These Are the Times to Remember

The market is winding down with typical holiday action, grinding slightly higher. Notable weakness was seen today in Treasuries, coffee, and natural gas, though the latter two may very well prove to be a buying opportunity. Treasuries, of course, are likely to be a key market for many reasons in 2014.

Overall, 2013 was a very strong year for bulls, where circumstances like price remaining above the 200-day moving average on the S&P 500 Index for thirteen months never seemed to be a problem for buyers. If anything, the momentum galvanized them, regardless of how long in the tooth it seemed.

I am looking forward to working more with all of you in 2014. I am always striving to improve, and you can see my work product day-in, day-out on this blog as well as inside 12631. For that reason, if you have been on the fence as to whether to join 12631 to work with me and @RaginCajun, you have a golden opportunity before midnight tonight. 

By the time the ball drops in Times Square tonight, membership rates to the 12631 Trading Service will have risen.

Here are the new rates:

Monthly: $59.95
Semi-Annual: $299.95
Annual: $459.95

The good news is that if you join our service before New Year’s Eve, you will be locked into the current, soon-to-be-old, cheaper rates as long as you continue to be a subscriber.

ACT NOW! Please click on this 12631 hyperlink for more details about joining @RaginCajun and I inside our LIVE TRADING ROOM. 

The way we see it, the big winners will eventually take care of themselves–What we care about most is mitigating downside and not being stubborn with losers, and not taking on unnecessary risks. In addition, we strive to preserve a top shelf, quality atmosphere for traders of all backgrounds. We fuse together actionable idea flow with a constant emphasis on proper risk management techniques in our streaming, Twitter-like, state of the art chat room.

HAVE A HAPPY AND SAFE NEW YEAR’S EVE!

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I sold out of my BBBY long inside 12631 just now for a few point win. Earnings are January 8th, 2014, and I would rather take it down here than hold into or through the report. In particular, price hit the upper weekly Bollinger Band, seen below.

If housing stocks/homebuilders truly do reemerge in 2014, I favor some retail/housing complex stocks like BBBY PIR WSM.

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CSII WMGI are two medical device plays which remain in strong uptrends and are acting well today.

I would keep both on watch for early-2014, stalking benign pauses as entry points.

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Courtesy of The PPT algorithm, here are the most current top five readings from my “12631 RELATIVE STRENGTH” custom-made screen, identifying which stocks are exuding some of the best performances to the market at-large at any given moment.

I look for stocks whose Daily PPT Hybrid Score surges, while the Weekly Hybrid has been negative over the past week. This can often yield stocks which are emerging from consolidations.

Members can click here to view and save the screen.

Sorted for at least 500,000 shares of daily average volume to ensure liquidity.

Please click on image to enlarge.

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The weekly chart has been consolidating well at major highs, thus far.

Watch this important high end stock to see how it resolves, be it a major breakout or eventual rejection.

And drop me your top tickers for New Year’s Eve.

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While it is true that much of my blog centers around trading ideas and relatively short-term swing strategy, some of the brightest spots in 2013 have come from my long-term investment ideas.

Readers over the years know that I offer analysis on prospective long-term plays as well, be it looking for multi-year breakouts in DFS HNZ GIS K PEP TGT WMT, among others, dating back to 2010. All before the fact or in the very early stages of the breakout, and all in real-time. As always with my writing, the decision is ultimately yours, as it is your money. I do not discuss my long-term positions, so as not to confuse it with my swing trades. Beyond that, I want the focus to stay on the quality of my analysis (Obviously, if we are talking about penny or thinly-trades stocks, I will disclose whether I have a position. But these long-term plays are almost always hundred billion dollar firms of which I have no ability to move).

The big one this year has been WWE, a stealth yield play showing serious signs of a emerging from a treacherous multi-year downtrend (see my history on that one here).

In addition, the NYT was a long-term investment idea I wrote about in late-May here, with the stock at $10.78. Today, the stock is surging about $16 on heavy buy volume, amid takeover chatter. I still think a major bearish-to-bullish multi-year reversal is upon us.

Looking forward to 2014 long-term investment ideas, I have my eyes on a few badly-beaten down retail and materials plays.

Come check out our real-time idea flow inside 12631 before prices go up on New Year’s Eve.

 

 

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