http://www.stockrake.com

If we gap up tomorrow morning I will micromanage my index longs and cover at least half. Many things of mine were up, a few losers, the worst being TWER. My favorite part of the day was utilizing my indicators and reading the $SBUX chart. Yesterday I tweeted, “$SBUX weekly chart looks awesome, I don’t …

Read More

You have to know the commercial to understand and if you have ever watched CNBC or had it on in the background for more than 20 minutes you know it. AAPL or Apple is trading in a channel. It appears we are at the top of the channel once more. Play the fiddle till its …

Read More

The RUT is now trading with a 3 handle! Today is the flush most people have been waiting for. Watch the volatility indexes, and see if anybody cries on CNBC. If nobody freaks out on TV, then this unfortunately is not overwith. Then tomorrow maybe…maybe we have an intraday reversal. Maybe we even have a …

Read More

Argh…So I pause CNBC and go take the garbage out and I come back in and press play and pick up my laptop computer, reading and listening to the tv forgetting that I’m behind. I’m probably about 5 minutes behind real time. I’ve been watching the futures hours before and knew it was going to …

Read More

Well the indexes continued to move higher and significantly so today for my two favorites – the NDX and RUT. 1.5% for NDX and 4.5% for the RUT. The RUT / small caps continue to exhibit strength over other indexes. I didn’t participate in it though today because I thought we might selloff. Wrong. The …

Read More