One New Oil&Gas Featured Long Position, One New Speculative Featured Long Position, One New Speculative Oil&Gas Long Position, One New Speculative Long Position, And One Stock I Am Adding To My Existing Featured Long Position For Monday’s Stock Market Session

FOR THOSE THAT ARE NEW, MY WEBSITE IS TO BE USED THE MORNING BEFORE THE OPENING BELL. WHEN YOU WAKE UP IN THE MORNING YOU CAN BE SURE THIS SITE WILL BE FULLY UPDATED BEFORE THE OPENING STOCK MARKET BELL. IF IT IS 6AM ON THE EAST COAST, THIS WEBSITE IS FULLY UPDATED AND THE ANALYSIS IS GOOD UNTIL 930AM EST. AND AS LONG AS THE STOCK DOES NOT BLAST OFF IMMEDIATELY, YOU CAN EVEN WAKE UP AT 10AM EST AND I AM SURE 75% OF THE TRADE RECOMMENDATIONS WILL STILL BILL EXECUTABLE. BUT IF YOU ARE NEW AND YOU THINK WITH ME LIVING IN HAWAII AND HAVING A NORMAL HUMAN LIFE THAT I WILL BE ABLE TO GET EVERYTHING DONE BY MIDNIGHT EST, YOU ARE CRAZY.

If you have already read the shorts analysis then you probably probably know what is coming next. That is right, it is time to raise cash from our portfolio sells and then to put less money to work with our new longs/shorts. The short trades look A LOT better and much better from the standpoint of the recent longs that are giving us buy signals. The fact that shorts look more ripe as they are setting up in better longer term patterns. After 5-8 years of uptrends, many stocks look ready to reverse the gains and look ready for a big selloff. Just look at my shorts. Do you know why I show you the big picture? It is so you can see the volume on the uptrend and the constant steady rise turn into a rollover on huge volume. Unlike shorts, longs do not need to worry about prices much further back than a year as most sellers only hold on to bad merchandise for a year. However, with longs, it takes a long time for buy-and-hold investors to sell. That is why it is a slow unwinding rolling over process. It takes much longer to construct a top than it does to construct a bottom. The longs tonight are well passed the “bottom stage” and are now well into the accumulative momentum stage. Hopefully, these longs will buck the trend of the market, if we are rolling over to new lows. I can’t stress enough how important it is to keep these positions small. We are just playing the odds of the chart that the stocks will produce for us some nice gains. However, the odds are against us from the start since the market is choppy. However, I would like to think my stock picking skill is better than average. Remember, keep these small or else you risk setting yourself up for some major pain. There are times to be VERY LONG, times to be VERY SHORT, and times to be in cash. We are, FOR NOW, in a cash building time environment, but we could soon be in a selloff mode. If that happens, be ready to short the stocks that have moved higher by at least 100% from the 2000 lows, 2002 lows, or 2003 lows till now that are rolling over on strong distribution and red BOP. Be careful out there in this choppy environment.

new oil&gas Featured long position: NOA

NOA is breaking out to a new 52-week high, from an ascending base, on extremely strong volume. Cut your final loss with a close below the 50 day moving average, if the stock does not move higher immediately.

new speculative Featured long position: HWK

HWK is putting in a bullish intraday candlestick pattern as it bounces off support near the 50 day moving average, on strong volume. Cut your final loss with a close below the 50 day moving average, if the stock does not move higher immediately.

new speculative oil&gas long position: END

END is putting in a bullish intraday candlestick pattern, closing at its HOD, as it bounces off recent support, on very strong volume. Cut your final loss with a close below the 2.07 level, if the stock does not move higher immediately.

new speculative long position: ACOR

ACOR is breaking out of a two-week tight flat base pattern, on strong volume. There has been a lot of green to max green BOP on this stock’s chart since January which has me more interested in this speculative long than the other possible speculative long candidates tonight. Cut your final loss with a close below the 29.70 level, if the stock does not move higher immediately.

adding to my existing Featured long position: FLIR

FLIR is putting in a very bullish intraday reversal candlestick pattern and is breaking out of a symmetrical triangle pattern, on extremely huge volume (possibly options expiration related). Cut your final loss with a close below the 50 day moving average, if the stock does not move higher immediately.