Last year was tough for anyone long-myself included
So let's gladly welcome a new year, a new thread, and new stocks in play.
The last thread still contains the best ever fully documented, time-stamped record of strong, short-term movers.
Nobody has ever shown otherwise. But it was fun to watch some try. Unfortunately, it became cluttered with nonsense
Subject 26035
Almost all picks will still continue to go to subscribers prior to posting here. More extensive insight offered to them as well
As in the past, picks are based on trading patterns combined with investor sentiment. Only a cursory review of fundamentals is factored into trading plays. Historically, the overall market environment will ultimately dictate an issue's direction, so that's where more consideration should be paid. Short-term trends don't read the fundamentals.
Study the charts along with the intraday activity and take profits frequently. Put emotions and "love" aside and patiently wait for the next dip. If that doesn't come, enjoy your long position and move on.
Long calls are based upon my own opinions of the company's dominance in their market or field. Monitoring, portfolio assessment, and more DD is needed if one were to hold beyond a trade.
These first three should offer both trading opportunities the next week or two as well as solid long-term investments.
15-20% short-term gains expected.
IATV- 4 1/4 ask- should see quick pop to 4 13/16-7/8 area this week
COOL- 1 1/8 ask- 1 3/8- 1/2 target for this week-
ELON-- 16 1/2 ask-17 7/8-18 target for week.
Good Luck and Happy New Year
Jon@ScottOnStocks.com
scottonstocks.com |
