Search results

Fairly typical morning with the news stocks...usually 1 to 3 will give setups and trades. Today trades are in MENT from $9.65 long, and OVER short from 24.25 (still open). I tend to not really look at anything any more after 10:30 or 11cst until about 2cst...I found that between that time if...

I guess thats an example of me using a term in a non std. way, coz I have all kinds of questions about it :). I should have called it relative weakness....but what I mean is that the downtrend is showing that its relatively strong. B

Mentor Graphics (MENT): The company has lowered Q2 Guidance, saying that they expect a loss of $0.40 per share. The stock has a nearly perfect double bottom forming up on the weekly chart. Look to buy on strength.l That'll be it for now. I will post more tonight. Good luck today. Expect the...

I will just throw this one in here while I'm giving setups. The play of the week is a Swing/Position Trade that I send out every Sunday to the world. Huntington Bancshares (HBAN) is in a nice weekly uptrend. Over the last several weeks it has pulled back to an area of price support, this...

***Overture Services, Inc (OVER):*** Goldman has raised earnings esitmates on the stock. It is forming something of a daily and weekly bear flag. Additionally it was one of the only names in tech that did not participate in Friday's rally, suggesting a good degree of relative strength. Brandon

Cobalt Microelectronics (CCMP): Barrons was talking trash about them this weekend. Said short sellers have a case that its high margins in the slury business are in trouble because some day someone will compete with them. The stock is at a very strong area of support. Look to buy strength...

Level3 Communications (LVLT): Warren Buffet has invested a whole $100million (out of about a $50billion net worth) in the Omaha based telecomm. The stock is at a nice area of support, so I would be more likely watch for upside than downside in it. Watch how it holds its gap. Brandon

The news often provides a catalys for large moves in individual stocks and in the market as a whole. Most people, however, manage to lose big when they trade the news by buying good news and selling bad news blindly. This does not always work because the news does not mean anything in and of...

[08:34] <Brandon> 08:34:37 DAY TRADE: (Based on daily and intraday setups. Holding period = several minutes to several hours. Closed by end of day) BUY SETUP SEBL above $15.80. Stop under $15.60

Because the only edge I can hope for is lucky, and Im not that lucky.

Casino's are conservative to trading after hours. Why would you do it?

[09:31] <Brandon> 09:31:38 DAY TRADE: (Based on daily and intraday setups. Holding period = several minutes to several hours. Closed by end of day) BUY SETUP TRDO can be taken long above 17.85. Stops under $17.50

here is a list of a few more stocks with upside potential. ATH CSCO DIGL FDP DLTR Good Trading, Brandon

Qualcom, Inc (QCOM). Among the former "glamour" names none has held up as well as Qualcom. It is one of only a few that is still priced above $25, and while it could be argued that this means it is simply more over valued than the others from a technical perspective it also is showing relative...

[20:04] <Brandon> Im going to talk a bit about scanning tonight [20:04] <Brandon> because I get a lot of questions about [20:04] <Brandon> what should I look for [20:04] <Brandon> I will just start from the time the market closes [20:04] <Brandon> and then progress as the day moves on...

The following is the transcript from a discussion in my Chatroom today were we are discussing finding strategies to trade with. ---- [13:55] <primelaw> B, do you think it worthwhile to specialize in one stock while learning the ropes? [13:56] <Brandon> well I dont like the idea much...

SMH was closed at the close. here as a chart from near the time of the alert.

[13:22] <Brandon> 13:22:34 DAY TRADE: (Based on daily and intraday setups. Holding period = several minutes to several hours. Closed by end of day) SHORT SETUP SMH can be taken short under $34.70 with stops above $35.25.

[11:39] <Brandon> 10:38:28 SCALP TRADE: (Based on intraday setups. Holding period = several minutes to an hour. Momentum trade. Exit at S&R.) BUY SETUP GZMO above 3.35 Reasons: [11:59] <Brandon> I can walk through the setup and trading it if youd like? [12:03] <Brandon>...

4% gaps to the upside have never filled in my study period (5 years) on the day they occur, 4% downside gaps have filled 1/3 of the time on the day they occured. The average gap on the Nasdaq is 1.18% up or down during this period, 71% of "average" gaps will fill. Gaps that are two times larger...