HAL (Halliburton Co.) wiped out a month's worth of gains on an insane amount of volume. However, it did not knock out any major resistance points and handles the 50 day MA quite well. Take a look at the tail the stock printed as the stock briefly dipped below the moving average. There seems to... Continue Reading →
I was stopped out of my 350 share position of HAL at $30.44 for a $388 loss (-3.7%).I sold 350 shares LEH at $72.71 for a $231 gain (.9%). The total gain for the 700 share position was $696 (+1.4%). I was hoping for a bigger gain, and decided to bail on the trade because... Continue Reading →
Not much has changed for me heading into this week. I still plan to short strength and cover weakness. Much of the market is looking oversold, so I won't initiate anymore shorts until I see a decent sized bounce.I am interested in watching for longs in energy, especially oil drillers and refiners. I still have... Continue Reading →
I bought 350 shares of HAL at $31.55.I bought 500 shares of QID at $56.64.See the last post for the rest of today's trades.