Wednesday, June 12, 2013

I would like all days to be like yesterday!!

It was a great day $MNKD, $VRML, $BEAT $HTCH all winners with $RVLT being the only loser. All the stars were aligned  and things just worked. I wasn't to greedy, I booked profits scaling out of my positions and didn't allow any losses to build. The market may be choppy but there are plenty of opportunities to make some money in individual names. I missed a couple of real good plays in $VNDA and $PGNX.

I will never be able to get them all and I don't need to as long as I can nail two or three really well and get out of the ones that aren't working without hesitation.

Going through my scans I actually saw an awful lot of charts that I like the look of. The list is fairly long and I was a little surprised by that considering the market action.

Stocks on the move and others that caught my eye

$RSH testing 50 day after low vol pullback, $BEAT continuation, $NSPH testing 20day, $PGNX continuation, $RMBS pr flat top breakout, $RVLT 20 day continues to hold, $PZZI possible 50 day test and 6 dolla holla, $AMAP riding the 20 day, $BIOD looks like it want 5 dolla holla, $BSX looks like it want to go test ten dolla holla riding the 20 day, $CAMP wants 14 and then some, $CLNT looks ready to break after low vol pull back sitting right on the 20 day  , $GLDD still coiling over 200 and 20 day,  $MITK nice bull flag daily , $CPRX continuation, $CERE very thin possible long term trend line break, $LLEN coiling testing 20 day, $GT sympathy play might be a fader,  $CYTK PR ,  $HALO pr, $ASTX think it found its bottom, $ALXA 

Seeking Alpha
Today's Markets:
In Asia, Japan -0.2% to 13289. Hong Kong and China closed. India -0.5%.
In Europe, at midday, London +0.2%. Paris +0.5%. Frankfurt +0.1%.
Futures at 7:00: Dow +0.5%. S&P +0.6%. Nasdaq +0.5%. Crude +0.1% to $95.44. Gold -0.05% to $1376.30.
Notable earnings after today's close: FIVEHRBMWPVHSIGM

Briefing.com 

07:47 ET Icahn Enterprises shares plunge 9% following offering news (IEP) : Icahn Enterprises (IEP $72.10 -7.42) announced a registered public offering of depositary units
07:46 ET Oxford Industries shares rise following beat on earnings (OXM) : Oxford Industries (OXM $65.50 +1.05) reported first quarter earnings of $0.82 per share, excluding
Earlier today on Story Stocks:
First Solar shares fall 6% following 8.5 million share common stock offering (FSLR) 07:44
>> For all of today's stories, go to Story Stocks
Up/Downgrades
Today's Upgrades:
CompanyTickerBrokerage Firm
Spectra EnergySETudor Pickering
Salix PharmaSLXPBuckingham Research
Spectra Energy LPSEPTudor Pickering
Health ManagementHMACRT Capital
Peugot SAPEUGY.PKMorgan Stanley
Riverbed TechnologyRVBDLazard
PraxairPXJP Morgan
American ElectricAEPSun Trust Rbsn Humphrey
Apollo Global ManagementAPOGoldman
ThoratecTHORRaymond James
LennarLENKeefe Bruyette
Genuine PartsGPCBofA/Merrill
Spectra Energy LPSEPMorgan Stanley
Spectra EnergySEMorgan Stanley
BungeBGPiper Jaffray
Applied MaterialsAMATCitigroup
Boston Beer CoSAMGoldman
Today's Downgrades:
CompanyTickerBrokerage Firm
WabtecWABRaymond James
Legg MasonLMGoldman
SynnexSNXRaymond James
Ocean RIG UDWORIGCredit Suisse
U.S. BancorpUSBAtlantic Equities
Wells FargoWFCAtlantic Equities
MPLX LPMPLXBofA/Merrill
Biogen IdecBIIBCitigroup
Dean FoodsDFBernstein

Good luck Trading today!!

1 comment:

  1. cant seem to send you and email. What trading class do you recommend? Thankks.

    ReplyDelete