even a swing trade long depending upon the market):

LONG:

EVT

SDXC

QQQQ

FSS

FARO

DIS

SYMC

Watchlist & Stock Picks 12/4/08

Well, let's see what the market decides to do today! I think I'm going to refrain from getting in anything new today and just nurse the one's I've been holding onto for a while. It looks to me that we might be in the beginning stages of a consolidation period.

If I happen to find a few that I like the look of I'll be sure to update my stock picks later on. I imagine I could find some to "recommend" now, but I don't want to suggest something that I wouldn't do...just doesn't feel right.

Good luck!

ICON - Short Sold

Just short sold ICON at $7.12. Again, I'll probably go for a small win on this one simply given how choppy the market is.

Watchlist & Stock Picks 12/2/08

We had quite the down day yesterday which was great for my shorts and my short sell picks even though I couldn't get in them all. I'm still watching a few from yesterday along with several new ones. Others have fallen off my watchlist because I feel they went down too far yesterday to still safely make a profit from if you were to get in today.

Happy trading, let's see if we get another solid down day today in this unstable market.

SHORT:

My favorites:

QQQQ

MTH

QLGC

The remaining:

CAS

CCE

CPA

HWCC

APOG - possibly still room to make money in

EK

EWO

FARO

FSS

DIS

FUN

HUM

ICON

ISCA

KELYA

OSTK

XTEX

QQQQ - Short Sell

Short sold QQQQ at $27.93.

I'm really eyeing APOG at the moment but I think I might wait until lunch time to be sure of it's down day "status."

I'm excited that most of my picks have gone down today - I'm disappointed that I haven't enough funds to buy them all!

Holiday Trading

We're obviously very close to the Holidays, with Thanksgiving coming up at the end of this week, and that means the start of Holiday Trading. Typically, trading during the Holidays is a bit dicey and I imagine this year will be no exception since no one is very optimistic about a healthy amount of consumer spending this year.

Even during the bull markets holiday trading can still be hard - simply because the "professionals" are taking extended vacations allowing us "amatures" to drive the markets. So, if you use stop losses, keep them close and if you don't keep an eye on your holdings to make sure you're still able to keep those gifts under the tree!

Watchlist & Stock Picks 11/25/08

Alright we've got quite a few today, oddly - after the rally:

SHORT:

My favorites at the moment:

BBV

ICLR

SPWRA

IRE

DIS

The remaining that I'll watch:

ABB

ARBA

AUO

AXA

BCS

CLF

CMI

CNS

DRQ

EME

EWH

GT

IFF

MXB

NTG

LULU

PID

PPDI

RSH

SYMC

XME

Today's a good day for Day Trading

Rally days like these, during ongoing downtrends, are a good time to day trade. Again, if you don't have a balance of $30,000+ refrain from day trading more than 3 times in 5 business days. But if you do have a large account balance - I would recommend going long for a few hours to see if you can't make some money! But I wouldn't recommend staying in for more than a day as you just don't know what's going to happen.

I, unfortunately, am at my limit until December...crud.

Watchlist & Stock Picks 11/24/08

Still looking at shorts for this short week of trading. The market will be closed on Thanksgiving Day and will close early at 1:00p the Friday after Thanksgiving according to previous year's closures. 

Here's what we've got:

SHORT:

SMTC - need to wait for the "TAZ" set up - could be today, could be a few days from now.

GYMB - need to wait for the "TAZ" set up - it had a large rally on Friday so we'll want to watch it to be sure it's a good short candidate.

Watchlist & Stock Picks 11/21/08

I'm going to leave a few on from what I had before. Slim pickin's on the scan today.

SHORT:

VIGN 

DXPE - formed a doji yesterday so it might be a sign of a turn around but I'm leaving it on the list.

NTAP - Bought to Cover

Just bought to cover NTAP at $11.72 for a 4.7% return on investment and $0.58 gain per share. It was much lower this morning but for whatever reason it had a large rally so I sold at the low point of a pullback. Wish I'd gotten out earlier this morning but I think I had a good recovery exit strategy.

RECAP:

SS NTAP @ $12.30
BC NTAP @ $11.72

P.S. Just looking around - it looks like we're having a bit of a rally today. Yay for the economy, boo for my picks.

NTAP - Short Sold

I just short sold NTAP at $12.30.

Just FYI, currently anything I bought in the last week or so for a long is currently negative. I don't expect that to always be the case but that just proves that the longs that were pulling last week on the watchlists were just the product of a market rally before a larger drop. Go figure.

Watchlist & Stock Picks 11/19/08

Alright, here we go:

SHORT: 

DPXE - pretty steep downtrend - looks pretty tempting

NTAP

RRGB - not too sure about this one but I'll watch it

Just one long candidate came up today and it was a dud. I'm still long in ALK but seeing as its slow to move I'm hoping to be out soon so I can move my capitol around to something more productive.