RUT gave us longs 7.36% with the UWM giving out even more @ 7.73%. The NDX gave us 5% while the QLD gave out 4.78%.
If you’re new to my site, I’ve been long since Friday.
Today I trimmed back my index longs in the mutual funds (because the timing I have to trade them is only [...]

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Worked:
Not being heavy long. I cut back on my index longs by about 80% yesterday at the close. That preserved most of the gains made over the last 3 days.
CREE - Popped nice today. It was a good move getting back in when CREE broke upwards. Up 7% on the fresh buy. Since this was [...]

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Being long. NDX had a huge move of nearly 4% and RUT put in 3%.
SEED - Its working. I bought more today.
ORCL - I took the gain. Wasn’t happy with the amount of gain, but a profit is a profit. The call was right! :D.
Everything on the SR watchlist is doing well.
I sold CDS this [...]

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In what could have been the easiest trade to make (my funds were tied up and unsettled) RIMM takes off afterhours on what I think are great earnings. No, better than great.
BTW have you seen how CCJ, IBKR, VLO, ACI, ORCL, MRO, JRCC, AMTD, etc…since the watchlist was created?

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Took a 10% gain in the ORCL calls. Very very pathetic action in those calls. The stock is up 6%+ alone and to get 10% in the options is just sad. I probably shouldn’t have dropped them, but I really hate how ORCL trades. It never moves big, and today its made its big move. [...]

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Being long the NDX and RUT. Gained a little bit more today in both. Tomorrow could be a big day though with ORCL having good earnings and NKE as well.
ORCL calls should be good tomorrow. I added it to the watchlist as an earnings play and that should play out well tomorrow. I own the [...]

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Staying long. I didn’t panic when we broke the 200dma’s on the indexes. No. Stayed strong and held on. 4% bounce today in the RUT and about 1% in the NDX.
ORCL is on my watchlist as an earnings play so I bought some ORCL Jan 22.5 calls near the close @ .50. There was very [...]

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Thats a big title for this post.
Seriously, todays action was, imo, a signal day. I agree with the Fast Money crew. If the market closes positive I can look to go long and if the market closes down or has some kind of big selloff that means we will get our “into October” slide. They [...]

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