Stock Watch - 6/29/2014

Here are some stocks to watch for possible swing long in the coming week: HIMX, ONNN, AZO, ORLY, GES, TIF, JCP, MCD, GTAT, CREE, GRPN, ZNGA & ANGI.

Referrals

Here are few stocks that were recently referred to me by a fellow trader @Thundersforever: VVUS, LIVE & PPC. They exhibit possible swing long setup that could be set in motion in the coming days.

MOMO Stocks Outlook - 6/28/2014

In this video, we will take a look at these MOMO stocks: AAPL, NFLX, FB, AMZN, TWTR, TSLA, GOOGL & LNKD.

Not Much Has Changed

The market continues to frustrate those that are looking for that elusive 10% pullback. Whenever the market does a pullback to shake some of the weak longs, the talking heads come out and calling the beginning of their long awaited 10% correction. I'm sure one day they will get it right when those that are market watchers have sensed the top has been made and starting their exit. In the meantime, not much has changed. The market continues to present many good setup, but one must not forget to trade defensively and manage the risk.

Quick Glance At The Market

A look at the indices to see where might be the next level of resistance and support.

Consolidating Today's Charts

For those that might have missed some of the charts I have posted on twitter throughout the day, here is a recap. You can also see my tweets in the window on the right.

Another Pullback

Here we are again, in the midst of another pullback. In this video we will review today's price actions and review some of the stocks in our watch list and some new additions to monitor for future price move.

Stocks & Market Watch - 6/22/2014

Here is a look at some of the stocks that might be on the move in the coming days, and a review of the market.

Worth Mentioning

Here are some additional stocks that are worth a mentioning of possible upside.

Stock Watch - 6/20/2014

Here are some stocks to watch for the coming days: BBRY, GOOGL, AOL, KBH, TOL, PHM.

BBRY Earnings Watch

Updated note: I was reminded BBRY earnings report is due tomorrow morning before the market open. I will attempt to close my remaining position in pre-market. (mental error!)


Tomorrow after the market close, BBRY will report its quarterly earnings. The recent price actions suggest it might move to the upside. But with any news driven event, price movement could be volatile; especially on earnings report.

Mixed Bag Day

Today the market chopped around a few times throughout the day. When the close came, the market ends up closing on a slightly up tick. Here is a look at the market and some of the MOMO stocks, and the stocks that were mentioned in the weekend 'stock watch' video.

Stock Watch - 6/15/2014

Here are some stocks that could present some swing long opportunities in the coming week. BRCD, P CHKP VJET, XONE, XLNX, CREE, MGM, AMGN.

After A Spooky Day

Tomorrow is Friday the 13th and also weekly OpEx day. Here is a look at some price levels for the SPY, AAPL, and NFLX after a spooky day. In addition, a look at FSLR for a possible long trade.

Stock Watch - 6/11/2014

Here are some stocks that could be setting up for possible swing long.

Stock Watch - 6/10/2014

Here is a brief look at the market and some stocks.

MOMO Stocks Update - 6/8/2014

A brief update on AAPL, NFLX, AMZN, FB, GOOGL, TSLA, TWTR along with BBRY and JCP.

How Did We Get Here

Last week, the market shifted back into gear and put up consecutive new all time high for the DJIA, DJT, and the SP500, while the Nasdaq 100 put up consecutive new multi-year high. Although the Russell 2000 failed to put up any new high, it did reverse its recent downtrend by putting up a higher high and higher low price pattern. The market breadth also show some improvement with the advance/decline rising and the new high/new low expanding. Does this mean the market is back on a long term uptrend? Before trying to answer that question, let’s first look back to see how we got here.

A Follow Up

The video I have posted on the Memorial Day weekend sort of gave us some ideas on what to look for from the recent market move, and here is a follow up on that video.

Staying With The Trend

This week the market gave us some clarity on the direction it is intend to move in the near term, and that direction is up.

Quick Glance Before The Open - 6/6/2014

Today is job report and weekly OpEx day. Furthermore, after today AAPL will split 7-for-1. If AAPL pin is near 650 that will put the post split price at the low 90s which makes it much more psychologically attractive to new retail AAPL buyers.

Today's Observations - 6/5/2014

Here are some of my observations tweeted on twitter today. You can follow me on twitter by clicking the twitter follow button.

A Ho-Hum Day

After a dip & recover day on Monday, today the SPY, DIA & QQQ printed an inside narrow bar candle. The IWM again was the weakest with a long spinning top candle. All in all, no major damage to the indices, and mostly it was a boring, ho-hum day. This could be the quiet before the storm.

Don’t Get Emotional

Look at the following charts for the SPY, DIA, QQQ and the IWM. All of them printed a hangman type candle today except the IWM.

Preparing For Possible Pullback

After a strong up move last week, a pullback is not out of the question for the coming week. There are many major news driven events next week that can cause volatility to increase. There is the widely watched job report on Friday, the ECB rate decision on Thursday, and AAPL WWDC starting on Monday.

Fear Is Notching Up

The fear meter goes up a notch every time the market moves higher. There are fears from those believing they will miss this move if they don’t get on board now and from those that fear how badly this will end.