Snuffles' Trade Idea of the Week

Discussion in 'Trade Journals' started by heyimsnuffles, Feb 22, 2017.

  1. heyimsnuffles

    heyimsnuffles Active Member

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    Hello, I have been doing a trade idea of the week every week to subscribers and it is 100% free and spam free lol. I figured that I would post these here as my own little journal on stockaholics. Most of them are larger cap stocks that are not as risky but can give off some big 10-20% swing trade moves. Here are the latest ones and I will do this every weekend.

    EXC - Exelon Corporation - TOTW - 02.22.17 - http://eepurl.com/cDjotr

    CMG - Chipotle Mexican Grill - TOTW - 02.12.17 - http://eepurl.com/cBHtBL

    SIL - Silver Miners ETF - TOTW - 01.29.17 - http://eepurl.com/czz6eX

    BAC - Bank of America - TOTW - 01.22.17 - http://eepurl.com/cyAGjj

    BIDU - Baidu Inc -1.15.17 - TOTW - http://eepurl.com/cxCT_L

    NEM - Newmont Mining Corporation - 12.26.16 - TOTW - http://eepurl.com/cve9s5
     
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  2. heyimsnuffles

    heyimsnuffles Active Member

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    Attached is my latest TOTW. I do not see alot of value in buying big cap extended stocks so I was looking for another catalyst. BUFF has a tight pattern that could break up.

    BUFF - Blue Buffalo Pet Products - TOTW - 02.26.17 - http://eepurl.com/cDSo39
     
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  3. StockJock-e

    StockJock-e Brew Master
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    [​IMG]

    Looking for this to get above that $25?
     
  4. heyimsnuffles

    heyimsnuffles Active Member

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    Yeah 25.50 would be the trigger for a move to 27+ and with SNAP on the way I think it could get momentum. This interests me much more with the Market extended and AAPL FB AMZN GOOGL all at or near highs you know?
     
  5. heyimsnuffles

    heyimsnuffles Active Member

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  6. homosapienfromterra

    homosapienfromterra Active Member

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    Here is a thought for you, fracking sand, no not a curse you make when you are on the beach. The following stocks relate to the production and sale of fracking sand, and fell sharply from February 22nd presumably because of the oil price change;
    $HCLP -28.6%
    $FMSA -40.6%
    $EMES -36.9%
    $SLCA -21.8%
    $SND -36.5%
    Zacks still lists these all with the exception of $HCLP as buys. $HCLP is a strong buy.
    $FMSA reported Mar 9 BMO and $SND reports Mar 16 BMO, so I am thinking by looking at these reports can I make some sense of fracking sand and second guess the market. Also does Zacks know something or did they take their eye off the ball?
     
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  7. heyimsnuffles

    heyimsnuffles Active Member

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    I'm confused?
     
  8. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    As for SLCA, a point and figure count showed a downside target of 47.50, so the climatic low made on Thursday of 43.03 was overdone and should be a temporary bottom until more cause is built, either for more downside or a re-accumulation for another leg higher. Should see a trading range develop in here and will have to wait for clues. No doubt, the 43.03 will get retested relatively soon.

    Please excuse the intrusion Snuff:).

    upload_2017-3-12_21-54-0.png
     
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  9. heyimsnuffles

    heyimsnuffles Active Member

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    SLCA really told the story before Oil REALLY broke
     
  10. homosapienfromterra

    homosapienfromterra Active Member

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    I bought some FMSA they looked ok and the spike in the morning suggest short sellers closing positions. There seems to be resistance around the 7.29 and it seems to have settled down. I can't see me buying any of the others yet a while.
    If I have hijacked someone's thread please accept my apologies and by all means you can boot me off, I am still feeling my way around these forums.
     
    #10 homosapienfromterra, Mar 13, 2017
    Last edited: Mar 13, 2017
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  11. heyimsnuffles

    heyimsnuffles Active Member

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    Sorry guys...I really should have gotten this to you sooner...

    Hasn't triggered so that is good. 3D printing will rally the next time the market does I believe

    SSYS - Statasys Ltd. - TOTW - 03.19.17 - http://eepurl.com/cG8XRr
     

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