Son of a $%#$%#$%#$%#$%#$%
“EFU - Sold EFU today with a 3.6% gain getting out @ 102.42. Now EFU might have a slight selloff due to the US dollar pulling back after its enormous move, but again, in the coming weeks if the US dollar rallies, EFU should break its all time high (very close now). [...]

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Restaurants, Homebuilders, and FRPT exploding upwards today with the general indexes.
I bought RT back this morning, FRPT I have already built a decent position in ahead of this breakout, and the homebuilders I profiled last week for you.
Picked up some SSO to added to my already overloaded longs as well.

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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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About time! However, the risk/reward was crappy and the gain matched that. Today the NDX gained .70% and the RUT did .26% whoooopeeeeeee. Overall I lost money this week attempting to short the trend. I said buy weakness and that is what I did today at the close. I’m now long the NDX and RUT [...]

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It wasn’t a week ago that the dry shipping stocks got crushed and appeared to be breaking down to move even lower. However, this week, and mostly because of today’s price action, all of these stocks are moving higher in a large way.

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It wasn’t a good trade, but it was a nice profit. EFU is breaking out and I sold into the breakout like a shmuck. I think its going a lot higher, but I have the patience of a hamster on viagra. I may buy it back. However, I’m still holding my watchlist picks of HOGS, [...]

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I mentioned yesterday that I went short with a “medium” position. This morning I’ve added to the index funds in the RUT only. I also bought TWM and EFU (2x inverse MSCI etf). The EFU is a play on the strengthening dollar. If the US dollar strengthens, the emerging markets will go down. The weak [...]

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Well the indexes continued to move higher and significantly so today for my two favorites - the NDX and RUT. 1.5% for NDX and 4.5% for the RUT. The RUT / small caps continue to exhibit strength over other indexes. I didn’t participate in it though today because I thought we might selloff. Wrong.
The things [...]

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I sold my RT and CAKE today into the strength.
Captured gains of 10.1% in RT and 8.1% in CAKE in 3 days. I’m probably early, I always am.
However, I’m not abandoning the sector. I want to buy into it on weakness. A similar pattern can be followed with biotech and the meat sector with stocks [...]

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Restaurant stocks, Meat stocks, and some other Food stocks are breaking out on the US dollar rallying as well as corn and wheat prices getting slaughtered.

Here are a list of restaurant stocks and my useless opinions on their wares. The first group of restaurant stocks listed are my favorite names.
Restaurant Stocks
CAKE - Cheesecake Factory is [...]

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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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I went heavy long the leveraged index funds yesterday and I’m out this morning with 4.6% in the RUT and 2.6% in the NDX. I also sold my QLD and UWM for around 1.5% and 2% respectively (because I was heavy long in those yesterday with the hit of yesterday they are not up as [...]

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These three things have one thing in common. They have no bearing on short term market direction.
Its all about the US dollar. You are starting to hear about it on blogs and TV. The market is moving higher because of it. You heard it from here on August 4th. So I’m glad one of the [...]

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I’ve been talking about retailers making a move in the last few days. TRLG is one of them. Plus its showing up on the same screen that was good for RTK, PWAV, SNTS, and LLNW.

I’m going to go and tag all those TRLG posts so they are easier to find. Back then (3 years ago) [...]

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Although I often make fecal related references, this is not one of them. I’m serious. BX looks like it could have a movement. A movement upwards that is. Keep it on your dar.

You know what I hate? When I’m listening to music on itunes and I’m jamming out (I never use that phrase, but its [...]

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