Category: CAL

  • Trades: USO, RIO and EWZ

    I had internet problems yesterday and was not able to post the following trades: I sold 400 shares of RIO at $34.25 (entry at $32.25) for an $800 gain (+6.2%). I sold 500 shares of EWZ at $48.00 (entry at $46.10) for a $950 gain (+4.1%). I sold 500 shares…

  • Today’s Trades: CAL and USO

    I re-entered a 500 share short position in CAL at $41.60. This is an aggressive play, as the stock has not yet broke the forming head and shoulders pattern. I also bought 500 shares of USO at $46.80. My target is $50, which is just under the 50 day moving…

  • Trade Update: CAL

    I was stopped out of CAL for no gain or loss (minus commission cost, which I don’t factor on the site). I still think many of the airline stocks are setting up for a a fall, but it looks like they are going to bounce a bit before they do.…