Sold:
Sold remaining index longs for a loss of about 3%. I chickened out this morning, but things are looking up right now. This includes QLD and UWM positions as well as my 2x mutual fund positions that I trimmed down on Friday. At this point in the day all markets are green and I wish [...]

• Comments

Worked:
Being long the NDX and RUT. Yesterday I bought the weak close and todays rally gave me 2.6% in the RUT and 3% in the NDX.
CPST - closed up to 2.58 at the high so my buy is up 2.79%. On the account I didn’t sell CPST in is up 4.45%
Semis had a nice day [...]

• Comments

Bought:
CPST back @ 2.51 and its not moving anymore. It was earlier.
JOYG back @ 71.45
Look at TITN, SIM, both making new 52 week closing highs roday..F$CK.
DAR moving well and the chart is setting up very nicely. GILD doing well. Semi upgrade today turning AMAT right around @ support.
Considering dumping EWZ and adding that cash to [...]

• Comments

Bought:
YGE @ 20.80 had about 3% then it turned into a 2% loss as the market slid. I should’ve taken the trade when I had the gains. The whole solar sector was moving as OIL hit new highs, but solar backed off.
Sold:
YGE @ 20.38 for 2% loss
DRYS @ 71.21 for a 2.4% gain
NDX short @ [...]

• Comments

Worked:
TITN - Ripped today up 8% unfortunately I can pick the stocks, but I can’t ride them all the way. I got out with a 3.6% gain, so I can’t complain.
CPST, DRYS, and JOYG all finished higher. It looks like I’m going to have to sit through a possible drop tomorrow though.
My RUT long was [...]

• Comments

Position Update:
Owning: TITN, CAT, DAR, AMAT, GILD
Worked:
Sold: TBSI & JOYG I want to be a buyer of both these names and CAT as they come in if the markets selloff.
TITN up 2% from the buy today.
Index long funds were taken to cash this morning. I’m a buyer of weakness, so if we selloff tomorrow morning [...]

• Comments

Last week was a great trading week. Almost everything was profitable.
My index trading which basically consisted of being long, and trimming a little then throwing it back to the long side on a down day was good for around 12%. Maybe more, pain in the butt to calculate at this hour.
Worked:
CPST, YGE, LDK, POWI, DRYS [...]

• Comments

The rally getting going on April Fool’s Day!
Worked:
Everything. Market ripped today and gave me 8.26% in the NDX and 6.6% in the RUT. I was NDX heavily weighted so that also favored my position.
CPST - Closed at a new high up 8.5% today alone. Up 14% on the trade.
CAT - I sold my CAT positions [...]

• Comments

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,  [...]

• Comments

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% [...]

• Comments

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 [...]

• Comments

Worked:
Being short. Grabbed the profits this morning. I remained in cash and will look to get long tomorrow morning if the selling continues. Maybe if NDX touches 1765 or so.
CPST - New closing 52 week high today. CPST is a long and strong trender as well.
DAR - Inched higher.
POWI - Bought it today. POWI broke [...]

• Comments

What didn’t work? Nearly everything was up big today for me.
6% gains in the NDX and RUT. Half of that was only a gain of 5%, while the QLD and UWM both gained at least 6% this morning as they outpaced their benchmark indexes.
GILD - I sold it today in a slight panic. It was [...]

• Comments

Worked:
AMAT, VLO, not being in SJT or other oil related stuff. (Crude dropped to 101 today. I said it would trade to 100.)
INTC  - Moved nicely today.
Sucked:
YHOO calls expired worthless…no deal from MS to save me. 100% loss.
CREE - POPPED 9% today! F$CK! Guess what? I bought it back for a different account this morning [...]

• Comments

Worked:
It was a sweet move cashing out of the longs this morning because the market dumped hard. Saved myself more than a 5% loss. Thats a nice swing for my account.
VLO - Calls. Made 52% overnight from yesterday’s buy and sold it friggin perfectly @ 4.12. VLO was up over 4% earlier then finished down [...]

• Comments