Bought UWM and QLD this morning with impunity. Up on both of those trades. I knew I had too much of a good thing when CALM hit 9%. Today it pulled back hard.
Things still look ok and I’m looking beyond this week’s trading action, not tomorrow or Friday.
I’m a little ticked though I missed the [...]

• Comments

This chart was posted yesterday after the big DAILY down move in the market.

This is how the same chart looks today.

Good call?
What sucked:
EJ not working I had to dump it for a 3.9%ish loss. ABAT which I thankfully got rid of yesterday for a loss as well around 5% or so.
What worked:
Amazing market [...]

• Comments

Search RTK posts.

• Comments

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 [...]

• 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) [...]

• Comments

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.

• Comments

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 [...]

• Comments

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 [...]

• Comments

I may or may not nibble on some longs. I’m having a slight change of heart only because yesterday was such a good day why ruin it with a forced trade right? Maybe wait till the close to be a buyer. I’m looking for a low range / high consolidation day today (open and close [...]

• Comments

Start the complain train, because PWAV finally made its move today without me on board. Hey it was a new technique I was testing, now I know I got to hold out for genius picks.
RTK, SNTS, PWAV, LLNW, VPHM (remember when I dumped VPHM like Fat Albert after eating a wet burrito? I’m such a [...]

• Comments

Bought QID and TWM.
RTK is having a little breakout today I’m taking the gains.
Looking for this entire move this morning NOT to hold and close in the red.

• Comments

Nailed 4% and 4.6% on my NDX and RUT positions, plus an additional 3.4%ish from the morning trade window over at Rydex - A very nice trade today. I also managed to buy TWM and QID this morning and took my gains in those ETF’s this afternoon a little early. Both TWM and QID did [...]

• Comments

Friday’s upmove was confusing to me. I’m starting to wonder a few things. The first is that my signals may have been off for 1 week since I was looking for a lower weekly close in the COMPX. What I was looking for was a relief of the oversold condition the market was in. We [...]

• Comments

A great day! 4.6% in the RUT or 4.3% in the TWM. If you don’t know, TWM is an ETF that gives you 2x inverse of the RUT daily close. I cutback my index short at the close significantly to protect profits. I went from being heavy or all in short to lightly short. I [...]

• Comments

I sold my RTK position for a 4% loss. Didn’t like the way it was acting. Plus using a new technique is making me more skittish than usual.

• Comments