I’m in the process of updating my watchlist with new picks. I actually was doing this last night, but like I said I didn’t get to finish everything because of being tired in an earlier post referencing playing 9 basketball games and me having the cardio of a student in Richard Simmons beginner class (thats [...]

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The market sure looks that way to me.

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Market moving very well right now. Financials got a wee boost from NTRS and WFC today (if you don’t know those symbols look em up because its part of your job). Oil has cracked for the time being. The action I saw in the DUG yesterday was telling. However, I did not post about it [...]

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NDX closed up .02% so .04% for the double funds….WOOT! Thats good for some gum from the penny machines at the grocery store. While the good ole RUT is well stuck in a RUT. Closed down .64% for me.
It looked like the move was going to start today, but alas a late day selloff ruined [...]

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We might be having the capitulation today. Watch for volume. Its a bad two days, but its only two days compared to anyone riding this down for the last 60 days.

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On a day where the tape is as brown as shitty gets, two Brazil utility stocks kicked ass today. Watch them, ignore them, but take notice now so we can complain together about not trading these 20 pts from now. I actually might get some of Brazil util action once my long index bounce materializes.
CIG [...]

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The market was all over the friggin place. Who is ready to give up and go home? Thats a good sign if you are. Up and down all day with a big rally that happened at 3:25 then a big sell off at about 3:45. When the VIX gets up to these levels the moves [...]

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I’m not panicicking or even sweating. Be calm grasshopper, be calm self.
Lets see what materializes into the close and forget this BS that is happening this morning.
The real test will be to see how the market closes on Friday.

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“It is time to recognize that the GSEs were always dependent upon government support and now we must make the implicit explicit,” said Christopher Whalen, co-founder of independent research firm Institutional Risk Analytics in Torrance, California
Read the word at Bloomberg
The futes are up big on the news which is great for my long trade.
I make [...]

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I did what I said I was going to do. Went heavily long the leveraged funds for the indexes NDX and RUT. I also bought the leveraged ETF’s UWM and QLD. Outside of that I also have my ICE call options. There is going to be some sick option activity next week. This long trade [...]

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I picked up some July 90 ICE calls for 4.40.
ICE has some bounce potential to 100. Currently at 88. I should’ve bought these yesterday at the close, but who knows why I didn’t.

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Yesterday’s analysis was on the money. Oil is up to a new record, gold is moving, market is down big, and this Friday is terrible. My leftover EWZ is going to take a hit, but oh well.
Let the market run its course today it will likely be scary. My plan is to short in the [...]

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I was mostly in EWZ and had no index longs today despite the move up. EWZ, however, produced a nice result of 3.5%, but mostly in the range of 2% for my accounts. I dumped most of it today near the close, however, I do have a small amount left over that I wasn’t fast [...]

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Yesterday I covered my butt and went to cash after the huge run up. I was very close to then shorting the indexes, but enough “noise” entered my trading window to mess it up and so it goes. The good part is that I avoided the meltdown today. However, the two day swing performance for [...]

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Biotech stocks brokeout today. Its official uptrend for biotech. From this point forward buy the dips.
This is the chart I posted on May 30th. I was saying at that time that there are signs of a move happening in this sector and that new up trend is possible. I said it in a shorthand version [...]

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