Tag Archives: spy

STOCKS TO WATCH ON DEC 06: AAPL, EDU, IDCC, NOK, SPY

Posted on December 6, 2012 by cl117692

Please also follow me on twitter @garylee_hk for instant updates on market currents

Labels: , , , , 

Apple, Inc (NASDAQ: AAPL) breaks below its ascending triangle, reversing its uptrend, as I mentioned yesterday on  my blog. http://stks.co/mG4T. Today, it falls 6.43% and another half percent during after hours. MACD is falling quickly and will soon be having a bearish cross. CMF is falling again. The picture on Apple is not nice. I shorted AAPL today. I have a target of $500 by the end of this week.

New Oriental Education (NYSE: EDU) has almost filled all of its gap after its accouting scandal. By the look of the huge drop in two days, touching lower Bband with low readings on RSI and Slow STO. Although I think this stock is due for some correction. I am nothing saying the uptrend still enacts, prices touching lower bband can consider as a BUY signal (by textbooks)

InterDigital, Inc (NASDAQ: IDCC) breaks above $44.00 today. 200 day moving average seem to come to a saucer bottom. MACD and CMF are holding up pretty well.

S&P 500 (NYSE: SPY) This is my first time covering technical analysis on stock index because today’s move is very interesting and bullish on chart. Today’s low hits $140.00 (or Index:1400) yet closing slightly above yesterday open/close. Resistance is found under 50 day moving average but it seems like SPY is making higher lows. After all, I am bullish on stocks towards to the end of 2012.
Nokia Corp. (NYSE: NOK) raised 12.79% today with huge volume and 2% more in after-hours. 200 day moving average might be bottoming. MACD is ticking up. Faster moving average crossing slower from below could trigger another buying power. But I think NOK is due for some correction, as this stock rarely stays over 70 on RSI for longer than 2 days.
Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on STOCKS TO WATCH ON DEC 06: AAPL, EDU, IDCC, NOK, SPY

STOCKS TO WATCH ON DEC 04: CFNL, FB, MET, JEF, PCYC, QIHU

Posted on December 4, 2012 by cl117692

Stocks to Watch on Dec 04: CFNL, FB, MET, JEF, PCYC, QIHU

Standing O for me, I signaled my followers on a upcoming depreciation on $NFLX prices throughout the weekend on twitter (click here to follow me) and stocktwits. $NFLX dropped more than 5% today.
 I have also mentioned it on my blog (click here to view)

Cardinal Financial Corp (NASDAQ: Broke its pennant today, which is a signal of trend continuation. I have a ST target of $16.21. Slow STO just left oversold level and MACD is upticking.

Facebook, Inc (NASDAQ: FB) filled the gap made on July yesterday. We have seen some correction today; however, as long as it is closing above $27.00, I am still bullish on this stock.

Jefferies Group, Inc. (NYSE: JEF) has made a new high today. I do not have a target for now but the chart is definitely bullish. JEF has a 1.02x Price/Book and 15x P/E ratio. Quite a stock with value.

Metlife, Inc. (NYSE: MET) is trading around 200 and 50 day moving averages with a quote neutral level of CMF and RSI. Look for a move above $33.70 as entry.

Pharmacyclics, Inc (NASDAQ: PCYC) has just crossed above its ascending triangle pattern, testing to fill the gap. Assuming the uptrend continues tomorrow, I have a short term target of $59.00.

QIHOO 360 Techniclogy Co. Ltd. (NYSE: QIHU) has gained massive momentum with volume after breaking the $25.00 resistance level. CMF & MACD accelerating.

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on STOCKS TO WATCH ON DEC 04: CFNL, FB, MET, JEF, PCYC, QIHU

SOCKS TO WATCH ON NOV 20: DDD, RIMM. AGNC, SPY

Posted on November 19, 2012 by cl117692

Socks to Watch on Nov 20: DDD, RIMM. AGNC, SPY

Labels: , , , 

American Capital Agency Corp (NASDAQ: AGNC) Told you on AGNC reversing (yesterday). Now, Watch for MACD histogram crossover.

3D System Corp (NYSE: DDD) seems an uptrend is firm with 4 troughs connected in a ascending prices. My target, for now, is $46 through extending a parallel line to make a channel.

Research in Motion, Blackberry (NASDAQ: RIMM) broke the bullish flag last Friday and filled the July’s gap and made a new high at $9.59 after previous one at $9.17. My next short term target is $10.00 but I think the stock is reversing.

S&P500 (NYSE: SPY) Told you yesterday that there would be a move very soon. Just another update, On Balance Volume shows the stocks might be underpriced right now.

Posted in Uncategorized | Tagged , , , , , | Comments Off on SOCKS TO WATCH ON NOV 20: DDD, RIMM. AGNC, SPY