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View Full Version : Dave Landry's Market in a Minute - Friday, 4/20/12



Dave Landry
09-04-2013,
Random Thoughts

The random thoughts are pretty much a cut and paste:

As I've been saying, a few big up days would make all the difference in the world. Obviously, we didn't see any upside follow through on Thursday. So, this keeps us in one-day-at-a-time mode.

So, what do we do? I think the plan remains the same:

1)Honor your stops on existing positions just in case this turns into something bigger. 2)Be selective on new positions. Trade the best and leave the rest. 3)Wait for entries on new positions. Again, as I preach, this can often keep you out of new trouble. 4)Start thinking about firing off a short or two but keep #2 and #3 in mind.

Futures are firm pre-market.

Dave Landry
09-04-2013,
Random Thoughts

As I've been saying, a few big up days would make all the difference in the world. Obviously, we didn't see any follow through on Wednesday. So, this keeps us in one-day-at-a-time mode.

So, what do we do? I think the plan remains the same:

1)Honor your stops on existing positions just in case this turns into something bigger. 2)Be selective on new positions. Trade the best and leave the rest. 3)Wait for entries on new positions. Again, as I preach, this can often keep you out of new trouble. 4)Start thinking about firing off a short or two but keep #2 and #3 in mind.

That's my story and I'm sticking to it.

Futures are flat pre-market.

Reminder--Chart show today. Call in sick. Dress casually, drink plenty of fluids, and bring plenty of questions

Dave Landry
09-04-2013,
Random Thoughts

Well, Tuesday's action is why I think it's a little too early to make any big picture predictions and become a Ursidae Shortalotagus.

Now, don't get me wrong. Let's not start kissing each other just yet. Tuesday obviously scores as a positive but follow through will be key. A few more big up days would put the market back to new highs and we can all breathe a temporary sigh of relief.

So, what do we do? I think the plan remains the same:

1)Honor your stops on existing positions just in case this turns into something bigger.

2)Be selective on new positions. Trade the best and leave the rest. 3)Wait for entries on new positions. Again, as I preach, this can often keep you out of new trouble. 4)Start thinking about firing off a short or two but keep #2 and #3 in mind.

I think #3 is key. It won't always save your buttocks but on a day like Tuesday, it's likely that potential shorts would not have triggered.

Yet again, take things one day at a time. If your stops get hit, honor them.

Futures are soft pre-market.

Click here to watch today's Market in a Minute.

Best of luck with your trading today!

Dave
__________

Dave Landry
09-04-2013,
Random Thoughts

Well, Tuesday's action is why I think it's a little too early to make any big picture predictions and become a Ursidae Shortalotagus.

Now, don't get me wrong. Let's not start kissing each other just yet. Tuesday obviously scores as a positive but follow through will be key. A few more big up days would put the market back to new highs and we can all breathe a temporary sigh of relief.

So, what do we do? I think the plan remains the same:

1)Honor your stops on existing positions just in case this turns into something bigger.

2)Be selective on new positions. Trade the best and leave the rest. 3)Wait for entries on new positions. Again, as I preach, this can often keep you out of new trouble. 4)Start thinking about firing off a short or two but keep #2 and #3 in mind.

I think #3 is key. It won't always save your buttocks but on a day like Tuesday, it's likely that potential shorts would not have triggered.

Yet again, take things one day at a time. If your stops get hit, honor them.

Futures are soft pre-market.

Click here to watch today's Market in a Minute.

Best of luck with your trading today!

Dave

Dave Landry
09-04-2013,
April 18, 2012 - Intel (INTC)

Dave Landry
09-04-2013,
Barchart.com's Chart of the Day - Chubb Corp (CB) for Apr 20, 2012

The "Chart of the Day" is Chubb Corp (CB), which showed up on Thursday's Barchart "All-Time High" list. Chubb on Thursday posted a new all-time high of $72.46 and closed up 2.15%. TrendSpotter has been Long since April 2 at $69.80. Chubb on Thursday reported Q1 EPS of $1.70, well above the market consensus of $1.52. Chubb on Feb 23 increased its quarterly dividend by 5.1% to 41 cents per share from 31 cents. Chubb Corp, with a market cap of $19 billion, is a leading provider of property and casualty insurance.

Dave Landry
09-04-2013,
Barchart.com's Chart of the Day - PPG Industries (PPG) for Apr 19, 2012

The "Chart of the Day" is PPG Industries (PPG), which showed up on Wednesday's Barchart "All-Time High" list. PPG on Wednesday posted a new all-time high of $98.89 and closed up 0.13%. TrendSpotter issued a Buy signal on April 12 at $96.83. In recent news on the stock, Citigroup on April 16 upgraded PPG to a Buy from Neutral and raised its target to $114 from $107, citing the benefits from lower natural gas prices and the improvement in the automotive and aerospace sectors. PPG management on April 5 provided Q1 EPS guidance of $1.75-1.80, which was substantially higher than the consensus of $1.44. PPG Industries, with a market cap of $14 billion, produces coatings, glass, and chemicals.

Dave Landry
09-04-2013,
Barchart.com's Chart of the Day - Novo Nordisk (NVO) for Apr 18, 2012

The "Chart of the Day" is Novo Nordisk (NVO), which showed up on Tuesday's Barchart "All-Time High" list. Novo Nordisk on Tuesday posted a new all-time high of $151.55 and closed up 1.55%. TrendSpotter in late March took a profit on a 2-month long position and just turned long again on April 2 at $145.77. In recent news on the stock, Barron's on Jan 25 ran a story that highlighted five drugs that could boost the fortunes of their drugmakers, one of which was Novo Nordisk's diabetes drug Degludec. However, Deutchebank on April 4 downgraded Novo Nordisk to Sell from Hold citing valuation concerns and pessimism about the sales prospects for the company's Victoza obesity drug. Novo Nordisk, with a market cap of $84 billion, is a world leader in insulin and diabetes care and also manufactures and markets a variety of other pharmaceutical products. Furthermore the company is the world's largest producer of industrial enzyme products. The company is based in Denmark.

Dave Landry
09-04-2013,
Today was weird, fast start with a few good opportunities highlighted by LQMT and ROSG, and then it just got boring, so boring I had to leave for a bit. Then came back to catch AAMRQ getting love off the rumor that the unions involved with American Airlines are okay with a merger/takeover with US Airways (LCC). Beauty consolidation breakout over .50 on this info and I bought right on .50. A few others in chat made beer money on AAMRQ as well. Still holding overnight. Looking for .60 in the morning to at least sell half if not just lock in the entire possible 20% gain.

Friday is 4/20. Pot heads unite. Maybe they get a few of the weed stocks rolling. So watch CBIS MJNA HEMP, the 3 that get the most action in that order. The rest of the list for Friday:

AAMRQ ADY AMNP BPHX CPST CWTR ELTP ENTB FUEL HDVY LQMT MNGA ONCS PMBS RMCP ROSG SQNM TUFF XOMA

GTIM FONR PRKR FSII FRP TISA ZHNE SMSI LACO MEMS SVNT

Add: SEFE SNPK RSRS

Dave Landry
09-04-2013,
Twitter is a fantastic place to find trade ideas and check what?s happening in the markets. The problem is, there is a lot of noise and a lot of spammers. So how do you separate the wheat from the chaff? It was no easy task, but I?ve separated the top 25 traders who provide the best advice, insights and articles. The order is put together through a combination of frequency of posting, total followers and the usefulness of their tweets.

1 Howard Lindzon
2 Brian Shannon
3 Paul Kedrosky
4 Steve Grasso
5 ChessNWine

See the rest of the list here. There's been quite a lot of controversy

Dave Landry
09-04-2013,
anyone other Silver fans out there?

nice move finally today.

http://finance.yahoo.com/q?s=SLV

personally, i cant own enough of the stuff, whether its paper, junk, or bars

Dave Landry
09-04-2013,
"How to Boost Your Returns With ONE Secret ETF Strategy"

Free Webinar Recorded on Tuesday, December 3rd at 8:00 PM EST (New York Time)

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Dave Landry
09-04-2013,
There are 9 reasons why you SHOULD trade options on ETFs...and they're in this video...

9 Reasons to trade Options on ETFs

You'll learn from John Carter...

Why ETFs are his BEST Instrument for Options Trading
How he wires 34k from his Trading, to his Personal Account
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And a LOT more...

Dave Landry
09-04-2013,
Proof that 'account size doesn't matter' is often very hard to find. People say it doesn't matter...but can't prove it.

This video PROVES it

Legendary trader John Carter had a pretty good day recently... where he recorded live his 223k trading day! This was recorded in his REAL money accounts...

97k on Apple
93k on Google
104k on Priceline

Dave Landry
09-04-2013,
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MarketClub.com has been in the business of trend following for decades, and they are happy to announce that you can take a look at Today's Top 50 Trending Stocks now...for free! This dynamic report is a list of market movers that can make a difference in your portfolio for 2013.

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Dave Landry
09-04-2013,
See how your picks stack up against other posters - join our weekly stock picking contest. Your win will be registered under your username and everyone will know about your stock picking talents.

Dave Landry
09-04-2013,
Slower day, but excellent profit opportunities. SNPK, ECDC, LQMT, DUTV, SWSH, SEED etc. Personally made money on the SNPK bounce and SEED, broke even on VRNG as it didn't go, still a good watch though. Here's the list for Thursday:

ADY AOGN AUMY BCLE CBIS CVO DUTV ECDC HBRM IBIO ICPA KMAG LQMT NWY RITT SEED SWSH VRNG WG WPCS

EDIT: I suppose the pumps SNPK SEFE RSRS should be added.

Dave Landry
09-04-2013,
I was watching a seminar given by Scott Meyers about the profitability of self-storage investing and it got me thinking. It seems like an area with a lot of potential. Hell, if I could have all of the attractive attributes of rentals and little maintenance why not. Well here's the video:

http://www.reiclub.com/self-storage-...nts-videos.htm

Dave Landry
09-04-2013,
Despite the earnings announcement next week, this looks like a good time to look at some Iron Condors in AAPL, with implied volatility near a 52 week high. After falling around 9% in the last 5 trading days IV has spiked from the low 30's to 46.

As of today the 455-445 and 710-720 May Iron Condor was trading around $0.95 for a roughly 10% return.

Dave Landry
09-04-2013,
Up 16% today, and the CEO will be talking on CNBC at 2pm PST.

Anyone see any long term growth here, or is the jump just because of the viral video of Tupac?

Producers such as Dr. Dre are now talking about going on tour with the late Tupac, which could promote long term revenue for the company.

I got in today at 6.20, and my funds won't settle for 3 days so I'm stuck with it til Monday, but I'm swing trading it so I guess we'll see what happens...

Thanks

Dave Landry
09-04-2013,
Are you guy still regarding SNPK as just another Pump and Dump stock? The announcements that come out almost daily look pretty damn good to me.

Their product is going to be available all across America, in large successful pharmacies, as well as internationally. They sponsor 2 sports teams now, and have an NBA legend as their spokesperson.

With all that said, do you guys see any legitimacy here or is all of the hype just because of good Pumping? Which would soon to be followed by good Dumping...

Thanks, I've made tons of profit from this one so far, but would hate to see it fall of a cliff and lose all that profit (yes I have a stop loss) when I wasn't paying attention...

Dave Landry
09-04-2013,
2012's next massive gainer. MAGS Magal Security.

Magal Wins Two Contracts for $2.5 Million to Secure Prisons in Latin America




YEHUD, Israel, April 18, 2012 /PRNewswire/ --
Magal Security Systems Ltd. (NASDAQ GMS: MAGS) today announced that it has won two contracts totaling $2.5 million to supply and install multi-layer Perimeter Intrusion Detection Systems (PIDS) in two new high security prisons in Latin America.
The multi layered solutions mostly include Magal's core products: fence mounted cable sensors, volumetric covert buried cable detection systems, microwaves systems, smart grids protecting water canals and several third party IR detectors. The contracts also include integration through Magal's proprietary control system and into a third party software system.
"With these orders we have already won contracts to protect four prisons in Latin America in 2012, representing strong performance and growing traction in this market," commented Mr. Eitan Livneh, President and CEO of Magal S3.
About Magal S3
Magal S3 is a leading international provider of security, safety and site management solutions and products. Over the past 42 years, Magal S3 has delivered tailor-made solutions and turnkey projects to hundreds of satisfied customers in over 80 countries in some of the world's most demanding locations.
Magal S3 offers the broadest portfolio of unique homegrown Perimeter Intrusion Detection Systems (PIDS) as well as Fortis4G - a new generation of cutting edge Physical Security Information Management system (PSIM) with comprehensive CCTV solutions and leading Intelligent Video Analytics (IVA).
This press release contains forward-looking statements, which are subject to risks and uncertainties. Such statements are based on assumptions and expectations which may not be realized and are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, financial and otherwise, may differ from the results discussed in the forward-looking statements. A number of these risks and other factors that might cause differences, some of which could be material, along with additional discussion of forward-looking statements, are set forth in the Company's Annual Report on Form 20-F filed with the Securities and Exchange Commission.
For more information:
Magal S3
Eitan Livneh, CEO
Tel: +972-3-539-1421
Assistant: Ms. Elisheva Almog
E-mail: elishevaa@magal-s3.com
http://www.magal-s3.com
CCG Investor Relations
Ehud Helft/Kenny Green
Tel: (US) +1-646-201-9246
E-mail: magal@ccgisrael.com

Dave Landry
09-04-2013,
Another day with awesome winners. Alerted DUTV at .0005 before running to .0018. SWSH on the first dip this morning before it powered up 25%. SCEI made quick cash this morning, and SEED made me quick cash towards close. NEWL and CLNT both had dead cat bounces called early this morning. ADY a momo follow thru, a few are green on and swinging til tomorrow. You get the point, just all around great alerts today. Here's the list for Wednesday:

ADY AUMY BBX BDSI BLDR COIN COYN CLNT DNN DUTV FMCC FNMA HW LUXD LUXR MMTS MWA NEON NEWL NGHT OWW PSDV PSUN RCON RHCO RSRS SEFE SNPK SWSH TISA UNIS VALV WBSI ZZ

Dave Landry
09-04-2013,
Yahoo is said to be in a branding process now. The company has been changing quite a bit over recent years and is stepping back from search dramatically.

Nevertheless, profits are increasing due in large part to advertising revenues. The company is cutting jobs, trimming and slimming down. It has been steadily downhill and made 19 new lows in the 12 months.

What are the perspectives on this? Most talking heads have dismissed Yahoo but I am beginning to see some light. They do not receive the negative feedback Google or Facebook do over privacy problems. I see this as a huge plus. Besides that they are still profitable with a lot of cash on hand.

Is anyone else taking a look at YHOO?

Dave Landry
09-04-2013,
Daily Market Commentary for April 17, 2012

Futures market provided a nice respite of consistent trading ranges for Futures traders Tuesday, especially the emini futures - YM, NQ and ES.
(read more at Millennium-Traders.Com)
http://www.millennium-traders.com/ne...ommentary.aspx

CME Group, the world's leading and most diverse derivatives exchange, released the following statement Tuesday regarding the Administration's proposal to increase oversight of energy markets: "CME Group agrees that manipulation is detrimental to markets and should be vigorously policed, as is currently being done. However, we caution against mistakenly categorizing speculation as a form of manipulation. Market makers and speculators, serve an important function in the market ? allowing energy users and producers to manage oil price risk and providing the necessary liquidity to ensure effective price discovery and more efficient transfer of price risk. The Administration's proposal to use margin requirements to control cash prices is misplaced. The Administration must recognize that exchanges, as the operators of regulated energy markets, are in the best position to monitor volatility and manage margin requirements. Margins are based on volatility and cannot be used to manage cash prices. Rather, they serve as important tools for CME Group and other exchanges to use in managing the financial risks of the clearing houses we operate, which are a key component of the risk management policies being put into effect under Dodd Frank. Additionally, taking away from exchanges the ability to manage margins would make the markets less efficient, less tied to fundamentals and would create the potential to push the hedgers out of the market, which would make oil more expensive for all consumers."

Citing improved financial conditions and unwinding of the financial crisis on Tuesday, the International Monetary Fund raised its forecast for global economic growth in 2012 and 2013, but warned that the recovery remains fragile. In an update of its world economic outlook, the Washington-based institution said it expects global output to grow by 3.5% in 2012, up from a January forecast of 3.3%. Global output is expected to expand 4.1% in 2013, up from the previous forecast of 3.9%. The only major country that had its 2012 growth outlook cut by the IMF was Spain with expectations of a decline of 1.8% from the previous forecast of a 1.6% drop. After a mild recovery in early and mid-2011, the Bank of Spain said earlier Tuesday that the Spanish economy is back in recession. The IMF said the European Central bank has some room to further lower interest rates as inflation is expected to fall below the central bank's 2% inflation target.

The Commerce Department reported Tuesday that builders began construction on new U.S. homes at a slower pace in March, but permits jumped to the highest level since September 2008. Housing starts fell 5.8% last month to an annual rate of 654,000 from a slightly revised 694,000 in February with permits increasing 4.5% to 747,000 in March from a revised 715,000 in February. The move is mainly because of a spike in requests to construct multi-dwelling buildings with five units or more. With permits for new construction viewed as a gauge of future demand, the latest increase suggests builders are becoming more optimistic. As builders continue to face pressure from the flood of foreclosed homes on the market, permits for single-family homes fell 3.5% to 462,000 during March from 479,000 in the prior month. Single-family homes account for about three-quarters of the market for new housing. Over the past 12 months, housing starts are up 10.3%. In the South, new home construction sank nearly 16% accounting for the entire drop last month. In the North, housing starts surged higher by nearly 33%. In the Midwest , housing starts moved up slightly by 1% while starts remain unchanged in the West. Over the past 12 months, housing starts are higher by 10.3%.

The Federal Reserve reported Tuesday that industrial production remained unchanged for the second consecutive month, in March. While utilities output gained 1.5%, manufacturing output slipped 0.2% while mining output rose 0.2%. Capacity utilization ticked lower to 78.6% from an upwardly revised 78.7%. Industrial production rose at a annualized rate of 5.4% during Q1 2012.

A challenging lawsuit was filed Tuesday by the mutual fund lobby group, the Investment Company Institute along with the U.S. Chamber of Commerce against the Commodity Futures Trading Commission rule requiring mutual fund managers to come under the agency's oversight. The pair argue that the rule 'layers' the CFTC's regulatory regime onto one that already exists at the Securities and Exchange Commission. Additionally, the pair say the CFTC failed to weigh the costs or benefits of the rule and that it will also impose 'redundant regulations' on exchange-traded funds.


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