Watchlist - 04/04/2018

Selecting Stocks and Analysis

The overall market has been getting hit pretty hard thanks to some news about tariffs / trade war. There have been a few volatile stocks getting halted but otherwise I haven’t seen anything particularly easy to trade recently.

$SPY is climbing in premarket but it kind of did that yesterday then tanked.


$AMD

Getting hit really hard and even cracked support of $9.70 on Monday. I’m planning to build up a ~400 share position as it goes lower. I feel this dip is a bit extreme and the prices are too low to pass up. This price region is around where my last add was in OptionsHouse a year+ ago. I’m planning for it to be a longer term position but since I’m using IB I can slowly add without getting destroyed by commissions.

Float: 962.89M
Short: 18.08%

$TVIX

As the market gets weaker the VIX ends up spiking. If the $SPY cracks $252.90 there should be tons of volatility.

$CASI

Earnings. It looks like it’s above all resistance levels from the past year. This stock has done splits before so it’s not that great.

Possible support at $5.35 / $5.80 / $6.30. I’ll watch it for a huge morning panic.

Float: 32.11M
Short: 4.06%

$PTI

Fast track designation. Seems like most gap ups tend to fail.

Float: 27.88M
Short: 11.44%

$SSC

Earnings. I was watching this one yesterday and it was an extremely slow grind to break over $3.00 then exploded 25c. This is a Chinese company so I’m not sure how the tariffs will affect it if at all.

Float: 24.00M
Short: 3.69%

Watchlist Review

I basically caught the exact bottom on $AMD at $9.05. Unfortunately, I sold it way too soon since it looked like it was going to roll over with the $SPY and I wanted to re-enter even lower. I should have just held it and added lower which is what my plan was. If it had outright tanked I wouldn’t have sold but instead it spiked a little then got choppy. I didn’t want to have a winner turn into a loser.

I tried not to watch it but that’s pretty difficult. At least I now have the experience.

$AMD 1 minute candles



Disclaimer

I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.

Watchlist - 03/16/2018

Selecting Stocks and Analysis


$ECYT

Seems like every day it ends up doing something interesting. Support at $9.90.

Float: 61.91M
Short: 3.07%

$DXR

Possible continuation. Yesterday it had terrible spreads so I avoided it even when paper trading.

Float: 0.74M
Short: 0.01%

$KBSF

Halted serveral times yesterday around noon. This one has gone supernova in the past. It closed way off the intraday highs.

Float: 0.66M
Short: 1.73%

$SEED

Recent sympathy play for $RKDA but now has blockchain news. Resistance at $1.45 and support at $1.00.

Float: 16.34M
Short: 3.07%

$ZSAN

Starting to run in premarket. Maybe if there’s a huge panic or a decent setup after the open I’ll trade it.

Float: 1.74M
Short: 19.93%

$KCPC

Watching for a morning panic to dip buy.

Watchlist Review

Nothing really that easy to trade except $AMTX. I tried buying $ZSAN over premarket highs but it sold off before I could do anything. I’m going to stay away from that strategy unless it’s a lower priced stock.

My algo made a few bad trades but really nailed $KODK. Still needs tweaking.



Disclaimer

I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.

Watchlist - 03/15/2018

Selecting Stocks and Analysis


$PTI

Big after hours spike. Possible support at $7.80.

Float: 27.88M
Short: 3.27%

$YTEN

Possible sympathy play for $RKDA. Support at $2.50.

Float: 6.63M
Short: 11.93%

$DXR

Extreme low float. Support at $6.80 / $6.50. Really choppy so it could be difficult.

Float: 0.74M
Short: 0.01%

$KCPC

OTC stock.

Watchlist Review

I traded pretty well today. Made a few cents/share on $XNET, $SMRT, $ECYT, and chased $KCPC a little after Tim alerted it. Overall profitable even though my algorithm made a few bad trades.

I made some dumb trades later on and I think it’s because of the time of day. If I trade past 10:30 or 11:00 I end up making silly trades that usually never work or I get faked out. Have to stick to earlier in the day to stay consistent.



Disclaimer

I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.

Watchlist - 03/14/2018

Selecting Stocks and Analysis


$ECYT

Still holding up really well.

Float: 61.91M
Short: 3.07%

$RFIL

Earnings. Long term chart is pretty bad. Will probably avoid because it’s 5c tick.

Float: 7.32M
Short: 0.20%

$RKDA

Up a ton once again. If the float is accurate it’s unbelievably tiny. Multiday breakout over $18.88. Feels really extended still.

Float: 0.49M
Short: 7.61%

$PTI

Gapping up a little during premarket.

Float: 27.88M
Short: 3.27%

Watchlist Review

Nothing that great today unless you managed to catch the morning spike on $PTI. I made a few paper trades but most of them were small losses. $SNDX had a nice breakout over $12.49 which I bought and made a few cents/share.

My algorithm made one trade on $ECYT but the stop was too tight (2c stop) so it sold early. Either way it wasn’t really a great trade.



Disclaimer

I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.

Watchlist - 03/13/2018

Selecting Stocks and Analysis


$MARA

Uptrended all day yesterday. I traded it before in the $6 price range when it was really crazy. It’s a lot lower now so it shouldn’t be as bad. Could have support around $2.10.

Float: 10.13M
Short: 22.19%

$NETE

This stock has been on fire last few days. Starting to get a bit extended I feel.

Float: 2.71M
Short: 15.62%

$ZYNE

Earnings. Random midday spike at 1:00 PM. Could have support around $10.00.

Float: 10.75M
Short: 20.05%

$ECYT

Rebounded quite a lot yesterday. Support at ~$8.50.

Earnings, closing of public offering, conference presentation.

Float: 61.91M
Short: 3.07%

$SPEX

Terrible long term chart.

Float: 6.14M
Short: 7.95%

$PTI

Huge gap up after hours on FDA news. Seems like the only way to trade biotechs is to short them during premarket.

Float: 27.88M
Short: 3.27%

Watchlist Review

My algorithm bought $ECYT around 9:55 AM and hit a nice 35c move. I was seriously impressed by that since the chart looked like it was not doing anything. It made a few crappy trades after that on $AMD/$GE and something else. Needs a bit more refinement.

I feel like I’m actually learning something when I paper trade now.



Disclaimer

I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.

Watchlist - 03/12/2018

Selecting Stocks and Analysis

I’m really happy with the paper trades I did on Friday. I ended up being green even after testing my algorithm and making a few trades.


$NETE

Float: 2.71M
Short: 15.01%

$EGLT

Lower priced. Earnings. If it holds up premarket I’ll wait for a big panic to dip buy.

Float: 44.67M
Short: 19.86%

$ZSAN

Grindy downtrend all day on Friday. Not a fan of this price range when it’s also super volatile. I’ll see if sets up.

Shares outstanding: 1.42M

$LTBR

Has had huge runs in the past but never holds them.

Float: 15.22M
Short: 8.17%

$TNTR

Traded like an OTC on Friday but is an NYSE stock.

Shares outstanding: 24.63M

Watchlist Review

Not as crazy as Friday but good plays are finally coming back.

$ECYT had another awesome run. It dumped right after Tim sold then bounced back strong. My algo traded it but it bought too late so I think I need to tweak it a bit.

$ZSAN and $NETE had a nice bounces but were a bit choppy.

I chased $SRAX while paper trading to see if I could hit a decent move. By the time I got the alert it was a minute or two after Tim bought. Just proves it’s not possible to follow alerts.

I traded $TNTR near the open since it looked like it was going to bounce. I made a few cents/share on it. Later my algo traded it and made 30c/share. When it’s right it makes some decent gains. Needs some tweaking and lots more testing.



Disclaimer

I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.

Watchlist - 03/09/2018

Selecting Stocks and Analysis

Once again I won’t be trading with real money. Luckily futures trade almost 24/7 so I have that to work with when the normal market is closed.


$JAGX

Lower priced stock that had a nice high of day break at ~10:35 AM. I traded this one in 2016 using Robinhood when it was around $1.50.

Looks to have support at 0.285c.

Float: 56.88M
Short: 8.83%

$NETE

Huge spike into the close yesterday. Could have support at $8.95.

Float: 2.71M
Short: 15.01%

$ZSAN

Starting to get a bit extended now. I’d only consider it if it had a massive panic near the open.

Shares outstanding: 1.42M

$TTOO

Close to a breakout over $6.58. Has room up to $7.00.

Float: 29.24M
Short: 3.14%

Watchlist Review

Paper traded a few stocks today. Funnily enough my algo traded the exact same setup 5 seconds after I got into $NETE on my own. It worked out but didn’t take profit fast enough.

$JAGX didn’t do too much.

$NETE had a small spike and faded. I jumped in after it got over VWAP.

$ZSAN was pretty volatile but too high priced so I mostly ignored it.

$TTOO broke out immediately so I got in but it failed pretty quickly. Too illiquid with large spreads so I should have avoided it.



Disclaimer

I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.

Watchlist - 03/08/2018

Selecting Stocks and Analysis

I skipped yesterday since I would have been too tired. I won’t be trading with real money today because I want to test a simple trading algorithm I wrote using the IB API.


$PIXY

Big up day on blockchain news. Should have resistance at $6.15 if it can get that high. Very low float.

Float: 3.45M
Short: 4.43%

$ZSAN

I don’t see any significant overhead resistance. The volume the past few days has been way higher than the previous tops. Support at $13.40 and $12.85.

Shares outstanding: 1.42M

$HTGM

Earnings. Support at $5.00 and $4.70. Resistance at $5.50 and $5.75.

Float: 11.15M
Short: 19.83%

$NETE

Board of directors news. I paper traded it during premarket and made a few dollars after I saw the ABCD pattern + volume.

Float: 2.71M
Short: 15.01%

Watchlist Review

Nothing too crazy after the open. $ZSAN had another run. Everything else kind of faded if it managed to spike.



Disclaimer

I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.

Watchlist - 03/06/2018

Selecting Stocks and Analysis

I took all of last week off so I could finish “Trading in the Zone” by Mark Douglas. I found it to be extremely helpful. You can find the audiobook on YouTube for free.

I don’t think I missed too much besides $CRON and $INNT. Crypto has been sideways for about a week now. Will dip buy LTC at $110.


$INNT

Not any recent news. Support at $15.90 and $12.60. This will be the third up day if it manages to spike.

$CRON

A little choppy. Support at $9.70, $9.45, and $9.25. Pretty sure the only news is it being the first pot stock on the NASDAQ plus a ticker change from $PRMCF.

$VCEL

Earnings. Could have support at $11.45, $10.75, $10.20, and $9.85. Long term chart is bad but the yearly isn’t.

Float: 31.82M
Short: 3.51%

$NIHD

Starting to curl back up. Long term chart is horrible. $1.56 is a multiday breakout. $1.64 could act as resistance.

Float: 79.19M
Short: 3.97%

$CNAT

Breakout over $7.05. If it breaks that it has room up to $9. It could be a decent short though since it got close to $7 yesterday and failed. This would also be the third green day.

Float: 28.98M
Short: 4.61%

Watchlist Review

Most of my stocks had huge spreads so there was no way to buy them. $SPY is all over the place this morning. Dump to close, spike, another dump cracking the close, trying to spike again.

$VCEL dropped to support then spiked randomly due to algos. So hard for me to buy 5c tick stocks.

$CRON was a decent dip buy once I saw a huge 480+ buyer at $10.00. I was too slow and it spiked before I could make a decision.

$ARWR pulled back to VWAP. I was thinking risk down to $7.50 but it looked like it was about to roll over again.

$INNT had massive spreads so it was untradable. It ended up getting halted while spiking from $13.50 to $17.00. Just crazy if you can get on the right side of it.

$ACBFF ran a bit. I don’t see any company specific news (just some news about spending on legal cannabis projected to increase). Could be running in sympathy to $CRON as well. I’ll watch it tomorrow for a dip buy.



Disclaimer

I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.

Watchlist - 02/23/2018

Selecting Stocks and Analysis

Third red day for the $SPY. A base may be forming around $270. Seeing quite a few stocks up today.

LTC is back over $200. Most cryptos appear to be up in the last 24 hours.


$CECO

Earnings. Support at $13.20. Multiday breakout over $13.92 and that’s also the 52w high.

Float: 64.58M
Short: 1.95%

$AGEN

Rejected off $5.00 yesterday. I’m guessing that I didn’t notice how close it was to $5.04 because of the way the charts work. It looks so far away even though it’s a few pennies. I should have shorted there risking a 5.04 break. Simple!

Float: 77.38M
Short: 11.70%

$IMMR

Earnings. Resistance at $11.85 / $12.00.

Float: 27.08M
Short: 12.77%

$AKER

Over 0.63 / 0.64 is a breakout. No news.

Float: 53.87M
Short: 17.24%

$POTN

Big spike yesterday. I’ll look for a panic to dip buy.

PotNetwork Holding, Inc. (OTC Pink: POTN) announced today it’s wholly owned subsidiary, Diamond CBD, Inc. , has reported that the Company has generated over 3 quarters of a million dollars, just within the first 10 days of February.

$AMD

Kind of want to get in around $11.65 and ride it back to ~$12.00.

Float: 958.19M
Short: 17.18%

Watchlist Review

Nothing that great once again.

$CECO was sideways and didn’t do anything.

$POTN had a nice panic and I put an order out but it spiked before I could get filled. It ended up being pretty choppy.

$AGEN was getting close to $5.04 again and kept holding up really well so I didn’t short it. I’ll probably just avoid it since the moves it makes are slow and grindy plus it doesn’t have that much volume now. Looks like just algos are trading it.

$MOMO was decent on the pullback to $33.75 but it’s higher priced so it wasn’t really on my radar.



Disclaimer

I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.