Top alert for 2014: MYGN (50%), LIVE (45%), CTIC (115%), KOOL (88%), PZG (32%), GOLD (6%), IOC (6%), RSOL(18%), PLUG (70%), IMMU (26%)

Sunday, August 26, 2012

Trading strategies for August 27th: DTG, HTZ, PWRD, TIF, AAPL

For bullish sentiment to continue, Dow jones needs to break 13195, S&P500 needs to break 1414.
For bearish sentiment to continue, Dow jones needs to break 13116, S&P500 needs to break 1407.4

Economic Calendar:
Dallas Fed Mfg Survey: consensus -6.0 previous month: -13.2 (Higher is bullish sign, lower is bearish sign)

HTZ can be shorted. AAPL can rally till 679 before it sell off, so short it at 679.
PWRD has 16% movement after hour earning.

After hour gainer and loser:
Percentage Gainers
IssueSymbolVolumeLastChg% ChgHighLow
MaxygenMAXY9,046$6.580.447.17$6.62$6.14
QuickLogicQUIK5,6222.430.135.652.432.30
Delek US HoldingsDK7,58725.450.903.6725.4524.55
NovavaxNVAX10,8992.050.052.502.052.00
Demand MediaDMD5,44210.010.222.2910.019.79

Percentage Decliners
IssueSymbolVolumeLastChg% ChgHighLow
Stillwater MiningSWC8,329$10.25-0.41-3.85 $10.66$10.25
Wizzard SoftwareWZE12,5014.51-0.14-2.90 4.514.51
VelocityShares 3x
Long Natural Gas 
UGAZ5,14422.00-0.65-2.87 24.0022.00
Nationstar Mortgage
Holdings
NSM17,85925.12-0.73-2.82 26.2025.12
OncothyreonONTY6,0644.70-0.12-2.49 4.844.70
Hertz Global HldgsHTZ31,42912.83-0.32-2.40 13.1512.83

Next few week are most important for stock market with non farm payroll, US gdp, ECB meeting, followed by german court rule, and Fed Fomc meeting.

There is no harm in sitting on the sideline and wait for the clear direction. "Cash is still king".