Online Stock Trading | Watch List update

Watch List update


Filed Under Market Commentary | 4 Comments

We had a terrible day in the market…my watch list did not fair well…all but 3 were negative territory!  STRL was off by 2.06% and DRIV was off 2.32%.  Overall, not good…this is why we just don’t blindly buy stocks that have great fundamentals.  We need to buy at proper times.  Tomorrow will be day 5 of the attempted rally, we really have only 3-6 trading days to get a follow-through day.  Please be vigilant, stay on the sidelines with cash ready to go if we get a follow through day.
 
Here is the watch list:
 
Buy Point Today Close % off buy point
ADS 54.49 -1.19 52.83 -3.05%
AQNT 26.38 -1.21 24.84 -5.84%
BAS 35.14 0.83 32.90 -6.37%
BGC 34.84 -0.59 31.57 -9.39%
COGO 16.35 -1.15 15.12 -7.52%
DHIL 43.02 0.19 41.34 -3.91%
DRIV 48.10 -2.32 44.68 -7.11%
FCFS 21.26 0.02 20.63 -2.96%
FMD 49.49 -1.10 45.05 -8.97%
HOC 84.60 -1.69 79.75 -5.73%
IBCA 41.55 -0.20 40.19 -3.27%
LIFC 30.78 -0.44 26.92 -12.54%
LKQX 23.00 -0.63 19.77 -14.04%
MINI 32.48 -0.82 30.53 -6.00%
NTGR 24.94 -0.81 21.86 -12.35%
ORA 40.08 -0.49 37.13 -7.36%
PWEI 31.10 -0.09 27.76 -10.74%
SPSS 37.10 -1.21 35.59 -4.07%
STRL 32.29 -2.06 30.13 -6.69%
SUPX 42.69 -0.78 38.94 -8.78%
WEBX 37.10 -1.62 33.38 -10.03%
WFT 58.80 -0.97 51.61 -12.23%
XPRSA 23.98 -0.76 21.80 -9.09%
ZUMZ 35.99 -0.60 33.13 -7.95%
 
MktSpec

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4 Responses to “Watch List update”

  1. Lafayette on June 2nd, 2006 5:32 am

    The stocks in your watchlist are not in your porfolio right?

  2. Anonymous on June 2nd, 2006 6:27 pm

    whcih stage base are AQNT & ANDE in?

  3. Market Speculator on June 2nd, 2006 6:32 pm

    Lafayette,

    These stocks are on my watch list. When we get a confirmed rally I will post the ones that get bought into my portfolio. We just haven’t had a follow through yet. Day 7 of the attempted rally and we got mixed results.

    Once we confirm and the stocks on my watch list hit the buy targets they will get added into the portfolio!

    Notice you have a blog as well. I just got logged on having a terrible time with my wireless.

    MktSpec

  4. Market Speculator on June 2nd, 2006 6:52 pm

    ANDE has had a great run here. It has has just bounced from a 33% correction from its high…Holding the 50dma here. I wouldn’t buy it here at all, if you have held it since 12/9/05 first break out and/or 1/6/06 break out…I’d be locking in the majority of your gain…even if you caught the 4/24 break out you want to remove some chips off the table.

    AQNT is doing a whole lot of nothing…looking at a weekly chart this puppy has been going sideways since 11/18/05. I’m looking at 28.38 as my buying target if we get a follow through…not too mention I’d like to see the volume dry up a bit more on the downside.

    MktSpec

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