Episodic Pivots

April 25, 2007

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) 

4 comments :

  1. UnknownApr 25, 2007, 8:54:00 PM

    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.

    ReplyDelete
  2. Pradeep BondeApr 25, 2007, 9:08:00 PM

    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
    ones.

    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.

    ReplyDelete
  3. UnknownApr 25, 2007, 9:20:00 PM

    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

    ReplyDelete
  4. Pradeep BondeApr 26, 2007, 6:47:00 AM

    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.

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