It wasn’t a week ago that the dry shipping stocks got crushed and appeared to be breaking down to move even lower. However, this week, and mostly because of today’s price action, all of these stocks are moving higher in a large way.

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I’m likely putting on a short for the index funds eod. I’m short TWM right now @ 71.35.
Dry Shippers look great today for the start of a new upswing. DRYS and GNK look good.
*Don’t want to leave out TBSI and EXM.
AMZN looks like crap on the daily and weekly timeframes and good on 5minute time [...]

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Its 12am do you know where your stock list is?
Looks good now:
CELG, SNG, CNEH, GTE, BCON (this sucker did break 2.10!), RNN, GBN, TBSI (I’m long of now), DRYS, HYGS
Looks good on a little more up/high volume breakout:
RDC, RDS.A, TGB (on the copper movement)
Short trades (wait for a bounce in all):
AMZN, PCLN, BBY, there are [...]

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I got a bad fill @ hod of 38.76 on TBSI, but enough data has ticked on the charts that a bounce to 21dema minimum is likely @ 40.42. Possibly 50dema at 41.41. Could go beyond both of those MA’s, but those are first hits. Comparatively, DRYS, GNK, EXM, and the rest of the Dry [...]

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JOYG, CPST, DRYS, GU, EDEN, EWZ, DRQ, CAT, KOL.
Of these stocks which ones do I still own?
CPST (can’t complain about that).
EDEN (can’t complain about this one about to break out).
EWZ (bought it back yesterday, was too depressed to post yesterday about it after seeing DRYS bust 100).
So why I am upset about DRYS going above [...]

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What a new title? Something different? Yeh I’ll try it.
What Worked Today:
Going short this morning with the indexes. Made a little bit of scratch there.
QQQQ puts - Got in the May 48s saw 11%, well my computer did, I was working out when the price action hit, but managed to sneeze out 2%.
I think the [...]

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I’m in cash in my index trading account waiting for “red day.”
There is definitely a bull market trend happening and I want to be buyer of dips.
I see DRYS hit 91. Sold too early for sure.
I may be a call buyer in some of the names I I’ve been trading lately like XLF.

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Worked:
Nothing really.
Sucked:
Indexes took a beating. Gotta have patience and discipline here. Loss of 4% for RUT and 2.6% for NDX. That bites. This is where discipline comes into play. I’m expecting a move this week. Maybe it comes on AAPL’s back tomorrow or MSFT’s either way the move up THIS week will need to eclipse [...]

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Bought:
EDEN - The agriculture stock you haven’t heard of yet.
Back into CPST again. It went above 3 and held.
Stayed in my index longs.
Chart reader on Fast Money profiled DRYS as a potential swing trade. StockRake readers know how much I love the stock and have been riding the recent move to breakoutdom since last month. [...]

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Worked:
Being long the NDX and RUT for a 6% gain.
DRYS option calls good for 47% overnight.
CPST, JOYG, DAR, KOL all moved higher. These 4 are either at or above 52 week highs.
GILD had great earnings, but no AH action yet.
Sucked:
Not being heavily long in the indexes. To be fair it was very unclear to me [...]

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Sold:
DRYS calls @ 2.65 for a 47% gain overnight. I sold early, because this really is going to 80, but my indicators show very overbought, however, overbought is a sign of strength so its always a tug of what to do.
Dryshippers are going nuts today. EXM, TBSI, DRYS, GNK, DSX
Bought:
PBW - Clean energy wilderhill ETF. [...]

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Sucked:
Selling the index longs at a loss then the market closes up on a mild rally. RUT was actually strong.
Midday Update not being posted for some reason.
Worked:
DRYS calls. Up 11% since the buy this morning. I love DRYS above 70 and JOYG above 70 and lets talk about CAT again around 75-76 range.
DRQ - I’m [...]

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Sold:
Sold remaining index longs for a loss of about 3%. I chickened out this morning, but things are looking up right now. This includes QLD and UWM positions as well as my 2x mutual fund positions that I trimmed down on Friday. At this point in the day all markets are green and I wish [...]

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Long ideas:
Solars: STP, ESLR, DSTI, HOKU. As crude rises, solar should rock and roll.
ETFs: EEM, SSO, QLD - Long the market now and want to get more long.
Semis/Tech: WDC, KLAC, ONNN, TXN - Semis turning around here, there are more semis that haven’t been made that could run here.
Oil/Gas: DRQ (Which looks fookn outstanding here), [...]

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Worked:
Being short the RUT until the close. Banked 4% on that trade which was very nice. I swapped it to the long side today at the close though, heavily.
The NDX morning cashout was good for 1.5%ish gain.
DRYS - Took 2% gain while it was there early, before it dropped
Sucked:
All the different trades, JOYG, CPST, DAR, [...]

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