Episodic Pivots | stockbee


Episodic Pivots

When programs kick in, they can create wild moves. Some of the action today clearly smelled of program buying at work.Some moves are old fashioned, red hot momentum on low float stocks.
There are couple of good moves in the list, where the moves are just beginning and the stocks have clear earnings catalyst. The blowout moves in some stocks at the top of the range are also worth getting in to with tight stop, strictly for short term trade.
Anyway in such a momentum blowout , tight stops is ideal, because if a stock can not make a move in such market conditions, there are better uses for your capital.

AACC,Asset Acceptance Capital Corp (Google  Yahoo  Earnings  Chart
AMZN,Amazon.Com Inc (Google  Yahoo  Earnings  Chart
ATAC,Aftermarket Tech Corp (Google  Yahoo  Earnings  Chart
BDSI,Biodelivery Sciences Intl Inc (Google  Yahoo  Earnings  Chart
BHI,Baker Hughes Inc (Google  Yahoo  Earnings  Chart
BTJ,Bolt Technology Corp (Google  Yahoo  Earnings  Chart
CHAP,Chaparral Steel Company (Google  Yahoo  Earnings  Chart
CHRW,C.H. Robinson Worldwide (Google  Yahoo  Earnings  Chart
DCBK,Desert Community Bank (Google  Yahoo  Earnings  Chart
DXPE,Dxp Enterprises Inc (Google  Yahoo  Earnings  Chart
FONRD,Fonar Corp (Google  Yahoo  Earnings  Chart
IDSA,Industrial Svcs Of Amer (Google  Yahoo  Earnings  Chart
KTO,K2 Inc (Google  Yahoo  Earnings  Chart
LQDT,Liquidity Services (Google  Yahoo  Earnings  Chart
MBLX,Metabolix Inc (Google  Yahoo  Earnings  Chart
MCF,Contango Oil & Gas (Google  Yahoo  Earnings  Chart
NCX,Nova Chemicals (Google  Yahoo  Earnings  Chart
OSG,Overseas Shipholding Grp (Google  Yahoo  Earnings  Chart
PRAA,Portfolio Recovery Assoc (Google  Yahoo  Earnings  Chart
QPSA,Quepasa Corporation (Google  Yahoo  Earnings  Chart
RVBD,Riverbed Technologies Inc (Google  Yahoo  Earnings  Chart
TDY,Teledyne Technologies (Google  Yahoo  Earnings  Chart
TFSM,24/7 Real Media Inc (Google  Yahoo  Earnings  Chart
TSO,Tesoro Corp (Google  Yahoo  Earnings  Chart
WIRE,Encore Wire Corp (Google  Yahoo  Earnings  Chart
XNPT,XenoPort Inc (Google  Yahoo  Earnings  Chart


JS said...

Can you identify tho stocks which you say are likely to have "good moves"? From among this list what criteria do you use to make the picks? And when do you buy them- same day a you post it or the next day? Normally your list is out before the market closes.

Pradeep Bonde said...

What do I look for in Episodic Pivot (EP)
1 Earnings
2 Earnings momentum IBD ratings of 75 plus
3 Sales acceleration
4 Sector move
5 Insider buying
6 New orders
7 Biotech/drug approval

So catalyst might be either of these. What I am mostly looking for is first EP in 52 week. Also it should preferably be on neglected stock and usual stuff like float.

I am looking at eliminating the weak catalyst ones, take the strong

I buy both intra day and next day.

RVBD was one which I identified in the morning.
You can use above criteria to select stocks.

JS said...

You have 7 criteria to select from among the EP. You also mention, to ignore the weak catalysts, and focus on strong. Since this is subjective can the list it self be further narrowed, so it is easy to pick from a few. Like I said you had 23 on your list today. Thanks

Pradeep Bonde said...

1 Different market phases different things work.Narrowing it down will not help much.

2 You do not get so many candidates on most days. Yesterday was aberration.

3 I have said before EP is discretionary system, so difficult to replicate my thinking. If you trade it over a long period you get a feel for it.

4 There are reason I do not narrow it down, as entry in the low float ones in morning is competitive sports.