Vegas Baby!

My flight is booked, I’m ready to go. Fly has announced the guest speakers on the conference page, and I’m thrilled to meet Jeff Macke. I’ve always liked Macke since fast money. It’s a shame he left, because the show is almost unwatchable now.

I encourage all of you long time readers of iBankCoin to think hard about this trip. It may be the only conference put on by Le Fly.

The material you will learn from Option Addict will not just be about options. He will teach you how to understand the market and what he looks for before making a trade. He’s been one of my biggest mentors, and can definitely be a friend to you. Save yourself the headache of trying to learn everything yourself, and learn from a pro.

Beside the seminar, what’s better than the finance community out for a weekend in Veags?

No excuses guys. Find a way to get your hall pass and meet me at the poker table. Sign up here: CLICK HERE

Possible Shorts

________

This post will likely mark some sort of short term bottom, but if things heat up to the downside, this post will provide you with some ideal short candidates.

One of my go-to short screens (it’s been a while since I had to use one), can be found HERE for PPT members. This particular screen searches for stocks with a fundamental score below 3 (meaning sub-par financial statements),  technical score below 2.5 (meaning poor charts), and a net cash per share/price under 0.1.

I’ve imported today’s results from said screen to finviz for your viewing pleasure: CLICK HERE FOR RESULTS

Charts of interest include: AGNC, SBUX, LNG, SRC, WDAY, PANW, LNKD, MLM

_____

I’m open for anything given the carnage in select names on Monday. I’ll be ready for a bounce should we get one, but I will ever so quietly begin to start building a list of go to names on the short side.

Good luck this week fellas.

Today’s Movers

Here’s a look at the hardest hit areas:

Screen Shot 2014-09-22 at 2.05.16 PM_____________

Here are the industry leaders today (not many):

Screen Shot 2014-09-22 at 2.05.56 PM_________

Here are the top individual Hybrid movers on the day:

Screen Shot 2014-09-22 at 2.06.49 PM_____________

Here are some other notable stocks on the move, CLICK HERE FOR CHARTS

ETFs rising on unusual volume, CLICK HERE

ETFs falling on unusual volume, CLICK HERE

Morning Update

I’ve sold out of my TWTR & WB positions for gains, while taking loses in two names from friday, CERS & JMEI. I’m back to cash in my trading account, and my watchlist has just about dried up.

The market looks ready to come in here, but I wouldn’t be surprised to see the dip buyers out in full force later in the day. The PPT is nearing an oversold signal, but not quite there. BABA is finally trading so one has to ask the question, is this the top?

It doesn’t feel like a top, but I also don’t like what I’m seeing here on the long side of things. I’m content sitting in cash for the time being while the market figures itself out.

Here’s a look at today’s high volume/hybrid movers: CLICK HERE FOR CHARTS

Weekend Top 100

Here is your weekly look at the top 100 ranked stocks inside The PPT. Please note that the following list is sorted by volume not ranking:

CLICK HERE FOR ALL 100 CHARTS

Charts of interest include:

deck whr irdm dtv t

Be sure to follow along inside our trading room, 12631, as we look to trade a few of these setups next week. PPT Members can also save this screen and view the actual rankings HERE.

$TTWO takes the #1 spot this week.

Vegas Baby!

My flight is booked, I’m ready to go. Fly has announced the guest speakers on the conference page, and I’m thrilled to meet Jeff Macke. I’ve always liked Macke since fast money. It’s a shame he left, because the show is almost unwatchable now.

I encourage all of you long time readers of iBankCoin to think hard about this trip. It may be the only conference put on by Le Fly.

The material you will learn from Option Addict will not just be about options. He will teach you how to understand the market and what he looks for before making a trade. He’s been one of my biggest mentors, and can definitely be a friend to you. Save yourself the headache of trying to learn everything yourself, and learn from a pro.

Beside the seminar, what’s better than the finance community out for a weekend in Veags?

No excuses guys. Find a way to get your hall pass and meet me at the poker table. Sign up here: CLICK HERE

Possible Shorts

________

This post will likely mark some sort of short term bottom, but if things heat up to the downside, this post will provide you with some ideal short candidates.

One of my go-to short screens (it’s been a while since I had to use one), can be found HERE for PPT members. This particular screen searches for stocks with a fundamental score below 3 (meaning sub-par financial statements),  technical score below 2.5 (meaning poor charts), and a net cash per share/price under 0.1.

I’ve imported today’s results from said screen to finviz for your viewing pleasure: CLICK HERE FOR RESULTS

Charts of interest include: AGNC, SBUX, LNG, SRC, WDAY, PANW, LNKD, MLM

_____

I’m open for anything given the carnage in select names on Monday. I’ll be ready for a bounce should we get one, but I will ever so quietly begin to start building a list of go to names on the short side.

Good luck this week fellas.

Today’s Movers

Here’s a look at the hardest hit areas:

Screen Shot 2014-09-22 at 2.05.16 PM_____________

Here are the industry leaders today (not many):

Screen Shot 2014-09-22 at 2.05.56 PM_________

Here are the top individual Hybrid movers on the day:

Screen Shot 2014-09-22 at 2.06.49 PM_____________

Here are some other notable stocks on the move, CLICK HERE FOR CHARTS

ETFs rising on unusual volume, CLICK HERE

ETFs falling on unusual volume, CLICK HERE

Morning Update

I’ve sold out of my TWTR & WB positions for gains, while taking loses in two names from friday, CERS & JMEI. I’m back to cash in my trading account, and my watchlist has just about dried up.

The market looks ready to come in here, but I wouldn’t be surprised to see the dip buyers out in full force later in the day. The PPT is nearing an oversold signal, but not quite there. BABA is finally trading so one has to ask the question, is this the top?

It doesn’t feel like a top, but I also don’t like what I’m seeing here on the long side of things. I’m content sitting in cash for the time being while the market figures itself out.

Here’s a look at today’s high volume/hybrid movers: CLICK HERE FOR CHARTS

Weekend Top 100

Here is your weekly look at the top 100 ranked stocks inside The PPT. Please note that the following list is sorted by volume not ranking:

CLICK HERE FOR ALL 100 CHARTS

Charts of interest include:

deck whr irdm dtv t

Be sure to follow along inside our trading room, 12631, as we look to trade a few of these setups next week. PPT Members can also save this screen and view the actual rankings HERE.

$TTWO takes the #1 spot this week.