Sunday, July 31, 2005
Saturday, July 30, 2005
GRU moving from AMEX to Nasdaq
Gurunet, Corp. will be moving from the AMEX to the Nasdaq this Tuesday Aug 2nd and will trade as Answers Corp. with the symbol ANSW.
The Moving Average Histogram
Here's a novel way of using the moving average convergence/divergence (MACD) histogram to generate buy and sell signals for stock and mutual fund traders. Not only that, included is a simple means of analyzing risk-adjusted trading system performance.
The moving average convergence/divergence indicator, developed by Gerald Appel, is constructed by taking the difference of two moving averages of the closing price -- one short, one long. This difference is smoothed with a moving average, and a comparison is made between the difference and its own moving average. For example, first subtract the 26-period moving average from a 12-period moving average to generate the indicator, which can be plotted as a line. A rising MACD line tells us that the momentum of the market is rising, since the "faster," shorter moving average is rising more quickly than the "slower," longer moving average.
The Moving Average Histogram
The moving average convergence/divergence indicator, developed by Gerald Appel, is constructed by taking the difference of two moving averages of the closing price -- one short, one long. This difference is smoothed with a moving average, and a comparison is made between the difference and its own moving average. For example, first subtract the 26-period moving average from a 12-period moving average to generate the indicator, which can be plotted as a line. A rising MACD line tells us that the momentum of the market is rising, since the "faster," shorter moving average is rising more quickly than the "slower," longer moving average.
The Moving Average Histogram
Friday, July 29, 2005
SWSI
Superior Well Services Inc. is rippin this morning so keep this stock on your trading radar.
Budd Foxx
Budd Foxx
CHCI
Comstock Homebuilding Cos. Inc. is acting well today again with some big numbers coming out of the homebuilders yesterday, this stock is acting well so keep it on your radar.
Budd Foxx
Budd Foxx
BUCY
BucyRus International Inc. is acting well in early trading so keep this stock on the radar.
Budd Foxx
Budd Foxx
KOMG
Komag Corp. has agood looking chart and has been trading up on good volume so keep this stock on the radar.
Budd Foxx
Budd Foxx
STEM CELLS
Senator Frisk has come out and announced he is in favor of funding Stem Cell Study. Stem Cell stocks like to move on news like this so keep them on the radar.
Budd Foxx
Budd Foxx
Closed Above the 200 dma Today
Moving averages quickly show whether a stock is trending higher or lower. This screen finds stocks that closed above their 200-day moving average in the most recent session -- a bullish sign.
Thursday, July 28, 2005
DCEL
Dobson Communications Corp. is closing strong so keep this stock on the trading radar.
Budd Foxx
Budd Foxx
JOYG
Joy Global Inc. is acting well today and is in blue skies territory so keep it on your radar.
Budd Foxx
Budd Foxx
BEXP
Brigham Exploration Co. has taken off today on high volume, and if the stock closes strong could be a momentum play so keep it on your radar.
Budd Foxx
Budd Foxx
NUVA
NuVasive Inc. is seeing some action today, and is scheduled to release earnings after the bell today so keep this stock on your trading radar.
Budd Foxx
Budd Foxx
NANX
Nanophase Technologies Corp has a good tone a nice looking chart so keep it on the trading radar for a possible swing setup.
CY
Cypress Semiconductor has a decent tone today so keep it on the radar for a possible swing trade.
CCI
Crown Castle Intl. Corp. has a good tone to it in early trading so keep it on your radar.
Budd Foxx
Budd Foxx
Wednesday, July 27, 2005
NUVA
NuVasive Inc. is acting well today action is picking up a bit this afternoon so keep this stock on your radar.
Budd Foxx
Budd Foxx
TZIX
TriZetto Group Inc. has broken out on big volume today as well if the stock closes strong it could be a momentum play for tomorrow.
Budd Foxx
Budd Foxx
COVD
Covad Communications will be trading on the AMEX starting tomorrow. The stock is acting well today on big volume so keep this stock on your trading radar.
Budd Foxx
Budd Foxx
ARRS
Arris Group Inc. has a good looking chart and the stock has been acting well. If you look at a daily chart you will see the MACD looks bullish so keep this stock on your radar.
Budd Foxx
Budd Foxx
FOXH
FoxHollow Technologies Inc. is seeing some action today the company will report earnings after the bell tonight so keep this stock on your radar.
Budd Foxx
Budd Foxx
QTWW
Quantum Fuel Systems has acted well the past couple of trading days so keep this stock on the radar.
Budd Foxx
Budd Foxx
SCON
Superconductor Techn. has been acting well lately, and is trading up again today so keep this stock on your radar.
Budd Foxx
Budd Foxx
SIRF
Sirf Technology Holdings Inc. is rippin higher today so put this stock on the trading radar.
Budd Foxx
Budd Foxx
RCRC
RC2 Corp. is rippin in early trading this morning so put this stock on your trading radar.
Budd Foxx
Budd Foxx
ENER
Energy Conversion Devices Inc. is acting well in early trading so keep it on your trading radar.
Budd Foxx
Budd Foxx
CREE
Cree Inc. once again this stock is acting well in early trading so keep it on the radar.
Budd Foxx
Budd Foxx
ZRAN
Zoran Corp. has a good looking chart and the stock is trading up in pre-market. This stock traded up on good volume yesterday so keep this stock on your radar.
Budd Foxx
Budd Foxx
Tuesday, July 26, 2005
CCI
Crown Castle Intl. Corp is acting well today so keep this stock on your radar this afternoon.
Budd Foxx
Budd Foxx
NUVA
NUVasive Inc is acting well today and has a good looking chart so keep this stock on your trading radar.
Budd Foxx
Budd Foxx
CWP
Cable & Wireless PLC is acting well today on good volume so keep this stock on your radar.
Budd Foxx
Budd Foxx
ENER
Energy Conversion Devices Inc. seeing some action in early trading so keep it on your radar.
Budd Foxx
Budd Foxx
ASYS
Amtech Systems Inc. has been trading up on above average volume so keep this stock on your trading radar.
Budd Foxx
Budd Foxx
SCLN
Sciclone Pharmaceuticals Inc. has a good tone to it in early trading so keep this stock on your radar.
Budd Foxx
Budd Foxx
ECLP
Eclipsys Corp. is trading up nicely in pre-market trading due to the companies release of earnings so keep this stock on your radar.
Budd Foxx
Budd Foxx
Monday, July 25, 2005
ANX
Adventrx Pharmaceuticals Inc. has a good looking chart and if you look at the weekly chart the MACD is bullish. The stock has traded up the last couple of days on big volume so keep this stock on your radar.
Budd Foxx
Budd Foxx
MDII
MDI, Inc. was rippin in AH trading today and could be a momentum play for Tuesday so keep this stock on the trading radar.
KFX
KFX Inc. has a good tone to it today and is trading up so keep this stock on your radar.
Budd Foxx
Budd Foxx
AV
AVAYA Inc, is acting well today and is a possible reversal play here. Keep this stock on your radar.
Budd Foxx
Budd Foxx
CERS
Cerus Corp. has a good looking chart and the stock is trading up on above average volume so put this stock on your trading radar.
Budd Foxx
Budd Foxx
ENG
ENGlobal Corp. is another stock that has been acting well trading up on good volume today keep it on your radar.
Budd Foxx
Budd Foxx
SCLN
Sciclone Pharmaceuticals Inc. is acting well again today so keep this stock on your trading radar.
Budd Foxx
Budd Foxx
CREE
CREE Inc. seems to be heating up volume is picking up so keep this stock on your radar.
Budd Foxx
Budd Foxx
IPIX
Internet Pictures Inc. has been acting well past couple of trading days up on big volume so keep this stock on your radar.
Budd Foxx
Budd Foxx
LB
LaBarge Inc. has a good tone to it this morning trading up in early trading, keep this stock on your radar.
Budd Foxx
Budd Foxx
MDRX
All Scrips Heathcare Solutions Inc. has a good tone to it this morning so put it on your radar.
Budd Foxx
Budd Foxx
IVX
Ivax Corp. (IVX) a stock we have mentioned numerous times is reportedly in talks with Teva Pharmaceutical (TEVA). Early reports are that (TEVA) would pay nearly $7.5 billion for the company. So continue to keep IVX on your radar.
Budd Foxx
Budd Foxx
Sunday, July 24, 2005
Barchart Buy Signals
Here is a listing of stocks that barchart says are giving buy signals in their system.
Barchart Buy Signals
Barchart Buy Signals
PKE
Park Electrochemical Corp. has been acting well and has a good looking chart, possible swing trade here with PKE.
Budd Foxx
Budd Foxx
Trendlines
We classify trendlines as being either continuation patterns or reversal patterns. Small trendlines that form after a nice advance are continuation patterns that definitely have a bullish bias. Although the stock doesn't exactly fit the bullish flag, pennant, or wedge patterns, it still remains a strong stock in an uptrend that is temporarily “resting” before continuing its upward movement. These trendlines shall be played the same as the continuation patterns previously discussed. This is to say a volume surge is needed to confirm the breakout and the pricing action after the breakout should mirror the move into the pattern.
Trendlines
Trendlines
Saturday, July 23, 2005
PULLBACK DAY TRADING
A stock you follow takes off and trends sharply. But you miss your entry and watch in frustration as it clears one hurdle after another. Finally it stops and reverses. As it pulls back on your 5-min chart and Level II screen, you have to decide whether or not to join the action.
Predicting price movement when an intraday trend pulls back requires both skill and patience. Some corrections persist or roll over into ranges that empty trading accounts. But others quickly bounce and take off to new highs. How can you tell which outcome is more likely?
Predicting price movement when an intraday trend pulls back requires both skill and patience. Some corrections persist or roll over into ranges that empty trading accounts. But others quickly bounce and take off to new highs. How can you tell which outcome is more likely?
Friday, July 22, 2005
IIT
Indosat is acting well today keep this stock on your trading radar. Volume is picking up a bit above average.
Budd Foxx
Budd Foxx
INFA
Informatica Corp. is acting very well this afternoon the stock is trading up on big volume so keep this stock on your radar.
Budd Foxx
Budd Foxx
GEPT
Global E-Point Inc. reported yesterday the company has a new video surveillance system for mass transportation. Along with all the news in London the stock is trading up sharply in pre market trading so keep this stock on your radar.
Budd Foxx
Budd Foxx
Thursday, July 21, 2005
VDSI
Vasco Data Security Intl, Inc. has a good looking chart and has traded up the last couple of days on above average volume so keep this stock on your radar.
Budd Foxx
Budd Foxx
EYET
Eyetech Pharmaceuticals Inc. seems to be heating up this afternoon keep it on your radar.
Budd Foxx
Budd Foxx
DNDN
Dendreon Corp. is trading higher today on big volume put this stock on your trading radar.
Budd Foxx
Budd Foxx
FOXH
Fox Hollow Technologies Inc. is acting well this morning keep this stock on your radar.
Budd Foxx
Budd Foxx
CAAS
China Automotive Systems Inc stock is acting well this morning and volume is picking up so keep this stock on your radar.
Budd Foxx
Budd Foxx
ENER
Energy Conversion Devices Inc. once again this stock is acting well in early trading so keep it on your radar.
Budd Foxx
Budd Foxx
BREAKING NEWS
London has shut down it's subway system. This comes 2 weeks after the suicide bombings that took place. Reports are out that explosions have been reported.It is still very early and details are sketchy at best. Tony Blair will be speaking soon.
Budd Foxx
Budd Foxx
GTI and IDTI
GTI and IDTI look like reversal candidates so keep them on the radar if you like to play reversals.
Wednesday, July 20, 2005
BUCY
BucyRus International Inc. has a good tone to it today as volume has picked up this afternoon keep it on your radar.
Budd Foxx
Budd Foxx
ENER
Energy Conversion Devices Inc. is starting to heat up this afternoon keep it on your trading radar.
Budd Foxx
Budd Foxx
GMXRW
GMX Resources Inc. also has warrants available and are doing as well as the stock is so keep these on your radar as well.
Budd Foxx
Budd Foxx
ELTK
Eltek LTD. has a good tone to it today trading up on good volume so keep it on your radar.
Budd Foxx
Budd Foxx
GMXR
GMX Resources Inc. once again this stock is acting well in early trading so keep it on your radar.
Budd Foxx
Budd Foxx
DCEL
Dobson Communications Corp. very active in pre-market trading this morning currently trading up .70 cents keep it on your radar today.
Budd Foxx
Budd Foxx
Tuesday, July 19, 2005
TPX
Tempur-Pedic International Inc. traded up on good volume last couple of trading days and if you look at a daily chart the MACD looks bullish keep this stock on your trading radar.
Budd Foxx
Budd Foxx
ILMN
Illumina Inc. just went green we have mentioned this stock many times and it continues to act well so keep it on your radar.
Budd Foxx
Budd Foxx
CKCM
Click Commerce Inc. continues to act well and is trading up nicely this morning so keep this stock on your trading radar.
Budd Foxx
Budd Foxx
SPIR
Spire Corp. traded up yesterday and is acting well in the pre-market so keep this stock on your radar.
Budd Foxx
Budd Foxx
Monday, July 18, 2005
ELN
Elan Corp. acting well this afternoon making new highs on the day so keep it on your trading radar.
Budd Foxx
Budd Foxx
CKCM
Click Commerce Inc. sseing some action in this stock this afternoon keep it on your radar.
Budd Foxx
Budd Foxx
QLGC
QLogic Corp. has a good tone to it today and is acting well keep this stock on your radar.
Budd Foxx
Budd Foxx
KOSP
Kos Pharmaceutical Inc. making a nice move upward today keep this stock on your radar.
Budd Foxx
Budd Foxx
ESMC
Escalon Medical Corp. has a good tone to it once again this stock is trading up early in trading keep it on your radar.
Budd Foxx
Budd Foxx
VPHM
ViroPharma Inc. stock is trading up early in pre-market trading keep this stock on your radar.
Budd Foxx
Budd Foxx
Sunday, July 17, 2005
PTG
Paragon Technologies, Inc. the MACD looks bullish on a daily chart. This is a possible swing setup for Monday.
PTG CHART
PTG CHART
ORLY
O'Reilly Automotive Inc. has a good looking chart and with an upgrade in the auto and auto parts sector this past week this is a stock to keep on your radar.
Budd Foxx
Budd Foxx
BMRN
BioMarin Pharmaceutical Inc. traded up on big volume Friday, keep this stock on your trading radar could go higher.
Budd Foxx
Budd Foxx
Saturday, July 16, 2005
UNLOCK THE SECRETS OF THE TICKER TAPE
Many good traders lose money because of tape-reading incompetence. After all, the markets are little more than a set of numbers and their rate of change over time. Watching how these numbers interact offers traders a precise method for short-term prediction. It works because the flow of the tape reveals the crowd's intentions.
Technical analysis alone won't make you a profitable trader. You still need to learn the fine art of reading the tape. That could be a shock after all of the time you've spent studying the charts and probing the indicators. Of course you can continue to trade without the tape, but you do so at your own risk.
Technical analysis alone won't make you a profitable trader. You still need to learn the fine art of reading the tape. That could be a shock after all of the time you've spent studying the charts and probing the indicators. Of course you can continue to trade without the tape, but you do so at your own risk.
Friday, July 15, 2005
TSN
Tyson Foods Inc. is acting well today and is trading up on good volume so keep it on your watch list.
Budd Foxx
Budd Foxx
RISE & SHINE WITH THE MARKET
Traders have a tough time interpreting premarket news and the impact it will have on the upcoming session. But the process of digesting early morning data isn't as hard as you think.
Start with a filtering mechanism that organizes the news into natural categories. The primary focus must be on news that affects your open positions. Upgrades, downgrades and earnings reports trigger volatile spikes that hurl positions well above or below closing prices. Watch to see how other players are responding to these developments in the premarket.
Start with a filtering mechanism that organizes the news into natural categories. The primary focus must be on news that affects your open positions. Upgrades, downgrades and earnings reports trigger volatile spikes that hurl positions well above or below closing prices. Watch to see how other players are responding to these developments in the premarket.
Thursday, July 14, 2005
FOXH
Fox Hollow Technologies Inc.(FOXH) heating up towards the close,keep it on the radar for tomorrow if it closes strong.
Budd Foxx
Budd Foxx
Crude Oil
Crude pulling back below $58.00 per barrel. With the tropical system Emily making a turn, the fear of damage to the oil rigs has weaken.
Budd Foxx
Budd Foxx
BUCY
Bucyrus International Inc.(BUCY) seeing some action in this stock keep it on your radar.They will be reporting earnings after the bell today.
Budd Foxx
Budd Foxx
DAL
Delta Airlines Inc. (DAL) to raise some fares by as much $100.00 per ticket.The company is adjusting these prices due to the cost of fuel. This will probably open the door for other airlines to do the same. (DAL) is trading up slightly on this news.
Budd Foxx
Budd Foxx
ILMN
Illumina Inc. (ILMN) has a good looking chart, and has been trading up on good volume so keep this stock on your trading radar.
Budd Foxx
Budd Foxx
CKCM
Click Commerce Inc. (CKCM) out of the gate strong this morning.Keep this stock on your radar today.
Budd Foxx
Budd Foxx
IVX
Ivax Corp. (IVX) a stock we have mentioned in the past continues to act well up in early trading today so keep it on your radar.
Budd Foxx
Budd Foxx
DCEL
Dobson Communications (DCEL) which provides cellular phone service to rural U.S. markets announced the company expects a loss in subscribers in the second quarter. On the possitive side per unit revenue is expected to jump 13%.The stock traded up in after hours trading last night, and is doing well in the pre-market this morning.
Budd Foxx
Budd Foxx
MASTERING THE ART OF THE EXIT
Is it really any harder to make money now than it was a year ago? Two years ago? The markets don't look so confusing if you take a step back from the charts. In fact, it appears that they're simply consolidating gains after a strong bull run. So why all the long faces?
Most traders chase the market around, hoping to catch a trend higher or lower. Once positioned, they ignore the warning signs and sit in small losers until they become big losers. They wait to get bailed out when it's their responsibility to keep accounts lean, mean and profitable.
It's especially tough for new traders now, because many of them are closet investors. They expect to be rewarded for a buy-and-hold strategy. The only way to defeat this mentality is to manage an aggressive exit strategy on all positions
MASTERING THE ART OF THE EXIT
Most traders chase the market around, hoping to catch a trend higher or lower. Once positioned, they ignore the warning signs and sit in small losers until they become big losers. They wait to get bailed out when it's their responsibility to keep accounts lean, mean and profitable.
It's especially tough for new traders now, because many of them are closet investors. They expect to be rewarded for a buy-and-hold strategy. The only way to defeat this mentality is to manage an aggressive exit strategy on all positions
MASTERING THE ART OF THE EXIT
AAPL
Apple Computer (AAPL) reported after the bell last night.Profits and sales topped expectations and the stock is trading up 2 points in the pre-market.
Budd Foxx
Budd Foxx
GM and VC
Lehman Bros. has upgraded the Autos and Auto parts sector this morning. The company raised there price target on Visteon Corp (VC) to $10.00 from $3.00per share.They have also upgraded General Motors (GM) this morning.
Budd Foxx
Budd Foxx
Wednesday, July 13, 2005
CMGI
CMGI Inc. is acting well today and watch for a pump on Mad Money tonight. Cramer loves to pump this stock.
Budd Foxx
Budd Foxx
IVX
IVAX Corp. (IVX) a stock we have been watching continues to act well and is trading up today.Keep this stock on your trading radar.
Budd Foxx
Budd Foxx
Trading Double Bottoms
One trick to buying off correction-recovery patterns is spotting the point where new buyers have overcome the so-called weak holders. Long, flat bases wear out the weak holders. Cup-with-handle bases scare and wear them out. Double-bottom bases lull the weak holders into optimism, then take them out and shoot them.
Traders also call this formation the "W" pattern because the price traces something resembling the letter. This is a bullish pattern, although it's more failure prone and occurs less frequently than, say, the cup-with-handle, the best known of the correction-recovery patterns.
Trading Double Bottoms
Traders also call this formation the "W" pattern because the price traces something resembling the letter. This is a bullish pattern, although it's more failure prone and occurs less frequently than, say, the cup-with-handle, the best known of the correction-recovery patterns.
Trading Double Bottoms
CAFE
Host America Corp. keep this stock on the radar for the rest of the week. They have their product in Ten Wal-Mart Stores and if they get the rest of them the stock could goto the moon.
Tuesday, July 12, 2005
CMOS
Credence Systems Corp. the stock is acting well today and has a good looking chart. The MACD looks bullish.
CMOS CHART
Budd Foxx
CMOS CHART
Budd Foxx
MNTA
MNTA closed strong on Monday and traded up .94 in after hours so keep it on the trading radar for Tuesday.
MNTA CHART
MNTA CHART
Monday, July 11, 2005
Sunday, July 10, 2005
Inverted Head and Shoulders Pattern
The Head and Shoulders Pattern can sometimes be inverted. The inverted head and shoulders is typically seen in downtrends. What's noteworthy about the inverted head and shoulders is the volume aspect.
- The inverted left shoulder should be accompanied by an increase in volume.
- The inverted head should be made on lighter volume.
- The rally from the head however, should show greater volume than the rally from the left shoulder.
- Ultimately, the inverted right shoulder should register the lightest volume of all.
MACD Part 2
MACD generates bearish signals from three main sources. These signals are mirror reflections of the bullish signals.
- Negative divergence
- Bearish moving average crossover
- Bearish centerline crossover
Saturday, July 09, 2005
Timing Trades With The CCI
The Commodity Channel Index (CCI) is an oscillator originally developed by Donald Lambert and featured in his book "Commodities Channel Index: Tools for Trading Cyclical Trends". Since its introduction, the indicator has grown in popularity and is now a very common tool for traders to identify cyclical trends not only in commodities but also equities and currencies. In this article, we'll take a look at what exactly the CCI calculates, and how you can apply it to enhance your trading.
Friday, July 08, 2005
Learning From Others' Mistakes
Making mistakes is part of the learning process, but all too often, it's plain old common sense that separates a successful investor from a poor one. At the same time, nearly all investors, new or experienced, have fallen astray from common sense and made a mistake or two. Being perfect may be impossible, but knowing some of common investing errors can help deter you from going down the well-traveled, yet rocky path of losses. Here we go over some of the most common investing mistakes.
Learning From Others' Mistakes
Learning From Others' Mistakes
Thursday, July 07, 2005
Swing Trader Lesson
Dave Landry gives a weekly lesson on swing trading so just click to listen. This is a video presentation.
Swing Trader Lesson
Swing Trader Lesson
Wednesday, July 06, 2005
Tuesday, July 05, 2005
MACD part 1
Developed by Gerald Appel, Moving Average Convergence Divergence (MACD) is one of the simplest and most reliable indicators available. MACD uses moving averages, which are lagging indicators, to include some trend-following characteristics. These lagging indicators are turned into a momentum oscillator by subtracting the longer moving average from the shorter moving average. The resulting plot forms a line that oscillates above and below zero, without any upper or lower limits. MACD is a centered oscillator and the guidelines for using centered oscillators apply.
MACD Part One
MACD Part One
Monday, July 04, 2005
Fibonacci And The Golden Ratio
There is a special ratio that can be used to describe the proportions of everything from nature's smallest building blocks, such as atoms, to the most advanced patterns in the universe, such as unimaginably large celestial bodies. Nature relies on this innate proportion to maintain balance, but the financial markets also seem to conform to this 'golden ratio'. Here we take a look at some technical analysis tools that have been developed to take advantage of it.
Fibonacci And The Golden Ratio
Fibonacci And The Golden Ratio
Sunday, July 03, 2005
One-Week High-Volume Gainers
Stocks that have gained 5% or more in the past week with two-week average trading volume at least double the average volume of the past quarter.
Budd Foxx
Budd Foxx
Saturday, July 02, 2005
50 Small-Cap Stocks to Watch
We asked 10 analysts from some of the nation's top-performing small-cap stock funds to name five picks they believe will outperform the market this year.
Fifty Small-Cap Stocks to Watch
Fifty Small-Cap Stocks to Watch
The 2005 FSB 100
The companies you are about to meet represent the fifth graduating class of the annual FSB 100. They have been screened just as the others were: Zacks, a financial research firm, identified companies with annual revenue of less than $200 million and a stock price of more than $1 and ranked them based on the past three years' earnings growth, revenue growth, and stock performance. We excluded banks and real estate firms, which would otherwise overrun the list. From Fortune.com
The 2005 FSB 100
The 2005 FSB 100