2014年8月25日星期一

08/25/2014 Daily Trading Routine

[General Market]
For big picture, market rally for a long time and get extreme bullish on early March this year. Since then market stuck in the range. Divergence happens on small caps and big caps. Looks we are in a top forming. A 20% kind of correction will likely to happen some time in future and welcome. If that happen I can re-invest in 401K.
    For short term, we saw a V shape recovery with low breath. SP500 rise to new high. It may still drift higher as not see over bullish on 2nd indicators. No follow through is big issue trading Momentum Burst.

[Anticipation list]
MFRM VPRT MTRX MKTO AMED LEAF CMG RDNT CBK TREX ISRG SCTY XPO MIDD AOL PII GEO TMH HLS QLIK RCL FB EMC

[Good swing setups in past 5 days]

(1)ADEP, bottom fish setup
(2)AMPH, b/o today, may have catalyst. But should be sold same day for swing as rise 10% plus
(3) CODE, 5 days old b/o, has previous trouble
(4) MNDO, low price setup
(5) VHI, very good setup and burst for 3 days
(6) VJET



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