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Welcome to the WallStreetTape.com Swing Trading Stock Picks Blog.
Tuesday, July 12, 2005
Swing Trading Stock Picks for 7/12/2005
WallStreetTape daily swing trading stock picks. Full commentary available at www.WallStreetTape.com
Commentary: Make sure your protective stops are in place on all open positions.
Stock Market News Always Updated!
Click Ticker Symbol for Stock Charts
Currently Open Positions:
MLHR - 5/13/2005 - Short from 28.85. Maintain your protective stop at 32.35. Initial target price $26.85.
ENWV - 5/19/2005 - Long from 30.50. We are up over 22.80pts. Maintain your protective stop at 47.50(+17 in the money). Initial target price $32.50 hit on 5/20/2005.
SMSC - 6/2/2005 - Long from 16.80. We are up over 8.21pts. Maintain your protective stop at 21.80(+5 in the money). Initial target price $18.80 hit on 6/7/2005.
VAR - 6/7/2005 - Long from 36.98. We are up over 1.51pts. Maintain your protective stop at 35.30. Initial target price $38.80.
SYMC - 6/15/2005 - Long from 21.35. Maintain your protective stop at 20.35. Initial target price $23.35.
NBIX - 6/29/2005 - Long from 42.15. We are up over 3.85pts. Maintain your protective stop at 42.15(Break Even). Initial target price $44.15 hit on 7/8/2005.
VECO - 7/6/2005 - Long from 16.55. We are up over 1.07pts. Maintain your protective stop at 15.55. Initial target price $18.65.
Remember that we are looking for 1-3 point moves on our targets. If reached, make sure you are closing at least 1/2 of your position.
Closing Positions:
None.
Daily Stock Picks for 7/12/2005
Ticker: BCF
Buy (Stop): 42.10
Stop Loss: 40.60
Initial Target: 44.10
Historical Volatility: High Risk
Commentary: Make sure your protective stops are in place on all open positions.
Stock Market News Always Updated!
Click Ticker Symbol for Stock Charts
Currently Open Positions:
MLHR - 5/13/2005 - Short from 28.85. Maintain your protective stop at 32.35. Initial target price $26.85.
ENWV - 5/19/2005 - Long from 30.50. We are up over 22.80pts. Maintain your protective stop at 47.50(+17 in the money). Initial target price $32.50 hit on 5/20/2005.
SMSC - 6/2/2005 - Long from 16.80. We are up over 8.21pts. Maintain your protective stop at 21.80(+5 in the money). Initial target price $18.80 hit on 6/7/2005.
VAR - 6/7/2005 - Long from 36.98. We are up over 1.51pts. Maintain your protective stop at 35.30. Initial target price $38.80.
SYMC - 6/15/2005 - Long from 21.35. Maintain your protective stop at 20.35. Initial target price $23.35.
NBIX - 6/29/2005 - Long from 42.15. We are up over 3.85pts. Maintain your protective stop at 42.15(Break Even). Initial target price $44.15 hit on 7/8/2005.
VECO - 7/6/2005 - Long from 16.55. We are up over 1.07pts. Maintain your protective stop at 15.55. Initial target price $18.65.
Remember that we are looking for 1-3 point moves on our targets. If reached, make sure you are closing at least 1/2 of your position.
Closing Positions:
None.
Daily Stock Picks for 7/12/2005
Ticker: BCF
Buy (Stop): 42.10
Stop Loss: 40.60
Initial Target: 44.10
Historical Volatility: High Risk