Articles from Oct 2010

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  • gravitar by easyguru 7:35 PM Oct 27th

    Daily Market Analysis Oct 27, 2010 Video

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  • gravitar by easyguru 6:32 PM Oct 26th

    Daily Market Analysis Oct 26, 2010 Video

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  • gravitar by easyguru 7:55 AM Oct 22nd

    Daily Market Analysis Oct 22, 2010 Video

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  • gravitar by easyguru 7:25 PM Oct 21st

    Top 25 Breakout Oct21 Video

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  • gravitar by easyguru 8:47 PM Oct 20th

    In search of good setups Oct20

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  • gravitar by easyguru 7:30 AM Oct 20th

    Daily Market Analysis Oct 20, 2010 Video

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  • gravitar by easyguru 7:52 AM Oct 19th

    Daily Market Analysis Oct 19, 2010 Video

    A long video after a few weeks of giving you people chance to do your own analysis.

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  • gravitar by easyguru 9:49 AM Oct 6th

    Why I study stocks up 25% plus in a month everyday

     

    TZOO- Travelzoo Inc

     

    Come rain or shine, everyday the last thing I do in my daily market analysis routine is to run a scan for stocks up 25% plus in a month. I run the scan, boil myself a pot of tea and systematically study each of them. I want to know:

     

    1.  what makes a stock go up 25% plus in a month. 
    2. How does it start the move
    3. What are the volume patterns during the move
    4. What are the price patterns during the move
    5. What was its momentum ranking before the move started
    6. How did its momentum ranking progress during the move
    7. What kind of pullback did it have
    8. In how many days did it make 25% plus move
    9. What is its float
    10. What was its dollar volume at breakout
    11. What was its p/e, p/s, roi, margin, p/b, peg, debt to equity, 
    12. What was their eps growth
    13. What was their sales growth
    14. What was their IBD ranking
    15. How far are they from 52 week high or low
    16. What was its price trend for last 1, 3, 5 years
    17. What was their sector relative strength
    18. What was their short interest
    19. What was the insider buying trend
    20. What was the trend intensity readings at breakout
    21. How did the trend intensity readings progressed
    22. What was the news on the stock for last one month
    23. How far is this stock from last earnings or upcoming earnings
    24. When did the stock IPO
    25. 25 What is its fund holding trend
    and so on. 
     
    All this information is publicly available freely. The tools I use to do this analysis are:
    1. Finviz
    2. Moneycentral
    3. Google Finance
    4. Dailygraphs
    5. Investor.com
    On most days there are not many stocks meeting this condition so it takes 15 minutes to do it. Once in a while you get 200 plus stocks, then it takes a hour to do this.
     
    The objective is clear to develop a model of stocks that make big move in short period of time and try and capture couple of moves in a year. The understanding from the exercise goes in to building better scanning criteria and validating or invalidating commonly touted trading wisdom or beliefs.
     
    You will find answer to questions like :
    1. does significant earnings surprise move stock
    2. does nearness to 52 week high matter
    3. should you focus on high priced or low priced stocks
    4. should you focus on high daily average volume stocks or low daily average volume stocks
    5. does IBD eps ratings matter
    6. does float matter
    7. what period relative strength/momentum  is best 
    8. why prior period gains are most critical to picking winners
    While it is difficult to generalize things because every phase of market has different kind of stocks making 25% plus moves, there are certain common themes you can find and the common themes in terms of factors that drive a stock to make 25% plus move in a month are:
    1. Prior neglect
    2. Catalyst. Big moves start with some catalyst.
    3. Sector momentum is best predictor of short term probability of a stock making a big move
    4. Price momentum is next most important criteria
    5. Float, low price, low dollar volume prior to breakout are good
    Rest of the factor really do not matter. In the short run fundamental factors do not matter. Immediate catalyst and sector momentum is most critical factors on a month time frame. 
     
    How can you use this information in day to day trading. Focus on stocks with high sector momentum or sector catalyst (Bluefin Sector+price momentum and Emerging Opportunities scans). Focus on stock with immediate catalyst (Episodic Pivots). All things being equal low priced, low dollar volume and low float stocks tend to make biggest move.
     
    But above all almost every move of 25% plus in magnitude in a month starts with a 4% breakout signal. Now how valuable is that information to you if you know how to exploit it.....
     

     

     

    Stocks up 25% plus in a month:

     

    ACAT,Arctic Cat Inc

    ACTG,Acacia Research Acacia Tech

    ACTL,Actel Corp

    AMKR,Amkor Technology Inc

    APAGF,Apco Oil & Gas International

    APEI,American Public Education` Inc

    AREX,Approach Resources Inc.

    ARII,American Railroad Industries Inc

    ATML,Atmel Corp

    AUMN,Golden Minerals Co

    AVEO,AVEO Pharmaceuticals Inc

    BAK,Braskem Sa

    BCPC,Balchem Corp

    BID,Sotheby's Holding Cl A

    BMTI,BioMimetic Therapeutics Inc

    BONT,Bon-Ton Stores Inc

    CATY,Cathay General Bancorp

    CDXS,Codexis Inc

    CGNX,Cognex Corp

    CGV,Cgg Veritas

    CKEC,Carmike Cinemas

    CLU,Cellu Tissue Holdings Inc

    CMCO,Columbus Mckinnon Cp(Ny)

    CMTL,Comtech Telecommun Corp

    COCO,Corinthian Colleges Inc

    CPLA,Capella Education Company

    CRAY,Cray Incorporated

    CRXL,Crucell Nv Ads

    DDMX,Dynamex Inc

    DGII,Digi International Inc

    DGIT,Dg Fastchannel Inc

    DHIL,Diamond Hill Investment Group Inc

    DHX,Dice Holdings Inc

    DIN,Dineequity Inc

    DMAN,DemandTec Inc

    DSW,DSW Inc

    DUF,Duff & Phelps Corp

    EBIX,Ebix Inc

    EDMC,Education Management

    EPIC,Epicor Software Corp

    ESI,Itt Educational Services

    ETH,Ethan Allen Interiors

    FMCN,Focus Media Holding Limited ADS

    GBX,Greenbrier Companies Inc

    GENT,Gentium SpA

    GIFI,Gulf Island Fabrication

    GPRE,Green Plains Renewable Energy

    GTLS,Chart Industries Inc

    GYMB,Gymboree Corp

    HAWK,Seahawk Drilling Incorporated

    HNR,Harvest Natural Resources Inc

    HOS,Hornbeck Offshore Services Inc

    HWKN,Hawkins Chemical Inc

    ID,L-1 Identity Solutions Inc

    IL,Intralinks Holdings` Inc.

    INCY,Incyte Corp

    INET,Internet Brands` Inc. 

    IOSP,Innospec Inc

    IVN,Ivanhoe Mines Ltd

    JASO,Ja Solar Hldgs Co Ads

    JBL,Jabil Circuit Inc

    JCP,J.C. Penney Company Inc

    JDSU,JDS Uniphase Corp

    JOBS,51job Inc Ads

    KCP,Kenneth Cole Productions

    KEI,Keithley Instruments Inc

    KITD,Kit Digital Inc

    KMX,Carmax Inc

    KNOT,The Knot Inc

    KNXA,Kenexa Corp

    KVHI,Kvh Industries Inc

    LBY,Libbey Inc

    LCRY,Lecroy Corp

    LDK,LDK Solar Co Ltd

    LGL,LGL Group Inc

    LINTA,Liberty Media Interactive Class A

    LOPE,Grand Canyon Education

    LULU,Lululemon Athletica Inc.

    LYTS,Lsi Industries Inc

    MAPP,MAP Pharmaceuticals

    MDVN,Medivation Inc

    MEAS,Measurement Specialities

    MEDQ,Medquist Inc

    MIM,Mi Developments Inc

    MIPS,Mips Technologies Inc

    MOTR,Motricity Inc

    MSB,Mesabi Trust Cbi

    MSCC,Microsemi Corp

    MSFG,Mainsource Fncl Goup Inc

    MSSR,McCormick & Schmicks Seafood

    MXWL,Maxwell Technologies Inc

    MYE,Myers Industries Inc

    NVTL,Novatel Wireless Inc

    NZ,Netezza Corporation

    OCLR,Oclaro Incorporated

    OICO,Oi Corp

    OMAB,Grupo Aeroportuario Del Centro

    ONE,Higher One Holdings Inc

    PBH,Prestige Brands Holdings

    PEGA,Pegasystems Inc

    PGI,Premiere Global Services Inc

    QLTY,Quality Distribution

    QNST,QuinStreet Incorporated

    RAX,Rackspace Hosting

    RDWR,Radware Ltd

    RECN,Rscs Connection

    RVI,Retail Ventures Inc

    SCOR,Comscore Inc

    SCS,Steelcase Inc

    SCVL,Shoe Carnival Inc

    SGEN,Seattle Genetic

    SGK,Schawk Inc

    SNIC,Sonic Solutions

    STEL,Stellarone Corp

    STRT,Strattec Security Cp

    STU,Student Loan Corp

    SURW,Sure West Communications

    SVNT,Savient Pharmaceuticals Inc

    SWIR,Sierra Wireless Inc

    TESS,Tessco Technologies Inc

    TGA,Transglobe Energy Corp

    THMD,Thermadyne Hldgs Corp

    THO,Thor Industries Inc

    THRX,Theravance Inc

    TPCG,TPC Group Inc

    TQNT,Triquint Semiconductor

    TRGL,Toreador Resources Corp

    TWI,Titan Internat Inc

    TZOO,Travelzoo Inc

    VHC,Virnetx Hldg Corp

    VSEC,Vse Corp

    WNC,Wabash National Corp

    ZGEN,Zymogenetics Inc

    ZNH,China Southern Airlns Co

    ZUMZ,Zumiez Inc

     

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  • gravitar by easyguru 4:13 PM Oct 5th

    Daily Bootcamp

     

    EP

    Top25 b/o

    IPO b/o

    MM

    The most comprehensive analysis posted on Timeline by 7 am tomorrow has chance to win free copy of following books:

    One Good Trade

    Ahead of The Market

    The Heretics of Finance

    Active Value Investing

    Market Breadth Indicator

    If you seriously do this for next few weeks you will have mastered the methods and process. Follow the guidelines don't add outside elements.

    The new members should definitely try this. This will help you immensely. And will cut down your learning curve....

    Don't worry about being wrong...

    We were all beginners sometime .....

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  • gravitar by easyguru 9:54 AM Oct 5th

    Setting up RSI2 in Telechart

     

    Someone had requested scans for RSI2 and how to set it up in Telechart. 
     
    The original post for this is here : Exhaustion Swing Trading Method using RSI2
     
    This is a method I discussed in Swing Trading Bootcamp. It has been developed by Larry Connors.
     
    I do not trade it , so I do not have expertise on it. 
     
    This is for information purpose and those who want to perfect it from here on.
     
    Must read the original posts and comments to understand this. 
     
    RSI2 Bullish PCF

    (50 * (C - XAVGC3.1) / 2 / (.500030519440884 * (ABS(C - C1) + .5 * (ABS(C1 - C2) + .5 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14)))))))))))))))) + 50)<=2 and c>=avgc200

    RSI2 Bearish PCF

    (50 * (C - XAVGC3.1) / 2 / (.500030519440884 * (ABS(C - C1) + .5 * (ABS(C1 - C2) + .5 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14)))))))))))))))) + 50)>=98 and c=<avgc200

    RSI2 Chart Indicator (add under indicator)



    50 * (C - XAVGC3.1) / 2 / (.500030519440884 * (ABS(C - C1) + .5 * (ABS(C1 - C2) + .5 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14)))))))))))))))) + 50

    Liquidity Volume



    MINV3.1 >= 1000
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