Posts Tagged by stocks to day trade
5 Stocks to Watch in Overbought Territory
| January 12, 2012 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
5 Stocks to Watch in Overbought Territory By Cory Mitchell, CMT The following 5 stocks to watch have been ripping higher in the last month. All are in very overbought territory, but that does not necessarily mean they will collapse. Day traders and swing traders may want to keep an eye on these 5 stocks…for…
Volatile Stocks to Day Trade – December 19
| December 19, 2011 | Posted by admin under Day Trading Ideas |
On the weekend I posted an article on finding stocks which are almost guaranteed to produce big moves. Basically this is accomplished by running a screen for stocks which are already moving a lot over the last 10 days, 30 days, 100 days, etc. Day traders can use the stock screen to focus on trading stocks which…
Day Trading Outlook & Stocks to Watch – September 23
| September 23, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis |
Tough Thursday for stocks. SPY finished down 3.23% to 112.86. This is an extremely important move as the market gapped below the upward sloping trend channel. Prior to this price was moving in an upward corrective channel a midst a broader bear market. This move today makes another leg down highly! probable. Targets are 106…
Day Trading Outlook & Stocks to Watch – September 21
| September 20, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis |
Good intra-day moves again today, although you may not know it just by looking at the close. SPY finished down just slightly (0.12%) to 120.17; intra-day we moved 1.6% from low to high. The weakness in the markets in the afternoon was foreshadowed much earlier in the day when VXX began to rise WITH the futures. Not…
Day Trading Outlook & Stocks to Watch – September 20
| September 20, 2011 | Posted by admin under Day Trading Ideas |
No real change in the long-term outlook for the stock market after Monday’s performance. SPY, the S&P 500 ETF, finished down 1% to 120.31. We still remain in an upward sloping corrective channel. Top of the channel currently at 126, low of the channel at 114.50. I personally feel this market can go either way…
Day Trading Outlook & Stocks to Watch – September 19
| September 19, 2011 | Posted by admin under Day Trading Ideas |
During the absense of market updates last week the market marched higher, although still within the upward sloping correction channel. The top of this trend channel is right at the 126 level on SPY (S&P 500 ETF). This level corresponds to the breakout level of the long-term range which began this downtrend. It is common…
Day Trading Outlook & Stocks to Watch – September 12
| September 13, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis |
Quite a day for day traders on Monday with loads of action both up and down. SPY, the S&P 500 ETF, finished higher after a massive rally in the last hour. Up 0.65% to 116.70. That rally kept the market above the short-term upward sloping trend channel support line. See Stock Market Approaches Support, Another…
Day Trading Outlook & Stocks to Watch – September 9
| September 9, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis |
SPY, the S&P 500 ETF finished down 1.04% to 119.04. This puts it back in the middle of the upward sloping short-term trend channel. Volume was slightly more than yesterday’s up day, but not significantly so. Intra-day trading again saw big swings in both directions, showing the trader confusion as the short-term and longer-term trends…
Day Trading Outlook & Stocks to Watch – September 8
| September 8, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis |
Markets popped today even after a gap higher. SPY finished up 2.82% to 120.29. The S&P 500 ETF is in a short-term upward sloping trend channel. The top of channel aligns with the original breakout point (when the market broke below 126-the low of the range we had been trading in since the start of the year)…
Day Trading Outlook & Stocks to Watch – September 7
| September 7, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis |
After gapping down signficantly after the long weekend, stocks recovered much of the losses, but still finished negative. From Friday’s close, SPY, the the S&P 500 ETF finished down 0.73% to 117.03. Resistance is close by at 117.50, close to Friday’s low. The short term trend remains up, but the longer term trend is down.…
Stock Market Outlook & Stocks to Watch – September 6
| September 6, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis |
On Friday, SPY, the S&P 500 ETF, finished down 2.55% to 117.84. This places the index back within the former range, indicating the upward push earlier in the week was a false breakout. Short-term trend remains in place since August 9. Yet is unlikely to continue for long given the false upside breakout which has occurred.…
Stock Market Outlook & Stocks to Watch – September 1
| September 1, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis |
The market outlook remains similar to the last couple days. SPY, the S&P 500 ETF, finished up 0.44% to 122.22. This closing price keeps us above the 121.20 level which is the high of the range we recently broke out of. We are in an area where there is little resistance until 125-126. A drop…
Stock Market Outlook & Stocks to Watch – August 31
| August 31, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis |
Tuesday felt much strong than it actually was. The markets took a nose dive early and then spent the rest of the day recovering and chugging higher. SPY, the S&P 500 ETF, finished up 0.32 (0.26%) to 121.68. Assuming we can stay above 121.20, which is the high of the range we were in over…
Stock Market Outlook & Stocks to Watch – August 30
| August 30, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis |
Markets marched higher in a smooth fashion today. SPY, the S&P 500 ETF, tacked on gains of $3.39, or 2.87%, to close out at 121.35 This is above the range high of 121.20 , which we saw intraday back on the 17th. A close above this level is especially significant, although volume was very small…
Stock Market Outlook & Stocks to Watch – August 29
| August 29, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis |
I took off early for the weekend on Friday. When I left in the morning the market was still dropping. But what an unreal turnaround from there. SPY, the S&P 500 ETF, had an intra-day range of over $4.50. Up 1.45% to 117.97. While we had some aggressive moving days last week, nothing really changed from a…
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