19 notes &
Two hours left in the trading day and everything has gone pear-shaped. I’m sticking with what I just bought and am playing for a bounce. It doesn’t look like we’re going to close above the March lows; a very bearish sign. Act accordingly given your risk tolerance.
-The Daily Trade
http://www.thedailytrade.com/disclaimer
20 notes &
Down another 155 points to start the day for the Dow, no time for panic yet (key word “yet”). Buy when others are fearful. The “buys” from yesterday are still buys. Keep close eye on the posts here at The Daily Trade though as it can go dark quickly.
-The Daily Trade
22 notes &
Fellow traders…..we did very well with the July 27th post suggesting selling everything and getting defensive. Now its time to do some buying. No charts to put up today since time is of the essence. If there’s one in particular you’d like to see, send me a message and I’ll post it. The following buys are:
WM $30.50
STX $12.80
ITT $50.63
CHRW $70.83
GLW $15.25
BRCM $36.00-The Daily Trade
20 notes &
Selling everything today and getting very defensive
-The Daily Trade
http://www.thedailytrade.com/disclaimer
34 notes &
Titanium Metals (TIE) $18.99
BUY.
(click on the chart for a larger view)
32 notes &
Las Vegas Sands (LVS) $46.04
BUY.
(click on the chart for a larger view)
29 notes &
Threshold Pharma (THLD) which was posted here on July 15th is getting a bid on decent volume today. Looking for it to hold above $2.20.
-The Daily Trade
http://www.thedailytrade.com/disclaimer
28 notes &
Plains Exploration and Production (PXP) $38.94
BUY.
(click on the chart for a larger view)
21 notes &
Molycorp Inc (MCP) which was posted here on July 7th has not been a good investment. I’m somewhat more comfortable holding here because the volume has been so light as it’s pulled back. For now its a hold but the finger is on the trigger.
-The Daily Trade
http://www.thedailytrade.com/disclaimer
17 notes &
Qualcomm Inc. (QCOM) $54.95
BUY.
Looks interesting here and all signs point to good earnings this quarter which are set to be released on Wednesday.
(click on the chart for a larger view)
23 notes &
Threshold Pharmaceuticals (THLD) $2.01
BUY.
I don’t like recommending Pharma stocks. When things go bad they usually go bad quickly especially the small cap companies like Threshold so keep that in mind. I can’t deny the positive set-up in this chart and therefore it made the cut. Not for the risk adverse.
(click on the chart for a larger view)
23 notes &
ValueClick Inc. (VCLK) $18.05
BUY.
Chart looks interesting here and VCLK should follow Google with a good quarterly report.
(click on the chart for a larger view)
30 notes &
The Market seems very uneasy here. Take caution.
-The Daily Trade
http://www.thedailytrade.com/disclaimer
23 notes &
Toyota Motors (TM) $84.68
BUY.
(click on the chart for a larger view)
27 notes &
Syneron Medical Ltd. $12.17
BUY.
Taking a bit of a flier here. Chart and technicals look decent. I was swayed by the fact that Seth Klarman of the Baupost Group just doubled his position and now owns 11% of the company. Could be volatile.
(click on the chart for a larger view)
