Author Archives: Stock Trading Master

New Penny Stock Pick and Market Analysis For Next Week

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stem-cell-research

The DOW, S&P 500, NASDAQ, and Russell 2000 all have uptrend ratings. The Bulls no longer have a “strong” advantage over the Bears going into trading next week. The Bulls still have the advantage over Bears going into trading next week as not enough technical damage was done last week to take markets out of their uptrend ratings.

There was no institutional buying last week like we have seen for the previous several weeks. Are institutional traders taking a breather from their buying spree or has the talked of the Federal Reserve ending stimulus really spooked markets?

The Market Is Telling Us It’s Too Soon To End Stimulus

When the market drops at the slightest talk of stimulus from the Federal Reserve coming to an end, that’s telling you something very important. It’s the markets way of telling everyone that its too early for the Federal Reserve to stop stimulus. When we can talk about the Federal Reserve ending stimulus and the market reacts very little, that’s how you will know that it’s time for the Fed to end stimulus.

Orders for long-lasting U.S. manufactured goods rose more than expected in April, a sign that a sharp slowdown in factory output could soon come to an end. New orders for durable goods increased 3.3% last month, the U.S. Commerce Department said, and it revised prior readings for orders to show a smaller decline in March than previously estimated.

Fundamental analysis report that moved markets last week was Friday’s Durable Goods.

Durables orders for April came in better than expected. However, on average for the core, this means that manufacturing merely is less sluggish than believed last month. New factory orders for durables in April rebounded 3.3% after dropping a sharp 5.9% in March (originally down 6.9%). Analysts expected a 1.1% increase.

Fundamental analysis reports with the greatest probability of moving markets next week are:
Thu – May 30, 2013 = GDP
Fri – May 31, 2013 = Personal Income and Outlays

The stock market will be closed on Monday, May 27th 2013 for Memorial Day.

IF YOU LIKE MY WEEKLY MARKET ANALYSIS, YOU OUGHT TO SEE THE DAILY ANALYSIS FROM MY TEACHER JB! HE’S ON A HOT STREAK RIGHT NOW!

IF YOU LIKE MY WEEKLY MARKET ANALYSIS, YOU OUGHT TO SEE THE DAILY ANALYSIS FROM MY TEACHER JB! HE’S ON A HOT STREAK RIGHT NOW!

OCZ Technology Short Squeeze Play

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ocz-technologyA couple of days ago, Jason Bond (JB) pushed out his nightly newsletter to subscribers. Each day, Jason sends subscribers his daily watch list for trading the next day. OCZ Technology was one stock on his watch list. The logic is that most of the bad news is already factored in and OCZ might just surprise everyone and turn into a turn around story. If that happens, a massive short squeeze will cause this stock to soar.

A whopping 22% of the float is short and OCZ has a short interest days to cover metric of 10. Anything over 3 is a short squeeze candidate. Over the last week, the stock is up 22% and today it closed up nearly 10%. Shorts are already being squeezed in this stock.

In this episode, I talk more about OCZ and you’ll see in real time why JB established the $1.38 level for his entry.

Disclosure: I am long OCZ.

CLICK HERE TO CHECK OUT JASON BOND PICKS SERVICE! HE’S ON A HOT STREAK RIGHT NOW!

CLICK HERE TO CHECK OUT JASON BOND PICKS SERVICE! HE’S ON A HOT STREAK RIGHT NOW!

Post-Apocalyptic Market Analysis and RepubliTards

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doomsday-preppers

There was something that came across my desk today that inspired me to create a new word: Republi-Tards. Republi-Tards are traders that bring politics into their market analysis. Their really pompous people that actually think their world view is superior to everyone else.

In this episode I talk more about Republi-Tards and their cousins, doomsday preppers.

Yes, you heard me, these are the herds of people who try and profit from a Night of the Living Dead scenario. Why? Because their one glowstick short of a rave.

Post-Apocalyptic Career

As the economy slowly improves, zombie killers like Alex Jones are going to have a tough time finding a new career and source of income. Fear not, FNMA is the answer so long as you can get over your “everything has just been papered over” delusion. If not, I’m pretty sure McDonald’s will survive the apocalypse. I totally see Alex Jones doing drive-thru.

Disclosure: I just went long FNMA for a long term hold.

Swing Trading With Watch Lists

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Check out how one of the most popular traders on Wall Street uses watch lists.

A watch list is not just a list of stocks that you like, that you write down on a piece of paper. You know, that piece of paper you find pushed into the corner of your desk that’s all dusty that you end up throwing away.

A watch list system used correctly will make you a disciplined trader and it will improve your entry level 10x over.

Think of a trade as a movement from one-side of a funnel to the other. It is a set of stages that you move through before ultimately getting to the buy or sell order.

The first phase is the stock screener. I have already done a number of lessons on how to set up your stock screener and what parameters to use.

The second phase is the master watch list. Stocks move from your screener to your master watch list. Just because a stock is on your master watch list, it doesn’t mean that it’s a buy. Think of your master watch list as your “stalking” list. These are stocks that you are watching only.

The third phase is to build the daily watch list. Everyday after market close, you want to go through the stocks on your master watch list that are oversold, bouncing off a previous support area, and have formed a candle over candle pattern. Take your best looking stocks that meet these criteria and add them to your daily watch list. These are stocks that you are looking to buy the next trading day.

The final phase is to buy or sell a stock from your daily watch list. In summary, stock screener –> master watch list –> daily watch list –> trade.

In this episode I show you the stocks on my master watch list and how I move them to my daily watch list. Then, you will hear from Jason Bond on how he uses watch lists to consistently beat the street. Enjoy!

CLICK HERE TO GO TO FINVIZ TO SET UP A FREE ACCOUNT

IF YOU THINK THIS LESSON WAS GOOD, YOU OUGHT TO SEE WHAT ELSE JASON BOND HAS TO TEACH! CLICK HERE TO CHECK OUT HIS SERVICE! HE’S ON A HOT STREAK RIGHT NOW!

CLICK HERE TO GO TO FINVIZ TO SET UP A FREE ACCOUNT

IF YOU THINK THIS LESSON WAS GOOD, YOU OUGHT TO SEE WHAT ELSE JASON BOND HAS TO TEACH! CLICK HERE TO CHECK OUT HIS SERVICE! HE’S ON A HOT STREAK RIGHT NOW!

Stock Technical Analysis – Ascending Triangle

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ascending-triangle

I bought LEDS in my personal trading account today after JB bought it. JB has sold 2/3rds of his position in the stock and so he’s mostly out already. He made over 10% in a couple hours.

I think the stock could continue to go higher so I’m going to hold it a little longer.

I really like the chart pattern on this one. In this episode, I’m going to go over what I like about this chart and then we will look at this JB trade in real time.

This lesson will conclude with JB teaching about the psychology behind the Ascending Triangle pattern.

IF YOU THINK THIS LESSON WAS GOOD, YOU OUGHT TO SEE WHAT ELSE JB HAS TO OFFER! CLICK HERE TO CHECK OUT HIS SERVICE! HE’S ON A HOT STREAK RIGHT NOW!

IF YOU THINK THIS LESSON WAS GOOD, YOU OUGHT TO SEE WHAT ELSE JB HAS TO OFFER! CLICK HERE TO CHECK OUT HIS SERVICE! HE’S ON A HOT STREAK RIGHT NOW!

Stock Market Forecast For Trading Week Of May 13 2013

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The DOW, S&P 500, NASDAQ, and Russell 2000 are all in strong uptrends; therefore, my rating going into next week is that the Bulls have a strong advantage over the Bears.

Market internals mostly support that view although we had to throw out the Elder system applied to SPY this week because we had a split signal in two different time frames.

Most Institional Buying All Year Last Week

Probably the most impressive evidence of a strong bull rally is from the TICK which showed HUGE institutional buying on Tuesday, Wednesday, and Friday of last week. Wednesday was the highest reading on the TICK in more than a year which suggests heavy institutional trader activity.

Institutional traders mostly bought Materials, Industrials, Technology, Finance, Utilities, and cyclical stocks. Last week confirmed a breakout in cyclical stocks which is a great sign for the economy. Cyclical stocks are the first to move up on an improving economy, and the first to move down on a bad economy. The reason is that cyclical stocks are companies that people tend to buy their products and services when they have more money like houses and cars. Non-cyclical stocks are things like toothpaste and toilet paper that people are going to buy no matter how bad the economy gets.

Among recent gainers, offensive sectors tied to economic growth such as technology and financial stocks have been catching up after lagging for most of the year.

What About Sell In May and Go Away?

With the Dow and the S&P 500 hitting more record closing highs last week, the start of the weakest 6 months of the year and the “Sell in May and Go Away” may come later this year or simply not at all. About a month ago I told subscribers to use the S&P 500 MACD in the Weekly time frame to confirm a sell signal and the start of Sell In May. If you did not listen to me then you were headfaked by a MACD sell signal in the daily time frame a few weeks back. Let’s continue to look for a MACD sell signal in the Weekly time frame on the S&P 500 and continue to trade the long side until/if we get it.

Fundamental analysis reports with the greatest probability of moving markets next week are:
Mon – May 13, 2013 = Retail Sales
Wed – May 15, 2013 = Industrial Production, Producer Price Index
Thu – May 16, 2013 = Consumer Price Index, Housing Starts

IF YOU LIKE MY WEEKLY MARKET ANALYSIS, YOU OUGHT TO SEE THE DAILY ANALYSIS FROM MY TEACHER JB! HE’S ON A HOT STREAK RIGHT NOW!

IF YOU LIKE MY WEEKLY MARKET ANALYSIS, YOU OUGHT TO SEE THE DAILY ANALYSIS FROM MY TEACHER JB! HE’S ON A HOT STREAK RIGHT NOW!

Federal Reserve: Skepticism versus Realism

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federal-reserve-skepticism-versus-realism

The argument you see today about the Federal Reserve and the economy is really nothing more than an age old argument put forth by Rene Descartes.

I’m seeing a lot of talk about the economy being fake and the only reason that stocks have been going up for the last 5 years is because the Federal Reserve keeps pumping money into the economy. The logic goes that stocks going up are really just an illusion created by the Federal Reserve.

This is nothing more than an age on philosophical study called, “The Brain In A Vat” hypothesis. How do you know that you are not really just a brain inside a vat and that everything you see is just an illusion?

In this episode, I use an incredibly simple tool on Finviz to destroy the idea that stocks going up are just an illusion created by the Federal Reserve pumping money into the economy. Thanks to the Edgar system and multi-platform conversion tools, we can actually search through the filings of thousands of companies and show all the ones that have had revenue growth of more than 5% since 2008 when the Economic Crisis first hit.

This lesson will show you how most people are just zombies: they repeat what other people say and don’t actually think for themselves.

After destroying the “it’s all an illusion” argument, I move on to deal with the question of when the Federal Reserve should stop its stimulus. Folks it’s really simple. The market drops 200 points on talk of the Federal Reserve stopping stimulus. This happens because the private sector isn’t strong enough yet for the Federal Reserve to stop. When we talk about the Federal Reserve stopping stimulus and the market does nothing on the news, that’s how you know when it’s time for the Federal Reserve to stop its stimulus.

I find it funny that these CEOs and money managers from the private sector who are responsible for tanking our economy in the first place are now paraded in front of us on CNBC and in the financial media as experts who know when the Fed should stop stimulus. The Federal Reserve will stop its stimulus when the Federal Reserve stops its stimulus and not a day before.

CLICK HERE TO GO TO FINVIZ AND DO A STOCK SCREEN LIKE THE ONE SHOWN IN THIS VIDEO!

CLICK HERE TO GO TO FINVIZ AND DO A STOCK SCREEN LIKE THE ONE SHOWN IN THIS VIDEO!

Renren Short Squeeze Into Earnings Announcement On May 13 2013

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censor

Renren Inc. (RENN) looks sweet dude. They have over $900 million in cash with $0 debt! They’ve had awesome sales growth every year since they started in 2008. Some are saying the stock is fairly valued at $7.40. It currently trades at $3.04, just a hair above its book value of $2.93 per share.

If it beats its earnings estimates on Monday, May 13 2013, we will get a sweet little short squeeze.

In this episode I talk about how a huge multi-billion dollar publishing corporation targeted little old me and an earlier video of mine and how this could be the start of a troubling trend of Internet censorship. I also talk about how Jason Bond hit an 8% winner in OCZ today in just 20 minutes. Finally, I talk about why I bought RENN in my personal trading account today and how I’m down big and this stock could become my Vietnam.

CLICK HERE TO CHECK OUT JASON BOND PICKS SERVICE! HE’S ON A HOT STREAK RIGHT NOW!

CLICK HERE TO CHECK OUT JASON BOND PICKS SERVICE! HE’S ON A HOT STREAK RIGHT NOW!