Thursday, February 2, 2012

Trading Ideas for Friday


STRATEGY:   The SPX was flat today, and is right at its resistance. For LONG ideas, I wanted to find stocks that went UP today, not flat, on volume. I already have several short positions, including HPQ    LINE     REN  etc.

I will ONLY BUY 1-2 of these, to save some funds to  buy some $10 stocks in addition,  since they move faster. 

I have another focus list that has both small and large caps in it, but i'm in the process of cleaning up the list. I might post it later.

THESE ARE IDEAS ONLY.   I may or may not take a position in any of these.  "Buy at open" means its a POSSIBLE buy that i may take at the open.

V buy at the open on Friday, if over Thurs low. No need to buy both MA and V.
MA buy over 385. Trgt 420. Similar to V. No need to buy both MA and V.
BAL is still buyable near Thursdays closing price.
ISRG buy at open if over 478.
SBH buy over Thursday's high. Trgt  24ish from 22ish or 8-10%

RA buy after consolodation. Watch for a bull flag before entry. E.g.: A move lower, and then a move back over 16.70.

GCOM buy over Thursdays high, from Feb 1 list.

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

No comments:

Post a Comment