Yesterday was a typical summer day in the markets where there was little activity and it was hard to make money. However, quite a few names from yesterday's list did very well (GPRO, TSLA, MNST, IOC, SSYS)... as always, there were a few that fared poorly too.
One big thing that I've noticed helps me (and that I've gotten away from lately), is practicing chart reading. Check out the website http://www.chartarcade.com/ it's a great way to practice and I have noticed a correlation in my performance and the number of days I dedicate 10 to 15 minutes practicing on this site.
One note, a lot of energy names are overextended to the downside so I've taken them off my watch list.
TREND Picks -- long term trends with low variance to moving averages
LONGS
GS
GPN
GILD
EXPE
UNH
TIF
SHORTS
RAX
FOSL
SNDK
TWTR
WYNN
STX
VIPS
CVX
BREAKOUT Picks -- momentum names
LONGS
ATVI
TSLA
BMY
MNST
AAPL
MA
GME
VLO
GPRO
SGEN
INCY
SHORTS
ACM
CREE
WDC
BITA
APC
SPWR
XOM
SSYS
FSLR
APD
DISH
FEYE
Z
REVERSION Picks -- names exhibiting large variances from moving averages and typically losing the momentum that got them to elevated levels
SHORTS
PANW
IBB
ALK
One big thing that I've noticed helps me (and that I've gotten away from lately), is practicing chart reading. Check out the website http://www.chartarcade.com/ it's a great way to practice and I have noticed a correlation in my performance and the number of days I dedicate 10 to 15 minutes practicing on this site.
One note, a lot of energy names are overextended to the downside so I've taken them off my watch list.
TREND Picks -- long term trends with low variance to moving averages
LONGS
GS
GPN
GILD
EXPE
UNH
TIF
SHORTS
RAX
FOSL
SNDK
TWTR
WYNN
STX
VIPS
CVX
BREAKOUT Picks -- momentum names
LONGS
ATVI
TSLA
BMY
MNST
AAPL
MA
GME
VLO
GPRO
SGEN
INCY
SHORTS
ACM
CREE
WDC
BITA
APC
SPWR
XOM
SSYS
FSLR
APD
DISH
FEYE
Z
REVERSION Picks -- names exhibiting large variances from moving averages and typically losing the momentum that got them to elevated levels
SHORTS
PANW
IBB
ALK
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