UA - I wish I saw that they were reporting tomorrow. I would have tried to play this. Signaling a buy. Pete Najarian mentioned tonight that the options were pricing in a move of 10% either way. There was no directional bias. However, the charts look like they are pointing to higher prices. 10% upside [...]

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Since I took everything to cash not too long ago, I’ve been itching to get my IRA filled up again.
I bought ADM at 35.9. ADM is a favorite of mine.
and EBAY at  33.21.
I’ve been a staunch hater of EBAY (not here) years ago, but I think the internet sector is about to take off and [...]

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I sold EXTR today and bought CBRX. I wasn’t particularly comfortable with the buy to begin with and I commented on that yesterday.
I also sold ADM today and replaced it with ONNN. I took an 8.8% gain on ADM. I want to get back in on a pullback. I think the whole Ethanol/Solar stocks are [...]

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ICOC - The stock I picked up yesterday did a nice 4% pop today. Todays move looks to be a breakout clearing both the 2/15/7 highs as well as the spike made on 2/8/07. More upside coming here. Weekly chart looks hot. This really the only position other than laddering into some shorts that I [...]

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Being long certain stocks.
BRCD calls: 87.5% I think they could move higher, but with the volatility of owning April calls 100% was enough for me. If I owned May or June strikes then I would’ve held onto them.
BIOM: Up 6% today. I think its moving higher.
URRE: I sold it today and snagged my 4% and [...]

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Being long. Didn’t make anything on the NDX, but did catch a little on the R2k funds.
BRCD had a 1.7% move and I think its going higher. Currently up 1.64% on the equity stake and the options are back to even. I bought more of the same calls today at .20.
ONT gave up a nice [...]

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Being Long. I forgot to post that yesterday when I posted I got out of my shorts. I was only lightly long and got more long today in the 2x funds and UWM/QLD.
ONT - bounced back with some ferocity today. I do expect the stock to pull back sometime maybe next week or thereafter. Up [...]

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Being Short. The NDX finished ugly. All major indexes are breaking down at their 50dma’s.
A nice 2%+ move for the QID and NDX 2x funds. About 1.2%+ for TWM and R2K 2x funds.
Overall very nice day today and yesterday.
ADM - I posted about it earlier today on StockRake. ADM just worked today and worked well. [...]

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On a day that is ugly (and could get uglier), ADM is shooting upwards. Currently ADM is up over 2.5% today and I couldn’t find news as to why. Of course the stock’s chart looks great, but is that the real reason? Is it a good recessionary stock? I think so.
Could it be the recent [...]

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USOO continued its 13% move yesterday with a 2%+ tack on. That stock is coming back in my yearly portfolio. The yearly portfolio is still treading water and down for the year -8.65%, but I’m still anticipating a comeback.
ONT was up 7%+ today. I’m up 17% on the position. Good thing I didn’t sell a [...]

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URRE - This puppy is as hot as uranium itself.
AUTO - Had a great earnings report. A yearly hold.
ADM - Archer Daniels Midland is doing well and I like where its going.

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Being Short.
The puts are up about 7%, the QID position is up about 1%, the Rydex funds caught about 1% today as well. Overall very nice for a no big deal day. I’m still short with all positions mentioned.
Tomorrow will be interesting and Friday should be very entertaining.
URRE - I bought this yesterday and it [...]

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Being Long. Took a 3% loss in the funds, but the good news is that I was short for the big drop on 2-27-07. I know some people out there are in alot more pain than I am, but it does feel good that I’m not as badly beat up. Flipped the losing fund trade [...]

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The CXTI trade worked very well today. I caught a 9% move today in the stock bringing my gain up to 13% total. I sold half my position and letting the other half simmer and ride the move. Good trade for 3 days hold.
I’m impressed with XPO. It keeps inching higher. One of my yearly [...]

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The LMRA trade was a nice 17% gain for what was mostly an overnight trade.
ADM continues its move upward.
FORG had a nice day today up as much as 10% (I think) at one point, but closed with 5%+ in the bag. Maybe FORG is turning. I’m fractionally down on my FORG holding, but was down [...]

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