Live Trading Room Stock Setups For July 19 |
By Dave Mecklenburg |
Published
07/18/2013
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Stocks
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Unrated
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Live Trading Room Stock Setups For July 19
A strong early morning trade made it hard to find stock entries. We were only able to setup five trades for the entire day, but two of the trades went for big winners and another two were profitable.
EMN LONG 75.01 74.81 $(0.20) YHOO LONG 29.03 29.70 $0.67 CTXS SHORT 65.36 64.60 $0.76 LYB SHORT 67.82 67.61 $0.21 Exit end of day. SBUX SHORT 68.62 68.34 $0.28 Trail hit.
Total of $1.72 per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be $1,720 gross earnings for the day. $6.78 per share for the month. 1000 share per trade would be $6,780 gross earning for the month.
Wide-range bar setups for the next trading day. The day trade setup is only good for the upcoming trading session.
Entries, targets, and stops are based on the day's likely inflection points, and natural support and resistance. Avoid trade until bid/ask spread narrows.
Partial or unedited list of setups. Complete or edited list goes out by email. Subscribe to the distribution list here.
Bullish Long-Side Setups
AET Aetna Inc BBG Bill Barrett Corporation BBT BB&T Corp BC Brunswick Corp BGC Genl Cable CTRX Catamaran Corp EXPD Expeditors Intl of Washington ITW Illinois Tool Works LNC Lincoln Natl Corp MAN ManpowerGroup NBL Noble Energy NSC Norfolk Southern PEP Pepsico Inc PNC PNC Financial Services Group RRC Range Resources RY Royal Bank Canada SINA Sina Corp SWY Safeway Inc URS URS Corp
Bearish Short-Side Setups
AEM Agnico Eagle Mines Ltd ALNY Alnylam Pharmaceuticals APH Amphenol Corp'A' AVGO Avago Technologies Ltd AXP American Express Company CBST Cubist Pharmaceuticals DK Delek US Holdings Inc EPD Enterprise Products Partners HFC HollyFrontier Corporation LEN Lennar Corp'A' LYB LyondellBasell Ind N.V. 'A' MPC Marathon Petroleum Corp MXIM Maxim Integrated Prod PSX Phillips 66 SCSS Select Comfort TPX Tempur Sealy Intl Inc TSO Tesoro Corporation VLO Valero Energy WNR Western Refining Inc
Dave Mecklenburg is Publisher of TigerSharkTrading.com.
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