Stock Market Analysis - Learn to trade stocks online

Thursday, May 14, 2009

Site Moved to www.dojitrading.com

This blog has been moved to http://www.dojitrading.com

Thursday, January 29, 2009

My stock pick for tomorrow (1/30/09) ARTG


1. It rise on strong volume while dow is down over 200.
2. Rsi, Macd, and stochastic are all up.
3. holding 1-5 days.

Wednesday, January 28, 2009

Stock Pick for tomorrow (1/29/09) - SOHU

Sorry guys, I went on vacation this month. The site will be back to normal. Stocks I bought this month were EEV (+10%), EOG (+5%), FLO (+1%), all holding 3-5 days. One of the best stock that I missed was IDCC (+18.5%) that I had on my watch list on 1/20 which I was thinking to buy on the 21th. What hold me back was it was hitting resistance at $28 and reach 52 week high. So I thought I would see how the stock goes before jump in the open since the stock wasn't volatile anyway. (usually it trades in the range of -3% and +3%. However, on 21th, that stock keep rising up to 10% that day and I missed my entry.

My stock pick for tomorrow is SOHU.
Holding time 1-5 days.

1. Candlestick is bullish
2. Macd is pointing up from below 0.
3. Stochastic is up
4. Volume is above average
5. Rsi is pointing up to the 50's.

Monday, January 5, 2009

List of Stochastic Divergent stocks for 1/5/2009

List of Stochastic Divergent stocks for 1/5/2009
Chart Stock Symbol Open High Low Close Trading Volume % Change
View Chart YSI 4.35 4.38 4.09 4.22 562789 -4.95%
View Chart WMI 33.70 33.98 33.38 33.57 2800000 -0.59%
View Chart VRTX 30.63 32.27 30.24 32.15 2310000 4.76%
View Chart TSO 13.62 14.64 13.42 14.37 11320000 4.21%
View Chart TIVO 7.25 7.34 7.11 7.26 862870 0.41%
View Chart STEM 1.47 1.58 1.40 1.50 3050000 4.90%
View Chart SPW 43.08 44.93 42.31 43.96 1220000 1.15%
View Chart SPIL 4.77 4.85 4.62 4.78 1680000 1.70%
View Chart SNDA 33.41 33.85 32.50 33.47 738325 0.09%
View Chart SEIC 15.92 15.93 15.44 15.65 977246 -2.67%
View Chart SCSS 0.25 0.29 0.25 0.26 526799 0.00%
View Chart SBH 5.55 5.73 5.36 5.72 565246 0.70%
View Chart ROK 33.90 34.45 33.09 34.06 892514 -0.03%
View Chart RHT 13.97 14.30 13.72 14.14 1710000 1.07%
View Chart QI 0.46 0.56 0.38 0.47 6850000 23.68%
View Chart PWR 20.87 21.99 20.51 21.32 4430000 1.91%
View Chart PWE 12.36 13.15 12.04 12.91 4140000 7.23%
View Chart PSS 11.95 12.20 11.81 12.08 743431 -1.87%
View Chart PLD 14.15 14.58 13.57 14.21 16880000 0.28%
View Chart PLCE 22.27 22.42 21.22 21.37 384523 -5.19%
View Chart PL 14.45 14.94 13.71 14.84 750962 1.78%
View Chart PG 62.32 62.80 61.59 62.35 14100000 -0.72%
View Chart PCZ 24.49 26.25 23.81 25.37 3600000 6.55%
View Chart PAY 5.10 5.39 5.09 5.29 964438 -0.19%
View Chart PALM 3.18 3.25 3.14 3.25 2640000 4.17%
View Chart OXY 61.94 63.97 60.88 61.74 9780000 -0.68%
View Chart OKE 30.40 30.91 30.32 30.79 774108 0.62%
View Chart NT 0.29 0.30 0.28 0.29 6300000 0.00%
View Chart NRF 4.23 4.44 4.17 4.45 489594 6.71%
View Chart NAT 34.53 37.17 34.39 36.85 1620000 7.15%
View Chart MTZ 11.63 11.85 11.30 11.75 864112 -0.34%
View Chart MTW 9.48 10.05 9.22 9.84 3830000 3.69%
View Chart MOV 9.76 10.04 9.60 9.95 265561 2.26%
View Chart MMM 58.79 59.19 58.11 58.50 3690000 -1.17%
View Chart MI 13.60 13.78 12.88 12.99 3140000 -5.73%
View Chart MEDX 5.46 5.47 5.25 5.39 1340000 -1.46%
View Chart AFFX 3.18 3.19 2.91 3.16 694359 1.28%
View Chart AG 25.73 27.68 25.39 26.60 2220000 2.35%
View Chart LAMR 14.46 14.99 13.44 14.75 1360000 4.91%
View Chart APA 78.90 85.32 78.63 83.05 7110000 4.78%
View Chart IDCC 27.79 28.16 27.52 28.11 651709 1.15%
View Chart ATW 17.55 19.18 17.17 18.47 1980000 5.42%
View Chart HLF 21.42 22.51 21.03 22.40 736593 2.99%
View Chart GLBL 3.92 3.92 3.63 3.81 1510000 -1.80%
View Chart CC 0.14 0.15 0.14 0.15 643995 7.14%
View Chart FIG 1.41 2.39 1.27 1.90 10660000 49.61%
View Chart COL 40.49 41.45 40.20 41.09 807849 0.71%
View Chart ENTG 2.29 2.30 2.08 2.08 737569 -9.57%
View Chart CSIQ 6.67 7.49 6.55 7.04 2070000 8.47%
View Chart DSX 14.29 14.82 13.91 14.32 2300000 2.87%

List of Macd Histogram Divergent stocks for 1/5/2009

List of Macd Histogram Divergent stocks for 1/5/2009
Chart Stock Symbol Open High Low Close Trading Volume % Change
View Chart UPL 36.27 39.00 36.19 38.14 2090000 2.78%
View Chart TM 65.68 66.57 65.28 65.62 861239 -1.40%
View Chart SRS 54.20 56.24 52.33 55.26 17310000 6.07%
View Chart SKF 103.20 107.03 101.56 105.84 19080000 3.48%
View Chart PNC 48.10 49.22 47.27 48.10 4940000 -1.01%
View Chart MSCC 12.82 13.56 12.67 13.48 1270000 4.66%
View Chart MON 73.44 75.62 72.33 74.38 6790000 0.90%
View Chart AMED 40.72 41.18 40.05 40.33 596801 -0.96%
View Chart ATN 13.85 15.65 13.80 15.02 584494 8.06%
View Chart HSIC 37.76 38.33 36.90 38.00 1020000 0.03%
View Chart HE 22.32 22.37 22.00 22.36 611445 0.22%
View Chart FXP 30.41 30.72 29.14 30.09 1980000 -2.21%
View Chart CLR 22.52 25.30 22.26 24.57 1530000 9.10%
View Chart DZZ 26.51 26.73 25.07 26.04 551973 4.12%
View Chart DXD 50.85 51.84 50.21 51.00 8210000 0.83%

List of Macd Divergent stocks for 1/5/2009

List of Macd Divergent stocks for 1/5/2009
Chart Stock Symbol Open High Low Close Trading Volume % Change
View Chart VIP 8.33 8.90 7.87 8.81 7580000 7.70%
View Chart USO 35.76 37.83 35.51 37.34 34600000 4.80%
View Chart UPL 36.27 39.00 36.19 38.14 2090000 2.78%
View Chart SLB 45.12 48.99 44.81 46.82 13360000 2.00%
View Chart SINA 24.33 24.81 23.81 24.68 1110000 1.73%
View Chart PWRD 18.32 18.32 17.58 17.96 400711 -2.18%
View Chart PNC 48.10 49.22 47.27 48.10 4940000 -1.01%
View Chart NCT 0.82 0.82 0.69 0.69 798989 -12.66%
View Chart MON 73.44 75.62 72.33 74.38 6790000 0.90%
View Chart MBI 4.42 5.10 4.33 4.85 8670000 7.78%
View Chart LF 3.53 3.55 3.31 3.52 473828 0.00%
View Chart KSU 20.30 22.07 20.00 21.49 1950000 5.39%
View Chart HTV 6.36 6.52 6.10 6.26 141363 -3.69%
View Chart ATW 17.55 19.18 17.17 18.47 1980000 5.42%
View Chart HOV 1.61 1.99 1.61 1.88 4350000 15.34%
View Chart HOS 17.63 19.56 17.37 18.68 601088 6.86%
View Chart BKS 16.12 17.78 15.32 17.38 1700000 13.45%
View Chart HBC 48.72 50.00 48.46 49.51 1230000 -0.12%
View Chart BMO 26.78 27.95 26.20 27.49 588120 3.78%
View Chart GU 1.96 2.41 1.90 2.29 1880000 20.53%
View Chart BRY 7.96 8.59 7.75 8.27 977402 1.97%
View Chart BZH 1.52 1.65 1.43 1.56 1170000 2.63%
View Chart FXP 30.41 30.72 29.14 30.09 1980000 -2.21%
View Chart FTI 25.30 27.17 25.06 26.45 1080000 4.46%
View Chart FBN 2.27 2.30 2.06 2.28 596468 1.79%
View Chart ESRX 56.68 57.15 55.55 57.12 1890000 0.76%
View Chart COF 32.39 33.75 32.01 33.04 6620000 -0.81%
View Chart CRDN 21.12 22.00 20.85 21.70 391199 3.19%
View Chart EL 32.01 32.65 30.67 31.08 2090000 -4.75%
View Chart EK 6.92 7.18 6.80 7.10 3890000 3.35%
View Chart CTRP 23.55 24.80 22.96 24.38 638707 3.13%
View Chart DPTR 5.24 5.49 5.05 5.23 1430000 -0.19%

Sunday, January 4, 2009

5 steps to build a trading system (Part I)

1. Study the daily bullish patterns base on candlestick, macd, stochastic, Average Directional Index (ADX), moving average, or any other any technical indicators you like.

2. Analyze their charts and see if they are common patterns they share as the base point for your system.

3. Backtest this pattern and try to break it. For example, if the patterns you found is the stock rises on stochastic crossover 30, macd crossover, and bullish engulfing with candlestick. You will test it not only with historical data but also paper trade the pattern using live data. Whenever the system fail, try to find out why it failed and add this new condition to your system and again start to backtest this new system with both historical data and paper trade the system.

4. Until I am confident that the system works with a good win-loss ratio (You need an at least 3:1 percentage win-loss ratio to use the system), I will start trading base on my new system.

5. There is no one single system that will work forever under every market environment. So if your system starts to failed on 3 consecutive losses, Stop using it for a while. This does not mean you will throw away your system completely, you will keep it on file and start use it again when the market environment changes and the system start to work again.

6. Keep repeating steps 1-5 to develop new trading systems that work for you.