Monday, May 22, 2006
Recent Picks / Trading Ideas
Weekly Market Update May 22 How the market opens this week will show us the direction for the rest of the week. If we continue to break support levels, we will hang on to our shorts ... |
Swing Trade of the Week May 19 NUE: Stock surged through a support area, traded at the lower end of the bearish candle, representing a consolidation and possible setup for further downside ... |
Worst Stocks Scan May 19 A couple times a year, it is a good idea to scan and investigate those stocks that performed worst over the last 52 week; you occasionally get some good ideas ... |
Double Top Formation May 18 STX completed a double top formation, but then rose above the pivot line. A secondary decline through the pivot line would result in a sharp drop ... |
Weekly Market Recap May 15 The longer term trend is up.. we do note a warning sign with prices closing below the 20 day EMA shortly after making new multi-year highs. The short term trend is bearish ... |
Swing Trade of the Week May 11 JCOM: Stock surged past resistance with a bullish candle, traded at the upper end of the bullish breakout candle, representing a consolidation and possible setup for further upside ... |
BIDU - Super Earnings, Gapping Higher May 10 Super earnings tonight after the bell had this stock gapping up big in after hours trading ... |
Stochastics Reversal May 4 EMMS - A real change in direction. Momentum has begun to grow with a couple of strongly positive days on unusually high volume ... |
Monthly Market Recap May 1 The Macro weekly uptrend is still bullish. Market has once again found support. A breach of the support could signal an early change in the larger trend ... |
Daily Market Commentary Winding Up.. - Dow trades back and forth at lows, winds up within clear triangle ... |