Sunday, December 10, 2017

Finding Stocks Before They Breakout

1. Do the work pre-market. 2. Understand that in the short-term all that matters is momo & mean reversion. 3.#1 scan should be stocks with highest the momentum, rank stocks based on best year to date performance.
4. Typically, contraction leads to expansion in stocks with high momentum. 5. a stock with very high momentum (fresh momo) starts to pullback, notice the volume decreasing. 6. Big tell, stock prints an inside day on the lowest volume since before the momo started.
7. For me, the inside day under this context signifies that the preceding move is over or coming to an end. 8. Now you want to be ready and buy on the first sign of expansion, usually through the previous day high. 9. You want to buy'em tight and sell them loose.
10. recent examples 11. Stocks down multiple days in a row is a good scan, many stocks that are up the most in the short-term have this one set up; down 3days or more up today.


12. When you buy them tight, it won't take much to know when you are wrong like 13. With that being said don't be afraid of getting stopped out and reentering if it sets up again


STOCK OF THE WEEK RECAP

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

Friday, December 8, 2017

Finding Stocks Before They Breakout

1. Finding stocks before they breakout. 2. Do your work pre-market. 3. Pre-market work helps with emotions. 4.  big winner, sell on the way up. 5. Are bear flags working?




STOCK OF THE WEEK RECAP

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

Thursday, December 7, 2017

Recap

1.Watchlists showing signs of life. 2.Scan down multiple days in a row RSI2<5 is a good one. 3.Rolling 5-day watchlists tells you all you need to know. 4.Dead cat bounces are doing ok 5.$MARK PRINted inside day on very low volume.



STOCK OF THE WEEK RECAP


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

Tuesday, December 5, 2017

The Record Breaking DOW

My rolling 5-day watchlist is my best barometer for the health of the market when it comes to swing-trading. Lately, the performance of the lists has been weak: stocks are not triggering, the ones that are are not seeing follow through.

The DOW has done well, and to most home-gamers that is all they need to see to say things are doing well. Yesterday at exactly 4:01 pm I get this alert on my iPhone from CNBC; BREAKING; DOW rises more than 50 points to record close as street cheers Senate passing tax bill. 

However, the DOW was up 300 points intraday. We have 270 stocks down 4% or more versus 145 that were up 4% or more. 844 stocks were up from the open versus 2,094 that were down from down the open. Bottom line; it wasn't as pretty as the headline sounds.

Talking about pretty, it has not been pretty for large tech names, weeks of gains have dissipated in a few days, look at $MU, $LRCX, $FB, $SMH, ETC.


My main interest today is SP500 and QQQ names that are down multiple days in a row and have an RSI2 lever under 5, all that means is that I'm looking for big cap names that are oversold in the short-term that have the potential to bounce.


While the reversal was ugly, according to historical data, yesterday's action has a bullish tilt to it.




STOCK OF THE WEEK RECAP

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

Sunday, December 3, 2017

How Do Stocks Move In The Short-Term

1. Stocks move in bursts. 2. What matters in the most in the short-term. 3. What to look for. 4. How do you set up this momo scan. 5. Bitcoin plays, what about them.



STOCK OF THE WEEK RECAP

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

Friday, December 1, 2017

Headline Market, Volatility Rises

In the video below I discussed;

  1. It is now a headline market.
  2. Suggestion on how to deal with stops now that volatility has increased.
  3. Weekly recap.
  4. Forget about the indices.




STOCK OF THE WEEK RECAP

Thursday, November 30, 2017

The Sell-Off Was Brutal

While the "MARKET" looked just fine to the home-gamers since the Dow was up and the SP500 was pretty much flat, some of the technology leaders lost weeks worth of gains in a few hours.

Facebook wiped out a months worth of gains yesterday, so did $LCRX, $SMH, $NVDA and many others. It was a big rotation from Tech to Finance.

It was ugly across the board for tech names, but these one-day sell-offs this year have been exactly that, one-day sell-offs. The Bears have not been able to produce any type of downside follow through this year. Maybe this time it will be different, perhaps it won't.

Back to the daily process;

On a daily basis, I go through 500-1000 charts, I run 4 different scans and then look at the top 200-500 stocks with the highest momentum. All this takes me about 30 minutes, I know exactly what I'm looking for.

I narrow down the universe of stocks to a handful of names sometimes a little more, then the market will narrow down the list further by getting me in or keeping me out of the names that make my list. If the stock does not go through the previous day's high, then I don't get involved (99% of the time). Yesterday I had 7-names on my list only two when through yesterday's high. This is what works for me, I look at charts a little different, and I believe certain things that you may not believe or agree with.

"How you trade is shaped by your beliefs. You do not trade the markets. Instead, you trade your beliefs about the market." Van K. Tharp.

STEPS ALL BEFORE THE MARKET OPENS.

  • SCAN.
  • PUT NAMES ON A WATCHLIST.
  • SET ALERTS ON YOUR SOFTWARE.
  • FIGURE OUT WHERE YOUR STOP LOSS WILL BE FOR EVERY NAME.
  • FIGURE OUT HOW MANY SHARES YOU ARE GOING TO BUY, RISK, ETC.
  • YOU CAN ENTER THE ORDERS MANUALLY AS THEY TRIGGER OR YOU CAN PLACE YOUR BUY STOP ORDERS PRE-MARKET MAYBE WITH A STARTING TIME LIKE 9:45.
  • THE ABOVE ARE THE ONLY THINGS YOU CAN CONTROL FOR THE MOST PART.
  • ONCE YOUR BUY STOP IS HIT, THE MARKET IS GOING TO DO WHAT It's GOING TO DO REGARDLESS OF HOW MUCH YOU WATCH OR CHEER.
  • RINSE AND REPEAT.

Here's my watchlist; I only have an interest in getting involved IF AND ONLY IF they can get through yesterday's high plus .10cents.




Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

Wednesday, November 29, 2017

Watchlist And Daily Process

On a daily basis, I go through 500-1000 charts, I run 4 different scans and then look at the top 200-500 stocks with the highest momentum. All this takes me about 30 minutes, I know exactly what I'm looking for.

I narrow down the universe of stocks to a handful of names sometimes a little more, then the market will narrow down the list further by getting me in or keeping me out of the names that make my list. If the stock does not go through the previous day's high, then I don't get involved (99% of the time). Yesterday I had 7-names on my list only two when through yesterday's high. This is what works for me, I look at charts a little different, and I believe certain things that you may not believe or agree with.

"How you trade is shaped by your beliefs. You do not trade the markets. Instead, you trade your beliefs about the market." Van K. Tharp.

STEPS ALL BEFORE THE MARKET OPENS.

  • SCAN.
  • PUT NAMES ON A WATCHLIST.
  • SET ALERTS ON YOUR SOFTWARE.
  • FIGURE OUT WHERE YOUR STOP LOSS WILL BE FOR EVERY NAME.
  • FIGURE OUT HOW MANY SHARES YOU ARE GOING TO BUY, RISK, ETC.
  • YOU CAN ENTER THE ORDERS MANUALLY AS THEY TRIGGER OR YOU CAN PLACE YOUR BUY STOP ORDERS PRE-MARKET MAYBE WITH A STARTING TIME LIKE 9:45.
  • THE ABOVE ARE THE ONLY THINGS YOU CAN CONTROL FOR THE MOST PART.
  • ONCE YOUR BUY STOP IS HIT, THE MARKET IS GOING TO DO WHAT It's GOING TO DO REGARDLESS OF HOW MUCH YOU WATCH OR CHEER.
  • RINSE AND REPEAT.
Here's my watchlist; I only have an interest in getting involved IF AND ONLY IF they can get through yesterday's high plus .10cents.




STOCK OF THE WEEK RECAP

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

Tuesday, November 28, 2017

Trust The Process--Midday Recap



STOCK OF THE WEEK RECAP

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

11/28 Watchlist and Process

On a daily basis, I go through 500-1000 charts, I run 4 different scans and then look at the top 200-500 stocks with the highest momentum. All this takes me about 30 minutes, I know exactly what I'm looking for.

I narrow down the universe of stocks to a handful of names sometimes a little more, then the market will narrow down the list further by getting me in or keeping me out of the names that make my list. If the stock does not go through the previous day's high, then I don't get involved (99% of the time). Yesterday I had 7-names on my list only two when through yesterday's high. This is what works for me, I look at charts a little different, and I believe certain things that you may not believe or agree with.

"How you trade is shaped by your beliefs. You do not trade the markets. Instead, you trade your beliefs about the market." Van K. Tharp.

STEPS ALL BEFORE THE MARKET OPENS.

  • SCAN.
  • PUT NAMES ON A WATCHLIST.
  • SET ALERTS ON YOUR SOFTWARE.
  • FIGURE OUT WHERE YOUR STOP LOSS WILL BE FOR EVERY NAME.
  • FIGURE OUT HOW MANY SHARES YOU ARE GOING TO BUY, RISK, ETC.
  • YOU CAN ENTER THE ORDERS MANUALLY AS THEY TRIGGER OR YOU CAN PLACE YOUR BUY STOP ORDERS PRE-MARKET MAYBE WITH A STARTING TIME LIKE 9:45.
  • THE ABOVE ARE THE ONLY THINGS YOU CAN CONTROL FOR THE MOST PART.
  • ONCE YOUR BUY STOP IS HIT, THE MARKET IS GOING TO DO WHAT It's GOING TO DO REGARDLESS OF HOW MUCH YOU WATCH OR CHEER.
  • RINSE AND REPEAT.
Here's my watchlist; I only have an interest in getting involved IF AND ONLY IF they can get through yesterday's high plus .10cents.





STOCK OF THE WEEK RECAP

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Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

Sunday, November 26, 2017

Market Recap, Looking For This Week's Big Winner

In this week's video I discuss a few things;

  • Why I don't talk about the market much.
  • Stocks move in bursts, 5-20% at a clip.
  • I go over a few recent examples $GROW, $ANAB, $ZYNE, $OSTK.
  • How do you set up the scan I run.
  • Don't chase.





STOCK OF THE WEEK RECAP

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

Sunday, November 19, 2017

Hunting For This Week's Big Turkey $$

In this video we are searching for this week's big winner, I also give some recent examples of what to look for and how to set up your scan to find big short-term winners.



STOCK OF THE WEEK RECAP

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

IBD WEEKLY RECAP 11/20




STOCK OF THE WEEK RECAP

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

Friday, November 17, 2017

How To Trade All or None Sectors




STOCK OF THE WEEK RECAP



Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

Saturday, November 11, 2017

Taking Advantage Of Short-term Moves

I'm a big believer that stocks move in short-term bursts. Small capitalization (small floats) stocks could easily move 5-20% in 3-5 days, possibly even more, depending on market conditions. Large capitalization stocks move in dollar terms, $5-10 at a clip.

What is swing trading, what is momentum burst? No one has a better answer than Stockbee. Very simply, it is a structural phenomenon that has existed for a long time, stocks can move in the short term without an identifiable catalyst.

$ZYNE a stock we highlighted on 11/2/17 fits the bill.

  • The stock made a 100% on 9/28 on the back of some positive phase 2 results.
  • It then traded sideways for 23-days before we flagged it.
  • After our buy-stop was triggered it went on to move 30% on no news.


They don't all work like this, like every other strategy you are going to be wrong half the time, money management is key, and position size will make all the difference in the world.

Identifying the stock at the right time is only the first step, the most important steps are position size and management of losers and winners. But if you understand the math you can make swing trading work within a passive portfolio.

The best way to find the best short-term momentum candidates is to look at the top 300-400 best-performing stocks year to date, I explain more in the video below.




STOCK OF THE WEEK RECAP

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 
We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.

Friday, November 3, 2017

Anadarko Petroleum Buying Back Shares

Anadarko Petroleum $APC is a very interesting situation because they just announced a 2.5 billion dollar buyback and entered into an accelerated repurchase program to do the first 1-billion by year-end.  Basically, its somewhat of an underlying bid for the stock. This stock should be on your radar on all the down days.



STOCK OF THE WEEK RECAP


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 
We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.

Wednesday, November 1, 2017

Some Signs Of Life

On the video below, I go over my watchlist for today and highlight some stocks that are showing some signs of life.


STOCK OF THE WEEK RECAP


Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 
We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.

Tuesday, October 31, 2017

How To Deal With Negative Divergences

It has been the same song and dance for the last couple of weeks, many stocks are not triggering and those that are triggering are not showing much follow through. You can see that on the chart below that looks at the number of stocks up 13% or more in the last 34-days versus those that are down 13% in the last 34-days.


In the VIDEO below I discussed the stocks on my watchlist and a way to deal with negative divergences/narrow rallies.

$CWBR $VERI $EHIC $TGT $FIVE $TTD $GWRE $SQM


STOCK OF THE WEEK RECAP



Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 
We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.