Posts Tagged ‘fcx’
Leading Stocks Are Signaling A Pullback
Disclosure: I’m short. Rather heavy so read this post knowing my bias. I’ll be short for a very short period of time. The leading stocks of the September 2010 up move are leading the pullback. Stocks like NFLX, OPEN, ARUN, AMZN, PCLN, FCX, and many more are having dark cloud cover patterns. Hopefully a weekly …
Long CLF, WLT
I wanted to do more, but held back. I’m playing CLF with June calls and a WLT June call spread based on an oversold trade. Again these are trades. I’m mostly in cash and these are speculative, but high odds pattern trades. Materials/Energy is oversold and these are ideal bounce plays. I kept the index …
I Only Own One Stock
I got out of nearly everything today except for 1 stock and that not stock isn’t anything special. Running for the exits? Not exactly. Just taking gains in the index longs, cutting the mediocre things, things that sucked (USO, FCX in and out), and taking gains in the things that rocked (C calls, AIG, DIS …
Took Profits On Many Trades
Sold QLD (first trade was a 50% cut) @ 33.9 & 33.73 19%+ gains Sold SSO (first trade was a 50% cut) @ 30.8 & 30.11 19%+ gains I sold half of my YGE @ 4.91 for a gain of 12.8% gain from yesterday I’m pretty happy with where I bought CSIQ, YGE, CALM, WLT, …
What I Bought Today
I bought these today. Most of these names will be unfamiliar as I owned them recently, then sold em all with egregious losses, but the time to get back in was right. WLT FCX CSIQ YGE CALM VLO *I also bought GNK yesterday which I think I forgot to mention. GNK had a crazy day …
