Kudrna's Stock Market Talk

Assuming the trend continues, now is the time to get into Verizon (VZ) for its run-up to the dividend next month.   VZ tends to be one of my favorite dividend plays for its strong yield, 6.7%.  Recently, I swapped out of Altria (MO), after ensuring I was on the books for the dividend, and increased my position in VZ with the proceeds.  The chart will explain why. (more…)

Good evening readers.  Below, are some of the most requested charts over the past few days.  The bulls made a nice run this morning only to falter later in the day.  We still need to break the 200-day MA in the S&P 500, which is about 1108.  If we can do that, it will be easier to embrace the bulls and we should see more dip buyers joining in, out of fear they might miss out on gains.  However, today I saw many bullish analysts turn short, so be prepared for some downside risk before we attempt to test the 1108 resistance again.  Keep that in mind when viewing the charts, as a major selloff could overrule the indicators, no matter how bullish they appear. (more…)

In this video (see below), Energy Guru from TheStreet.com, Daniel Dicker, confirms his bullish thesis on Natural Gas.  I had a few questions for Dan to feel out his own short-term thinking and how he is positioning his energy portfolio.  (more…)

Continued from Part 1 of A Daytraders Strategy

Another successful strategy I use to day trade is very similar to the one used in Part One. However, this strategy uses different indicators to lead the decision making in the trade.  Recently, I successfully utilized this strategy when trading Jones Soda (JSDA).  Jones was having a breakout, over a few days, and the volume was significantly higher than average.  Most of this was attributed to the shorts getting squeezed early and the bulls running hard for a few days.  The two constants in this trading strategy, when compared to the other strategy, are high volume and the stock being positive on the day.  Without those two, I am very likely to pass immediately on the chart. (more…)

In this video (see below, may take an extra minute to load), Energy Guru from TheStreet.com, Daniel Dicker, agrees with my short-term bullish thesis on natural gas.  Even though they completely butchered my last name, Dicker gives some quality names, pronounced correctly,  in the natural gas sector to look into.  Personally, I wanted to go a bit more speculative, and went with Gastar Exploration (GST).  For less risky picks, I’d go with Dan Dicker’s choices in the video.   (more…)

With an uncertain market, it is tough to build long positions with confidence.  The psychology of the market is very irrational and swinging up and down with ease.  Even on down days though, pockets of strength typically exist.  The challenge is finding something to believe in, even if it’s just for the intraday. (more…)

Most sites will talk about all the 1000% gains they supposedly made yet never talk about any bad trades or provide lessons to actually learn from.  They want you to think that experts are flawless and never fail so you buy into their product/service and hope to make money.  The reality is that is far from the truth.  Many traders/investors just win 50% of the time unless they are manipulating the stock themselves which you have to be concerned/aware about in pennyland.  That is why I put zero trust in any newsletters pumping a stock. (more…)

A great week here at Kudrna’s Stock Market Talk. Here are this weeks Chatroom Trader Awards. Congrats to OCWAVE for giving a call that could have netted you 375% within 1 week with LCRE! Other notable stock winners: HMIT for 250%, GOIG for 50%, CHCI for 48%, and KOG for 22%. If you missed out on these trades, get in chat during the market hours and build some relationships with the good folks here at Kudrna’s Stock Market Talk.  (more…)

After scouring my stock screener for potential stocks to breakout over the coming days and weeks, I have encountered a few interesting charts to write about.  Most of these will be purely chart-based analysis as these are predominately potential trades over the days/weeks rather than long-term investments.  My current portfolio already has solid positions for long-term but the 20% I allocate for trades is often free due to the speed of moving in and out of stocks.  With that being said, I’m going to cover a few potential stocks, under $5, that could turn out to be good trades if the charts strengthen tomorrow rather than deteriorates. (more…)

Part 1 of 2

Click For Part 2 of 2 Here

All successful day traders have a method or methods to reduce risk and net quick gains.  The idea is to make quick yet small gains over and over to build wealth over time.  Sometimes those gains are significant but many times they are a small percentage which is just as important if you can do this many times a week.  There are numerous methods to the same outcome, making money, so do not let someone try to tell you there way is the only way to do so.   As all traders/investors, I have gained my experience by being thrown into the fire.  Due to this, I have created rules for myself.  The most important rule here is I never use more than 20% of my portfolio for day trading purposes.  The rest I keep in various types of longer-term investments, whether they are just a few weeks or over a year.  Trying to categorize someone as if they must be only an investor or a trader, not both, is just plain silly and shows inexperience / brainwashed thinking.  It is wise to take the best of each and mold it with your own creative touch to what works best for you.  I will touch upon that in a later article.  During this article, I will use some examples of recent successful trades to help illustrate what I am viewing when I trade.  Due to the size of the article, I will break it into two parts.  Now let us dig into the details of one of my favorite trading methods. (more…)