2005-08-29, Monday - Update
This morning, I monitored one list of stocks (14 total equities): Those equities from our daily Hot List and from our Final Universe List finding themselves "In Dry Up."
Dry Up Stocks
CKCM DCAI DPTR HANS IIG IRIS JMDT MCRI NFLX NGPS RADS RTSX TRGL VDSI
Our system generated five possible trade signals from the list of fourteen Dry Up Stocks when actual volume exceeded calculated "Low Band" Dry Up Volume prior to 11:30 AM.
Dry Up Stocks Triggering Signal
RTSX TRGL DPTR NFLX NGPS
Dry Up Stocks NOT Triggering Signal
CKCM DCAI HANS IIG IRIS JMDT MCRI RADS VDSI
RTSX did not show price improvement ($25.10) at time of signal generation (9:47 AM). In addition, MACD Histogram showed a negative return (-.1845). Also, The Stochastic Indicator fell below desired levels (0.00). As a result, I took no action with respect to trading RTSX.
TRGL did show price improvement ($30.75) at time of signal generation (9:53 AM). In addition, MACD Histogram showed a positive return (+.1182). Also, The Stochastic Indicator fell above desired levels (92.27). As a result, I entered into a long position with 400 shares of TRGL receiving a fill price of $30.75 USD.
DPTR did show price improvement ($17.70) at time of signal generation (10.00 AM). In addition, MACD Histogram showed a positive return (+.0607). However, The Stochastic Indicator fell below desired levels (44.66). As a result, I took no action with respect to trading DPTR.
NFLX did show price improvement ($21.34) at time of signal generation (10:17 AM). In addition, MACD Histogram showed a positive return (+.0329). However, The Stochastic Indicator fell below desired levels (69.39). As a result, I took no action with respect to trading NFLX.
NGPS did not show price improvement ($25.82) at time of signal generation (10:30 AM). In addition, MACD Histogram showed a negative return (-.2663). Also, The Stochastic Indicator fell below desired levels (36.52). As a result, I took no action with respect to trading NGPS.
Soon after entering into a position, price for TRGL dropped significantly triggering my 2% stop. As a result, I sold all shares of TRGL at the $30.13 price point. This intraday trade yielded a single day gross loss of -$248 USD for a loss of 2% on 400 shares.
- Spydertrader
This morning, I monitored one list of stocks (14 total equities): Those equities from our daily Hot List and from our Final Universe List finding themselves "In Dry Up."
Dry Up Stocks
CKCM DCAI DPTR HANS IIG IRIS JMDT MCRI NFLX NGPS RADS RTSX TRGL VDSI
Our system generated five possible trade signals from the list of fourteen Dry Up Stocks when actual volume exceeded calculated "Low Band" Dry Up Volume prior to 11:30 AM.
Dry Up Stocks Triggering Signal
RTSX TRGL DPTR NFLX NGPS
Dry Up Stocks NOT Triggering Signal
CKCM DCAI HANS IIG IRIS JMDT MCRI RADS VDSI
RTSX did not show price improvement ($25.10) at time of signal generation (9:47 AM). In addition, MACD Histogram showed a negative return (-.1845). Also, The Stochastic Indicator fell below desired levels (0.00). As a result, I took no action with respect to trading RTSX.
TRGL did show price improvement ($30.75) at time of signal generation (9:53 AM). In addition, MACD Histogram showed a positive return (+.1182). Also, The Stochastic Indicator fell above desired levels (92.27). As a result, I entered into a long position with 400 shares of TRGL receiving a fill price of $30.75 USD.
DPTR did show price improvement ($17.70) at time of signal generation (10.00 AM). In addition, MACD Histogram showed a positive return (+.0607). However, The Stochastic Indicator fell below desired levels (44.66). As a result, I took no action with respect to trading DPTR.
NFLX did show price improvement ($21.34) at time of signal generation (10:17 AM). In addition, MACD Histogram showed a positive return (+.0329). However, The Stochastic Indicator fell below desired levels (69.39). As a result, I took no action with respect to trading NFLX.
NGPS did not show price improvement ($25.82) at time of signal generation (10:30 AM). In addition, MACD Histogram showed a negative return (-.2663). Also, The Stochastic Indicator fell below desired levels (36.52). As a result, I took no action with respect to trading NGPS.
Soon after entering into a position, price for TRGL dropped significantly triggering my 2% stop. As a result, I sold all shares of TRGL at the $30.13 price point. This intraday trade yielded a single day gross loss of -$248 USD for a loss of 2% on 400 shares.
- Spydertrader