Swan87's Trading Journal

I suggest you use Stockcharts.com. They do all this for you and the charts are closer to the proper aspect ratio. The more squashed your charts are, the more difficult it will be to see the swings.

Db
A lot of lines there. Harder to see swings. I will try to next time to use stockcharts.com. Thanks!
 
XLE sector

Have revised Energy sector.
It has some resistance to supply pressure. Now it is in a neutral position.
Need to see how it wll behave next.

XLE 2.png
 
Xlf

Financial sector. The weakest stocks.
Some of the stocks were deleted due to my Buying power and Daily Average true range.
 

Attachments

  • aig.png
    aig.png
    134 KB · Views: 171
  • amp.png
    amp.png
    75.5 KB · Views: 157
  • cbg.png
    cbg.png
    74.1 KB · Views: 143
  • eqr.png
    eqr.png
    80.6 KB · Views: 156
  • gs.png
    gs.png
    80 KB · Views: 160
  • stt.png
    stt.png
    80.7 KB · Views: 151
  • slg.png
    slg.png
    79.8 KB · Views: 149
  • met.png
    met.png
    77.7 KB · Views: 165
  • ice.png
    ice.png
    79.7 KB · Views: 165
Xlv

Healthcare sector. The weakest stocks.
 

Attachments

  • abc.png
    abc.png
    75.5 KB · Views: 146
  • alxn.png
    alxn.png
    75.6 KB · Views: 150
  • celg.png
    celg.png
    74.2 KB · Views: 135
  • cern.png
    cern.png
    75.7 KB · Views: 143
  • endp.png
    endp.png
    73.8 KB · Views: 140
  • vrtx.png
    vrtx.png
    72.9 KB · Views: 133
  • mck.png
    mck.png
    77.9 KB · Views: 174
  • lly.png
    lly.png
    86.8 KB · Views: 172
  • gild.png
    gild.png
    72.7 KB · Views: 135
  • esrx.png
    esrx.png
    76.3 KB · Views: 133
  • zts.png
    zts.png
    74.2 KB · Views: 139
A lot of lines there. Harder to see swings. I will try to next time to use stockcharts.com. Thanks!

Go to this page.

Scroll down to Perf Charts. Under Create A Perf Chart, enter, for example, XLE and $SPX or XOM and XLE.

As long as you're going to do all this work, you may as well generate charts that are clear and informative.
 

Attachments

  • Swan1.gif
    Swan1.gif
    67.3 KB · Views: 169
  • Swan2.gif
    Swan2.gif
    65.4 KB · Views: 152
Financial sector. The weakest stocks.
Some of the stocks were deleted due to my Buying power and Daily Average true range.

If you're doing this for the practice, fine. If you're looking for trading vehicles, weak stocks are not the better choice. Weak stocks are for bottom-fishers (see the Appendix to the Burrow). They may take months to go anywhere. For short-term trading, much less daytrading, you'll want momentum stocks. Those will be found in the strongest sectors, such as Consumer Non-Durables.

Db
 
Xlu

I have chosen Utilities and Consumer Staples sectors as the strongest.

Utilities sector with its strongest stocks.
 

Attachments

  • 2016-03-10_1-47-32.png
    2016-03-10_1-47-32.png
    76 KB · Views: 136
  • awk.png
    awk.png
    75.9 KB · Views: 148
Xlp

XLP Consumer Staples
 

Attachments

  • tsn.png
    tsn.png
    78.7 KB · Views: 163
  • pm.png
    pm.png
    80.9 KB · Views: 154
  • mkc.png
    mkc.png
    81.8 KB · Views: 159
  • cpb.png
    cpb.png
    79.2 KB · Views: 156
  • chd.png
    chd.png
    81 KB · Views: 157
Go to this page.

Scroll down to Perf Charts. Under Create A Perf Chart, enter, for example, XLE and $SPX or XOM and XLE.

As long as you're going to do all this work, you may as well generate charts that are clear and informative.

Oh, thats much better. Thank you! For sure will use it!
 
If you're doing this for the practice, fine. If you're looking for trading vehicles, weak stocks are not the better choice. Weak stocks are for bottom-fishers (see the Appendix to the Burrow). They may take months to go anywhere. For short-term trading, much less daytrading, you'll want momentum stocks. Those will be found in the strongest sectors, such as Consumer Non-Durables.

Db

Yes, I am looking for active stocks, to trade intraday. Do you disapprove daytrading?

If we can use the same principles with smaller waves, why not to trade? Not just trade something, but using situations or places where money from a higher Time Frame can be interested in a move.

Bottom Fishing. Market can change its direction and can go lower. If the weakest stocks are for bottom fishing, then what stocks we should choose to trade on the short side?

Thank you!
 
I have nothing against daytrading, but one must select what's appropriate. Something that just sits there is not appropriate.
 
The Strongest stocks in XLP

The Strongest stocks in XLP
 

Attachments

  • Strong1.png
    Strong1.png
    112.6 KB · Views: 150
  • Strong2.png
    Strong2.png
    158.9 KB · Views: 138
The Weakest Stocks in XLP

Comparatively weaker stocks in XLP
 

Attachments

  • Weak 1.png
    Weak 1.png
    133 KB · Views: 151
  • Weak 2.png
    Weak 2.png
    101.6 KB · Views: 159
Top