Technical Analysis on Stocks With Potential

Wednesday, December 29, 2010

Think & Grow Rich

Not much coming up on scans. Seeing as though I just finished Think & Grow Rich by Napoleon Hill last night I thought now would be a great time to share.

Napoleon Hill is genius. Our minds truly are inflection points with one way leading down the wealthy route and the other poverty. Within Think & Grow Rich, Hill discusses thirteen principles each a different component to developing a successful mindset. He shares real life stories, recommendations, situations, and activities to lead the way.

I would recommend the classic Think & Grow Rich to anyone, regardless of goals in life, age, or financial status. There are several takeaway and memorable points throughout this book whether you're looking for money, a great job, successful career, or for personal development. Hill will give you the tools but it all comes down to you. Will you apply them or merely read and absorb?

To find out why your mind is your most valuable asset read this book.
You either control your mind or it controls you. There is no halfway compromise.




N_t

Monday, December 27, 2010

T4T: Video Finally

It's been a while since I did a video, enjoy! Sorry been super busy, just started an internship north of Milwaukee last week.

Video:


Stocks:
The bank I was trying to remember in the vid was AIG. Kill move today.
JSDA: Keep an eye on it.

PMI: Watch cross $3.50
BBX: Consolidating

SHZ: Watch the flagging pattern.
FTK: Coiling


Happy holidays As always wait for your entry parameters, be patient, and consider both sides of a trade before jumping in.

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

Sunday, December 26, 2010

Another Light Volume Week Ahead: TA on the Major Indices and Stocks for Monday

In this post I will combine the typical Saturday information with the Sunday stock watch. There were no trades last week so it will consist of technical analysis on the major indices and stocks for Monday, enjoy.

Major Indices:
All three have RSI above 50 and in some cases 70. Watch out for the > 70 area though because that can signal an overbought condition.

INDU: Low volume last week but that's to be expected this time of year. Expect similar volume this coming week.
SPX: Steady climb last week.
COMPQ: Candles don't have as large bodies as they did earlier this month but nonetheless the index continues to go higher.
Stocks:
NTWK: Keep an eye on $2 area.

Saturday, December 25, 2010

Merry Christmas!

Merry Christmas all. As you celebrate look back at all the things you are thankful for. Those items that may involve people, material, and/or environment forms and sources. I did a little reflecting this morning and came to the conclusion that
You don't really appreciate something until it's not there. In other words we have to have scarcity to appreciate abundance.
Img from: www.bestsantaonline.com
/Have a great Christmas and/or Happy Hanuka.


Thank you for visiting QuickTrades and please stop by again.

Sunday, December 19, 2010

Four Days of Trading Before Christmas

I hope your all having a fantastic weekend. If you didn't see my analysis of the major indices and a recap of last week's trades you can see it at Not Many Trades This Week: Weekly Recap & Major Indices. Ready for a shortened week of trading?

Stocks:
FCEL: Moving higher watch for $2 cross.

ANO: Consolidation descending triangle.
BGP: Tweezer bottoms at 1.15

IBCP: Getting some lift. Flew up another .08-.12 after hours Friday
EGI: Coming out of ascending triangle.


Merry Christmas. If you were wondering i'm definitely ready for a shortened week. lol As always wait for your entry parameters, be patient, and consider both sides of a trade before jumping in.

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

Saturday, December 18, 2010

Not Many Trades This Week: Weekly Recap & Major Indices

Video:
A very busy week for me outside of trading. A lot of things happening including finishing the lectures portion of school, leaving my job on campus and in the town, and finding an apartment over where my internship will be. Busy busy.

Only one trade this week. I kept the stop tight and went in with big size. Solid trade and good intuition during the trading day. Good reminder that past watch lists can and will still be in play a week or more after appearing.


Major Indices:
The indices are looking pretty good. The RSI are all > 50 and they continue to claw higher.

INDU: Looking good nice steady move this week. Joined the S&P and Dow in breaking the early November highs.
SPX: Heading higher.
COMPQ: Looks similar to the rest.



Stay warm and have a legendary weekend!

N_T

Thursday, December 16, 2010

One Day Seems So Long-Recap and Stocks

Video:


Recap:
Just one trade picked up CGR at 1.98 and sold quickly after at 2.08 for a 5% gain. In with big size so it went alright. As I said on twitter this morning "it seems anticipating whole dollar crosses is a profitable trading strategy".

Stocks:
ISCO: Watch $2 area.

Tuesday, December 14, 2010

Quick Vid: Stocks for Wednesday

Quick video tonight. Not many stocks coming up in scanner.

Video:


Stocks:
CGR: Watch for the breakout.

NTWK: Nice volume.
AVII: Watch $2 area.

NVAX: Watch it.


Thanks for visiting, as always wait for your entry parameters, be patient, and consider both sides of a trade before jumping in.

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

Monday, December 13, 2010

Busy Busy-T4T

I little delayed with finals week and such.
Video:


Stocks:
MGIC: Pushing up

FCEL: Nice moves
BPOP: I still like it. Gonna sit and be patient and see what it does under $3

HDY: Watch for break out


Have a terrific night, as always keep an open mind and stick to your plan.

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

Sunday, December 12, 2010

Darn Wisconsin Snow: Stocks for Monday

What a weekend here in Wisconsin! Crazy amounts of snow, blizzard warnings, and very high winds. Overnight the power was out for two and a half hours-brrrr. Oh well, what can you do. I hope the weather is better over where you live.

Friday's market looked fairly quiet and volume was light. I know my trading will be light due to finals week at school. Play it as you see it.

Stocks:
BPOP: Watch this one creeping up.

ACPW: Good close.
INHX: Watch possible breakout.

BRD: Getting volume.
PZG: Incredible move friday.

FCEL: Still moving around.
HAFC: Started to take off Friday but not a very strong close.


Thanks for visiting, as always wait for your entry parameters, be patient, and consider both sides of a trade before jumping in.

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

Saturday, December 11, 2010

Major Indices, Weekly Recap, and the CFTC Report

Good week all-in-all.

As usual lots of paper trades. (denoted with a p after the ticker) More than anything the GOOG weeklies were more of a chance item lotto ticket play. Huge return on it (paper). Other than that my stop was probably too tight on BPOP. I sold the remaining half of my AAPL shares this week after a three week swing. Finally I picked up BAC calls after financials starting picking up and BAC broke $12. So far a good swing still holding. Good stuff.

Major Indices:
All RSI values remain above 50. The charts vary this week-some chop some had a clear direction.

INDU: Only index that hasn't broken its early November highs. Did touch that level on Tuesday but was quickly rejected.
SPX: Great volume on the weekly and nice close on the week.
COMPQ: Similar to the S&P. RSI is very close to oversold territory.




CFTC Report:
The COT report is a weekly released report that comes out on Friday and the data is taken on Tuesday of the current week. If interested you can view it here. I've watched these reports for

Thursday, December 9, 2010

Recap & Stocks for Friday

Sorry but my internet is having problems and I can't get my charting software to work. Therefore text tonight!

I didn't see much of the day but there were some good movers. These were all the stocks with killer moves SNV nice, SHZ still having big intraday shoots, ZQK huuggeee move, EK enormous volume, KOG still running.

Stocks:
SIFY: Watch this flagging pattern.
ACLS: Breaking past $3
ONP: Keep an eye on flagging pattern
DVAX: Decent looking
OCZ: Big move
EDAP: Watch for $5 cross


Thanks for visiting have a good night, as always keep an open mind and stick to your plan.

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

Wednesday, December 8, 2010

A Few Trades But Nothing Like Yesterday

Couldn't quite duplicate the enormous 1000% plus gain yesterday from google. Nonetheless a decent day.
Video:


Recap:
1)Entered BPOP at 2.97 and was stopped out at 2.92 for a -.05 or a 1.7% loss.
2)Entered SOMX at 2.89 sold 1/2 position at 2.97 and moved up stop to break-even. Was stopped out shortly after for an overall 2.8% gain. (paper)
3)Entered BAC Jan 12.5 Calls at .38 (paper)

Stocks:
XPRT: Getting some vol

TASR: Big run
CRIS: Nice move today

Tuesday, December 7, 2010

Taking Off Some Trades Today: Recap & Stocks

Crazy gap at open today.
Video:


Recap:
1)Sold 1/2 of the GOOG 590 Weekly Calls from my last week entry of .55 at 6.30. For a 1045.5% gain. (paper)
2)Stopped out of SPY 127 Calls at .85 for a break-even minus commissions. (paper)
3)Sold remaining 2/3 of SFI shares at 6.24 for a 3.3% gain. (paper)
4)Picked up SPY 122 weekly puts at .25 and set a close stop. Probably a combo of a tight stop and the wrong timing but I was stopped out later in the day at .21 for a 16% loss.
5)After selling GOOG 590 weekly calls earlier in the day I moved up my stop and was stopped out of the remaining half at 5.00 for a 809.1% gain. (paper)
6)Sold remaining AAPL shares at 321.60 for a 7.6% gain.

Stocks:
IRE: Gapping up again today nice vol. Good one @wbnc

DVAX: Getting some vol
ZIXI: Breaking out

Monday, December 6, 2010

Recap of Today & T4T

Bad day for me to miss. Lots of action in the small caps.

Video:


Stocks:
PWAV: Breakout today.

GMO: Breakout.
GKK: Nice move.

ACLS: Looking good


Thanks for visiting, as always wait for your entry parameters, be patient, and consider both sides of a trade before jumping in.

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

Sunday, December 5, 2010

Just Along for The Ride: Stocks for Monday

Let's see which way the market goes tomorrow. Will it continue to rise and invalidate the potential bull trap from early November or will we turn around? If you didn't check out yesterday's post I discussed a few scenarios that may play out this week.

Stocks:
DRYS: Breaking out I like the chart.

IVAN: Nice setup energy stock.
REVU: Nice jump.

AEZS: Moving on up.
BGP: Same high and low two days in a row.

EXAS:Short bias. Looks like old support is confirmed resistance. (yellow circle)


Have a terrific night, as always keep an open mind and stick to your plan.

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

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