Stock Picks and Trade Ideas for Tuesday
New Buy Ideas: ENH, GU, RMG
Add To: ATEC
New Short Sale Ideas:
posted by Nick M. @ 6:52 PM
Saturday, February 16, 2008
About Me
- Name: Nick M.
- Location: United States
Hello and welcome to my blog. My name is Nick and I am a recent graduate of a top research university. I currently hold a BA degree in Psychology. My main interests are industrial/organizational psychology, HR management and of course, securities and the financial markets. I became interested in trading and investing in stocks a few years ago by pure chance and curiosity. After learning some of the basics in 2003, I began to trade in full force in 2004. Although I've been trading for only a few years, I have learned much about stocks, and analyzing charts in this relatively short time span. My experience and chart reading skills are my edge in successfully navigating the stock market. My strategy and discipline is a blend of trader and stock picker. My style of trading has helped me find some of the current markets top winners in their infancy. In addition to my own personal trading and investing, I also manage assets and portfolios for close friends and family. My goals are to continue to improve and refine my trading/investing strategies in order to further enhance my performance in the market. Eventually, I would like to establish my own investment/asset management firm.
Previous Posts
- Market Indices Faced Resistance...
- Trade Journal
- Low Risk Entry- VSCI
- Stock Picks and Trade Ideas for Thursday
- Trade Journal for Tuesday
- Stock Picks and Trade Ideas for Tuesday
- Heating up the Charts: VSCI
- On the Move: INET, VSCI
- Trade Journal
- Trade Journal
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8 Comments:
Seems like some has been beating bath towels out of USU, now in accumulation phase.. do you find a bottom Nick ?
I am expecting explosive PAL tomorrow. another 10% up. PD - metal spot price is up 22 dols in last 24 hrs ! can be a quick trade.. then again what do I know. FSLR AND PCLN shorts made my humble again.
DSTI also looks like bottom.
YRE,
USU looks like its bottoming but it may be too early to jump in. Watch for a strong upward move (over 4%) with above average volume. Right now the volume is pitiful. Jump in once the institutions start loading up. PAL still looking good. The run may nearning an end for now. But, I believe PAL will run again once it finishes building its base above its 200 day MA.
FSLR closed below the 50 day MA on slightly above average volume. This is a decent short signal. Would have been stronger if more volume was present and if the stock was down a bit more percentage wise. What are you doing shorting PCLN? Way too early on it. Wait for it trip over itself first. I wouldn't even worry about DSTI for now. DSTI needs to start building a base above its 200 day MA before its a true bottom. Just my 2 cents.
You watching PTEC?
I took profs on PAL (Love it!) yesterday and will switch to SWC if it stays strong. Seems like the "big fellas" like SWC more than PAL.
Gold is moving up.. Pls Pls buy tyhee development corp.. do not worry abt the charts, fundamentals (which are there strong )... but there will be a gold mania soon and this thing is going to fly like PAL n when it does.. its all over in cpl days/weeks ( 200-300% ).
Or buy vgz guys, Tyhee and VGZ both have lowest oz/price ratio in the gold world.
All PAL profits are being loaded in those two..
Chad,
I'm still long PTEC, so yeah I am watching it. Watch out for PAL and SWC. Both are overextended and have a high probability of pulling back from their current levels.
Yre,
I have to worry about the charts (the fundamentals come second to me). I can't even find a chart for Tyhee so I couldn't even tell you if I like it or not. VGZ looks ok as a very short term trade. Since it hasn't fully bottomed out, take profits when it becomes over extended and start to lose steam.
Thanks. I've got a small stop-loss on SWC. I was expecting it to pull back more, but PAL rallied yesterday. It's been acting like a spastic canary for SWC.
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