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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These were coming up on my screens yesterday and this was supposed to be posted yesterday. I added ABAT to the list today.
SUF - Chart is looking really good. I don’t know why.
KHD - China earthquake play, chart is looking good today on the pullback.
CVI - Good fundies and unnotice right now.
ACOR - Chart is [...]

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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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I’ve mentioned I’m in the middle of a kitchen remodel? If not, I am and its having an effect on my memory lately and my concentration hasn’t been on the market as much.
Worked:
Forgot to mention that I went lightly long the NDX this morning. Made money on that trade of around 1%.
CAT, INTC, GILD, CPST,  [...]

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Sold:
ABAT - From the WTF?! department. I guess that move in ABAT on Friday was short covering before earnings. ABAT completely reversed and dropped large this morning. I got out with a 13% loss. Out @ 4.10. Crap trade.
VLO - Sold out of the remaining shares because its just not acting well. Took a 1% [...]

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This post is for Friday’s trading action of March 28th, but this is being posted on March 29th.
Worked:
Not jumping in this morning as the market was up about 1-2%. I said if we gapped down or the market saw morning weakness I would be a buyer. The smart thing was not taking the trade regardless [...]

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Really this is a late day update, but wth.
Bought more CAT @ 76.89 and 76.77. CAT up 1% since then.
CREE popping today don’t know why.
Semis dipping today.
DRYS looks interesting again.
JRCC looks like a buy today.
ABAT looks like a buy today as well.

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Worked:
Being long the indexes worked again today. The NDX netted 1% while the RUT was flat to down a little bit.
Bought:
AAPL March 125 call options @ 3.10. They were up to 4 bucks at the close for a 29% gain, but I held on and I’m glad I did because AAPL went up to 127 [...]

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Worked:
I didn’t get a chance to do a Midday Update today because of family matters.
I also didn’t cash out of my index longs this morning and it worked out for the better. The NDX gained about .66% and a 2% gain for RUT just padded my trade. It looks like we have more coming too. [...]

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Worked:
Being long the indexes. I’ve been long for days now and today it paid off. More than 4% in the RUT and I’m RUT heavy in my index account plus 1.36% in the NDX.
SEED - Up 4%.
CPST - Had a great move today. Up 9.2% on the position.
YGE - I got ancy on my [...]

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Being long. The indexes still continue higher. The NDX had a late run that bumped up to new highs. I cashed out Friday morning, but went back in Friday afternoon with the SPX and NDX. The spread between the two was .32%. Nothing great, but still a gain.
ABAT - Turning into GBT tomorrow, ROCKING. Up [...]

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ABAT up another 10% + today before it changes its symbol to GBT and starts trading on the AMEX stock exchange. This stock has been good for 112% gain since my 9-17 buy.

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Being long. Not listening to noise. I went on a little tirade yesterday about noise and how it affects trading. From alot of what I was reading, people were expecting fire and brimstone today and for the market to drop, not breakout to new highs. I was very confident this wasn’t the case. If they [...]

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I cashed in my index longs selling my UWM for 1.5% gains as well as my 2x funds for 1.5% in the RUT and close to 2% in the NDX. I thought I would get a better up move than we saw this morning, but I’ll take it. We might close higher by the end [...]

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UVE - Took the profits off the table in UVE and left the original investment on.
ABAT - Big 22% move today. Up over 62% on the trade.
SVA - Up 60%
HCN - Up 14%
CHNR - Not for me, but for someone out there. This stock has gone up huge over two days.
I put some heavy longs [...]

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