Steckler's Star Studded Stock Picks

UFPT on fire

Up 13% on very heavy volume.

Bullish engulfing bar on HANS

Plenty of time left in the trading session, however, so it could easily sell off from here.

Some black on a red day

HANS is trying to recover some lost ground. UFPT is up another 6% and but for the fact its RS is too low, is making a textbook Cooper 1-2-3-4 breakout. AOB is trying hard to followthrough on Friday's breakout.

Keeping an eye on

HOM, which fell to and is holding its 20-day EMA.

Dave...you mentioned on Peanuts thread:

ParkTwain, financial stocks typically outperform when interest rates are near their peak

I know you are right...But can you shed some light on why?...thx...Doug(IIC)

Financial stocks tend to outperform when interest rates stablize because they cash in on strong loan demand and reliable margins.

[IIC]

Dave...you mentioned on Peanuts thread:

ParkTwain, financial stocks typically outperform when interest rates are near their peak

I know you are right...But can you shed some light on why?...thx...Doug(IIC)

Cooper 1-2-3-4 candidates for next week

BID
WIRE
WPSC

Cooper candidate are stocks that have a high RS rank (95 or greater) and make a three-day pullback, either three consecutive lower lows or a combination of lower lows and inside days. Enter long on Day 4, 1 - 2 ticks above the Day-3 high.

The trade can be worked one additional day (lower low or inside day on Day 4, enter long on Day 5 one - two ticks above the Day-4 high). If it doesn't pop on Day 5, abandon the trade.

Bow candidates for next week

EFH
ACW
BBG
ORA
CMT
WLDA
ETM
GOM


1. The MAs shift from proper downtrend order (10-SMA < 20-EMA < 30-EMA) to proper uptrend order (10-SMA > 20-EMA > 30-EMA). What you're looking for is for the MAs to converge and then spread out again, giving the appearance of a bow tie.

2. Today's low must be less than yesterday's low.

3. Tomorrow, place a buy order 1 - 2 ticks above today's high good for tomorrow.

4. If not filled, continue to work the order above the prior day's high good for the next trading day until either filled or the stock trades below its 20-day EMA.

5. If filled, place a protective stop below the lowest bar in the setup.

Monday

Be aware that the last five Mondays of Triple Witching Week have been down.

UFPT up 6%. Looks like there may be some short covering at work here.

UFPT reversing upward

Nice long lower shadow action today.

DTLK flat on the day

After falling back to the 20-day EMA.

Bought back WCC

Sold it yesterday and bought it back today at 69, on a pullback to the 50DMA. Take a look at a one year chart and you'll see this stock has been a tremendous winner.

PCLN looks like a Cooper pullback

But it's not because the RS = 80.

The pause that refreshes?

Or a stall leading to a decline? Take a look at the IFS chart.