I look for stocks making unusual intraday movements. I run two computer systems with five monitors using real time market screens. I am looking for anything from large percentage moves in the last 1-10 minutes, to oversold stocks which have shown instant strength, to suddenly crashing stocks that make for great short candidates. I trade fast, and use both right and left handed mice. I run livecharts on a one minute basis to gauge the reality of the movement. I drink lots of coffee
The stock is trading at 38.74 per share, well below all of its moving averages. It is near the bottom of its trend range, and is showing nice strengt…more
The stock is trading at 38.74 per share, well below all of its moving averages. It is near the bottom of its trend range, and is showing nice strength today. I believe this is a good entry point for for a medium to longer term hold.
The stock has pulled back from its recent 52-week high of 77.14 set on December 12th, to yesterday's closing price of 67.82. The shares are currently trading at 67.32, over 2.00 below their 50 DMA of 69.56. You can see on the chart below there have been four pullbacks in the last several months, and we are currently experiencing a fifth. You could draw a straight line across the bottoms of these pullbacks to identify the bottom of this channel. Each of these pullbacks was buyable, and w… More
"Bidz.com has year-over-year quarterly earnings growth of 257.40% and quarterly revenue growth of 48.00%, with a long-term growth rate of 47%. I like the company's web site and auction format. I think it is a ""buy"" right here for a bounce play, as well as a long term hold. I believe this would be a good entry point for an initial buy, but would also be prepared to scale into the position down into the lower 8.00 range."
E*TRADE (NASDAQ: ETFC) is holding up well in this down tape. Shares are currently trading at 3.95 per share and moving towards the top of its falling wedge pattern. ETFC has a large open interest position on the January 2008 7.50 calls, which is most likely being fueled by speculation of a takeover. These calls are still very far out of the money, but that could change overnight if a take over announcement is made.
Force Protection Inc. (NASDAQ: FRPT) has received an order from the Pentagon valued at 378 million to build 358 MRAPs for the U.S. Marine Corps. Normally, this would be good news, but the fact that Force received a smaller piece of the pie compared to competitors Navistar and BAE Land Systems has sent the shares plunging over 25% from yesterday's close. I believe what people are missing here is the fact that the U.S. Marine Corps is only one of many customers Force provides vehicles for.… More
"The stock has pulled back sharply over the last several sessions, from a 52-week high of 103.80 set on December 10th, to yesterday's closing price of 86.03. I believe this pullback is going to offer us a nice buying opportunity for this money making steel company. Shares are almost exactly at the bottom of their upward trend. Notice the increasingly wild swings starting in mid-October, with higher highs, higher lows, and increased volatility. That is an extremely bullish chart, with wh… More
Ride Momentum Stocks to Quick Gains!
The market is finally breaking out, creating the perfectd wave for investing in momentum stocks. Zacks is the king of fundamental analysis, but this service also uses technical indicators for the best possible timing. Click here to learn more >>.
Stock screening and chart patterns expert, Kevin Matras, combs through the best Zacks stock-picking strategies averaging +60% yearly gains to find stocks with charts showing they are ready to skyrocket. Chart Patterns Trader >>
No Stocks are Harder to Find, or More Worth the Effort.
They have the greatest potential for quick gains, but they're also the most difficult to find and time correctly. Now Zacks has perfected a system for identifying and profiting from turnaround stocks just as they begin a powerful rebound.
Learn more here >>.
Take advantage of quick short-term moves, and profit from price moves in any direction. Trade options under the direction of an expert guide. Try it now and get a 90-day unconditional money-back guarantee. 50% OFF for a limited time! Zacks Options Trader >>
Find Winning Stocks Quickly with Research Wizard, a powerful desktop software program. Start with easy-to-use pre-loaded strategies, then develop your own. Backtest against years of historical data to see how your approach works in any market. Start a Free Trial Today >>
Zacks Top Ten Stocks for 2011 are now available! This 10-stock portfolio is a well-balanced mix of aggressive and conservative, large and small cap, growth and value. Buy them. Hold them. Watch your gains add up
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment