DPTR (Delta Petroleum Corp.) had a big run the last few days on no noticeable news. RSI is overbought, but MACD and Stochs look like there is still some upside available. Watch for signs of reversal on the intraday chart.
ICO (International Coal Group, Inc.) may be on the verge of a breakout if it can beat 9.78 although the real break is above 10.00. It's riding a big uptrend, but has had declining volume. Indicators are mid line as well so caution is advised.
EROC (Eagle Rock Energy Partners,L.P,) may reverse course soon. This may not occur this week, but it should be watched. Still has room to tag upper bollinger, but then a decline may ensure from there. MACD and price seem to be diverging. Just watch.
GLDD (Great Lakes Dredge & Dock Corporation) posted a bearish engulfing pattern. Confirmation is needed, but it may look to retest the recent low near 7.20. Look for a possible run to 7.65 with a dip following.
UTA (Universal Travel Group) has a recent golden cross and has bounced off the 50sma. Watch at the open and be wary of gaps up. Look for a pullback to previous close or the 50sma as long entries. A breach below the 50sma is a stop.
Watchlist 02/22/2011 Review
CMRE (Costamare Inc) would have netted a quick 3.5% gain on an entry below 16.80 and an exit at 16.26. An overnight trade.
KV.A (K-V Pharmaceutical Company) was sketchy but dropped from 9.50 to 7.42 a 21% gain!!!!
REV (Revlon, Inc.) went for 15.50 but only made it to 15.28. It then died going from 14.75 to 13.67 on Wednesday, a gain of 7%!!!!
SBGI (Sinclair Broadcast Group, Inc.) failed to break 13 and dipped from 12.98 to 11.86, a gain of over 8%!!!
USU (USEC Inc.) went from 5.70 to 5.15 which doesn't include the run up to 5.90. The dip was a 9% gain!!!
ELN (Elan Corporation, plc (ADR)) from the 50sma of 6.44 dipped to 6.14, a gain of over 4%!!!
FTK (Flotek Industries, Inc.) off the 20sma dipped from 6.78 to 5.82, a gain of 14%!!!
CSE (CapitalSource, Inc.) was null because it gapped down on Tuesday's open and never traded above the Friday low. It would have been a good short, but there was risk with the gap down.
The oil stocks were all dead plays which never ran. BPZ lost me some money as it dipped and I attempted to play a bounce. Lol
KV.A (K-V Pharmaceutical Company) was sketchy but dropped from 9.50 to 7.42 a 21% gain!!!!
REV (Revlon, Inc.) went for 15.50 but only made it to 15.28. It then died going from 14.75 to 13.67 on Wednesday, a gain of 7%!!!!
SBGI (Sinclair Broadcast Group, Inc.) failed to break 13 and dipped from 12.98 to 11.86, a gain of over 8%!!!
USU (USEC Inc.) went from 5.70 to 5.15 which doesn't include the run up to 5.90. The dip was a 9% gain!!!
ELN (Elan Corporation, plc (ADR)) from the 50sma of 6.44 dipped to 6.14, a gain of over 4%!!!
FTK (Flotek Industries, Inc.) off the 20sma dipped from 6.78 to 5.82, a gain of 14%!!!
CSE (CapitalSource, Inc.) was null because it gapped down on Tuesday's open and never traded above the Friday low. It would have been a good short, but there was risk with the gap down.
The oil stocks were all dead plays which never ran. BPZ lost me some money as it dipped and I attempted to play a bounce. Lol
Some Oil Stocks
Since oil might spike due to mid east issues.
GTE (Gran Tierra Energy Inc.) is an independent energy company engaged in oil and gas exploration, development and production. The Company owns oil and gas properties in Colombia, Argentina and Peru. @8.92 now. Has been riding the 20sma which it has just bounced off of. Buy with addition on move to 20sma, sell below 20sma.
AAV (Advantage Oil & Gas Ltd.) is an intermediate oil and natural gas exploration and production corporation with properties located in Western Canada. @7.78 now. Has bounced off the 13ema. Buy with dips to 13ema sell on dip below 13ema.
BPZ (BPZ Resources, Inc.) is an independent oil and gas company focused on the exploration, development and production of oil and natural gas in Peru and Ecuador. @6.52 now. This looks overbought so caution is advised.
GTE (Gran Tierra Energy Inc.) is an independent energy company engaged in oil and gas exploration, development and production. The Company owns oil and gas properties in Colombia, Argentina and Peru. @8.92 now. Has been riding the 20sma which it has just bounced off of. Buy with addition on move to 20sma, sell below 20sma.
AAV (Advantage Oil & Gas Ltd.) is an intermediate oil and natural gas exploration and production corporation with properties located in Western Canada. @7.78 now. Has bounced off the 13ema. Buy with dips to 13ema sell on dip below 13ema.
BPZ (BPZ Resources, Inc.) is an independent oil and gas company focused on the exploration, development and production of oil and natural gas in Peru and Ecuador. @6.52 now. This looks overbought so caution is advised.
Watchlist 02/22/2011
CMRE (Costamare Inc) looks overbought. Will be watching for reversal confirmation. Earnings was the 17th and the following day, friday had little price movement. Is this done? Look for a dip below fridays low. This could definitely see a pullback on some profit taking which can be played for a quick short play then a long play on the dip.
KV.A (K-V Pharmaceutical Company) Watch for a pullback on profit taking. Risky play as this stock is hot right now.
REV (Revlon, Inc.) popped on solid earnings, but could see a dip soon. This could see 15.5 then die.
SBGI (Sinclair Broadcast Group, Inc.) could dip to about 12.5 Look for a dip below the previous days low.
USU (USEC Inc.) looks like it may have more downside. Bearish engulfing showing, A/D look overbought, closed below the 50sma. With market mid east jitters this could dip.
ELN (Elan Corporation, plc (ADR)) showing a triple top/hs pattern on increasing volume to the downside. 50sma held, but with market weakness this could breakdown. Also it is testing support again!! Look for a dip below the 50sma. The only strong bullish indicator is the Golden Cross. A run above the previous day's high could be a buy. Aren't I schizo.
FTK (Flotek Industries, Inc.) bearish engulfing. A/D overbought, MACD coming off high levels. Look for a run below the 20sma.
CSE (CapitalSource, Inc.) has more downside. Look for a move below the previous close and a dip to around 7.61.
KV.A (K-V Pharmaceutical Company) Watch for a pullback on profit taking. Risky play as this stock is hot right now.
REV (Revlon, Inc.) popped on solid earnings, but could see a dip soon. This could see 15.5 then die.
SBGI (Sinclair Broadcast Group, Inc.) could dip to about 12.5 Look for a dip below the previous days low.
USU (USEC Inc.) looks like it may have more downside. Bearish engulfing showing, A/D look overbought, closed below the 50sma. With market mid east jitters this could dip.
ELN (Elan Corporation, plc (ADR)) showing a triple top/hs pattern on increasing volume to the downside. 50sma held, but with market weakness this could breakdown. Also it is testing support again!! Look for a dip below the 50sma. The only strong bullish indicator is the Golden Cross. A run above the previous day's high could be a buy. Aren't I schizo.
FTK (Flotek Industries, Inc.) bearish engulfing. A/D overbought, MACD coming off high levels. Look for a run below the 20sma.
CSE (CapitalSource, Inc.) has more downside. Look for a move below the previous close and a dip to around 7.61.
Watchlist 02/14/11 Review Two
WATG (Wonder Auto Technology Inc.) was good on the first two days but for a small gain of around 3%.
OCNF (OceanFreight Inc.) was great on the 11th, but never ran since then. This is still cheap here and may run soon. However for the week this play was dead flat.
NEP (China North Petroleum Holdings LTD.) was a big winner which ran from 4.80 to 5.52 a gain of 13%!!!
JAG (Jaguar Mining Inc.) was another winner, running from 5.20 to 5.56, a gain of over 6%!!!
CAGC (China Agritech Inc.) never moved above the high of the 11th so it was never in play. It was a good play off the low on the 16th.
APP (American Apparel Inc.) never traded above 1.18. The gap open on the 16th was a trap which is why I don't like to play gaps.
AOI (Alliance One Intl Inc.) had a strange week. Monday was the best day with dips the rest of the week then a strong finish on Friday. This could still run above 3.65. Was a possible 3% gain on Monday.
OCNF (OceanFreight Inc.) was great on the 11th, but never ran since then. This is still cheap here and may run soon. However for the week this play was dead flat.
NEP (China North Petroleum Holdings LTD.) was a big winner which ran from 4.80 to 5.52 a gain of 13%!!!
JAG (Jaguar Mining Inc.) was another winner, running from 5.20 to 5.56, a gain of over 6%!!!
CAGC (China Agritech Inc.) never moved above the high of the 11th so it was never in play. It was a good play off the low on the 16th.
APP (American Apparel Inc.) never traded above 1.18. The gap open on the 16th was a trap which is why I don't like to play gaps.
AOI (Alliance One Intl Inc.) had a strange week. Monday was the best day with dips the rest of the week then a strong finish on Friday. This could still run above 3.65. Was a possible 3% gain on Monday.
Watchlist 02/14/11 Review
WATG (Wonder Auto Technology Inc.) looks like it still has more upside if support of 6.75 can hold. This dip can be a good buying opportunity.
OCNF (OceanFreight Inc.) might run soon. Stock is oversold. Shoulda, coulda at .80. May pick this up here at .82 for a hopeful run.
NEP (China North Petroleum Holdings LTD.) looks great. See my review below, but this has more upside. It can see a dip tomorrow, but the trend is up.
JAG (Jaguar Mining Inc.) had a great couple of days as well. It has more upside. There may be a dip soon, but the trend is your friend.
CAGC (China Agritech Inc.) looks like 9..20 held. This looks oversold and ready for a move to the upside. I will be watching for some kind of signal of a reversal, maybe a Doji or bullish engulfing. So this play may not be ready until Monday.
APP (American Apparel Inc.) doesn't look like it will come to fruition. The play above 1.18 never came. Ignoring this.
AOI (Alliance One Intl Inc.) had a nice run Monday, but died today. This doesn't look good here and will be staying away. Glad I missed the play yesterday.
OCNF (OceanFreight Inc.) might run soon. Stock is oversold. Shoulda, coulda at .80. May pick this up here at .82 for a hopeful run.
NEP (China North Petroleum Holdings LTD.) looks great. See my review below, but this has more upside. It can see a dip tomorrow, but the trend is up.
JAG (Jaguar Mining Inc.) had a great couple of days as well. It has more upside. There may be a dip soon, but the trend is your friend.
CAGC (China Agritech Inc.) looks like 9..20 held. This looks oversold and ready for a move to the upside. I will be watching for some kind of signal of a reversal, maybe a Doji or bullish engulfing. So this play may not be ready until Monday.
APP (American Apparel Inc.) doesn't look like it will come to fruition. The play above 1.18 never came. Ignoring this.
AOI (Alliance One Intl Inc.) had a nice run Monday, but died today. This doesn't look good here and will be staying away. Glad I missed the play yesterday.
NEP (China North East Petroleum Hldng Ltd.) Trade
NEP (China North East Petroleum Hldng Ltd.) had a nice run from yesterday. I missed this effing trade because I didn't like the gap up at the open yesterday. I also failed to notice the strong close yesterday above the previous day's high which would have been a buy signal. Live and Learn. Left about 5$ on the table there.
AAV (Advantage Oil & Gas Ltd.) Trade
AAV (Advantage Oil & Gas Ltd.) didn't run as expected. I was looking for a significant run above 7.75 which never happened. Exited at 7.78 flat.
WATG (Wonder Auto Technology, Inc.) Trade
WATG (Wonder Auto Technology, Inc.) couldn't break 6.95 yesterday or today so I sold at 6.88 for a 4% gain. Will keep on watch but it is in a slight downtrend.
JAG (Jaguar Mining Inc.) Trade
JAG (Jaguar Mining Inc.) had a nice run today and I sold at 5.45 for a quick 3% gain. I think this has more upside, but I expect a dip and may buy in again. Secured gains since Obama opened his mouth.
Watchlist 02/14/11
WATG (Wonder Auto Technology Inc.) formed a morning star. Indicators show it is oversold. Jumped in and looks good so far. Using trailing stops here. Can see a quick run to 7.03.
OCNF (OceanFreight Inc.) bounced off recent lows. Can trade easily above the 10sma. Looks like a buy. Indicators show it is oversold. It may base for a while, but this is a good low here. Buy on the dips. Check the 1year chart.
NEP (China North Petroleum Holdings LTD.) posted a harami, but confirmation strength is not there. Will watch for a move above Friday's high. There may be more downside so caution is advised.
JAG (Jaguar Mining Inc.) posted a bearish thrusting pattern. Watch for more weakness.
CAGC (China Agritech Inc.) looks like tweezer bottoms. RSI and Stochs look bullish. Posted a red candle on Friday, but 9.45 support held. Look for a dip to Thursdays low, 9.00, any dip below that may be extremely bearish.
APP (American Apparel Inc.) at the 10sma looks good since support held. Trading over 1.18 can run. MACD crossover RSI oversold.
AOI (Alliance One Intl Inc.) bullish engulfing pattern. RSI coming off oversold levels, Stochs about to crossover, MACD may reverse. May push to mid bollinger line. Looks cheap here. Friday was weak but lower bollinger held. Can reverse here for a quick gain.
OCNF (OceanFreight Inc.) bounced off recent lows. Can trade easily above the 10sma. Looks like a buy. Indicators show it is oversold. It may base for a while, but this is a good low here. Buy on the dips. Check the 1year chart.
NEP (China North Petroleum Holdings LTD.) posted a harami, but confirmation strength is not there. Will watch for a move above Friday's high. There may be more downside so caution is advised.
JAG (Jaguar Mining Inc.) posted a bearish thrusting pattern. Watch for more weakness.
CAGC (China Agritech Inc.) looks like tweezer bottoms. RSI and Stochs look bullish. Posted a red candle on Friday, but 9.45 support held. Look for a dip to Thursdays low, 9.00, any dip below that may be extremely bearish.
APP (American Apparel Inc.) at the 10sma looks good since support held. Trading over 1.18 can run. MACD crossover RSI oversold.
AOI (Alliance One Intl Inc.) bullish engulfing pattern. RSI coming off oversold levels, Stochs about to crossover, MACD may reverse. May push to mid bollinger line. Looks cheap here. Friday was weak but lower bollinger held. Can reverse here for a quick gain.
Recent Trades
BPZ (BPZ Resources Inc.) was shorted at &6 and covered at $5.70 for a gain of 6% in a few days. there was more downside to this but the 10sma proved to be a strong support area.
DBLE (Double Eagle Petroleum and Mining Co.) was entered too soon and I needed to average up to $10.65 where I covered at $9.30 for a 12% gain overnight. There was a lot more downside, but stock was very volatile and I didn't like the risk.
BPFH (Boston Private Financial Holdings Inc.) was entered long at $7 and was sold at $7.15 for a 2% gain. The stock is not really moving. There is more upside, but I am bored.
DBLE (Double Eagle Petroleum and Mining Co.) was entered too soon and I needed to average up to $10.65 where I covered at $9.30 for a 12% gain overnight. There was a lot more downside, but stock was very volatile and I didn't like the risk.
BPFH (Boston Private Financial Holdings Inc.) was entered long at $7 and was sold at $7.15 for a 2% gain. The stock is not really moving. There is more upside, but I am bored.
Watchlist 02/08/1
HRTE (Here Enterprises Inc.) could be a buy if the 10sma of .49 holds. It was a good support level before and may be a good support level now. A/D show oversold levels. MACD looks ready for a bullish signal cross.
AEMD (Aethion Medical) looks like a buy above the 10sma of .174. A/D looks overbought while RSI looks oversold. This will be interesting to watch for a breakout.
EMKR (Emcore Corp.) looks ready for a pullback. The pullback may not be significant, so this may be a quick scalp on the day. This could see 2 or above with a pullback to follow. All signals look overbought.
ATEC (Alphatec Holdings Inc.) looks oversold. The 20sma held today and this could now run in the upper bollinger range where the upper line is at 2.79.
PLM (Polymet Mining Corp.) pulled back and support held at 2.22 where the stock posted a low of 2.25 and bounced. It closed at 2.32 but posted a bearish engulfing. Look for this to test the 20sma again, but if that breaks the 50sma is right behind it at 2.18. The stock is in a slight uptrend so a bounce is possible.
BPFH (Boston Private Financial Holdings Inc.) I had on alert for a cross above 6.98. It pushed to 7.25 today with a close at 7.16. This may pullback a little, but indicators show more upside.
APRI and SNV from my twitter calls, look great. Both are up today and have more upside.
AEMD (Aethion Medical) looks like a buy above the 10sma of .174. A/D looks overbought while RSI looks oversold. This will be interesting to watch for a breakout.
EMKR (Emcore Corp.) looks ready for a pullback. The pullback may not be significant, so this may be a quick scalp on the day. This could see 2 or above with a pullback to follow. All signals look overbought.
ATEC (Alphatec Holdings Inc.) looks oversold. The 20sma held today and this could now run in the upper bollinger range where the upper line is at 2.79.
PLM (Polymet Mining Corp.) pulled back and support held at 2.22 where the stock posted a low of 2.25 and bounced. It closed at 2.32 but posted a bearish engulfing. Look for this to test the 20sma again, but if that breaks the 50sma is right behind it at 2.18. The stock is in a slight uptrend so a bounce is possible.
BPFH (Boston Private Financial Holdings Inc.) I had on alert for a cross above 6.98. It pushed to 7.25 today with a close at 7.16. This may pullback a little, but indicators show more upside.
APRI and SNV from my twitter calls, look great. Both are up today and have more upside.
Watchlist 02/07/11
HPGS being pumped by IL.
ATEC 2.50 off the 50ma to run above 2.60. A/D is showing signs of being oversold. RSI and MACD are in mid line.
EMKR can pullback to 1.65 or lower. 1.65 may be a good entry to play the uptrend.
BZ if it can break 8.97 then a pullback to 8.84 is possible for a play on the uptrend.
PLUG is in a nice uptrend but can pullback to .71. Exit on a significant gap down or signs of weakness. Let's hope for a little spike before a dip.
DBLE looks ready to drop. Let's hope for a dip below 10. May spike to 11, but it looks ready to die.
TLB looks officially oversold. A/D is displaying signs of being oversold. It has made a new low. So let's hope it reverses.
PLM for a continued push above 2.45
FRZ riding right above the 20sma. It's in a nice uptrend watch for a puch below friday's low for an entry to play the uptrend.
HRTE being pushed by bw. Support at .04 or a push above the 10sma of .051 can run. A/D is showing oversold levels and some basing.
ATEC 2.50 off the 50ma to run above 2.60. A/D is showing signs of being oversold. RSI and MACD are in mid line.
EMKR can pullback to 1.65 or lower. 1.65 may be a good entry to play the uptrend.
BZ if it can break 8.97 then a pullback to 8.84 is possible for a play on the uptrend.
PLUG is in a nice uptrend but can pullback to .71. Exit on a significant gap down or signs of weakness. Let's hope for a little spike before a dip.
DBLE looks ready to drop. Let's hope for a dip below 10. May spike to 11, but it looks ready to die.
TLB looks officially oversold. A/D is displaying signs of being oversold. It has made a new low. So let's hope it reverses.
PLM for a continued push above 2.45
FRZ riding right above the 20sma. It's in a nice uptrend watch for a puch below friday's low for an entry to play the uptrend.
HRTE being pushed by bw. Support at .04 or a push above the 10sma of .051 can run. A/D is showing oversold levels and some basing.
ELN (Elan Corp. PLC) Trade
ELN (Elan Corp. PLC) was already played. However today it broke the 6.68 support level I mentioned earlier and died!!! A short at 6.68 could have seen a quick 3+% gain. There is more downside if this can break the near support of 6.34 which would lead to support at the 50 ma of 6.09 or so.
DENN (Denny's Corp.) Trade
DENN (Denny's Corp.) made a move above 3.80 on the 1st and closed at 3.89. On the 2nd it touched 4$ but closed at 3.86. Profits could have been taken today for a little over 6%. However, this is trading in a channel and may see more upside.
Watchlist 02/03/11
EXTR (Extreme Networks Inc.) posted an interesting doji candle after a large upswing the previous day. Will be watching for a short opportunity here. A significant dip below yesterday's close should be a good short entry. Market strength may also help since news may affect the markets negatively.
DHY (Credit Suisse High Yield Bond Fund)looks interesting. A/D Indicators shows it is oversold while RSI shows it is overbought. Volume was strong today and a new 52 high has been reached. Is this ready for a breakout? Let's watch and see. It is quite possible it pulls back tomorrow due to a slow market. It is also an AMEX stock which rarely run. lol
BPZ (BPZ Resources Inc.) posted a nice red candle. Selling volume was high, RSI is overbought, A/D is high, and it is trading outside the bollinger bands which means it should snap back. With market weakness this can see a significant dip. Looking for a short entry below today's close (around 6$).
DHY (Credit Suisse High Yield Bond Fund)looks interesting. A/D Indicators shows it is oversold while RSI shows it is overbought. Volume was strong today and a new 52 high has been reached. Is this ready for a breakout? Let's watch and see. It is quite possible it pulls back tomorrow due to a slow market. It is also an AMEX stock which rarely run. lol
BPZ (BPZ Resources Inc.) posted a nice red candle. Selling volume was high, RSI is overbought, A/D is high, and it is trading outside the bollinger bands which means it should snap back. With market weakness this can see a significant dip. Looking for a short entry below today's close (around 6$).
NOK (Nokia Corp.) Trade
NOK (Nokia Corp.) took off today after gapping up. I wasn't worried too much about a pullback since I was long from 10.70. The stock traded to 11.46 today. That's a 7.5% gain from my entry!! I exited half at 10.38 and will see how this plays out the rest of the week. Any big push below today's close and I may exit ad look to re-enter if momentum picks back up. The chart is still showing upside potential. However, trading sideways is not out of the question at these levels.
Review of 02/01/11
All picks from the 1st were up or unchanged. Even FORM (FormFactor Inc.) traded up even though I thought it had downside left (note it did trade significantly lower in the pre-market).
Overall a great day. I hope people out there made some money.
Overall a great day. I hope people out there made some money.
BPZ (BPZ Resources Inc.) Trade
BPZ (BPZ Resources Inc.) ran above 6 today. I exited at 6.01 for a small loss. This thing even gapped up but never lost ground. Shoulda, woulda, coulda the day before.
ELAN (Elan Corp. PLC) trade
ELAN (Elan Corp. PLC) was entered at 6.73. Today's gap up had me concerned and as the stock showed weakness I exited at 6.85 for around a 2% gain. Nothing major. This still hasn't hit the stop loss and I believe it can still run to the upside. I just took the money and played other runners today.
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