7 Trades, 6 Winners, 11/23/16

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Real Time Day Trade Area – Timestamps are Pacific Standard Time

Long Watchlist

CCL – upgraded to Outperform at Bernstein target $68
ESEA – Euroseas agrees to purchase M/V Capetan Tassos $4.4M
NVDA – reiterated Buy at Citi target $100
VEEV – price target raised to $50 from $45 at JPMorgan
X – possible continuation of yesterday’s strength
XIV – short volatility ETF into Thanksgiving low volume

Short Watchlist

ANF – downgraded to Sell at Deutsche Bank target $13
TWTR – downgraded to Negative from Mixed at OTR Global
VRX – downgraded to Underperform at Mizuho target $11

Gap Up Watchlist

DE – reports Q4 EPS 90c, consensus 40c
GME – Q3 EPS of $0.49, $0.02 better than estimate of $0.47
MDGS – distribution agreement in Italy with INNOVAMEDICA
VEEV – Q3 EPS of $0.22, $0.06 better than estimate of $0.16

Gap Down Watchlist

AXON – drops 18% after Lilly Alzheimer’s study failure
BLUE – down on JUNO patient death
CLRB – raises $8M in a public offering
ENBL – 10M share Spot Secondary priced at $14.00
HPQ – sees Q1 adjusted EPS 35c-38c, consensus 38c
JUNO – Phase II ROCKET trial on hold after patient death
LLY – Phase 3 solanezumab trial did not meet primary endpoint
NMBL – Sees Q4 GAAP operating loss $11.0M-$13.0M
TCON – files to sell common stock, no amount given
URBN – Q3 EPS of $0.40, $0.04 worse than estimate of $0.44

Post Open Scanner Watchlists

Consolidation Buy: CMI DE DENN VEEV XPO

Consolidation Short:

Two Day High Buy: COF UNP

Two Day Low Short: ADBE BAM CBOE CCI CTRP SWKS

Parabolic SAR Buy:

Parabolic SAR Short:


Today’s Trades (Timestamps Pacific Standard Time)


6:45 Buy XIV 42.92

6:49 Buy UNP 100.96

6:51 Buy XPO 43.75

7:05 Buy CMI 140.47

7:09 Sell XIV 43.16 (+0.24 profit)

7:13 Sell half XPO 44.31 (+0.56 profit)

7:15 Buy XIV 42.73

7:23 Sell half XPO 44.51 (+0.76 profit)

7:29 Sell XIV 43.27 (+0.54 profit)

7:46 Buy DE 101.28

8:12 Sell CMI 141.00 (+0.53 profit)

8:12 Sell DE 100.84 (-0.44 loss)

8:49 Buy XIV 43.09

9:32 Sell UNP 101.48 (+0.52 profit)

9:48 Sell XIV 43.50 (+0.41 profit)

Trade Called Live For Members – 11/4/16

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We were alerted to this trade from our proprietary Consolidation Short scanner. Look at that beautiful break below consolidation on the daily chart after disappointing EPS guidance:

But the intraday price action must match with the daily chart consolidation breakdown before we put our money at risk. 17 minutes after the market open, $NUS formed a perfect bear flag. We called this short live for members and made huge profits.

2 Day Low Short 11/16/16 MNK

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MNK appeared on our Two Day Low Short scanner a few minutes after the open. The stock had a significant rally into the 200 EMA followed by a small range day as shown in the daily chart above.

When MNK formed a bear flag on the 5 minute chart as shown above, we called the trade live for members. MNK traded down to a low of $59.59.

Our Two Day Low Short scanner is just one of our profitable scanners. This scanner doesn’t just look at the past two days of trading. It also looks at the past 30 days of trading for very specific patterns. If you would like to be alerted to trades like these, we offer a 7 day free trial.