From: tom lloyd <[address removed]>
Date: January 4, 2015 at 12:50:30 PM EST
To: [address removed]
Subject: [MITT] Swing trading Dow stocks
Reply-To: [address removed]

Lloyd's Newsletter, Sunday, January 4, 2015

Attached is our latest ratings on the Dow 30 stocks and we want to focus using our new Demand/Supply  20-day bar chart on swing trading the Dow Index stocks.

Traders are always looking for the surprise signal to play. Thus they know there is a regular pattern of Demand/Supply and this can be seen on our 20-day bar chart. Normally the green bars will increase to a peak and then drop down and into the red. Then reverse. When this pattern is broken traders become very interested in the "surprise". Let's go to the "video tape" the attachment and see what we can find.

CAT- notice all the bars are in the red, continuous supply leaning on price. The red bars started improving and should have gone into the green. They DID NOT! That is a negative surprise technicially. It confirms the continued bearish pressure on price that a swing trader might want to use when the Dow Index is down some day this week. Index selling plus supply in a stock, plus a negative demand/supply surprise may be a good combination for a trade. Also notice that Supply 2 last week increased to Supply 4 this week confirming what we see on the bar chart. Likewise CAT has a failing grade of 48 in the red. There is no Technical buy signal showing.

VZ and JNJ have similar 20-day bar charts and increasing supply from last week.

AXP, CVX, GE, MSFT, MCD, T show red bars starting or increasing in supply.

DIS, INTC, UTX, PG have SAR sell signals and red bars. Except DIS dropping green bars have not gone red yet.

What can a swing trader play on an up day in the Dow Index. Obiously we want to find stocks where the bars are going from red to green and increasing to a green peak in the bars.

JPM, V and PFE look interesting for an up day in the market. They all have buy, buy signals for Fundmamentals and Technicals and high grades in the green. JPM and PFE show Demand increasing since last week. All show bars in the green. Both PFE and V show a slight increase in the latest green bar.

Traders want to have everything going for them. They are not gamblers. If short they want to see overall bad grades and a lack of buy signals as well as red bars increasing.. If long they want to see overall good grades and buy signals for Fundamentals and Technicals. And they want to see green bars increasing.

I never met a professional trader who was a risk taker. They all wanted slam-dunks with everything on their side. There was a good reason for this. THEY DID NOT WANT TO BE FIRED!

Disclaimer: We do not recommend stocks or securities. Nothing on this website, in our reports and emails or in our meetings is a recommendation to buy or sell any security. You need to do your own due diligence and consult with a professional financial advisor before acting on any information provided on this website or at our meetings. Our meetings and website are for educational purposes only. Any content sent to you is sent out as any newspaper or newsletter, is for educational purposes and never should be taken as a recommendation to buy or sell any security. The use of terms buy, sell or hold are not recommendations to buy sell or hold any security. They are used here strictly for educational purposes. Analysts opinions are educated guesses and can be wrong. Computer systems can be wrong. Chart buy and sell signals can be wrong. Therefore you must always do your own due diligence before buying or selling any stock discussed here. We assume no liability for erroneous data or opinions you hear at our meetings and see on this website or its emails and reports. You use this website and our meetings at your own risk.

Disclosure - I have no position in these stocks, but may be long or short anytime in the future.

 

Check out my new book "Successful Stock Signals" published by Wiley; book and its live chart package available at StockCharts.com

 

 

 

 

 

 

 

 

 

 

 

 

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