Here are some of the stocks that showed up on my buy scan. We may have seen the low but it is possible that we see one more sell-off to wash the weak hands. Currently I am doing intraday trades  from the long side only. If S&P closes below 800, I'll stay on the sidelines.

If the market goes up from here these stocks should easily double. The holding period is at least 1 year (if profitable). Put these stocks on your watch list and when you see a pattern as described on the follwing link, you can buy. ALWAYS use stop losses. Stops should be somewhere between the low of the cup and low of the handle. This pattern is described in detail in William O Neil's book, "How to make money in stocks". You can probably get it from your local library or buy one...it is worth the money. If you are patient and wait for the right time you should do pretty good at the end.

If you find other stocks that have a similar pattern, please post it here.

http://www.chartpattern.com/cup_handle.html

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_cont

I won't have time to post everyday but will try to answer any questions on weekends.

Thanks for all the emails.

Happy Investing.

Scroll down for the list. Not sure why there is such a huge blank space.

Rank	Symbol	Company Name	Last Price
1	GHM	Graham Corp	12.98
2	AAPL	Apple Inc	123.9
3	ANR	Alpha Natural Resources Inc	19.7
4	GOOG	Google Inc	389.49
5	HXM	Desarrollaxdora Homex DR	21.86
6	HP	Helmerich & Payne Inc	32.76
7	NOV	National Oilwell Varco Inc	31.5
8	PCLN	Priceline.Com Inc	96.16
9	HANS	Hansen Natural Corp	39.89
10	NBL	Noble Energy Inc	60.69
11	CMI	Cummins Inc	33.38
12	DRQ	Dril-Quip Inc	34.1
13	BWLD	Buffalo Wild Wings Inc	41.84
14	SPAR	Spartan Motors Inc	6.93
15	HITT	Hittite Microwave Corp	37.07
16	VSEA	Varian Semiconductor Equipment Associates Inc	23.91
17	AMX	America Movil ADR Rep 20 Series L Ord Shs	33
18	ENG	ENGlobal Corp	6.19
19	MT	ArcelorMittal ADR	27.23
20	AMTD	TD Ameritrade Holding Corp	16
21	DNR	Denbury Resources Inc	16.48
22	OII	Oceaneering International Inc	43.94
23	DLB	Dolby Laboratories Inc	36.81
24	TNB	Thomas & Betts Corp	28.01
25	SNDA	Shanda Interactive Entertainment Ltd	48.03
26	SOHU	Sohu.com Inc	52.43
27	WAB	Wabtec Corp	38.12
28	GCO	Genesco Inc	21.76
29	FTI	FMC Technologies Inc	36.13
30	VMI	Valmont Industries Inc	62.2
31	NTES	Netease.com Inc	30.91
32	AIT	Applied Industrial Technologies Inc	22.09
33	WBD	Wimm-Bill-Dann OAO	44.31
34	WDC	Western Digital Corp	21.16
35	MCRS	Micros Systems Inc	20.61
36	CERN	Cerner Corp	47.42
37	GYMB	Gymboree Corp	33.43
38	RSTI	Rofin-Sinar Technologies Inc	19.29
39	BRY	Berry Petroleum Co	16.92
40	CNQ	Canadian Natural Resources Ltd	48.94
41	WIT	Wipro Ltd	9.12
42	CHRW	CH Robinson Worldwide Inc	53.35
43	BMI	Badger Meter Inc	37.69
44	CEO	CNOOC ADR representing 100 Class H Shares	115.55
45	BKE	Buckle Inc	35.2
46	LNN	Lindsay Corp	38.32
47	DAR	Darling International Inc	6.08
48	CTRN	Citi Trends Inc	23.77
49	MCHP	Microchip Technology Inc	22.25
50	SNX	SYNNEX Corp	19.39
51	ARO	Aeropostale Inc	32.89
52	TRAD	TradeStation Group Inc	7.79
53	SCHW	Charles Schwab Corp	17.84
54	NKE	NIKE Inc	54.73

Thanks emini for your response..I am expecting a  nice return on Feed..On a related note I bought APP @ 3.79 a week ago but this stock is not finding direction even on this bullish trend..any thought on APP?

Thanks

 

What is the good website for stock trades ? What is the amount required to invest in to it. Is it OK to start with 1 or 2 K.

Riten,
200 day Moving Average is the mean closing price of the 200 most recent days for the stock. It's used a fair bit in chart analysis.
Read more about it here:
http://www.tradingmarkets.com/.site/stocks/commentary/editorial/200-day-moving-average.cfm

Emini,
Regarding FEED, I think there is very small chance it will actually hit 12 in a few weeks. I think there would be major resistance at 8.00. I put down the weekly chart and it shows that 100 MA combined with the pivot low from Feb last year should provide major major resistance at 8.
I will watch the fall back from 8 very carefully and might buy it if I think it is oversold.
If 8 doesn't provide resistance, and the stock closes on the weekly above 8, then I am  in FEED.
Also, note on the weekly we haven't seen a recent red candle in 8 weeks. FEED is overbought in my opinion.





Peace,
FF

Anthony

Congrats to both of us and FF.....

I am still holding HEB, thinking of dumping it tomorrow afternoon.

But CTIC is really disappointing. I don't think it's gonna explode soon. So I am thinking of dumping it too.

My next pick for 1 month hold is MEXP.

NJ

Hi

My first stock purchase ANPI got 1000 shares at $1.89, since then its falling everyday. Should I continue to hold it. or sell it. Please suggest. I hear its going down to pennies soon.

Thanks guys.

I don't think it's a good idea to hold ANPI. When did you buy this???
If you have bought it before FDA approval, you missed the boat on 5/28.
I don't see any chances of rebound.

its too bad ....invest somewhere
INSV can have the day

Dukulanthe,

ANPI is great Bio tech but its done for now..unless u want to hold it for 6 month ..its worth it...get into GNTA if u wanna make some money quick...I loaded up BDSI ..its around $5 bucks but its worth it now..

NJ,

i'm gonna reevaluate CTIC tomorrow..btw i think JASO & ZQK is doing so great.. i added more today...Im gonna hold HEB cauz i know they are playing political game with this stock and I bet the 2 weeks additional time is because of this ..I'm riding my free money on this cauz i have already taken out my principle...i don't blame u for taking some profit....still hold 3K shares ..if this to get approved, I'm applying to NYU for my MBA lol..good luck man..

Bought INSV at 0.43 now 0.56 should i hold
anybody bought insv

Dumped 1K ANPI at 2.15 today.  Pheewww.

You think HEB will still go up from this. Glad that at least one of my stock is doing well. Any opinions?

I'm losing money in all my stock except for microsoft.

C is going down,I don't want to sell it at lose hoing it will bounce back.

I don't know about LCAV.........I bought it but I'm losing money on it too ;-)

 

 

Sorry for typo.

C is going down.I'm not selling right now at loss hoping that it will bounce back...........keeping my fingers crossed.

;-(

Guys, The lesson that I learned is that we should not be waching the hourly or daily prices and do the trading decision. This way we may  up losing money. We should allow sometime for the stocks to take their course.

I started trading a month back. I purchased shares based on the recommendation on this string. I was happy that it went up pretty quickly in the first week. Then it started to go down during the next two weeks and I could not hold back and sold shares at minimal or no profit. Had I waited for couple more weeks (like as of today) I would end up making a lot of money then I made now. I had GLNG, MTL, FEED; they pretty much doubled over a month period especially MTL and FEED.

Therefore, do not panic and do not do trade decision on a hourly or daily movements. See the patterns at least for two weeks. As Eminitrader said, you should not be selling stocks to soon unless you earn your living on this. I am now targeting al least of a month or two month hold.

purush,
There is no hard and fast rule for stock. Try to improvise ur situation according to the market. Take other people recommendation but folllow ur instinct. do ur own research.

Dukulanthe,

I bought those shares when they were dirt cheap and still holding until tomorrow morning. I look forward to price going up after hours.....You should have waited a lil longer. Very risky like playing poker but specially after couple of good news for small company like ANPI, I suspect it to gain some muscles once dusk settles down.

GoodLuck trading everybody, bought REXX at 7.02...looking for some bump tomorrow and get rid of it.

What do you guys think about ABAT at 3.62

Just pointing out to people who are holding onto FEED, I had said there is huge resistance at 8. Look what happened today, FEED hit 7.92 and it closed negative, down to 7.12 with a huge sell off in the last hour. I would be hesitant to buy FEED right now. 8 is the great wall of china. If you have made some profit, it's still a good place to cash in some of that money.

Two stocks I am still holding:
REXX,
I bought it at 7.00 and 7.10. I am still holding it. I believe 7.00 has shown good support. The market is being propped up so I am not worried for being long in the short term.

FAS,
Still holding 1/3 position on FAS. Bought it at 10.30. It closed at 9.68 today. I will be out of it if it goes below 9.


Peace,
FF

Purush,

You are right on your observation. It is necessary to be patient and disciplined in order to succeed in the market, similar to any other profession. When the market is trending up, if you are patient and buy stocks as they are breaking out and hold it for a while you'll do good. As you might have noticed that I recommended SNS, SMSI and RGR few weeks ago. I should have waited for a pullback on SNS and RGR but I did not. I exited out of RGR at break-even and took a loss on SNS. SMSI had the perfect set-up and it is doing good so far.

Get the book "How I made 2 Million in Stock market" and try to understand what he is trying to tell.

FF,

I think 8 is a minor resistance and 12 is a major resistance......I guess we'll find out.