stubbybrown
IT support and adjunct CS instructor.
Homepage: https://stubbybrown.wordpress.com
stubbystock technical alert 10DMA xUPs [EOD20130416] $BRK.B $CSGP $TUP $TWX $UNF and 14 others
Posted in Technical Alerts on 2013/04/16
$ACN $ASR $BEN $BRKB $CERN $CHD $COO $CSGP $DISCA $GMCR $ITC $N $NEE $PAA $SNDK $TUP $TWX $UNF $VIAB
i am long these listed.
3 Notable 52wk HIGHS [EOD20130416] $REGN $TW $HSY
Posted in 52 week highs on 2013/04/16
3 Notable 52wk HIGHS i screened for & ranked using Finviz & IBD respectively
ticker symbols:
- $REGN $TW $HSY in order of rank. see below for more details.
- these charts & quotes above are provided by finviz.com.
screening method:
- screen from all 6400+ stocks listed at finfiz.com
- must close above previous 52 wk high
- positive institutional transactions
- short float <5%
- gap up
- performance1 today up
- performance2 YTD +10%
- above 20dma
- above 50dma
- above 200dma
- 52wk high
- relative volume over 100%
- price over $50
rank criteria using IBD SmartSelect:
- composite rating 80 or greater
- eps rating rating 70 or greater
- rs rating rating 80 or greater
results: (csv format)
No.,Symbol,Company Name,Composite Rating ,EPS Rating,RS Rating,
1,REGN,Regeneron Pharmaceutical,99,80,95,
2,TW,Towers Watson & Co,94,75,84,
3,HSY,Hershey Company,90,77,86,
top ranked chart: $REGN
–
–
stubby’s chart commentary on today’s top rank chart:
- REGN is a powerful quick momentum stock. by the time it breaks out, it’s almost too late to catch that leg higher. i recently mentioned this stock on apr-10-13. a bearish shooting star candlestick formation developed and i was suspicious of a possible breakout. i put candlestick formation ahead of other technicals i pointed out, stayed out and missed this rally. i suppose worse things have happened. next time i encounter a similar chart pattern, i will be more considerate of ALL the parameters and not let one outweigh all the others.
- since then, some characteristics have developed that give me the impression the recent breakout in REGN has limited upside reward in the short-term. those characteristics are (1) bleeding nose RSI 86.05 and it looks like the daily RSI wants to xBELOW it’s moving average. (2) MACD is approached historical levels where REGN tops out and fades.(3) the same with the MFI (money flow index). (4) william’s A/D is the highest it’s been for over a year. (5) CCI 20day is waving flat.
- so again, i will stay on the sidelines for a better entry with more upside potential. i am [neutral to short-term bearish] on REGN.
disclosure(s):
- I am long full positions in HSY.
high levels of distribution in SPDR etfs $XLE $XLB $XLI $XLV
Posted in SPDR watch on 2013/04/15
3 Notable 52wk HIGHS [EOD20130412] $GILD $BIIB $AMGN
Posted in 52 week highs on 2013/04/12
3 Notable 52wk HIGHS Screened By Finviz & Ranked By IBD SmartSelect:
ticker symbols:
screening method:
1. first, using these following 13 finviz screen criteria:
- screen from all 6400+ stocks listed at finfiz.com
- must close above previous 52 wk high
- positive institutional transactions
- short float <5%
- gap up
- performance1 today up
- performance2 YTD +10%
- above 20dma
- above 50dma
- above 200dma
- 52wk high
- relative volume over 100%
- price over $50
2. second, i screened the list further using the following IBD criteria:
- composite rating 80 or greater
- eps rating rating 70 or greater
- rs rating rating 80 or greater
rank by my criteria using IBD SmartSelect: (csv format)
No.,Symbol,Company Name,Composite Rating,EPS Rating,RS Rating,
1,GILD,Gilead Sciences Inc,99,74,97,
2,BIIB,Biogen Idec Inc,97,84,94,
3,AMGN,Amgen Inc,97,86,93,
top ranked chart: $GILD
–
stubby’s chart commentary:
- a re-run from yesterday’s commentary: it’s really hard to put any kind of spin on a stellar stock chart like $GILD. but i’ll try. what i look for is price momentum with rising vol above average, rising RSI (added notes: moving average), rising accumulation and rising money flow. i also like to see a stock gap up over previous day close, making new highs during the day and closing above the previous 52 wk high. $GILD has it all.
- the major difference from today’s chart versus yesterday’s is today’s candlestick formation. yesterday’s candle was a long white formation which indicates strong price momentum higher. today’s candle formation was a white spinning top. typically this indicates sanguine neutrality, particularly in a clear uptrend chart pattern. some may see this as indecision or possible bearish behavior on the part of traders. with all the indications i pointed to in the prior bullet shows this to be buying in moderation in a clear uptrend mode.
- i have a full position in $GILD, cost @ 44.12. $GILD closed today @ 51.96, up 0.54% from yesterday’s close. i have no immediate plans to add to $GILD or trim it. sticking to my thesis this stock and other top biotechs will be market leaders for at least the next 9 – 12 mons. i will re-consider adding to or trimming $GILD after it reports earning later this month on about apr-24-2013.
disclosure(s):
4 Notable 52wk HIGHS [EOD20130411] $GILD $VRTS $TM $PTP
Posted in 52 week highs on 2013/04/11
4 Notable 52wk HIGHS Screened By Finviz & Ranked By IBD SmartSelect:
ticker symbols:
screening method:
1. first, using these following 12 finviz screen criteria:
- must close above previous 52 wk high
- positive institutional transactions
- short float <5%
- gap up
- performance1 today up
- performance2 YTD +10%
- above 20dma
- above 50dma
- above 200dma
- 52wk high
- relative volume over 100%
- price over $50
2. second, i screened the list further using the following IBD criteria:
- composite rating 80 or greater
- eps rating rating 70 or greater
- rs rating rating 80 or greater
rank by my criteria using IBD SmartSelect: (csv format)
No.,Symbol,Company Name,Composite Rating,EPS Rating,RS Rating
1,GILD,Gilead Sciences Inc,99,74,97
2,VRTS,Virtus Investment Ptnrs,99,80,98
3,TM,Toyota Motor Corp Adr,96,95,86
4,PTP,Platinum Underwriters,87,80,90
top ranked chart: $GILD
–
stubby’s chart commentary:
- it’s really hard to put any kind of spin on a stellar stock chart like $GILD. but i’ll try. what i look for is price momentum with rising vol above average, rising RSI, rising accumulation and rising money flow. i also like to see a stock gap up over previous day close, making new highs during the day and closing above the previous 52 wk high. $GILD has it all.
- i have a full position in $GILD, cost @ 44.12. $GILD closed today @ 51.65. i have no immediate plans to add to $GILD or trim it. sticking to my thesis this stock and other top biotechs will be market leaders for at least the next 9 – 12 mons. i will re-consider adding to or trimming $GILD after it reports earning later this month on about apr-24-2013.
disclosure(s):
11 Notable 52wk HIGHS [EOD20130410] $REGN $BBSI $WDC $VRTS $TM $CSGP $FMX $DIS $ANDE $TMO $SYK
Posted in 52 week highs on 2013/04/10
11 Notable 52wk HIGHS Screened By Finviz & Ranked By IBD SmartSelect:
ticker symbols:
- $REGN $BBSI $WDC $VRTS $TM $CSGP $FMX $DIS $ANDE $TMO $SYK (in order of rank)
- charts & quotes by finviz.com
screening method:
1. first, using these following 12 finviz screen criteria:
- positive institutional transactions
- short float <5%
- gap up
- performance1 today up
- performance2 YTD +10%
- above 20dma
- above 50dma
- above 200dma
- 52wk high
- relative volume over 100%
- price over $50
- closed above previous 52 wk high
2. second, i screened the list further using the following IBD criteria:
- composite rating 80 or greater
- eps rating rating 70 or greater
- rs rating rating 80 or greater
rank by IBD SmartSelect after screening: (csv format)
No.,Symbol,Company Name,Composite Rating,EPS Rating,RS Rating
1,REGN,Regeneron Pharmaceutical,99,80,90
2,BBSI,Barrett Business Svcs,99,90,98
3,WDC,Western Digital Corp,98,95,91
4,VRTS,Virtus Investment Ptnrs,98,80,98
5,TM,Toyota Motor Corp Adr,97,95,86
6,CSGP,Costar Group Inc,96,93,90
7,FMX,Fomento Econ Mex Sab Ads,95,94,88
8,DIS,Walt Disney Company,91,71,81
9,ANDE,Andersons Inc,88,79,84
10,TMO,Thermo Fisher Scientific,85,86,91
11,SYK,Stryker Corp,80,82,80
top ranked chart: $REGN
stubby’s chart commentary:
- yesterday i included 2 charts of $REGN. however, a classic shooting star candlestick formation lead me to call $REGN bearish. today that proved wrong. i read the sentiment of the candlestick over the other more bullish chart features i discussed. i also read the sentiment of the whole market incorrectly bearish.
- i hold no position in $REGN and don’t plan on getting in considering i am already up $AMGN $BIIB $CELG & $GILD. i will reconsider $REGN after another correction in the stock.
disclosure(s):
2 Notable 52wk HIGHS [EOD20130409] $REGN $FMX $$
Posted in 52 week highs on 2013/04/09
2 Notable 52wk HIGHS Screened & Ranked By IBD SmartSelect:
ticker symbols:
rank by IBD SmartSelect after screening: (csv format)
No.,Symbol,Company Name,Composite Rating,EPS Rating,RS Rating,
1,REGN,Regeneron Pharmaceutical,99,80,90,
2,FMX,Fomento Econ Mex Sab Ads,95,94,88,
top ranked chart: $REGN
stubby’s chart commentary:
- i included 2 charts of $REGN. i prefer the trend lines as i drew them (right) versus finviz (left). $REGN has been lagging the pack of biotech stocks i hold such as $AMGN, $BIIB, $CELG, $GILD. so it looks like $REGN wants a piece of the action. i don’t hold $REGN but have in the passed. as i drew the trend lines, price action indicates $REGN gapped over resistance and finished above on strong volume. however, todays candle stick looks to me like a classic bearish shooting star.
- therefore i will pass on buying $REGN until a better setup develops. the S&P 500 broad index suffered the same fate and am not positive about equity prospects in general.
screening method:
1. first, using these following 12 finviz screen criteria:
- positive institutional transactions
- short float <5%
- gap up
- performance1 today up
- performance2 YTD +10%
- above 20dma
- above 50dma
- above 200dma
- 52wk high
- relative volume over 100%
- price over $50
- closed above previous 52 wk high
2. second, i screened the list further using the following IBD criteria:
- composite rating 80 or greater
- eps rating rating 70 or greater
- rs rating rating 80 or greater
disclosure(s):
- i do not hold $REGN or $FMX.
3 Notable 52wk HIGHS [EOD20130408] $SYNT $DIS $TM $$
Posted in 52 week highs on 2013/04/08
3 Notable 52wk HIGHS Screened & Ranked By Desc % YTD Price Performance:
ticker symbols:
- $SYNT $DIS $TM (<— quotes by stocktwits.com)
- http://bit.ly/150rha2 (<— charts finviz.com)
rank by performance %YTD after screening: (csv format)
No.,Ticker,Company,Sector,Industry,Country,Market Cap,Perf YTD,Price,Change
1,SYNT,”Syntel, Inc.”,Technology,Information Technology Services,USA,2.85B,26.72%,67.96,0.50%
2,DIS,Walt Disney Co.,Services,Entertainment – Diversified,USA,106.20B,18.14%,58.82,1.94%
3,TM,Toyota Motor Corporation,Consumer Goods,Auto Manufacturers – Major,Japan,187.42B,16.58%,108.71,2.08%
DAILY TOP RANKED Chart: SYNT
STUBBY’S COMMENTARY:
- this is an interesting stock chart. there was a big dip in price leading up to the beginning in 2013. a cursory thought is the stock began to fade during all the 2012 presidential election noise & then sequestration noise hammered it down further. but it’s also evident the stock was backfilling a gap up in price from earlier in the year of 2012. before stepping, i want to see the price breakout from here on solid above average volume. the strong fundamentals and TA indicators show there’s a little more room to run higher in the short-term. then i will expect a pause in price gain while the 50DMA catches back up with the stock price.
- as a position trader, the setup would be for me to enter with a starting 1/2 position if the stock breaks out on high volume. the next position to look for would be to wait till the 50DMA catches up with the price. a flat base or cup-n-handle formation may develop. at the conclusion of that pause development is closer to the time for me to consider taking a 1/4 position. i am not long SYNT but may consider taking an entry position in the next 72 hours if the senario i sketched out unfolds.
screening method:
1. first, using these following 11 finviz screen criteria:
- positive institutional transactions
- short float <5%
- gap up
- performance1 today up
- performance2 YTD +10%
- above 20dma
- above 50dma
- above 200dma
- 52wk high
- relative volume over 100%
- price over $50
2. second, i screened the list further using the following IBD criteria:
- composite rating 80 or greater
- eps rating rating 70 or greater
- rs rating rating 80 or greater
3. third, ranked the resulting list by %YTD price performance.
disclosure(s):
Economic reports (thurs 20130404) – Jobless Claims
Posted in Economic Reports on 2013/04/04
Jobless Claims: Released On 4/4/2013 8:30:00 AM For wk3/30, 2013
- Highlights – Upward pivot for jobless claims is bad news for the unemployed. The March 23 week saw the sharpest weekly increase and the highest level of the year, both now exceeded by the March 30 week with initial claims up 28,000 to 385,000. The 4-week average also shows its largest increase and highest level of the year, up 11,250 to 354,250.
- Weekly series fluctuate more dramatically than monthly series even when the series are adjusted for seasonal variation. The 4-week moving average gives a better perspective on the underlying trend. Data Source: Haver Analytics
- Note – all credits to bloomberg.econoday.com
|
|
Prior |
Prior Revised |
Consensus |
Consensus Range |
Actual |
| New Claims – Level |
357 K |
357 K |
350 K |
339 K to 365 K |
385 K |
| 4-week Moving Average – Level |
343.00 K |
343.00 K |
354.25 K |
||
| New Claims – Change |
16 K |
16 K |
28 K |
2 Notable 52wk HIGHS [EOD20130404] $TFX $MON $$
Posted in 52 week highs on 2013/04/04
2 Notable 52wk HIGHS Screened & Ranked By Desc % YTD Price Performance:
ticker symbols:
TFX MON (<— quotes by stocktwits.com)
rank by performance %YTD after screening:
No.,Ticker,Company,Sector,Industry,Country,Market Cap,Perf YTD,Price,Change
1,TFX,Teleflex Incorporated,Healthcare,Medical Instruments & Supplies,USA,3.50B,20.14%,85.31,0.98%
2,MON,Monsanto Co.,Basic Materials,Agricultural Chemicals,USA,56.66B,12.56%,105.74,1.18%
http://bit.ly/10AoWN6 (<— finviz.com charts & news)
screening method:
1. first, using these following 11 finviz screen criteria:
- positive institutional transactions
- short float <5%
- gap up
- performance1 today up
- performance2 YTD +10%
- above 20dma
- above 50dma
- above 200dma
- 52wk high
- relative volume over 100%
- price over $50
2. second, i screened the list further using the following IBD criteria:
- composite rating 80 or greater
- eps rating rating 70 or greater
- rs rating rating 80 or greater
3. third, ranked the resulting list by %YTD price performance.
disclosure: i am long TFX
Economic reports (wed 20130403) – MBA Purchase Applications, ADP Employment Report, ISM Non-Mfg Index
Posted in Economic Reports on 2013/04/03
MBA Purchase Applications: Released On 4/3/2013 7:00:00 AM For wk3/29, 2013
- Highlights – A scheduled hike in FHA premiums on April 1 increased demand for government loans and gave a boost to purchase applications in the March 29 week, according to the Mortgage Bankers Association … <click link to read more>
- Composite Index – W/W Change, Prior 7.7%, Actual 4.0 %
- Purchase Index – W/W Change, Prior 7.0%, Actual % -1.0 %
- Refinance Index – W/W Change, Prior 8.0%, Actual -6.0 %
ADP Employment Report: Released On 4/3/2013 8:15:00 AM For Mar, 2013
- Highlights – ADP data are strongly signaling weakness for Friday’s employment report. Private payrolls by ADP’s count rose only 158,000 in March which is far below ADP’s 237,000 count for February (revised)
- Prior 198,000
- Prior Revised 237,000
- Consensus 205,000
- Consensus Range 170,000 to 240,000
- Actual 158,000
- Note – all credits to bloomberg.econoday.com
ISM Non-Mfg Index: Released On 4/3/2013 10:00:00 AM For Mar, 2013
- Highlights – Employment is the weak link in March’s non-manufacturing from the ISM whose headline composite index fell 1.6 points to a 54.4 level that indicates the slowest rate of monthly growth since July last year … <click link to read more>
- Prior 56.0
- Consensus 56.0
- Consensus Range 54.0 to 56.5
- Actual 54.4
- Note – all credits to bloomberg.econoday.com
6 Notable 52wk HIGHS [EOD20130402]
Posted in 52 week highs on 2013/04/02
6 Notable 52wk HIGHS Screened & Ranked By Desc % YTD Price Performance:
ticker symbols: FLT, BIIB LIFE BDX RYN DVA (<— quotes by stocktwits.com)
rank by %YTD performance after screening: http://bit.ly/12eoCVv (<— finviz.com charts & news)
- + 45.07% YTD, FLT, FleetCor Technologies, Inc.
- + 35.40% YTD, BIIB, Biogen Idec Inc.
- + 34.10% YTD, LIFE, Life Technologies Corporation
- + 24.20% YTD, BDX, Becton Dickinson and Company
- + 15.32% YTD, RYN, Rayonier Inc.
- + 15.08% YTD, DVA, DaVita, Inc.
screening method:
1. first, using these following 11 finviz screen criteria:
- positive institutional transactions
- short float <5%
- gap up
- performance1 today up
- performance2 YTD +10%
- above 20dma
- above 50dma
- above 200dma
- 52wk high
- relative volume over 100%
- price over $50
2. second, i screened the list further using the following IBD criteria:
- composite rating 80 or greater
- eps rating rating 70 or greater
- rs rating rating 80 or greater
3. third, ranked the resulting list by %YTD price performance.
3 Notable 52wk HIGHS [EOD20130401]
Posted in 52 week highs on 2013/04/01
3 Notable 52wk HIGHS Screened & Ranked By Desc % YTD Price Performance:
ticker symbols: FLT, UHS, BIIB (<— quotes by stocktwits.com)
rank by %YTD performance after screening: http://bit.ly/XDwGAj (<— finviz.com charts & news)
- FLT, FleetCor Technologies, Inc., + 43.97%
- UHS, Universal Health Services Inc., + 34.38%
- BIIB, Biogen Idec Inc., + 31.70%
screening method:
1. first, using these following 11 finviz screen criteria:
- positive institutional transactions
- short float <5%
- gap up
- performance1 today up
- performance2 YTD +10%
- above 20dma
- above 50dma
- above 200dma
- 52wk high
- relative volume over 100%
- price over $50
2. second, i screened the list further using the following IBD criteria:
- composite rating 80 or greater
- eps rating rating 70 or greater
- rs rating rating 80 or greater
3. third, ranked the resulting list by %YTD price performance.
9 Notable 52wk HIGHS [EOD20130328]
Posted in 52 week highs on 2013/03/28
9 Notable 52wk HIGHS Screened & Ranked By Desc % YTD Price Performance:
ticker symbols:
CBI, PSX, BIIB, CP, SIG, ANDE, VRSK, AWR, TFX (quotes & news by seekingalpha.com)
rank by %YTD performance after screening:
- CBI – Chicago Bridge & Iron Company N.V. – 34.10%
- PSX – Phillips 66 – 32.42%
- BIIB – Biogen Idec Inc. – 31.60%
- CP – Canadian Pacific Railway Limited – 28.74%
- SIG – Signet Jewelers Limited – 25.70%
- ANDE – The Andersons, Inc. – 25.13%
- VRSK – Verisk Analytics, Inc. – 20.89%
- AWR – American States Water Company – 20.79%
- TFX – Teleflex Incorporated – 19.01%
http://bit.ly/XlYSYd (<— finviz.com charts only)
http://bit.ly/YNc0St (<— finviz.com charts & news)
screening method:
1. first, using these following 11 finviz screen criteria:
- positive institutional transactions
- short float <5%
- gap up
- performance1 today up
- performance2 YTD +10%
- above 20dma
- above 50dma
- above 200dma
- 52wk high
- relative volume over 100%
- price over $50
2. second, i screened the list further using the following IBD criteria:
- composite rating 80 or greater
- eps rating rating 70 or greater
- rs rating rating 80 or greater
3. third, ranked the resulting list by %YTD price performance.
Meet Stubby
my name is michael james. my aim is to articulate my wall street trading thesis and methodology as an individual trader. all trading i do is in my own SEP-IRA account. all content i post is for information & opinion purposes only and not intended to be investment advice.
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Posted in Commentary on 2013/04/14
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