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Friday, March 20, 2015

March Week 3 Review

Just adding one stock to our weekly watchlist, $HELE broke out through 80, not with huge volume, we'll see if today shapes a FTD with higher volume.

Other great looking stocks $BJRI $ORLY $REGN.

Several growth stocks are still extended since january uptrend, not a lot a of opportunities these days, but we like to keep our watchlist updated.

Friday, March 13, 2015

March Week 2 Review

Doing a recap on this week, $JRN reported earnings that toped market expectations, so we bought back our shares because is still looking good for higher prices, not a large position because we are not fans of cheap stocks.

$MYL broke out on 3x above avg volume, we are adding on todays pullback, but still not a large position.

$BJRI has nothing wrong, is working as expected, we stopped out, per our rules, but if you still have your shares the action looks pretty normal. Probably will buy them back if the markets rebounds.

Market is in a correcting stage as we expected on previous weeks, small caps $IWM bounced strong from 50-day as well as $QQQ but $SPY is still struggling with 205.95 level, if by the EOD $SPY closes above this area next week could be a positive week and we would add on our current positions.

Click to enlarge the graphics. Have a great weekend.

Friday, March 6, 2015

March Week 1 Review

Find below this 3 guns, despite main indices are pulling back, most leaders are holding up well, I took some profits last week but know I'm adding again on this 3.

Trade wisely wolfies.