Trading Thoughts for the Solstice

//Trading Thoughts for the Solstice

Welcome to Hawk’s Scan Sentry Report. This is Sunday night with equities analysis from Jan Arps’ Scan Sentry Toolkit for the week beginning December 19.

The winter darkness is approaching its deepest and longest phase of the year; and all of the cultural celebrations which are (coincidentally?) celebrated this season are drawing attention and volume out of the American markets which I look at here in this blog every week.  A consequence of this is that the markets may be moved with a bit less volume and enthusiasm than at other times of the year.  Personally, I do not expect to be trading (much) this week.. but I’ll still offer a few stocks to look at which the Arps Scan Sentry Toolkit has identified as potentially tradeable.

Before listing those equities however, I want to take this opportunity to thank you for the time you take to read these posts, and for your interest in the suite of Arps of tools. I hope that the New Year will enable your heart to be filled with the precious things in your life; and that your trading account can also be fulfilled.

Here are a few ideas to look at for short term trading opportunities.

_____Longs_____

BBCN

(Pullback into the Triple Trender within a flag breakout pattern, and Radar2 Price Leader preparing to give a buy signal ).


FTI

(A pullback into resistance after a flag pattern breakout. This one created a ‘Bullish Trend Divergence” ).


_____Short_____

FDS

(Bearish Triple Trender alignment with recent cross into bearish Radar3 Trend Strength indication. Potential Bear Flag breakout ).

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 .

2018-01-08T08:04:56+00:00December 18th, 2011|Hawk's Picks|