Stock watchlist for 2.2.2014

Bullish stocks:

AEE, ALR, AWK, ATK, BABY, BAC, CFN, CMCSA, CMCSK, D, DEPO, DLB, DXCM, EXR, MRK, NGLS, NEE, NVDQ, OKE, PKI, RCL, SE, TEVA, UFS, VLO, ALK, ALKS, ARII, BSX, BX, CALD, CVD, EFX, EXH, GD, GMED, GMCR, GRFS, HII, HSP, HSY, HTLD, IDXX, LLY, LPLA, MYL, NKTR, OCR, PNM, PTEN, SFL, SRE, TMO, TOL, VNDA, WLK, WERN, WR, AB

Bearish stocks:

BLMN, CBSH, CHRW, DGX, RAI, T, VZ, CNP, OGE, SNH, TEG, ABV, CCK, LECO

 

ETF watchlist for a week starting 3.2.2014

Bullish ETFs:

NIB, COW, FDN, IBB, IGN, IDU, MLPN, TAN, VNM

Bearish ETFs:

EEM, DBC, DBB, DBE, DBP, JJC, COPX, IYK, MOO, PBJ, XRT, EZA, TUR, CHIQ, EWA, EWH, EWJ, EWM, EWS, EWT, EWY, FXI, GXC, IDX, PIN, TAO, THD, ARGT, BRF, ECH, EWZ, GML, GUR, RSX, FXC,

 

 

US markets in range

The S&P index in in a small trading range that declares a neutral trading situation right now. I feel that it is better to stay away from the market and wait for a clear decision. The break out of this range will define future trading direction. When the price breaks above the range and moving averages,  I will put my effort to bullish trades.

If the price will break down the range and support trendline, the best way will be to short sell the stocks and ETFs.

20140201_SP500_chart_analysis_from_simple-stock-trading-com

 

DLB Trade setup

DLB is one the strongest stocks in the market now. I plan to trade it on the bullish side.

 

20140130_DLB_swing_stock_trade_setup

My entry is at 41.67 with a stop loss at a 40.70 and a target below 45.

 

 

Market not bullish anymore

I have waited for a FED meeting to see market reaction. It is not very volatile yet. But the market is not in strong bullish trend anymore. It is neutral as the best But if it broke below yesterday lows, the situation will be negative.

What it means for a trader like me? That I want to be conservative. I am not going to trade aggressively and I plan to include also short sell trades into my setups. I plan to trade only the strongest stocks on the bullish side.

20140129_SP500_chart_analysis_from_simple-stock-trading-com

Stock watchlist for 26.1.2014

Bullish stocks:

ATK, AWK, BBEP, BXS, CSE, CSOD, DLB, EPD, EXR, MCK, MRK, NVO, PACW, PMC, PTEN, RDS-B, RLJ, TER, UMPQ, DXCM

Bearish stocks:

AKR, ALTR, APC, APU, AVB, BTI, CASY, CCI, CMS, CNP, CTRP, DGX, DTE, ED, ELLI, ETR, FLO, HME, LNT, LUK, OGE, PPO, PSA, ROSE, T, TEG, VZ, WGL, ZUMZ

S&P500 turned neutral and maybe negaive

The major S&P 500 index broke down both short and mid-term moving averages. The breakdown is accompanied with strong volume so it looks like serious selling from big investors. The first level of possible support is 1775-1785 area as shown on the chart below.

20140124_SP500_chart_analysis_from_simple-stock-trading-com

I do not want to turn to bear mode now, but I plan to be more cautious on both sides. A few days without action could also be the solution for this week.