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Archive for July 22nd, 2008

Stock Screen for Wednesday the July 23rd (MKTY) (DCGN)

Tuesday, July 22nd, 2008

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MKTY watching for a gap and crap, this is probably a pretty decent short tomorrow, but lets see how it trades out of open. Tim had a decent trade on it (from his alerts) but later in the day, it turned up towards high and closed relatively strong. This gives us another day for a possible squeeze and a higher short average. I’d let it squeeze out of open, failure to break $6 and confirmation of a breakdown I’d jump on board on the short side - back towards $3.75-4

DCGN beautiful bottom reversal, watching for continued momentum towards $2 + if it breaks it this may squeeze, its sitting at resistance levels dating back to March and May.

MEDX I’d like to see this test $10 out of open, perhaps $9.75 - upon weakness I may take a short side trade, but only a trade. This is still bullish

EDN - topping off action today this may gap out of open, if it fails to test and break $14 it will probably break back under $12

Airline Stocks Hot Hot Hot - Here’s an Airline Sector Stock Scan

Tuesday, July 22nd, 2008

Similar to the wind energy stock scan I did HERE I figured I’d scan a lot of the Airline movers. That way depending on the type of trader you are you’ll always have a list of stocks to play when the industry is hot. If you have a lot of capital, take your pick, if you are just beginning focus on the smaller ones such as (LCC) (AMR) (JBLU) (DAL) (CAL). Rather than having a list a mile long I slimmed it down to some of the more popular ones BUT this whole list is in play.

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The good part is once the industry leaders start to fall you can pull up the others that may follow the “big boys” and start shorting those as well.

CAL

LUV

AMR

UAUA

NWA

LCC

SKYW

DAL

JBLU

Anything you’d like to see added to the site please feel free to contact us, be sure to check out our other categories, especially the under the radar scan.



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