Long Ideas for the week beginning 8/17/14: $AMGN to $TSLA

Long trade ideas to consider for the week beginning Monday, 8/17/2014. Lots of things happening, but this is a sample of weekly charts, with favorable “up” trend elements. What I have observed is tentative ebullience, and the emergence of tech, china, emerging markets and cyclical/industrial recovery plays. It’s tempered by price action ex-U.S. markets indicating lots of worry and forward projections of a decidedly “deflationary” nature (hello Europe, Putin and Busted-Abenomics).

Suggested stop loss points are offered. Price targets are a rarity on this site, as I tend to focus on studying price and then estimating possible stop loss points to come up with the cost of risk for a trade.

These are NOT intended to be a list of “favorite” trades as of this moment. Every week, I focus on what has happened as of the week ending each “friday”, and look at trend indicators related to price and volume. All traders have a systems and perspective unique to their needs and objectives.

AMGN_WK_6M_081514

$AMGN 132.8 with a stop loss of 121.8

AMT_WK_6M_081514

$AMT 98.2 with a stop loss of 92.4

BITA_WK_6M_081514

$BITA 78.3 with a stop loss of 66

CHL_WK_6M_081514

$CHL 59.9 with a stop loss of 56.5

CYH_WK_6M_081514

$CYH 51 with a stop loss of 44.5

EXPE_WK_6M_081514

$EXPE 85.4 with a stop loss of 77.5

GCI_WK_6M_081514

$GCI 34.6 with a stop loss of 31.3

GILD_WK_6M_081514

$GILD 99.5 with a stop loss of 92.1

HCA_WK_6M_081514

$HCA 67.7 with a stop loss of 60.9

JBLU_WK_6M_08151

$JBLU 11.9 with a stop loss of 10.5

LYB_WK_6M_081514

$LYB 110.6 with a stop loss of 103

RHT_WK_6M_081514

$RHT 59.8 with a stop loss of 56.3

RSG_WK_6M_081514

$RSG 39 with a stop loss of 37.3

SCI_WK_6M_081514

$SCI 21.9 with a stop loss of 20.7

SWKS_WK_6M_081514

$SWKS 54.4 with a stop loss of 49.2

TQNT_WK_6M_081514

$TQNT 18.9 with a stop loss of 16.3

TSLA_WK_6M_081514

$TSLA 262 with a stop loss of 231.8

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