Exploring These Trading Setups for Wednesday

388 views

4343515498_2148869b9b_z

MHR REXX SGY are three independent oil and gas exploration stocks. They are all heavily-shorted and long ideas on further strength out of these tight price consolidations to try to play a squeeze higher.

______________________________________

MHR

______________________________________

REXX

______________________________________

SGY

Stock Trading Ideas and Explanations

562 views

Please see my notes on the following daily charts of long ideas to have in mind this week. Of course, given the corrective nature of the tape in recent weeks they all come with the caveat that the broad market must be more cooperative to breakout plays.

But there is no denying that they have outperformed the rest of the market and should be watched due to their relative and overall absolute strength.

Also, earlier today I published my Weekly Strategy Session, with thorough market analysis, relevant issue coverage, actionable trading ideas, and plenty of educational material. Please click here for more details (Members of the 12631 Trading Service inside The PPT receive the Strategy Session each weekend at no additional cost).

____________________________________________

BLMN

____________________________________________

KONA

____________________________________________

SN

____________________________________________

TK

Navigating Down the Narrow Canals

291 views

BGdqNEqCYAA4Rb9.jpg-large

If the market is going to immediately recover from last week’s selling for a thrust higher, then you can expect leadership to almost assuredly be far more pronounced that what we have previously seen in 2013. The many breakdowns we saw likely need time to heal, though some appear close to a tradable bounce.

In the event of further resilience on the part of bulls, consider the private equity and asset management firms. Blackstone appears to be taking on a leadership role of sorts, while the other related firms charted below all printed potential bottoming candles on Monday, in the form of a “hammer.” Keep in mind, a deeper broad market correction would easily render those hammers to be merely a short-term bottom for perhaps a few days, rather than a durable low for weeks or months, even with immediate upside confirmation.

In other words, we are still not out of the woods.

_________________________________________

BX

_________________________________________

GHL

_________________________________________

 

LAZ_________________________________________

SF

A Few Snakes in the Grass

281 views

enhanced-buzz-11512-1330241031-80

The following smaller cap stocks are bucking the weakness in the Russell 2000 Index today. Keep an eye on them for further strength going forward. Also note they may trade on the thin side in terms of volume. So, be careful with market orders.

(No positions in any of them at the time of this writing)

__________________________________

CLVS

__________________________________

RUTH

__________________________________

SONC

Cranking it Out

249 views

pictures_of_the_day_17-1

Here are two long ideas for Thursday (which is Friday, in effect, with the market closed for Good Friday).

If breakout plays are permitted to hold, these two look as ripe as any, with tight price patterns and sound buy volume.

_________________________

CHTR

_________________________

MRC

Four Short Squeeze Ideas to Put Bears in a Tizzy

1,009 views

BF1AfXFCIAE_elF.jpg-large

Here are four rather heavily-shorted stocks sporting charts ripe for a squeeze higher into next week. Note the impressive volume patterns in favor of the bulls at the bottom of each daily chart.

Also consider that a “max pain” market could easily see vicious short squeezes across the board as every last bear may need to feel the pain before the tide eventually turns for a true market correction. With that in mind, it is best to be prepared with sound ideas for such a scenario.

NOTE:  My thorough Weekly Strategy Session has been published and sent out to members this week. I am confident that you will find this week’s version to be of tremendous value in your weekly preparations for the market. It is never too late to sign up at a very reasonable price, so please click here for more details about subscribing or even making a one-time purchase (the subscription plans offer much better value over time). As a reminder, members of 12631 receive the Weekly Strategy Session at no additional cost, as it is included in their membership.

_______________________________________

HCI

_______________________________________

MHR

_______________________________________

WDAY

_______________________________________

WWWW

Exploring These Trading Setups for Wednesday

388 views

4343515498_2148869b9b_z

MHR REXX SGY are three independent oil and gas exploration stocks. They are all heavily-shorted and long ideas on further strength out of these tight price consolidations to try to play a squeeze higher.

______________________________________

MHR

______________________________________

REXX

______________________________________

SGY

Stock Trading Ideas and Explanations

562 views

Please see my notes on the following daily charts of long ideas to have in mind this week. Of course, given the corrective nature of the tape in recent weeks they all come with the caveat that the broad market must be more cooperative to breakout plays.

But there is no denying that they have outperformed the rest of the market and should be watched due to their relative and overall absolute strength.

Also, earlier today I published my Weekly Strategy Session, with thorough market analysis, relevant issue coverage, actionable trading ideas, and plenty of educational material. Please click here for more details (Members of the 12631 Trading Service inside The PPT receive the Strategy Session each weekend at no additional cost).

____________________________________________

BLMN

____________________________________________

KONA

____________________________________________

SN

____________________________________________

TK

Navigating Down the Narrow Canals

291 views

BGdqNEqCYAA4Rb9.jpg-large

If the market is going to immediately recover from last week’s selling for a thrust higher, then you can expect leadership to almost assuredly be far more pronounced that what we have previously seen in 2013. The many breakdowns we saw likely need time to heal, though some appear close to a tradable bounce.

In the event of further resilience on the part of bulls, consider the private equity and asset management firms. Blackstone appears to be taking on a leadership role of sorts, while the other related firms charted below all printed potential bottoming candles on Monday, in the form of a “hammer.” Keep in mind, a deeper broad market correction would easily render those hammers to be merely a short-term bottom for perhaps a few days, rather than a durable low for weeks or months, even with immediate upside confirmation.

In other words, we are still not out of the woods.

_________________________________________

BX

_________________________________________

GHL

_________________________________________

 

LAZ_________________________________________

SF

A Few Snakes in the Grass

281 views

enhanced-buzz-11512-1330241031-80

The following smaller cap stocks are bucking the weakness in the Russell 2000 Index today. Keep an eye on them for further strength going forward. Also note they may trade on the thin side in terms of volume. So, be careful with market orders.

(No positions in any of them at the time of this writing)

__________________________________

CLVS

__________________________________

RUTH

__________________________________

SONC

Cranking it Out

249 views

pictures_of_the_day_17-1

Here are two long ideas for Thursday (which is Friday, in effect, with the market closed for Good Friday).

If breakout plays are permitted to hold, these two look as ripe as any, with tight price patterns and sound buy volume.

_________________________

CHTR

_________________________

MRC

Four Short Squeeze Ideas to Put Bears in a Tizzy

1,009 views

BF1AfXFCIAE_elF.jpg-large

Here are four rather heavily-shorted stocks sporting charts ripe for a squeeze higher into next week. Note the impressive volume patterns in favor of the bulls at the bottom of each daily chart.

Also consider that a “max pain” market could easily see vicious short squeezes across the board as every last bear may need to feel the pain before the tide eventually turns for a true market correction. With that in mind, it is best to be prepared with sound ideas for such a scenario.

NOTE:  My thorough Weekly Strategy Session has been published and sent out to members this week. I am confident that you will find this week’s version to be of tremendous value in your weekly preparations for the market. It is never too late to sign up at a very reasonable price, so please click here for more details about subscribing or even making a one-time purchase (the subscription plans offer much better value over time). As a reminder, members of 12631 receive the Weekly Strategy Session at no additional cost, as it is included in their membership.

_______________________________________

HCI

_______________________________________

MHR

_______________________________________

WDAY

_______________________________________

WWWW

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