My scans turned up absolutely nothing for today. The low volume and low volatility has created a ton of "nothing to see here" charts. So I'll continue to just focus on managing my stops and a day trade or two. Speaking of day trades, I see that my new favorite stock, ANTP, is gapping up again. That's one wacko stock!
Here's an article listing 5 important lessons from 2004. (via G's Investing)
Currently holding:
Long - ADBE, CME, DVA, EYET, THQI
Short - None
Looking for swing trade entries in:
Longs - None
Shorts - None
Potential day trades:
(From Briefing.com)
Gapping Down
TAYD -4.39%, OMNI -4.28%, STEM -3.12%, YAKC -2.57%, LLY -1.77%
Gapping Up
DPAC +44.2%, HOFF +19.0% (signs major pipeline deal), WBR +17.1% (sells 25 non-strategic assets for approx $366 mln), BPUR +8.9%, ANTP +7.7%, DOR +5.7% (Orbec lowers mortality in marrow patients), KNTA +5.7%, SONS +5.6%, MAMA +2.7%, NVDA +2.4% (Barrons article), SIRI +2.0%, VTSS +2.0%, XMSR +1.3%, GOOG +0.8%, PFE +0.8% (FDA approves Lyrica)
Mike,
Check out LSCP this morning. Beautiful C&H on the weekly chart, up 4% in the pre-market. Pivot point on C&H is $34.10. I spotted it on the most actives yesterday.
-Jon
Good catch. I've added it to my watch list in TC2000.
Mike,
Back on 12/2/04 you mentioned AUDC in your longs. As I ususally do, I then looked at its charts anddecided I like it too. Been in 4000 shares at average cost of 14.88 and I have to say THAN YOU! I cashed out of half yesterday and have my stop in place for the rest.
You are the best dude. Been checkin out your pasts for years. Where's that place for donations?
Wow, you cleaned up. Nice trade.
See the "tip jar" (PayPal or Amazon wishlist) in the right column. :-)
Hah! I love the main "headline" at MarketWatch.com:
"It's New Year's eke"
:-)
Some mighty thin trading...looks like (ANTP) has run into some "indigestion" around $50. Probably just the disinterested low volume keeping this stock stale. Monday might be interesting.
In addition for thanking you for the AUDC call, I also cleaned up on PETMback in November (you had it on your list of longs back on 11/17). Rode it for a good point. Thanks for that one too!
Adam (Frodo),
I just thanked you via email but I thought I'd do it here too. The very generous donation is much appreciated.
Mike.