Friday, November 01, 2013

Uptrending stocks as of Friday, Nov 1, 2013

Here are some trending stocks.
Please use adequate risk control and put stop loss  orders as these stocks are very volatile.


AVD



COT



FNHC



HEES



IRIX



KCG



LEE



NATI



TRMB





Charts created using http://www.stockcharts.com
Hot stocks from http://www.barchart.com/stocks/hotstocks






Monday, October 28, 2013

Sunday, October 20, 2013

Uptrending Stock Picks as of Oct 20, 2013

Hi,

Here are some stocks which are trending up.

I am looking to buy some for swing trading.

These stocks are very volatile so I will place the stops a bit further away and  use risk control.

I do not risk more than 2 percent of my capital on any trade.





AFOP 

ANIK 

BITA

CAMP

CLFD

GENT

NQ

P

SPA

TNGO

VNET

Monday, September 30, 2013

Buffett to make $2 billion on crisis-era investment in Goldman Sachs


Once again Warren Buffett has shown us why he ranks among the best investors in history.

http://blogs.marketwatch.com/thetell/2013/09/30/buffett-to-make-2-billion-on-crisis-era-investment-in-goldman-sachs/

QUANTS: Meet The Math Geniuses Running Wall Street


Forget Gordon Gekko. Old-style City traders are being replaced by maths geniuses who use super-computers to beat the markets. But are 'quants’ a force for good or evil?

Read more:
http://www.businessinsider.com/quants-meet-the-math-geniuses-running-wall-street-2013-7

There's A Sect Of Successful Traders Who Couldn't Care Less What Bernanke Says, Or About News At All


Naturally, when markets go up or down, people look for cause and effect.  We went up because of X, or we went down because of Y.  The market liked this or it did not like that.

But in many cases (and I would argue, in most cases), PRICE is the cause.  More transactions occur because the price changed than because the news changed.  We can rationalize and reason and assess all we want.  When we actually push buy or sell, we care most about PRICE.  Because whatever our reasoning, at the end of the day, month, or year, the only reason we are successful is because of PRICE.  Not because of the reasoning.  Not because of the news.  Not because of Ben Bernanke, or Mario Draghi, or Shinzo Abe.  Because of PRICE.

That’s why there are successful traders who don’t even pay attention to the news.  They don’t care about the why of PRICE.  They only care about PRICE.  And they react accordingly.



Read more:
http://www.businessinsider.com/only-price-matters-in-trading-2013-6

How Marc Rich Got Insanely Rich, Broke The Law, And Lived A Life In Exile


Controversial billionaire commodities trader Marc Rich has passed away today at the age of 78 at a hospital near his home in Switzerland.

Rich   who fled the U.S. in 1983 before being indicted for wire fraud and tax evasion — pioneered the spot oil market, amassing a fortune by evading international rules and embargoes.

Read more:

http://www.businessinsider.com/biography-marc-rich-2013-6

9 Surprising Things Legendary Trader Jesse Livermore Said About Timing


 There are those who would convince you that it is somehow smart or in your best interest to be manically switching your investments around, back and forth, long and short, on a daily basis. To pay attention to this kind of overstimulation is the height of madness, even for professional traders.


Read more: 

http://www.businessinsider.com/jesse-livermore-quotes-about-patients-2013-8

How Traders Use Fibonacci Numbers To Play The Market


A technician has many many tools. But what a lot of people fail to realize is that all of these are just a supplement to the most important thing we have, which is price.

Read more: 

http://www.businessinsider.com/how-traders-use-fibonacci-numbers-2013-9

28 Awesome Home Trading Desks From All Around The World

You might think of a trading desk as a trader's second home, but really it should be their first. It's where markets happen (and markets = life).

So the setup's got to be perfect. Traders can't miss a beat  everything they need to know needs to be a glance away.

Read more: http://www.businessinsider.com/trading-desk-photos-2013-9

Sunday, September 22, 2013

New Stock Pick: POL


Here is a stock I am looking to buy.




















Here are the reasons that I would buy this stock:

1. The stock is moving up in a slow steady uptrend.

2. The DreamTai Power Ranking is greater than 3, which indicates that there is more buying volume than selling volume.

I would be placing stop loss orders and have risk control  also so that if I am wrong, I would lose negligible amount. ( Less than 2 percent of my capital)

New Stock Pick: CLDX

 Here is a stock I am looking to buy.


















Here are the reasons that I would buy this stock:

1. The stock is moving up in a slow steady uptrend.

2. The DreamTai Power Ranking is greater than 3, which indicates that there is more buying volume than selling volume.

I would be placing stop loss orders and have risk control  also so that if I am wrong, I would lose negligible amount. ( Less than 2 percent of my capital)

New Stock Pick: RPRX


Here is a stock I am looking to buy.

















Here are the reasons that I would buy this stock:

1. The stock is moving up in a slow steady uptrend.

2. The DreamTai Power Ranking is greater than 3, which indicates that there is more buying volume than selling volume.

I would be placing stop loss orders and have risk control  also so that if I am wrong, I would lose negligible amount. ( Less than 2 percent of my capital)

New Stock Pick: MEI


Here is a stock I am looking to buy.




















Here are the reasons that I would buy this stock:

1. The stock is moving up in a slow steady uptrend.

2. The DreamTai Power Ranking is greater than 3, which indicates that there is more buying volume than selling volume.

I would be placing stop loss orders and have risk control  also so that if I am wrong, I would lose negligible amount. ( Less than 2 percent of my capital)

New Stock Pick: ACAD

Here is a stock I am looking to buy.













Here are the reasons that I would buy this stock:

1. The stock is moving up in a slow steady uptrend.


2. The DreamTai Power Ranking is greater than 3, which indicates that there is more buying volume than selling volume.




I would be placing stop loss orders and have risk control  also so that if I am wrong, I would lose negligible amount. ( Less than 2 percent of my capital)




Tuesday, September 17, 2013

How did one investor make billions on Berkshire Hathaway stock?


Watch this video to find out..

Click link below..


http://www.bloomberg.com/video/buffett-s-berkshire-mints-another-billionaire-gff7KvqJT8O_5xxncp_2Bg.html



U.S. debt now about 73% of GDP


U.S. debt now about 73% of GDP, CBO says


WASHINGTON (MarketWatch) - The U.S. national debt is now about 73% of gross domestic product, the Congressional Budget Office said Tuesday. The percentage of debt is higher than any point since around World War II, and twice the percentage it was at the end of 2007, the nonpartisan agency said in its long-term budget outlook.

If current laws stay in place, debt will decline "slightly" relative to GDP over the next few years, the agency said. But it warned that growing future deficits will push the debt to 100% of GDP 25 years from now.



http://www.marketwatch.com/story/us-debt-now-about-73-of-gdp-cbo-says-2013-09-17-1091240?link=sfmw_fb


U.S. on ‘unsustainable’ budget course: CBO
Debt to reach 100% of GDP in 25 years, agency estimates


http://www.marketwatch.com/story/cbo-issues-fresh-long-term-debt-warning-2013-09-17?link=MW_pulse

4 Billionaire Investing Strategies For Non-Billionaires



A number of other hedge fund billionaires have earned their fortune the old-fashioned way: through savvy stock picking.





Even mainstream investors like us can profit by learning from their approaches. Here's a look at four unique approaches they've employed to build their stock market riches. 

Click here to read....

http://www.businessinsider.com/4-billionaire-investing-strategies-for-non-billionaires-2013-9




 

Stock Pick Analysis: SNTS

Hi Traders,

Today, we will analyze the chart of SNTS.



























I had purchased the stock at 23.89.

Here are the reasons I had purchased the stock.

1. The stock was in an uptrend. Notice that the stock is moving up in a smooth uptrend. What does that mean?
That means that the Big Boys ( Hedge funds, Investment Banks, Financial Institutions ) are acccumulating the stock.

2. The DreamTai Power Ranking was above three. That means that the Big Boys were buying the stock in LARGE VOLUME. The fact that they were buying in large volume means that they were dead serious about this stock.

3. The stock formed a  triangular wedge. This gives us a good opportunity to buy as soon as the stock goes above the wedge.
I got the stock at 23.89 right when it jumped above the wedge.

The stock reached upto 28 and then retraced back to 22.

I have already put a stop loss so I am not worried if it goes lower.


SanJOY




Monday, September 16, 2013

How to analyze a stock using Price Action Trading techniques

This video by Lance Beggs gives a top level view of the price action trading approach.

There are three steps:

1. Market Structure
2. Trend Analysis
3. Price Analysis


Sunday, September 15, 2013

Price Bar Reversal Patterns Video Series


Here is a video series of Price Bar Reversal Patterns by Lance Beggs, who specializes in short time frame discretionary trading through price action methodologies.

He has done an amazing job in explaining all the Reversal trading patterns.

You can enjoy his articles at http://www.YourTradingCoach.com and his blog posts at http://www.YourTradingCoach.blogspot.com






























Candle stick Pattern Analysis: Complete Video Series

Here is a video series of Candle Stick Analysis by Lance Beggs, who specialises in short timeframe discretionary trading through price action methodologies.

He has done an amazing job in explaining all the candlestick trading patterns.

You can enjoy his articles at http://www.YourTradingCoach.com and his blog posts at http://www.YourTradingCoach.blogspot.com





































Stock Pick Analysis: CAR

Hello  Traders,

Let us look at a losing trade I have made.

It is losing money, but i have no regrets and no worries, because I have my risk under control. I have put stop loss sell orders and I know the maximum amount of money I will lose.
So, I can sleep at night without any worries.




























I purchased the stock at 32.62. The reason was that:

1. The stock was going up in a smooth manner.
2. The DreamTai Stock Trading Software had a Power Ranking of more than 3, which showed that there was high buying volume.


So, I purchased it. But within the next few days, the stock turned downwards.


It is moving down in a triangular wedge pattern. It has support at 26.5 area, so I expect it to bounce from there.
It has previously bounced more than 6 times from that area.

If this stock goes below this area of Support, I will get out of this stock and focus on other stocks.

That's life and that's trading..we win some. we lose some..As long as we  control our risks, we will win in the long run.

Sanjoy









Stock pick analysis: LGF


Hi Traders,

Let us focus on this stock  LGF
















It is a stock with a lovely trend.
Notice how it is moving up smoothly.















Reasons for purchasing:

1. It formed a triangular wedge formation.

2. The DreamTai Stock Trading Software Power Ranking was greater than three, which implies that there was a large buying volume.


I purchased 50 shares  at 28.44
The stock is still moving up smoothly.

It is a beautiful trade.  I wish all my trades were like this. :-)

















Stock pick analysis: RM

Hi traders,

Let us focus on this trade:




























Reasons for buying:

1. This stock RM was in a wedge shape triangular formation.

2. The DreamTai Stock Trading Software Power Ranking was greater than 3, which means that there was very high buying volume.

I purchased 120 shares of RM  at 25.49.
The stock went up to around 27 and faced resistance.
So, it went in a sideward trend.
Notice that the resistance area of 27 turned into support area later on.

After resting at this support area, the stock has again resumed its upwards journey.

The stock may face  resistance at the prior peak at 31-32 area.

As long as the stock is going upwards, there is no reason to sell.







Trade Analysis: APFC


Hi traders,

In this post, I wanted to share some of my trades along with a commentary on why I had traded these stocks.




















I will focus on one of the trades I made: APFC.























Reasons for entering the trade:

Here are the reasons that I had entered the stock.

1. If you look at the chart, the stock is in a steady uptrend.
This is a very good sign. It means that the stock is being accumulated by the big boys- hedge funds, banks, financial institutions.

Note that it retraced for some days, a few times, but went back up immediately. This shows that it is a strong stock.

2. At the time of purchase, DreamTai trading software was showing that this stock had power ranking greater than 3, which implies that there was strong buying volume.

 3. The stock broke out of a triangular wedge formation.

4. The stock broke out of 30, which is a round number. Usually round number offer resistance and stocks bounce down from the round numbers.
You notice that there was a confluence of two factors: A triangular wedge and the round number, both of which could push the stock down.
But the stock was so powerful that it pushed through both these and bounced up.

I bought 60 shares at $29.60 for this stock account.

Trade Management:

I  have put a stop loss sell order for half of the position at $44.
And moving the stop order for the other half to breakeven..that is $29.60.

Why did I take $44? Because that is around 32.8% Fibonacci retracement from the bottom to peak.

What's next?

Who knows?.But  as traders, we have to be prepared for anything.

Don't be in a hurry to sell and take profits. Let the stock take its own time to go up.

Hope this posting is helpful.

Sanjoy