I’m long the indexes and they are doing well today. Dow has hit +200 on the day. Double funds and leveraged ETF’s are doing well.
FRPT bought yesterday is having a minor breakout today. I’m expecting considerably more upside.
QCOR still performing.
MRVL bouncing.
Bought:
BBY - Charts look good.
I’m looking at CAKE, CPKI, RT, CPST again, CWTR, VIFL, UYG [...]

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On June 19th James Swiatek questioned my sell in CPST. A stock I caught the whole way up made a lot of money off of it and then abruptly got out of it, never to return since. You haven’t seen me mention CPST or DAR two stocks I loved. Other than my brief shorting attempt [...]

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Well on the week to week basis we got the rebound I was expecting.
On a week over week basis, the RUT gained 19 points, and the SPX gained 21 points. However, things like the UYG did 14.6%. So certain items this week exploded while others were just good.
I flipped to a small index SHORT position [...]

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The world was coming to end this morning. Mentally wrestling fears and thoughts of bear market this and crash that and Iran nuke this and Israel bombing that and then around 1pm someone came in and turned the lights on and the monsters were allll gone.
Sometimes its like that. Scary scary scary, oh not that [...]

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A smattering of trades today….
Looks like it was a good move to drop the DDM when I did.
HYGS was the trade of the day getting 28% on the move. Immediately out of the gate it was a race between CNEH and HYGS to see who would be up more by the close. CNEH was rocketing, [...]

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NDX and RUT both dropped today for a decent return of 1.6% in the double funds.
SRS - Cooperated and gave me a 4.17% pop today. Nice breakout there.
FXP - Didn’t participate even though FXI was down today. It did a little pullback, but the charts still are saying buy, which means sell for the FXI.
CPST [...]

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As I said in an earlier post, the market basically got TKO’d right at the opening bell.
So the market broke the 12000 zone and the SPX broke 1330 and that was my cue. I thought the market would go up today due to yesterday being up and bouncing at key levels. Not the case. So [...]

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Short the NDX and RUT heavily.
Own: AP, ABP, KWK, SRS (might be selling it though based on today’s action.)
No longer have ABAT or CPST, but looking for a place to rebuy.
Bought yesterday:
SRS ultra short real estate etf.
KWK again.

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That was fast. Stopped out of KWK for 1.7% loss.
I sold my index longs and took them short. Not liking yesterdays action, not liking today’s with the charts in precarious positions.
Sold CPST locking in 14% gains. Sold all CPST positions.
ABAT is screaming today. Still have it, up 29% now in 2 days.
AP in the green [...]

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ABAT - up 18% from this morning’s buy.
CPST - Also had a sweet day and hit a new 52 week high. Up 7.8% today and up 15% on my buy.
ABP - Up 5% today and up 18% from the buy.
AP - Up 6% from the buy point, but up 7.6% on the day. It didn’t [...]

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As usual one of the stocks I’ve been stalking/owned breaks out today. I’ve been in and out of ABAT over the last month or so and before my patience gives in or another stock grabs my attention first like DAR or CPST and I let it go. Well today we get the break I was [...]

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Indexes yielded around 2% in both NDX and RUT.
UYG - I sold it today at the intraday high to take a 2.9% gain.
CPST - Worked a little higher today.
I’m still long the indexes and looking for more up tomorrow after GS earnings. Oil looks like it wants to roll over again in a bad way. [...]

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Bought:
Indexes - NDX and RUT heavy eod, but put on a half position this morning that actually turned out profitable because the market closed even higher. Its quite amazing to me that the market closed up strong on a Friday, considering how terrible the market has acted lately, buyers could have walked away and let [...]

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I thought the market was going to fall off a cliff the way it sold off midday. However, it was saved. The NDX and RUT did have a nasty day today, but rallied to close in more normal fashion.
I think the very short term (1-2 days) we will get a bounce.
Typically when the volatility indexes [...]

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I went into the longs heavily this morning and markets continued higher all day closing at the highs. For a very very brief moment in time after the market gapped higher the NDX went and filled its gap and went negative for a few ticks then it was off to the races. I saw this [...]

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