Stock Picks and Trade Ideas for Wednesday
New Buy Candidates: DNDN (on a dip)
New Short Sale Candidates:
Add To: APAC
Watching: ABG, ATCO, CAR, CHRS, DDRX, DIN, HMA,
Bottoming: SMTL
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.
New Buy Candidates: DNDN (on a dip)
New Short Sale Candidates:
Add To: APAC
Watching: ABG, ATCO, CAR, CHRS, DDRX, DIN, HMA,
Bottoming: SMTL
New Buys: AAN ( in at 32.33), FIRE (in at 10.73)
Added To: AIPC, ARST, HGG
Kicking myself for not buying: DNDN. I originally daytraded this one back in October of 2008. I should have rebought it when I noticed it on my charts in the first week of April. Hard to believe that the stock has moved so much in such a short time.
Watching: DDRX, DNDN, ONTY
Gold/Precious Metal, supermarket, food retail and restaurant stocks were today's biggest movers. Could this be a defensive posture for the market right before a big impact. Only time will tell.
Stocks to Watch
BNHNA, CBOU, CHUX, DDRX, HANS, JJSF, PFCB, SMRT, SNS, TAST
Flying High: ARST, CLRT, FIRE, SIGA, STAR, TIS (I own all except for FIRE and TIS. I am looking to buy FIRE and rebuy TIS).
New Buy Candidates: APAC, FIRE, ISTA
New Short Sale Candidates: GM( to 0??)
Add To:
New Buys: APAC (rebuy- in at 3.95) ), CLRT (2.50), EJ (in at 11.45), ISTA (in at 2.12), LFT (in at 22.82)
It's true. I am back and ready for some market action. Thankfully, it was a rather easy week for the market and I didn't have to place any new orders to buy or sell. I simply kept tabs on my positions. I was especially surprised to see how well RT performed. Also, TTM (in my long term portfolio) has performed above average as well. There are a few new stocks that I am keeping an eye on. Depending on how much time I have, I may or may not place any new buy orders. However, I will let you know which stocks I am interested in a bit later on in the day.
I will be on vacation this week. My destination is St. Kitts and Nevis. I'll be back and ready to resume blogging on April 13. I will let you know how the islands are, in case anyone is interested in traveling to that part of the Caribbean. Until then, take care and good luck!
-Nick M.
New Buy Candidates: APAC (rebuy on dip), ISLE, KIRK (wait for pullback), LNET, MIPS, PSTI, RT
New Short Sale Candidates:
Add To:
New Buys: CKSW (in at 3.86), RT (in at 3.45)