I felt really detached from the markets today and I think it all started with the amount of sleep I didn’t get. Upon moving to the West coast I was glad that my trading day would be finished at 1:00pm, thinking I would have all this free time after the close. That was until I realized that [...]

Additions: UTHR TTEK Deletions: N/A .Beta Watchlist “If a man is both wise and lucky, he will not make the same mistake twice. But he will make any one of the 10,000 brothers or cousins of the original. The mistake family is so large that there is always one of them around when you want [...]

Additions: FSYS FINL NVS WU HAS Deletions: N/A .Beta Watchlist Looked under a few more stones tonight and found some hidden gems. I didn’t want to wait until tomorrow to post these in case some of you could profit from them at the open. When more stocks are showing up on my scans it’s always a [...]

There’s not much out there that looks good for shorting at this exact moment. That could change a few hours into tomorrow’s session, but right now I’m not seeing anything that I would feel comfortable shorting. That’s not to say I’m not seeing a lot of stocks that are overbought, as many are. However, I’m not [...]

Additions: STE HGR OSIP Deletions: ACOR HA .Beta Watchlist “Many a false step was made by standing still.” -Fortune Cookie

Here are two stocks that seem to be reacting favorably to earnings. I’m not sure how much more this market can rally so I would be careful, but there may be some coin to made here. How these stocks close will depend on if they’ll be added to the .Beta watchlist.

One advantage to being a trader is the ability to adapt to changing market conditions. One day I’m bearish thinking the sky is about to fall, and the next I can reevaluate market information and see that things may be improving. I can admit that after yesterday’s decline I really thought we were heading lower. [...]

Additions: ALXN KSU Deletions: N/A .Beta Public Watchlist “Profits are a function of time, and so good reasons have to exist to keep a porfitless purchase longer than three weeks.” -Nicolas Darvis

I’m not really into reporting news but this is pretty interesting and I like having choices when it comes to search engines. Google might have something to worry about with the arrival of a new search engine called Cuil. I would think nothing of this news except that Cuil was the brainchild of Google ex-engineers. [...]

TDY’s downgrade yesterday by Jefferies & Co caused investors to dump the issue at the open and continue to pressure the stock up until lunch.  I view downgrades of stocks that are in the .Beta watchlist as short term buying opportunities because I’ve observed this manipulation many times. These research firms try to scare investors into [...]