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08 Aug
Posted by Sensei @ 11:15 am | categorized under: Leveraged ETFs, Leveraged Funds, Market Comments, Stock Comments, Trades
I went heavy long the leveraged index funds yesterday and I¡¯m out this morning with 4.6% in the RUT and 2.6% in the NDX. I also sold my QLD and UWM for around 1.5% and 2% respectively (because I was heavy long in those yesterday with the hit of yesterday they are not up as [...]
08 Aug
Posted by Sensei @ 10:20 am | categorized under: Market Comments, Stock Comments
These three things have one thing in common. They have no bearing on short term market direction.
Its all about the US dollar. You are starting to hear about it on blogs and TV. The market is moving higher because of it. You heard it from here on August 4th. So I¡¯m glad one of the [...]
08 Aug
Posted by Sensei @ 12:55 am | categorized under: Alternative Energy, Technical Analysis
Search RTK posts.
I bought UWM and QLD at the lows of the morning which puts the UWM down about 1.5% and QLD down less than .50%. I went into the ETFs heavily this morning, but not the funds which is where I trade the big bucks.
A couple of other things sucked too.
SNTS position went from being positive [...]
07 Aug
Posted by Sensei @ 12:31 pm | categorized under: Retail Stocks, Stock Comments
I¡¯ve been talking about retailers making a move in the last few days. TRLG is one of them. Plus its showing up on the same screen that was good for RTK, PWAV, SNTS, and LLNW.
I¡¯m going to go and tag all those TRLG posts so they are easier to find. Back then (3 years ago) [...]
07 Aug
Posted by Sensei @ 11:33 am | categorized under: Alternative Energy, Trades, coal stocks
I don¡¯t like the way its looking for RTK today. It appears people are fading its high gap today. I sold the rest @ 2.5 for a 33% gain on that piece.
I¡¯m in the middle of writing up a post on the restaurant stocks and RTK is cracking from its highs. Before I started I decided to sell half my position at 2.72 for a gain of 45%. Lucky move so far right at the top. I¡¯m letting the other half run for now, but if [...]
07 Aug
Posted by Sensei @ 10:08 am | categorized under: Biotech Stocks, Oil Stocks, Trades, coal stocks
RTK exploding today up another 11-12% bring my gain up to the 31% area on news that they have successfully created synthetic fuel. The chart was ¡°saying¡± something was coming. There might be a little squeeze in this one. It also might be a sell here on the pop. I want to watch it closely [...]
06 Aug
Posted by Sensei @ 3:44 pm | categorized under: Stock Lists
Looking at CPKI, RT, RUTH, DRI in the restaurants. Throw so more names in the comments if you got em.
Retailers I¡¯m watching KSS, BBY, and URBN looks amazing. URBN¡¯s chart hasn¡¯t been hit in this recessionary environment. The kids must love that shit.
06 Aug
Posted by Sensei @ 3:16 pm | categorized under: Financials, Stock Comments, Technical Analysis
Although I often make fecal related references, this is not one of them. I¡¯m serious. BX looks like it could have a movement. A movement upwards that is. Keep it on your dar.
You know what I hate? When I¡¯m listening to music on itunes and I¡¯m jamming out (I never use that phrase, but its [...]
06 Aug
Posted by Sensei @ 1:18 pm | categorized under: Technical Analysis, Trades
I ended going very lightly long this morning. At around 10:45 the NDX and RUT were down to 1854 and 715. Currently the NDX is up significantly from that level without the market looking like its going berserk to the upside. I¡¯m not expecting any more serious upmove then whats happened already today. A high [...]
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