SS Game Plan 10/26/16

Big Picture 26-Oct-2016

market gapping lower this morning. SPY 213-213.20 support. IWM at 120 support.

Fresh News

stock	support	resistance	inflexion	notes	trading plan
aapl	111.50-112, 114	115.30, 116		solid quarter. margin guidance for next Q slightly down
ba	136, 137	142, 144		beat earnings on tax gain. slight rev raise.
grmn	50, 51	54, 55.70		beat by a lot on margin expansion...
p	10.35, 11	12, 12.35		missed rev. guides lower.
ew	90, 94	100, 103, 105		very small miss on EPS. very slight guide lower on rev/eps

Second day plays, Technical setups and Trading ideas

stock	support	resistance	inflexion	notes	trading plan
ua	32, 32.30	33, 33.50		closed just above long term support.
bhi	53.30, 54	55, 56		after in itial pop was sold all day
sonc	21.2, 21.5	22.30, 22.50		sold on open then closed abv lt support

SS Game Plan 10/25/16

Big Picture 25-Oct-2016

market set to open flattish. we got our first close above SPY 214.50 ystdy in several weeks.

Fresh News

stock	support	resistance	inflexion	notes	trading plan
ua	32	33.30		re-affirmed guidance. crushed during call.
bhi	53.3, 54	55, 57		crushed EPS miss on rev by 5%
sonc	21.3, 22.80	23.5, 24, 25		guides SSS lower. expectation was for small growth

Second day plays, Technical setups and Trading ideas

stock	support	resistance	inflexion	notes	trading plan
twx	86, 87	89-89.30, 90		bottomed on open. lighter sell pressure rest of day
tmus	50.50, 50.75	51.30		very strong. closed at high.
msft	60.50	61		very strong. closed at high.

SS Game Plan 10/24/16

Big Picture 24-Oct-2016

market gapping higher above resistance area from past two weeks. a close above 214.50 brings 216 into play. then 218...

Fresh News

stock	support	resistance	inflexion	notes	trading plan
twx	??	89.5-90		takeout price around 106.50. trading at large discount
t	36, 36.50	37, 37.20		continued weakness following TWX merger news
tmus	46, 46.70-46.80	48, none		solid EPS & customer acquisition. rev light.
vfc	52.30, 53	54, 54.2		lowers rev/eps guidance a few %

Second day plays, Technical setups and Trading ideas

stock	support	resistance	inflexion	notes	trading plan
msft	59.50	59.90-60		sold on open and failed to hold above 60
mcd	113.25	114.50		held support. accumulated higher
pypl	43.5, 43.70	44.2		very strong. new ath
skx	18.60, 18.80	19.20		sold on open. accumulated 19 rest of day
alks	55-55.30	57, 58		held large gap but selling pressure most of day

Watchlist 10/24/16

Daily Process Goals

1. Focus on breakout / breakdown retests ONLY
2. Daily stop of $300 MAX LOSS

Big Picture (SPY) - 213.98 

SPY - Futures are flat.  We continue in a range between 211.5 and 214.5
Support - 211.5
Resistance - 214.5

 

Fresh News (Catalyst) - (These get updated the morning of the trading day)
 

Second Day Plays

PYPL - 44.15 - 2nd Day Play post earnings / Made new 52w high on strong RVOL

Support - 43.80 / 44

Resistance - 44.25

Avg Daily Volume - 8.12M

ATR - 1.0

Short Interest  - 2.18%
Day 1 RVOL - 4.62
Float - 1.13B

MAN - 79.99 - Post earnings potential breakout.

Support - 79.4 / 79.6

Resistance - 80 / 80.9 / 82.5

Avg Daily Volume - 725k

ATR - 1.69

Short Interest - 3.41%
Day 1 RVOL - 2.55
Float - 67.11M

MACK - 5.54 - Post earnings potential breakout.

Support - 5.4

Resistance - 5.65 / 6

Avg Daily Volume - 2.78M

ATR - .38

Short Interest - 30.43
Day 1 RVOL - 2.93
Float - 118M

WNR - 30.61 - Post earnings potential breakout.
Support - 30.50 / 30.25
Resistance - 31.75 / 33
Avg Daily Volume - 4.3M
ATR - 1.18
Short Interest - 15.28%
Day 1 RVOL - 1.36
Float - 84M

Technical Plays

NFLX - 127.50 - Technical earnings breakout moving into long term resistance after huge move.
Support - 118.75 / 116.50
Resistance - 131.50 -133.25
Avg Daily Volume - 18.7M
ATR - 3.97
Short Interest - 7.91%
 

Earnings week of 10/24/16

Earnings next week courtesy of earnings whispers

Weekend Review 10/22/16

Watchlist 10/21/16

Big Picture 21-Oct-2016

market gapping lower this morning but inside of the range from past few days.

Fresh News

stock	support	resistance	inflexion	notes	trading plan
msft	59, 60	none		new all time high. strong sass and complex cloud
alks	56, 58	60, 64		positive drug news for depression
skx	18, 18.60	20, 21		guides rev down 10% next quarter
twlo	40, 41	44, 45		2ndy priced 40...
mcd	113-113.30	114.5, 116, 118		solid report all around.
pypl	40.30, 41	42	42	solid #s. erased initial down & at ATH prmkt

Second day plays, Technical setups and Trading ideas

stock	support	resistance	inflexion	notes	trading plan
axp	66.5	67, 67.5		very strong but sold off end of day
tsco	64.20-64.4	65, 66		crushed on open then grinded higher in afternoon
vz	48.90	49.2, 49.50		sold off on open and closed right at key support