With the market toast its time to find new plays. Forget the old stocks I don’t care what they do. I want to grab the next trenders. The old soldiers have been shot and they are going to take time to heal. I gotta find those next monster trades as demonstrated in this post.
QCOR was [...]

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I’m looking for pops and I decided to free up cash by moving to something that may move. I bought LTS. Now HOGS is moving, that might have been a mistake. Who knows? Both SNTS and HOGS had no reason for the sell other than me looking to get some instant gratification which is why [...]

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It may bite me in the ass, but I’m waiting to get long. Till Friday to see if either tomorrow or Friday provides a down day that will make my shorts profitable. I’m bullish intermediate term, so I’m playing a high risk, arguably, low reward trade here. However, I still have confidence that it will [...]

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It wasn’t a good trade, but it was a nice profit. EFU is breaking out and I sold into the breakout like a shmuck. I think its going a lot higher, but I have the patience of a hamster on viagra. I may buy it back. However, I’m still holding my watchlist picks of HOGS, [...]

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I’ve been saying it for days now, that I want to buy weakness in the market for a long trade and therefore I went short with expectations of weakness to happen. That started to happen today. The RUT finished down .81% or 1.6% if your a double head. The NDX finished flat - booo.
Things that [...]

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I added to my positions in SNTS and HOGS.

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Well the indexes continued to move higher and significantly so today for my two favorites - the NDX and RUT. 1.5% for NDX and 4.5% for the RUT. The RUT / small caps continue to exhibit strength over other indexes. I didn’t participate in it though today because I thought we might selloff. Wrong.
The things [...]

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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 [...]

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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 [...]

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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 [...]

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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 [...]

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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) [...]

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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 [...]

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I decided at the close today how can I complain about getting more than 7% in the NDX/QLD and 5% in the RUT/UWM.
Not only that, but finally SNTS took off today. I’ve bitched about being on board PWAV and then not being in it RIGHT before the break. This time I didn’t jump off the [...]

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I laid out my trading plan last night and even last Friday. So far it was right on the money. Minor selloff into Fed meeting and now a rally post Fed. Ben Bernanke must be a fan of the Olympics because the market is rallying right into the torch ceremony. I kid. I joke. I [...]

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