FINVIZ

FINVIZ is a website with great tools that do more than just filter out stocks that meet your desired criteria. It features sector and industry scans that narrow down the best performing ones based on a daily, weekly, monthly, three month, and so on timeframes. It too includes heat maps to pick out the top performing stocks, exchange traded funds (ETF's), and stocks outside of the U.S.

Areas of Interest & The Indices

Several things are happening around the world as of late. Oil, silver, gold, corn, and other commodities are rising more and more. I personally know the pain because I filled my truck up yesterday.

Major Indices:
The three are all over the place. Some have made new highs and others not so much.

SPX: In my opinion this one looks sickly but still going with the long until I'm wrong. On the other hand it does look pretty much like a double top until 1340-1350 is broken.

INDU: This week's action went beyond the mid/late February high. Keep an eye at these levels.

COMPQ: Last week I forgot to mention this series of gaps. (orange circles) We will see in the weeks ahead if this sustains.

Thanks for visiting QuickTrades and have an amazing evening/day.

Disclosure:I have no positions in any other stocks mentioned here at the time of writing.

Same Game Plan: Long Until I'm Wrong

Same story...well sort of. Oil may be back over $100 and silver & gold continue to rise but not much has changed since my last blog post. Yeah I understand it's been over seven weeks, but it's still a similar picture.

Not the greatest volume this week Friday; but haven't Fridays been low volume days for a while with most traders are absent?

INDU: Back above 12,000 looking good higher.

SPX: RSI back over 50 again and the 1300 dip was bought. Its sitting slightly above the 18 EMA but the market has been quite susceptible to the news so it could chop for some time.

COMPQ: In early March the pullbacks to the 50 day moving average were bought. On Friday the Nasdaq closed right around the 50 day moving average.

Enjoy the weekend!

Disclosure:I have no positions in any other stocks mentioned here at the time of writing.

Wisconsin Snow & Trades For Wednesday

Because of the huge amount of snow we had overnight I couldn't get out of my apartment today. You would think this would be a bad thing but because of it I traded from open until about noon EST. Below are the pictures and a recap of my trades. Still swinging several of them overnight.

This was taken this morning after I shoveled the way out of the apartment complex. If you enlarge the picture you will notice the shovel I used on the fourth step down before the landing. The snow is more then halfway up the handle. For the most part the overall snow amount was a lot but the drifts were anywhere from a foot to three feet!

I woke up to this when I looked out my patio window. A snow drift nearly up to the top of my chest. Wow.

Not necessarily a large snow drift but kinda shows what were dealing with in Wisconsin.

Same as above patio picture. Little different angle.

All in all interesting day. I learned that my apartment manager will get to plowing the parking lot when they get to it. To make a long story short I worked for about three hours came back to the apartment and the parking lot was still unplowed. *laugh* Then around 3:30-4:00 EST the plow truck came out.

Recap:

1. NFLX Weeklies 220 strike in at .44
2. REE in anticipation of 13.50 break (paper)
3. Traded BLDP from 2.01 to 2.03 after raising the stop too tight. Plus .02 (paper)

For more information on these trades check out my twitter.




Have a great evening!

Disclosure: I have a position in NFLX and REE, otherwise no positions in any other stocks mentioned here at the time of writing.

Trade Recap for the Week and TA on Indices

Nice week-no paper trades all real.

It appears when money can be made relatively easy that that is the time the market reverses. :) I wasn't caught in Friday's downturn but it was just a thought I had. Overall good trades.

Major Indices:
All three portray their own story. The Dow and S&P still have RSI values above 50, while the Nasdaq is under. All three had pullbacks on Friday we will look for continuation in one direction or another next week. There was also good volume Friday as well.

INDU: Nice pullback Friday still holding 18/20 EMA level. Looks great.
SPX: Still holding above level annoted on last weeks chart.
COMPQ: Still holding levels mentioned last week. Pretty deep pullback looks the worst of the three.

Packers: This Weeks Trades as well as TA on the Major Indices

Yes I'm still psyched the Packers won. Good stuff.

This week I finally sold the remaining BAC call for a big win. It was up further but I wanted to be sure I didn't miss out if it was going to continue higher so I just raised my stop every time it climbed. Other than that the other trades were so-so. The CAT calls I picked up were up much more but I didn't want to tighten the stops up so much. I'll get my timing right eventually.

Major Indices:
Great volume this shortened week due to Monday's Martin Luther King Day. The RSI values are still holding 50 but some are close to going under.

INDU: Nice bounce off 11715 area Thursday. Good support.
SPX: Starting to slow down 1278-1281 support area.
COMPQ: Looks the worst of the three. Breaking through the 16 EMA-Interesting.