Financials
Thanks Goldman
This morning was looking awesome. GS was gapping up and everything I bought for overnight trade was moving higher. WFC, JPM, STLD, etc. The two best trades were STLD and WFC calls. Like I”ve said though in recent posts, the market is nowheresville right now and overtrading here can hurt gains. It just hurt mine …
Good Trade, Bad Trade So Far
The day started out awesome. FSLR was up 3 bucks pre market and I left the house to run some errands. Around 10:00am I’m looking at my iStockManager and I see I’m up 70% on the FSLR calls, YGE is rocking, GS and MS calls are all positive, but not stellar, IBN doing ok, and …
Some Juicy Setups
Like last week I’m playing some ugly charts. These aren’t your traditional sweet setups like FTO or WNR. However, if you bought LVS, ATML, NVDA, and BRCM some were up as much as 19% midweek. Although those were a few of the stocks I selected out of this screen there were other huge winners. RHT, …
Never Short A Dull Market
That is what I think of at this point in the uptrend. Last week was dull, but it moved higher ultimately. My overbought indicators are all on for market indexes, but as usual they are to be ignored when the uptrend is where it is. Will we get a pullback? I do not know where …
Posted by StockRake on January 26, 2010 in Financials, Leveraged Funds, Mining Stocks, Retail Stocks, Technical Analysis, Trades
Market Has Two Sticks Of Dynamite Up Its Ass Right Now
The question is which way will it explode? Still in reduced long positions, but bought a few stocks for a very short term pop in the market that I think is coming. If it doesn’t happen, then I’m selling and will sit. Bought DPTR, VLO March calls, PBR calls, SLW, YONG for short term, rebought …
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