Charts of Note, Fri. Jan. 30, 2015
Only four today: CBI, MA, SHAK, XRX.
Only four today: CBI, MA, SHAK, XRX.
Not sure what the news was and don't care... wasn't at my desk last night so I'm not sure if the scanner would have alerted me to that 11:30 bar where it broke above the 10 AM bar ... probably not. Thinking Larry Williams' old rule of just holding into day end works best, though I'm always interested in getting the best time-adjusted return (not just risk-adjusted). The low of that bar is 2.30 ... 20 cents of risk.
Five today: ALB, CAM, FTNT, RCL, SWFT.
Electronic Arts was moving over on the Nasdaq at the same time that Freescale was on the NYSE ... hard to keep an eye on both exchanges in the heat of battle (at the open) ... FSL would have been the better trade, we now know. Previous all-time high $26, so there was open sky above.
Found a trader on StockTwits who faded this move successfully. I don't understand his methods, but you can read his post and look at his charts here. I'm *always* interested to see how other people view things.
Again, a mover at the open ... had been creeping up after hours since reporting earnings ... would have been better just to carry into the close ... risk reward not wonderful trading it ... not a loser anyway.
Only three: FSL, SYRG, VMW ... saw National Oilwell Varco (NOV) go to new lows but that's an old energy name I've long followed.
The story of WWII code breakers in England ... starred the new Sherlock and Keira Cheekbones ... also had Sam Gamgee playing a Soviet spy ... wasn't aware of the gross indecency laws or "chemical castration" ... Turing no doubt also tortured by the "blood-soaked calculus" of keeping their crack a secret. Tentatively at a yellow rating.
Relatively few today: COMM, NVDA, PEP, PLD, PM
Experiment with stretching the picture width in SquareSpace.
Hard to make money here ... would have to drop down to the tick chart to look at what made up that 13:34 bar in detail.
Activist Elliott Said to Plan Push for Informatica LBO, Sale ... What time was the regulatory filing posted? Ah, "Accepted 2015-01-26 13:33:46"