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 [...]

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Looking at CPKI, RT, RUTH, DRI in the restaurants. Throw so more names in the comments if you got em.
Retailers I’m watching KSS, BBY, and URBN looks amazing. URBN’s chart hasn’t been hit in this recessionary environment. The kids must love that shit.

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Although I often make fecal related references, this is not one of them. I’m serious. BX looks like it could have a movement. A movement upwards that is. Keep it on your dar.

You know what I hate? When I’m listening to music on itunes and I’m jamming out (I never use that phrase, but its [...]

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I ended going very lightly long this morning. At around 10:45 the NDX and RUT were down to 1854 and 715. Currently the NDX is up significantly from that level without the market looking like its going berserk to the upside. I’m not expecting any more serious upmove then whats happened already today. A high [...]

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I may or may not nibble on some longs. I’m having a slight change of heart only because yesterday was such a good day why ruin it with a forced trade right? Maybe wait till the close to be a buyer. I’m looking for a low range / high consolidation day today (open and close [...]

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As I sit here and watch another challenger fall into the water on Ninja Warrior, I’m thinking about two items I need to post.
1. I wrote this afternoon that, “I’m positioned heavy in the index long mutual funds and am loaded up on QLD and EWM.” I made a typo with EWM (thats the Malaysia [...]

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I decided at the close today how can I complain about getting more than 7% in the NDX/QLD and 5% in the RUT/UWM.
Not only that, but finally SNTS took off today. I’ve bitched about being on board PWAV and then not being in it RIGHT before the break. This time I didn’t jump off the [...]

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I laid out my trading plan last night and even last Friday. So far it was right on the money. Minor selloff into Fed meeting and now a rally post Fed. Ben Bernanke must be a fan of the Olympics because the market is rallying right into the torch ceremony. I kid. I joke. I [...]

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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 [...]

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Did we get a signal today that the US dollar is ready to rally? Commodities got slobber knocked. Steel, coal, shipping stocks, ag stocks, oil and oil stocks as well as alternative energy stocks, you NAME the stock it got crushed today. However, the financials held up.
Commodities go down, dollar goes up and with the [...]

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I was lightly long as documented on Friday going into this morning’s down draft. However, I bought it “HEAVILY” and so far I’m up on that trade. I also bought some UWM and QLD and more UWM later at a higher price.
I sold CBRX in a little bit of stupid panic that I should have [...]

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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 [...]

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Start the complain train, because PWAV finally made its move today without me on board. Hey it was a new technique I was testing, now I know I got to hold out for genius picks.
RTK, SNTS, PWAV, LLNW, VPHM (remember when I dumped VPHM like Fat Albert after eating a wet burrito? I’m such a [...]

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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 [...]

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Who gave you biotech way before the move started?
I didn’t get to make a post yesterday, for no other reason except fatigue. I’ve been tired lately, nothing to do with trading, just going to bed late and getting up early. I’ve been doing this for over 10 years, but for some reason its now affecting [...]

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