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danielwilkinson

Market Wizard
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Everything posted by danielwilkinson

  1. $BABA 1st time it closed above $70 in 6weeks but failed to push above 50dma and now a critical level to watch before you enter long here
  2. Small Cap Bull 3x ($TNA) is now up almost $12 from the low in the $35's. Expect wild $5-$10 swings up and down in 2016 as these types of big moves will be very common this year. Buy TNA when it crashes, sell on the way up. TNA is my top stock to trade in 2016.
  3. SunEdison, Inc. ($SUNE) exploded higher Friday which capped off a large move this past week. SUNE will have resistance up at $2.77 going forward.
  4. $TSLA now the bulls are in a full control but they need to reclaim $198 the 50DMA n worth fighting so if u short get ready for final battle
  5. $AAPL bullish piercing line detected yesterday was a positive sign and probably 1st step of reversal process that many waited so long watch Volume
  6. Morgan Stanley (MS -3.38%) said its energy loan exposure at the end of Q4 was $15.9 billion, down from $17.2 billion at the end of Q3.
  7. Snyder's-Lance (LNCE +1.47%) climbed almost 2% in after-hours trading after it reported it will replace California Resources in the MidCap 400 at the close of trading Wednesday, February 24.
  8. Chegg (CHGG +2.69%) slumped over 20% in after-hours trading after it lowered guidance on fiscal 2016 GAAP revenue to $230 million-$250 million, below consensus of $281.8 million.
  9. Twitter (TWTR -0.05%) advanced over 1% in pre-market trading after it was upgraded by Raymond James to 'Outperform' from 'Market Perform.'
  10. $IBM today's bearish deliberation block is indeed a scary pattern but upside momentum may continue though it was weak yesterday.
  11. $CVX the bearish dark cloud cover is scary but upside momentum has some room to continue but watch your shoulders in case bears attack you.
  12. $DJIA gained 418.15 points (2.62%) last week, moved above 20dMA; S/T momo indicators trending up, but overbought.
  13. $SPX gained 53.00 points (2.84%) last week,moved above 20dMA; Short term momentum indicators continue to trend up.
  14. % $SPX stocks trading above their 50dMA jumped last week to 44.00% from 27.20%, remains in an intermediate uptrend.
  15. $SWHC SRP members took 1/2 off the table this week at 12-15% gains on a swing plan, and still holding 1/2 fwiw.
  16. $LABU $LABD We are still seeing $IBB at 204 which was our forecast several weeks ago, so any bounces likely short lived
  17. $AAPL still is underperforming but bulls managed to hold though bears still remain in the back yard. Price has not taken out OHR
  18. $FB the sudden bullish move have scared the bears but recent weakness remains and may provide opportunity to initiate a new short position
  19. ProShares Ultra VIX Short-Term Futures ($UVXY) continues to be volatile with the stock market. UVXY is a good ETF to own only when the market is dropping. Sell when it spikes or hold to hedge stock market long ETF's.
  20. Chipotle ($CMG) rebounded back to $480. Shares are now a strong buy below $440.
  21. Tesla ($TSLA) rallied back up near $160 on Tuesday. TSLA is a strong buy below $140.
  22. $JD last few sell off $22 zone was a solid support n it should bounce now back to $26 levels next few sessions. Project upside is 19.6%
  23. $AMBA from Friday's close, there is a good chance to see 18.45% gain in 2wks but play with caution this is very volatile n can fall 19%
  24. $CVX proved $80 being a solid support n anytime it touches these zones it bounces. $100 price target is very likely next 3 months.
  25. $TWTR financial gurus always recommend a strong buy at the wrong time as well as strong sell. Now, at $14 buy n forget it. 1100% return pspl
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