Tuesday, June 21, 2016

Swing Watchlist 6/22/16

The only swing set up I am trading is a high volume breakout with a pullback to the breakout area within 3 days risking $500.

SGY - 8.22  - Base breakout on high volume.  Buy at 7.05 - Stop 6.70.
Average Volume - 650K
RVOL today - 8.20 - 5.3M
ATR - 1.17
FS% - 0

ETE - 14.32 - Breakout on high volume.  Buy 13.30 stop under 13.
Average Volume - 16.65M
RVOL today - 2.48 - 42M
ATR - .85
FS% - 6.05%

AMD - 5.45 -  Breakout on high volume.  Buy 5.10 stop under 5.00.
Average Volume - 20.5M
RVOL today - 1.75 -= 35.8M
ATR - .27
FS% - 11.57%









Tuesday, June 14, 2016

Watchlist 6/14/16

Big Picture 14-Jun-2016
market set to open lower below 208 support. we are now short term oversold so could bounce. the amount the VIX has moved up is way out of line w/ the market move thus far but people could be anticipating more fireworks as polling data indicate strong chance for GBR to exit EU....

stocksupportresistanceinflexionnotestrading plan
bidu149-150158-160lowered guidance
baba76, 77.5077.5-78analyst day. pos reaction so far

stocksupportresistanceinflexionnotestrading plan
msft49.50, 5050.50, 51sold off on lnkd buy. bounce in morning
vrx23.8024.2, 24.5, 25bounced off recent support area
twtr14.5, 14.6515, 15.2in play on lnkd takeout
swhc22, 22.623.5, 2423sold in morning. then nothing.

Watchlist 6/13/16

Big Picture 13-Jun-2016
market set to open lower following friday's sell off. ideally the SPY would test 209 support from past few weeks.

stocksupportresistanceinflexionnotestrading plan
msft49, 49.550, 50.50, 51buying lnkd. 40bln buyback will proceed.
agio52, 52.6055, 56good phase II. upgrades.
vrx23.80-2425, 25.50new ceo bought 200k shares
twtr14, 14.20-14.3015, 15.5lnkd takeover puts it in play
swhc22, 22.3523.30-23.50, 24reaction to Orlando

stocksupportresistanceinflexionnotestrading plan
urbn2626.40accumulated all day after guide down
nflx93-93.2094.60, 95coming into key support

Watchlist 6/10/16

Big Picture 10-Jun-2016

stocksupportresistanceinflexionnotestrading plan
urbn23.90, 24.25, 25-25.4026, 27quides down for Q2
myl43.545.5wfc report
ar28.529-29.2526.75mln share 2ndy $28.50
wnr20.702221jpm downgrade


stocksupportresistanceinflexionnotestrading plan
bby28.730.50, 30.75below 30
rhnone28.50, 29closed below 28.5
evhc27, 27.6028.5

Thursday, June 9, 2016

Watchlist 6/9/16

Big Picture 9-Jun-2016
market set to open lower following Europe. yesterday were new highs for both SPY & IWM for 2016.

stocksupportresistanceinflexionnotestrading plan
rh28.50prmkt29.4, 30, 30.35guides down small on REV & big EPS. expense problem
evhc26, 2728, 30in discussions to merge with amsg
fran10.4011lowered guidance slightly. had already pre-announced
scty22, 2324, 24.6024upgrade at Baird
swks6667.80-68downgrade to sell at C

stocksupportresistanceinflexionnotestrading plan
lulu70, 70.5072very strong reaction to earnings. new 2016 high
pay20.50, 21-21.3022strong bounce in afternoon
lc4.4, 4.54.8, 5hammered on open then gring back to key 4.50 area

Watchlist 6/8/16

Big Picture 8-Jun-2016
market set to open slightly higher but inside yesterday's range. oil continues to make new highs for 2016...

stocksupportresistanceinflexionnotestrading plan
pay20??20.80, 21.50lowered guidance 30%. not so good
lulu68, 6970, 71solid #s. but just had big run into earnings
lc4.85, 5takeover target?
play43, 43.3044.30prmktraised guidance
gevo.90-1.01.5, 1.80-2alcohol jet fuel

stocksupportresistanceinflexionnotestrading plan
vrx2425-25.50very strong bounce
alxn137139dropped LT support but closed above
srpt19, 19.2520-20.2sold off most of day
tsla230-231235, 238-240strong on hf billionaire comments

Watchlist 6/7/16

Big Picture 7-Jun-2016
market gapping higher this morning continuing the slow grind higher...

stocksupportresistanceinflexionnotestrading plan
vrxnone24.5, 25, 26new CEO lowered guidance a lot.
biib256, 260267, 271phase II non bueno...
alxn137-138146, 150drug trial missed primary endpoint but hit some 2ndys
z3033.60tech break ystdy. positive settlement today
srpt19, 2023.2, 24fda asked for more data. viewed as positive.

stocksupportresistanceinflexionnotestrading plan
abbv6263, 64weak most day. small bounce close
juno47.50, 4849.50-50very strong ystdy
vblt5.506.5, 7strong but 2ndy at 5.50
acad38.50-3942-43strong all day