No New Swing Shorts For Thursday
April 25, 2007 | Leave a Comment
no new swing shorts for Thursday as the market is in a very strong, speculative, and amazing uptrend.
Three New CANSLIM Swing Longs, One New Speculative CANSLIM Swing Long, Three New Speculative Longs, One CANSLIM Swing Long I Am Adding To My Position, And Three Speculative Swing Longs I Am Adding To My Position
April 25, 2007 | Leave a Comment
new CANSLIM swing longs: FEIC KOP DVR
FEIC is bouncing off the 50 dma and breaking out above this short cup base, on very strong volume. Cut your loss with a close below the 50 dma, if the stock does not move higher immediately. Read more
Stocks Close Flat On Heavier Volume; DJIA Leads A Day Of Possible Churning
April 25, 2007 | Leave a Comment
I had a medical appointment and other personal matters I had to attend to today. Therefore there will be no commentary tonight. However, I am posting the entire chat transcript from Tuesday to help you understand how I interpreted the day’s action. Read more
No New Swing Shorts For Wednesday As The Market Is In A Clear Uptrend
April 25, 2007 | Leave a Comment
No new swing shorts for Wednesday as the market remains in an incredibly strong uptrend.
If this was a bear market these stocks would make great shorts: HTCH BHE BRO LXK FWRD
Two New Speculative CANSLIM Swing Longs, One New Speculative Swing Long, And Three Speculative Stocks I Am Adding To My Existing Positions
April 24, 2007 | Leave a Comment
new speculative CANSLIM swing longs: TRT SPEC
TRT is bouncing off the 50 dma on very strong volume and appears ready to start another leg up of the powerful uptrend that started in September. The fundamentals are incredible, with EPS growth between 267% and 999% the past four quarters and sales growth between 10% and 89% the past five quarters. Fund ownership has increased from 5 to 10 during the past four quarters. This is a risky long for newbie investors as it offers 10% risk for a great reward. Make sure you do a limit and a market order. Cut your loss with a close below the 50 dma if the stock does not move higher immediately. Read more
Afternoon Selloff Sends Stocks Lower As Most Indexes Close Near Their LOD; Nasdaq Finally Outperforms The Big Caps
April 24, 2007 | Leave a Comment
A very tight low-volatile intraday morning, despite some big M&A deals, gave way to an afternoon selloff as higher oil prices and bad news out of GM scared some investors. BCS announced it was acquiring ABN and AZN announced it was acquiring MEDI. However, this failed to inspire stocks at all. But later in the day oil jumped 2.8% to $65.89 and GM’s Vice Chariman Bob Lutz said mortgage ‘meltdown’ was going to hit auto sales. This did inspire stocks and sent them lower, with the big cap indexes closing near their LOD. Read more
Stocks End A Very Powerful Week With More Gains; Volume Picks Up On Options Expiration Day
April 24, 2007 | Leave a Comment
On Friday, stocks did what they have been doing all week, finding dip buyers that send the indexes higher into the close or at least higher than the open. A rash of good earnings from some big players like SLB GOOG AXP CAT and HON sent stocks higher at the open. But right after that very powerful gap higher, stocks started pulling back, as investors were quick to take some profits. However, once again, dip buyers came in and smart market makers did their best job to make shorting and put buying as painful as possible for the bears and sent stocks higher into the close. It was a very bullish options expiration.
Five New Speculative Swing Longs, And One CANSLIM Long And One Speculative Long I Am Adding To My Existing Positions
April 23, 2007 | Leave a Comment
new speculative swing longs: BYI DNDN PLM PDLI OCCF
BYI is breaking out past March resistance and bouncing off the 50 dma on very strong volume. Cut your loss with a close below the 50 dma, if this stock does not move higher immediately. Read more
No New Swing Shorts For Tuesday As The Market Is Still In A Very Powerful Uptrend
April 23, 2007 | Leave a Comment
No new swing shorts as this insane uptrend (insane because we haven’t had a real pullback in forever) keeps chugging along.
Stocks End A Very Powerful Week With More Gains; Volume Picks Up On Options Expiration Day
April 21, 2007 | Leave a Comment
On Friday, stocks did what they have been doing all week, finding dip buyers that send the indexes higher into the close or at least higher than the open. A rash of good earnings from some big players like SLB GOOG AXP CAT and HON sent stocks higher at the open. But right after that very powerful gap higher, stocks started pulling back, as investors were quick to take some profits. However, once again, dip buyers came in and smart market makers did their best job to make shorting and put buying as painful as possible for the bears and sent stocks higher into the close. It was a very bullish options expiration. Read more








