The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Sunday, June 29, 2008

Stock Picks and Trade Ideas for Monday

New Buy Candidates: ABP, AREX (rebuy), BPG (on a dip), ENT, FSYS (rebuy), GLRP (low trading vol.), TGC


New Short Sale Candidates:


Add To: FINL, HUSA, HYGS (on a dip), SQNM, VQ

Alternative Energy Stocks Continue to Power Ahead...

There is no doubt about it. Unless you are a newbie trader/investor or have been trapped in the closet (e.g.. R-Kelly), then you've probably noticed that the only way to make a profit in the current market is if you take advantage of the oil and energy related stocks. With this being said, I would like to introduce you to another sub group that has just begun to stir. In the Alternative Energy group, there are a multitude of companies focused on providing various different forms of alternative energy. This can include solar, wind, biofuels, geothermal, nuclear (uranium) and of course, via hydrogen and electrical battery power. The stocks that I would like to focus on today are the ones that mainly involve companies developing hydrogen and electrical battery powered systems for industrial applications. Of course, I will include a few others as well (geothermal and uranium). The companies mentioned may be developing tomorrows technology today. With oil, gas and diesel gas prices at all time highs, it makes sense to find alternative power sources. While the current crisis does not guarantee a shift to an energy alternative, it at least creates an interesting story which in turn, churns enough speculative juices which should lead to significant price appreciation on a majority of the stocks.

The Players at a glance: ABAT, BCON, FCEL, HEV, HTM, HYGS, RTK, QTWW, URZ, VLNC


Another interesting play: WPT.TO (develops natural gas engine alternatives)

Friday, June 27, 2008

Stock Picks and Trade Ideas for Friday

New Buy Candidates: ABAT


New Short Sale Candidates:


Add To:

Tuesday, June 24, 2008

Stock Picks and Trade Ideas for Tuesday

New Buy Candidates: HYGS


New Short Sale Candidates: None


Add To: IDSA, NTI

Sunday, June 22, 2008

Stock Picks and Trade Ideas for Monday

New Buy Candidates: None



New Short Sale Candidates: KNOL




Add To: AUTH (short)

Friday, June 20, 2008

Stock Picks and Trade Ideas For Friday

New Buy Candidates: PEGA, PESI


New Short Sale Candidates:


Add To:



Note: I will post picks in the morning. I have a few potential candidates that I have been carefully watching. They are starting to look good as buys so I may post them tomorrow. Of course, this all depends on how the market acts.

Technical Difficulties

Hey guys,


I apologize for the inconvenience, but my site is experiencing some technical difficulties. While, I will try to keep the regular flow of posts going (such as stock picks and trade ideas), I do have to let you know that their may be a few delays. If I do not get to post tomorrows picks in a timely manner, I apologize. As you can see, the links and blog roll has been accidentally deleted. I will try and have all of the links up and running ASAP.

Oil and Oil Stocks Slide While Tech Stocks Lead The Way...

All across the board, most of the oil stocks took a beating. Oil stocks such as PDO, MXC, ROYL, FPP and many others faced strong selling pressure from anxious retail investors looking to cash in a profit. On the flip side, the strength in the NASDAQ definitely helped out quite a few tech stocks. Many of these tech stocks experienced above average volume and institutional buying pressure. Some notable tech stocks include: AEHR, ANST, CVLT, FFIV, HGG, MPWR, MRVL, NZ, PEGA, PSEM, QCOM, UTSI, etc.

Thursday, June 19, 2008

Stock Picks and Trade Ideas for Thursday

New Buy Candidates:


New Short Sale Candidates:


Add To: DEJ, SATC




Note: New picks will be posted in the morning.

Wednesday, June 18, 2008

Stock Picks and Trade Ideas for Wednesday

New Buy Candidates: NTI (careful, its low float and has low daily trading volume)



New Short Sale Candidates:



Add To:



Note: I will post the new trade ideas and picks in the morning. Again, do not expect anything crazy as most of my picks will be add on positions.

Tuesday, June 17, 2008

Stock Picks and Trade Ideas for Tuesday

New Buy Candidates: MVIS


New Short Sale Candidates:


Add To: SATC, SCLD



Note: I mentioned MVIS as a potential buy candidate a few months ago (early April). To read my article/post and write up of MVIS, just type 'MVIS' in the search bar and it should come up. I do want to stress that this entry point is for early birds only. The stock is only begining to truly bottom and hence, it is still far from basing. Still, this is decent buy point if you want to get in early.

Saturday, June 14, 2008

Stock Picks and Trade Ideas for Monday

New Buy Candidates: None


New Short Sale Candidates: AUTH


Add To: None



Note: I'm leaning more towards the cautious side. AUTH is the only trade that I found suitable and it is a short sale candidate. An ideal entry point on this short position would be on an upside move (such as today).

Friday, June 13, 2008

Stock Picks and Trade Ideas for Friday

New Buy Candidates: AZC, DEJ, KND, PCTI, PMC, PRC, STAA, SYMX, URZ, USPH


New Short Sale Candidates:


Add To: ADK (careful, low volume trading), CHQ, CYTX, GST, HCKT, HUSA, NCOC, SATC, SNG, WTSLA




Note: GST and HUSA were rebought on 6/1/08

Thursday, June 12, 2008

Stock Picks and Trade Ideas for Thursday

New Buy Candidates:


New Short Sale Candidates: ULTR


Add To: SCLD


Watching: OCCF (looking for a better entry via dip.

Wednesday, June 11, 2008

Things Are About to Get Ugly...

I've been warning about this type of situation since the end of March. I remember telling readers that although we will see the markets moving up in the short term future, they would need to climb up above (and stay above) the 200 day MA in order to signal a bottom. All the major indices have tried this and have failed quite miserably. Based on the charts, I would look out for some more downside in the upcoming days and weeks. In fact, the DJIA will at least retest its levels near the 52 week low. If things get really hairy, watch for a new low to be placed in. I don't like trying to predict the future. I just like predicting trends. That is what I do and I am calling it like I see it. The truth is, the markets are finally in a primary downtrend. That's right. The overall trend is down for the U.S. markets. That means keep long positions to a minimum. I don't really like to short stocks but if there isn't anything to buy, I don't mind taking an occasional short. The bottom line is, be careful out there. Keep a little cash handy and wait for the opportunities to surface. Never chase an opportunity. Trust me, they always appear once the dust settles.

Stock Picks and Trade Ideas for Wednesday

New Buy Candidates: HEV, WPT.TO


New Short Sale Candidates:


Add To: AVAN, HEM.TO




Note: Both HEM.TO and WPT.TO trade on the TSX (Toronto Stock Exchange).

Tuesday, June 10, 2008

Stock Picks and Trade Ideas for Tuesday

New Buy Candidates: OMNI, SEAC, TVIN (bottom), VQ


New International Buy Candidate: HEM.TO (Hemisphere GPS)


New Short Sale Candidates:


Add To: AEHR, CDY, SATC, SCLD


Sold for Profit: QTWW (+98.5%)


Note: I may have a few more extra longs to add to the list. Check back tomorrow morning/noon for more updates.

Monday, June 09, 2008

Stock Picks and Trade Ideas for Monday

New Buy Candidates: IXYS (on a dip near the LOD), SQNM (rebuy-on a dip at low 11)



New Short Sale Candidates:



Add To:



Note: I will post the new long/short candidates tomorrow morning/noon. I apologize for the lack of posts (as well as email responses) but I have been very busy this week. I have recently started a part time job which requires a lot of my free time and energy. The decision to start a part time job was a difficult one but I did it in order to complement my new trading strategy. My new trading strategy requires me to hold positions for a longer period of time. This can be difficult when one needs to pay off bills in a timely manner. For instance, in the past, I would have to exit out of positions at a quicker pace since I depended on the trades as my primary source of income. With my part time job, I am able to hold onto key positions for a longer period of time without worrying about liquidating my position in order to my hastily pay a bill. This way, in the long run, I can concentrate on fully maximizing my gains and returns. Rest assured that this will not affect my dedication and commitment to this blog.

Thursday, June 05, 2008

Stock Picks and Trade Ideas for Friday

New Buy Candidates:


New Short Sale Candidates:


Add To:




Note: I will post the picks tomorrow morning/noon.

Update: Nothing good as of yet. Now is a good time to sit out and not over trade in the market.

Stock Picks and Trade Ideas for Thursday

New Buy Candidates: ACTL, MNTA, NR, OPTM, SYKE, SRI, STEC, TACT (rebuy)


New Short Sale Candidates:



Add To: AEHR, FINL, GNET, SATC


Sold for Profit: ROYL (+163.2%)


Sold for Loss:

Wednesday, June 04, 2008

Stock Picks and Trade Ideas for Wednesday

New Buy Candidates:


New Short Sale Candidates:


Add To:



Update: There aren't any new candidates for this morning. This of course may change if the situation improves. Check back later.

Tuesday, June 03, 2008

Stock Picks and Trade Ideas for Tuesday

New Buy Candidates: HKN (a bit extended but a good buy on a dip), LDL, SPDE


New Short Sale Candidates:




Add To: AEHR, CDY, HEK, NNBR, SATC

Sunday, June 01, 2008

Stock Picks and Trade Ideas for Monday

New Buy Candidates: HEK, KIRK, PAR, SCLD


New Short Sale Candidates:


Add To: AVAN (on a dip), BEAT, GNET, HCKT, QTWW, ROYL


Note: I will post the rest of the picks tomorrow morning/noon


Note: I will not have much time to post new buy candidates today. I have several errands to run. These will keep me tied up pretty much until the close. As for myself, I am busy buying back some of the oil/gas related stocks that I had recently sold. Most are forming pivot points and may be ready to for another leg up. For example, I will be looking at BEXP, GEOI, GST, GSX, HUSA, ICO, MXC, PDO, TGC, FPP and all the other favorites.

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