No more index longs, no long etf’s, no AMZN. Its all in cash. Sold out this morning. At the morning Rydex window the Rut was up more than 1.2% and NDX was flat. So basically earned some cash back off this bad long trade I’ve been sitting in.
Stocks I still own though and all are [...]

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The market. 4% in the RUT and 1.5% in the NDX. It looks like Dell doesn’t look too hot AH and that might have an effect on the morning open.
FRPT - Rocked today, until after hours they mentioned they are restating a quarter from 2007. BS there, but this is what happens in these POS [...]

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I’m long the indexes and they are doing well today. Dow has hit +200 on the day. Double funds and leveraged ETF’s are doing well.
FRPT bought yesterday is having a minor breakout today. I’m expecting considerably more upside.
QCOR still performing.
MRVL bouncing.
Bought:
BBY - Charts look good.
I’m looking at CAKE, CPKI, RT, CPST again, CWTR, VIFL, UYG [...]

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Cashed in the CPSL trade today. Normally I’d keep this sucker running, but apparently its a trader’s market now. You are probably hearing it all over the place. Take the gains while you got em. However, this type of market is likely to break into a trending market sometime soon. At least thats my bet. [...]

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In @ 5.2, has since moved 7 pennies.
Part of the biotech sector uptrend, nice daily breakout happening today.

I contemplated between adding to CALM or buying QCOR, and since CALM is acting $hitty, this is where I went. adding to sectors that are holding up.

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It may bite me in the ass, but I’m waiting to get long. Till Friday to see if either tomorrow or Friday provides a down day that will make my shorts profitable. I’m bullish intermediate term, so I’m playing a high risk, arguably, low reward trade here. However, I still have confidence that it will [...]

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I’ve been saying it for days now, that I want to buy weakness in the market for a long trade and therefore I went short with expectations of weakness to happen. That started to happen today. The RUT finished down .81% or 1.6% if your a double head. The NDX finished flat - booo.
Things that [...]

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I added to my positions in SNTS and HOGS.

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This chart was posted yesterday after the big DAILY down move in the market.

This is how the same chart looks today.

Good call?
What sucked:
EJ not working I had to dump it for a 3.9%ish loss. ABAT which I thankfully got rid of yesterday for a loss as well around 5% or so.
What worked:
Amazing market [...]

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MATK was on the watchlist on the right side. I have not been in the stock till now. Biotech play on baby food.
In @ 37.79.

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RTK exploding today up another 11-12% bring my gain up to the 31% area on news that they have successfully created synthetic fuel. The chart was “saying” something was coming. There might be a little squeeze in this one. It also might be a sell here on the pop. I want to watch it closely [...]

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Start the complain train, because PWAV finally made its move today without me on board. Hey it was a new technique I was testing, now I know I got to hold out for genius picks.
RTK, SNTS, PWAV, LLNW, VPHM (remember when I dumped VPHM like Fat Albert after eating a wet burrito? I’m such a [...]

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Who gave you biotech way before the move started?
I didn’t get to make a post yesterday, for no other reason except fatigue. I’ve been tired lately, nothing to do with trading, just going to bed late and getting up early. I’ve been doing this for over 10 years, but for some reason its now affecting [...]

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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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