I have 1 day trade back tomorrow but I probably won't use it. The setups tomorrow aren't ideal for someone with limited day trades and a $10K account.
But here's the stuff to watch anyway.
SHORT WATCHLIST
NAEN....not shortable tomorrow, but it's being manipulated up again so this is something to watch for a while to come as it will eventually tank just like it did before
SIFY...massive 50% spike into the close. Went red the next day the last time it did this. In fact, it rarely can put together two decent sized green candles in a row. 84% red when Dow is red, 62.5% red when Dow is green, rumors of not being profitable and being on verge of bankruptcy. Gotta be careful with this one....thinly traded for such a low priced stock. I'll watch it but I probably won't play it. If you've got the capital like Muddy, then it's worth a shot.
PRXI...up 148% in 9 days on no news. 71% red when Dow is red, 69% red when Dow is green, sticking outside upper bollinger band, the CFO and CAO filed with the SEC today that they may resign if the company doesn't remedy some things they want fixed, rumors that the company is not profitable and is burning cash, like SIFY it's thinly traded for a low priced stock. Again, gotta be careful with this one....not sure I'll play it. We'll see.
LONG BREAKOUTS:
Pretty much the same watchlist...BBND, UTI, VRX, AGNC...all of these appear to be consolidating not far from 6-month highs
10 New Setups To Watch
8 hours ago
Posts
4 comments:
Hey man, thanks for the watchlist! had a pretty good day today and have 2 trades back tomorrow. I sent you an email to your personal address, hope I'm not bothering you too much!
Nice work on YRCW!
Hey, just wondering any of you heard about Manny Backus? I saw his google ad in your blog's side bar =)
He seems to offer services similar to Tim, where he tells you exactly when he enters and exits, but through a chat in real time. Looks like some kind of scam, but that was what I thought of Tim at first. Don't think he is verified on covestor like Tim is though. And he charges over $200 per month.
I am not a marketer trying to promote him, just looking around and asking for advice.
I don't know anything about the guy myself.
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