Thursday, August 29, 2013

Nothing wrong with a little praying

While I do recognize that praying and hope are two strategies that really do not belong in your day trading plan, for me it never hurts to say a little prayer every morning. I am praying we do not enter our country into another war and while I think something should be done about Syria its my hope things can be resolved without out military intervention.

I also pray for wisdom, patience,strength, good health, and good fortune for myself, friends and family. I also include everyone I have ever met throughout my lifetime, their families and friends.Regardless of whether they were or are friends or foes so basically I pray for everyone . lol So yes that includes you.

I also give thanks for having the good fortune to do what I love for my career and I am thankful for the challenges put in my path that I have to overcome. They provide the opportunity to build that wisdom, patience and strength that I seek.

This may not be the appropriate forum to share these things but hey>> it's my blog and I can write what I want >So there !

Morning movers and stocks that caught my eye

$TROV eod spike yesterday with volume testing 20 day on the daily, $PIP like the daily, $CWST earnings 5 dolla holla flat top break out,  $TWER pr could be ready for a bounce, $PRCP earnings thin be careful, $UNIS active premarket, $OTIV continuation, $WYY thin dolla holla , $IQNT looks hot, $SIFY continuation?, $TSYS pr,  
  
Carry Overs 
“Carry overs” are stocks that I have featured in prior videos, have on my alert list or tagged on my morning mover lists that still have a potential setup working or developing on the chart that may be actionable. They are still on my radar and I am either already in with a swing or I am looking to enter on a breakout. I am also looking for the setup to breakdown at which point it will discard it from my hot watch list. If I am already in it with a swing I am looking for a place to scale out or exit the trade and on rare occasions I may be adding to my position. Typically I like to sell into strength.

$LEE, $MGM , $KTOS, $PRMW, $PTIX, $ASTX , $AXAS, $RSH $OPXA, $BPZ ,$SIRI

Seeking Alpha  
Today's Markets:
In Asia, Japan +0.9% to 13460. Hong Kong +0.8% to 21705. China-0.2% to 2097. India +2.25% to 18401.
In Europe, at midday, London +0.5%. Paris +0.1%. Frankfurt +0.3%.
Futures at 6:20: Dow +0.2%. S&P +0.15%. Nasdaq +0.3%. Crude -0.7%to $109.28. Gold -0.7% to $1408.90.
Notable earnings before today's open: BRLICOCOCPBFLWSJASO,LRNPLLRYTD
Notable earnings after today's close: BEBECRMKKDOVTIPSUN,SPLKWMS
Good luck Trading today!! 

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