Stocks

I was screening for potential candidates for my upcoming 2024 Buy List and came across Motorola (MSI), an old stalwart, bumping around its all-time high. It’s doing fundamentally and technically well and that brings me joy. It’s doing so well that I did add it to my buy list. However, there might be some risks involved with MSI. Looking at the chart above (and below), MSI has been consolidating at near its all-time high. It made a big run higher on good earning news at the beginning of November and I think the Bulls are taking a breather right now. Everyone is wondering if prices could go higher here. ...

A few of the news sources I follow for investing and trading started spitting out the Q4 earnings results for Anavex Life Science (AVXL). It’s a biotech company that reported a $10.1 million loss. It would appear that a lot of traders were long, hoping for a breakout. It failed and sold off and it sounds like a lot of people lost their shirts yesterday. I have no idea what Anavex does or researches, I don’t need to. I just need to look at the charts and realize that it’s a dog. ...

Learn Trend Following: Avoid Stock Fizzle Outs like PAG’s upcoming 50/200 DMA Death Cross

Nvidia stock is near an all-time high after earnings beat, but some investors worry about it peaking.

Microsoft (MSFT) hits all-time high, hires OpenAI CEO Sam Altman, gains AI brainpower & potential to kill partnership.

Hilton Hotels (HLT) hits an all-time high, but cautionary signs loom. Despite bullish sentiment, chart patterns and seasonality suggest a potential pullback.

Yeah here’s a weekly chart of NVDA. You can see it’s still in an upward trajectory although the last few weeks have been very volatile. I made a good chunk of taxable profit on this one because I was trend following and got stopped out after a few months. Ideally I’d like to have ridden NVDA’s trend for over a year but the market does what the market wants to do and I’m just grateful to have doubled my investment. ...

Just looking through some Stocks and ETFs that are crashing and burning. Airlines and Oil have really taking it on the chin. Speaking of chin, people are self improving themselves and their smiles. I like that. Tech and Health will be the winner coming out of this.

I dabbled in the AAII.com screens for a bit  this year and bought AIRT on 11/17/09 after it showed up on the Grahman Enterprising screen. I figured it was worth a shot.  I sold that POS on 12/28/09 for a stinking 6.73% loss.  It wasn't a trend play but more of a position play that didn't pan out. Lesson learned, this screen is for suckers and not for me. ...

  Yeah, I still use TraderXL Pro for a bunch of my data manipulation and technical analysis stuff. I use it to download data and run macros through it, macros that I design and then use in my trading screen. After my fucked up 2009 trading year, I had to revamp my entire arsenal of macros and screens for a brighter and more profitable future, I hope.   Anyway, below is one of the many macros I use in TraderXL Pro for generating an automatic stop loss using and Average True Range (ATR) function. I then suck this data into my trading screen, and through the use of other magical macros. I then determine if I have to move my stop or sit on my hands.   Since I love you guys, here’s the macro call for the ATR function and the stop loss. First name your spreadsheet Current_Stock_Holdings.xls (you can change this later) then copy this into the AutoRun Macro box in BulksquoteXL.   AverageTrueRange("G1","X");Current_Stock_Holdings.xls!Module1.Stop_loss_ATR;StockChart("OHLC","J1")     I use a 20 day time period for my ATR function, as the image above shows. You’ll have substitute “X” in the callout function above for the time period you want. It can be 5, 10, 15, or 50, whatever floats your boat and your needs.   Once you’ve done this, then you need to copy and paste in the macro for the stop loss function below. Make sure you save it to your spreadsheet locally. As with the ATR function, you’ll have to edit the X.X that I highlight below to a multiple that you like. It can be 1.5 or 5.5 times the ATR. This will generate wider or tighter stops based on your individual preferences. The smaller the number you input, the tighter the stop you generate. Conversely the larger the number you input, the looser the stop.   You can use the Macro Viewer function in TraderXL to import the macro below if you don’t know how to do it manually. Copy and paste the function between the ++++++++’s into a TXT file and then import it.   ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Sub Stop_loss_ATR() ' ' Stop_loss_ATR Macro ' Macro recorded 12/15/2009 by neuralmarkettrends '   '     Range("H1").Select     ActiveCell.FormulaR1C1 = "Stop Loss"     Range("H21").Select     ActiveCell.FormulaR1C1 = "=(RC[-3]-(RC[-1]*X.X))"     Range("H21").Select     Selection.NumberFormat = "0.0000"     Selection.NumberFormat = "0.000"     Selection.NumberFormat = "0.00"     Selection.Copy     Range("H22:H253").Select     ActiveSheet.Paste     Application.CutCopyMode = False End Sub   +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++   Just a side note, you might be wondering why I call the stockchart function “StockChart("OHLC","J1").” I do that so I can create a nice candlestick chart next to the downloaded data as eye candy.   That’s it, there you have it. Now go cause mischief!