Thursday, March 31, 2005
This stock is acting well in this weak market. Notice the above average volume on the chart as it seemed to get support at the 50 dma today
GEOI
As the price of crude oil went up GEOI a stock in the energy sector followed right along. From a technical standpoint it looks like GEOI broke out of a flag formation on the chart. If you notice the pullback was on low volume. A flag is a continuation pattern.
Flags and Pennants
Flags and Pennants
ITRI
Looks like the fund managers might of been buying some ITRI today with the strong upward movement of this stock in a rather lackluster type of market.
Budd Foxx
Budd Foxx
April stocks up?
April is generally a good month for trading because of the inflows from IRA plans so if you were not profitable in March with that erractic tape we experienced then maybe April will pan out better for you.
ANTP
ANTP is acting well today. This was our Monday AM swing trade pick and it has done very well this week.
AIRT
I am starting to see a little bit of action in AIRT. Keep it on your trading radar especially after 10am.
OIL UP
Price of oil back up over $55.oo per barrel. Goldman Sach's saying Oil to 105 per barrel and upgrades the sector.
Stocks to keep on your trading radar:
ABLE, EENC, GEOI, MUR, SU, SUN, XOM , USEG and UCL
OIH is an oil index to keep your eye on.
Budd Foxx
Stocks to keep on your trading radar:
ABLE, EENC, GEOI, MUR, SU, SUN, XOM , USEG and UCL
OIH is an oil index to keep your eye on.
Budd Foxx
GRU
Looks like the stock has gotten some support at the 50 dma here and might be looking like a possible long setup.
Disclaimer:
I am long on GRU
Disclaimer:
I am long on GRU
CVO
The weekly chart on this stock looks pretty good. We have some older overhead resistance up to 5.09 on CVO. This stock has been acting well so keep it on your radar.
Wednesday, March 30, 2005
CKXE
CKXE making a move on the upside today. Keep this stock on your trading radar, watch closely!
Budd Foxx
Budd Foxx
HHH internet index
This index shows the big picture on internet stocks like GOOG, AMZN, GRU, EBAY, YHOO etc. I think we might of hit a bottom and are on the way back up.
UBET
Very nice looking chart on this stock. We have some overhead resistance up to 5.98 then we are in blue skies. Keep UBET on your trading radar.
March 30th Trading Radar
AIRT, AIX, ANTP, ASTE, ANLT, ATPL, BEBE, HORC, FLIR, FORD, FRNT, ENMC, MERX, MCRS, NVEC, QLTY, RIMM, SYNM, ULTI, USEG and ZOLT
Tuesday, March 29, 2005
AIX
AIX was mentioned in The Boiler Room Message Board a few days ago by Budd Foxx as a swing trade. Today AIX brokeout on good volume. Feel free to visit our Boiler Room Message under links for additional stock picks.
USEG
I am starting to see a little bit of action in USEG. Keep it on your radar especially after 1pm today.
Disclaimer:
I am long on USEG
Disclaimer:
I am long on USEG
Futures are down this AM
Futures point to a downward open in front of the Consumer Confidence Report due out by 10am.
Budd Foxx
Budd Foxx
March 29th Trading Radar
ALAN, ALVR, ANTP, BEBE, BOOM BOOT, CULS, CKXE, CMCO, DATA, DAVE, ELTK, GIGA, GME, GRU, HANS, LEXR, LSCP, MCZ, NGPS, SNHY, SVNX, SYBR, TWTI, and XRTX
DHC nice looking chart
DHC has a nice looking chart. Looks like a nice base forming for the next step up.
ALAN continues to move upward
The volume action has really picked up recently on this stock. Once we break 1.19 we have blue skies. I would keep this one on your radar.
Monday, March 28, 2005
Stocks showing some Mojo today
ACCL, ANTP, CYCL, CULS, DAVE, ELTK, LACO, NGPS, PRZ, PTMK, SDIX, SHOE, SVNX and UFPT.
GIGA
GIGA was red this am but has turned green. Keep a close eye on this stock especially after 1pm today.
ELTK
I am starting to see a little bit of action in ELTK. Keep it on your radar after 10am and 1pm today for a daytrade.
Sunday, March 27, 2005
March 28th Trading Radar
AIRT, ANTP, AQNT, BOOM, CLHB, EENC, EDGR, FILE, FORD, GEOI, GIGA, GRU, KERX, LEXR, LTBG, MAHI, MSGI, MVCO, PACT, PRGS, RHEO, SYBR, TTEC, TXRH, USEG and XRTX
Pay close attention to SYBR
Pay close attention to SYBR
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SYBR
Keep SYBR on your trading radar for Monday. I am hearing a rumor they will announce earnings sometime on March 28th but I can't confirm it.
Market Very Oversold Here
The market is very oversold here and I look for a bounce this coming week as the fund managers look to put some window dressing on stocks to finish out the 1st quarter. The Nasdaq is trying to get some support at the 200 dma. Notice the candlestick 1 day bullish reversal inverted hammer on the Nasdaq 100.