So here I provided a graphic that is the same as the one I’ve been posting the past few days. The blue line got tested, and we closed above it. Be long unless we get an SPX close below that. This also means the odds favor a SPX test of 950 now since the market [...]

• Comments

Right off the open my longs in FXP and ERY were winners. FXP popped 10% on the open and I dumped it. Bad move, more later. ERY up 6% and I dumped it. Bad move, more later. AAPL down in the morning and I dumped it for a 1.75% gain. This was a good move [...]

• Comments

I was position and ready for this market to test the downside target, but right out of the gate the materials, dry bulk stocks, and other sectors were strong.
I made several trades today again and came out on top in my trading account. In my index account I got hit with the NDX for a [...]

• Comments

Bought:
SRS (already short URE), SMN, Short LIZ
Covered PAAS short
Short and covered NEM (panicked for no reason) I would be shorting GDX, NEM, and a bunch of other miners/gold stocks here.
I also bought SSO and UYG near the open but quickly dumped after the ISM report for very slight loss.
Sold:
CBI, CPST, DAR, CX all for double [...]

• Comments

One mistake I made was not staying in the index funds on December 31st. NDX was up huge today at 8.6%, SPX 6.2%, and RUT 2.4%. That would have been a nice sweetener on the end of a great two days.
I made a plethora of trades this morning.
I bought APWR big and then kept buying [...]

• Comments

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 [...]

• Comments

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 [...]

• Comments

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 [...]

• Comments

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 [...]

• Comments

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, [...]

• Comments

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 [...]

• Comments

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 [...]

• Comments

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.

• Comments

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 [...]

• Comments

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 [...]

• Comments