By far one of my best screens in determining who is buying what on the street! What you will find are those stocks that, among other variables that I use, 1) Gaining an increased amount of coverage by brokerage firms and...
Read MoreBelow are seven trade setups that I like going into today, and that I am paying close attention to, for a possible trade entry. Each of the trades below are momentum trades/breakout plays. Here are the 7 Long Setups I am...
Read MoreCurrent Long Positions (stop-losses in parentheses): BZ (8.10), MI (6.85), MWV (26.37), CLMT (21.53), MMM (85.55), ALKS (12.17) Current Short Positions (stop-losses in parentheses): None BIAS: 35% Long Economic Reports...
Read MoreThis screen here is useful for finding those stocks starting to catch some momentum to the upside. This is similar to its sister-screen that I call “Stocks That Are Breaking Down” (but just the exact opposite). A lot...
Read MoreI’ve been following Alkermes (ALKS) for almost a month now waiting for it to breakout. Today we finally got that, but the key for this stock is that it manages to close above the 200-day moving average, which has been a...
Read MoreCurrent Long Positions (stop-losses in parentheses): BZ (8.01), MI (6.85), MWV (26.37), CLMT (21.53) Current Short Positions (stop-losses in parentheses): None BIAS: 28% Long Economic Reports Due Out (Times are EST):...
Read MoreI went long on CLMT this afternoon at $22.25 with a stop-loss at $21.27. So far so good – it has been an ideal breakout, already up over 1% on strong volume. Somewhere around $24 would be an ideal place for taking profits....
Read MoreIf you’re looking for some nice defensive stocks to go along with the rest of your long positions in the portfolio, then take a look at the list of stocks below that are more defensive than growth oriented. They are stocks...
Read MoreIts looking a little bearish out there to start the week. I wouldn’t say though that the bears have shown me enough conviction to rule out an afternoon rally. Nonetheless, I need to be a good Boy Scout and always be...
Read MoreCurrent Long Positions (stop-losses in parentheses): BZ (7.95), GNK (14.37), MI (6.77), DF (8.58), LSI (5.91), MWV (26.08), Current Short Positions (stop-losses in parentheses): None BIAS: 21% Long Economic Reports...
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