Category: Trade

  • Trade Alert: SPY, AMZN, NFLX and AAPL

    I’m finally ready to enter long. The market is very oversold with stochastics dipping under 10. I just entered SPY, AAPL, NFLX and AMZN. I will use tight stops and manage risk closely.

  • NFLX Trade

    I entered NFLX today at $186.11. Here is what I wrote to trade report members: My watchlist is rather small right now and there aren’t any good entries, so I’m going to take this opportunity to analyze a focus list stock that is not an easy sell as a long…

  • Today’s Trades: AAPL, DZZ, RIMM, SPY

    Here are charts of the trades I made today. Note that I consider the shorts are early “speculative” trades until there is a confirmation candle. SPY (short)–hitting the bottom of the $118-120 resistance range. Stochastic overbought at 89. Will add more close to $120. RIMM (long)–breaking ot of triangle after…

  • AAPL short

    I went short AAPL prior to the trendline break at $292 (see Trade Report). Looking to take profits in the $180-185 range:

  • Today’s Entry: GS

    I entered GS today. Nice triangle pattern formed post trend breakout. Nice volume within triangle as well.

  • Today’s Entries: NFLX and ADM

    I entered NFLX and ADM today. NFLX has pulled back to the 20 day ma, oversold, and is trending nicely. Could be a pivot level, though the risk is pullback continues to the 50 day ma.

  • Breakout-Pullback: VMW

    I entered VMW yesterday on a breakout-pullback setup. Note that stochastics are now oversold and price has moved back to the bottom of the breakout bar on declining volume.

  • Trade: BA

    I entered BA today post breakout from a triangle pattern. The stock seems to be forming a Tight Flag post breakout. I am also short IOC, SPY and RL

  • Today’s Entry: STP

    I entered STP today on weakness. The stock has shown strong strength in relation to the market, and shows a strong volulme pattern on the recent move up. My target is the September high.

  • Breakout-Pullback: MSTR

    MSTR has formed a classic breakout-pullback setup. The stock recently broke out on huge volume, and since has consolidated in an orderly fashion. I entered this trade around $84, which I posted in the Trade Report last week. My intitial target is $90, where I would take a partial profit.…

  • Anatomy of a Successful SPY Trade – Moving Average Oversold Bounce Setup

    This setup was given to Trade Report subscribers. SPY was marked as a “bounce trade” setup on Friday as it neared the 50 day moving average and became short term oversold using stochastics as the oversold indicator. I entered Monday morning on confirmation. The stop was set under the 50…

  • Trade Update

    Trade Update that I sent subscribers: I took profits and exited half my BIDU short at $380 (average entry $402.44). I was stopped out of ENER long position at $12.40 for a small loss. I took profits on the remaining shares of AIG long position at $46. One of my…

  • AIG and the Breakout-Pullback Setup

    Back on September 9th, when I posted about entering AIG, it has pulled back post breakout and showed a great accumulation pattern. Since then the stock has catapulted back up towards the recent highs. I entered at $37, took a partial exit and am still holding a positon near $52.…

  • Recent Trades: FUQI, DZZ, SPY, AMZN

    I made the following trades today, which were sent to subscribers intra-day: Shorts: FUQI, SPY, long DZZ (GLD short) Long Exit: AMZN (entry at $78, exit at $81.10) I’ll detail the setups tonight or tomorrow.

  • Charts: BRE and PALM

    I entered two trades today. PALM is a trend pullback setup and BRE is oversold bounce.

  • Trade Update: SPY and DIG

    As noted to trade report members yesterday I entered SPY at $91.61 and DIG at $28.33. The SPY trade is based on anticipation of a morning star candle formation completing. Small loss if stopped out. Potential for big gain. DIG anticipates oversold bounce on test of moving average.

  • Trade Update: AAPL

    I took partial profits in my AAPL trade today. I have moved my stop up to entry and am letting the rest “ride”.

  • Today’s Trade: PCX

    I entered 400 shares of PCX at an average price of $8.66.  My stop is around $7.40 and my initial target is $10.50.  This gives me a 2:1 reward to risk ratio.   As noted in the blog and report last night, the coal sector looks great and PCX shows…

  • Today’s Trades: SKF and SRS

    I used today’s strength to enter two bearish focus list stocks today, SKF (financials) and SRS (real estate). Both are inverse shorts. Note that strong volume pattern during the price consolidation range. There is still room to pullback, so I used small position size. 300 shares SKF at $44.11 400…

  • Trades: BKE and RL

    I used morning strength to short two stocks from last night’s focus list: BKE and RL. See charts from the last post to see setup.

  • SPY Adjustment

    I originally was looking to enter SPY short as close to $95 as possible, but today’s “bearish engulfing” pattern leads me to believe we will pullback before that level is reached. I took a partial position today in SDS at the close (inverse short).