2011-10-05 – Key Stocks and Leveraged ETFs

By

FocalEquity

– October 5, 2011Posted in: Intraday Commentary

Tze (2011-10-05 Trading Day) – submit your questions and comments in our comment section through the comment link.

Crazy Stocks:

The market made an amazing rally during the last 30 minutes of yesterday’s trading. Please download our newly WEEKLY updated STOCK RANKING MODEL here: ModelOutput_20111002

1. (NYSE: IR) -Ingersoll-Rand PLC -IR is a stock that made a 52-week low today with 14 and 50 SMA turning down and ATR rising. The stock does not rank well within our stock model with a ranking of 1,047 out of 3,514. We expect to see a continuation of the downtrend in the near term.  A strong support would be the stock’s March 2009 low.

 

2. (NYSE: EK) - Eastman Kodak suffered from a little profit taking today but the stock made back some of its intra-day loss during after-hours. This is a very dangerous stock as the volatility on it is very high.   The stock’s top ranking makes it a very attractive short-term buy candidate. However, this is still a stock that is deeply in the bear zone after suffering a devastating loss.

 

Key Leveraged ETFs:

Download our latest leveraged ETF model update as of 10/04/2011. Download the DAILY updated model here: ETFRanking_20111004:

SCO – ProShares UltraShort DJ-UBS Crude Oi ETF Highlight:

SCO’s 14, 15 and 200 SMA are rising. The spread of the 14 and 50 SMAs is getting larger. The ETF is making higher highs so thus far.

Tags: Amazon, amd stock good buy, AMZN, Bear 3X, Direxion, DUG, Eastman Kodak, EK, elliott wave, FAZ, Financials, Ingersoll-Rand, IR, Oil and Gas, Proshares, qqqq, Russell 2000, S&P500, spy, stock model, the stock market, think or swim, thinkorswim, tock stock, Ultrashort, us dollar, WYNN, Wynn Resorts

About FocalEquity

Sun Tze is one of the founders of FocalEquity.com. After going through multiple transitions, Tze, Charlie Cheng and their new team are bringing new changes and features to the new FocalEquity.com in 2011. Tze is specialized in financial modeling and has a masters degree in Finance.

6 Comments

1. FocalEquity

   Posted October 5, 2011 at 1:23 AM

   Submit your comments and questions relating to any stock and leveraged ETFs on our daily discussion board and we will make sure to get back to you. You can also email us with your questions.

   FocalEquity’s disciplined approach to stocks and leveraged ETFs is unmatched by any other free stock blogs. The access our users have to quantitatively driven models are only available to paid subscribers on most sites. But through FocalEquity, you can download our model rankings for stocks and ETFs for FREE!

2. dsavill

   Posted October 5, 2011 at 10:56 AM

   ANW IS SURGING TODAY! I look to see today for the market to move even higher.

3. roller coaster

   Posted October 5, 2011 at 11:16 AM

   Seems like S&P and NASDAQ will be moving up, but it doesn’t seem like it’s moving up with much conviction. Commodities and currencies seem to confirm that.

4. FocalEquity

   Posted October 5, 2011 at 11:32 AM

   The upmove is timid but at least no panic selling.

   • dsavill

     Posted October 5, 2011 at 12:17 PM

     True now ANW after surging up fast to 4.65 is now dramitically fallen back down to 4.17 something must have broken again.

     • FocalEquity

       Posted October 5, 2011 at 1:13 PM

       Another stock that is comparable in terms of volatility is EK (Eastman Kodak) covered in our commentary.

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