Trade Ideas for 6/27/2007

CSUN above 14.00 (sector is flying)
EMIS above 4.52 (even better after pullback to ~4.40)
EMKR above 5.40 (I really like this short-term chart)
MED above 9.20 (don't tell anyone I mentioned a listed stock :)
WIND above 11.03 (this one looks great)

I have some short ideas but after that post-close sell-off in the futures today, I doubt that they will be predictable entries in the morning so I didn't inlcude them...but consider watching HNT and NFLX. Also, be careful of the shakeout if we get it; it looks to me like we could POTENTIALLY get moving to the downside.

Lots of Nice Responses

Well, I have to say I'm happy to see that there are quite a number of people out there checking this blog every day and who are interested in my continuing to post ideas. Without specific feedback like that it's hard to get a feel for whether or not people are actually feeling like they receive actionable ideas from my postings. As it seems that is the case, I'll go ahead and continue posting ideas on a daily basis as I have in the past. Sometimes in setup sheet form, and (if I'm shorter on time) in the form of entering above or below a given price.

While it is effort to post to a blog, I do feel that what goes around comes around and that good karma comes around from time to time when you help others. I'm happy to continue offering up my thoughts on tradable setups and welcome feedback if there is something that comes to mind about the blog, the ideas, or how I may change the way I run the blog. By the way, I have considered doing videos, and may at some point, but it's important to me that I don't just copy-cat Brian at AlphaTrends...that was his original idea as far as I know.

Thoughts welcome, and I'll look forward to continued blogging!

Pause in Posting Ideas

Unless there is enough interest in my ideas to generate some email requests, I plan to stop posting ideas for a while due to time constraints. If there is enough interest in my inbox, I'll continue to post some ideas in some form.

Let me know what you think.

Thoughts for 6/21/2007

The market sold off pretty good today as I'm sure you know. Looking over my lists for tomorrow, I see quite a few POTENTIAL trades but nothing that I feel like warrants being listed here for your consideration. I'll look things over again tomorrow and will probably post some ideas for Friday.

It will be interesting to see where all this goes. Rising 50DMA etc indicates that we're still in a bull market, yes; but...it feels to me like it's possible to get going to the downside and even break the recent lows.

What do I know? Not much! All I can do is watch and see what happens. I'm sure you will do the same!

Trade Candidates for 6/20/2007

ATLS above 55.16 (very thin)
CLNE above 13.75
DEPO above 5.04
IDSA above 16.68

Trade Candidates for 6/19/2007

Okay, okay - no setup sheet again. It's easier for me to give you an entry point and probably better for you to decide how much risk you're willing to take, and thus better for you to determine where your stop should be. My style is to keep stops tight and run for cover quickly when a stock starts to go the wrong way. You may be different; there are many ways to skin a cat...but keep your risk:reward in focus.

A few ideas for Tuesday:

ATLS above 55.16 (SUPER thin)
CMCO above 30.08
MVSN above 30.25
XOMA above 30.42

EXBD below 66.20

Good luck.

Trade Candidates for 6/18/2007

Geez everyone! Sorry for such a late posting this weekend. I did all of my prep work on Saturday morning then got busy with running, barbecuing/entertaining, more running, then father's day stuff like hanging out the the coolest wife and two little boys possible. Oh yea, margaritas made their way into the mix a couple times too ;)...!

Here are a few ideas for tomorrow; no setup sheet as it's late and I don't want to take the time right now. Normal approach again starting tomorrow.

AATI above 9.60 (I'm already long this one)
CYTC above 42.30 (looks GREAT)
NOVC above 10.40 (thin...)
OVTI above 16.19

If you really want a thin one that I like look at CHIP. I'm also long a couple others from Friday: SNDA and TXCC.

Lots of other ideas but that's probably enough for tonight.

Good luck Monday!

Okay - Some Ideas for Thursday 6/14/2007

Well we had a pretty nice up day today - how about that volatility?

Here are a few ideas worth taking a look at for tomorrow - just in case you don't have anything else to focus on :)

CYPB above 14.30
ESEA above 14.85 (very thin and volatile)
MPWR above 17.30 (also thin)
ONT above 2.91
SMTC above 16.57 (I'm long a position in this already, FYI)

I see a bunch of others but these are a good start.

Good Luck!!

No Ideas for Wednesday through Friday

With the volatility in the markets and options/futures expiration on Friday, I won't be posting any more ideas until some time this weekend, and that will be the case only if we see some stabilization in the indexes by the end of the week.

Some Ideas for 6/12/07

No setup sheet today, just a handful of tickers:

AATI above 9.46
AMSC above 17.10
JRJC above 9.12
LPNT above 39.88
NSIT above 21.75

I see so many nice long setups it makes me nervous...

Good luck.

Trade Candidates for 6/11/2007

Volatility is reigning the markets right now, so be careful. I won't be surprised to see a subdued session on Monday due to lack of (scheduled) news and the whipsaw action that many experienced on Thursday and Friday. Options expiration (quadruple no less) on Friday means things may be more volatile and unpredictable than usual at times during the week (although after last week who says it's "predictable" at all?). I'll simply be watching the charts and acting accordingly...with lots of caution.

Have a great Monday!

No Friday Trade Ideas

Well, I can't say I'm surprised at the sell-off, though I am surprised by the magnitude of these moves when they do happen. What's funny (well, actually NOT funny) is that I was shorting the market aggressively on Tuesday and Wednesday but getting stopped out each time. Then I didn't short it today - figures.

Anyway, I'll be watching for a tradable bottom, but that probably won't come right away...so patience is my mantra now.

I'll plan on posting some ideas on the weekend for Monday, but may reconsider after watching what happens tomorrow.

Until then, good luck at whatever you trade.

Trade Candidates for 6/7/2007

Here are a few ideas, although given the sketchy action in the market I would advise using a lot of caution right now. I won't go into a diatribe of what I think (who really cares anyway?) but I do know that it's time to pay a lot attention to what's happening and be defensive. I considered not posting any ideas given the greater volatility and unpredictability in this environment, so take that into consideration if you want to trade these ideas.

Good luck, as always.

Trade Candidates for 6/6/2007

Here are a few ideas for Wednesday. I've been a little bit surprised with the strength of the market over the past couple days, but given what I see all the ideas are on the long side. I'm trying to suspend what I believe (that we are due for an ugly surprise to the downside) and trade what I see (strength).

Good luck.

Trade Candidates for 6/5/2007

A few for Tuesday; good luck!

Trade Candidates for 6/4/2007

Some ideas for Monday. As usual, I see quite a lot of good trade setups out there; given that they're heavily weighted to the long side that does make me think I should pay more attention to the short side! It will be interesting to see if the situation at JFK over the weekend spooks anyone into selling.

Good luck Monday.