Sunday, May 12, 2013

Ones to Watch for the Upcoming Week

Here are some names for early in the week.  Market timing signal is bullish but things are still extended and I have the sense that the market could take a dump at a moment's notice so be careful.   A one-day shakeout would not surprise me at all.

ANGI
CIMT
CZR
KERX
LVNTA
MHO
PCYC
SCMP
TASR
All Charts from TC2000, Courtesy of Worden Brothers, Inc.

Thursday, May 9, 2013

Some Pullback Plays Setting Up Here

The market is still extended a bit here, with today's lower close being the first in five sessions for the Nasdaq, but I saw quite a few nice consolidations in individual stocks tonight in the scans.  Many of these have pulled back into previous breakout/support areas that provide low-risk entry points in most cases.  I am still somewhat scared of breakout buying too as I have had no luck with it throughout this year, so perhaps buying some pullbacks will give me better luck.

ACAD
ANGI
CSIQ
CZR
ECYT
 INSM
RPXC
YELP

A few other setups that I found interesting are below, though none are "pullbacks.

NFLX
TASR
LOCK
All Charts from TC2000, Courtesy of Worden Brothers, Inc.

One nice thing about all of the above charts is that according to my ThinkorSwim data, none have earnings in the upcoming week or two.   One less thing to worry about.   Good luck.

Sunday, April 28, 2013

Some Potential Setups for Next Week

I did not check earnings dates on these names yet so as always, please do your homework.  Market is still in a choppy and volatile range as well so it's not like we have an "all clear" sign yet.  Be careful.

ACAD
BLOX
HEES
LOCK
OPTR
PCYC
RJET
RMD
SNTA
All Charts from TC2000, Courtesy of Worden Brothers, Inc.