WCIC, Target Time
A 10%+ move on WCIC the day after buying it puts profit targets in site. The 20% initial target, where this blogger exits half the position, would be hit at about 24, considering the 20.25 Read More …
A 10%+ move on WCIC the day after buying it puts profit targets in site. The 20% initial target, where this blogger exits half the position, would be hit at about 24, considering the 20.25 Read More …
Ideal high-vol breakout on WCI Communities (WCIC.). This blogger is all in after mentioning any break through 20.25 would be an invite. That 20 mark is a big psychological one. Note that’s a weekly chart above. Read More …
Take a picture, we’re looking at perfect breakouts on the major indexes. They don’t happen often. But more importantly, their attractiveness doesn’t really make them any better than any other new high. Gotta like the Read More …
Major market continues higher despite a little pause for the S&P 500. Don’t think. Observe. Longs are working. Be defensive.
Long TWTR. Bought at 38 and 40. Out at 48 for 20% profit. Thanks. Long USO, March 20 Calls. – Out. Bought at .78. Final Exit at 1.08. Might be too early to call a Read More …
Nice grab bag of fast runners this week. Bull is on the prowl. Screen based on: EPS > 20% Quarterly Sales > 20% Quarterly ROE > 15% Price > 50 and 200 SDMA’s Price > Read More …
Broad-based breakout in effect. Waste of time to think. Just watch… watch for signs of buy-vol drying up and/or leadership breaking down. It’s that easy. It is. Bear Bias down. Neutral Bias Up.
The breakout has begun. Let the market do the talking, and we’ll react. Carry on.
Homebuilders are back. This blogger’s anticipation of an industry wide breakout soured after a couple of less than rosy outlooks from key companies sent investors into defensive mode. That big, fat red volume bar tells Read More …
The broader market looks to breakout as every major index and key sector trades solidly above the 50 and 200 SMA’s. If you’re short get out. Aggressive money gets in front. Keep it in perspective Read More …
Slight accumulation and we’re looking at a cup with handle position for the majors. Shorts must be nervous about now. This blog has been out on a bear bias, but lost conviction actually short sessions Read More …
Here’s a collection of bases and pullbacks, as well as a few broken charts and non trending vehicles in this week’s screen for: EPS > 20% Quarterly Sales > 20% Quarterly ROE > 15% Price > 50 Read More …