Ten Ideas
There is no stock in ten ideas today. There are lots of other opportunities in the lists. Some of the best entries on them were intra day.
The market continues to offer no advantage to bulls or bears. There is no follow through on either side. It looks like we are setting up for a Santa Clause rally. Which stocks will participate in that rally is the key. You have to be ready for quick action in case such rally materialises.
Opportunities in markets are ephemeral, you must act on them immediately or they disappear. That is why you should look at the various lists in advance, especially the top momentum lists. You have to keep eye on all in that list which have narrow range or negative days for possible entries. If you are day trader or short term trader, you should find 3 good 1 dollar to 5 dollar opportunities in it most of the day. Occasionally you get 25% plus kind of mover like SOFO in the list.
The extended lists which I will post on Friday/ Saturday are meant for that. You should be ready with your research so that when opportunities come you can act quickly. To some opportunities you can react, to some you know in advance what is likely to happen.
Number of stocks on yesterday's lit were triggered some time ago like SOFO, TS, CPA, BKE, LEAP, MEH, etc. So they offered even better entries earlier. Out of the list ATML meets lot of criteria and might make a move upwards of 20% in next 6 -12 months but it has very large float of 429 million.But for long term holders, it might be good stock to own. PGLA is also high probability play but the best entry on it was yesterday.
The only feedback, I have got so far is to not put stock below 5 in the list. Which is suggestion from one of the reader. So I will restrict the list to above 5 only.
The market continues to offer no advantage to bulls or bears. There is no follow through on either side. It looks like we are setting up for a Santa Clause rally. Which stocks will participate in that rally is the key. You have to be ready for quick action in case such rally materialises.
Opportunities in markets are ephemeral, you must act on them immediately or they disappear. That is why you should look at the various lists in advance, especially the top momentum lists. You have to keep eye on all in that list which have narrow range or negative days for possible entries. If you are day trader or short term trader, you should find 3 good 1 dollar to 5 dollar opportunities in it most of the day. Occasionally you get 25% plus kind of mover like SOFO in the list.
The extended lists which I will post on Friday/ Saturday are meant for that. You should be ready with your research so that when opportunities come you can act quickly. To some opportunities you can react, to some you know in advance what is likely to happen.
Number of stocks on yesterday's lit were triggered some time ago like SOFO, TS, CPA, BKE, LEAP, MEH, etc. So they offered even better entries earlier. Out of the list ATML meets lot of criteria and might make a move upwards of 20% in next 6 -12 months but it has very large float of 429 million.But for long term holders, it might be good stock to own. PGLA is also high probability play but the best entry on it was yesterday.
The only feedback, I have got so far is to not put stock below 5 in the list. Which is suggestion from one of the reader. So I will restrict the list to above 5 only.
Posts
16 comments:
BA = short
Looks like Santa is on move. I like RBAK.
That's what I have been saying. The next big move in QQQQ would be up and BIG. My QQQQ calls bought yesterday for 15/contract are selling at 45/50 per contract right now.
You have to be ahead of the curve. In these markets sometimes waiting for confirmation introduces too much risk into the trade.
This rally has been setting up for days. The options premium on implied volatility almost never lies.
f - good call - we'll see if it follows thru... agree - have to be ahead
Days like these normaly end at top of the range. The traps are always well planned.
RBAK is gap above MA200
PGLA might be offering low risk entry here. But it is very speculative.
ALXA long
AKAM doesnt stop
Maybe it's just me, but I have not seen very many stocks like PLCM attacking old highs.
PLCM looks good but volume kinda weak
I don't mean PLCM as a play. I mean I find it odd that not many stocks with this one as an exception are currently challenging their old bubble highs. Not much breadth but the bull continues.
I'm not sure if you want to look at STEC as a short candidate. Twice it's already failed over the years at these levels.
STEC very interesting - def one to watch for breakout or failure
Pradeep, did you catch the dip in BLFY?
They skipped over my bid.
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