Restaurants, Homebuilders, and FRPT exploding upwards today with the general indexes.
I bought RT back this morning, FRPT I have already built a decent position in ahead of this breakout, and the homebuilders I profiled last week for you.
Picked up some SSO to added to my already overloaded longs as well.

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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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I’m addicted to this short. I put it back on. I’m looking for the market to close in the red tomorrow. Today shocked me a little bit, but my individual stocks have done ok in this up move.
I actually mentioned on the morning posts when I sold out of my short (which happened to be [...]

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Market is moving my way again - down. I added to shorts this morning in the index funds, bringing my “medium” position up to “heavy.” However, I did not purchase more ETF’s due to me being away from the computer playing Wii with my son. I do have the TWM position already from yesterday. I [...]

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This chart was posted yesterday after the big DAILY down move in the market.

This is how the same chart looks today.

Good call?
What sucked:
EJ not working I had to dump it for a 3.9%ish loss. ABAT which I thankfully got rid of yesterday for a loss as well around 5% or so.
What worked:
Amazing market [...]

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At the trading close I went long the Dow with 2x etf DDM. In @ 60.70
Today an oversold signal that I use showed up today for the Dow. I took a shot at a one day trade. When the Dow turns green either Monday or Tuesday (and should close in the green) I’ll unload and [...]

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There is some serious volatility happening due to quad witching. I’m getting burnt on the KWK posiiton which I just cut for a 5.3% loss. Two days of trying to trade it equaled two losses.
SRS also filling its recent gap down to 92, but I’m hanging on.
Short in the indexes and getting hit today on [...]

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Getting that upwards action I’ve been talking about for the last two weeks. Breaks of 720 in the RUT, breaks of 1400 SPX, DOW 13000 now. I’m long the indexes NDX and RUT and today is a big day or both and looks like there might be more up heading into the close. I may [...]

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Being long. I cashed out my index long today with a big loss for the week. Its in the neighborhood of +10%. I’m still up in the neighborhood of 20% for the year in my index trading accounts. Drawdowns suck no matter what, but when I take a look at where the major indexes are [...]

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Happy November!
Being long sucked. The market was relentless. The RUT was down 3.93% double it and its close to 8% loss for the 2x funds.  Nasdaq held up relatively well in comparison to every other index. SPX nosedived as well as the Dow. I have a feeling todays action is the real move, but just [...]

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I bought some Nov AXP 62.5 calls. The problem was I bought them like 2 minutes before the Fed announcement. So I bought in for 1.15 and they dropped to .65 soon after. I then reloaded and doubled up my position when AXP started moving higher. I got the second purchase at .80. I’m not [...]

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Nothing has changed yet. I’m not trying to rationalize my position, but go ahead and short if you want.
On the 20th anniversary of the 1987 crash “the market” tanks 2.6% The RUT was the worst with 3.18%. In 1987 they dropped 25%. Today is nothing. Don’t get excited thinking that the we are in [...]

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The 3% loss this morning hurts, but the market this morning is starting to look ugly. I don’t know if this is a 1987 crash teaser fake out or the real thing. Oh yeh the real thing never happens. So its probably a tease because today is options expiration; aka one of the most volatile [...]

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I didn’t mention it, but I cashed my SPX long from yesterday at this mornings pricing. Its looking like it was a good move right now as the SPX is 2 pts lower than the 10:45 open that Rydex uses to calculate its morning price. The Dow on the other hand is dropping like a [...]

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On the day before the biggest Federal Reserve meeting in a few years, the market went down. The Dow was not down to badly, but the RUT and NDX both took near 1% losses which was a 2% beating for me and my long positions. Normally the pattern is slightly bullish heading into the announcement, [...]

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