Thursday, December 21, 2017

Finding Stocks Before They Breakout 12/21 Edition

Finding Stocks Before They Breakout

1. What matters most in the Short-term 
2. The $MARK scan. 
3. Inside days. 
4. Sell on the way up, scratch that itch. 
5. Selling too soon, selling too late. 
6. Don't be afraid to buy a stock back $JP 
7. $RDUS interesting 
8. Crypto bath.



STOCK OF THE WEEK RECAP

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. 

Saturday, December 16, 2017

Weekly Recap, Don't Chase and Don't Believe The Hype With All Your Chips

1. Don't chase stocks.
2. Don't believe the hype with all chips, sell some on the way up.
3. Scan; down multiple days in a row up today is a good one.
4. What matters the most in the short-term is momentum and mean reversion.
5. Shoot first ask questions later.
6. $GCAP $UEPS two bitcoin plays yet to make their secondary moves.
7. $RDUS  a bio to watch.
8. $ZGNX a high tight flag.



STOCK OF THE WEEK RECAP

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. 

Friday, December 15, 2017

Finding Stocks Before They Breakout

12/15 Watchlist; Swings of interest IF AND ONLY if they can get thru yesterday's high plus .10cents.

$ENPH $UEPS $SPR $BGNE $SQ $SOHU $GCAP.

FINDING STOCKS BEFORE THEY BREAKOUT;
1. Scan pre-market. 2. Put actionable names on a list. 3. Set alerts. 4. Figure out position size. 5. Place orders. 6. Done. 7. The market will get you in or get keep you out of these names. 8. BUY'EM TIGHT, SELL'EM LOOSE.


STOCK OF THE WEEK RECAP

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. 

Thursday, December 14, 2017

12/14 Watchlist And Daily Process

12/14 Watchlist; Swings of interest if and only if they can get thru yesterday's high. 1. Scan 2. Flag stocks that are actionable. 3. Put on a watchlist. 4. Set alerts. 5. Figure position size. 6. Place orders. 7. Done, the market will get you in or keep you out.



STOCK OF THE WEEK RECAP

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. 

Sunday, December 10, 2017

Finding Stocks Before They Breakout

1. Do the work pre-market. 2. Understand that in the short-term all that matters is momo & mean reversion. 3.#1 scan should be stocks with highest the momentum, rank stocks based on best year to date performance.
4. Typically, contraction leads to expansion in stocks with high momentum. 5. a stock with very high momentum (fresh momo) starts to pullback, notice the volume decreasing. 6. Big tell, stock prints an inside day on the lowest volume since before the momo started.
7. For me, the inside day under this context signifies that the preceding move is over or coming to an end. 8. Now you want to be ready and buy on the first sign of expansion, usually through the previous day high. 9. You want to buy'em tight and sell them loose.
10. recent examples 11. Stocks down multiple days in a row is a good scan, many stocks that are up the most in the short-term have this one set up; down 3days or more up today.


12. When you buy them tight, it won't take much to know when you are wrong like 13. With that being said don't be afraid of getting stopped out and reentering if it sets up again


STOCK OF THE WEEK RECAP

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. 

Friday, December 8, 2017

Finding Stocks Before They Breakout

1. Finding stocks before they breakout. 2. Do your work pre-market. 3. Pre-market work helps with emotions. 4.  big winner, sell on the way up. 5. Are bear flags working?




STOCK OF THE WEEK RECAP

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. 

Thursday, December 7, 2017

Recap

1.Watchlists showing signs of life. 2.Scan down multiple days in a row RSI2<5 is a good one. 3.Rolling 5-day watchlists tells you all you need to know. 4.Dead cat bounces are doing ok 5.$MARK PRINted inside day on very low volume.



STOCK OF THE WEEK RECAP


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. 

Tuesday, December 5, 2017

The Record Breaking DOW

My rolling 5-day watchlist is my best barometer for the health of the market when it comes to swing-trading. Lately, the performance of the lists has been weak: stocks are not triggering, the ones that are are not seeing follow through.

The DOW has done well, and to most home-gamers that is all they need to see to say things are doing well. Yesterday at exactly 4:01 pm I get this alert on my iPhone from CNBC; BREAKING; DOW rises more than 50 points to record close as street cheers Senate passing tax bill. 

However, the DOW was up 300 points intraday. We have 270 stocks down 4% or more versus 145 that were up 4% or more. 844 stocks were up from the open versus 2,094 that were down from down the open. Bottom line; it wasn't as pretty as the headline sounds.

Talking about pretty, it has not been pretty for large tech names, weeks of gains have dissipated in a few days, look at $MU, $LRCX, $FB, $SMH, ETC.


My main interest today is SP500 and QQQ names that are down multiple days in a row and have an RSI2 lever under 5, all that means is that I'm looking for big cap names that are oversold in the short-term that have the potential to bounce.


While the reversal was ugly, according to historical data, yesterday's action has a bullish tilt to it.




STOCK OF THE WEEK RECAP

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. 

Sunday, December 3, 2017

How Do Stocks Move In The Short-Term

1. Stocks move in bursts. 2. What matters in the most in the short-term. 3. What to look for. 4. How do you set up this momo scan. 5. Bitcoin plays, what about them.



STOCK OF THE WEEK RECAP

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. 

Friday, December 1, 2017

Headline Market, Volatility Rises

In the video below I discussed;

  1. It is now a headline market.
  2. Suggestion on how to deal with stops now that volatility has increased.
  3. Weekly recap.
  4. Forget about the indices.




STOCK OF THE WEEK RECAP