Stock Comments
Plays For Friday If The World Doesn’t End
VLO DE XLF – substitute your favorite financial JPM – looks extra special on its own. GE DIS ARUN But here’s the thing: Its been about a year since the price action of these inverse etf’s have been above both the 21 and 50demas. I’m using TZA for this example because I don’t feel like …
Always Early – BYD
BYD broke out today and I bought calls on Dec 5. Irks the shit outta me. Anyways, just a small update. Still long the same stocks as before, Oil, Solars, and in cash with the indexes…for now.
Update On Positions
-Added to C calls -Bought AMAT calls based on call activity – down day today – and my post about its breakout over the last weekend -Trimmed CSUN and FEED due to them being in danger of rolling to sell signals -Bought some MGM for a daytrade -Bought UCO based on USO and OIH charts …
Looking At TBT and UNG
I’m looking to purchase TBT, UNG.
Bagged Roughly 3% On The Overnight Short
From my overnight short yesterday I bagged about 3% (might be closer to 2.5% on average). I sold those index shorts this morning and didn’t get hit with the late day rally. I stayed in cash and did not go long the indexes at the close today. I think the market is at a point …
