Dec 5, 2006
Altered VIFL yesterday and it doubled in pre-market. The lowest trade in pre-market was $2.50 at 8:03 ET. For momentum/news driven stock, it's rewarding to get in early.
Two sectors stand out today, and they are the China stocks and beverage stocks.
LBIX
looks attractive at the current price again. LBIX was a 100% gainer during the last profile, and it's now back to where we originally recommended. The risk is low at current point with a stop of $3.10. The sell target is at $4.50 or above.
Dec 4, 2006
CVV is the momentum stock for today on its nano-technology. The stock has a very small float, so it can move up again tomorrow. Monitor it.
The chart on AVCI looks very interesting. MACD is about to cross positive and have a three white soliders formation and closing above the 50 MA today. The chart looks very good for trade to 8.50 - 9.
E. Coli outbreaks in New Jersey. VIFL will benefit from the news. Based on the chart, $2.75 is very impossible due to low float, less than 1 million float.
Dec 3, 2006
Right now, I'm working on how to implement RSS on iTradestation, so the future update can feed directly to users without coming to iTradestation.com for the update, or at least getting notification.
As almost getting to the end of the year, I did a review on how iTradestation is doing on the stock picks month by month. The data below is taken whenever a stock reach my sell target or they reach the stop limit. Remeber the actual gain is lower than the maximum potential gain as many of the stocks go higher than my sell target.
Jan 06 - 25.33%
Feb 06 - 8.17%
Mar 06 - 16.30%
Apr 06 - 9.39%
May 06 - 0.33%
Jun 06 - 6.63%
Jul 06 - (0.2%) negative return
Aug 06 - 13.01%
Sep 06 - 0.82%
Oct 06 - 25.22%
Picks reached stop limit: 50 and picks have a positive gain: 62
So far, I had put up at least 112 picks from January to Oct 29, and about 55% of the picks are positive return. I personally do not like this number at all as it is way to low per my own standard. My goal for next year is to improve batting average. I may cut down the number of picks in the future to eliminate those stocks giving negative return and give a better selection. Also, the number do not include stocks that we discussed in the forum or market update. As many of those gives a good returns such as TGEN, ANGN, SOIGF, etc. I just do not have the time to put them up separately. My goal was never to charge money on stock update or any recommendation. It's a place to share knowledge and money marking opportunity, especially for the inexperience traders. Enough said on the review.
FPP
, BTJ, and ELSE are up along with crude oil on Friday. So far, the prediction on oil price surging up post the election seems to be right. The weather in N. American is cooling down much since last week and will continue to be cold for the rest of week. This should help to drive the oil price up.
BTJ
is about to enter an unchartered territory as making new 52 weeks high. $25 is very possible.
The U.S dollar just fall to 20 months low against the euro. This is one reason why precious metal is up. Time the entry on gold and copper stocks, and it's likely for them to go up higher.
I was going to profile RFIL, but it is not the perfect timing for it yet, so I'm holding it off. RFIL will not post its annual earning until 2007 historically.
I'm monitoring CSCO for a potential short selling opportunity as it's overextended.
GRIN and BNSO are also on my radar now.
Go to www.itradestation.com for the latest update