Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

End of Day Recap

Overall, today was a good day. Most of my top holdings held their own and ended up posting modest gains. Some of today's favorites were APPY, AXYS, and BKR. Others such as EXM and SNDA ended up closing negative, mostly from profit taking. I will try and post some stock picks and trade ideas for tomorrow a bit later.


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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Moving Along Nicely...
Despite some bumps in the road (SILC, SNDA), most of my stocks in my portfolio are performing quite well. Even SIMC has bounced back and is acting fine. The only stock that I could maybe recommend as a new buy is ASTI. I recommended this one a few months back but had to sell because the stock reversed its uptrend soon after the mention. Well the stock is acting fine again and may make a good long as the stock broke out yesterday on high volume. I also posted several gold and silver plays last night. You can add LIHR to that list as well. The best advice that I can give you now is to keep adding more to your top performing stocks and sell the ones that are lagging behind.


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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

A Look at Some of Today's Winners...
Some of Today's Winners: ANW, ATRO, BW, CMED, EHTH, FALC, MHJ, NWK, SHEN, SILC, SNCR, SNDA, WAT, YGE


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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

In Play: ANW, CMED, SIMC, SNDA

Here are today's In-Play candidates...

ANW (new recommendation/stock pick)
SNDA (new recommendation/stock pick)

SIMC (add-on, up nearly 40% from initial buy)
CMED (add-on)



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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Waiting and Worrying About the Fed...

Stocks closed modestly lower today in anticipation of the upcoming Fed meeting. This is understandable. I am actually glad to see investors and the stocks behaving in such a fashion. There should be at least some sense of nervousness, caution and uncertainty. I would have felt uncomfortable if investors and traders approached this event in a confident manner. If the outcome of the meeting is positive, the markets may rally from here. If the outcome is negative, down we go again. Regardless, I am sticking with my current positions. I haven't found any new earth-shattering stock that I should be long. Well at least not yet. My research for tomorrow is still far from done. Despite the markets negativity, I was glad to see some of my stocks bucking the trend. Stocks such as SIMC, CMED, SNDA (new buy), and ANW (new buy) all fared well. Even BKR may have finished consolidating as it began to work on a pivot point on above average volume. Whatever the Fed meeting outcome, this will be an interesting week. Now lets sit tight and see what happens...



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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

New Stock Picks for the Week of September 17, 2007
New Stock Picks: (Includes New stocks that have not been mentioned in 2007.


ALLI


ANW



ATRO



BOOM (mentioned a few months ago but now its a good initial buy)



GME



SNCR (mentioned a few months ago but now it is a good buy)



SNDA



WAT



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