February 16 to March 17,
2008
USA and
Canada
ARCHIVED Traders' NOTEBOOK
CLOSED TRADES AND TRADERS NOTES
Monday March 17, at the
close The SP500 at 1276 is
either (1) near a double bottom reversal or (2) going to
take out the Jan 1270 low and move to 1225 support. Lehman Brothers
down 19% to $31.75 on a volume of 224 million looks like the new big storey. These moves are
once in a lifetime to most traders. Hudson City Bankcorp. HCBK
$17.01 looks to be breaking out.
Monday March 17, pre-market News of the $2/share sale of Bear Stearns last traded at $30 was the wake up call. Overseas markets have sold off overnight. Our stock pick watchlist of SDS, QID, and TWM are possible picks. Monday could the next down-leg in a market where fear is starting to grip the market. A capitulation "bottom" will need high volumes. Email Alert sent to our members pre-market
Friday March 14, Close At the market open, Traders were be ready to cover short positions. The market could have broke-out. Technically we could have made a short term bottom, however news from the bailout by JPMorgan is why stock picking is tough these days. The gold stocks Kinross KGC $26.84, Goldcorp GG $45.59, GLD $98.71 remain in a bull uptrend. Very few stock are breaking out on new highs with 2X volume.
Wednesday March 12 Close, DBC $38.91 DB Commodities tracking index continues to make new highs.
XIDE $11.89 Exide Technologies looks to be breaking out over $12. USO $86.92 United States Oil Fund - another new high- the volumes the past 2 days are 2X normal.
Retail Sales number are out Thursday 8:30 ET - These could be market moving numbers.
Wednesday - March 12 AM, Email to members pre-market open
Monday March 10 Ultrashort SP500 SDS, Ultrashort QID, TWM, DBC in uptrend. QID +14.73% , TWM +13.70% and SDS + 16.8% from the Email Alert feb 29. SHY $84.26 1-3Treasury Bond Fund, GSG $60.55, FXY $98.33 Japanese yen trust, ishares TIP Bond Fund TIP $111.52, Short Dow 30 DOG $66.70, SKF $140.25 Ultrashort Financials , United States Natural gas fund UNG $48.90 - all are trending higher on a day of uncertainty. All of the above were identified on Stock Scan version 8.1, at least our code is working.
Saturday March 08 Weakness remains on the Markets. We did not see the panic selling to indicate a bottom has formed. Traders are still rotating from sector to sector. Natural Gas stocks have done well. Gold, Agricultural, Coal and Raw materials have been leading the markets higher. XOM $82.49 ExxonMobil is now trading below it's 200 day moving average and 50 day moving average. This could be a signal the Oil price is going down. Suncor in Alberta's Heavy Oil Sands SU $106.78 is also failing to make new highs as oil breaks records. When the market sells off on fear and high volume, a local bottom will have formed.
Email Alerts will continue to be sent as the market action may signal extreme weakness or a buying opportunity.
Again Membership is free. It's faster for us to email alerts than update these spreadsheets.
Our stock pick tables below have been cleaned up, several expired trades have been moved to the Archived Trades
Thursday March 06 The SP500 closed at 1304. Below 1300, the next support is 1270. We are at the bottom of support level and it's back up or the next leg down. If things don't improve, the next leg down is the most likely case. SDS $67.12 up 4.5%, TWM $91.02 up 6.91% and QID $55.22 up 4.8%. Proshares Ultrashort SP500 , SDS remains the #1 USA BEAR pick. Sold MTL at 9.9% profit. Stopped out of CHK at 4.9% profit. Stay defensive, the Feb. jobs report is out Friday (am) - This could be a market mover.
Wednesday, March 05 Mechel Steel Group MTL $140.47 could be near a local top. The original buy signal was at $126.83 or now up 10.3%. Take some profits. GLD $97.72 Gold, another 52 week high. Walter Industries, WLT, $57.99 up 29.7% from the buy signal of $44.71. Take some profits.
AKSteel Holding Corp. closed at $55.90 steel - added to the breakout list.
Tuesday, March 04 - We stopped out of several picks today. JRCC James river coal's run ended from $10.73 to $16.50 (stopped out) and closed at $17.84. As the market started selling off at 2pm a reversal started the buying. Gold sold off nearly $20 and could signal more volatility. Today's sell-off has triggered several stop-loss points. BRKR $14.83 Bruker Corp. added to the breakout list - 5 days of increased volume.
Monday, March 03 - Our Email Alert to members Sunday eve --> Stillwater Mining Company SWC at $20.53, it closed up today 7.94% to $22.16. Our Second pick Sunday, Valence Technology VLNC jumped from $3.67 to $3.94 or up 7.36%.
Worth noting today, BZP picked back on feb 08 at $14.71 jumped 17% today to close at $18.55.
Another pick in the uptrend, Coal producer WLT up 29.9% from the original buy signal, up 6% today.
Friday, Feb 29 - Email Alert to our members 15 minutes after the opening bell to take cover. A buy signal went out for SDS, TWM, and QID. This move was expected and was discussed Thursday.
- we added back Finance news clips, update on the right side menu. Please give us an email if our news clips are not working on all pc's.
Thursday, Feb 28 - For the SP500 1380 pre-market,we are at the 500 day moving average (1390) to cap the rise. So short term we are in a trading range with 1215 a near term lower target. Trading volumes do not indicate a bottom has been made on the SP500. SDS, TWM, and QID remain on our watch list. MTL remains strong. Golds remain in a strong uptrend. GLD,KGC target $28-29. Stop-loss points have been updated in our trading table below. DBA - sell signal.
Wednesday Feb 27 - Premarket Email Alert sent out to our members with over 20 Stock picks from our Stock Scan version 8.1.- join up today.
Monday, Feb 25. As the SP500 1371 approaches it's 50 day moving average - upper resistance is at 1395.
XTO breakout, TWM, SDS are near the 50 day support level - both are Insurance for market meltdowns.
CMP up 6.14% , COG up 3.48% Cabot Oil and Gas, CHK up 3.98% Chesapeake ( GAS), DBA up 3%
MEE up 7.52% breakout, WLT up 5.62% - some nice profits on several stock today.
Friday Feb 22, The SP 500 @ 1345 in a triangle formation. A drop down is possible. Position yourself for a defensive downside breakout. GLD $93.45 uptrend in place. XEC $49.86 worth noting - strong mover.
Wednesday Feb 20 , A Big move in WLT up 10%, CHK $44.84, and COT$49.32 still on the move . We added XTO Energy today, the close was $58.60
Tuesday Feb 19, Gold stocks could move higher, Kinross Gold KGC $22.15 signal emailed
to the members before the market open. Closed at 23.03. COG another move up 3.75%. James River Coal JRCC - take some off the table, reward yourself on this explosive move.
Monday March 17, pre-market News of the $2/share sale of Bear Stearns last traded at $30 was the wake up call. Overseas markets have sold off overnight. Our stock pick watchlist of SDS, QID, and TWM are possible picks. Monday could the next down-leg in a market where fear is starting to grip the market. A capitulation "bottom" will need high volumes. Email Alert sent to our members pre-market
Friday March 14, Close At the market open, Traders were be ready to cover short positions. The market could have broke-out. Technically we could have made a short term bottom, however news from the bailout by JPMorgan is why stock picking is tough these days. The gold stocks Kinross KGC $26.84, Goldcorp GG $45.59, GLD $98.71 remain in a bull uptrend. Very few stock are breaking out on new highs with 2X volume.
Wednesday March 12 Close, DBC $38.91 DB Commodities tracking index continues to make new highs.
XIDE $11.89 Exide Technologies looks to be breaking out over $12. USO $86.92 United States Oil Fund - another new high- the volumes the past 2 days are 2X normal.
Retail Sales number are out Thursday 8:30 ET - These could be market moving numbers.
Wednesday - March 12 AM, Email to members pre-market open
Monday March 10 Ultrashort SP500 SDS, Ultrashort QID, TWM, DBC in uptrend. QID +14.73% , TWM +13.70% and SDS + 16.8% from the Email Alert feb 29. SHY $84.26 1-3Treasury Bond Fund, GSG $60.55, FXY $98.33 Japanese yen trust, ishares TIP Bond Fund TIP $111.52, Short Dow 30 DOG $66.70, SKF $140.25 Ultrashort Financials , United States Natural gas fund UNG $48.90 - all are trending higher on a day of uncertainty. All of the above were identified on Stock Scan version 8.1, at least our code is working.
Saturday March 08 Weakness remains on the Markets. We did not see the panic selling to indicate a bottom has formed. Traders are still rotating from sector to sector. Natural Gas stocks have done well. Gold, Agricultural, Coal and Raw materials have been leading the markets higher. XOM $82.49 ExxonMobil is now trading below it's 200 day moving average and 50 day moving average. This could be a signal the Oil price is going down. Suncor in Alberta's Heavy Oil Sands SU $106.78 is also failing to make new highs as oil breaks records. When the market sells off on fear and high volume, a local bottom will have formed.
Email Alerts will continue to be sent as the market action may signal extreme weakness or a buying opportunity.
Again Membership is free. It's faster for us to email alerts than update these spreadsheets.
Our stock pick tables below have been cleaned up, several expired trades have been moved to the Archived Trades
Thursday March 06 The SP500 closed at 1304. Below 1300, the next support is 1270. We are at the bottom of support level and it's back up or the next leg down. If things don't improve, the next leg down is the most likely case. SDS $67.12 up 4.5%, TWM $91.02 up 6.91% and QID $55.22 up 4.8%. Proshares Ultrashort SP500 , SDS remains the #1 USA BEAR pick. Sold MTL at 9.9% profit. Stopped out of CHK at 4.9% profit. Stay defensive, the Feb. jobs report is out Friday (am) - This could be a market mover.
Wednesday, March 05 Mechel Steel Group MTL $140.47 could be near a local top. The original buy signal was at $126.83 or now up 10.3%. Take some profits. GLD $97.72 Gold, another 52 week high. Walter Industries, WLT, $57.99 up 29.7% from the buy signal of $44.71. Take some profits.
AKSteel Holding Corp. closed at $55.90 steel - added to the breakout list.
Tuesday, March 04 - We stopped out of several picks today. JRCC James river coal's run ended from $10.73 to $16.50 (stopped out) and closed at $17.84. As the market started selling off at 2pm a reversal started the buying. Gold sold off nearly $20 and could signal more volatility. Today's sell-off has triggered several stop-loss points. BRKR $14.83 Bruker Corp. added to the breakout list - 5 days of increased volume.
Monday, March 03 - Our Email Alert to members Sunday eve --> Stillwater Mining Company SWC at $20.53, it closed up today 7.94% to $22.16. Our Second pick Sunday, Valence Technology VLNC jumped from $3.67 to $3.94 or up 7.36%.
Worth noting today, BZP picked back on feb 08 at $14.71 jumped 17% today to close at $18.55.
Another pick in the uptrend, Coal producer WLT up 29.9% from the original buy signal, up 6% today.
Friday, Feb 29 - Email Alert to our members 15 minutes after the opening bell to take cover. A buy signal went out for SDS, TWM, and QID. This move was expected and was discussed Thursday.
- we added back Finance news clips, update on the right side menu. Please give us an email if our news clips are not working on all pc's.
Thursday, Feb 28 - For the SP500 1380 pre-market,we are at the 500 day moving average (1390) to cap the rise. So short term we are in a trading range with 1215 a near term lower target. Trading volumes do not indicate a bottom has been made on the SP500. SDS, TWM, and QID remain on our watch list. MTL remains strong. Golds remain in a strong uptrend. GLD,KGC target $28-29. Stop-loss points have been updated in our trading table below. DBA - sell signal.
Wednesday Feb 27 - Premarket Email Alert sent out to our members with over 20 Stock picks from our Stock Scan version 8.1.- join up today.
Monday, Feb 25. As the SP500 1371 approaches it's 50 day moving average - upper resistance is at 1395.
XTO breakout, TWM, SDS are near the 50 day support level - both are Insurance for market meltdowns.
CMP up 6.14% , COG up 3.48% Cabot Oil and Gas, CHK up 3.98% Chesapeake ( GAS), DBA up 3%
MEE up 7.52% breakout, WLT up 5.62% - some nice profits on several stock today.
Friday Feb 22, The SP 500 @ 1345 in a triangle formation. A drop down is possible. Position yourself for a defensive downside breakout. GLD $93.45 uptrend in place. XEC $49.86 worth noting - strong mover.
Wednesday Feb 20 , A Big move in WLT up 10%, CHK $44.84, and COT$49.32 still on the move . We added XTO Energy today, the close was $58.60
Tuesday Feb 19, Gold stocks could move higher, Kinross Gold KGC $22.15 signal emailed
to the members before the market open. Closed at 23.03. COG another move up 3.75%. James River Coal JRCC - take some off the table, reward yourself on this explosive move.
| Date |
Ticker |
Price |
Stop |
Target
|
Comments, EA
= Email Alert |
| mar
06 |
BRKR |
14.25 |
Stop-out,
General market weakness across the markets |
||
| mar
05 |
BRKR |
15.09 |
14.25 |
Increase-stop |
|
| mar
04 |
BRKR |
14.83 |
13.75 |
Bruker Corp. added to the breakout. - 5 days of increased volume. | |
| mar
04 |
VLNC |
3.60 |
Stop-out,
weakness from the open. |
||
| mar
03 |
VLNC |
3.94 |
3.60 |
Up
7%, Increase stop-loss |
|
| mar
02 |
VLNC |
3.67 |
EA |
Email
Alert, Valence Technology, a nice breakout and uptrend. For last week it was up 21% |
|
| mar 06 |
MTL |
Sold
at $139.50, 9.9% profits |
|||
| mar 05 |
MTL |
140.47 |
135 |
EA |
Topping
? Take 50% off the table. |
| mar 04 |
MTL |
138.37 |
135 |
Uptrend
is slowing near 140, take profits or increase stop. |
|
| feb 29 |
MTL |
132.05 |
130 |
Take
some profits or increase stop-loss |
|
| feb 28 |
MTL |
135.66 |
125 |
Increase
stop, Volumes have increased on rise. |
|
| feb 22 |
MTL |
126.83 |
118 |
Mechel
Steel Group, Breakout in progress. |
|
| mar
04 |
SWC |
20.64 |
20.30 |
$22.72
was the day's high, stopped-out intraday $20.30 |
|
| mar
03 |
SWC |
22.16 |
20.30 |
Up
7.94 % Increase stop-loss, Uptrending volumes |
|
| mar
02 |
SWC |
20.53 |
EA |
Email
Alert, Stillwater Mining Co on the NYSE has been on major uptrend.The
move could be 80% done ? |
|
| mar 3 |
XTO |
63.13 |
62 |
Stop-out,
5.8% return |
|
| feb
27 |
XTO |
60.58 |
60 |
62 |
Trend
is slowing, Increase stop loss |
| feb
25 |
XTO |
59.52 |
57 |
Increase
stop-loss, breakout in progress |
|
| feb
20 |
XTO |
58.60 |
56 |
XTO
Energy, Breakout , $56.86 |
|
| mar 04 |
KGC |
24.50 |
Stop-out,
Uptrend could be in place ? |
||
| mar 03 |
KGC |
26.20 |
24.50 |
Increase
stop-loss, increased volumes in the uptrend is positive |
|
| feb 27 |
KGC |
24.62 |
23.90 |
28 |
A
move above the triangle pattern, 28-29 is a possible near term
target |
| feb
20 |
KGC |
23.63 |
22 |
Kinross
Gold Breakout
of triangle in progress. |
|
| feb
19 |
KGC |
22.15 |
21.90 |
EA |
Kinross
Gold, breakout of a triangle. Golds are moving |
| mar
04 |
COG |
48.50 |
Stop-out,
top is forming, 5.3% profits |
||
| feb
28 |
COG |
49.46 |
48.50 |
A
drop on larger volumes, increase stop-loss. |
|
| feb
25 |
COG |
50.55 |
48 |
up
3.48%, increase stop-loss |
|
| feb
20 |
COG |
49.37 |
47 |
up
another 3%, increase stop-loss |
|
| feb
19 |
COG |
47.86 |
45.90 |
up
another 3.75% Increase stop-loss |
|
| feb
14 |
COG |
46.05 |
43.70 |
Cabot
Oil and Gas, up
5.86%, double top breakout |
|
| mar
06 |
CHK |
45 |
Stop-out,
4.9% profits |
||
| mar
05 |
CHK |
46.50 |
45 |
Volumes
are building, Upside breakout could follow. |
|
| feb
28 |
CHK |
45.35 |
45 |
Increase
stop-loss |
|
| feb
25 |
CHK |
46.22 |
43.50 |
Up
3.98% today Increase stop-loss.Now up 7.7% from buy signal |
|
| Feb20 |
CHK |
44.84 |
42.80 |
Up
2.73% today, increase stop-loss |
|
| feb
14 |
CHK |
42.89 |
41.25 |
48 |
Chesapeake
( Gas) Breakout in progress, 4th day of the rally on above average volumes. |
| mar
03 |
DAR |
13.30 |
$14.38
was the high in the short term trend, Trade is stopped out. 3.58% profits |
||
| feb
27 |
DAR |
13.55 |
13.30 |
The
trend is a rounding top, Increase stop-loss, Volumes have dropped |
|
| feb
13 |
DAR |
13.34 |
12.70 |
up
3.89 % Breakout |
|
| feb
12 |
DAR |
12.84 |
12.25 |
Darling
Intl. Corp. Breakout on
close. |
|
| feb
29 |
PETD |
71 |
Sold, |
||
| feb
27 |
PETD |
72.18 |
70 |
Increase
stop-loss, A larger volume with no upside could have been the top -
sell signal. |
|
| feb
22 |
PETD |
71.12 |
68.25 |
Momentum
is slowing, Increase stop |
|
| feb
13 |
PETD |
70.69 |
67.50 |
moving
higher, volumes could be higher |
|
| feb
12 |
PETD |
69.71 |
65 |
Petroleum
Development Corp.
Rapid Climb, Watch for buy point. The move was fast to the upside.$70 could be a "measured move". |
|
| feb 28 |
DBA |
42.46 |
40.50 |
Sell
signal. A high volume spike. Local top is forming.Or reset the
trailing-stop loss. |
|
| feb 22 |
DBA |
40.95 |
39.45 |
Steady
rise, Increase stop-loss |
|
| feb 19 |
DBA |
40.07 |
38 |
Steady
climb resumes |
|
| feb 08 |
DBA |
39.03 |
37 |
PowerShares DB
Multi-Sector Commodity Trust Agriculture Fund (DBA) A steady climb. We could be (a) 50% in the rise, or (b) it's just going up. |
|
| feb
22 |
BZP |
15.40 |
Stop-out,
4.69% return |
||
| feb
13 |
BZP |
15.95 |
15.40 |
Up 6% today , Increase stop-loss |
|
| feb
11 |
BZP |
15.32 |
14.25 |
up 4.15%, Increase stop, |
|
| feb
08 |
BZP |
14.71 |
13.25 |
BPZ
Resources. $15 is breakout.
volume signal needed. |
|
| feb 27 |
41 |
Stop
- out, 2.75% profit |
|||
| feb 25 |
MEE |
43.48 |
41 |
up
7.52% today The breakout is on. |
|
| feb 11 |
MEE |
40.82 |
39.50 |
At
breakout, higher volumes
needed for buy signal. |
|
| feb 07 |
MEE |
39.90 |
37.50 |
Massey
Energy, near a breakout.
Volumes need to increase. add to Watchlist |
|
| mar
06 |
WLT |
57.74 |
Sold
@ $58.50, 30.84% profits
|
||
| mar
05 |
WLT |
57.99 |
55 |
Increase
stop, momentum pause, Take some profits |
|
| mar
03 |
WLT |
58.13 |
53 |
Increase
stop, A nice run up 29.9 %
from our #2 buy signal |
|
| feb
29 |
WLT |
54.63 |
52.50 |
Increase
stop - protect profits. |
|
| feb
27 |
WLT |
53.52 |
51.50 |
Increase
stop. |
|
| feb
25 |
WLT |
54.11 |
49.50 |
up
5.62% today, Increase-stop |
|
| feb
22 |
WLT |
51.23 |
49 |
Increase
stop-loss, pause in climb, lock in some profits |
|
| feb
20 |
WLT |
51.46 |
47 |
Up
10% today, Increase stop-loss |
|
| feb
13 |
WLT |
46.90 |
45 |
up
6.7 %, next upleg, volumes could be higher but a move up. |
|
| feb
11 |
WLT |
44.71 |
Walter Industries. Close to breakout
again, $45.50
and
high volume is breakout signal. $40.83
was the original buy signal -
alert. |
||
| feb
27 |
57.40 |
Gap
down, Sold on weakness. |
|||
| feb
22 |
KMP |
59.35 |
57.75 |
Steady
rise, Volumes are not spiking but the trend is up. |
|
| feb
11 |
KMP |
58.27 |
Very close to a pop |
||
| feb
08 |
KMP |
57.75 |
56.50 |
58.50
is breakout - watch for volume and price pop. |
|
| JAN
31 |
KMP |
57.39 |
55.50 |
Increase
stop-loss. |
|
| jan
26 |
KMP |
56.14 |
55 |
Kinder
Morgan Energy LP. Triple top breakout. A move over 57 on high volume is needed to confirm new breakout. |
|
| mar
03 |
JRCC |
16.50 |
stop-out, 53.77% profits |
||
| feb
28 |
JRCC |
17.40 |
16.50 |
Increase
stop |
|
| feb
19 |
JRCC |
16.50 |
Take
some profits. |
||
| feb
13 |
JRCC |
16.89 |
15.0 |
up 14% on breakout. |
|
| feb
11 |
JRCC |
15.13 |
14.0 |
increase
stop, volume surge - could be
another
double top breakout |
|
| feb
08 |
JRCC |
14.64 |
13.50 |
resistance
near $15, increase stop |
|
| feb
05 |
JRCC |
Take
some profits, 13.71 was the high of the day. |
|||
| feb
4 |
JRCC |
14 |
13 |
Up
another 3.4% monday ,Increase stop-loss or take profits, up 30.4% from the buy signal. |
|
| feb
2 |
JRCC |
13.53 |
12 |
Up 10% friday. Increase stop
loss or sell and lock in profits. |
|
| jan
31 |
JRCC |
12.24 |
11.24 |
Increase
stoploss. local resistance at 12. |
|
| jan
29 |
JRCC |
11.42 |
10.80 |
increase
stop-loss, nearing resistance of 11.94. |
|
| jan
26 |
JRCC |
10.73 |
9.50 |
James
River Coal, 11.94 is breakout. StockPhase 1 - base formed , Risky but trend is turning up over the 200 day Moving Average. |
|
| feb
15 |
CNX |
75 |
Stop
out, 2.72% profit |
||
| feb
11 |
CNX |
80.96 |
75 |
Breakout,
volume could be a little low. |
|
| feb
08 |
CNX |
77.54 |
52
week high, a breakout is close. High volume signal needed. |
||
| feb
04 |
CNX |
76.68 |
rising
on low volumes, not
triggering any buy signals. - divergence |
||
| jan
|
CNX |
high
77.23 jan 29. uptrend
or double top ? |
|||
| jan
26 |
CNX |
73.01 |
70 |
Consol
Energy, Break-out at
$74.18, Very active volumes in last 3 days. Spike volume jan 24 2X volumes. |
|
| mar 03 |
NLY |
20.25 |
Stop-out,
2.16% profit |
||
| feb 29 |
NLY |
20.69 |
20.25 |
The
trend is weaker. Take the profits. |
|
| feb 22 |
NLY |
20.92 |
20 |
After
almost stopping out, were moving up. Keep stop at 20 |
|
| feb
07 |
NLY |
21.00 |
20 |
up
2.74% today. Uptrend continues, increase stop-loss |
|
| feb
05 |
NLY |
20.44 |
19.40 |
Another
uptrending day, - during extreme market weakness. |
|
| feb
02 |
NLY |
19.99 |
19.20 |
Still
on an uptrend from december. A pop or drop is due. |
|
| jan
25 |
NLY |
19.04 |
19 |
High
of $20.22, On the watchlist. Uptrend has weakened on high volumes. A pullback to 17.50 ? |
|
| jan
22 |
NLY |
19.82 |
19 |
Big
up-move, 8% on 15 milllion
shares. This was first posted back dec 30 @ $18.25 as a breakout. |
Stock Picks for Toronto TSX, Top Stock Traders.com Historical
Traders Notes, March 2008
Monday March 17, close Oils are looking weak after a long run.The Energy Select Sector XLE $72.15 index on the AMEX dropped below the 200 day moving average on above average of 31 million shares. The XLE has a head and shoulders top and is telling us the bullish run in energy is weakening - or paused. Monday March 17, pre-market Canadian Banks, BMO could see additional pressures on the open. News of the $2/share sale of Bear Stearns last traded at $30 was the wake up call. Overseas markets have sold off overnight. Our stock pick watch-list with a theme of safety is needed. HXD $21.27, Gold has reached a high of over $ 1025 usd overnight. The Asian markets - which were to save the world ....are now trading below their respective 200 day moving averages and selling off. Hang Seng down -5% overnight. Friday March 14, Close XIU $78.63 continues to be in a trading range between 77 and 82. Technically, we are below the 200 day moving average and drifting lower. The last 2 volume surges have been to the downside and this does suggest a re-test of the January low ahead - XIU of 70.71 was the Jan low. BMO $40.17 another 52 week low, or back 5 years ago to 2003 for support levels. Traders hold off on bank stocks till we see a double bottom. Investors - wait till the banks break over the 50 and 200 day moving averages or stockphase1 moving to stockphase 2. ECA $78.50 Encana, a natural gas play, continues to trend higher. Goldcorp G $44.88 has just made a small move above old resistance. Kinross Gold K $26.51 continued uptrend. The Canadian Oils are looking very weak and in a down trend. PCA $46.17 is below the 50/200 day moving averages and the 200 day moving average is turning down. Are the lower trending oil stocks forecasting the move in World Oil by investors ? Wednesday March 12, close Cresent point energy trust $28.60 remains in an uptrend. HAT $2.39 has been a winner during the market madness. HAT surged on a Uranium discovery and has been added to the watch list. Over $2.55 would be a nice breakout with above average volume - the buy signal. Wednesday - March 12 AM, Email to members pre-market open, Monday March 10 EnerGulf Resources added to the watch list ENG $3.72. HXD $22.17 is up 7.8 % from original email alert feb 27. Our Stock Scans did not return any reliable stockphase 2 stocks worth posting. HXD remains a holding till we reach a short term bottom. XIU $77 dropped on fairly low volumes - this drop is a warning as we are back below the 50 day and 200 day moving averages. Suncor SU $103.48 dropped 2.13% on a day where we have West Texas breaking upward of $108 usd. The banks look to have slowed the drop. The resource sector gold, coal, platinum, and oils are weakening. Timminco TIM $17.96 took a 8.8% drop - Solar may not be the best bet if oil prices were to weaken. A double top at $23.31 is a technical signal TIM may not be moving higher. Saturday March 08 The big banks are pulling the Market lower. One thing to note, Oil stocks are not breaking 52 week highs. Nortel was the market king in 2000. Resource stocks have had the same run as Nortel back in 1997 to 2000. Suncor $105.73 looks to have formed a head and shoulders top. If Suncor breaks $112 again, this would be a good sign the Oil trend is up again. Canadian Natural Resources CNQ at $73.37 is also griding lower. Above $80 CNQ would be breaking out. These are short term observations which for now which indicate Oil is not moving higher. The stock picks below have been cleaned up, several expired trades have been moved to the Archived Trades March 06, Thursday The Banks may be looking oversold, but hold off till we start to see at least a double bottom. Tuesday BMO looked oversold, now BMO $41.97 is just panic selling. HXD Horizon Betapro TSX 60 BearPlus our top Canadian bear stock pick from feb 27 is up $21.15 or 3.9% today. Oil and Gold are keeping this market alive. If Gold or Oil sell off, the TSX could have a very fast correction in this commodities bull market. XIU $78.70 is now trading below the 200 day moving average. March 05, Wednesday Eastern Platinum ELR $4.07 up another 4.9 % on 17.5 million shares. Now up 22.2% from feb 13 buy signal. Goldcorp made up for yesterday's loss. G $43.88 up 3.32%. Birchcliff Energy $9.85 BIR has broken out of a triangle formation up 3.79% today. March 04 Tuesday Eastern Platinum ELR $3.88 up 6% on 20 million shares. A sharp $20 oz. sell-off on gold. As we have no way to enter into these trades with a crystal ball, please protect yourself by setting your stop-loss on entry to the trade. During these market meltdowns, sell if you are sitting on profits or just want to sit it out. HXD $20.70 has moved up and remains one of our holdings ( #1 Top Bear Market pick for Canada). BMO Bank of Montreal $46.89 could be oversold and near a short term bounce. Feb 29 Friday Email Alert to our members 15 minutes after the opening bell to take cover. A buy signal went out for HXD @ 20.02. This move was expected and was discussed Thursday. Feb 28 Thursday A big run-up on the TSX. At some point we could have a big drop and follow the US market lower. XIU shares at $81.41 MAJOR upper "resistance " at $82.45. This upper resistance is strong and the market would need to have a some signal the US will not pull Canada into a recession next. Feb 25, Monday Uranium up - DML Denision Mines up 8.70% from friday's pick. Sold GCE at a 88.8% return. Potash up again 3% POT $163.45. KCL $4.97 in breakout on high volumes. |
|
| Return to top
|
| Date
|
Ticker |
Price
|
Stop
|
Target
|
Comments,
EA = Email Alert
|
| mar 04 |
SOR |
3 |
Stop-out |
||
| feb 28 |
SOR |
3.30 |
3 |
Solana
Resources. Smaller volumes - but in a breakout |
|
| mar 03 |
DML |
8.80 |
Stop-out,
10.97 % return |
||
| feb 29 |
DML |
9.05 |
8.80 |
Increase
stop on TSX market weakness. |
|
| feb 28 |
DML |
9.50 |
8.50 |
10.45 |
up 7%
today, Increase stop-loss. Upper resistance near $10-10.50 |
| feb
25 |
DML |
8.62 |
8.30 |
up
8.70%, Volume 2-3X normal. Increase stop-loss. |
|
| feb
22 |
DML |
7.93 |
Denision
Mines, upside
resistance at $10. Volumes are building on a uptrend from a double bottom. Keep an eye on Uranium prices. |
||
| mar
07 |
POT |
153.71 |
152 |
stop-out |
|
| feb
25 |
POT |
163.45 |
152 |
Increase
stop-loss |
|
| feb
22 |
POT |
158.52 |
Potash
Corp. - demand from China. A long uptrend continues. |
||
| mar
03 |
PD |
21.50 |
Stop-out,
5.2% profits |
||
| feb
29 |
PD |
21.85 |
21.50 |
The
move up has slowed, Increase stop or take profits |
|
| feb
28 |
PD |
22.43 |
21 |
This
would be early in a new run, set stop-loss |
|
| feb
25 |
PD |
22 |
A
chance a retracement to 20.52
or the 200 day moving average. |
||
| Feb
22 |
PD |
20.42 |
Uptrend
in place. The stock is
nearing it's 200 day moving average. A breakout could occur near $22.
There is a chance it could also break down as the 200 day is resistance. |
||
| mar
04 |
K |
24.50 |
Stop-out,
Gold sold off $20 nearly oz, 3.68% profits |
||
| mar
03 |
K |
25.90 |
24.50 |
Volumes
are high, Increase stop-loss. |
|
| feb
29 |
K |
24.35 |
23.50 |
Kinross
Gold , above 25-26 would be a good breakout signal. |
|
| Feb
19 |
K |
23.63 |
Golds
continue to be in a bull market. Kinross looking to breakout. It's move is a breakout - but volumes are missing. Add to the watchlist. |
||
| mar
06 |
ELR |
3.90 |
Stop-out,
17.1 % profits |
||
| mar
05 |
ELR |
4.07 |
3.90 |
EA |
up 4.9%, Increase stop, High volume of 17.5 million |
| mar
04 |
ELR |
3.88 |
3.65 |
up
6%, Increase stop, intraday spike to $4.18 on 20
million |
|
| mar
03 |
ELR |
3.66 |
3.50 |
Increase
stop, Steady rise |
|
| feb
28 |
ELR |
3.57 |
3.37 |
Increase
stop, Higher volumes have been on upticks |
|
| feb
22 |
ELR |
3.44 |
3.30 |
Trend
continues up. Resistance near $3.51 |
|
| feb
13 |
ELR |
3.33 |
3.25 |
Eastern Platinum moving in a steady uptrending breakout | |
| mar 03 |
TIM |
Gapping
down, SELL signal , 20 % profits |
|||
| feb 29 |
TIM |
21.37 |
21 |
It
looks like a double top near 23.30 is in place. Increase stop or sell. |
|
| feb 22 |
TIM |
22.85 |
20 |
up
24% today. Increase stop-loss. |
|
| feb 13 |
TIM |
17.50 |
16 |
23 |
up
9.5% today. Volume are building. It's possible it could reach $23. |
| feb
25 |
GCE |
3.40 |
Stop
out, We are out of this position - a long run 88.8% return |
||
| feb
22 |
GCE |
3.60 |
3.40 |
Again,
a traling stop-loss will lock in profits. I would not buy more unless I was sure the fundametals are going up. |
|
| Feb
19 |
GCE |
3.42 |
EA |
Grande
Cache Coal. First buy signal was emailed to our members at $1.75. Our
second buy on "stop" was posted at $1.80. Keep increasing these
traling stops.Take profits as mentioned in prior notes. |
|
| feb
11 |
GCE |
3.12 |
Sell
signal, up 83% from buy signal. This is a parabolic rise. Take some
profits. |
||
| feb
02 |
GCE |
1.80 |
Buy
on Stop @ $1.80 signal as the stock jumped, retracement to 1.80 likely. |
||
| jan
31 |
GCE |
1.66 |
On
the Watchlist, as coal prices firm up with winter storms in China. Grande Cache |
||
| feb
13 |
HXD |
21.90 |
Stopped
- out |
||
| feb
05 |
HXD |
22.67 |
21.90 |
25-27 |
Bear
fund for the TSX 60 index ( short position) |
| jan
22 |
hxd |
Sold
at $25,a 15% return |
|||
| jan
21 |
hxd |
25.88 |
25 |
Increase
stop-loss |
|
| jan
17 |
hxd |
23.60 |
22.99 |
Increased
stop-loss |
|
| jan
15 |
hxd |
21.72 |
21.70 |
25 |
Bear
Fund for the TSX 60. ( short position) |
