Thursday, December 6, 2012

3 Bases To Watch

Two stocks worth watching for breakouts.... market conditions pending of course.

Nice base building on this IPO, looks prime to breakout above 24.

Long consolidation, tight squeeze on the B-bands. This could be explosive to the upside. Watch this one.
ZNGA has been beaten to a pulp and is forming a nice base.

Monday, December 3, 2012

Cable or Satellite? Using EPS Growth to Help Decide

Great run, but recently has been closing below the 50ma... warning? Looking for a close above the 50ma before considering an entry.
EPS Growth looks very strong

Great uptrend. Volume starting to taper a bit, could be taking a rest. Overall looking very strong with very little overhead resistance.

Strong EPS growth and strong future growth.

Satellite - DISH vs DTV

Nice breakout after congestion and a restest of that breakout. Look for it to hold above the breakout line.
EPS growth expected to double next year.

Consolidating along the 200ma. Stock is printing lower highs so need to look for it to hold above 200ma to consider entry.

Great Q to Q EPS growth. Sales eh.
From a chart perspective $CMCSA and $DISH have the best charts. They have the least overhead resistance.

They both have strong EPS growth and future EPS growth. Which one has the strongest growth potential? 

My call for satellite is DISH, with  the AMC dispute behind them, they have 53% growth for the year and 50% forecasted for next year. I'm looking for it to hold above consolidation. DISH looks poised to move higher after this consolidation. As always market conditions will prevail and may offer this at a discount.

My call for cable COMCAST. Steady growth, future growth and a steady climbing chart. Time Warner has the LA sports market but Comcast has NBC universal for even bigger growth in my opinion.

Final consideration, overall cable has out performed satellite over the year:
Both cable and satellite stocks are strong why not have a piece of both? Just know how to pick the strongest.

Sunday, December 2, 2012

15 Trade Ideas

LONG: Starbucks looking poised for higher prices after a breakout. 
LONG: Eyeing the $10 level poised for a breakout.

SHORT: Breakdown after consolidation below the 200ma. Looks to head lower.

LONG: Consolidating  and looking poised to breakout and move higher. 
LONG: Looking poised to move higher if it can jump over the 50ma 
LONG: Nice breakout, look to buy on a retest of the 50ma 
LONG: Look to get long on a pullback. Over bought at the moment 
LONG: Looking poised for a breakout and a move higher, watch $USO alignment.

LONG: Look to buy on a breakout above resistance. 
LONG: Look to buy on a further pullback, overall looking powerful as ever. 
LONG: Breakout after small consolidation. Look to see higher price movement into the holidays.

LONG: Look to see some buying at this level if it holds support.

LONG: Looks to be stabilizing and potentially moving higher. Weekly consolidation is looking promising,
LONG: Middle of this range, Seeing a bit of upside here.. see $BAC 
SHORT: Weekly looking dim, I'm looking to short this on further downside.