Stock Trading To Go

Market Recap - 2011 All Over Again, Gold Update

Blain — Wed, 23 May 2012 21:37:19 +0000

The best to the point recap for today comes from Mark from MarketMontage (emphasis mine),

The market remains a mess right now as we are back to the environment of latter 2011 and middle 2010 where random comments from officials across the Atlantic move everything en masse. Today the market was hit by word that preparations for Greece's exit from the EU are being considered.

Of course a denial by another official would send the market up 1% immediately. Rinse, wash, repeat – year #3.

The bigger picture right now is all stocks are moving as one asset class as our massive correlations return. Until that changes it is very difficult to bother to be a stock picker.

According to IBD day four+ from the bottom is when we are looking for a fresh accumulation day to confirm a bottom has been set into place. Something to keep an eye out for heading into the end of the week.

Stay frosty out there.

And here is a good look at Gold courtesy of the StockCharts.com blog. If Gold breaks below support, the next support area is down at the 135-138 area.

Original post: Market Recap - 2011 All Over Again, Gold Update

90 Stocks to Watch, A Look at My Current Watchlist

Blain — Tue, 22 May 2012 23:46:29 +0000

After posting on Amazon's strength last week, I received multiple emails from readers requesting I share my watchlist.

So, to take a break from the market recaps, tonight I cleaned up my current watch list and listed out 90 stocks below that are worth keeping an eye on!

Important to note, these are NOT, by ANY means, buy recommendations. I'm sitting 100% in cash and will not consider any new investments until we have a more favorable market environment. Also, I did not include any ETFs. My full watchlist is currently 147 securities.

What highlight stocks are on your current watch list?

*PCYC
TSCO
ARIA
CBST
REGN
ALXN
BBBY
AAN
MDF
HSTM
SWI
CRBC
KNXA
*ARBA
*ULTI
TRAK
FDO
DLTR
*PZZA
PNRA
BWLD
DPZ
*CMG
BJRI
SAVE
*V
MA
DFS
ISRG
*WFM
TFM
RAI
LULU
GCO
ROST
*QCOR
PII
CALM
ULTA
*GNC
VRSK
UA
MNST
PSMT
*WMT
PRGO
CF
*HAIN
IBM
RGLD
ABT
ASPS
EOG
PXD
RRC
NKE
*LNKD
GOOG
TRIP
LQDT
*AMZN
*ATHN
MCK
PCLN
*EXPE
MDVN
AMLN
CZR
FIRE
KORS
ALLT
LGF
RHT
*AOL
EBAY
SHW
NTES
UNP
CNI
HD
*Z
DIS
*VRTX
AGNC
MTGE
AMTG
TJX
FB
GNC

The tickers are simply typed out so they can be easily ported to whichever charting program you currently use. Just don't forget to remove the *s.

Original post: 90 Stocks to Watch, A Look at My Current Watchlist

Market Recap - Rebound Begins, Education Tips, Apple and Facebook Updates

Blain — Mon, 21 May 2012 21:45:41 +0000

Friday the market set its bottom as it traded massive volume and found critical support, and today the rebound kicked off with the NASDAQ adding 2.46% and the S&P 500 1.6%.

What's great about days like today is that technical analysis shines. Tonight I am going to let the charts do all of the talking. Newer investors take note, some great notes lie below.

And lastly here is a look at Facebook's (FB) first two days price action using a 10 minute char with MarketSmith,

Original post: Market Recap - Rebound Begins, Education Tips, Apple and Facebook Updates

Quoted in Money Magazine - June Issue

Blain — Fri, 18 May 2012 21:50:15 +0000

StockTradingToGo was included in the June issue of Money magazine as part of the cover story. The issue is now available at your local newsstand. Cool stuff

The story was the "35 Best Money Apps"; I contributed on the investing apps section. The apps that ended up getting featured include TD Ameritrade Mobile, Wikinvest, Fidelity Mobile\, iTrade, and TIAA-CREF.

The quote they ended up using for print was on TD Ameritrade Mobile. Both TD Ameritrade and Fidelity received 5 stars for mobile trading in the StockBrokers.com 2012 Online Broker Review.

For a list of some of my favorite ivnesting apps, see my post 10 Best iPhone Apps for Investing.

Original post: Quoted in Money Magazine - June Issue

Market Recap - Stocks Tank, Facebook (FB) Ready to Debut

Blain — Thu, 17 May 2012 22:05:32 +0000

The NASDAQ suffered its second largest loss of the year today and once again there was heavy volume distribution. That marks 6 of the last 11 sessions.

I feel like I am beating a dead horse, but the caution flags were waiving throughout April to take a defensive stance, raise stops, get into cash, and join the sidelines. I can only imagine the psychological warfare of, "the market will bottom soon, we will bounce back" throughout May. We've all been there, and it sucks.

As far as where we will bottom, no one knows. All we can do as investors is continue to note possible support areas, maintain a strong watch list, and sit in cash until the market regains its composure.

On a lighter note, tomorrow Facebook (FB) stock debuts, with reports showing the final tally as 421 Million shares at $38 a piece. I will not be trading the stock but I do have it pre-loaded into my TD Ameritrade thinkorswim screen and am eager to watch the intraday action.

As usual there will be no recap tomorrow as it is a Friday, so stay frosty (sharp) out there and have a fantastic weekend!

Original post: Market Recap - Stocks Tank, Facebook (FB) Ready to Debut

Market Recap - Apple Falls under $550, Natural Gas Shines

Blain — Wed, 16 May 2012 22:10:21 +0000

Another heavy volume distribution day, this time thanks to the Fed minutes. From IBD, "The Fed minutes indicated little change in policymakers' assessments of the U.S. economic outlook, but also contained cautionary language about the so-called 'fiscal cliff' facing the U.S. at year's end."

StockCharts.com today noted that defensive sectors are holding up best. Also, Bespoke shared a great overview of all commodities, citing how every one is oversold but natural gas, which is featured here tonight.

Stay frosty out there and I will see you back here tomorrow!

Original post: Market Recap - Apple Falls under $550, Natural Gas Shines

Market Recap - Fresh Looks and Strength in Amazon (AMZN)

Blain — Tue, 15 May 2012 21:12:43 +0000

Europe was once again in focus today, Greece specifically, dragging down the market late afternoon. The theme here at STTG the last month has been all about raising cash and maintaining a cautious outlook. This mindset will remain until Europe can either band-aid itself for another 6+ months or the US gets more stimulus.

As far as looking forward, maintaining a list of stocks holding up despite the market weakness is very important as these could easily be leaders should the market turn around. Tonight I have included a chart of Amazon (AMZN) from my MarketSmith account which is one stock on my personal watch list, as an example.

Original post: Market Recap - Fresh Looks and Strength in Amazon (AMZN)

Market Recap - Market Slips to Key Support, Gold Update

Blain — Tue, 15 May 2012 03:36:45 +0000

The rest of the world is once again in focus and causing a ripple effect here in the US markets. From today's Reuters market recap, "Stocks fell on Monday as investors dealt with the one-two punch of worsening political upheaval in the euro zone and the possibility that China's economy may be softening more than previously thought."

Cash remains king.

Original post: Market Recap - Market Slips to Key Support, Gold Update