http://www.stockrake.com

You know I post these price level charts for the SPX and when they crack certain levels they do so in a big way. Today they did that. One of the better downmoves in the last year or so and I took the full brunt of it. Loss of 10% in the NDX, SPX and …

Read More

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 …

Read More

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, …

Read More