http://www.themoneyblogs.com/2dTrading/Swing trading and short-term picks http://images.blogeasel.com/feedlogo.gifhttp://www.themoneyblogs.com/2dTrading/en-usCopyright 2006 The Connors Group, Inc. The contents of this feed are available for non-commercial use only.TheMoneyBlogs http://www.TheMoneyBlogs.comhttp://www.themoneyblogs.com/2dTrading/my.blog/sectors-to-watch-next-week.htmlhttp://www.themoneyblogs.com/2dTrading/sectors-to-watch-next-week.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/sectors-to-watch-next-week.html Chart Courtesy Of TeleChart Chart Courtesy Of TeleChart...Edgar Alcidi2006-09-18 09:24:00http://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.html The stock market continues to rally in a positive action, but the run could become more difficult in the next days. The QQQQ is showing solid overhead resistance with the 200sma and the 38,2 Fib. Retracement. In the same time, are showing my scans more and more potential short setups. I will watch closely the tape from now to Friday trying to catch potential breakouts failures.Here few stocks to put on your watchlist as potential shorts:SUPERVALU Inc.(SVU), Applied Materials Inc.(AMAT). The stock market continues to rally in a positive action, but the run could become more difficult in the next days. The QQQQ is showing solid overhead resistance with the 200sma and the 38,2 Fib. Retracement. In the same time, are showing my scans more and more potential short setups. I will watch closely the tape from now to Friday trying to catch potential breakouts failures.Here few stocks to put on your watchlist as potential shorts:SUPERVALU Inc.(SVU), Applied Materials Inc.(AMAT). ...Edgar Alcidi2006-09-14 08:59:00http://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.html The stock market ended slightly higher yesterday after a quiet trading session. The decline in the Oil market continues to catch my attentions right now, as the Crude Oil is getting closer to a two-year trendline. The chart below shows a well-defined two-year parallel channel, where every pullback to the trendline was a great opportunity for the bulls to make money. I wouldnīt be surprised to see the same scenario now. Try to catch the falling knife is usually a dangerous play in the The stock market ended slightly higher yesterday after a quiet trading session. The decline in the Oil market continues to catch my attentions right now, as the Crude Oil is getting closer to a two-year trendline. The chart below shows a well-defined two-year parallel channel, where every pullback to the trendline was a great opportunity for the bulls to make money. I wouldnīt be surprised to see the same scenario now. Try to catch the falling knife is usually a dangerous play in the ...Edgar Alcidi2006-09-12 03:30:00http://www.themoneyblogs.com/2dTrading/my.blog/sectors-to-watch-next-week.htmlhttp://www.themoneyblogs.com/2dTrading/sectors-to-watch-next-week.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/sectors-to-watch-next-week.html Chart Courtesy Of Telechart Chart Courtesy Of Telechart...Edgar Alcidi2006-09-11 08:44:00http://www.themoneyblogs.com/2dTrading/my.blog/premarket-movers.htmlhttp://www.themoneyblogs.com/2dTrading/premarket-movers.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/premarket-movers.htmlUPSymantec Corp. (SYMC)Oscient Pharmaceuticals Corp.(OSCI)QLT Inc.(QLTI)Textron Inc.(TXT)Shire plc(SHPGY)Sento Corp. (SNTO)DOWNDell Inc. (DELL)ANGLO AM PLC(AAUK)Bank of America Corp. (BAC)Scientific Games Corp(SGMS)CT Communications Inc.(CTCI)ResMed Inc.(RMD)UPSymantec Corp. (SYMC)Oscient Pharmaceuticals Corp.(OSCI)QLT Inc.(QLTI)Textron Inc.(TXT)Shire plc(SHPGY)Sento Corp. (SNTO)DOWNDell Inc. (DELL)ANGLO AM PLC(AAUK)Bank of America Corp. (BAC)Scientific Games Corp(SGMS)CT Communications Inc.(CTCI)ResMed Inc.(RMD)...Edgar Alcidi2006-09-11 00:00:00http://www.themoneyblogs.com/2dTrading/my.blog/10-day-sectors-performance.htmlhttp://www.themoneyblogs.com/2dTrading/10-day-sectors-performance.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/10-day-sectors-performance.htmlThe chart below shows the 10-day performance of the major sectors compared to the S&P500.The chart below shows the 10-day performance of the major sectors compared to the S&P500....Edgar Alcidi2006-09-09 00:00:00http://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.html The stock market closed down for the second time in a row in a small continuation pattern. The QQQQ ( chart below) could find some support at the 61,8% Fibonacci Retracement, but the sentiment remains bearish for the very short term. Volatility will increase as we head to triple witching options expiration next week and trade light seems to be the only way right now. Here a potential play to put on your watchlist:LONG:PepsiCo, Inc. ( NYSE:PEP) is showing a potential First Pullback Pat The stock market closed down for the second time in a row in a small continuation pattern. The QQQQ ( chart below) could find some support at the 61,8% Fibonacci Retracement, but the sentiment remains bearish for the very short term. Volatility will increase as we head to triple witching options expiration next week and trade light seems to be the only way right now. Here a potential play to put on your watchlist:LONG:PepsiCo, Inc. ( NYSE:PEP) is showing a potential First Pullback Pat...Edgar Alcidi2006-09-08 08:43:00http://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.html The stock market closed down yesterday breking the 4-day trading range. Nevetheless, I donīt expect a massive follow through now. The time until labor day will be a tough one, because volume will be extremly low and this makes the market manipulable. Breakouts and breakdowns was reversed regularly all August long and I guess this tricky environment will continue at least for two weeks. Trade light and stay aside are the only way to trade now. The Nasdaq is the mirror of this choppy tr The stock market closed down yesterday breking the 4-day trading range. Nevetheless, I donīt expect a massive follow through now. The time until labor day will be a tough one, because volume will be extremly low and this makes the market manipulable. Breakouts and breakdowns was reversed regularly all August long and I guess this tricky environment will continue at least for two weeks. Trade light and stay aside are the only way to trade now. The Nasdaq is the mirror of this choppy tr...Edgar Alcidi2006-08-24 09:08:00http://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.html Here two potential plays to put on your watchlist:SHORT: Cypress Semiconductor Corporation (CY) rallied on lower than average volume and will face strong resistance soon. LONG:GEO GROUP INC (GEO)is showing a symmetrical triangle pattern. Chart Courtesy Of TeleChart Here two potential plays to put on your watchlist:SHORT: Cypress Semiconductor Corporation (CY) rallied on lower than average volume and will face strong resistance soon. LONG:GEO GROUP INC (GEO)is showing a symmetrical triangle pattern. Chart Courtesy Of TeleChart ...Edgar Alcidi2006-08-23 09:12:00http://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.html Here two potential Short plays to put on your watchlist:Electronic Arts Inc. (ERTS)will face strong resistance between the Gap and the 200SMA. Adobe Systems Inc. ( ADBE) is showing a similary pattern, the stock is bouncing on lower than average volume and will meet strong resistance. Chart Courtesy Of Telechart Here two potential Short plays to put on your watchlist:Electronic Arts Inc. (ERTS)will face strong resistance between the Gap and the 200SMA. Adobe Systems Inc. ( ADBE) is showing a similary pattern, the stock is bouncing on lower than average volume and will meet strong resistance. Chart Courtesy Of Telechart ...Edgar Alcidi2006-08-21 08:57:00http://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.html Here two potential plays to put on your watchlist:Citrix Systems, Inc. will face strong resistance after a $5 run. (CTXS) Caremark Rx Inc. is moving sideways in a small symmetrical triangle. (CRX) Chart Courtesy Of TeleChart Here two potential plays to put on your watchlist:Citrix Systems, Inc. will face strong resistance after a $5 run. (CTXS) Caremark Rx Inc. is moving sideways in a small symmetrical triangle. (CRX) Chart Courtesy Of TeleChart...Edgar Alcidi2006-08-18 08:26:00http://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.html The market got a nice follow through and rallied for the second session in a row. Major indices moved outside the upper Bollinger Band, this means a short term pullback or at least a consolidation. Here two potential plays to put on your watchlist:Allscripts Healthcare Solutions Inc. (MDRX) Merck & Co. Inc. (MRK) Chart Courtesy Of TeleChart The market got a nice follow through and rallied for the second session in a row. Major indices moved outside the upper Bollinger Band, this means a short term pullback or at least a consolidation. Here two potential plays to put on your watchlist:Allscripts Healthcare Solutions Inc. (MDRX) Merck & Co. Inc. (MRK) Chart Courtesy Of TeleChart ...Edgar Alcidi2006-08-17 08:44:00http://www.themoneyblogs.com/2dTrading/my.blog/daily-pattern.htmlhttp://www.themoneyblogs.com/2dTrading/daily-pattern.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/daily-pattern.html Daktronics Inc. (DAKT) Put this potential Bilateral Pattern on your watchlist. Daktronics Inc. (DAKT) Put this potential Bilateral Pattern on your watchlist....Edgar Alcidi2006-08-15 08:34:00http://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.html The stock market ended lower last Friday, but despite the bad close managed the futures to close above support in the 4-week bear flag showed below. This just means that the bears could take a pause for now. The stock market ended lower last Friday, but despite the bad close managed the futures to close above support in the 4-week bear flag showed below. This just means that the bears could take a pause for now. ...Edgar Alcidi2006-08-14 08:47:00http://www.themoneyblogs.com/2dTrading/my.blog/sectors-to-watch-next-week.htmlhttp://www.themoneyblogs.com/2dTrading/sectors-to-watch-next-week.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/sectors-to-watch-next-week.htmlAll charts found was detected through:ŪAll charts found was detected through:Ū...Edgar Alcidi2006-08-13 00:00:00http://www.themoneyblogs.com/2dTrading/my.blog/sector-performance.htmlhttp://www.themoneyblogs.com/2dTrading/sector-performance.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/sector-performance.htmlThe chart shows sectors performances compared to the S&P500 in the last ten daysChart Courtesy of StockchartsThe chart shows sectors performances compared to the S&P500 in the last ten daysChart Courtesy of Stockcharts...Edgar Alcidi2006-08-12 00:00:00http://www.themoneyblogs.com/2dTrading/my.blog/daily-pattern.htmlhttp://www.themoneyblogs.com/2dTrading/daily-pattern.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/daily-pattern.html Wellcare Health Plans Inc. (WCG), Put this potential Bilateral Pattern on your watchlist. Chart Courtesy Of TeleChart. Wellcare Health Plans Inc. (WCG), Put this potential Bilateral Pattern on your watchlist. Chart Courtesy Of TeleChart....Edgar Alcidi2006-08-11 08:45:00http://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.html The bulls started strong the yesterday trading session, but as expected, the bounce was short lived and the major indices reversed. This action was disappointing for the bulls and some indicators like stochastic and OBV are getting worse. This means that the downside could continue in the next days and the July lows are the level to watch. The bulls started strong the yesterday trading session, but as expected, the bounce was short lived and the major indices reversed. This action was disappointing for the bulls and some indicators like stochastic and OBV are getting worse. This means that the downside could continue in the next days and the July lows are the level to watch. ...Edgar Alcidi2006-08-10 08:37:00http://www.themoneyblogs.com/2dTrading/my.blog/a-closer-look-to-the-biotechs.htmlhttp://www.themoneyblogs.com/2dTrading/a-closer-look-to-the-biotechs.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/a-closer-look-to-the-biotechs.htmlI decided to take a closer look at the biotech sector today. The sector regained some steam in the last two weeks of July and broke out above the 8-month downtrend, but this action was extremely irresolute and the volume just above average. This was not the best condition to trade higher and the sector dropped on its own weight. Just take a look at the best/worst stocks now.Illumina Inc.(ILMN),is the strongest stock available on my database.The stock gapped up on better than expected earnings 3 I decided to take a closer look at the biotech sector today. The sector regained some steam in the last two weeks of July and broke out above the 8-month downtrend, but this action was extremely irresolute and the volume just above average. This was not the best condition to trade higher and the sector dropped on its own weight. Just take a look at the best/worst stocks now.Illumina Inc.(ILMN),is the strongest stock available on my database.The stock gapped up on better than expected earnings 3 ...Edgar Alcidi2006-08-09 00:00:00http://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/daily-commentary.htmlhttp://www.themoneyblogs.com/2dTrading/my.blog/daily-commentary.html The market ended lower last Friday in a classic sell the news action. This trapped the bulls for the second time in a week after the NR7 printed last Monday. The fed meeting scheduled tomorrow will be the catalyst of the week, this means that the tricky environment could continue at least until Thursday. If you want to trade in this period of time, be sure to reduce your position size. Chart Courtesy Of TeleChart. The market ended lower last Friday in a classic sell the news action. This trapped the bulls for the second time in a week after the NR7 printed last Monday. The fed meeting scheduled tomorrow will be the catalyst of the week, this means that the tricky environment could continue at least until Thursday. If you want to trade in this period of time, be sure to reduce your position size. Chart Courtesy Of TeleChart....Edgar Alcidi2006-08-07 08:14:00