Posts Tagged ‘stld’
Making Money In An Insane Tape
As the volatility picks up we get these large back and forth intraday moves. I took my heavy shorts to cash this morning. You can see via twitter here. Banking the beautiful 4% move in the RUT 2x, and > 2% in the NDX 2x. I sold my FAZ for 4%, TZA for 3-4%. Held …
Testing New Ideas
I’m testing some new ideas here. STLD is showing signs of weakness. On a bounce it looks like a short. I will likely play this though another way. This must put in at least a 1 day bounce before I get interested in shorting it. Which means long SMN. I’m also getting interested in SRS. …
Lost Money, But Some Positive Developments
First the bad: My trades today overall lost money. So out of the gate I’m into a bunch of stocks: BIIB, PRGN, FMD, BONT, JRJC, FCL, WNR, STLD, ATPG, XIDE, short QID, APWR. About 30minutes into the trading session and I’m up overall as FCL, WNR, BIIB, PRGN, and short QID start moving my way. …
Many Morning Buys
ATPG, BIIB, BONT, FCL, FMD, JRJC, PRGN, STLD, WNR, XIDE, GNK, APWR, TBSI, BRCM, STKL and likely going long the indexes with 873 SPX looking veddy nice. Warning: No guarantees I’ll be holding these in 2 minutes, so don’t buy them on this posting.
A List Of Stocks Based On Valuation Models That Are Cheap
At the time of this posting, these are a list of stocks that based on typical valuation models and technical analysis are cheap and oversold. These stocks are likely being priced in for the incoming global recession, but they might have priced them down too far. Most of these stocks have PEs under 3. However, …
