Trader Mike

Currently holding:
Long - None
Short - None
Here’s the list for Friday:

Yesterday’s drop and snap-back rally created hammers all over the place. I have a long list (too long) of buy candidates based on that fact. Like yesterday, I’ll be surprised if many of them actually trigger because the GDP report seems to have sucked the early morning enthusiasm out of the bulls. [...]

Currently holding:
Long - None
Short - None — Had some winners on the list yesterday, but couldn’t get filled on one (damn you NYSE) and just missed a couple of others. Oh well.
Here’s the list for Thursday:

We’ve now had two distribution days in a row in the market. Yesterday’s post-Fed selling really did damage to a lot of intermediate-term uptrends. The NASDAQ looks real precarious here. I don’t see much support on the daily chart until we hit the 2,000 area, which is the December highs. Its [...]

Currently holding:
Long - ARW, LU
Short - None
Here’s the list for Wednesday:

It was an ugly day today as the NASDAQ erased all of yesterday’s gains and then some. Novellus’ earnings guidance and a slightly weaker than expected consumer confidence report were the reason for all the selling. The SOX is now back below its middle Bollinger Band and is sitting just 2 points above [...]

Currently holding:
Long - ARW, ATYT, LU, MXIM, RMBS
Short - None
Here’s the list for Tuesday:

Today’s rally really snuck up on me. It felt like it was gonna be a real quiet, flat day on the NASDAQ until about 1:30. At that point the market just shot higher. By the close just about any index I could find was at a new 52-week high. The SOX [...]

Longs
aapl
arw
atyt
cmtl
exar
idcc
infy
kem
lu
mxim
qcom
rbak
rmbs
smtc
wfii
Shorts
asvi
hov
mvk
qlti
ryl
Disclaimer

I thought I’d try posting my daily watchlists for a while. If people like seeing these I’ll keep it up. So let me know what you think.