Took 30%ish or more on the ACI and BTU calls. Very nice 1 day bounce there.
Still holding the CVX calls, but considering dumping those taking the small loss and being happy with the big gains in the coal stocks.
Went short with QID and upped my index fund short position this morning. Just sold QID though [...]

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The long worked again today. On my trimmed long from yesterday I added another 1.9% in the mutual funds which I’m still holding and the ETF’s of UWM and QLD were sold this morning for a variety of gains ranging from 4.5% to 7%. Loving this long trade, but what little exposure I have left [...]

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Sold all of my QLD and UWM positions into this strength. Still have the chopped mutual fund position that I talked about yesterday.
Bought: SNTS @ 2.44, VPHM @ 11.12
Both of these are drug/biotech stocks.
**Late edit. Don’t know if RSS readers see this once a post is published, but Sold the July 90 ICE calls @ [...]

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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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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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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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The world was coming to end this morning. Mentally wrestling fears and thoughts of bear market this and crash that and Iran nuke this and Israel bombing that and then around 1pm someone came in and turned the lights on and the monsters were allll gone.
Sometimes its like that. Scary scary scary, oh not that [...]

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Raked 2.5% on that snipe. Typical of this strategy. ISIS looks like it could swing higher from here. When it does I’ll make sure to bitch about missing it.

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My new idea got me into ISIS around 14.63 today. Looking for prices above 15, maybe 15.60ish if I’m lucky.
Bought UWM @ 53.43. The way these 2x etf’s price sometimes is so f’d up. RUT was down to 730 when I bought UWM and now RUT is 731 and the UWM is 53.36.
The market looks [...]

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ACOR was fantastic. I profiled and bought it last week. The sucker popped 32% today. I sold all of my position in ACOR today. ACOR hit a new all time closing high today fwiw.

The biotech move though is not over yet.
Market dropped. I took a hit of around 2.5% on the NDX and 2% on [...]

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ACOR is moving my way today. A very nice weekly pattern on ACOR. ADLR looks good too, but I’m not in that one.
Just checking some other biotech names. We saw GILD make that break to new highs this week. I noticed BIIB had big call volume activity and now these biotech names are acting well.
Monthly [...]

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Worked:
Being long the NDX and RUT for a 6% gain.
DRYS option calls good for 47% overnight.
CPST, JOYG, DAR, KOL all moved higher. These 4 are either at or above 52 week highs.
GILD had great earnings, but no AH action yet.
Sucked:
Not being heavily long in the indexes. To be fair it was very unclear to me [...]

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Worked:
Being long the NDX and RUT. Yesterday I bought the weak close and todays rally gave me 2.6% in the RUT and 3% in the NDX.
CPST - closed up to 2.58 at the high so my buy is up 2.79%. On the account I didn’t sell CPST in is up 4.45%
Semis had a nice day [...]

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Position Update:
Owning: TITN, CAT, DAR, AMAT, GILD
Worked:
Sold: TBSI & JOYG I want to be a buyer of both these names and CAT as they come in if the markets selloff.
TITN up 2% from the buy today.
Index long funds were taken to cash this morning. I’m a buyer of weakness, so if we selloff tomorrow morning [...]

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Last week was a great trading week. Almost everything was profitable.
My index trading which basically consisted of being long, and trimming a little then throwing it back to the long side on a down day was good for around 12%. Maybe more, pain in the butt to calculate at this hour.
Worked:
CPST, YGE, LDK, POWI, DRYS [...]

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