Stock Watchlist. “5 More Shopping Days Until Christmas”
We got to go at it quick this week since we are only working with four days ( market is closed Friday). These weeks can be slow and choppy so keep the positions light until we see the clear signals.
Previous Watchers. LOCM HDY PIP MGIC EXEL
AEIS
Like to see a gap up and short a fade. This had a nice look to it Friday afternoon but like most stocks lately it pivoted and ran back to the the highs. Will only short spikes. Breakdowns too risky.
VOXX
What a big runner I pulled up from scan. I don’t see anything that warrants such a massive run. I’m not real familiar with this one. I will monitor the action on Monday but if it gaps up and slows it should trim some of the fat in the afternoon
DSCM
I had this as a buy in chat Friday but I wasn’t quick enough. It was strong all day and I think Monday it will attempt to push upward. Depending on the pull back I probably will short this one.
SONC
Upgraded and a share buy back announcement. In addition, the chart is on breakout. This may be a good buy on dips as it should draw in some end of the year buyers.
BOOM
Got to think about shorting this on general purpose but it could be just like EXEL and fool you. It’s on a 8 day run and Friday was huge. Should have much more upside before fizzling some.
YONG
This is a trendy player. If it rolls above $8 it should be a nice long and my run up until Wednesday before being sold off. Don’t chase gap ups. Only buy dips
KNDL
ADES