August 2008
You are browsing the archive for August 2008.
No New Short Positions For Tuesday’s Stock Market Session
There were only 14 stocks in the high priced stocks that were down and not a single one fell on higher volume. That killed any opportunity to go short any proper breakdown as heavy volume is needed to enter any short and have high odds on your side for success. As for stocks breaking down [...]
Share on FacebookNo New Long Positions For Tuesday’s Stock Market Session
There were only 27 stocks combined in both of my long scans that look over the market to find the best stocks moving on heavy volume. Well, not only did all 27 not have nice patterns (unless I was already long) but they were also just complete messes. I do see what appears to be [...]
Share on FacebookOne Stock I Am Adding To My Existing Featured Long Positions For Friday’s Stock Market Session
There is only one stock that is breaking out of a long base or bouncing right off the 50 DMA after moving lower towards it on low volume and bounce off of it on high volume. That stock is APEI. Hopefully, this bounce has more bounce than some of the more recent bounces but this [...]
Share on FacebookOne New Short Position For Friday’s Stock Market Session
One new short position tonight as the stock that i was just going over yesterday gave me everything that I asked for today. CAJ is closing near the LOD, the 50 DMA has “death crossed” the 200 DMA, the volume surged on the down day reversal, and BOP went red. This was everything I was [...]
Share on FacebookOne New Speculative Long Position I Am Adding To My Current Position For Thursday’s Stock Maret Session
There is only one stock that is setup in a safe enough and long enough base with a nice calmer chart pattern compared to many other stocks right now. The problem with today’s move is that the price action is so good but volume is not that big–even though it is bigger by a nice [...]
Share on FacebookNo New Short Positions For Thursday’s Stock Market Session
Not only were there very few stocks in the short scan tonight due to the low market volume but the fact the market was up today made the list even smaller. There were not even 12 stocks in the scans. So there were not many stocks to go through and all of them had something [...]
Share on FacebookOne New Short Position For Wednesday’s Stock Market Session
I don’t know if it is the Russia scare that is having capital leaving the Eastern European region, if there is something really wrong with the company, or if those in Poland have decided to start drinking less. Whatever the reason for the selling is it doesn’t matter. All we need to know is that [...]
Share on FacebookTwo New Speculative Featured Long Positions For Wednesday’s Stock Market Session
I know that this market is not safe for investors to go long or short in but when you come across a couple of breakouts that look like these that have the fundamental strength as they do it makes sense to give it try. WH is an oil&gas stock that has some very strong EPS [...]
Share on FacebookNo New Long Positions For Tuesday’s Stock Market Session
There was not a single stock breaking out of a sound base or bouncing off the 50 DMA with green to max green BOP and strong volume. Therefore with the market not in a strong uptrend on strong volume and with the lack of great stocks setting up out there I want to remind everyone [...]
Share on FacebookNo New Short Positions For Tuesday’s Stock Market Session
Once again there is not one single stock that is setup near the 50 and 200 day moving average that is rolling over and breaking down on heavy volume. The lack of these historically high odd setups is the reason no one has been making money the past seven months. Longs nor shorts work right [...]
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