UVE - continued its drop today killing a once profitable position to minus 3.5% today. I cut the chain baby. I’m not sticking with stocks that won’t participate in a year end rally.
UA - I cut UA for a 20% loss. I didn’t want too, but it looks like its not going to move strongly [...]

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SPLS - Sold the options for 50% gain– less commish around 39-40%. The same options have jumped about 600% off the bottom though in 4-5 days.
UA - Under Armour is finding home at these levels. I have it on a buy. Up 3% today, down over 20% though in the trade.
RUT - The gain I [...]

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Markets are screaming higher today.
SPLS - Staples is up another 5.4% today based on Goldman Sachs upgrade raising them to the top of their retail buy list. Thats 22% in two trading days off the bottom. I hate being early.
SNDK - Breaking a downward trendline today and the buy signal went on a few days [...]

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Nothing worked today other than keeping a positive clear head and figuring out what my next trade is going to be. That is up. I’m playing the bounce and I think its going to be a big one.
I bought some AMTD calls today because I saw the E-Trade chart and know that SIC hedge funds [...]

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Being long the indexes. 2% pop in the NDX. Its the only index I’m long.
I’m worried about tomorrow though with GM’s afterhour 39 billion non-cash charge and what that might do to the market. However, CSCO is afterhours tomorrow and that can save the day/week. The bifurcation between financials and technology is amazing. I know [...]

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Bought some UA even after the pop today. I let this one go near the ipo and it was a mistake. I’m holding onto this one. I’m typing this in an Under Armour shirt. Retail sector sucks, but UA looks good.

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UA - I wish I saw that they were reporting tomorrow. I would have tried to play this. Signaling a buy. Pete Najarian mentioned tonight that the options were pricing in a move of 10% either way. There was no directional bias. However, the charts look like they are pointing to higher prices. 10% upside [...]

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