Posts Tagged ‘commodities’
Short Trading Ideas
In addition to these, looking at AEM, NEM, GLD, GDX. The market actually needs to move down a little further and more short ideas will emerge and many would be longs (if we closed the week right here) will likely swap over. If this whole scenario doesn’t play out, it may just be time to …
Market Trying To Rally / Hold With Financials Going To New Lows
Very interesting trading action today. UYG and FAS hitting new lows, while market is trying to move higher and/or hold these levels. Possible temporary decoupling today. Watch to see if focus turns back towards commodities.
Wild Small Range Day Stopping Out Of Positions Like Crazy
Right off the bat when the market opened down and I saw the commodities dropping with OIL I sold my YZC and UYG for gains of 8% and 9%. I bought more APWR @ 5.49 today doubling my position. Sold the whole thing @ 5.84 for an avg gain of 15.6% on the total position. …
Trades Today Went 8-8 Still Holding Some
If you have followed me today, you saw this morning I bought, YZC, UYM, RSX, SSO, and TNA. I also went long with Rydex double funds and got filled at 10:45 at a entry price. Over there I went long the SPX, RUT, and NDX. All trades bought today closed with nice healthy gains. I …
Commodities Catching Fire Again Today
The commodity names on my watchlist are screaming green again this morning. This is probably the reason the market is not down worse and might even save the day. JRCC up nearly 100% in 4 days. Not interested now. If these stocks pullback I’ll get interest again. Top names: DNR, PCX, JRCC, PCX, TC, CNX, …
