Stock Market Index Symbols used in Stockfetcher

Sometimes it is good to pull up the chart of an index so you can compare your stock against the over-all run of the market. Stocks that shows strong divergence when index is going down and it is holding up its price higher, then such stock is a candidate for buying. The opposite would the shorting case also. Larry Williams is the one who popularize this method. But before doing that digernce comparison it would be good to know what the symbols of those indices.

Stockfetcher.com has the following entry which can be found on this help link, https://help.stockfetcher.com/sfhelp/?id=100229

^VIX	CBOE Volatility Index
^ADR	INT L MKT INDX
^ADRA	AMEX ADVANCE/DECLINE RATIO
^ADRD	OTC ADVANCE/DECLINE RATIO^i
^ADRN	NYSE ADVANCE/DECLINE RATIO
^ADRQ	NASD ADVANCE/DECLINE RATIO
^ADVA	AMEX ADVANCING SHARES
^ADVD	OTC ADVANCING SHARES
^ADVN	NYSE ADVANCING SHARES
^ADVQ	NASD ADVANCING SHARES
^AMZ	ALERIAN MLP INDEX
^BCMM	BARCHART MARKET MOMENTUM
^BKX	KBW BANK INDEX
^RUA	Russell 3000 Index
^BTK	BIOTECH INDEX
^VXD	CBOE DJIA VOLATILITY INDEX
^BWH	POWERSHARES WILDERHILL CLEAN EN
^BXD	CBOE DJIA BUYWRITE INDEX
^BXM	CBOE BUYWRITE MONTHLY INDEX
^BXN	CBOE BUYWRITE MONTHLY INDEX
^BXR	CBOE RUSSELL 2000 BUYWRITE INDE
^SPX	S & P 500
^BXY	CBOE S& P 500 BUYWRITE INDEX
^CEX	S& P CHEMICALS INDEX
^IXIC	NASDAQ Composite
^CKG	S&P 600 BARRA GRWTH
^OEX	S & P 100
^COMP	DOW JONES COMP
^CVK	SMCP 600BARR VAL
^CYM	CLAYMORE YIELD ETF IOPV
^CZH	AMEX CHINA INDX
^DDA	DJIA VOLATILITY INDEX - OFFER S
^DDB	DJIA VOLATILITY INDEX - BID SID
^DDX	DISK DRIVE NDX
^DECA	AMEX DECLINING SHARES
^DECD	OTC DECLINING SHARES
^DECN	NYSE DECLINING SHARES
^DECQ	NASD DECLINING SHARES
^DFI	RABO FIN. INDEX
^DGE	EW PHARMACEUTICL
^DHC	DYNAMIC HLTHCARE INTELL
^DHD	DYNAMIC BANKING INTELL
^DJEC	DOW JONES INTERNET COMMERCE IND
^DMT	DLY MIRROW IDX
^DOWC	DOW JONES COMP
^DOWI	DOW JONES INDU
^DOWT	DOW JONES TRAN
^DOWU	DOW JONES UTIL
^DOWV	TREASURIES IDX
^DRCI	DJ COMPREIT
^DREI	DJ EQUITYREIT
^DRG	PHARMCEUTICL NDX
^DSAE	DJ US AERODEF
^DSAF	DJ US DELIVRYSRV
^DSAG	DJ US ASSETMNG
^DSAI	DJ US ELECEQUIP
^DSAL	DJ US ALUMINUM
^DSAM	DJ US MEDEQUIP
^DSAP	DJ US AUTOPARTS
^DSAR	DJ US AIRLINES
^DSAS	DJ US AEROSPACE
^DSAT	DJ US AUTOPARTS
^DSAU	DJ US AUTOMOBILE
^DSAV	DJ US MEDIAAGN
^DSBC	DJ US BRDCASTENT
^DSBD	DJ US BLDGMATFIX
^DSBE	DJ US BSTRNGEMP
^DSBK	DJ US BANKS
^DSBM	DJ US BASICMAT
^DSBS	DJ US BSCRSRCES
^DSBT	DJ US BIOTECHNO
^DSBV	DJ US BEVERAGES
^DSCA	DJ US GAMBLING
^DSCC	DJ US COMMCHEM
^DSCE	DJ US CONSELECT
^DSCF	DJ US CLOTHACCSS
^DSCG	DJ US TRAVLEIS
^DSCH	DJ US CHEMICALS
^DSCL	DJ US COAL
^DSCM	DJ US PERSPROD
^DSCN	DJ US CONSMATRLS
^DSCP	DJ US CTNRS&PKNG
^DSCR	DJ US CMPTRHRDWR
^DSCS	DJ US SPLTYCNSRV
^DSCT	DJ US SEMICONDTR
^DSCX	DJ US SPCLTYCHEM
^DSCY	DJ US CONSUMSRV
^DSDB	DJ US BREWERS
^DSDN	DJ US DEFENSE
^DSDR	DJ US FDDRGRET
^DSDS	DJ US INSUPPLIER
^DSDV	DJ US CMPTRSRV
^DSEC	DJ US ELCCOMPEQP
^DSEE	DJ US ELECEQUP
^DSEN	DJ US OIL&GAS
^DSEU	DJ US ELECTRCTY
^DSFA	DJ US FINADMIN
^DSFB	DJ US FOOD&BEV
^DSFC	DJ US FXLNTELCM
^DSFD	DJ US FOODRTWHSL
^DSFE	DJ US INDUSTMACH
^DSFH	DJ US FURNISHNG
^DSFI	DJ US FINCLSRV
^DSFN	DJ US FINANCIALS
^DSFO	DJ US FOODPRODRS
^DSFP	DJ US FOODPRDCTS
^DSFR	DJ US FORESTPAPR
^DSFT	DJ US FOOTWEAR
^DSGF	DJ US GENFINAN
^DSGI	DJ US GENINDUST
^DSGT	DJ US GENRETAIL
^DSGU	DJ US GASDISTRIB
^DSHB	DJ US HOMECONS
^DSHC	DJ US HLTHCARE
^DSHD	DJ US DURHLDPROD
^DSHG	DJ US HLDGOODS
^DSHI	DJ US HMIMPRETL
^DSHN	DJ US NDURHLDPRD
^DSHP	DJ US HLTHCRPVDR
^DSHR	DJ US COMRVEHTRK
^DSHV	DJ US HVYCONS
^DSIB	DJ US INSBROKERS
^DSID	DJ US DVSFINDUS
^DSIF	DJ US FLLINEINS
^DSIG	DJ US INDGDS&SRV
^DSIL	DJ US LIFEINSUR
^DSIM	DJ US INDMETALS
^DSIN	DJ US INDSTRIALS
^DSIP	DJ US PROPCASINS
^DSIQ	DJ US INDSTENGNG
^DSIR	DJ US INSURANCE
^DSIS	DJ US SUPPORTSRV
^DSIT	DJ US INDSTTRANS
^DSIU	DJ US REINSURAN
^DSIV	DJ US BUSSUPSRV
^DSIX	DJ US NLIFEINSUR
^DSLE	DJ US LEISGOODS
^DSLG	DJ US HOTELS
^DSLW	DJ US LOWCAP
^DSMC	DJ US HCREQPSRV
^DSME	DJ US MEDIA
^DSMF	DJ US MORTGFIN
^DSMG	DJ US MINING
^DSMS	DJ US MDSUPPLIES
^DSMT	DJ US MARTRANSPT
^DSMU	DJ US MULUTILTES
^DSNC	DJ US CONSUMGDS
^DSNF	DJ US NONFERMET
^DSNG	DJ US PERHLDGDS
^DSNS	DJ US INTERNET
^DSOE	DJ US ELECOFFEQP
^DSOG	DJ US OILGAS
^DSOI	DJ US OILEQPSRV
^DSOL	DJ US INTGOILGAS
^DSOQ	DJ US OILEQPSRV
^DSOS	DJ US EXPLPROD
^DSPB	DJ US PUBLISHING
^DSPC	DJ US WSTDSPSRV
^DSPG	DJ US PERSGOODS
^DSPL	DJ US PIPELINES
^DSPM	DJ US GOLDMNG
^DSPN	DJ US PHARMBIO
^DSPP	DJ US PAPER
^DSPR	DJ US PHARMCTCLS
^DSPT	DJ US PLTPRECMET
^DSRA	DJ US APPRLRET
^DSRB	DJ US BRDLNRET
^DSRD	DJ US DRUGRET
^DSRH	DJ US RESTHLDG
^DSRI	DJ US RESTINVTR
^DSRP	DJ US RECPRODUCT
^DSRQ	DJ US RECSERVICE
^DSRR	DJ US RAILROADS
^DSRS	DJ US SPLTYRET
^DSRT	DJ US RETAIL
^DSRU	DJ US RESTRBARS
^DSSB	DJ US INVSRV
^DSSC	DJ US SEMCNDCTRS
^DSSD	DJ US SOFTDRINKS
^DSSF	DJ US CONSUMFIN
^DSSP	DJ US SPECIALFIN
^DSST	DJ US STEEL
^DSSV	DJ US SFTCPTRSRV
^DSSW	DJ US SOFTWARE
^DSTB	DJ US TOBACCO
^DSTC	DJ US TECHNOLOGY
^DSTK	DJ US TRUCKING
^DSTL	DJ US TELECOM
^DSTP	DJ US TOPCAP
^DSTQ	DJ US TECHHRDEQ
^DSTR	DJ US TIRES
^DSTS	DJ US TRANSSRV
^DSTT	DJ US TRVLTOUR
^DSTY	DJ US TOYS
^DSUO	DJ US GASWTRMUT
^DSUT	DJ US UTILITIES
^DSVN	DJ US DISVINTNER
^DSWC	DJ US MOBTELECOM
^DSWU	DJ US WATER
^DTCI	DJ COMPREIT TR
^DTEI	DJ EQUITYREIT TR
^DTWC	DJ COMPAVGTR
^DTWI	DJ INDUS AVG TR
^DTWT	DJ TRANSAVGTR
^DTWU	DJ UTILITYAVGTR
^DUSL	DJ US LRGCAP
^DUSM	DJ US MIDCAP
^DUSS	DJ US SMLCAP
^DWE	DYNAMIC ENERGY EXPLORATION & PR
^DWJ	DYNAMIC INSURANCE INTELLIDEX
^DWO	DYNAMIC OIL SERVICES INTELLIDEX
^DWR	DYNAMIC RETAIL INTELLIDEX
^DWU	DYNAMIC UTILITIES INTELLIDEX
^DWY	DYNAMIC TELECOMMUNICATION & WIR
^DXS	SPADE DEFENSE
^DXY	DOLLAR INDEX
^DYH	DYNAMIC TOP 200 INTELL
^DYI	$MKT INTELLIDEX
^DYO	OTC INTELLIDEX
^DZC	DYNAMIC SOFTWARE INTELLIDEX
^DZE	DYNAMIC SEMICONDUCTOR INTELLIDE
^DZF	DYNAMIC FOOD & BEVERAGE INTELLI
^DZH	DYNAMIC HARDWARE & CONS ELEC IN
^DZL	DYNAMIC LEISURE&ENTERTAINMENT I
^DZM	DYNAMIC MEDIA INTELLIDEX
^DZN	DYNAMIC NETWORKING INTELLIDEX
^DZO	DYNAMIC BIOTECH & GENOME INTELL
^DZR	DYNAMIC PHARMACEUTICAL INTELLID
^ECO	WH CLEAN ENERGY
^EED	CLAYMORE BRIC ETF IOPV
^EMX	MER LYN EURO NDX
^EPX	SIG OIL EXPLORATION & PRODUCERS
^ESX	SEL EURO 50 NDX
^EUX	MAJR 11 INTL NDX
^EVZ	CBOE EURO CURR VOL IND
^EZB	DYNAMIC BS MT INTELLIDEX
^EZF	DYNAMIC FINCL INTELLIDEX
^EZK	DYNAMIC ENRGY INTELLIDEX
^EZL	DYNAMIC INDUS INTELLIDEX
^EZS	DYNAMIC CN ST INTELLIDEX
^EZV	DYNAMIC TECHN INTELLIDEX
^EZX	DYNAMIC HLTHC INTELLIDEX
^EZZ	DYNAMIC CN DS INTELLIDEX
^FBV	POWERSHRS DB G10 FD IOPV
^FVX	5-YEAR TREASURY NOTE
^GDM	AMEX GOLD MINERS
^GLI	MER LYN GBL MKT
^GMI	MKT VECTOR GOLD MIN IOPV
^GNX	GSCI TOTAL RETURNS
^GVZ	GSTI SERVICES INDEX SETTLEMENT
^GWI	M LYNCH SPDR
^HGX	HOUSING INDEX
^HIGA	AMEX NEW HIGHS
^HIGD	OTC NEW HIGHS
^HIGN	NYSE NEW HIGHS
^HIGQ	NASD NEW HIGHS
^HKO	H.K. OPT [FLTNG]
^HKX	H.K. 30 WARRANTS
^HUI	GOLD BUGS NDX
^HVX	MKT VECTOR ENV SERV IOPV
^HWI	COMP HARDWR
^ICK	ISE CHINDIA INDEX
^IDX	S&P MIDCAP 400
^IEB	DYNAMIC LARGE CAP INTELL
^IEK	DYNAMIC MID CAP INTELL
^IEY	DYNAMIC SMALL CAP INTELL
^IIB	SEMI INDS PLUS
^ILH	DYN LGCP GRO
^ILJ	DYN MDCP GRO
^ILK	DYN SMCP GRO
^ILP	DYN MDCP VAL
^ILR	DYNAMIC AGR GRWTH INTLDX
^ILU	DYNAMIC DEEP VAL INTELDX
^ILW	DYN LGCP VAL
^ILZ	DYN SMCP VAL
^INDU	DOW JONES INDU
^INX	S&P 500 INDEX
^IQX	S&P 500 EQUAL WEIGHT
^IQY	S&P SMALLCAP 600
^IQZ	S&P 1000
^IRX	13-WEEK TREASURY BILL
^IUX	RUSSELL 2000
^IUXX	NASDAQ 100
^IXB	INDEX IXB
^IXE	ENERGY SELECT
^IXF	NDAQ FINANCIAL 100
^IXI	NMS INDUSTRIAL
^IXM	FINL SELECT
^IXR	CONSUMER STAPLE
^IXT	TECHNOLOGY SEL
^IXU	UTILITIES SEL
^IXV	HLTH CARE SEL
^IXY	CONSM.SELECT
^JKC	ML LONG/SHRT III
^JPN	JAPAN INDEX
^KIX	KBW INSURANCE INDEX
^KLX	MKT VECTORS STEEL IOPV
^KRX	KBW REGIONAL BANKING INDEX
^KSX	KBW CAP MRKTS
^LOWA	AMEX NEW LOWS
^LOWD	OTC NEW LOWS
^LOWN	NYSE NEW LOWS
^LOWQ	NASD NEW LOWS
^MBO	CHINESE MPS BSKT
^MDO	MID OPN/CLS AVGE
^MFX	KBW MORTGAGE FINANCE INDEX
^MGD	MIDCP 400BARRA
^MIA	MID O/C/H/L AVG
^MID	MIDCAP 400 IDX
^MIH	MID HI/LO AVGE
^MIV	MID-CAP SETTLE
^MLO	MER LYN TECH 100
^MMX	MAJOR MARKET INDEX
^MNG	AMEX MINI-NATURAL GAS INDEX
^MSH	M STAN HI TECH
^MUV	MDCP 400BAR VAL
^MXY	MEXICO INDEX
^NASX	NASDAQ COMPOSITE
^NBI	NASDAQ BIOTECHNOLOGY [DRM]
^NFA	CTS FEED FA
^NQGM	NDAQ GLOBAL MARKET COMPOSITE
^NSHD	NYSE SHARES DECLINES
^NSHR	NYSE ADVANCE DECLINES RATIO
^NSHU	NYSE ADVANCES DECLINES
^NVLD	NYSE VOLUME DECLINES
^NVLU	NYSE VOLUME ADVANCES
^NWX	NETWORK INDEX
^NYA	NYSE COMPOSITE
^OOI	S&P GL 100 ID
^OSX	OIL SERVICE
^OVX	CBOE CRUDE OIL VOLATILITY INDEX
^PHN	AMEX TELECOM
^RAG	RUSSELL 3000 GRO
^RAV	RUSSELL 3000 VAL
^RDG	RUSSELL MDCP GRO
^RLG	RUSSELL 1000 GROWTH INDEX
^RLV	RUSSELL 1000 VALUE INDEX
^RMC	RUSSELL MIDCAP
^RMV	RUSSELL MDCP VAL
^RMZ	THE MSCI REIT INDEX
^RPE	ELEC PWR NATG
^RTF	RUSSELL TOP 50 INDEX
^RUF	ISE HOMEBUILDERS INDEX
^RUI	RUSSELL 1000
^RUJ	RUSSELL 2000 VAL
^RUO	RUSSELL 2000 GRO
^RVX	CBOE RUSSELL 2000 VOLATILITY IN
^SIN	ISE SINDEX INDEX
^SIS	SEMICOND IDX
^SOX	SEMICONDUCTOR INDEX
^SUNI	MAC GLOBAL SOLAR INDEX
^SVO	PHLX SIG ENERGY MLP INDX
^TICK	NYSE TICK
^TICX	NYSE TICK
^TIKI	DOW TICK
^TIKX	DOW TICK
^TNX	10-YEAR TREASURY NOTE
^TOB	TOBACCO INDEX
^TRAN	DOW JONES TRAN
^TRIN	NYSE TRIN
^TYX	30-YEAR TREASURY BOND
^UNCA	AMEX UNCHANGED SHARES
^UNCD	OTC UNCHANGED SHARES
^UNCN	NYSE UNCHANGED SHARES
^UNCQ	NASD UNCHANGED SHARES
^UOI	US OIL IOPV
^UTIL	DOW JONES UTIL
^UTY	UTILITY INDEX
^VIO	CBOE OIL INDEX REDUCED LEAP 199
^VLA	VALUE LINE INDEX
^VLG	VALUE LINE GEOMETRIC
^VWA	CBOE MARKET VOLATILITY -SPX ASK
^VWB	CBOE MARKET VOLATILITY -SPX BID
^VXB	JUMBO CBOE VOLATILITY INDEX
^VXN	CBOE NASDAQ VOLATILITY INDEX
^VXO	CBOE OEX VOLATILITY INDEX
^VXV	CBOE S&P 500 3M VOLATILITY INDEX
^WMX	ISE WALMART SUPLR INDEX
^XAL	AIRLINE INDEX
^XAU	GOLD/SILVER INDX
^XAX	AMEX COMPOSITE
^XBD	SEC BROKER DEALR
^XCI	COMPUTER TECH
^XEO	S& P 100 INDEX[EUROPEAN STYLE
^XFI	FINANCIAL NDX
^XHL	HEALTHCARE NDX
^XID	INDUSTRIAL NDX
^XII	INSTITUTIONL NDX
^XIT	INFO TECH NDX
^XMI	MAJOR MARKET NDX
^XNA	NAT RESOURCE NDX
^XNG	NATURAL GAS
^XOI	OIL INDEX
^XSP	S& P 500 MINI-SPX OPTIO NS IND
^XTC	N.A. TELECOM NDX
^ZAX	ZACKS MICRO CAP INDEX
^ZOC	CBOE TECHNOLOGY INDEX REDUCED L

New 78 Day High - Revenue increasing Year over Year - Price Drop - AUDC vs MOMO

A CLOSER LOOK ON AUDC's move April 30, 2019 having similarity with MOMO's drop and turn around last Nov. 8, 2016.

Sometimes, you need to wonder why would a stock price come down in value when all fundamentals are right? I am looking at AUDC. Last April 2, 2019 it had made a new high, marking a New 78 Day High breaking out its previous high of $14.94 to $15.70. The stock made a run above $17.00 and in 5 days time just got hammered hard down to almost $13.50. From $15.70 it had risen 11% then all of a sudden dropped to -21.8%. The funny thing is, the drop falls on to the report of AUDC that the company is increasing in revenue Year over Year by 9%.

This particular chart formation made me remember the move I followed with MOMO. Last Nov. 8, 2016 MOMO exhibited also a New high then had a News release that its revenue was increasing year over year by 300%. There was a huge drop which lasted around 91 days before it had a clear breakout on Feb 8, 2017 from the close of the huge red candle drop last Nov. 8, 2016. Before that breakout, the price dipped down to $17.23 on Dec. 20, 2016 doubling the height of the 1st huge red candle, before turning the price up again.

Why would a stock move this way? Smart Money had already made a lot of gain upon reaching a New High. All they can do now is collect what they made and start picking up more shares when they feel the price is about right for them to buy more. Knowing that a company is making a good return, then they are a lot safer if they will buy more at a cheaper price. The Market Maker knowing the move of the Smart Money will start shaking the tree to scare small time investors and force them to relinquish their shares. By doing so, the Market Maker will have collections of shares to offer to Smart Money when it start its buying spree again. Of course you just need to be patient here. The Smart Money has all the patience in the world since it has all the huge capital and the backing of the Market Maker.

If you look at MOMO after breaking out at $23.15, the close of the huge red candle, it skyrocketed to $46.00 in 103 days, with a gain of 98%. This is a magnificent gain.

Now if we compare this kind of move to AUDC, then probably the stock may also have the same pattern based on their similar fundamental run. Although it is only 9% revenue increase year over year for AUDC, the company itself had a terrific progress, that's why they even started buying back shares. The company made money. But the Smart Money of course would like to position itself in the cheapest way possible to get more out of its capital, while the Market Maker is there to serve the Smart Money.

Look at the similarity of the charts of these two companies MOMO (2016/11/08) and AUDC (2019/04/30) .

TPNL Changed to PAYS - a very profitable company in the pay system services. Could it be the next Square or Paypal?

A little comparison of Patterns.

Comparing ZYXI and PAYS
PAYS is the new stock name of TPNL (3PEA International).

Highlight from finviz.com:
3PEA International, Inc. is a company in the card services providing prepaid card programs and processing services under the brand PaySign using their proprietary card-processing platform. It caters to corporations, government agencies, universities, and other organizations. They serve multiple services, like transaction processing, cardholder enrollment, value loading, cardholder account management, reporting, and customer service. They opened up also their services to healthcare companies through reimbursement payments, pharmaceutical assistance, donor compensation, corporate and incentive rewards, and expense reimbursement cards; and payroll or general purpose reloadable cards, as well as gift or incentive cards. In addition, the company offers Buy and Bill programs for patients to purchase directly from physician's office or through an infusion center for physician administered therapies; payment solution for source plasma collection centers; and PaySign Premier, a demand deposit account debit card, as well as customer service center and PaySign Communications Suite services. Its principal target markets for processing services comprise prepaid card issuers, retail and private-label issuers, small third-party processors, and small and mid-size financial institutions in the United States and internationally. The company was formerly known as Paypad Inc. and changed its name to 3PEA International, Inc. in October 2006. 3PEA International, Inc. was incorporated in 1995 and is based in Henderson, Nevada.

PAYS Fundamentals
Currently, they have a strong income statement.

IN MILLION	2018	2017	2016	2015
Total Revenue	$ 22,423.00	$ 15,234.00	$ 10,416.00	$ 8,107.00
Gross Profit	$ 11,397.00	$ 6,699.00	$ 4,537.00	$ 4,088.00
Net Income	$ 2,588.00	$ 1,791.00	$ 1,400.00	$ (2,410.00)
Cash & Equivalents	$ 14,500.00	$ 5,530.00	$ 3,181.00	$ (2,497.00)

PAYS Charts
The records above are very impressive, now let us look at the chart.

TPNL/PAYS 2 YR Chart

TPNL/PAYS 1 YR Chart

TPNL/PAYS 6 MON Chart

Notice that during the name change from TPNL to PAYS a huge hammer formed 2019/04/29 with a volume lower from previous highest red volume (see 2 blue circles on the 1 YR Chart). It looks like the stock had been on a sell off, but as you can see the red volume on that day was very small although the next day I think the weaker hands were scared and dumped their stocks, thus it created a bigger volume of sell-out but did not overtook the previous highest red volume of Sep. 21, 2018. The 50SMA (orange line) seemed to be supporting the run too. 

If a stock had a very strong fundamental and exhibiting this kind of price pullback with lower volume, we can just surmised that the Market Maker is at play here shaking the tree to get rid of the weaker hands so he could offer a lower price and offer more shares to stronger hands waiting in-line to devour whatever available shares.

Comparing PAYS move to ZYXI

How will the pattern play? I guess, if we look at one example showing this kind of pattern we could probably set our play based on the sample below with ZYXI (Zynex Medical Holdings). 

ZYXI 1 YR Chart with a red hammer and a long tail.

ZYXI 6 MON Chart - with a red hammer and a long tail

ZYXI 6 MON Chart (65 Days after the red hammer)

Within 30 days, probably the price will retest the low of the tail of this long tailed red hammer candle of PAYS. We are looking at around $7.55 before it will start to ramp higher. Big pocket investors would certainly seize this opportunity. It is up to us to ride the shoulders of the giants.

COULD IT BE THE NEXT SQUARE OR PAYPAL

I am just wondering that this could be a good catch at an early move just like what happened to SQ(Square) and PYPL(Paypal).

AMD on 15min chart using Tradingview - 6 hurdles that a trader has to overcome - Introduction to Accelotrade

Hello everyone,

I have here a recorded session of yesterday that you can use to review what we covered yesterday. 

We discussed about the 15min move of AMD, how it played out in a 15min chart, the formation of candles, volume analysis, breakouts on 200SMA, sustaining the move by using the SMA as a trampoline to jump higher but also retesting the support line which is sometimes the SMA itself, most especially the 50SMA, and 200SMA. We discussed too the use of Tradingview.com for charting better and drilling down a stock chart into lower time frame together with the use of trend line. 

Every stock has its own character and identifying this character makes it easy for you to decide which position would you like to hold and at what price level. That is why it is very important that you track the stock that catches your attention on a watch list. You do not need to glue yourself on the monitor for the whole day but at least with your watch list you can easily identify if the stock you are monitoring had created the best possible pattern you are looking for by just glancing on a 30min well-focused review at the end of the day. Once you see it. Fire at will. Daily chart is good but drilling it down into its smaller time frame can help you identify where you can precisely position. The longer time frame is good for identifying the longer trend that will help you win in the longer term. Be familiar of how the candles form during reversals. Once you are good at identifying them, together with your volume analysis it helps a lot in forming a good judgment for a position.

There are 6 hurdles that a trader has to overcome:

1. Becoming an expert in Technical Analysis, especially reading with charts using the candlestick along with volume analysis.
2. Controlling one's emotion in dealing with losses and exhilaration of winnings.
3. Devising one's own strategy without relying on someone else and being able to identify opportunities without the influence of others, be it in the group, forum, herd, suggestions or newsletters.
4. Enough experience to have that confidence to cut losses quickly, and consistently follow his own trading rules.
5. The ability to produce his own list based on his own strategy.
6. The discipline to plan and execute his trade and the same discipline to manage his trade.

Based on the above obstacles, in order to be able to quickly move on to a stage with the entire 6 captured it is but just good to subject new traders to some kind of game that keep them a pace with controlling one's emotion, and managing their trades.

Thus, I introduced Accelotrade on the picture. It is a new site which allow New Traders to have a PEEK of how a stock that is trending in stocktwits.com is being traded, most especially by bots(Artificial Intelligence), join a game in PLAY mode or even create your own game and invite others to play along with you, or even invite bots to join in and see how they will also manage to win in trading. The site also allows you to PRACTICE trading on a particular stock you are interested about  and see for yourself how are you performing before really laying out your actual money in actual trade. 

Accelotrade is in Beta Test mode right now. Probably by next week it will have live data stream. For now, the existing stream is enough for PEEK, PLAY and PRACTICE to get accustomed in trading and getting your hands dirty without spending actual money. There is no sign-up or log-in to the site yet. You can choose your own username that you want. Just a note of caution, if you join a game and you logged-out, you cannot re-join the game again. The same username you will use in logging in will have a new instance, so therefore you will lose control of the previous instance. On the side menu inside the PEEK and PLAY mode there is an icon for Beta testing. Let us support the site by testing it. Once they go live, we have credits for membership. And please give feedback on their short survey. This will help a lot in improving the site.

Have a look at the site and be familiar with it. If you notice something that could probably help in improving it, list them down so we can forward them for inclusion in their updates. I will set-up a game next week that we can join and play along with.

Let me know, if you have a hard time accessing the file I sent you and the Accelotrade game site link.

And here is the link for the review.

http://bit.ly/NJNTrading-AMD15min-AccelotradeIntro  

Cheers and have a nice weekend.

Jerome

Preliminary Stuff in Stock Trading

Hello everyone,

So here are some preliminary stuff you need to know to advance your Trading skills.

These were the primary steps I did when I started trading on my own.

I opened an INVESTOR’S EDGE ACCOUNT with CIBC, because they gave me a preferential buy and sell rate of $7.00US only as I have my house mortgage with them. This was the first one I ever did opening

1.       RRSP - Registered Retirement Savings Plan. (With this account you can buy and sell shares without being taxed for any capital gains, except when you have to withdraw the amount)
2.       TFSA - Tax Free Savings Account. (With this account you can buy and sell stocks without being tax for any capital gains even if you have to withdraw them. This is an awesome account.
3.       MARGIN account (Used for shorting stocks, since registered accounts are not allowed to short stocks.)

4.       LIRA (This is my Locked-in retirement Fund Account. Usually when you work with a certain company who contributed for your retirement matching up every dollar amount you also contributed by yourself, the account is locked into a certain fund. This fund can never be withdrawn except by the time you retire.)

As soon as I was able to create all those accounts I asked Investor's Edge to facilitate the transfer of my funds from the Mutual Fund companies I used to have all those accounts. It was a seamless transfer of funds institution to institution.

You can do this with Questrade. Do an inventory of your RRSP and TFSA or even LIRA if you have and send a fax or letter to the institution telling them to transfer the funds to your newly created trading accounts. Transaction can only go through if the account you opened is the same. RRSP to RRSP, LIRA to LIRA, TFSA to TFSA.

Things I included in the account. 
1.       Option Trading (Writing Call and Put. Although, not really used it and did not bother using it.)
2.       Access on US and Canadian Equities

3.       Dividend Reinvestment is setup on all accounts.
4.       A single sign-in account to log-on to all accounts.

Resources I used to get information about stocks.

Add-on Apps to install in Iphone/Ipad and other stuff to use.
1.       Bloomberg to monitor your positions and to check for latest news.
2.       Overdrive (sign-up with adobe for free account to sign-in to overdrive) to connect to Library Card. You can borrow electronic books and audios from the library through overdrive.
3.       Candlestick Master. This app helps you master the different kinds of candlestick formation. It has also a game for investing, where in, you will identify if you are going to be long or short of a chosen ticker based on the candlestick formation of the day. You can play this one while you are probably waiting for someone. 
4.       The Motley Fool. I do not believe all they say. I signed-up up only to get some clues for companies I am monitoring. 
5.       Sign-up with BetterInvesting.org ($25.00/year) This will give you insights, graphs and statistical data of companies that are good candidate for investing. I did this on the first year, but I stopped using this, since I have other resources I could use. This company though, has a good track record already of their investments. This can also be a good source for possible companies that are watched closely by investors.
6.       TMXMoney.com to check for Charts, Statements, News, and trends. What I used more of this site is to look for top 50 TSX Ventures company. This was the one that helped me found IPLAYCO, a company that set-up playgrounds. I got in at .75 and sold it at 1.50 when they received a huge contract in Saudi Arabia.
7.       StockCharts.com. I use this site for its free tools especially the candle glance of the different Market Indexes. I use this one too for doing a comparison of a certain stock against its index. This will help you identify possible divergence and strength.

8.       Finviz.com for confirming possible targets, combination strength of technical and fundamentals. For example, if a a stock had just gone New 20 days high or New 50 Days High, or New 78 days high with high volume and I would like to make sure that the move is also sustained with good fundamentals like High percentage EPS and high percentage sales, then the stock is a good candidate for trading especially if it had passed already some of my criteria like breakout from a Volatility Contraction Pattern.

9.       Stockfetcher.com. This is the site that I subscribed to. This is where I created my own script to get me possible listings of stocks I need to watch out, especially those breaking out of New 20 days high, New 50 days high and New 78 days high. If they show the pattern I am looking for I take the list and use it with finviz.com to confirm with other indicators. If I have a good candidate and a good set-up then I will trade with it.

10.      yahoo finance. This is where I check the news of why a certain stock is rocketing or plunging.

11.      otcmarkets.com. This is where I double check the financial statements filed by the companies, News about the company like new CEO or CFO that could make a stock to propel ahead due to insider buying of huge shares. This is also where you can find out if companies have been approved on FDA for their drugs and other related product releases that will usually bring stock surging higher. You can also find out here reports of acquisitions or issuance of dividends that may also fire the move of the stock higher. 

12.        Edgar filings in sec.gov is another very important resource for knowing a company. As long as you avoid Over the counter (OTTC) stocks, filings for a company is always up to date in edgar, except for foreign companies whose filings are allowed every six months. 

13.        stockspinoffs.com. This is where I get listings for spin-off companies like ARNC and AA. When ALCOA (AA) had been spun-off from its mother company ARNC (Arconic) it started with around $22.00 last Nov. 1, 2016 having a candle breaking the 200SMA with a volume of 30M shares and breaking out of previous high when it was ARNC it became a launched pad for it to soar  up to $60.00 in 2 years. I rode up to $40.00 and cashed out. The philosophy of spin-off is that the a huge company has a department or division that is growing so fast and in order for it to be able to magnify its growth they have to take it away from the mother company providing good management that had proven track record but just couldn't grow or expand more due to the cap of the mother company. When this division gets spun-off as another new company, it will rocket itself into a huge winner. If you can capture one of this. It will surely grow your portfolio exponentially.

When a company has a good product, you know it, it has good management, good financial statement and is loved by the people, like people are talking about it. You can ride with its trend. This was what happened with FB, SQ, MOMO, AMD, NVDA and NFLX.

 

Must Read Books:

1.       The Lazy Investor by Derek Foster (Chapters) talking about Dividend Stocks. This guy was my first mentor in deciding to handle everything on my own. I started following his advice on taking into dividend stocks. I still held some stocks with dividends but currently I invested heavily on tech stocks that I knew pretty well.
2.       How I made $2 Million in Stock Market by Nicolas Darvas (Amazon) talking about the now known Darvas Box. If you will learn his theory you could follow him also by using the box method in assessing your positions of the stocks.
3.       The little book that beats the market by Joel Greenblatt (Amazon) . Greenblatt talked about owning shares of high profile companies that have capitalization of more than 50million. His method was simple. Own at least 5 stocks every month on these companies until you end up with 20 to 30 companies on your portfolio in a year. For those stocks showing losses sell them few days before it hits its one year holding period. For those stocks that are winning, sell them few days after its one year holding period. Keep repeating this magic formula every year and keep maintaining that 25 to 30 stocks per year. You keep replacing those that you had sold. I followed this strategy although I deviated a bit on the stocks I am looking forward of holding on longer than 1 year or perhaps stocks that I am looking of profiting only for few days or months.

4.       The Winning Investment Habits of Warren Buffett & George Soros by Mark Tier (Calgary Public Library). This is an exciting read especially with these two stalwarts in investing.
5.       The Warren Buffett Way (Calgary Public Library). 
6.       Japanese Candlestick Charting Techniques by Steve Nison or alternate from the Library
7.        Trade like a market Wizzard by Mark Minervini. This is my second mentor in trading. His Volatility Contraction Pattern and other screening tool became my core content of the script I made with stockfetcher of which I added with my own twist, strategies from William O'neil and Larry Williams.
8.         You can be a stock market Genius by Joel Greenblatt talking about making money on Spin-Off companies. Sometimes in the last months of 2016 I used this strategy of putting money into spin-off companies like AA and CNDT. I made a mistake actually in my investing rule with CNDT. I placed my money with XRX (Xerox), the mother company instead of CNDT (Conduent Incorporated), the spun-off company. XRX just never took off. It just kept on trending sideways pulling back and forth between high and low  34 and 24, while CNDT took off from $15.00 to $23.00 in less than 2 years.

9.         A complete guide to volume price analysis by Anna Coulling talking about how to decipher a true move and a false move based on the volume strength and the candle's body.
10.       Trade like an O'neil disciple by Chris Cacher talking about stocks breaking up from a sound base and pulling off a trade from an undercut against 10 day moving average on fast moving stock and 50 day moving average on slow moving stock. Added to this is the golden rule of short selling. 

I have a lot more books to share. But for now I think you have more than enough for the time being. I will share with you later on the chart patterns. 

There is another platform that you can sign-up with of which I used for my other RRSP and RESP of my kids. This is the one I mentioned above as questrade.com. you pay only $5.00US for trading buy and sell. So the total you pay round trip is only $10.00. There is just one drawback. When you want to invest on Toronto stocks with shares more than 500 shares you should use a different platform. The reason is. Once you buy Canadian stocks if it is more than 500 shares, the trading fees goes higher up to the max of $13.00 based on the number of shares you buy. Only with Canadian stocks though. In my case, if I want to buy Canadian stocks I use the investors edge of CIBC if I need to position more than 500 shares. But if you trade US stocks there should be no problem at all, only $10.00 round trip.

So far, you have a lot of things to assimilate here. I will just go over with you later on each one of them, so it will be easier to understand.

Cheers.

Jerome
AcceloBud

AUDC - phenomenal rise - Stock Trading Assignment and Study Guide

This is an email I sent to my students.


Hello everyone,

Last January 30, 2019 I posted a blog concerning AUDC comparing it with the move of SPPI (dated Aug. 4, 2017). 

http://bit.ly/AUDC-2019-01-28

Then around 25 trading days later I posted again another blog with the technical fundamental data on AUDC dated Mar. 5, 2019.

http://bit.ly/AUDC-2019-03-05

4 trading days ago (Apr. 2, 2019) AUDC hit New 78 Day High again after the 44 Trading Days VCP formation and hitting above $16.00 the next day. 

 http://bit.ly/AUDC-2019-04-08-16dollar

Based on what I taught of setting your target Price:

TP = (( PH - VL ) * 3 ) + BC

Where:

TP = Target Price

PH = Previous High

VL = VCP Low

BC = Breakout Close

Can you determine what is our target price on this stock?

Where would you position?

Where will be your Stop Loss?

What price levels would be your scale out strategy?

Look on Finviz for the EPS Q/Q and Sales Q/Q as well as Price target.

You can also try to feel ahwat are some of the sentiments of traders on AUDC using stocktwits.com

Look for some of its disclosures. Find any changes of stock positions on key insiders using the following:

Sec Form-3 is for initial ownership, Sec Form-4 is for any changes of that ownership, Sec Form-5 is for any other changes not recorded in Form-4. These forms can be accessed through the following online tools:

1. Sec.gov under Edgar Search Tool.
2. otcmarkets.com - You have to enter the stock ticker into its Quote field and press enter. Then once the stock is listed, you have to click on "Disclosure" from the menu which starts with "Overview | Quote | Company Profile | Security Details | News | Disclosure | Research". This will bring up the list of Forms associated with the company you are searching for. What I like with otcmarkets compared to Edgar Search tool of Sec.gov is that when you click the hyperlink it opens right away as another tab or window in your browser with the documents listed as one which you can scroll all the way down, instead of selecting one by one as with Edgar.  

Cheers and have a good week guys,

Jerome

New 78 Day High - Setting up Price Target - VIRT Simulation 02

This post is a copy of the email I sent out to the day trading students I handled.

Hello guys,

AUDC, TPNL, VIRT

Here is the latest recording of what we have covered earlier. We covered AUDC and TPNL ending up a simulation with VIRT.

SETTING TARGET PRICE 

Please try to remember the formula that I gave you in creating the Target Price

TP = ((PH - VL) * 3) + BC

Where:

TP = Target Price

PH = Previous High

VL = VCP Low or where the last congregation of support lies.

BC = Breakout Close

EXCEL FOR SETTING PROFIT AND LOSS TARGET

I created an excel spreadsheet on this formula which you can check from this link
http://bit.ly/Profit-Loss-Target-Calculator

All you have to do is plug in the data.

Of course you need to be the one to plug in also your stop loss and your price entry.

PRICE ENTRY SET-UP

Most of the time the price entry can be set based on the first red candle you see. Usually red candles would show tail and I would set an entry right at the mid section of the red tail. 

STOP LOSS SET-UP

Stop Loss can be set also to where the last support you could find especially on the a whole number. Any whole number that the breakout candle had broken becomes a new support. Let us say the breakout candle breaks out of price $25.00 and closing at 25.80. The 25.50 and $25.00 become very good support for the price to pullback to. If the price holds on to these levels, you can even add up your position especially if you are confident with the fundamentals of the stock.

PREVIOUS RESISTANCE TURNING SUPPORT

Previous resistance where double tops had formed and had been broken by that breakout candle becomes also the new support of the price to pullback to. Watch out AUDC's breaout from 12.82 where it made a gap up reaching a high of 15.70 last April 2, 2019. After the gap-up there were a lot of selling pressures but they were all dissipated upon reaching 12.82 support, which made some kind of a triple bottom. That triple bottom becomes your cue also of further rise in price. Thus when it broke the VCP 44D-22/7-5T, a huge breakout again occurred.

We used VIRT for our simulation trading only for around 20 days. You can see this game at this link.

http://bit.ly/N78VIRTSIM02

Notice that this game has a very huge breakout candle, just like TPNL. The pullback just congregated along a small range between the High and Low of the 1st red candle. Typically you will enter on the mid section of the tail of the red candle. This is done by issuing a buy within a period of time. And just wait for the stock to prove its action. Just like TPNL, Had you entered at 6.95 you already have a huge gain at 9.29 at current price. 

VCP ANATOMY

The VCP for TPNL was 35D-34/9-4T.

35D = 35 Days of VCP

-34 = -34% first contraction

-9 = -9% last contraction at the last touch close to the top hypotenuse side of the triangle.

4T = 4 times contractions

When a VCP reading contracts around  -9%, -7% or -5%. You have to be on high alert, because the price would certainly breakout on this particular range of contraction. The longer the VCP, the higher usually the breakout goes.

FISH HOOK PATTERN

I want you to notice also the kind of pattern this huge breakout creates. Both TPNL and VIRT showed some kind of a fish hook pattern. This kind of pattern is really very potent in long entries.

FUNDAMENTALS TO LOOK FOR

Continue to study the N78 Day High and start pondering on the charts. Look at them and investigate them using the otcmarkets.com, yahoo finance and finviz. A good PR, a good news on revenue, products, installation of new Officers as well as Insider Buy trading, Buy back of shares, Huge Financial Company buying shares or accumulating shares and FDA approval are your strong fundamental support to go long. Look for this clues as you investigate a New 78 Day High with a huge volume and a huge candle.

GAP-UP with HUGE TAIL PATTERN 

There are a lot of instances too that when a gap-up occurs accompanied with a hug volume but the candle formation formed a long wick, meaning huge selling pressure. The stock usually comes down easily but it will almost always come down to close the gap. Once the gap is closed, position on it and you will see that the stock will just sky rocket upward past the gap-up candle. I will show you some of these stocks later on.

For the time being, here is something to review for. 

 http://bit.ly/N78DayHigh-TargetSetup_VIRT02

Homework:

Give me a list of New 78 Day High stocks and tell me some of their fundamentals that would somehow give us the confidence to trade those stocks.

Cheers and have a good weekend guys.

Jerome