Monday, October 31, 2005
Weekly Watchlist 10/31/05
Long
- Charles & Colvard Ltd. (CTHR) - it's a buy above 24,3 / target 27 +x
- Computer Programs & Systems Inc. (CPSI) maybe a buy above 36,7 / target 38,8-41
- Emageon Inc. (EMAG) could be a buy above 13,90 / Earnings announcement today after market close, so I will wait till tomorrow to place a stop buy. Target: 15 - 16
- Knot Inc. (KNOT) looks short below 11 / target 10
- Vertex Pharmaceuticals Inc. (VRTX) maybe a short below 21 / target around 19,50
- Meridian Bioscience Inc. (VIVO) - perhaps a short below 19,5 / target 18
- Amylin Pharmaceuticals Inc. (AMLN) short under 32,6 / target 30
- Kendle International Inc. (KNDL) looks short below 23 / target around 21
Consider always the disclaimer, I'm not a professional investor !
Daily Watchlist for Monday 10/31/05
Long
- Charles & Colvard Ltd. (CTHR) mybe a buy above 24 / target around 26
- Hansen Natural Corp. (HANS) - a buy above 48,40 / target 50-51
- NVIDIA Corp. (NVDA) - perhaps a buy above 32,7 / target from 33,7+x
- I have Digene Corp. (DIGE) on my watchlist but tomorrow the company will report earnings so I stay aside here and watch...
Consider always the disclaimer, I'm not a professional investor !
-----------------------------------------------------------------------------------------------------------------------
Friday some of my stops triggered:
- Evergreen Solar Inc. (ESLR) stopped out at 8,4 for a loss of 5,08%.
- Titanium Metals Corp. (TIE, short) stopped out at 43,85 for a loss of 3,07%
Friday, October 28, 2005
Daily Watchlist for Friday 10/28/05
No time for trading for me today, so I placed my stops.
Nevertheless here is one stock that I find quite interesting:
- True Religion Apparel Inc. (TRLG) - rebound play above 12,70 / target from 13,40 to 13,85
Consider always the disclaimer, I'm not a professional investor !
Thursday, October 27, 2005
Daily Watchlist for Thursday 10/27/05
Long:
- Evergreen Solar Inc. (ESLR) above 8,85 / target 9,15-9,3
- SiRF Technology Holdings Inc. (SIRF) maybe a buy above 29, but stock is down in pre-market around 3%, so I will wait and watch...
- Computer Programs & Systems Inc. (CPSI) - perhaps a buy above 36,31 / target around 38
- Matrix Service Co. (MTRX) could be a breakuot play above 9,97
- Titanium Metals Corp. (TIE) maybe a short below 42,50 with a target of 40,50-40
- I have two other candidates on the short watchlist: NeuroMetrix Inc. (NURO) & Corning Inc. (GLW). Both with earnings announcements this morning so I will watch the stocks and look how the market reacts to it. Boht are up 4% & 2% in pre-market trading already.
Consider always the disclaimer, I'm not a professional investor !
Wednesday, October 26, 2005
Podcasts
Here are some finance related podcasts:
- MarketWatch Morning Stock Talk
- Wall Street Journal Tech News Briefing
- KYW's Opening Bell
- High Octane Trading (HOT) Radio
- '1010 Wins Money, Markets & More'
- NPR: "Motley Fool" Profiles Podcast
- MarketWatch Stupid Investment of the Week
- MarketWatch Internet Daily
If you have other podcasts (also non finance related) that maybe interesting feel free to send me an Email or leave a comment.
Daily Watchlist for Wednesday 10/26/05 update II
Bought some MIDD at 72,80 after the stock was above 73....
Midd "created" again a nice "tail" on the daily candle today... it seems that there is some demand in the "70"-area... furthermore I like the inreasing 20ma & 50ma
Daily Watchlist for Wednesday 10/26/05 update
Bought some Administaff Inc. (ASF) at 40,95... Either it's a "breakout" or a "double top"... we will see...
GFI Group Inc. (GFIG)
GFI Group Inc. (GFIG) is downgraded by citigroup today and is down around 4% actually.
I have bought GFIG (42,33) by my weekly trading strategy and will hold it until it hits my stop or my target. We will se if the "citibankers" need some shares of GFIG...
Earnings announcement is on 3-Nov-05.
Daily Watchlist for Wednesday 10/26/05
Long
- Middleby Corp. (MIDD) - once again a buy above 73
- Administaff Inc. (ASF) - maybe a breakout play above 40,95
- Amylin Pharmaceuticals Inc. (AMLN) only on the watchlist today because of the earning announcement after market close. The stock-chart looks like a breakout play, but you never know what will happen when earnings come out.
Consider always the disclaimer, I'm not a professional investor !
Tuesday, October 25, 2005
Gevity HR Inc. (GVHR)
Gevity HR (GVHR) is up today on this news:
Gevity HR Inc. (Nasdaq: GVHR - News) will replace Helix Technology Corp.
(Nasdaq: HELX - News) in the S&P SmallCap 600 after the close of trading
Wednesday, October 26. Helix is being acquired by S&P SmallCap 600
constituent Brooks Automation Inc. (Nasdaq: BRKS - News) in a transaction
expected to close on or about that date.
I'm looking for an exit point here (bought at 25,10, current price 26,44)
Update: Sold GVHR at 26,45 for a gain of 5,4%.
Daily Watchlist for Tuesday 10/25/05
Only longs today:
- Middleby Corp. (MIDD) above 73 / Target 74+x
- Scholastic Corp. (SCHL) may start a rebound above 33,15 / Target 34,5-35
- CIENA Corp. (CIEN) - perhaps a buy above 2,67 /Target 2,80
- TOM Online Inc. (TOMO) - maybe a buy above 19,2 / Target 19,85+x
Consider always the disclaimer, I'm not a professional investor !
Monday, October 24, 2005
Weekly Watchlist 10/24/05
Long
- Digene Corp. (DIGE) above 30,10 (Bought already at 30,05) / Target 32+x
- Allscripts Healthcare Solutions Inc. (MDRX) - perhaps a buy above 18 with a target of 19+x, before I buy here I will wait until earnings announcement on 26-Oct-05.
- Cohu Inc. (COHU) above 24,1 / Target around 25,5
Short
- Cerner Corp. (CERN) below 84,4 / Target around 79
- Netflix, Inc. (NFLX) under 25,50 / Target around 23
Consider always the disclaimer, I'm not a professional investor !
Daily Watchlist for Monday 10/24/05
Long
- MIVA Inc. (MIVA) perhaps a buy above 6,07
- Emageon Inc. (EMAG) maybe a buy above 12,97 [Earnings announcement: 27-Oct-05]
- Gevity HR Inc. (GVHR) - a buy above 25,25 [Earnings announcement: 27-Oct-05]
- Cephalon Inc. (CEPH) - maybe a buy above 46,35
- I will watch Johnson Controls Inc. (JCI) (today earnings are out today / stock is up around 2%...)
Consider always the disclaimer, I'm not a professional investor !
Friday, October 21, 2005
Daily Watchlist for Friday 10/21/05
Yesterday I sold my other half of AMGN at 73,96 (loss of 2,7%) before my stop was triggered. Alltogether this trade summarized to a loss of 0,5%.
I updated the Daily Trade Review for last week here...
- Today I only have Continental Airlines Inc. (CAL) on my short watchlist. I will sell short under 11,40 with a target-range from 11 to 10,80.
Thursday, October 20, 2005
Daily Watchlist for Thursday 10/20/05 update
Bought some ADSK (43,71 ), EXP (108,05) and OTEX (14,06 after it was above 14,15)
Sold THRX at 23 for a gain of 4,2% and MINI at 44,71 (+3,2%).
Perhaps we see a recovery in AMGN later this day, so I will hold it for now.
Weekly strategy update:
- Sold CYMI at 36,77 for a gain of 8,1%. That was my fastest trade ever on my weekly trading strategy - usually I hold stocks here from on to five weeks...
- I will look for an exit in GFIG if it trades above 45 again.
Daily Watchlist for Thursday 10/20/05
Only Longs today:
- Warren Resources Inc. (WRES) above 15,60
- Comfort Systems USA Inc. (FIX) above 8,90
- Open Text Corp. (OTEX) above 14,15
- Eagle Materials Inc. (EXP) above 108
- Autodesk Inc. (ADSK) above 43,65
Consider always the disclaimer, I'm not a professional investor !
Wednesday, October 19, 2005
Trading update
Sold half position of AMGN at 77,32 for a 1,7% gain.
Weekly trading:
Bought GFIG at 42,33.
QCOM short stopped out without a gain or a loss...
What to do with Amgen (AMGN)?
Amgen reports earnings today after closing bell...
I've bought some shares of AMGN last friday because of a buy signal at my "daily-trading strategy".
Now my strategy will be either to sell the stock before the close today (if it gains some %) or to sell only half of my position and watch the performance of AMGN in after hour trading with an SL at 73,45.
Anyway - I will watch AMGN closely today...
Weekly Watchlist 10/17/05 update II
Bought some CYMI at 34 on my weekly trading strategy.... on the up-gap followed some selling...
Daily Watchlist for Wednesday 10/19/05
Long
- Dynamic Materials Corp. (BOOM) - perhaps a buy above 21,20
- DayStar Technologies Inc. (DSTI) - again a little bit speculative, but nevertheless maybe a buy above 9,90
- Boyd Gaming Corp. (BYD) - perhaps a short under 37,60/37,30
- American Science & Engineering Inc. (ASEI) & Amylin Pharmaceuticals Inc. (AMLN) - Speculation against the trend here ! I will watch these stocks in the first hour of trading first....
Consider always the disclaimer, I'm not a professional investor !
Weekly Watchlist 10/17/05 update
Cymer Inc. (CYMI) reported earnings yesterday and is up about 3,5% in pre-market trading. (It is above my buy-trigger already...)
Here a quick overview by AP.
I will watch the stock in the first hour of trading. After that I will decide how to handle the stock, i.e. to buy or not to buy...
The two other stocks on my weekly watchlist GFI Group Inc. (GFIG) and Digene Corp. (DIGE) didn't make my buy trigger till now...
Tuesday, October 18, 2005
Daily Trade update 10/18/05
- Sold CNC at 23,5 for a loss of 2,6% (due to holding over 5 days...)
- Sold BBC at 7,58 for a gain of 4,6% (due to holding over 5 days...)
Daily Watchlist for Tuesday 10/18/05
Long
- CARIBOU COFFEE COMP (CBOU), since IPO on 09/29/05 the stock only knows one direction: down. Maybe it's time for some days in the positive terrain. Above 10,15 it could be a buy with a first target around 10,70 and a second target range from 11,3-11,9. This will be a very speculative buy against the trend so be careful.
- Another rebound play is Tyco International Ltd. (TYC). Maybe it's a buy above 26,65-26,75 with a target of 27,4 - 27,8.
- Again a very speculative stock is Conexant Systems Inc. (CNXT). It could be a buy above 1,86 with a target of 1,93-2. When I buy in here or in another very speculative stock I always place a close stop.
- I also have Gilead Sciences Inc. (GILD) on my screen, but today it's reporting time, so I stay aside here.
Consider always the disclaimer, I'm not a professional investor !
Monday, October 17, 2005
Weekly Watchlist Review 10/10/05
Long Positions:
- Network Appliance Inc. (NTAP) / Bought at 24,1 / Sold a few minutes ago at 26,12 for a gain of 8,4%
- QUALCOMM Inc. (QCOM) sold short at 66,6 / OPEN /after a gain of 5% I always place a stop, so I never get into the loss-zone again.
- Quality Systems Inc. (QSII) sold short at 43,6 /OPEN /5% SL triggered here too.
Daily Watchlist 10/17/05 update
- Bought some THRX at 22,08
- I watched BIDU the first half hour of trading and decided to place a stop buy above the day high. Sometimes it's better to watch a stock in the first half hour of trading especially when you have a "hot stock" like BIDU on your watchlist. I have a simliary "policy" in stocks that gap up.
- FORD didn't make my buy trigger so far...
Weekly Watchlist 10/17/05
Long
- GFI Group Inc. (GFIG) - perhaps a "breakout-buy" above 42,50 / target 44+x [Earnings announcement: 3-Nov-05]
- Cymer Inc. (CYMI), a buy above 34,3 / target 36+x / Before I buy in here I will watch the Earnings announcement tomorrow. (18-Oct-05)
- Digene Corp. (DIGE), I like it above 30,10 with a target of 32-34. Earnings announcement on tuesday, November 1, 2005. Consider the "tails" of the foregoing two weeks on the weekly chart. It seems to be some "demand" in that area.
Saturday, October 15, 2005
Daily trade review for the week of 10/10/05-10/14/05
| Symbol | L/S | Bought | Sold | Gain/Loss | Notes | |
| Monday | DRIV | Long | 33,3 | 35,07 | +5,3% | Friday close 35,39 |
| BBC | Long | 7,25 | 7,58 | +4,55% | ||
| SIL | Long | 15,96 | 15,45 | -3,2% | ||
| Tuesday | KKD | Short | 6,1 | 5,75 | +5,7% | Wednesday low 4,05 |
| CNC | Long | 24,13 | 23,5 | -2,6% | ||
| Wednesday | COHR | Short | 27,97 | 28,81 | -3% | |
| Thursday | MIVA | Short | 5,65 | 5,43 | +3,9% | |
| Friday | MINI | Long | 43,32 | 44,71 | +3,2% | |
| AMGN | Long | 75,98 | 73,96 | -0,5% |
Friday, October 14, 2005
Daily Watchlist for Friday 10/14/05 update II
Sold Digital River Inc. (DRIV) at 35,07 for a gain of 5,3%.
Daily Watchlist for Friday 10/14/05 update
Bought some MINI at 43,32, SL 41,8 and some AMGN at 75,98, SL 73,5 (sometimes - after a strong opening and my buy trigger is touched - I'm going to buy when the stock comes down a little bit)
I have erased DP out of my watchlist for today because I doesn't want to have another position before the weekend. Nevertheless it may be a buy above todays high.
Consider always the disclaimer, I'm not a professional investor !
Daily Watchlist for Friday 10/14/05
Only long's on my watchlist today, perhaps we see a rebound at the markets?
- Amgen (AMGN), when everyone waits for "gap-closing" it's potentially time for a rebound... I would buy above 76,5 with a target of 78,7 to 80 [Earnings announcement on 19-Oct-05]
- Mobile Mini (MINI), is close to the 20ma, perhaps a buy above 43,30 / target around 45+x
- Diagnostic Products (DP), above 50,15 it maybe a rebound play to the range of 51,5-52
Consider always the disclaimer, I'm not a professional investor !
Weekly Watchlist 10/10/05 update II
Yesterday NTAP triggered long due to my "weekly-trading-strategy". Entered a position at 24,10 / SL 22,45 / Target 25,5-26 / Holding time 1 to 5 weeks.
Look at my trading strategy and on the Weekly Watchlist 10/10/05 for further information.
Weekly Chart of NTAP:
Consider always the disclaimer, I'm not a professional investor !
Thursday, October 13, 2005
Apple Computer Inc. (AAPL) & Bill Gross
Apple Computer Inc. (AAPL) is up around 9% today due to the new video iPod and the deal with Disney (DIS). A nice jump after the "bad" earnings. AAPL conquered the 20ma back, so keep it on your watchlist the next days. In addition DIS looks short under 22,9.
For everyone who's interested: "the first major money manager to podcast"
Pimco said Chief Investment Officer Bill Gross' monthly investment outlook column is now available as a podcast on iTunes.com.
Daily Watchlist for Thursday 10/11/05 update
Just a short update on my trades:
- Sold MIVA short at 5,65 and got out at 5,43 - shorts go really fast the past days...
- COGT didn't move above 23
- COHR stopped out at 28,81 for a loss of 3%
- SIL stopped out at 15,45 for a loss of 3,3%
Daily Watchlist for Thursday 10/13/05
Short
- MIVA, Inc. (MIVA), looks short under 5,70/target around 5,50-5,30
- Cogent Inc. (COGT), might be starting a rebound above 23 / target 23,7-24
Consider always the disclaimer, I'm not a professional investor !
Update Daily Trading 10/13/05
Yesterday I sold COHR short at 27,97 / SL 28,81
EFII, CHTT and TMG didn't make my buy trigger (TMG down yesterday 18,33% at the close...)
I'm currently own CNC, SIL, BBC and DRIV on my "daily" trading strategy (all long).
Once again the chart off Krispy Kreme (KKD) - as you can see I got really out to early....
Wednesday, October 12, 2005
Daily Watchlist for Wednesday 10/12/05
Short
- Coherent Inc. (COHR) looks short under 28 / target 27-26
It's a little bit difficult to go long against the overall market situation, but nevertheless here are three possible canidates:
- Electronics for Imaging, Inc. (EFII) [Earnings announcement 19-Oct-05] looks long above 23,22 / target 24+x
- TransMontaigne Inc. (TMG), it's a rebound candidate above 7,40/target around 8
- Chattem Inc. (CHTT), above 35,45 perhaps on the way back to the 50ma
Consider always the disclaimer, I'm not a professional investor !
Nike (NKE) & Harley Davidson (HDI)
Nike (NKE) has a battle around the 200ma - watch out if NKE breaks to the upside or drops back.
Have also a look on Harley-Davidson Inc. (HDI), which beats analyst's average forecast. It's up around 7% in pre-market trading already.
Krispy Kreme Doughnuts Inc. (KKD)
Yesterday I got out of Krispy Kreme Doughnuts Inc. (KKD) too early. It was down more than nine percent at the close. Next support seems to be between 5,05 to 5,30.
Sometimes my fingers hit the sell/buy button a little bit to fast - especially when my targets are achieved really quick....
Tuesday, October 11, 2005
Monday, October 10, 2005
Monday 10/10/05 intraday update
Bought some BBC (7,25), SIL (15,96), DRIV (33,30).
RIG did not trigger, so I won't buy it today. Same with NE.
Daily Watchlist for Monday 10/10/05 Part II
Here are another couple of stocks to watch for today:
Long:
- Apex Silver Mines (SIL) - above 16,15 the stock looks fine to me
- Bodisen Biotech (BBC) - nice volume & a gap from the pro's? perhaps on the way back to 7,8
- Digital River (DRIV) - support at 32, bounce back to 20ma?
- Huntsman Corporation (HUN) - above 50ma it might be on the way to 21
- Noble Corp. (NE) - Bottom around 60? & downside gap on 10/06/05 - perhaps the "amateurs" are out of the stock now...
Watch out my stock trading strategy to get out how I handle my watchlist.
Sunday, October 09, 2005
Daily Watchlist for Monday 10/10/05
Long - Transocean Inc. (RIG)
Here I'm looking for a rebound to the 50ma/20ma. Entry possibly above 56,80.
Special Play: Safeguard Scientifics, Inc. (SFE)
Safeguard Scientifics, Inc. (SFE)
I'm long here because of heavy insider transactions the last few months.
Bought Shares at 1,51 and 1,78 with a first target of 2,30....
Company Profil:
Safeguard Scientifics, Inc. engages in the ownership and operation of various companies primarily in the information technology (IT) and life sciences industries. It provides counseling, capital and financial support, guidance and operating discipline, and access to industry knowledge. The company offers a range of operational and management assistance to each of its companies. Safeguard Scientifics provides mentoring, advice, and guidance to develop the management of the companies. The company, through its subsidiaries, offers software solutions that enable corporate performance management through the delivery of business intelligence and data management, custom application development and outsourcing, packaged software integration, and consulting services; cancer diagnostic services, imaging systems, and bioanalytical services to the biopharmaceutical companies and other research organizations to assist them from drug discovery through clinical trials to the development of directed diagnostics; integrated compliance analytic applications for the financial services and telecommunications markets, as well as revenue assurance and fraud detection software for telecommunications service providers; post-production digital and photo-chemical services to the motion picture and television industry; and bioprocessing services, drug delivery services, and quality control and quality assurance services. Safeguard Scientifics was incorporated in 1953 and is headquartered in Wayne, Pennsylvania.
Weekly Watchlist 10/10/05
Well, it was quite difficult to find some stocks for"weekly trading" on my watchlist due to the "sell-off" this week. Nevertheless I have found some picks:
Long:
- Network Appliance (NTAP) - I like it above 24,10 with an SL at 22,45 and a target of 25,5 to 26 - seems like a bottom here to me...
- Intermagnetics General Corp. (IMGC) - interesting above 30,3 / SL 27,7 / first Target 32-33 and maybe new 52 week highs
- QUALCOMM Inc. (QCOM) - Resistance around 45 / Perhaps a short under 43,6 with an SL at 46,30 / Target 40,8-39,8
- Quality Systems Inc. (QSII) - a little bit speculative but under 66,6 it's a short for me with an target of 63 to 61,8 / SL at 74,20
Saturday, October 08, 2005
Recent daily trades
To complete the list, here are some of the recent daily trades.
PDLI - Long
CDIS - Long
SUNW - Long
KONG - Short
GLBL - Short
Recent trades on weekly time frame
The first update on stocks to watch for the next week will be out tomorrow or early monday morning.
Here are some of the recent weekly long and short stock plays.
BOOM - Long
AMGN - Short
ORCL - Short
Friday, October 07, 2005
Recent trades on monthly time frame
Here are two recent trades on a monthly time frame - so you might get a feeling for my "strategy".
LONG JDSU 
Short SHLD
My Trading Strategy
I will post stocks that may be profitable on a daily, weekly or monthly time frame.
The stock picks are based on a system which consists of moving averages, candlestick analysis, volume, a simple but modified indicator and the intepretation of these four components.
Everytime I get into the game I will first place a stop to minimize losses and second I will identify a possible target. Beyond that I get out of a trade, when a sell/buy signal (long/short trade) occurs or the stock seems to be overbought or oversold.
The buy and sell orders wil be placed above or below the foregoing day/weekly/monthly highs or lows.
The %-rewards are higher on a monthly than on a weekly or daily time frame but - needless to say - the risk (in terms of distance to the stop) inreases just as well.
I don't look at fundamentals or practice fundamental analysis - here it's all about technical analysis and the "look and feel" of stockcharts!
Daily Trades:
- holding time: one to five days
- target for profit: three to five percent
- holding time: one to five weeks
- target for profit: five to ten percent
- update every weekend
- holding time: one to five months
- target for profit: ten to twenty percent and more
- update at the end of a month
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