| Dear Fellow Trader, *** There is a glitch using Firefox today, the charts will not load, so if you can use Explorer you will be able to see them. I will make sure it’s fixed for tomorrow. Wednesday was definitely positive as the market is grinding it’s way up… The Market The Nasdaq is slowly pushing outside of the resistance as demonstrated by the QQQQ chart.  MicroCap Hot Stocks I will start as usual with the stocks that we hold position on the basis of a future move. One of the first is PGYC and they had a big news today and i think that slowly the value of what they have will start to get recognized in the market. The charts look definitely good here. 
LVLV is also doing well here being accumulated progressively.
ABTG that we showed this yesterday is looking to go up from here, the entry was about 0,16 so you can still take a shot at it tomorrow as the entry is not far..
Now i have a few other names that are good to start following. ACTC has this tight accumulation pattern that we like.
GWGI might stabilize somewhere and it could resume to the upside fast.  SSLR also could comeback a little bit toward the base around 0.34- 0.35 and i would like to buy a few, as it should resume to the upside.  |
| Featured HOT Stock HLX has moved as we had mentioned in the last few days and triggered but it didn’t move much yet and the volume increase is not really there…
TTI triggered also.
PCX seems ready to go and look at the volume increase today. 
ANR is getting closer to it’s downtrend line, maybe ready to break-out…
Have a great Trading week ! |
| Dear Fellow Trader, Tuesday was another seesaw day in the market. This market is tired after a 35 days run, so we are waiting to see what it wants to do.. The Market Not much to say other than we had again a very low volatility day with an inside day again.
I received a very interesting email yesterday on PGYC (and please send me email if you have questions at info@HyperGrowthStock.com and give me a day or 2 to answer them) In any case this email was about the fact that people think PGYC is a fraud, because they read that on Chatroom. And people get shaken out of good trades because of hearsay. And if you speak with the best traders, most of the time the best trades are the scariest to take, like this GNBT around $0.26 – $0.28. And i know that for many people they follow these boards, but in my view it’s never as good as a chart, because the chart basically incorporate all the information available, all the opinions and also all the information not available to the public yet ! And that’s key because with MicroCaps you want to play where and when the bigger investors trades. Here is what i wrote yesterday about PGYC (i only updated the charts): I will repeat this, because i am sure people might not see this but there is definitely someone buying this around 0,035 because i try to and i only get small lots. This is very bullish for me, i expect this PGYC to explode when it resume, just think about GNBT’s action and CTIC, similar pattern of accumulation and these are the one i really like…
PGYC Weekly chart show something also very interesting, the ride down from around 0,228 to the lows was done on very low volume and like any chartist would see, this stock can go back up to the 0,20 level quite easily and if it pushes through it, watch out…
This other stock i like is doing nothing wrong, just holding where it should and being accumulated slowly, also they had another pieces of news and the stock will certainly start moving soon.
ABTG is maybe resuming the upmove, let’s watch it
PSPM has been holding well and consolidating for a few days, this base could also be a safer entry to join this stock, i would go for a small position around these levels and be ready to add if it take off over 0,72..
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| Featured HOT Stock CYOU hit the buy point of $30 tuesday but promptly went nowhere. This is often a sell signal, because at key buy points massive buying should follow to propel the stock higher rapidly… 
TTI has a nice cup and handle pattern, it could go higher soon when it clear this area. Buy point is over $6,00 on heavy volume.
Earnings were out for SLG tuesday and they were positive above last years numbers. This stock now has a P/E of 3 and a yield of 7%. And these numbers could help support this stock. A move over $20 on strong volume would be a buy point.
BAC is looking down now and unless it breaks the upper trendline, it will go back to 6,75 area…
Have a great Trading Day ! |
| Dear Fellow Trader, Monday brought with it a great surprise in the GAP UP of GNBT, who would have guessed this one. Knowing it was going up was easy, but that it would gap up almost double it’s price, that was suprising, i guess that the Swine Flu had something to do with it.. So we are up 117% at $0.61 and it traded to $0.70 after-market. I hope you sold at least 1/2 to take some profit. I still hold a 1/3… The Market The 3 general index had an isnside day, i.e. the trading happened within friday’s range. SO this means low volatility and normally when you have low volatility, powerful moves follow after, now we need to see if it will be up or down. Because everybody thinks it will be up, i would have a tendency to see a move up and the chart supports that as well.
The SP500 is showing almost the same thing.
The Emergency Swine Flu pick of yesterday did well but without us….it gapped up too much for me…I wish i would have been quicker last friday, the entry and chart were perfect, as if somebody knew about this Swine Flu coming.. For educational porpose, look at the tight range just before friday’s push, low volatility after wider range will bring expansion again….
CDE stayed within it’s range and stayed very tight all day, so i would expect this stock to resume it’s move up in the next few days.
I will repeat this, because i am sure people might not see this but there is definitely someone buying this around 0,035 because i try to and i only get small lots. This is very bullish for me, i expect this PGYC to explode when it resume, just think about GNBT’s action and CTIC, similar pattern of accumulation and these are the one i really like…
PGYC Weekly chart show something also very interesting, the ride down from around 0,228 to the lows was done on very low volume and like any chartist would see, this stock can go back up to the 0,20 level quite easily and if it pushes through it, watch out…
Here is more information about why GNBT was a good buy and an intelligent trade. The 0,25$ support i was seeing from bigger investors/traders is what provided a floor and i accumulated with them….yesterday was the payday ! You only need 1 or 2 a month of these, but it seems we are getting more these days….The worst part is i think this move will continue a bit…
Let this one comeback to proper levels….
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| Featured HOT Stock Look for these airlines, as they will create opportunities once the Swine Flu is about to be over….but not yet. 
CYOU is a recent SPIN-OFF of SOHU i think and if it could push through the 30$ on volume it could fly….but let’s it consolidate for now…
It wants to go, but was not able to make it ….we need to watch this …
Have a great Trading week ! |
| Dear Fellow Trader, Tuesday’s rally may have negated the bearish pattern shown here in the charts over the past few days, but we’ll know more in the next day or 2. The financials lead the way after Geithner mentioned that most banks have enough capital…Meanwhile let’s look at our microcap stocks. CHID is coming back into a better zone, but we still need to wait for a good entry point.
PGYC is still in it’s uptrend, while i would have prefered another move up but that’s ok.
LVLV is having more volume and yesterday it had a PR announcing a new financing, we’ll see what will happen next, but here is the time to get a small position if not already done.
ECET is one to watch as 3.2M in volume doesn’t appear without a reason !!!
Just to make sure you still keep an eye on this one.
GNBT is also not doing much, but in time it should move.
CTIC is another one.
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| Featured HOT Stock NOW onto the larger cap, PKG is one that could continue it’s surprise move of yesterday. Think about the pain the bear of monday had to endure yesterday at the open. and this kinf of push could continue up to $17.25 area (200MA in red).
DRYS is another one that can continue up and take over the high of monday.
This one is at it’s 200MA and it could halt it’s move, but with strong volume it could keep pushing up with the rest of the sector, but you need to find an intraday entry point.
COST broke this descending wedge and could be up for a few here.
CRM is another one to watch closely.
Have a great Trading Day ! |
| Dear Fellow Trader, All major index were green yesterday and it was done on increased volume compared to wednesday for each of them, which is very bullish. The market stays within that tight up channel, possibly the market will grind it’s way up to the resistance level around 34…(Horizontal Blue Line). In the large cap section i will give you other ideas….
Now for the Microcap, a few things were worth noticing. First PGYC had an important news concerning the filing of disclosure documents. I think it’s a positive to see that the company is providing whatever they can to make sure we get as much transparence as possible. In any case PGYC charts look just great at this level, but i am looking for some action soon…
Also CBAI had it’s first day in a long time where it had a Close above the previous day’s high. Which could be a buy signal for the more aggressive traders.
Another one to follow is CHID, as a move might have just started, let’s watch it and let’s not get too aggressive here, as a pullback is needed for me.
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| Featured HOT Stock JPM finally moved, but nothing too impressive, as most stocks are starting to be tired a bit, some rest is needed (sideways or pullback to resume this uptrend in full force) Now, one stock that moved well intraday yesterday and that was fun to trade was FRPT, it broke past the point i mentioned monday, with volume. Look at the increase in volume, this is good.
Use a 60 Min charts to find another entry on this FRPT. 
BRCM is like all the SEMI and they have followed the financials in this Rallye which confirm even more the substance behind what we since March.
Have a great Trading Day ! |
JPM reported Q1 earnings down 10% from a year ago, but we will see what the street really expected by todays action, it could be the catalyst that will have the market continue higher again or will get us started in a healthy pullback.
In the MicroCap area, CBAI had some interesting news, but we have yet to see a higher closing
for many days…
LVLV is still a buy candidate for us, as the company keeps releasing new applications, and the stock is calm but stays where it is around 0,03 to 0,04, so take advantage of it.
OCFN has more volume coming in, nothing spectacular but with the news that it’s Proforma Book Value is at $0,86, who knows what can happen if some real promotion is done…but in any case we talked about it 2 days ago and it more than doubled from the price it was monday (intraday wednesday).
JPM is retreating in pre-open trades just after releasing it’s earning, the first 30 minutes of trading will determine a lot. Can it trade over 33 on heavy volume ?
Another stock to watch that could move today if the market is positive is MBI
Have a great Trading Day !
