Stocks To Watch - 5/3/2015

Here is a list of stocks that might present some interesting price movement in the coming week. AMBA, CHK, DGLY, FEYE, GILD, HPQ, SMH, INTC, MU, NVDA, REGN, SCTY, SWKS, SWIR.

Collateral Damage

Here is one of the collateral damage resulted from the current oil price drop, solar. The current price drop in oil makes solar or any form of alternative energy much less attractive. And the perception that the primary reason for the current price drop in oil is due to oversupply makes the renewable energy argument less compelling. Aside from this short term crude oil price drop, there is a longer term reason that could maintain a less favorable environment for solar. This long term cause is the changing of the guards in Washington. The changes in Washington could result in reduction or elimination of government subsidized alternative energy programs, and the possibility of further increase domestic oil supply in the long term by allowing more offshore drilling for oil.

Here are some of the solar stocks that are part of the collateral damage from the current oil price drop.

Something Different

This has not been seen for quite some time that the DJIA closed with a gain while all the other indices closed with a loss. This is something different for this market cycle. Remember I have said it numerous times that the market does not top until the DJIA has topped. Could this be the beginning of that final move on making a top? Only time will tell.

Trade Analysis For SCTY & FB

Here are couple videos posted this weekend on Twitter. One is reviewing the post earnings price action on SCTY, and the other video is on a possible swing long trade setup for FB.

Something For Everyone

The market pulled back slightly last week. It might feel worst than it seems, since there are many days with triple digits intraday loss ended with a modest loss. This type of price action might give us some false sense of security. But, the trend is still pointing up, so until the market tell us otherwise, continue to trade the current trend.

The stocks being covered in the video are: AAPL GOOG AMZN NFLX IBM GS MS BAC JPM FSLR SCTY TJX RL TIF MGM LVS WYNN WFT SLB CHK PXD UPL EOG CLF P LNKD TRLA Z FB