Archive for December, 2009

Stock Breakout Of The Day - CLW

Index
Close
Change
% Change
Trend

Dow Jones
10332.82
+24.18
+0.23%
SIDEWAYS

S&P 500
1102.56
+6.48
+0.59%
SIDEWAYS

Nasdaq
2211.69
+31.64
+1.45%
SIDEWAYS

Russell 2000
610.57
+6.32
+1.05%
SIDEWAYS

Why do I have ‘Breakout Of The Day’ post? Why buy stock at new highs and sell higher?
I have a simple answer to this questions: Lets say a stock is trading at $50, which happens to be the new highs for the stock. Now, how can the stock go [...]


Stock Breakout Of The Day - AMSC

Index
Close
Change
% Change
Trend

Dow Jones
10441.12
-10.88
-0.10%
SIDEWAYS

S&P 500
1109.18
+1.25
+0.11%
SIDEWAYS

Nasdaq
2206.91
+5.86
+0.27%
SIDEWAYS

Russell 2000
611.21
+4.90
+0.81%
SIDEWAYS

FYI, I own a small “pilot” position in AMSC bought on breakout at 36.85. If the market confirms its uptrend, I’ll add to it.
Trading Addicts.


Stock Breakout Of The Day - VISN

Index
Close
Change
% Change
Trend

Dow Jones
10452.00
-49.05
-0.47%
SIDEWAYS

S&P 500
1107.93
-6.18
-0.55%
SIDEWAYS

Nasdaq
2201.05
-11.05
-0.50%
SIDEWAYS

Russell 2000
606.31
-3.48
-0.57%
SIDEWAYS

Chinese small caps remains the theme of the current market. So here a small-cap play, you might want to keep on your watchlist:

Next 2 weeks should not be of any concerned as far as the bearish sentiment goes. But watch out for January. Another reason I’m concerned is because financials [...]


Watchlist For Santa’s Rally

Symbol
Trigger Price
Reason

 
 
 

ASPS
17.60
Nice looking long base

BUCY
55.10
Extended from 50 DMA. Needs to pullback a little here

CAGC
21.10
Broke out on 12/1/2009 on huge volume

CLW
51.90
Long 3 months base

CML
22.60
Moving sideways after breaking out on volume

CREE
48.75
Broke out on 12/1/2009 on good volume

CRM
66.00
Sideways above 50 DMA

CTRP
73.00
Acting real strong after breaking out

CYD
12.25
Chinese play gaining momentum after breaking out

DGW
43.00
Chinese play on clean water. Forming a [...]