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Monday, November 30, 2009

Trading setups for December 1st


The S&P Model is long as of the close on November 30th. No open orders.

The NASDAQ model is flat and in cash. No open orders.


The VIX Model is short as of the close on November 30th. No open orders.


Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Tuesday with the entry price limits specified , good for the day only.



Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.



Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.



These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.






Stocks ready to Breakout



Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADBE,ADP,AKAM,AMGN,AMZN,APOL,
ATVI,BBBY,BIDU,BIIB,BRCM,CA,CELG,COST,CSCO,CTAS,ESRX,EXPD,EXPE,FAST,FLEX,
FSLR,GENZ,GILD,GOOG,HANS,INFY,ISRG,JNPR,LIFE,LINTA,MSFT,ORCL,ORLY,PAYX,
PDCO,PPDI,QCOM,RIMM,SBUX,SRCL,STLD,SYMC,TEVA,VRTX,WCRX,WYNN) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Sunday, November 29, 2009

Trading setups for November 30th



The S&P Model is short as of the close on November 27th. This model will cover the short and get long at the close tomorrow November 30th if the VIX stays below 25.93.


The NASDAQ model is short as of the close on November 27th. This model will cover the short to get flat at the close tomorrow November 30th if the VXN stays below 26.16 or if the VXN closes below 25.41 or if the VXN closes below the VXN open.

The VIX Model is long as of the close on November 11th. This model will sell the long and get short at the close tomorrow November 30th if the VIX stays below 25.93 or if the VIX closes below 24.85 or if the VIX closes below the VIX open.

Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Monday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.



Stocks ready to Breakout
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADBE,ADP,AKAM,AMGN,AMZN,APOL,
ATVI,BBBY,BIDU,BIIB,BRCM,CA,CELG,COST,CSCO,CTAS,CTSH,EBAY,ESRX,EXPD,EXPE,FAST,
FLEX,FSLR,GENZ,GILD,GOOG,GRMN,HANS,INFY,ISRG,JNPR,LIFE,LINTA,MSFT,ORCL,ORLY,
PAYX,PDCO,PPDI,QCOM,RIMM,SBUX,SRCL,SYMC,TEVA,WYNN) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Thursday, November 26, 2009

Trading setups for November 27th


The S&P Model is long as of the close on November 20th. This model will sell the long on a stop at 1057 and or sell the long and get short at the close tomorrow November 27th if the VIX stays above 20.05

The NASDAQ model is flat and in cash. This model will get short at the close tomorrow November 27th if the VXN stays above 21.1 or if the VXN closes above 21.32 or if the VXN closes above the VXN open.


The VIX Model is long as of the close on November 11th. No open orders.

Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Friday with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.




These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.


Stocks ready to Breakout
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADBE,ADP,AKAM,AMGN,AMZN,APOL,ATVI,BBBY,BIDU,BIIB,CA,CELG,COST,CSCO,CTAS,
CTSH,EBAY,ESRX,EXPD,FAST,FLEX,FSLR,FWLT,GILD,GOOG,HANS,ISRG,JBHT,LIFE,LINTA,
LOGI,MSFT,ORCL,ORLY,PAYX,PCAR,PDCO,QCOM,RIMM,SBUX,SRCL,SYMC,TEVA,WCRX,
WYNN) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Wednesday, November 25, 2009

Tuesday, November 24, 2009

Trading setups for November 25th


The S&P Model is long as of the close on November 20th. This model will sell the long and get short at the close tomorrow November 25th if the VIX stays above 20.47


The NASDAQ model is long as of the close on November 20th. This model will sell the long at the close tomorrow November 25th if the VXN stays above 21.49 or if the VXN closes above 21.5 or if the VXN closes above the VXN open.

The VIX Model is long as of the close on November 11th. No open orders.

Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Wednesday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.



Stocks ready to Breakout
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. () The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Monday, November 23, 2009

Third quarter system review

This post is to update the real time out of sample, trade setups that have been posted on this blog during the 3rd quarter 2009. This blog has been around for just over a year and I am happy to report that all the systems and setups that we post have been very profitable in a very difficult market.

Ripe Trades Level 1 made money on 17 trades out of 22 total trades , a 77.3% win ratio . The average trade made 3.4%. You can see a list of all the entry and exit dates and prices here.

Ripe Trades Level 2 made money on 4 trades out of 5 total trades, a 80% win ratio. The average trade made 20.2%. You can see a list of all the entry and exit dates and prices here.

Ripe Trades Short made money on 27 trades out of 38 total trades, a 71.1% win ratio. The average trade made 2.58%. You can see a list of all the entry and exit dates and prices here.

Breakout trades Longs made money on 18 out of 37 trades a 48.6% win rate. The Average trade made 1.04% . You can see a list of all the entry and exit dates and prices here.

Breakout trades Shorts made money on 9 out of 25 trades a 36% win rate. The Average trade lost -.24% . You can see a list of all the entry and exit dates and prices here.

Intermediate term system you can analyze the performance of the intermediate term S&P, NDX and VIX model in the image below. I am proud to say that these models are kicking serious tail. The S&P model is up 26.97% and NDX model is up 38.47% since Oct 20th 2008. These models have outperformed buy and hold over the same time and have only been invested a fraction of the time.

The Short term S&P system made money on the 2 out of 3 trades that triggered for the quarter. We made 6.2 pts from the September 2nd long, we lost 18.8pts from the short on July 20th, we made 17 pts from the long on July 9th,

The 2nd quarter 2009 trading system evaluation can be found here.

The 1st quarter 2009 trading system evaluation can be found here.

The 4th quarter 2008 trading system evaluation can be found here.


Click image to enlarge

Trading setups for November 24th


The S&P Model is long as of the close on November 20th. This model will sell the long and get short at the close tomorrow November 24th if the VIX stays above 20.9.

The NASDAQ model is long as of the close on November 20th. This model will sell the long on a stop at 1761.


The VIX Model is long as of the close on November 11th. No open orders.

Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Tuesday with the entry price limits specified , good for the day only.




Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.




Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.




These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.




Stocks ready to Breakout




Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADBE,ADP,AKAM,AMZN,APOL,ATVI,
BBBY,BIDU,BIIB,CA,CELG,CHRW,COST,CSCO,CTSH,CTXS,EBAY,ESRX,EXPD,EXPE,FAST,
FISV,FLEX,FSLR,FWLT,GILD,GOOG,INTU,ISRG,LIFE,LINTA,LOGI,NIHD,ORLY,PAYX,
PCAR,PDCO,PPDI,QCOM,SBUX,SRCL,SYMC,TEVA,WCRX,WYNN) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Sunday, November 22, 2009

Thanksgiving day trade


We are coming into a bit of a seasonal sweet spot for the markets. Im sure all of you guys and gals are well aware of the bullish seasonality the day before and day after Thanksgiving. I learned about this Thanksgiving seasonality in 2 of my favorite books. Stock Traders Almanac & Martin Zweigs winning on wall street. Historically buying on the close the Tuesday before Thanksgiving and selling on the close the Friday after thanksgiving would have yielded far superior returns when compared to a typical two day return. The edge in the S&P is 5 times larger than a random, 2 day holding period and the edge in the NASDAQ is 51 times larger than a random 2 day holding period with 83% of all occurrences being winners. See table below for complete performance statistics.

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You can increase the winning percent and increase the average trade return, significantly if you stretch the trade duration out a bit and buy at the close 8 trading days before Thanksgiving and sell at the open 32 trading days after the entry. This strategy would have made money 75% of all occurrences in the Dow Jones, 78% of the time in the NASDAQ and 70% of all occurrences in the S&P.

Maybe this bullish seasonality in the market around November is a result of investor enthusiasm from black Friday when all the retailers usually turn profits for the year, Im not really sure why the pattern is there but I know it is significant. I don’t ask why I just sell and buy.

( Click image to enlarge)
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Trading setups for November 23rd



The S&P Model is long as of the close on November 20th. No open orders


The NASDAQ model is long as of the close on November 20th. No open orders.

The VIX Model is long as of the close on November 11th. No open orders.



Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Monday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.






Stocks ready to Breakout
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADBE,ADP,AKAM,AMZN,APOL,ATVI,BBBY,BIDU,BIIB,CA,CELG,CEPH,CHKP,CHRW,COST,
CSCO,CTSH,CTXS,EBAY,ESRX,EXPD,EXPE,FAST,FISV,FLEX,FSLR,FWLT,GILD,GOOG,IACI,
INTU,ISRG,LIFE,LINTA,NIHD,NWSA,ORLY,PAYX,PCAR,PDCO,PPDI,QCOM,SBUX,SIAL,SRCL,
SYMC,TEVA,WYNN) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Thursday, November 19, 2009

Trading setups for November 20th



The S&P Model is short as of the close on November 17th. This model will cover the short and get long the S&P at the close tomorrow November 20th if the VIX stays below 24.2


The NASDAQ model is flat and in cash. This model will get long the NDX at the close tomorrow November 20th if the VXN stays below 24.08 or if the VXN closes below 23.3 or if the VXN closes below the VXN open.


The VIX Model is long as of the close on November 11th. No open orders.

Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Friday with the entry price limits specified , good for the day only.



Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.


Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.


These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.



Stocks ready to Breakout
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AMZN,APOL,BBBY,BIIB,CA,CELG,CEPH,
CHRW,COST,CSCO,CTAS,CTXS,EBAY,ESRX,EXPD,EXPE,FAST,FISV,FLEX,FSLR,FWLT,
GILD,HOLX,INTU,KLAC,LIFE,LLTC,LOGI,NIHD,NVDA,NWSA,ORLY,PCAR,PDCO,PPDI,
ROST,SBUX,SIAL,SRCL,SYMC,TEVA,VRSN,XRAY,YHOO) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Wednesday, November 18, 2009

Trading setups for November 19th


The S&P Model is short as of the close on November 17th. No open orders.


The NASDAQ model is flat and in cash. No open orders.

The VIX Model is long as of the close on November 11th. No open orders.


Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Thursday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.



Stocks ready to Breakout
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (APOL,BBBY,CELG,COST,CSCO,CTAS,
CTXS,EBAY,ESRX,EXPD,EXPE,FAST,FISV,FLEX,FSLR,FWLT,HOLX,INTU,JOYG,KLAC,
LIFE,LLTC,LOGI,NIHD,NTAP,PCAR,PDCO,PPDI,ROST,SIAL,SRCL,SYMC,TEVA,VRSN,
XRAY,YHOO) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Tuesday, November 17, 2009

Trading setups for November 18th


The S&P Model is short as of the close on November 17th. No open orders.

The NASDAQ model is flat and in cash. No open orders.


The VIX Model is long as of the close on November 11th. No open orders.


Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Wednesday with the entry price limits specified , good for the day only.




Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.




Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.




These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.




Stocks ready to Breakout




Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (APOL,BBBY,CSCO,CTAS,EBAY,ESRX,
EXPD,EXPE,FLEX,FSLR,HOLX,KLAC,LOGI,NIHD,PCAR,PDCO,PPDI,ROST,SYMC,VRSN,
XRAY,YHOO) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Monday, November 16, 2009

Trading setups for November 17th



The S&P Model is flat and in cash. This model will get short the S&P at the close tomorrow November 17th if the VIX stays above 22.02.


The NASDAQ model is flat and in cash. No open orders.

The VIX Model is long as of the close on November 11th. No open orders.


Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Tuesday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.



Stocks ready to Breakout
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (APOL,BBBY,ESRX,EXPD,EXPE,FLEX,
FSLR,ILMN,LOGI,NIHD,PCAR,PDCO,PPDI,SYMC,VRSN,WCRX,YHOO) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Sunday, November 15, 2009

Trading setups for November 16th


The S&P Model is flat and in cash. No open orders.


The NASDAQ model is flat and in cash. No open orders.


The VIX Model is long as of the close on November 11th. No open orders.

Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Friday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.




Stocks ready to Breakout
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (BBBY,ESRX,EXPE,FSLR,ILMN,JNPR,
LOGI,NIHD,PCAR,PDCO,PPDI,RYAAY,SYMC,URBN,VRSN,WCRX,YHOO) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Thursday, November 12, 2009

Trading setups for November


The S&P Model is flat and in cash. No open orders.

The NASDAQ model is flat and in cash. No open orders.
The VIX Model is long as of the close on November 11th. No open orders.


Ripe Trades




At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Friday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
Stocks ready to Breakout
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (APOL,EXPE,FSLR,ILMN,JNPR,LOGI,
NIHD,PDCO,PPDI,RYAAY,SHLD,SYMC,URBN,VRSN,WCRX,YHOO) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Wednesday, November 11, 2009

Veterans we salute you


Trading setups for November 12th


The S&P Model is flat and in cash. No open orders.

The NASDAQ model is flat and in cash. No open orders.


The VIX Model is long as of the close on November 11th.


Ripe Trades



At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Thursday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.






Stocks ready to Breakout
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (APOL,EXPE,FSLR,ILMN,JNPR,LINTA,
LOGI,NIHD,PDCO,PPDI,RYAAY,SHLD,SYMC,URBN,VRSN,WCRX,YHOO) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Tuesday, November 10, 2009

Trading setups for November 11th


The S&P Model is flat and in cash. No open orders.


The NASDAQ model is flat and in cash. No open orders.


The VIX Model is flat and in cash. This model will get long at the close tomorrow November 11th if the VIX stays above 22.78 or if the VIX closes above 22.84 or if the VIX closes above the VIX open.

Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Wednesday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.



Stocks ready to Breakout
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (EXPE,GENZ,ILMN,JNPR,LINTA,LOGI,
LRCX,NIHD,PDCO,RYAAY,SHLD,URBN,VRSN,YHOO) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Monday, November 9, 2009

Trading setups for November 10th



The S&P Model is flat and in cash. This model will get short at the close tomorrow November 10th if the VIX stays above 22.78.

The NASDAQ model is flat and in cash. No open orders.


The VIX Model is flat and in cash. This model will get long at the close tomorrow November 10th if the VIX stays above 22.78 or if the VIX closes above 23.15 or if the VIX closes above the VIX open.

Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Tuesday with the entry price limits specified , good for the day only.


Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.


Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.


These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.


Stocks ready to Breakout


Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (EBAY,GENZ,HOLX,ISRG,JNPR,LINTA,
LOGI,LRCX,NIHD,PCAR,SHLD,URBN,VRSN) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Saturday, November 7, 2009

Trading setups for November 9th


The S&P Model is flat and in cash. No open orders.


The NASDAQ model is flat and in cash. No open orders.


The VIX Model is flat and in cash. This model will get long at the close tomorrow November 9th if the VIX stays above 24.06 or if the VIX closes above 24.19 or if the VIX closes above the VIX open.


Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Monday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.



Stocks ready to Breakout
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (CELG,CTAS,EBAY,GENZ,IACI,ISRG,
JNPR,LINTA,NIHD,PCAR,URBN,VRSN) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Thursday, November 5, 2009

Trading setups for November 6th


The S&P Model is long as of the close on October 29th. This model will sell the long at the open tomorrow November 6th.

The NASDAQ model is long as of the close on October 29th. This model will sell the long at the open tomorrow November 6th.


The VIX Model is short as of the close on October 29th. The VIX model will cover the short on a stop at 21.64 and or cover the short and get long at the close tomorrow November 6th if the VIX stays above 25.41 or if the VIX closes above 25.43 or if the VIX closes above the VIX open.

Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Wednesday with the entry price limits specified , good for the day only.


Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.


Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.


These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.


Stocks ready to Breakout


Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AMZN,BBBY,CTAS,GENZ,IACI,LINTA,
PCAR,SRCL) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Wednesday, November 4, 2009

Trading setups for November 5th



The S&P Model is long as of the close on October 29th. The S&P model will sell the long at the close tomorrow November 5th if the VIX stays above 26.61.


The NASDAQ model is long as of the close on October 29th. No open orders.


The VIX Model is short as of the close on October 29th. The VIX model will cover the short and get long at the close tomorrow November 5th if the VIX stays above 26.61 or if the VIX closes above 27.72 or if the VIX closes above the VIX open.



Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Wednesday with the entry price limits specified , good for the day only.Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.



Stocks ready to Breakout
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADP,BBBY,COST,CTAS,GENZ,IACI,ISRG,
LIFE,LINTA,PCAR,SRCL) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Tuesday, November 3, 2009

Trading setups for November 4th


The S&P Model is long as of the close on October 29th. No open orders.


The NASDAQ model is long as of the close on October 29th. No open orders.


The VIX Model is short as of the close on October 29th. No open orders.


Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Wednesday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.


Stocks ready to Breakout
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADP,BBBY,COST,CTAS,GENZ,ISRG,
LIFE,LINTA,PAYX,SRCL) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Monday, November 2, 2009

Trading setups for November 3rd



The S&P Model is long as of the close on October 29th. No open orders.


The NASDAQ model is long as of the close on October 29th. No open orders.


The VIX Model is short as of the close on October 29th. No open orders.

Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Tuesday with the entry price limits specified , good for the day only.



Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.



Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.



These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.



Stocks ready to Breakout



Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADP,BBBY,CEPH,LIFE,LINTA,PAYX,
QCOM,SRCL) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Sunday, November 1, 2009

Trading setups for November 2nd



The S&P Model is long as of the close on October 29th. No open orders.


The NASDAQ model is long as of the close on October 29th. No open orders.


The VIX Model is short as of the close on October 29th. No open orders.

Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008. These are the stocks that qualify for Monday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.


Stocks ready to Breakout
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADP,BBBY,CEPH,GOOG,LIFE,LINTA,
PAYX,PCAR,SRCL) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.