Thoughts....

I posted some Short Setups that are nearing actionable and low risk levels. On another note, I've been running my "Bounce Scans" the past few days, but I'm not finding many that offer adequate risk / reward. They are aggressive, but the only new long setups I saw today are PCBC and SWSI.

Index Watch for July 14, 2009:

New Setups for July 14, 2009:

Short Setups
(Click on Symbol for Annotated Chart)

BBH Biotech Holders ETF
CNW Con-Way
GOOG Google
TJX TJX Companies
HTS Hatteras Financial
RAX Rackspace Hosting
GPI Group 1 Automotive
GS Goldman Sachs
LZ Lubrizol
ICUI ICU Medical
RY Royal Bank of Canada
ORLY O'Reilly Automotive
MNRO Monroe Muffler
ACGL Arch Capital Group
SAN Banco Santiago
TPP Teppco Partners
KMR Kinder Morgan Management
SNX Synnex
FISV Fiserv
WDC Western Digital
MHS Medco Health Solutions
MVL Marvel Enterprises
CXW Corrections Corp of America
SLGN Silgan Holdings
LNCE Lance Inc
SJM The J.M. Smucker Company
JNJ Johnson & Johnson
ATHR Atheros Communications

Thoughts....

I posted a few setups I have on my radar still reasonably close to an actionable level. Although I posted the DVA setup this morning to Twitter, I've included an updated chart. If I come across anything else not posted, I'll do another update.

Index Watch for July 8, 2009:

New Setups for July 8, 2009:

Thoughts....

The Weekend Review and the Index Watch for the week of July 6th is finished. I've posted a lot of swing trade setups to keep an eye that should cover whatever direction the market decides to take us. I realize it's a lot to go over, but most won't trigger. When looking for low risk / high reward setups, this is more often than not the norm. Most investing sites on the internet contain a tremendous amount of worthless information making the selection process difficult. Unfortunately, 99% of them are useless in the real world of trading. I hope this blog can be different.

The Spreadsheet with the actionable levels is posted as well.

Index Watch for July 6, 2009:

Review for Week of July 6, 2009:

Breakout Setups
(Click on Symbol for Annotated Chart)

BPHX Blue Phoenix Solutions
CNXT Conexant Systems
AMLN Amylin Pharma
TOMO TomoTherapy
IMGN ImmunoGen
VRS Verso Paper
DYN Dynergy
MNTA Momenta Pharma
CVGI Commercial Vehicle Group
HYC Hypercom
SDTH ShengdaTech
TRID Trident Microsystems
IDTI Integrated Device Technology
XSEL Xinhua Sport & Entertainment
IDT IDT Corp
PMI PMI Group
AXTI American Xtal Technology
VIMC Vimicro Intl
PFAP Pacific Asia Petroleum
AIMC Altra Holdings
SONO SonoSite
BTIM BioTime
FLOW Flow Intl
GUID Guidance Software
FMD First Marblehead
SMOD SMART Modular Tech
OPXT Opnext
ACHN Achillon Pharma
AB AllianceBernstein
AMCN AirMedia Group
KBR KBR Inc
DIVX DivX
AVRX Avalon Pharma
JSDA Jones Soda
SYNM Syntroleum
GRVY Gravity
NTII Neurobiological Technologies
EMAN eMagin
VSPC ViaSpace
CYTV China YouTV

ETF Setups
(Click on Symbol for Annotated Chart)

SKF ProShares UltraShort Financials
SRS ProShares UltraShort Real Estate
BGZ Direxion Large Cap Bear 3x Shares
FAZ Direxion Financial Bear 3x Shares
TZA Direxion Small Cap 3x Shares
LQD iShares Investment Grade Corporate Bonds
FXI iShares China
EEM iShares Emerging Markets
RJN Rogers Intl Commodity Index - Energy

Short Setups
(Click on Symbol for Annotated Chart)

Biotech & Health:
MDRX Allscripts
RDY Dr. Reddy's Labs
OPTR Optimer Pharma
TECH Techne
DGX Quest Diagnostics
ABAX Abaxis
COV Covidien
ALXN Alexion Pharm
LH Laboratory Amer Holding
EW Edwards Lifesciences
GILD Gilead Sciences
NUVA NuVasive
CELG Celgene
LIFE Life Technologies
PRGO Perrigo
BDX Beckton Dickinson
ABT Abbot Labs
AMAG AMAG Pharma
AUXL Auxillium Pharma
AZN Astrazeneca
BIO Bio-Rad Labs
BRLI Bio-Reference Labs
CHSI Catalyst Health Solutions
HSIC Henry Schein
ICUI ICU Medical
IDXX IDEXX Labs
IMA Inverness Medical Technology
JNJ Johnson & Johnson
MCK McKesson
MD Mednax
MDVN Medivation
NVO Novo Nordisk
QGEN Qiagen
TPX Tempur-Pedic
VIVO Meridian Bioscience
VRX Valeant Pharma

Technology:
ADTN Adtran
TNDM Neutral Tandem
ATHR Atheros Communications
CTXS Citrix Systems
CYBS CyberSource
TSL Trina Solar
ATVI Activision Blizzard
BEC Beckman Coulter
TKG Telkom SA Ltd
CMTL Comtech Tele
CTSH Cognizant Technology
CTV Commscope
FFIV F5 Networks
FISV Fiserv
WDC Western Digital
AMSC American Superconductor
ANSS Ansys
APSG Applied Signal
CNQR Concur Tech
CTRP Ctrip.com
DIOD Diodes
DNEX Dionex
IHS IHS Inc
MFE McAfee
OTEX Open Text
PTNR Partner Communications

Consumer Goods:
CCK Crown Holdings
BWA Borg Warner
RKT Rock Tenn
BMS Bemis
PII Polaris
MO Altria Group
RAH Ralcorp Holdings
CRI Carter Holdings
ICON Iconix Brand Group
PDA Perdigao
SJM The J.M. Smucker Co
UL Unilever

Financials:
AXS Axis Capital Holdings
FCFS First Cash Financial Services
PJC Piper Jaffrey
NITE Knight Capital Group
JEF Jefferies Group
NLY Annaly Capital Mgt
TROW T.Rowe Price

Restaurants:
BJRI BJ's Restaurants
MCD McDonalds
PFCB P.F. Chang's China Bistro
EAT Brinker Intl

Retail:
FOSL Fossil
ORLY O'Reilly Automotive
LUX Luxottica Group
NFLX NetFlix
GES Guess
AN Autonation

Other:
CNW Con-Way
LZ Lubrizol
SYKE Sykes Enterprises
ACN Accenture
SJR Shaw Communications
SNX Synnex
CPRT Copart
FPL FPL Group
GPN Global Payments
MVL Marvel Enterprises
RSG Republic Services
SIAL Sigma-Aldrich
MHS Medco Health Solutions
KGC Kinross Gold
ATO Atmos Energy
UNP Union Pacific
VMI Valmont Industries
CENT Central Garden & Pet
CMS CMS Energy
KUB Kubota
HCN Health Care REIT

Long Setups
(Click on Symbol for Annotated Chart)

ASIA Asiainfo Holdings
JRCC James River Coal
KWK Quicksilver Resources
BAS Basic Energy Services
NSM National Semi
VMW VMware
OSIP OSI Pharma
CML Compellent Tech
COGT Cogent
DELL Dell
GA Giant Interactive
CTCT Constant Contact
AMD Advanced Micro Devices
ERES eResearch Tech
LLNW Limelight Networks
MTL Mechel Steel
SYMX Synthesis Energy Systems
ACI Arch Coal

Index Watch for July 2, 2009:

Setups for July 2, 2009:

Thoughts....

I realize it's late, but I posted a condensed Weekend Review. I haven't been able to run a scan in 3 weeks so I'm a little behind with fresh setups, but I hope to be caught up by the middle of the week. I'll post a few updates during the week when I find new setups nearing actionable levels.

Index Watch for June 29, 2009:

Review for Week of June 29, 2009:

Breakout Setups
(Click on Symbol for Annotated Chart)

DIVX DivX
TOMO Tomo Therapy
LIOX Lionbridge Technologies
IMGN ImmunoGen
OPXT Opnext
SYNM Syntroleum
PFAP Pacific Asia Petroleum
AMCN AirMedia Group
SUPG SuperGen
WMAR West Marine
FCSX FCStone Group
IDT IDT Corp
MGI MoneyGram Intl
ERES eResearch Technology

Short Setups
(Click on Symbol for Annotated Chart)

ABT Abbot Labs
AGN Allergan
AZN Astrazenaca
BRLI Bio-Reference Labs
CELG Celgene
CERN Cerner
CHSI Catalyst Health
COV Covidien
ICUI ICU Medical
IDXX IDEXX Labs
IMA Inverness Medical Technology
LIFE Life Technologies
NUVA NuVasive
PRGO Perrigo
QGEN Qiagen
CHD Church & Dwight
NAV Navistar Intl
PII Polaris Industries
RKT Rock Tenn
SJM The J.M. Smucker Co
UL Unilever
AMTD Ameritrade
JEF Jefferies Group
PJC Piper Jaffrey
TROW T.Rowe Price
SCHN Schnitzer Steel
SIAL Sigma-Aldrich
FOSL Fossil
NFLX Netflix
BEC Beckman Coulter
FFIV F5 Networks
FISV Fiserv
IHS IHS Inc
MIL Millipore
WDC Western Digital
ACN Accenture
AVAV AeroVironment
CPRT Copart
CSX CSX Corp
FPL FPL Group
GPN Global Payments
KUB Kubota
MHS Medco Health Solutions

Thoughts....

I'll be back in full force this week with the updates. Although my thoughts from the Thursday post haven't changed, I wanted to get some updated charts up.

Index Watch for June 15, 2009: