SP-500

Wednesday, December 16, 2009

Market Preparation for SP-500 Dec. 17, 2009:

Possible Scenario: Neutral Channel a break above the channel would lead higher otherwise staying in the channel.




Breakouts: UTSI, ANDS, XTXI, HOV, SRZ, FSII, BEE, NSU, FIG, TSYS, ENT, MTSN, EGHT, KAZ,
Previous Potential Breakouts (Looking back 5 days):

Breakdowns: ARRY, GSX, SOL?, XRA?
Previous Potential Breakdowns (Looking back 5 days):

R2G Picks: FBP, YRCW,
Previous Potential Dips (Looking back 5 days):

G2R Picks: DPTR, BZH, ANDS
Previous Potential Dips (Looking back 5 days):

Good Luck,

Tyler

Tuesday, December 15, 2009

Market Preparation for SP-500 Dec. 16, 2009:

Possible Scenario: Neutral Channel a break above the channel would lead higher otherwise staying in the channel.
Previous shorts SNSS, CYCC, and NEP could continue down.




Breakouts: AEZ, TTM, GMXR, VISN, NEP, CENX, STLD, LZB, CBS, CAR, PIR, TIE, CROX, GLS, HTZ, YSI, FRE, FSII, (Set Order just above High resistance) AEN, BEE, ZSTN, XTEX, PQ, AMFI, KRG, RXII, TER, KNDI, CYTR, DRWI, PUDA, DTG, SYNM, PSUN,

Breakdowns: AOI, NEP
Previous Potential Breakdowns:

Dip Picks:
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

8%: PAP, AXU, ACAD, BZH, OSUR, ARNA, XRA,
ADR: CLWT, CYTR,
BB Drop: ARRY,
Others: AEZ

Good Luck,

Tyler

Monday, December 14, 2009

Market Preparation for SP-500 Dec. 15, 2009:

Possible Scenario: Neutral Channel a break above the channel would lead higher otherwise staying in the channel.
Best plays again are short SNSS, NEP, CYCC on gap down.




Breakouts: AEZ, TTM, GMXR, VISN, NEP, CENX, STLD, LZB, CBS, CAR, PIR, TIE, CROX, GLS, HTZ, YSI, FRE, FSII, (Set Order just above High resistance) AEN, BEE, ZSTN, XTEX, PQ, AMFI, KRG, RXII, TER, KNDI, CYTR, DRWI, PUDA, DTG, SYNM, PSUN,

Breakdowns: AOI, NEP
Previous Potential Breakdowns:

Dip Picks:
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

Good Luck,

Tyler

Sunday, December 13, 2009

NOTES TO SELF

1. There are setups every day
2. Watch Twitter intraday for Breakouts from reliable inputs.
3. Triangle Breakouts on above the trendline + vol.
4. Daytrading breakouts on 0.01 above the day high + vol.
5. Swing decisions only on EOD data.
6. On entries confirm by submitting to others for charting.
7. Don't by at open without a limit order
8. Cut bad trades as soon as they move against you.
9. Exit day trades on huge volume spike @ doji except when goes parabolic IE SNSS then exit @ low of previous bar on 5 min.
10. Even on fades in vol better to exit/take profits and find another play IE CENX to SNSS.
11. Look to enter positions based upon pre market volume if they are up on the breakout plays, used for narrowing results. This does not apply to AMEX as NEP gapped up and ran on a breakout and had no morning volume. Still set limit at just above previous day's high.
12. Look for red to green on High Day Rangers or green to red for short. SNSS Excellent example went green on the open and 30-40 min later went red to green for a follow through in a parabolic top.
13. Scans I like the most:
  • 8% gainers, cherry pick adr 30 look for pre market vol and slight gap up or red to green and at resistance
  • 15% gainers over 2 days (short) look for green to red NLST great example
  • Red outside upper bollingerband look for gap down next day on premarket vol.
  • Standard breakout scan w/ premarket vol.
  • High ADR general scan (supplemental)
14. On breakouts I am only looking at 2 days (1 day of breakout and 1 day of follow through) if its not up big after 2 days I am exiting @ open because then it wasn't a breakout. And there are plenty of other opportunities.
15. Breakouts are also best from a really consolidated base NLST, SNSS, GGR etc. bounce plays are much harder to pick because dont know if continuation will occur.
16. Bounce plays cause short covering rallies and only if it breaks the trendline/reaches capitualtion.

Market Preparation for SP-500 Dec. 14, 2009:

Possible Scenario: Neutral Channel
The most awesome plays for tomorrow are short... unless SNSS, CYCC, and NEP keep running seems counter intuitive to me.



Breakouts: AEZ, TTM, SCSS, GMXR, VISN, NEP, CENX, CRNT, STLD, JTX, LZB, UFI, OPD, CBS, ID, SANM, PSS, RIGL, CAR, PIR, (Set Order just above High resistance) EVC, TIE, XJT, CROX, GLS, HTZ, YSI, MTG, QUIK, LCC, LIZ, FRE, AMR, BEAT, MNI, CYCC, FSII, SBSA,

Breakdowns: RJI, AOI, GSI, NEP
Previous Potential Breakdowns:

Dip Picks:
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

Narrowing Picks: MIC, NFP, QCC, ARM, PEI, VSH, FLEX, ODP, OWW, KFN, GGR

Good Luck,

Tyler

Thursday, December 10, 2009

Market Preparation for SP-500 Dec. 11, 2009:

Possible Scenario: Neutral Channel



Setting up new scan parameters as the last set of scans were not following through and I am really just interested in finding quality plays.

Breakouts: AEZ, TTM, SCSS, HOGS, GMXR, VISN, MNI, NEP, CENX, CRNT, STLD, JTX, GSI, AMSC (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): LZB, TSYS, UFI, OPD, CBS, ID, SANM, PSS, RIGL, CAR, PIR, LXRX,

Breakdowns: RJI, AOI
Previous Potential Breakdowns:

Dip Picks:
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

Narrowing Picks: MIC, NFP, QCC, ARM, PEI, VSH, FLEX, ODP, OWW, KFN, , GGR

Good Luck,

Tyler

Wednesday, December 9, 2009

Market Preparation for SP-500 Dec. 10, 2009:

Possible Scenario: Neutral Channel expect flat or gap up to stay in the upper neutral channel a gap down below the channel would lead lower. Mostly confusing read the tape. Now even more confusing. Huge indecision at this stage of the market combined with lack of volume its choppy out there.

Updates will be based upon weekly predictions with this week scoring a 1 out of 5 as today was the same as 2 days ago really confusing with gap down = down farther and I didn't predict anything of value except I "should have taken profits" shoulda, woulda, coulda.

My expectations for the SP-500 are based upon the current up movement in a neutral range.



Setting up new scan parameters as the last set of scans were not following through and I am really just interested in finding quality plays.

Breakouts: LVLT, CENX, MRVL, CRNT, STLD, JTX, GSI, AFFX, AMSC (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): LZB, TSYS, UFI, OPD, CBS, ID, SQNM, SCS, SNV, RMIX, BKCC, SANM, PSS, RIGL, CAR, PIR, LXRX,

Breakdowns: RJI, AOI
Previous Potential Breakdowns:

Dip Picks:
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

Narrowing Picks: MIC, NFP, QCC, ARM, PEI, VSH, FLEX, ODP, OWW, KFN, , GGR

Good Luck,

Tyler