Archive for the 'Watchlists' Category
By Johns Wu on Jan 07, 2006
Here are some stocks that buy and hold investors must love because they keep on going up and up, even through bear markets. These stocks have held their ground through blood-baths and hard times, and should be safe investments (depending on entry prices of course). By the way, these stocks came up in a stock scan that I’m still working on.
My friend who is new to the market told me these picks were useless because many of them were trading near their all-time highs. I laughed and I was reminded of a quote I saw on Ugly Chart’s blog.
"It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower." -William O’Neil
I was happy to see that MCO came up in this scan, because I remember pointing out the MCO breakout a few months ago. Back then, I knew there was something special about MCO’s chart that made it so appealing to me, but I couldn’t figure out what it was. Now I know that it was the fact that MCO closed above its 50 DMA consistently for the last 6 months. That’s a sign that investors love accumulating this stock.
By Johns Wu on Jan 05, 2006
At the end of December, I predicted that we would see some bearish action. I was totally wrong. The markets have been wildly bullish so far in Janurary.
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ISRG -
Intuitive Surgical Inc
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UNH -
Unitedhealth Group Inc
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DRI -
Darden Restaurants Inc
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ADM -
Archer-Daniels-Midland Co
Anyways, in case we see a breakout to new highs, here are some stocks in an uptrend. In my opinion, uptrending stocks are the easiest to trade stocks in a bull market.
By Johns Wu on Dec 26, 2005
I ran a fundamental screen today. These are the results of the screen.
The stocks that came out were TWIN TOD VSEC PHX PEBK HEOP IBCA VLG ATRI.
By Johns Wu on Dec 12, 2005
Gold has been ripping lately. Prices for gold haven’t been this high for over two decades. Here are some gold stocks to check out.
The stocks are ABM AU AUY BMD GFI GG GLG GOLD HMY NEM PDG
Gold prices climbed again yesterday on fund-buying and speculation to a 24-year high. Spot gold rose $5 to settle at $519.30 US an ounce yesterday on the New York Mercantile Exchange after rising as high as $519.80 US. Spot gold is trading at levels not seen since 1981.
By Johns Wu on Dec 08, 2005
The markets are in a battle as the indices strive to make new multiyear highs. Play conservatively.
- EMBT - retracing to an uptrending line
- MTXX - bumping into an uptrending line. play the break.
- JEC - seeing some supportive hammer candles as it see support at the uptrending support
- ADLR - seeing some support as it drifts down to support
I’m so tired. Goodnight.
By Johns Wu on Dec 06, 2005
Market is making new highs. Long trades are favored.
Those are 2 charts that came up from my scan today. I don’t really like either of them though.
By Johns Wu on Dec 05, 2005
The markets are strong right now, so probability favors long trades.
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RMD - It has retraced to an uptrending support. Love the uptrend.
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WMT - Though WMT has broken its uptrend, it may see a small 1 day bounce as it approaches a weak uptrending support. However, this is a high risk long trade since the trend is turning bearish. The battle at the 200DMA will reveal whether it will continue to head lower or not.
Here are my favorite stocks from my uptrending stock screen. Laters.
By Johns Wu on Nov 22, 2005
Yesterday’s results didn’t perform well today, but they could still be in play in the next few days (except for SMSI).
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AOC nice uptrend, touching a support
- JDAS battleground at the 50 DMA could go either way
- PIXR nice uptrend, touching a support
None of these charts look particularly good to me, so I probably won’t be buying any of those stocks.
By Johns Wu on Nov 21, 2005
The picks that the scan produced last night fared pretty well today, but I need to keep in mind that the market is bullish in general. Anyway, here’s what the scan spit out today.
- VICL is showing life at the 50 DMA
- SYD has bounced off a uptrending support
- SMSI not sure why this came up in my scan.
It’s almost Thanksgiving… Take care.
By Johns Wu on Nov 20, 2005
Here are the results of my uptrending retracement scan. These are stocks in an uptrend that have retraced to acceptable short-term entry prices. They will hopefully exhibit some kind of "bounce" as they approach their uptrending supports. For these type of plays, always keep stop-losses below the uptrending supports.
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ABAX could be a little overextended though
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VICL lot of volume lately, resting at a double trendline support
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ACL very healthy uptrend, love the chart
This same scan spit out some pretty successful stocks last week, but that was in the midst of the market’s bullish leg up, so exercise caution if the market turns sour. Just as a warning, this scan is still in early development stages, so I personally will not be buying any of those stocks.
By Johns Wu on Nov 17, 2005
Here’s a sample of what my latest scan is spitting out. The purpose of this scan is to identify uptrending stocks that have retraced gracefully to their uptrending supports
I’m still messing with this scan, so the picks might not be that great. Also, with the bears and bulls in a tug of war, always watch the indices for any dramatic moves.
By Johns Wu on Nov 15, 2005
Just wanted to share another of my watchlists with you guys. These gravity defying stocks have gone up BIG in the last couple months and have very strong uptrending charts.
TIE BTUI TRE PRLS NURO BMD NMTI GMXR IRIS SMTS
Gravity Defying Stocks
These might be good stocks to go long on if they retrace gracefully to critical trendlines and moving averages.
Also, I’m working on a new feature for the site where you will be able to look at the stocks that my various stock screens spit out for me. Hopefully I’ll figure out how to make it automated, so you guys can access it daily.
I’m also learning fundamental analysis, so hopefully that will make me more successful with the market.
By Johns Wu on Nov 08, 2005
I’ve been watching some bird-flu stocks (BCRX NVAX SVA HEB GNBT AVII CRXL) lately and I thought I’d share my watchlist.
The U.S. government already is buying $162.5 million worth of vaccine against the H5N1 bird flu strain from two companies — Sanofi-Aventis and Chiron Corp. It also is ordering millions of doses of Tamiflu and Relenza, two antiflu drugs believed to offer some protection against the bird flu. -CNN.
NVAX, as many of you know, has been on fire lately. You can find thorough coverage and technicals of NVAX at D Investor’s blog.
Update: GILD is a good diversified bird-flu play. Thanks Tate for pointing it out.
By Johns Wu on Oct 01, 2005
For the last six months, solar stocks have been moving up and down like crazy. Here’s the a watchlist for solar energy stocks. The straight up solar plays are ESLR, SPIR, ENER, and DSTI. These are companys that specialize heavily in the industry.
CY is primarily a semiconductor company, but they have a solar power branch called Sun Power. GE bought out AstroPower awhile ago, so they have stuff going on too. Also on the watchlist is KYO, another diversified solar play.
The high price of solar panels is the reason that the solar industry is being held down. Polysilicon, one of the main components in solar panels, is expensive. In fact, the price of polysilicon has been increasing this year due to shortages. So, solar will never be able to become a key player in energy until either oil becomes as expensive as solar, or if solar companies can design a panel that doesn’t require polysilicon.
If there exists an innovative company that is working on getting around this polysilicon price bottleneck, please let me know!!
By Johns Wu on Sep 23, 2005
I’m currently 100% cash and I’m looking for some good opportunities. Here’s my current watchlist.
Late September Watchlist
By Johns Wu on Sep 13, 2005
Northwest Airlines (NWAC) tanked over 50% today after news that Northwest and Delta Airlines (DAL) will be filing for bankruptcy.
Although this has been expected for months, this is still bad news for the airline sector, and many airline stocks will probably continue to move in sympathy. Airlines will have a lot of difficulty meeting earnings targets this quarter because of the $60-$70 crude prices.
Airline Stocks Watchlist
The link contains a few airline stocks that should be affected by this bankruptcy news. And remember, keep on submitting any cool stories you come across!
By Johns Wu on Aug 23, 2005
I’m stuck on 56K this week, so its too painful for me to click through charts like I usually do. So instead, I just cleaned out my personal watchlist by taking out some dead stocks and adding a few recent movers. Click the link below to see it.
My August Watchlist
Also, I spent about an hour clicking around some websites, so heres some notable articles that I read today.
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Top 10 Rated Stocks - from Yahoo
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UPDATE (08/23): I received an email from TheStockBandit saying that his stock picks site is free for the remainder of the month to commemorate the new site design. This is a great deal because the site usually charges money for access. Use the username/passwords below to access it for free this month.
I wish I had gotten in on PKZ and EYET last Friday. I wish. I also jumped back in ELN (again) with a small position, just in case my speculation on Tysabri pans out.
By Johns Wu on Aug 22, 2005
I’m starting to hear a lot of people talk about VoIP, especially Vonage, which means that its starting to become popular among consumers. I saw an opportunity to bet on VoIP, so immediately, I went to the Vonage website to lookup their stock ticker, but then I found out that theyre a private company.
I spent half and hour reading about VoIP stocks, and it seems pretty hard to invest in this new technology. Theres a ton of consumer VoIP providers, but theres so many of them, and theyre all so small that they’ll probably end up getting killed by competition from Vonage anyway.
However, VoIP equipment providers caught my eye. For instance, SONS was in the news last week. Finally, there are the wholesale VoIP companys like TLGB and IBAS. These companies use VoIP telephony to transmit tons of international phone calls from regular telecom carriers on a wholesale level.
I’m building up a list of VoIP stocks to watch. It’s unorganized and I’m sure I missed a ton of stocks, but here’s what I’ve come up with so far. I’ll be adjusting the list as I learn more about VoIP. Maybe I can even make a VoIP index.
By Johns Wu on Aug 13, 2005
Short selling, as many of you are already aware of, is when investors are betting against a stock by selling borrowed shares in hopes of buying them back later for less. Usually, this is a negative sign which correlates to a drop in the price of a stock. On rare occasions, though, intrepid investors can take advantage of this short-selling to their advantage.
You see, because short sellers eventually have to buy back shares in order to flatten their positions, high levels of short selling could represent an opportunity to you. The slightest bit of good news could send the stock soaring as short sellers scramble to buy back shares. This is known as a short squeeze.
According to the Wall Street Journal, these eight stocks have been the subject of unusually heavy short selling:
TDSC ABM BIOS CAB DW GXP HURN MWY
Of these eight, I personally see GXP as the most viable. Being an electric utilities company, a purchase now while the stock is at a 3-month low could mean strong gains in the near future. To me, this company seems to be a relatively safe bet, and I’ll keep looking into it. Till then, good luck and happy trading.
PS O ya. Check out our new banner made by yours truly. Hope you guys like it. I’d like to say that’s why I haven’t posted in so long, but its really just because I’m getting lazy.
By Johns Wu on Jul 11, 2005
Lately, I’ve been considering much lower volume stocks. Before, I was unsure of how successful I could be with these smaller companies, but as a smaller investor it seems to be a nonfactor. These are the stocks currently on my watch list:
ELN DNDN DXPE RADS CTGI STV PRZ VLFG ERS ENG ORCC IPIX
Just a quick post. More to come later.