Monday, April 20, 2009

Stocks To Watch For The Week Of 04-20-09

04-20
BAC, BSX, CR, ETN, HWAY, IBM, SYK & TXN

04-21
BK, CAT, COH, CREE, FRX, GILD, ILMN, JCI, MAN, MICC, MOLX, NTRS, PPDI, RLI, SNDK, STT, KO, USB, UTX, UNH & YHOO

04-22
ACL, MO, DOX, AAPL, CMG, EBAY, EPIQ, FFIV, GENZ, KMB, NITE, MCD, MS, NTGR, NE, OSTK, QCOM, BA, VMW & YUM

04-23
AMZN, AXP, AMGN, BARI, BDK, BUCY, CME, CB, CS, DECK, EXP, EMC, ESI (STRA, APOL), JNS, JNPR, WFR, MSCC, MSFT, NCR, NFLX, NUE, OXY, PMCS, POT, PNC, RMBS, SCSC, SPWRA (FSLR), SYNA, CAKE, UNP, UPS (FDX) & ZMH

04-24
MMM, F, HON, IDCC, ITT, KMT & SLB

1. Stocks in RED - those of you that know the color coding already know that all stocks in RED are expected to swing nicely and provide MONSTER CALL / PUT OPTION PLAY opportunities - these are to be traded after earnings based on all technical signals (e.g. volume, MACD, Bollinger Bands, CCI, RSI, current trend, etc.).

2. StockS in RED / BOLD and UNDERLINED - these are very good potential strangle / straddle candidates.

3. Stock in YELLOW - these stocks will move based on the action on the preceding stock reports - we all know that education stocks for the most part all move together so if ESI reports great earnings and moves up, it may move the entire sector with it.

Enjoy trading! Cheers!

4 comments:

Darwin said...

Jose, bot AXP puts today...maybe they get the same response as COF. What are you more inclined to lean towards on AMZN?-I expect most will anticipate the same movement as AAPL, but I may throw a lottery on some puts. Thoughts?

Jose Luis Paula said...

Darwin,

AMZN is too, too, high technically
http://investertech.com/tkchart/tkchart.asp?stkname=amzn&px=&wt=0

- they have to report great earnings and paint a very rosy future in order for the stock to continue to push forward - any signs of weakness and it may go down to its various supports: 75, 70, 65 and that HUGE gap back in back in late January. However, right now AMZN has managed to be lean and mean and there is actually no substitute for AMZN in the markets (just like there is no substitute for AAPL and RIMM). If AMZN beats by a mile and raises guidance, we'll see a new 52-week high. I will personally traded tomorrow after they report earnings and ride it one direction - whatever direction the stock goes, it will move an additional 4 to 7 bucks more.

Regarding AXP, I wish you purchased those puts when the stock was at 22.00USD. AXP will move up today, 04-23-09 - but, I see AXP hitting 16.00USD again - when it does, I would drop it like a hot potato...

http://investertech.com/tkchart/tkchart.asp?stkname=axp&px=3&wt=0

Thank you,

Jose

Darwin said...

Jose, thx for the input on AXP. I did buy more just a moment ago with AXP at the highs of the day +3.61...Bought (200)May 20 puts @.45. We'll see what the white paper says about the stress test, but AXP has gone to high too fast.

Jose Luis Paula said...

Darwin,

I am blessing that move! Just be careful - do not expect to make too much money on this one. There is major support now at around the 22.00USD mark. Cheers!

Jose