Friday, March 31, 2017

Trading Rules VS Trading Guidelines

Forget about trading rules and think more about trading guidelines. So many trading rules get thrown around Twitter, it's nauseating. Some rules are from the 90's, some from the 80's, 20's, etc. I think in trading you should think more in guidelines than set in stone rules. The outcomes of trades will have you rethink what you do multiple times throughout the year.

The rules are endless; 200-day moving average rule, average down rule, don't let a winner turn into a loser rule, don't buy stocks in downtrends, etc.

Your guidelines about trading should be based on the commonalities that drive a stock within your trading timeframe. In other words, if your average holding period is 30 days then find out the commonalities of the best-performing stocks in the last 30 days for the next six months. You will probably realize that it is all about momentum within that time frame. If your holding period is quarters to years, then you will probably come to the realization that earnings, story, growth, etc. matter more.

Today when I did a quick scan of the best-performing stocks in the last 34-days, 80% of them share one market structure commonality. If you do this for the next six months, you'll notice that this market structure phenomenon happens consistently.

As of today, 51 stocks are up 25% or more in the last month, 78% of them share the same commonality as the above study. It's a market structure thing.

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Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.

The Small Cap Index On A Five Day Winning Streak

The Small Cap Index (small-cap 600) was up every day this week, five consecutive higher closes. For long-term investors, this is meaningless, for traders it might not be the best time to get overly aggressive, perhaps, slow down for the next 5 days.

In the last five years, (up 5-days in a row) it has happened 21 times, the average final return five-day return has been +0.13%.

Click to Enlarge

Totals and average return for lowest return, highest return, and final return in the next 5-days.


Obviously, there is no edge in trying to short, but there is a slight edge in slowing down. The Small-cap index has only been up 6 consecutive days 13 times in the last 5-years, and only 5 times up seven days in a row.




SIGN UP HERE FOR OUR STOCK PICK OF THE WEEK.


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.


Swing Trading Watchlist

The SPY (SP500) is back at a level that can offer some short term resistance; $236-$237. For traders that can have some short-term consequences, for investors is pretty much meaningless.

I have a few stocks on my watchlist today; $BZUN, $V, $GXP, $AMBA, $KEM, $HSIC, $NVRO, $IPGP, $PARR.

$V and $AMBA are two stocks that printed inside days yesterday, and both saw some call option activity. I have an interest in these two stocks if and only if they go through yesterday's high.



$KEM and $HSIC also look ready to a second leg higher after 3+ weeks of sideways action.


The semiconductor stocks have been on fire, $IPGP has been moving sideways after a leg up, it looks ready for its second leg higher. Volume is an issue with this stock.


$GXP and $PARR two oil-related names that have been basing for months, stocks that breakout from long bases tends to start a new leg higher that lasts weeks to months versus just showing a short-term burst that lasts 1-10 days.


Stocks move in short-term bursts that typically lasts 1-10 days, that's every stock. We have an interest in the names above if and only if they can get through yesterday's high. This single criterion will narrow the list for you and get you involved in the stocks that are beginning their move.

SIGN UP HERE FOR OUR STOCK PICK OF THE WEEK.


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.

Wednesday, March 29, 2017

An Interesting Finding That Probably Means Nothing

The great Urban Carmel from Fat-Pitch.blogspot.com pointed out that the average intra-year decline when the SP500 has been positive January and February is roughly -7 to -9%.


The reason why he is highlighting only the years in which the market was up January and February is that historically when January and February are up months the market does very well for the entire year.  Since 1950 when the SP500 was higher the first two months 26 times, 24 of those times it was higher by year end. Here's the research by Ryan Detrick.


What I found interesting was that most recent pullbacks under this January-February criteria have commenced in the month of May.


  • 2013 it was a 1-month shake out that started in May.
  • 2012 a 1-month shake out that also happened in May.
  • 2011 a 19% pullback that started in May.
  • 2006 an 8% pullback that started in May.
  • 2004 March.
  • 1998 July.
  • 1997 February.
  • 1996 May.
  • 1995 July.
  • 1993 March.
This does not mean that you sell in May and go away, but should be on the look out for quick shakeouts.


SIGN UP HERE FOR OUR STOCK PICK OF THE WEEK.


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.


The Music Is Still Playing

The market had a decent bounce yesterday led by the oil names that have been under pressure since December. We touched on two interesting oil plays yesterday that are due for a bounce LINK.

The big liquid names like AMZN, NFLX, FB, AAPL, are still holding up well. Newer names like SHOP, LITE, AAOI, are also acting very well.

The less news you consume, the better off you are, and trading should be part of an overall portfolio that also has a passive component.

Here's my watchlist for today;


I have an interest in these stocks if and only if they go through their respective previous day's high. Like Pradeep Bonde says; stocks move in momentum bursts that last 1-10 days. Here are few examples;




We have an interest in these stocks if and only if they can get through yesterday's high plus .10-cents, that is typically where our buy stops will be. This single criterion will narrow down the list to a handful of names unless of course, the market is super strong. You can also narrow down the list by float, price, sector, or whatever your preferences are, I prefer to allow the market to narrow down the list for me, by getting me in or keeping me out.

SIGN UP HERE FOR OUR STOCK PICK OF THE WEEK.


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.


Tuesday, March 28, 2017

Two Interesting Oil Plays

The energy sector (XLE) peaked back in December and its down -13% since then. However, $SN and $WFT are two energy stocks that look interesting to me right here right now.

Weatherford International has shown tremendous relative strength versus the sector as you can see in the chart below, it has gained +27% year to date versus -9% for $XLE.


The outperformance comes from some key news announcements;

  • The departure of their CEO on 11/9/2016, the stock jumped 31% on the news.
  • The hiring of Halliburton financial chief to run the company on 3/6/2017, the stock jumped 8%.
  • A joint venture with Schlumberger to service the fracking industry in the U.S. and Canada. $WFT will own 30% of the joint venture and receive a one-time $535 million cash payment that will help them deleverage their balance sheet.


There has been tremendous pressure in the energy sector, any relief should send $WFT higher. This new deal with SLB and the cash infusion should relieve a lot of pressure from the balance sheet and cast doubts to the short sellers. Currently, 15% of the float is short, and the short interest ratio is 4.3 days, the recent joint venture announcement could make some short sellers cover their shorts.


Sanchez Energy ($SN) is the other energy stock that looks interesting here.  On 1/12/2017 Sanchez Energy announced that it entered into a strategic 50/50 partnership with Blackstone ($BX) to acquire 318,000 gross operated acres from Anadarko Petroleum.

The news caught the Street by surprise, $SN which at the time was trading 2.4 million shares daily, traded 17 million shares the day after the announcement and 19 million the day after, the stock jumped from $8.70 to $14.00.  The stock since then has given up the entire gain of the deal and sits on its 200-day moving average. Here at these levels, you have an opportunity to own the stock at the same level it was before the partnership that took the stock 60% higher 2-months ago.

$SN is also heavily shorted, 23% of the float is short.

Weekly Chart.



The energy sector is due for a bounce, $XLE is down 8-days in a row.

SIGN UP HERE FOR OUR STOCK PICK OF THE WEEK.


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.


Thursday, March 23, 2017

Indices Hold Ground, Stocks Continue To Bleed

There was a pause on the downside action yesterday, the small caps were flat, SP500 up 4 points, and the Nasdaq led by $FB, $AMZN, $AAPL, was up +.48%.

Breadth was still on the negative side, while the indices were flat to up 1,426 stocks registered new 1-month lows.


Typically, spikes in 1-month lows lead to short term bounces that are followed by a lower low on the indices.

I have a few names on my watch-list today; $LJPC, $AGN, $BRKB, $HAL.

$LJPC on 2/27 announced positive top-line results from a phase 3 study, the stock surged 90% the next day. What's interesting is that five different insiders picked up 105k shares in the open market after the stock made the huge move. I like this stock if and only if it can get through yesterday's high.


Oil was the first sector to lose momentum, the sector peaked in December and has pulled back a little more than 10%. Over the last few days, the downside momentum has eased and a few oil names like $XOM, $CVX, have shown some stabilization. I mentioned $XOM as a possible character change play with the 10-20 day moving averages now acting as support after acting as resistance for 57 trading days. $XOM also sport a decent yield.


But today I'm also focusing on $HAL, the stock has pulled back to potential weekly support, and on the daily, it has been down for 5-days in a row. I have an interest in the stock if it can get through yesterday's high.


$AGN and $BRK.B two stocks down multiple days in a row that are down to potential support levels, I have an interest in both stocks if they can get through yesterday's high.


SIGN UP HERE FOR OUR STOCK PICK OF THE WEEK.


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.

DISCLAIMER

Tuesday, March 21, 2017

Indices Barely Down, Stocks Murdered

The SP500 went 109 days without a negative -1% close; we ended the day down -1.24%.  Now, -1.24% does not seem like a lot. However, individual stocks were murdered today. 526 stocks were down -4% or more today, the highest number since 9/9/2016. Spikes in stocks down -4% or more usually lead to a short-term bounce, but then it is typically followed by a lower low on the indices days later.


We also had 1,121 new 1-month lows, 558 3-month lows, and 572 new year-to-date lows. The measly -1.24% loss in the SP500 doesn't tell you a quarter of the story.

This is how the SP500 sectors fared today;


SIGN UP HERE FOR OUR STOCK PICK OF THE WEEK.


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.

DISCLAIMER

Thursday, March 16, 2017

The Fed Is Out Of The Way

The Federal Reserve raised rates by a quarter of a point, and the market reacted well to the news. The biggest laggards over the last couple of weeks were the biggest winners yesterday; Small caps and oils.  The bank stocks lagged and that probably was due to Yellen's comments about future rate hikes, they are not written in stone.

$WTW, $EXAS, $NTES, $QTNA, $LITE, $GS, $FIVN,  are the stocks on my watchlist today.


We have an interest in these stocks if and only if they can get through yesterday's high plus .10-cents, that is typically where our buy stops will be. This single criterion will narrow down the list to a handful of names unless of course, the market is super strong. You can also narrow down the list by float, price, sector, or whatever your preferences are.

These ideas are what we consider swing trades that can last anywhere from 1-10 days. Most stocks if not all go through momentum burst that lasts 1-10 days, that momentum burst is what we look to take advantage of.

SIGN UP HERE FOR OUR STOCK PICK OF THE WEEK.


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.

Monday, March 13, 2017

Seasonally Strong Week

The big news of the day is Intel's (INTC) acquisition of MobilEye (MBLY) at a +30% premium.

The big news of the week is and will be the rate hike this Wednesday.

Seasonally this week has been a very positive week for the market as you can see in the chart below.


$BABA, $FIVN, $NTES, $TEAM, $YNDX, $TNA are the stocks on my long-only watchlist today.


We have an interest in these stocks if and only if they can get through yesterday's high plus .10-cents, that is typically where our buy stops will be. This single criterion will narrow down the list to a handful of names unless of course, the market is super strong. You can also narrow down the list by float, price, sector, or whatever your preferences are.

These ideas are what we consider swing trades that can last anywhere from 1-10 days. Most stocks if not all go through momentum burst that lasts 1-10 days, that momentum burst is what we look to take advantage of.

SIGN UP HERE FOR OUR STOCK PICK OF THE WEEK.


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.


Wednesday, March 8, 2017

Just Resting

The market continues to rest, the SP500 is holding up well, IWM is the weakest, and the  QQQ has been the best performer.

One and three-month lows are expanding but nothing to alarming as of yet.

Russell 2000 vs 5-day average of 1-month lows.

Russell 2000 vs 5-day average of 3-month lows.


Today's Watchlist; $CTRL, $NTES, $CSII, $TARO, $YNDX, $LNG, $LRN.


SIGN UP HERE FOR OUR STOCK PICK OF THE WEEK.


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.

DISCLAIMER

Tuesday, March 7, 2017

Taking A Break

The market has been under pressure ever since over the last few days, and it has given up the entire gain of the feel good 1-day rally that we had after the Trump speech.

The focus now seems to be on the imminent rate hike that will happen next week.

There's not much to do here. SP500 stocks at 20-day highs have fallen off a cliff, but a more important barometer (20-day lows) has only seen a small expansion. An expansion of lows is more important than a deterioration of highs.

SP500 STOCKS 20-DAY HIGHS

SP500 STOCKS 20-DAY LOWS

I have a few names on my long-only watch-list; $CLF, $FIVN, $LNG, $IIVI, $OAS, $ERX, $GUSH.

Oil stocks seem to be firming up a bit so I will pay close attention to $ERX and $GUSH.


We have an interest in these stocks if and only if they can get through yesterday's high plus .10-cents, that is typically where our buy stops will be. This single criterion will narrow down the list to a handful of names unless of course, the market is super strong. You can also narrow down the list by float, price, sector, or whatever your preferences are.

These ideas are what we consider swing trades that can last anywhere from 1-10 days. Most stocks if not all go through momentum burst that lasts 1-10 days, that momentum burst is what we look to take advantage of.

SIGN UP HERE FOR OUR STOCK PICK OF THE WEEK.


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.

DISCLAIMER

Friday, March 3, 2017

New Lows Are Not Expanding

It's only natural for the market to pullback after such a huge up day. However, the pullback to me in stocks and the actual indices was a little more than what I was looking for.

The SPY, IWM, COMPQ, all closed below Wednesday's low.


Only time will tell if it means anything, one thing is for sure; you can point out breadth divergences across the board, but new lows are not expanding. The expansion of new lows is more important to breadth measures than stocks not printing highs while the SP500 is.

I have a few stocks on my list today; $INVE, $CNAT, $FIVN, $TEVA, $QTNA.


We have an interest in these stocks if and only if they can get through yesterday's high plus .10-cents, that is typically where our buy stops will be. This single criterion will narrow down the list to a handful of names unless of course, the market is super strong. You can also narrow down the list by float, price, sector, or whatever your preferences are.

These ideas are what we consider swing trades that can last anywhere from 1-10 days. Most stocks if not all go through momentum burst that lasts 1-10 days, that momentum burst is what we look to take advantage of.

SIGN UP HERE FOR OUR STOCK PICK OF THE WEEK.


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.


Thursday, March 2, 2017

Now You Wait

The market had a huge up day yesterday; the Dow Jones was up +300 points, and the SP500 was up 1.37%. These are both big days after a decent move higher.

There's not much to do here as far as swing trading; you take some off and ride the rest. I would not be aggressive putting on new positions until the market corrects either through time or price.

Our stock of the week $CALA had a huge day yesterday up 28%. The report was released yesterday at 4:00 in the morning, you can sign up for our stock of the week report HERE.

We only have three stocks on our watchlist today; $CNAT $QTNA $NFLX.


We have an interest in these stocks if and only if they can get through yesterday's high plus .10-cents, that is typically where our buy stops will be. This single criterion will narrow down the list to a handful of names unless of course, the market is super strong. You can also narrow down the list by float, price, sector, preference, etc.

These ideas are what we consider swing trades that can last anywhere from 1-10 days. Most stocks if not all go through momentum burst that lasts 1-10 days, that momentum burst is what we look to take advantage of.

SIGN UP HERE FOR OUR STOCK PICK OF THE WEEK.


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.

Wednesday, March 1, 2017

The Market Loves Trump

The market loved the Trump speech, Dow Futures are up +160 points as I write this.


Starting new swing long positions into a huge gap open is not one of my favorite things to do.

I have a few stocks on my watchlist today, I will pay extra attention to $TEVA, $ERX, $GUSH, $OAS $SN, and $CNAT.

Here's the rest of the list;


We have an interest in these stocks if and only if they can get through yesterday's high plus .10-cents, that is typically where our buy stops will be. This single criterion will narrow down the list to a handful of names unless of course, the market is super strong. You can also narrow down the list by float, price, sector, preference, etc.

These ideas are what we consider swing trades that can last anywhere from 1-10 days. Most stocks if not all go through momentum burst that lasts 1-10 days, that momentum burst is what we look to take advantage of.

SIGN UP HERE FOR OUR STOCK PICK OF THE WEEK.


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.