ONeil Trader's Instablog I am looking for long investment ideas, and short ideas. I mainly look at growth stocks. Most of my investment and trading ideas come from IBD (Investors Business Daily), although I strive to be flexible in my views. Stocks of my interest must show substantial earnings and sales growth, it is preferable to have acceleration of growth. The opposite is true for short ideas, deterioration and/or deceleration of growth. After those fundamental screens, I look for technical patterns to make trades and long term investments. My interest in the stock market started with my initial investment in a mutual fund, and I slowly transitioned and studied the stock market, and moved to trading stocks. I am a former broker and trade for my personal account. I try to read about investing and trading as much as I can. Some of the books I particularly like: Trade Like A Stock Market Wizard: How To Achieve Super Performance In Stocks In Any Market by Mark Minervini How To Make Money In Stocks by William J O'Neil Trade Like An O'Neil Disciple by Gil Morales and Chris Kacher Reminiscences of a Stock Operator by Edwin Lefevre All of the Market Wizards editions by Jack Schwager Winning On Wallstreet by Martin Zweig Superperformance stocks: An investment strategy for the individual investor based on the 4-year political cycle by Richard S Love You can follow me on: Twitter: https://twitter.com/ONeilTrader Stocktwits: http://stocktwits.com/ONeil_Trader ONeil Trader http://seekingalpha.com/author/oneil-trader/instablog Amazon Remains In Buying Range http://seekingalpha.com/instablog/4987661-oneil-trader/1468671-amazon-remains-in-buying-range?source=feed 1468671 The markets remain to behave in a positive manner, with S&P 500 reaching 5 year highs, and Russell 2000 clearing another all time high.

Leading stocks are behaving like they should in such a market. Many of them are extended from their buy points, but some are still actionable, while some are just setting up.

Amazon.com (AMZN) remains in buying range after breaking out from a cup-with-handle pattern on 7th January. It cleared the 263.21 buy point in above average volume and gone a bit higher. It is 3.4% above the buy point, which puts it in buying range.

(click to enlarge)

Walker & Dunlop (WD) marched higher this week, reaching new highs. The stock is up seven days in a row, and every day has come in above average volume, the institutions are clearly accumulating.

(click to enlarge)

Invensense (INVN) appears to be sketching a handle in its recent base.

(click to enlarge)Source for charts: Stockcharts

I have written about these stocks in my SA articles:

3 Big Caps Trending Up

Walker & Dunlop Offers Compelling Growth

Value And Growth In Invensense

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in [[INVN]] over the next 72 hours.

]]> Sat, 19 Jan 2013 17:35:32 -0500 The markets remain to behave in a positive manner, with S&P 500 reaching 5 year highs, and Russell 2000 clearing another all time high.

Leading stocks are behaving like they should in such a market. Many of them are extended from their buy points, but some are still actionable, while some are just setting up.

Amazon.com (AMZN) remains in buying range after breaking out from a cup-with-handle pattern on 7th January. It cleared the 263.21 buy point in above average volume and gone a bit higher. It is 3.4% above the buy point, which puts it in buying range.

(click to enlarge)

Walker & Dunlop (WD) marched higher this week, reaching new highs. The stock is up seven days in a row, and every day has come in above average volume, the institutions are clearly accumulating.

(click to enlarge)

Invensense (INVN) appears to be sketching a handle in its recent base.

(click to enlarge)Source for charts: Stockcharts

I have written about these stocks in my SA articles:

3 Big Caps Trending Up

Walker & Dunlop Offers Compelling Growth

Value And Growth In Invensense

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in [[INVN]] over the next 72 hours.

]]> amzn wd invn Ixia Makes New Highs http://seekingalpha.com/instablog/4987661-oneil-trader/1455711-ixia-makes-new-highs?source=feed 1455711 The general market ended the day mixed, with Apple (AAPL) dragging the Nasdaq down. The indexes are holding very near their highs, except for Apple heavy Nasdaq.

Ixia (XXIA) broke to new highs today, rising 7.8% with volume 375% above average. The stock is now 27.7% past the 16.24 buy point from cup-with-handle pattern, carried by raised guidance which was released yesterday.

(click to enlarge)

Source: Stockcharts

Ford (F) and General Motors (GM) continued to make new highs. I covered them in my article: Ford And General Motors Are Driving The Auto Recovery.

Walker & Dunlop (WD) also made new highs today, and did so in volume.

Celgene (CELG) also made a new high in above average volume (article: 3 Biotech Growth Stocks Near Highs).

Overall, leading stocks are behaving constructive, breaking out and making new highs, while the market is holding tight and also constructive at the moment.

Disclosure: I am long [[XXIA]].

]]> Tue, 15 Jan 2013 18:24:08 -0500 The general market ended the day mixed, with Apple (AAPL) dragging the Nasdaq down. The indexes are holding very near their highs, except for Apple heavy Nasdaq.

Ixia (XXIA) broke to new highs today, rising 7.8% with volume 375% above average. The stock is now 27.7% past the 16.24 buy point from cup-with-handle pattern, carried by raised guidance which was released yesterday.

(click to enlarge)

Source: Stockcharts

Ford (F) and General Motors (GM) continued to make new highs. I covered them in my article: Ford And General Motors Are Driving The Auto Recovery.

Walker & Dunlop (WD) also made new highs today, and did so in volume.

Celgene (CELG) also made a new high in above average volume (article: 3 Biotech Growth Stocks Near Highs).

Overall, leading stocks are behaving constructive, breaking out and making new highs, while the market is holding tight and also constructive at the moment.

Disclosure: I am long [[XXIA]].

]]> xxia f gm wd celg aapl Weekend Analysis - Saturday 12th January http://seekingalpha.com/instablog/4987661-oneil-trader/1446001-weekend-analysis-saturday-12th-january?source=feed 1446001 I have decided to move my blog to Seeking Alpha instablog, to have all in one place.

I am going to cover some technical action in stocks I am following, and about the stocks I wrote about in my SA articles and my blog.

Walker & Dunlop (WD) charged higher, clearing the consolidation little less than three months old. The move came on Thursday, after the company announced rising origination volume and increased 2013 origination guidance. I wrote about the company in this article: Walker And Dunlop Offers Compelling Growth.

(click to enlarge)

Invensense (INVN) appears to have bottomed, as it rose past key moving averages. The company will release earnings on 21st January. Article: Value And Growth In Invensense

(click to enlarge)

Baidu (BIDU) kept rising this week, and it came close to its 200 day moving average. Volume rose in the last two sessions, which is very positive for the stock. Article: Baidu Will Benefit From China Recovery

(click to enlarge)

Ixia (XXIA) is holding tight after clearing a 16.24 buy point from cup with handle in late December.

(click to enlarge)

The general market remains in a confirmed uptrend, and it is very tight after a surge at beginning of the year, after the resolution of the fiscal cliff issue.

Source for charts: Stockcharts.

Disclosure: I am long [[XXIA]].

]]> Sat, 12 Jan 2013 16:35:55 -0500 I have decided to move my blog to Seeking Alpha instablog, to have all in one place.

I am going to cover some technical action in stocks I am following, and about the stocks I wrote about in my SA articles and my blog.

Walker & Dunlop (WD) charged higher, clearing the consolidation little less than three months old. The move came on Thursday, after the company announced rising origination volume and increased 2013 origination guidance. I wrote about the company in this article: Walker And Dunlop Offers Compelling Growth.

(click to enlarge)

Invensense (INVN) appears to have bottomed, as it rose past key moving averages. The company will release earnings on 21st January. Article: Value And Growth In Invensense

(click to enlarge)

Baidu (BIDU) kept rising this week, and it came close to its 200 day moving average. Volume rose in the last two sessions, which is very positive for the stock. Article: Baidu Will Benefit From China Recovery

(click to enlarge)

Ixia (XXIA) is holding tight after clearing a 16.24 buy point from cup with handle in late December.

(click to enlarge)

The general market remains in a confirmed uptrend, and it is very tight after a surge at beginning of the year, after the resolution of the fiscal cliff issue.

Source for charts: Stockcharts.

Disclosure: I am long [[XXIA]].

]]> wd invn bidu xxia