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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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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RUT gave us longs 7.36% with the UWM giving out even more @ 7.73%. The NDX gave us 5% while the QLD gave out 4.78%.
If you’re new to my site, I’ve been long since Friday.
Today I trimmed back my index longs in the mutual funds (because the timing I have to trade them is only [...]

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I went into the longs heavily this morning and markets continued higher all day closing at the highs. For a very very brief moment in time after the market gapped higher the NDX went and filled its gap and went negative for a few ticks then it was off to the races. I saw this [...]

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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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I woke up this morning around 10am. Sometimes I skip the open, today was one. I looked at ESLR and see it down -7.5% and I said, “F$%k!” Dumped it and saved myself an extra 2% hit because it dropped 9.5% at the close. Only thing that sucked today.
The market indexes rocked though and I [...]

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Today’s action was depressing until the last 20 minutes when everything bounced.
Got back into CPST, but not to the degree the last time I bought. This is more like a 1/3.
ABAT – Was garbage today until afterhours it made a new high.
Of course after I sell EWZ (yesterday) the thing rallies 3% today. I wanted [...]

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If you’re a bear, you are going think this post is noise. If you’re bullish on the market right now, these charts are going to look like gems.
As you can see in the charts, the 21 day exponential moving average is shown as support in all of these charts.
Today was a great day where 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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Went short with the indexes this morning and it was a rough way to get to the finish line.
Markets blasted up and by the morning price time window rolled around the NDX was already up .50%. That was good for me to take a shot. However, the markets rallied even more. The Dow more than [...]

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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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Everything was working today.
CPST broke out today on very big volume to another record 52 week high. If you’ve been reading SR since September of 2007 you know I like this stock.

The indexes had a great day today. 3.6% for the RUT and another 3.6%ish for the NDX. Nice.
My QQQQ calls which had their premium [...]

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What a new title? Something different? Yeh I’ll try it.
What Worked Today:
Going short this morning with the indexes. Made a little bit of scratch there.
QQQQ puts – Got in the May 48s saw 11%, well my computer did, I was working out when the price action hit, but managed to sneeze out 2%.
I think the [...]

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Worked:
Being long the NDX and RUT. 6% for the NDX as it broke out to new highs. I’ve been riding this trend for months. Around 32% gain off the bottom for my index trading account. RUT did 3.9% for the the leveraged funds fans.
XLF calls – May 27s. Excellent action today in the XLF. I [...]

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Worked:
Nothing. Well the IWM calls worked great up until 2:45. However, I wasn’t home, so I wasn’t able to take advantage of the quick move. I thought we would get more than the upside we saw today. I held onto those IWM calls and actually tripled up my position.
Sucked:
Being long the indexes. RUT lost less [...]

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