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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Market moving very well right now. Financials got a wee boost from NTRS and WFC today (if you don’t know those symbols look em up because its part of your job). Oil has cracked for the time being. The action I saw in the DUG yesterday was telling. However, I did not post about it [...]

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I was mostly in EWZ and had no index longs today despite the move up. EWZ, however, produced a nice result of 3.5%, but mostly in the range of 2% for my accounts. I dumped most of it today near the close, however, I do have a small amount left over that I wasn’t fast [...]

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If you’re a bear, you are going think this post is noise. If you’re bullish on the market right now, these charts are going to look like gems.
As you can see in the charts, the 21 day exponential moving average is shown as support in all of these charts.
Today was a great day where the [...]

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The money I threw into the index longs yesterday was removed this morning for a decent gain. When the 3:55 started rolling around, I went back in with the cash I took off the table from the morning trade. I’m back into the NDX and RUT heavily. I’m not expecting fireworks tomorrow, but next week [...]

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Went short with the indexes this morning and it was a rough way to get to the finish line.
Markets blasted up and by the morning price time window rolled around the NDX was already up .50%. That was good for me to take a shot. However, the markets rallied even more. The Dow more than [...]

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Everything was working today.
CPST broke out today on very big volume to another record 52 week high. If you’ve been reading SR since September of 2007 you know I like this stock.

The indexes had a great day today. 3.6% for the RUT and another 3.6%ish for the NDX. Nice.
My QQQQ calls which had their premium [...]

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OIL short is looking really nice and bought more EDEN today. A little fertilizer company I’ve mentioned before. Awesome product btw.
CPST also breaking upwards today to new 52 week highs. How much do I love this stock?
Sold DAR today. Love the company, but hate the way its acting today on a great upwards tape. I’ll [...]

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Just posting some trades I made right before the close.
Bought UWM and went short the USO by buying June 100 puts.
I’m looking for a severe pullback in Crude. In these type of trades I’m right immediately then I get giddy with the profits, take them and move on, however, they end up being really nice [...]

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All the oil stocks on my screens turned today. We’ll see how they perform tomorrow.
SUN, OXY, COP, RIG, XES, USO, VLO, etc. Basically anything in the sectors relating to oil, refining, gas, yada yada.

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