NEU ALY

NEU is one of the stocks on my top 10 trading list.   It's in a process of breaking out today.   Given the kind of momentum this stock has exhibited in the past, it should have some meaningful follow through.    What I like particularly about the setup is the consolidation prior to this move.   The consolidation looks solid for this move.    Recent earning and Insider buying are the two catalyst Imo.   This one is for my chase today.

ALY got a nice RBC upgrade today and the fact it debuted as #50 in IBD helps.   This co. also did a recent offering and was taken very well.    It's one of the few stocks attacking 52 week high I really like.     I'm adding on weakness.

Wrapping it up....UIC entry

It's definitely an interesting day!   For the first time in a while, I actually had quite a few tradable small caps setups for today.    Hopefully this could be the beginning of something similar to come, and timing can not get any better since it's near the end of Aug.

NEU, moved huge after gapping up from the consolidation resistance and it pretty much went straight up and took out the old high.   This is a very volatile stock and I believe the best play is to get in aggressive and early today with some faith that it could pull a move like it did today.   Of course, it's never easy in this mkt environment and I only started adding aggressively when volume comes in.   The big question next is whether it'll have meaningful follow through.   With the volume like it pulled today, my thinking that it will, but it will be done in a volatile fashion.

ALY,  I wondered what the stock will do if without the RBC price tge increase?   The move today was a combination of IBD chaser and RBC upgrade.   Again, volume is good and one can only believe that this may be able to setup a new trading range.

HWCC,  I've been in this stock since the day it reported and wondered when it will actually take out the earning day high.    Well it came today on pretty convincing volume.    I always felt that there was a big seller doing his job around $20 but certainly he's either gone or is being overwhelmed today.    I have high hopes for this one and will add aggressively now that the stock is making itself known on a day like today.

LXU,  what started as a chart play may turn into a momentum play.   All I know is that this thing trades on AMEX with a small float.   The co. is profitable and is showing growth.   Those are definitely good ingredient.    But boy, the chart looks great for momentum players.

I also traded a few other things like TRMB GROW ALB EME PWEI .. and am holding a few of those overnight.

cheers,

Update on Monday, August 21, 2006 at 09:18PM by Demi/ YourPersonalTrader

UIC- big EPS winner last March-April for us is back on close watch. Chart , way off highs+ press of unmanned tactical aerials

Update on Tuesday, August 22, 2006 at 11:42AM by Demi/ YourPersonalTrader

UIC- BOT trading under 51, up nearly 3% on day, needs vol for a nicer move.

Update-Closely watched/Holds

A week of low volumes, no buyers and no sellers in the market didn't stop a few DJIM highlighted to have some nice moves. When holding a basket of stocks, I like to calculate the weeks trading in points +/_. Adding, subtracting all the moves no matter if it's a $10 or $50 stock equally. So in keeping with this, the weeks alerts, Sundays hold/closely watched hit list provided opportunity for up to +4pts w/NEU, HWC+3, WBD+3, a few pts on PWEI, UIC..a pop on PGTI. The biggest % gainer had to be BTJ for as many as +3/4 pts. At the end of the week, 2pts here, a few here and there add up and you have a pretty good week while those in the indecies watched the paint dry. You don't have to be a full-time trader to walk away with a substantial portion of the points mentioned. Even buying BTJ the day following mention, a slow moving WBD type or catching a fast moving NEU and you still walk away with more than a handful of points into the weekend.

The only stock we took off last weeks hitlist was INPH(see 08-18WList log), the volume was just not there. We are keeping to the same stocks going into the week with a few additions to keep close to you. Also with Ernesto in the path we might get a shift into some sector momentum trading, our lists can change quickly and we'll let you know what we see as will some others who have been with us for more than a few years now from the Swamp, Sharkinvesting.com, TradingZoom forums.

One possible play mentioned here is PGTI, late last week Briefing put it at the top as a Hurricane play.This is primarily a Fla. company where codes are taking course and where it gets the chunk of its revenues, soon the Gulf states will have to get in gear. As with almost all plays, the base is stellar earnings...hurricanes or foreign beverages(WBD). A possibility with Ernesto is Light crude kicking over the recent $73 and change level that might really drive that sec.as well....Names, ideas are open to discussion in Market chat. Going forward the market might consolidate further until the Hamptons empty and the real buyers or sellers get to their pretty window views. With or without them opportunities for momo trading like last week should still exist. Remember most names we toss around have EPS that is above the average, this serves as a base for sometime unless the market turns as is the case with anything else, except the smaller floats that catch the momentum up, catch it down as well. It's really about entry...you snooze, you lose at the top. Investing in these earnings plays is not out of the question for longer swings, It just depends how much volatility you can stomach..just don't take your sweet time and decide at a Friday's close to enter a position in a BTJ move.

Anyways...the lines are clearly drawn on the DJIA, SP, NASD100 as to what is support for the market. Here is a list of hold/closely watched going into Monday. Most can be found in BT's charts.

ALY, BGC, BTJ, CTCM, FTEK, GRB, HWCC, ICLR, IPSU, LXU, NEU, PGTI, UIC, WBD....we could add a few more but we worry Blacktruck might run out of paint at this pace;

Aug. 28 Update

We have an interesting day so far.   Index is up as if we are starting a fall rally already.   As far as the kind of stocks we are concerned here, they're also getting some interesting action.

BTJ, well as if we are gonna start talk about something else today.     We believe it's a combination of "sell on the news" and slight disappointment of "it only came in at #14 on IBD".    No matter what, BTJ does need to rest.     What's so interesting about this play is that now it's on IBD 100 list, but at #14 spot, what do you do next?    It still has eps 99, rs 99 rating but yet it's no where near the top.    My strategy is to play it on the long side b/c as long as there are people who believe that this thing will eventually move to #1 spot on IBD100 list, there will be plenty of action.    Volume is great and potential upside is also great.     Depends on how it closes, I'm either going to buy some back if it closes well (around $18) or wait till tomorrow if it closes poorly (below $17.50).      As it stands, 9 ema is around $16.20 and if we close poorly today, there's a shot that it may try for the 9 ema tomorrow.      In either case, I will start buying aggressively starting tomorrow.

UIC, if you don't like the volume, then you must like the action.   I'm leaving this one be at this point.

ALY, it gaps up and is so far holding on great volume.      I've added some and hopefully it doesn't fade near the end.

HWCC, this one is having a bit of a disappointing action considering its debut on IBD100.   I think it's still working off its IPO inventory.   I did reduce some exposure and will not do a thing unless it breaks out of the recent top.

NEU, BT posted that it's setting up for a short entry based on the chart.    I do have a different opinion thinking that this one is in a consolidation phase from the recent gain and it'll take out the recent high sooner than later.    However, this stock is volatile enough that you can literally play both sides of the action in same day.

GRB, this is a recent pick that's trying to break out from its recent high.    So far it's holding up and volume is increasing but I will wait till later to decide if I'd be adding this one or not, based on the potential close that is.

ANST, I traded this one earlier today and am adding this one to the watchlist.    This stock had a good reaction to its earnings last Friday and today is helped by the IBD listing.    This one has quite bit of institutional exposure so I don't expect it can be pushed around like BTJ.

other stocks also performing off our list include CTCM, IPSU....     also, b/c index is performing well, you can always try your luck with NVEC, TZOO

cheers,

Update on Monday, August 28, 2006 at 03:20PM by Demi/ YourPersonalTrader

..end of day, the quiet star might be AMIE profiled last week...the other side of the BTJ's, but still EPS based.

Update on Monday, August 28, 2006 at 04:13PM by Demi/ YourPersonalTrader

Quick chart glance at the best moves today.

http://tinyurl.com/gudzu

After the Minute

what started as a typical dismal Aug. day during the last week of the month turned out to be very exciting toward the end.    Of course, you still wouldn't feel it unless you are trading our kind of small caps.

BTJ, once again it's on my top watch list and also the first thing I wanted to talk about.    All I want to say is that you are gonna wish that you bought some shares earlier today.    I started dipping some earlier today and got more progressively as its action turned from so so to fantasitic.      Maybe this stock will eventually crash down or burn in flame like IFO or ERS, but for now, momentum rules and you have got to hammer this one as it gets hotter and hotter.     In fact, most of my trading gains come from plays like this.     The point is, when a stock like BTJ  has this kind of liquidity, the momentum and everything else which makes a great small cap winner, you just have to go all out and put all your effort, capital, and focus into it.     Of course, I don't have to take this much risk now and even though I'm playing BTJ with less than 10% of my equity, it can still count for substantial gain when I play it right.     

FTEK,   would you look at that flag?   This is a typical break out scenario which we've played many many times before.   However, it never gets old.

NEU, I thought this is the second best setup next to BTJ.    It is very volatile for a $60 stock but when you get it right, the reward outweighs the agony tremendously.    Blacktruck has had some very nice chart + timing attached on this stock and I'd suggest anyone go check it out.    I'm long a few today but will add aggressively the second it takes out $63.

aside from the above three which I thought were the best setups on my screen, others include UIC IAAC PWEI IPSU ANST HURC all closed near the top of their range today and I believe they all have the potential to get some carry through tomorrow.

Sept 1, Closing Update

What a week it turned out to be!   We have had some really nice movers from our DJIM watchlist and it's definitely paying off to be in this market when everyone else seems to be on vacation

IAAC,  not much I can say about this one as this is "what you see is what you get"!    Most people may not be comfortable with this kind of runup, and it's ran up after the fact it already had a strong week and month.    Well, this is what me and Demi and a few other traders have been playing during the last few years.    When all of your portfolio and all of your plays and things on your watchlist are all as volatile as IAAC, then after a while they become normal.     You basically have to get used to it.   For me personally, it did take a long time to grasp the concept of "trading a group of  most volatile stocks while applying the most conservative strategy"!     I'll elaborate on it more this weekend.

GROW, see above!     I felt that it has more legs left going into next week.  The only thing you have to watch out for is that it's releasing earning next  Friday.

NEU, patience may be paid off given today's close.    what can I say?  It closed at its day high, monthly high, and a new 52 week high!    This to me is about an ultimate close that a stock can get. 

other stocks closed well include FTEK PWEI WBD....  and a couple of new ones I'm adding to watchlist.

again, you don't have to own or play every single stock out there, just make sure you hammer out the best plays.

cheers,

DJIM list WK #3

DJIM will be going into the week with the names listed below, narrowing the list to concentrate on the more volatile names recently added (IAAC,BTJ,GROW). Last weekend we were looking for momentum trading to continue with or without Mr&Mrs Hampton, late in the week we certainly got that with IAAC breaking its volume highs, GROW coming along for the ride. What you want is a breakout with volume, those two got more than enough on the last friday of trading at the end of a dull summer. If this is not enough to start the week, there is BTJ that has refueled over the weekend at IBD #3 and looks to have setup for another trip north. We are not going to fight the tape with these, it will decide what we/you should do. This goes with keeping with whats working and finishing strong or showing resilency on dips and that's what we want to hold. ALY,AMIE,WBD are still performing well off our Aug18th list. WBD on friday is why you keep a tight list which we try to do, a 4pt intraday reversal to a high is something to behold. You don't have to be environmentally friendly to recycle stocks. NEU closed at a high too and definitely came back on some screens over the weekend. UIC has also performed well up 4 pts since being added. Something tells me GRB, FTEK, PWEI feel left out and one or two will let it be known this week. PGTI remains the Baskin Robbins play...hurricane flavor but you need to watch the homebuilders next to it. The others we will keep on the ticker above, what we want is to see life for an attempt at a breakout.