Wk26: Watchlist

Continue to buy pullbacks in GLD and like NFLX and SNDK as longs if they break their highs from Friday.

Wk25: Watchlist

Watch for a break above the high of low bar on a pullback into a long, and a break of the low of high bar for a bounce into a short.

The below names should provide decent setups this week.

Bullish: AAPL GNW, GLD, HSY, RIG, SLB, UAUA

Bearish: BX, GS, QCOM, SYMC

Wk24: Watchlist

Calls:

WLP strike: 50c

SNDK 41c

SLW 18c


Puts:

FXE strike: 123p

DNDN 42p

GLD strangle or straddle options

116c/124p or 120c/120p

Watchlist Recap: Our stocks over the last few weeks have done quite well, all selling for a profit…
Longs: AKAM, CIT, DTV, NEM, SNDK
Shorts: JCP, GRMN

Wk22: Watchlist

These are some of the stocks we’re long and short going into this week. We will follow up in the week with some additional names to establish new positions in.

Bullish: AKAM, CIT, DTV, DNDN, NEM, SNDK

Bearish: DIA, GRMN, PBR

Wk21: Watchlist

Longs: ABX, GG, NEM (Same sector), AKAM, DTV, CMG, DAL, SNDK, NFLX, VCI

Shorts: GRMN, LEN

Wk20: Watchlist

News announcements for the week ahead can be found here. These are the stocks we are watching for next week 5/16/2010...

Longs: ABX, AUY, CELG, EMC, GG, NEM, SLV, SLW, UNH

Shorts: FXE, GS, LVS, WLP

Given that next week is Options Expiry we will be looking to buy June Calls/Puts on these names. We would like to balance the delta on the portfolio and we are looking at ITM options with approx 70% intrinsic value. Here is a demo of the TOS options tab that describes how to go about this.

Wk07: Stocks to Watch

These names we are looking at this week.

Long:

BA, CMA, DECK, HNZ, HOT, LTD, MCD, MO, NBL,

Reenter on pullback:

HAR, HAS, PNRA, TPX, TSN

Short:

BVF, ENI, TRMK, GME, TNDM

We don’t normally talk about long-term plays; however we couldn’t help but notice UNG. A potential double bottom pullback (reversal pattern) has formed. A break above $11.00 could send this stock upwards.

Wk06: Stocks to Watch

We continue to play the major top line figures rather than pick individual stocks. For those trading the E-mini’s intraday and feels that the increased volatility has been whipping them around, look to trade the SPY, DIA, QQQQ or IWM.

500 SPY shares are equal to one E-mini S&P contract. Playing with one or two-hundred SPY shares allows you to scale out your position where one or two E-mini contracts does not. On big days you must be trading. It’s these day that can make your week or even your month, especially for those day trading.

Wk04: Stocks to Watch

eek 3 was a heavy distribution week and with the jump in volatility we saw some of our long positions gap up into profitable territory and then get dragged down with the market. Whether you added some downside protection in the form of puts on Thursday or Friday you should be sitting pretty with a hefty profit on the short side so use week 4 to rebalance the portfolio. These stocks below are some that we are keeping on our radar in the week ahead.

Wk03: Stocks to Watch

Wk02: Stocks to Watch

Wk48: Stocks to Watch

With the Russell acting relatively weak to the rest of the indices it only makes sense to look towards small caps for stocks to short. While the Dow has been the strongest of the top line figures, it is only made up of 30 stocks which are not necessarily the most trade friendly. Over the next few weeks we will continue to look at the "typical" holiday names like AMZN, AAPL, BBY, GOOG, JWM, and UPS.

Wk46: Stocks to Watch

Wk44: Stocks to Watch

Watchlist: Oct, 28 2009

Wk43: Stocks to Watch

Proceed with caution when putting on new trades this week. Lots of earnings and news will issue big whipsaws in the market. Watch for stocks that continue their trends throughout the news announcements this week as these will be the stocks that will act as relative strength and weakness once the earnings season is over.

Wk39: Stocks to Watch

This week we are going to look for stocks that are in up trends, close or at their 52-week and all time highs, as well as trading above their 20 period exponential moving average. We use an exponential versus simple moving average because it places more weight on the most current trading day. We also want to make sure the 20-EMA is in an uptrend and above the 50 period moving average. Wait for a close above the high of the low day for entry on longs.

Wk37: Stocks to Watch

As we flip through our scans and watchlists we notice many more stocks breaking to 52-week highs than 52-week lows. As a matter of fact, there are hardly any stocks making 52-week lows across the board. Keep looking out for stocks that are relatively strong and weak to the market as a stock’s value is influenced by the rising and sinking tide of the market.

Long: ASML, AWH, BP, BR, BRCM, CYMI, LPL, NTGR, OSK, SBUX, ULTA (w/ caution)

Short: CPA, CTXS

AMZN is on our short radar, keeping in mind that holiday season is soon approaching, this stock is in a short term down trend over the past few months and not acting as strong as it typically has.

For those who took some longs in the double leveraged ETF’s we talked about last week, look to take profits on all or a portion of the trades, tightening stops on the remained at least to at-or-above break even.

Wk36: Stocks to Watch

AAPL, OSK, GOOG, and Double Levereged Index ETFs like the SSO.

Wk34: Stocks to Watch

We are watching for stocks that are not too overextended in this market, yet breaking out. Preserving capital for the next few weeks as big money traders begin to flow back into the markets. No blog next week.