Ugly Picks
Dear Diary,
After reading tradermike’s tips on trade-ideas and screwing around backtesting some different scans, I may have to subscribe. It is pretty sweet. I’ll be using it this week.
The following stocks from my watchlist are opening up:
| AUY | Basic Materials | Gold |
| BGO | Basic Materials | Gold |
| GFI | Basic Materials | Gold |
| GG | Basic Materials | Gold |
| FTO | Basic Materials | Oil & Gas Refining & Marketing |
| MLS | Financial | REIT - Retail |
The following stocks from my watchlist are opening down:
| BIDU | Technology | Internet Information Providers |
| AMD | Technology | Semiconductor - Broad Line |
| NVDA | Technology | Semiconductor - Specialized |
Based on yesterday’s trading, the following stocks are worth noting:
| EZM | Basic Materials | Industrial Metals & Minerals |
| BEBE | Consumer Goods | Textile - Apparel Clothing |
| NUHC | Services | Electronics Wholesale |
| MVSN | Technology | Business Software & Services |
| EXC | Utilities | Diversified Utilities |
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August 21st, 2006 at 9:41 am
Have you thought about using stocks making 52 week highs (on volume) for one of your watch lists? I would think plenty of those would have the potential to make a nice move. You could scan at the close and prepare the watch list for the next day. Just an idea.
August 21st, 2006 at 12:45 pm
I would be very interested to hear your thoughts on Trade-Ideas.com. I’ve looked at it a couple of times, but the pricing is a bit of a turn off considering that I don’t know anybody using this in their daily trading.
What am I bid for a blue paper clip?
August 21st, 2006 at 4:09 pm
Brad: I will add some of them to my watchlist if I think they look good. The only problem is that they usually aren’t good for shorting.
indigo-alien: I’ll let you know what I think. Someone has made a bid for the t-shirt, I’m going to post it soon.