Posts Tagged ‘uso’
Recap Of Gains and Losses Today Plus Charts
I was busy this morning and made a bunch of trades that I didn’t have time to tweet out. I had free time later in the day and was able to include tweeting with trades. I just want to put down in my global journal (here) what happened. 1. I had some gains in both …
Bought Some Stocks You Probably Want To Short
Bought some stocks today that most people probably want to short. Still long USO calls, UCO, SOL (smaller position now 50%), SOLR (sold some partially), SSN (half position), URZ. Sold AUGT for 38% gain and sold half SSN for 46% gains (I undertweeted the gain % I think, nobody cares anyways) and bought these shitty …
My Solar Trades Are Working Well, Now Oil Needs To Move
My solar trades initiated on Dec 31st 2010 are working very well. SOL is up 21% and 20.5% SOLR is up 18% SSN is up 11.5% UCO is essentially flat (bought on 12-21 tho) USO calls are down 43% so wish I did a call spread here AUGT (non oil/solar mobile stock is rocking) 57% …
Still Waiting, Oil Trade Pausing
I’m still in cash as far as trading the indexes go. I’m just waiting for a setup. That might come this Friday (maybe). I’m still long SOL, SOLR, SSN, AUGT, UCO, USO calls (Feb 40s), and SSN. I’m getting hit on USO calls and UCO at this point. The trading action has been rather wild …
Weekly RSI Negative Divergence On The RUT, I’m Long Regardless
Looking at my weekly charts I see a weekly RSI divergence which is fairly decent at forecasting a one week down move. Usually the pullback takes back the previous week’s range. After that the market usually runs back to new highs. Despite this, I stayed in cash with my index funds as I’m a little …
