CTRP

CTRP is mentioned this morning over MSN.

Update: crude oil

Crude oil is at key support. If it can't hold, it would go to $57/barrel. Very bullish for the equity market.

REDF

It was a new pick in my newsletter last night.

Update: GOOG

I would trim some GOOG at 306 as well.

Update: NTES

I would trim some NTES right here at 80.8 area.

Update: BIDU

I would close my BIDU position right here right now at 110 area.

Sample newsletter

Hello traders,

The rally continues. All of my recent picks are in solid green, some of them are rewarding our subscribers nicely. I don't suggest chasing the ones already on the move, like BRCM, NVDA, FLSH, PDLI, AAPL,etc, if traders have not got them yet. Please focus on the ones just added to the list.

Now go to major averages and some individual movers.

Good luck and see you guys at http://uclatrader.blogspot.com/

UCLATRADER




D I S C L A I M E R -This newsletter is a publication dedicated to the education of online stock traders. The newsletter is an information service only. The information provided herein is not to be construed as an offer to buy or sell stocks of any kind. The newsletter selections are not to be considered a recommendation to buy any stock but to aid the investor in making an informed decision based on technical analysis. It is possible at this or some subsequent date, the editors of uclatrader.blogspot., may own, buy or sell stocks presented. All investors should consult a qualified professional before trading any stock. The information provided has been obtained from sources deemed reliable but is not guaranteed as to accuracy or completeness. uclatrader.blogspot.com staff make every effort to provide timely information to subscribers but cannot guarantee specific delivery times due to factors beyond our control. COPYRIGHT NOTICE -All material in the web site uclatrader.blogspot.com and its newsletter are protected under copyright laws of the United States. You may not reproduce, post or transmit, in anyway, any part of this letter or any material in the web site, without prior written notarized consent of the author






These are only four out of over a dozen of long candidates. Want to find out more of newly added picks, please email me for the free two week trial.

Past trades for Sep, 05

bot bidu @ 83.52, sold @ 95, net 14%
bot bidu @ 83.52, sold @ 96.6, net 16%
bot bidu @ 83.98, sold @ 89.5, net 7%
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bot aapl @ 47.29, sold @ 48.45, net 2%
bot usna @ 52.44, sold @ 51.68, net (1%)
bot dna @ 93.36, sold @ 93.12, net (0%)
bot cutr @ 24.05, sold @ 25.3, net 5%
bot vign @ 15.54, sold @ 15.34, net (1%)
bot uthr @ 72.85, sold @ 72, net (1%)
bot redf @ 13.34, sold @ 14.64, net 10%
bot emms @ 24.37, sold @ 24.06, net (1%)
bot ntes @ 81.68, sold @ 83.64, net 2%
bot ntes @ 72.42, sold @ 80.78, net 12%
bot ctrp @61, sold @ 62.41, net 2%
bot lm @ 109.6, sold @ 108.5, net (1%)
bot pact @ 7.9, sold @ 7.84, net (1%)
bot bidu @ 115.83, sold @ 119.85, net 3%
bot bidu @ 119.04, sold @ 122.05, net 3%
bot knot @ 10.25, sold @ 11.27, net 10%
bot usna @ 53.31, sold @ 52.73, net (1%)
-----------------------------------------------
bot efji @ 9.67, sold @ 9.24, net (4%)
bot homs @ 4.1, sold @ 4.07, net (1%)
bot medi @ 30.49, sold @ 30.4, net (0%)
bot pwav @ 12.47, sold @ 12.23, net (2%)
bot goog @ 305.95, sold @ 304.85, net (0%)
bot eslr @ 8.18, sold @ 7.84, net (4%)
bot ntes @ 77.75, sold @ 81.88, net 5%
bot tomo @ 16.81, sold @ 17.55, net 4%
bot tomo @ 17.8, sold @17.9, net 1%
bot goog @ 312.65, sold @ 314.54, net 1%
bot lm @ 108.725, sold @ 108.67, net (0%)
-----------------------------------------------
bot tomo @ 17.8, sold @ 18.84, net 6%
bot mnta @ 29.46, sold @ 31.8, net 8%
bot amln @ 31.5, sold @ 33.41, net 6%
bot ntri @ 24.3, sold @ 23.71, net (2%)
bot mnta @ 29.69, sold @ 28.86, net (3%)
bot homs @ 4.35, sold @ 4.15, net (5%)
bot lm @ 110, sold @109.8, net (1%)
bot redf @ 14.09, sold @ 13.9, net (1%)
bot hawk @ 14.12, sold @ 14.3, net 1%
bot redf @ 15.18, sold @ 17.9, net 18%

Update: BRCM

BRCM acting as predicted, sweet.

Quick update on BIDU

I am trimming some of my BIDU shares here, next target 95, then 100.

UTHR

UTHR is breaking out today, I brought it up over MSN this morning.

Update: NTES

NTES is approaching my 1st target as well. Longer term, a lot higher, I think.

Update: BIDU

BIDU is approaching my first target beautifully.

Update: AMGN

AMGN still climbing, now approaching to the old high.

Semiconductors

I am little bit cautious this morning, since the Nasdaq does not get boost from upbeat TXN mid quarter updates. Traders were optimistic about the strength of TXN and INTC last night, and expected a big run up. But now the Nasdaq is lagging the Dow, up just tiny 3 pts. The stock does not perform as it is supposed to do, which always gets me concerned.

Don't get me wrong, overall I am still bullish on this market. I am just getting nervous a little.

TOL

TOL is just one of the homebuilders that show weakness. Avoid, or even start some shorts.

Update: semiconductors

Semiconductor index is following biotechs, breaking up the small consolidation.

Crude oil

$63 is the key. If it drops below that price, it will be very bullish for the general market.

PSYS

Breakout out today, it was featured in my newsletter two days ago.

Update: NVDA

Stop is raised to 29.7, target now 36.