-
Our Services
- Portfolios for Individual Investors
- Portfolios for High Net Worth Investors (September 2, 2008)
- The InVivo Universal Stop Indicator
- TrueBlue Trader Education Program (September 15, 2008)
- The Ultimate Trading Course
-
Read Blog by Category
-
Recommended Reading
- The Nature of Risk
- Winning The Mental Game on Wall Street
- A Mathematician Plays The Stock Market
- How to Lie with Statistics
- Chance
- Game Theory: A Very Short Introduction
- The Winner's Curse
- New Market Wizards (Eckhardt Chapter)
- Pioneering Portfolio Management
- Unconventional Success
- A Brief History of Economic Genius
- The Age of Turbulence
- In an Uncertain World
Jul
17
Trading Ideas for Friday
By Teresa | Filed Under Trading Ideas | 1 Comment
The debate is on: is this a sucker’s rally or, as Bob Pisani reported this morning, a possible bottom. Only the hairdresser knows for sure.
Of course, less-forgiving investors might feel like stoning the stock exchange, much like some Pakistani investors.
Is the bell tolling for the ag business? Does news of Trump selling his Palm Beach house to a Russian fertilizer mogul for $95 million qualify for a significant sentiment top?
The stock scan conducted after the close on Thursday found 18 winners and 93 losers. Click on the column headers below to sort the entire list.
The scan is designed to find stocks that are current “in play”; criteria includes price movement, range and liquidity (500,000 shares on the day, 20-day average volume of 1.5 million shares). The entire list has been ranked and sorted relative to performance against the S&P 500 and the NASDAQ 100 indexes. Please refer to the podcast for background information.
| Ticker | Close | %Change | Sell Stop | Buy Stop | %ToStop |
|---|---|---|---|---|---|
| JRCC | 40.89 | -10.85% | 49.94 | 22.14 | |
| PCX | 113.07 | -14.52% | 141.08 | 24.78 | |
| FINL | 9.89 | 3.89% | 8.43 | -14.76 | |
| GTE | 5.87 | -4.08% | 7.16 | 22.03 | |
| MYGN | 60.30 | 2.12% | 53.61 | -11.09 | |
| CLF | 97.25 | -7.91% | 91.54 | -5.87 | |
| ROST | 39.55 | 1.41% | 36.63 | -7.38 | |
| INTV | 8.14 | -0.07% | 7.03 | -13.60 | |
| STZ | 21.88 | 1.25% | 20.28 | -7.32 | |
| CEPH | 73.26 | 0.95% | 69.79 | -4.73 | |
| TE | 19.57 | -3.07% | 21.26 | 8.64 | |
| BRL | 57.17 | 22.30% | 48.30 | -15.52 | |
| SD | 50.91 | -9.09% | 61.96 | 21.70 | |
| SM | 47.37 | -6.61% | 56.23 | 18.70 | |
| GGB | 21.03 | -4.60% | 23.28 | 10.72 | |
| AAPL | 171.81 | -3.33% | 162.24 | -5.57 | |
| FLR | 86.68 | 1.61% | 91.68 | 5.77 | |
| DNA | 81.16 | 2.31% | 74.20 | -8.57 | |
| PXD | 64.36 | -6.85% | 74.56 | 15.85 | |
| DUG | 34.55 | 3.13% | 29.08 | -15.84 | |
| HERO | 30.47 | -6.90% | 36.06 | 18.33 | |
| AGU | 94.61 | -5.61% | 105.16 | 11.15 | |
| POT | 213.22 | -5.80% | 202.09 | -5.22 | |
| HGSI | 6.46 | -0.62% | 5.78 | -10.45 | |
| MDT | 54.10 | 0.00% | 52.52 | -2.92 | |
| HP | 59.24 | -8.31% | 70.28 | 18.64 | |
| STJ | 48.22 | 1.45% | 45.60 | -5.44 | |
| SYK | 68.41 | -0.04% | 65.66 | -4.03 | |
| NOV | 76.50 | -2.82% | 88.03 | 15.07 | |
| SE | 26.08 | -0.76% | 27.77 | 6.46 | |
| MCD | 60.37 | 0.35% | 57.46 | -4.81 | |
| BMY | 22.54 | 0.71% | 21.15 | -6.18 | |
| ADTN | 22.92 | 1.19% | 24.76 | 8.04 | |
| HAL | 46.26 | -0.67% | 50.71 | 9.62 | |
| CNQ | 85.84 | -4.10% | 84.13 | -1.99 | |
| PDE | 40.22 | -1.07% | 43.80 | 8.90 | |
| HLX | 35.00 | -1.38% | 38.42 | 9.78 | |
| D | 44.21 | -0.74% | 46.25 | 4.62 | |
| $NDX.X | 1853.47 | 0.52% | 1882.48 | 1.56 | |
| FST | 60.71 | -5.44% | 72.03 | 18.64 | |
| PXP | 64.34 | -6.52% | 76.01 | 18.15 | |
| OIH | 197.37 | -1.28% | 215.48 | 9.18 | |
| COP | 82.89 | -0.36% | 89.06 | 7.44 | |
| NE | 55.44 | -1.11% | 60.99 | 10.01 | |
| ME | 29.52 | -2.92% | 34.22 | 15.92 | |
| UNG | 49.80 | -7.35% | 56.72 | 13.90 | |
| CNX | 82.49 | -9.72% | 101.70 | 23.29 | |
| PPL | 48.64 | -0.73% | 51.24 | 5.35 | |
| BTU | 65.69 | -9.24% | 79.15 | 20.49 | |
| RDC | 40.72 | -2.23% | 44.25 | 8.67 | |
| WFT | 39.28 | -0.13% | 43.76 | 11.41 | |
| SAI | 19.05 | -0.26% | 20.09 | 5.46 | |
| ACI | 54.80 | -8.50% | 66.73 | 21.76 | |
| MOS | 129.77 | -7.05% | 124.16 | -4.33 | |
| ETR | 110.66 | -4.54% | 119.73 | 8.20 | |
| STR | 60.15 | -5.94% | 69.31 | 15.22 | |
| PEG | 42.45 | -1.21% | 45.99 | 8.34 | |
| XME | 77.57 | -6.13% | 76.55 | -1.32 | |
| PWE | 29.29 | -2.88% | 32.17 | 9.82 | |
| AU | 35.86 | 3.97% | 33.47 | -6.68 | |
| DNR | 30.15 | -5.66% | 37.16 | 23.24 | |
| DBA | 37.60 | -4.54% | 41.32 | 9.89 | |
| XLU | 38.49 | -0.43% | 40.80 | 6.01 | |
| PCG | 37.82 | -0.79% | 39.54 | 4.54 | |
| SRE | 53.81 | -2.06% | 56.90 | 5.75 | |
| PCZ | 48.34 | -1.33% | 52.42 | 8.44 | |
| EXC | 82.20 | -2.97% | 88.97 | 8.23 | |
| SU | 54.11 | -4.31% | 54.05 | -0.11 | |
| X | 145.19 | -5.73% | 166.12 | 14.42 | |
| HES | 95.90 | -5.09% | 110.63 | 15.36 | |
| TOT | 74.78 | -0.15% | 78.87 | 5.47 | |
| EIX | 49.28 | -1.40% | 51.91 | 5.34 | |
| WMB | 33.38 | -4.66% | 37.46 | 12.21 | |
| RIG | 142.12 | -1.51% | 150.44 | 5.85 | |
| PBR | 58.02 | -4.85% | 65.54 | 12.97 | |
| APC | 62.19 | -3.27% | 69.68 | 12.04 | |
| $SPX.X | 1260.25 | 1.20% | 1265.23 | 0.39 | |
| XLE | 75.58 | -1.18% | 82.89 | 9.68 | |
| NBL | 80.84 | -4.18% | 93.24 | 15.34 | |
| AES | 16.24 | 0.74% | 17.29 | 6.44 | |
| BP | 61.51 | 0.46% | 64.83 | 5.40 | |
| OXY | 75.10 | -3.05% | 83.82 | 11.61 | |
| MT | 79.97 | -5.87% | 90.70 | 13.42 | |
| SID | 38.25 | -3.75% | 41.16 | 7.61 | |
| BHP | 71.55 | -2.88% | 78.24 | 9.35 | |
| UPL | 74.39 | -6.40% | 88.28 | 18.67 | |
| TEVA | 41.05 | -3.28% | 43.83 | 6.78 | |
| FCX | 99.45 | -1.95% | 109.48 | 10.09 | |
| VIV | 5.72 | -6.78% | 6.17 | 7.91 | |
| ATW | 47.35 | -4.13% | 54.67 | 15.46 | |
| AEP | 38.90 | -0.03% | 40.83 | 4.96 | |
| BJS | 27.44 | -3.21% | 31.51 | 14.84 | |
| MUR | 79.12 | -3.86% | 90.10 | 13.88 | |
| XOM | 80.33 | -0.60% | 86.06 | 7.13 | |
| HOLX | 23.97 | 0.63% | 21.61 | -9.86 | |
| STLD | 31.09 | -5.99% | 35.40 | 13.86 | |
| COG | 51.20 | -7.29% | 62.92 | 22.89 | |
| DVN | 97.51 | -3.91% | 110.77 | 13.60 | |
| NRG | 36.18 | -2.87% | 39.15 | 8.22 | |
| NITE | 13.84 | 0.87% | 15.16 | 9.54 | |
| XTO | 54.14 | -6.78% | 63.75 | 17.75 | |
| NUE | 59.81 | -11.08% | 58.32 | -2.49 | |
| APA | 111.12 | -2.92% | 125.96 | 13.36 | |
| AAUK | 27.49 | 1.22% | 29.64 | 7.82 | |
| EOG | 104.62 | -3.11% | 120.53 | 15.21 | |
| GLBL | 13.36 | -4.37% | 15.47 | 15.82 | |
| KWK | 29.94 | -11.68% | 37.95 | 26.76 | |
| CBI | 32.05 | 2.77% | 33.82 | 5.53 | |
| VSE | 5.05 | 5.74% | 3.41 | -32.50 | |
| SLT | 14.00 | -6.78% | 15.86 | 13.31 | |
| TIE | 10.79 | -5.04% | 12.55 | 16.30 | |
| SWC | 9.64 | -4.51% | 11.28 | 17.04 |
Questions and Comments
Portfolio Strategy clients: Please log in to join the discussion if you do not see the text box below.
Check out the classic “double bottom” on Bank of Montreal, BMO (only time will tell). The 2nd recent bottom occured following the “Fredies” & “Indy Mac” news.