Indexes rallied today giving me 2.6% in the RUT and 1.5% in the NDX. That was nice, but we really haven’t made much progress to the upside yet. I say yet, because its possible that is coming in the next few weeks. Or I’m incorrect and I’ll eat my words.
During these past two weeks of [...]

• 0 Comments

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 [...]

• 0 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 [...]

• 0 Comments

On June 19th James Swiatek questioned my sell in CPST. A stock I caught the whole way up made a lot of money off of it and then abruptly got out of it, never to return since. You haven’t seen me mention CPST or DAR two stocks I loved. Other than my brief shorting attempt [...]

• 0 Comments

I moved some money to an index long position. Its a very very lite position.
I’ve already bitched about PWAV breaking out and how I called it and traded it, but didn’t stay in long enough for it to materialize. So this time I’m going to post about some other stocks that may breakout or continue [...]

• 0 Comments

Today was boring. A big drop on the open followed by a big rally, then a late day big drop. Feeling exhausted yet? I didn’t do anything as far as the indexes went, but I did buy a few stocks. Next week the Federal Reserve will say their piece. To me it looks like the [...]

• 0 Comments

Huge drop today yielded one of the better days of the year for myself and other shorts. Many trades worked really well today. However, I would point out one poor decision of cutting my index shorts this morning because the market dropped lower and closed on its lows. One could say that I shouldn’t complain [...]

• 0 Comments

As usual one of the stocks I’ve been stalking/owned breaks out today. I’ve been in and out of ABAT over the last month or so and before my patience gives in or another stock grabs my attention first like DAR or CPST and I let it go. Well today we get the break I was [...]

• 0 Comments

Being long the indexes. I’m glad the bounce happened because I was getting worried there for a minute. Not to say we couldn’t pullback next week more, but it looked like we may have bottomed for the year….possibly….I hope. COMPX tested the breakout level I mentioned the other when I posted that chart. The trade [...]

• 5 Comments

Being long the indexes. Nailed close to 3% today. Overall today was a big day.
CEDC - I loaded up on call options yesterday and the day before. I sold today with nice gains, however, eventually CEDC got to my target price and then went even higher. CEDC closed up over 5% and went as high [...]

• 0 Comments

Being Long? Although the indexes closed slightly down, but mostly flat, I did exit out of my QQQQ calls for a hefty profit. This has offset the (currently) 41% loss in my MRVL August 17.5 calls. MRVL better start moving. I’m guessing I have to wait till next when the guts of the iPhone are [...]

• 0 Comments

Being long. Making a little bit more today as some indexes extended their moves. The NDX and R2K were stronger today as the Dow and SPX take breathers from the recent leading position. I’m still long looking for the week to close out strong.
DEPO - Down a little bit today.
NEXM - Up a little today.
JMBA [...]

• 0 Comments

ONT - Made a killing in this stock since 5-11. Now 5 trading days later. First hit was for 50% and the other was a 32% gain.

Original buy posting, first sale, second sale.
NEXM - A nice 10% move was good for me. I think the stock is going higher, so I want to buy back [...]

• 0 Comments

Being Long. I sold out of index funds this morning for a 1% gain. I forgot to post that.
ZL - Moving higher. Chart getting better.
BUF - Closed higher today.
CHTR - 7% gain on the day. My options actually could have been sold for 100% today, but I decided to hang on. Again in hindsight I [...]

• 0 Comments

I sold EXTR today and bought CBRX. I wasn’t particularly comfortable with the buy to begin with and I commented on that yesterday.
I also sold ADM today and replaced it with ONNN. I took an 8.8% gain on ADM. I want to get back in on a pullback. I think the whole Ethanol/Solar stocks are [...]

• 0 Comments