2011 was Good, 2012 will be Better!

//2011 was Good, 2012 will be Better!

Hawk’s Scan Sentry Report January 1st

Welcome to Hawk’s Scan Sentry Report. This is Sunday night with equities analysis from Jan Arps’ Scan Sentry Toolkit for the year beginning January 1st, 2012.

Please allow me to take this first of the year opportunity to wish each of you a happy and profitable 2012. In our trading we will sometimes make money and sometimes lose money; but remember, that is not the essence of who we are. Making money is the reason we trade, but the reason we want that money is for the comfort and security it brings.  Please keep sight of the truly precious things in your life… the reasons you and I strive so hard to trade successfully and increase the value of our accounts. We all want to live a full and happy life, and most of us want to share our time on this Creation with loved ones in good health. My wish for you in 2012 is that your life be filled with these and other good blessings. And I hope that these free weekly reports help bring our hopes and dreams to fruition.

And now for the weekly equities analysis. This week I am seeing more selling signals than buying ones. The S&P futures contract is once again at resistance and showing bearish divergences signals with the Radar2 Price Leader as well as the Radar1 Fear/Greed indicator. However I am, as always, preparing myself with bullish as well as bearish stocks to watch this week. Below I have listed a few of them.

_____Shorts_____

RE

(Note the bearish ‘OB1’ signal coinciding with a Pullback 23. I also like the way this ‘bearish trend divergence’ has formed against Radar2 Price Leaser).

CDE

(Note the Bear Flag Breakout and then the pullback to the breakout price).

_____Long_____

FIRE

(I like the coincidence of the Trend Exhaustion 1 Oversold signal with the Pullback 23 signal. Warning…this should be considered a relatively risky short term opportunity… beware of the bearish pivot divergence with Radar1 Fear/Greed which has developed over the last several weeks ).

May the trend be with you,

Hawk

Jan Arps’ Traders’ Toolbox is not an investment advisory service nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. Examples presented on this site are for educational purposes only.  It should not be assumed that the methods, techniques, or indicators presented in these examples will be profitable or that they will not result in losses. There is a high degree of risk in trading.  Readers using this information are solely responsible for their actions and trade at their own risk. Readers should always check with their licensed financial advisor .

2018-01-08T08:04:23+00:00January 2nd, 2012|Hawk's Picks|