Where are the baby squirrels?

I never see any small squirrels. I do see different varieties come and go and sure see plenty of squirrels, but no small baby squirrels. After little research, I found they simply stay very close to the nest until they are of competitive size and the ones seen that are extra playful are the young squirrels.

What does this have to do with my weekend stock review? 

Market forces drive the market, perhaps we don’t always see them or understand them but they are there nonetheless. 

As to the visible forces we know we have European issues that have repeatedly distracted our markets.  We also have the visible success of Apple and the concerned that this success cannot go on forever. (However it is still a "cheap" stock with EPS of 15.68 which is much lower that its contemporaries). We know that the basic economics of supply and demand are always at play. Then at times we just don’t know what has driven the markets up or down…but up and down they go.

This week I made some buys on Mondays, which was a down day....but it turned out that Tuesday was a really a down day. Wednesday was down a little more. Then it looked as if Thursday was a recovery and I thought Friday might continue this trend, but no not a chance, another down day and I’m not sure why.

Looking for some good news the S&P 500 did not drop to 1396. This had been cited by a Technician as one of the Fibonacci numbers, that if breached, signaled a greater drop going forward. 

What did I see in my weekend review?

 The 10-yr Treasury yield is now down to 1.64

IBD (Investor Business Daily) continues:  Confirmed Up Trend 

Copernicus Systems: Is now short, but still mixed. I see a rotation here, but can not define it better than that.

Moneys Flows now has money flows all down, not good and portfolio prices downward also.

Currently my "Stocks for a Trade" now consists of:
(All gains or losses shown are the total since purchase)
FRAN -9.46% (I plan on selling this retail stock on or before Dec 1)
ALGN  -1.39%
RAX +1.13%
ALXN +1.09% 

ETF’s for a trade are:

GLD +4.29%

EWG -2.99%

IWM -1.77%

SLV +1.36%

What will I do?

My watch list this week is: CTRX, and GOOG, but no buying planned at all, perhaps I will sell some on an up day…but things do change, just like those market forces. Cash is looking good to me this afternoon.

I hope you have a great week.

Time For Some Changes

I will be making changes to the info presented. As I wind down from longer term holdings and do more trading I am looking at how to make this blog meaningful to readers and helpful to me in terms of accountability.

What did I see in my weekend review?

The 10-yr Treasury yield is now down to 1.76

IBD (Investor Business Daily) continues:  Confirmed Up Trend 

Copernicus Systems: Is still long, but less mixed

Moneys Flows now has money flows up in all portfolios, but  prices are diverging downward.

Starting this week I will not separately list the IBD Top Five and the Copernicus Top Stocks, but I will simply list my watch list for the week ahead. This is compiled from whatever stocks have found there way to my radar.

This watch list has been helpful to me, hopefully it is list of good stocks and I look for dips or other reason to buy them for a short term trade.

Currently my "Stocks for a Trade" now consists of:  

(All gains or losses shown are the total since purchase)

FRAN -9.66% Friday was good but overly this one is getting worse. I plan on selling this retail stock on or before Dec 1.

ALGN  +.90% added this week

RAX +1.99% added this week

ETF’s for a trade are:

None at this time

What will I do?

For ETF’s I did sell QLD for a short term gain this week, will be looking at IWM which has been doing well. SLV and EWG both look interesting.

My watch list for the week will be comprised of:

SWI, KORS, MLNX, TCBI, CTRX, TDG, FLT

Last week was:

SWI, ALXN, RGR, EBAY, RAX, GILD, AMZN

As time allows I will be looking for a good entry point in any of these

I hope you have a great week.