At the time of this posting, these are a list of stocks that based on typical valuation models and technical analysis are cheap and oversold. These stocks are likely being priced in for the incoming global recession, but they might have priced them down too far. Most of these stocks have PEs under 3. However, [...]

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A couple of thoughts on some stocks that are possibly making moves here.
1. The Dry Bulk stocks are acting like crap and I was obviously early on EXM. In fact, I’ve lost my buy signal. It is now a value stock. Due you due diligence on TBSI, DRYS, EXM, GNK. This may be related to [...]

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Indexes rallied today giving me 2.6% in the RUT and 1.5% in the NDX. That was nice, but we really haven’t made much progress to the upside yet. I say yet, because its possible that is coming in the next few weeks. Or I’m incorrect and I’ll eat my words.
During these past two weeks of [...]

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I sold SOLF. I can’t wait around anymore. Took a 9% loss overnight. That bites, but its time to move on. Its definitely a value stock, and one if I wasn’t so “want gains now” minded I would hold on, but then I wouldn’t have any capability to buy crap that is actually moving. As [...]

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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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Bought UWM and QLD this morning with impunity. Up on both of those trades. I knew I had too much of a good thing when CALM hit 9%. Today it pulled back hard.
Things still look ok and I’m looking beyond this week’s trading action, not tomorrow or Friday.
I’m a little ticked though I missed the [...]

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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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RUT gave me 3.2% today while the SPX gave me a mild 1/2% gain.
FXP and SRS both didn’t yield any gains for me today, in fact SRS pulled back.
I bought TWM early this morning. When the market rallied midday I was down on that trade around 2%, however, the market sold off again, making the [...]

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The money I threw into the index longs yesterday was removed this morning for a decent gain. When the 3:55 started rolling around, I went back in with the cash I took off the table from the morning trade. I’m back into the NDX and RUT heavily. I’m not expecting fireworks tomorrow, but next week [...]

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JOYG, CPST, DRYS, GU, EDEN, EWZ, DRQ, CAT, KOL.
Of these stocks which ones do I still own?
CPST (can’t complain about that).
EDEN (can’t complain about this one about to break out).
EWZ (bought it back yesterday, was too depressed to post yesterday about it after seeing DRYS bust 100).
So why I am upset about DRYS going above [...]

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Bought calls in YGE and TSO today. The May YGE 30 and 25 strikes saw unusual volume (the puts did as well, but not nearly as much action), I decided to go risky and go with the May 30s. For TSO I went with the June 25 calls there. YGE reports tomorrow. I haven’t had [...]

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MSFT - Options looked great had 35% in the bag. Decided to hang on. MISTAKE.
QQQQ - Call options were rocking. At least I trimmed some of the gains, but I plan on holding on through next week maybe up into expiration. I see new highs a coming.
Being long the indexes worked. My index trading account [...]

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Posting this 2am my time. Such dedication.
Worked:
CPST broke the 3 dollar level. Closed up around that range. New 52 week high. I profiled CPST on Dec 8th 2007 as a breakout candidate when it was trading at $1.35 at Clean Green Stocks.
If you been following my trading of it here, I’ve been in and out [...]

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Bought:
AKNS @ 7.88 a little bit of a rushed trade. I should’ve saved the powder, but Solars were and are running today, but AKNS was not. I figured it might play catch up as its daily chart looks great.
CPST and DAR both smoking higher to new 52 week highs.
Sold:
I didn’t do it, but I got stopped out [...]

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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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