Spydertrader's Jack Hershey Equities Journal

[svrz]

Quote from Spydertrader:

According to my data, Dry Up occurred during the third bar as marked on the attached chart. As we anticipated, we would have profited some on this trade, had we chosen to trade the signal this morning. It remains to be seen if we would have achieved our target 10% in 4 days. Using the MACD crossover exit, we could have expected an exit price of $33.25.

Out of curiosity, how do you export those charts you posted above out of Wealth Lab Developer?

Thanks for the input.

- Spydertrader

Hi Spydrtader

Just right click on the chart and then select 'Paste to Clipboard'. After that, go to Paintshop or a similar program and simply do a past. Voila.

Hope this helps.

Take care

 

[Spydertrader]

Sevens - Ones - Zeros
VCLK - NAVR - TNP
MKTW - UPL - CTXS
CCRT - ARTI - RIO
NPO - JCOM - AMX
RSTI - CREE - URBN
CNC - PMTI - LSCP
ARTC - DECK - HDWR
JUPM - EWBC - CTSH
EAGL - CRDN - DDN
SFCC - DPTR - FFIV

Hotlist

MKTW
PMTI
FFIV
JUPM
NAVR

Watch List

NVEC - DU Cycle - DU5
HRT - DU Cycle - DU5 - DU10
ESMC - DU Cycle - DU5 - DU10
CALM - DU Cycle
LWAY - DU Cycle - DU5 - DU10 - DU20
HANS - DU Cycle
ALDN - DU Cycle
NAVR - DU Cycle - DU5
HLEX - DU Cycle - DU5
LIFC - DU Cycle

Wealth Lab Equations

ESCI
VSEC

Scores for above Stocks

ESCI - 4
VSEC - 2

(VSEC, NVEC, HRT, IDSA & LWAy have float outside normal parameters)

 

[Spydertrader]

Unfortunately, none of the stocks in our watch list experienced actual volume above calculated Dry Up Volume prior to 11:00 AM. The actual current volume of NVEC, HRT, CALM & HLEX exceeds the individual calculated Dry Up Volume for each of the equities in question. Although the breach of Dry Up Volume levels occurred AFTER 11:00 AM, we will monitor these stocks to see if they reach FRV by end of day. While both NVEC and HRT currently have float outside normal parameters, we monitor the charts anyhow for educational purposes.

- Spydertrader

 

[Spydertrader]

The actual volume for CALM exceeded FRV status by 3:10 PM this afternoon. Although CALM failed to reach Dry Up Volume by 11:00 AM, we anticipate the stock price continuing to rise based on the increase in volume. MACD remained positive (.1533) but falling in slope, and The Stochastic Indicator held steady above 75 at 83.1323. However, after reviewing the chart for CALM (Attached chart is EOD, not realtime), we notice that priced has already traversed the channel prior to our entry signal. As a result of the current CALM price (at 3:11 PM) maintaining a position so close to the left side of the channel, we do not take the trade. For those of you wishing to track this decision, at 3:11:28 PM the spread was as follows: Bid: $11.25 Ask: $11.37 Last: $11:30 (1100 shares)

I hope you find the above information useful.

- Spydertrader

 

[Spydertrader]

Sevens - Ones - Zeros
NGPS - NAVR - EWBC
IDSY - HDWR - KNGT
HDB - SHFL - VCLK
EAGL - JCOM - LSCP
SEAC - ALDN - RIO
KSWS - JUPM - CREE
PAAS - AMX - TKC
MTXX - CTSH - TIBX
CRDN - EPIC - UPL
ARTI - NTAP - HRT

Hotlist

HRT
NGPS
IDSY
ALDN
JUPM
NAVR

Watch List

BCSI - DU Cycle - DU5
ESMC - DU Cycle - DU5 - DU10
LWAY - DU Cycle
HANS - DU Cycle - DU5
SWIR - DU Cycle - DU5 - DU10 - DU20
NAVR - DU Cycle - DU5 - DU10
SMTS - DU Cycle - DU5 - DU10 - DU20

Wealth lab Equations

BCSI
VSEC

Scores for above Stocks

BCSI - 0
VSEC - 5

(VSEC, NVEC, HRT, NGPS, IDSA & LWAY have float outside normal parameters)

Keep an eye on ALDN over the next few days (See Attached Chart)

 

[Spydertrader]

Our system failed to generate any signals today. None of the Watch List stocks experienced actual volume exceeding calculated Dry Up Volume by 11:00 AM. Our "keep an eye on this stock" pick - ALDN - appears to be doing quite well today - up .51 over yesterday's close. CALM, a stock we 'passed' on trading yesterday, has seen its price trade all over the board. Currently, CALM trades up .16 over yesterday's close. Volume for CALM remains strong.

- Spydertrader

 

[Spydertrader]

While none of our Watch List stocks made it to "Dry Up" before 11:00 AM, actual volume for SMTS (Attached EOD Chart) did reach FRV levels prior to the close. However, SMTS has an average volume outside our normal parameters - too low on the average daily volume. As a result, we take no action with SMTS. Ignoring the low volume for a moment, we also did not see price improvement with SMTS. Lastly, the chart for SMTS fails to show the classic 'pattern' referred to in posts by Gallas2. As a result, even if one wanted to ignore the lack of volume on a daily basis with this stock, SMTS has additional problems that would preclude taking on a position.

- Spydertrader

 

[Spydertrader]

MSB - NAVR - PAAS
ENWV - SHFL - PHS
KFRC - AMX - NTAP
RSTI - JCOM - ARTC
CRDN - CTSH - MSA
SEAC - HDWR - URBN
CHTT - EWBC - DECK
RIO - YHOO - PMTI
UTHR - HRT - ULCM
KNGT - FFIV - DRIV

Hotlist

HRT
FFIV
PMTI
NAVR
ENWV
MSA

Watch List

NVEC - DU Cycle - DU5
BCSI - DU Cycle - DU5 - DU10
ESMC - DU Cycle - DU5 - DU10
LWAY - DU Cycle - DU5 - DU10 - DU20
ANIK - DU Cycle
HANS - DU Cycle
SWIR - DU Cycle - DU5 - DU10 - DU20
EVCI - DU Cycle - DU5
NAVR - DU Cycle - DU5
PETD - DU Cycle
HLEX - DU Cycle
LIFC - DU Cycle

SRVZ Wealth Lab Equations

BCSI

G33M4K Score for above Stock

BCSI - 0

The Gallas2 "Keep an Eye on Stock"

SWIR (See attached Chart)

(VSEC, NVEC, NGPS, IDSA & LWAY have float outside normal parameters)

 

[Spydertrader]

Once again, our system failed to generate any signals. Not a single stock had actual volume exceed calculated dry up volume prior to 11:00 AM. CALM, a stock we passed on two days ago, is currently down a few cents over yesterday's close (but .20 above the point we decided to pass on the stock). SMTS currently trades .10 down from yesterday but up off the daily low. Failure of both stocks to continue their respective trends would appear to confirm our decisions over the last two days. Both our "Gallas2 Keep an Eye on These" stocks (ALDN & SWIR) continue to trend upward. Use of the Nwbprop "Point Three Trendlines" continues to aid in picking Hershey Stocks, as well as, eliminate those stocks failing to have a likelihood of profit.

I find HANS (attached chart) interesting. The stock is up $1.45 today, but it has done so on relatively low volume - half the daily average. What I find so interesting is that HANS appears to rise on price on low volume, but fall in price on high volume. Perhaps, we should label HANS an "Anti-Hershey" stock. In addition, the increase in price occurs during less than optimal MACD and Stochastic conditions. MAybe HANS is the exception to the rule.

I hope you find the above information useful.

- Spydertrader

 

[Spydertrader]

HANS Chart as of EOD Today.