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That's some brutal delivery shenanigans, man
I'm glad you pointed out what was really going on, good for you!
Sorry it made the job twice as long now :(
Welcome back, Sam - good to hear about your Dad
Quiet day here, just focusing on research and scan results. Good stuff!
Thank you Haha, that is very useful info
I've used some of their Predefined Scan strings to use in my own scans, it's very helpful because you can immediately see the effect it has on the returns you get
Cheers!
EOD Report - Sept 29> Oct 2:
Notes on Sam's EOD picks from Sept 29 (Sam has cautioned that it is difficult to trust Friday Scan results as many are exiting positions etc)
(Assumptions -- I paper bought 100 shares of every ticker)
Where Options were available, I bought next expiry date, 10 Calls for 2 strikes 1 just above and 1 below the Money) Some have no option volume or options at all
Basket of shares 'cost' $6100 and high today $6140
Basket of Call Options - $4340 and high today $4740
Mon Oct 2 Morning at the Open: No Gappers at all, OCN Flat, DHI and TUES has big red candles (They both rallied hard after 10:00). BCGP only one that continued unbroken uptrend, nice and smooth.
Options totally flat for most of the morning (these don't have much option traffic). Then by end of day OCN and BGCP Calls up impressively
(roughly 10 and 50 % depending on Strike below or above The Money)
From earlier EOD Scans - Global and Sam's picks from earlier in the week, Sept 27 + 28 are doing well!
My SPPI Calls are up 50 and 110%, while the TUES Calls are up 116% wow!
Sam's Sept 28 basket (shares) are up almost %60 overall after 2 trade days
Shares on those are also up around.. 10% or more since they were flagged
Also PETZ Shares are up 80% :)
Great work guys, This is really encouraging stuff.
TV
Thank you sir, no secrets :)
Stay tuned Kim, we just felt the need for more discretion when it comes to discussing some things on iHub
Good stuff guys!
Thx Blackshire
I'm going to report on these when I get a chance. Some good runners!
Sam is on a construction site this week and said he'll be out of touch.
Kudos to Global - LCI running Yuuuge
That one looked good and I picked up some real $ Calls, LCI exploding upwards this morning, my 'ridiculous' Limit Sell got hit :)
Watching Sam's EOD Picks from last week closely
Will report in a bit :)
We're getting there :)
Hope all our ship mates are doing well, let's have a successful and fun week people
Very well put, Kim!
We've all got to cherish our parents while we have them. And the rest of the family too :)
Well, good morning and I hope this week is better for everyone!
Totally awful what happened in Vegas
Some real maniacs out there, it's very sad.
EOD Thurs into Fri Report:
Here are my notes on how it went with the Thurs EOD Scan picks, courtesy of Global :)
(Assumptions -- I paper bought 100 shares of each and every one.
Where Options were available, I bought next expiry date, 10 Calls for 2 strikes 1 just above and 1 below the Money) Some had no option volume or options at all
Basket of shares 'cost' $15,025
Basket of Call Options - $8200
FRI Morning at the Open: Almost all shares flat or down. PETZ was volatile, up and down all morning, then really took off towards the EOD.
By end of day overall Shares Basket was up $100.
TUES and SPPI and PETZ were up the most (5, 4 and 32% respectively)
But yeah PETZ took all day to get there.
Most of the day, overall share basket was down over $700
Options: All were flat at the open, but mid morning
SPPI, TUES and GTN all rose. If I'd sold the whole options basket at 10:30 (which the chart was indicating) it would have netted
$700 or so.
Later ORA calls tanked 40% and since it was the largest holding (highest share / option prices) it brought everything down for a $1000 net loss
** Obviously no one is suggesting at this stage that anyone buy any or all of these as I did on paper. Plus one would buy based on closer inspection than I had time to do, lol! Doubt I would have bought 10 calls of the expensive ORA Calls in the first place etc etc.
An interesting exercise in paper trading, Global's very helpful condensed list of Trade Ideas Scan Picks, and just seeing how they all behave right at the Open.
Thanks guys!
TV
Thanks everyone - have a safe NFL Sunday!
Sounds good Sam, you guys have a good weekend on the Island
An amazing guy, bless him
And still on his own at his age, right on. Glad to hear it, Sam
First Mate? Aye aye Captain!
Thanks Sam, I'll try to live up to the title.
We've got a good crew here :)
I'm feeling the call of being 'Boatswain'
On the Good Ship STP! I think it's the one usually pronounced as 'Bosun'. I like to run a tight ship, technically sound and organized ... and have a great time :)
Thanks for finding that description, Sam, good times
Sam, thank you and hope Dad's better
Gotta take care of your family. Glad you and your sister could make it over there to help him out :)
I'll be making some notes on those EOD (and End of Week) Scan picks you listed. Everyone is really excited to see how reliable and consistent we can get these!
I am here to help as much as I can. Thanks Mateys, it's an exciting time on the good ship STP :)
TV
Very cool, adding to the watchlist for Monday!
Thank you Blackshire, you are the man
That is precisely what I wanted to post. Seems iHub will only let us embed images and charts from a URL, not a file. Good stuff!
Thanks, I appreciate the reminder
I'm good with posting charts themselves.
Actually, when we post them... Does it include the parameters at the bottom it just the image?
I want to get you the list of parameters and how to set it up Haha. Then you will see the STP and we will all be looking at the same thing :)
How do we post an image on here?
It has been a while :)
I have a jpeg of the STP Chart parameters but I can't get it to paste onto the post window
SAR under is almost always a good thing
Have to use it together with other indicators but yes, when that SAR flips underneath, price usually moves up.
When it pops up on top, watch out below :)
Very cool Sam, ok.
I can try to help with fine tuning Scan parameters, but coding is not my strong suit :) You, BlackshireJ and Global are the IT specialists!
You mean one of the suggested variables / strings was blocking ticker returns? Sheesh. Could have been a typo on their part, but yeah that's annoying huh
Haha, when I have a chance I will send you notes
on how to set up the STP view on your Stockcharts. It shows up very clearly and easy to see :)
Amazing stuff Sam - Dialing in the Pot o Gold
Wow! All of those were Gap Ups from 'decent to monster $$'
I believe you about Friday EOD values and behaviors, you know what you are talking about. Still, if you have a list this afternoon or whenever you have time, post it here and I'll make my same 'Watchlist' / paper trades and we will all see how it goes Monday.
I did this with Global's EOD scan picks from yesterday, still taking screenshots and putting my notes together for those. (Alas, most are down.... could be some variable reacting to the fact most of the tickers had had a really good previous day)
Loving the STP Crew working together! Yaaaaaaarrrrgghhhhh Mateys...
TV
SPPI someone knows something?
From Global's TI EOD Scan picks ... SPPI which opened flat and actually dipped a little,
$14 Calls for Oct 20 just exploded up 75%. That's a vote of confidence, insider knowledge, or sheer optimism? Who knows :)
OMN looks great
Slow and steady rise too, nothing crazy. Light volume, but that is a sweet STP!
Good stuff Sam :)
NRG was looking strong at first
No idea about $26, but chart says it is topping off or reversing for now :)
SKVI strong - 75% gap up!
Sounds like 'Scurvy' Y'arrrgghhh! Low volume worries me, especially with sub $.50 stock
KBH PLAB ATEN HTLD
KBH - Nice solid gap up and rise. Could have really gotten a quick 6-7% gain from near EOD prices. healthy Option traffic too!!
PLAB - Beautiful gap up, could have scalped 10% just on shares. Very sparse Option traffic
ATEN - Large gap up and continued rise for :30 min. Sparse Option traffic
HTLD - Good gap up over 4% on high volume, option traffic almost zero
Good finds, Sam!
Added paper NRG Calls Oct20 / $25
.95 cents, pricey but on paper why not? Chart says buy!
Checking 'em out - higher CCI picks
Monster ZGNX and decent NFEC
Yuuuuuge Gap up on the ZGNX, pharmaceutical by the sounds of it. Wow Sam!
NFEC has pretty low volume
NRG starting off strong
EOD Scan Picks not looking good yet
Options almost zero change
Stocks all down so far, there' s alot to follow so I'll stay with it :)
Good morning Sam! Hope the Crew is all well today :)
For sure the algorithms and software can't lie
The RSI in your search, all of the stocks returned DID have an RSI above 70 at some point during the day, just not necessarily when we wanted it to be so :)
Of course, we could still use that scan for example, and even if it returns 300 stocks, visually go through and find ones where the RSI is > 70 after 3:30 pm or whatever. A lot of work slogging through charts, but maybe we can divide the labor, everyone takes 10-30 tickers or what have you.
I would say we could do this in the evening when there is (Hopefully) some time to do it, but that is too late for us to trade on them before the Gap Up which is what we are aiming for.
Thank you sir, I've also run into that wall.
I'm going to contact Stockcharts people and see what they can offer. I hadn't thought of the technical aspect, but yeah if everyone were requesting that finer detail at all times, it could bog down the system.
And as you said, we should also try to find the common characteristics and behavior of stocks that are pinching now, and may be ready to pop.
It's hard when they ... compress the whole day's info into 1 day.
I couldn't figure out why I would keep getting various stocks when I asked for (CCI20 > 100) when they were way below that. It only has to hit that level even for a second during the whole trading DAY to be netted by the scan.
Presents many problems for us to use their system to find STP runners, but we'll keep at it!
Cheers man,
TV
Thx, yes Blackshire rocks!