Category: Uncategorized

  • Trade Report Members Using Comcast

    Again I am having problems getting emails out to trade report members using comcast. If you use a comcast email, please contact me with a different, non-comcast email. Remember you can use the archive to view all reports. That is the *primary* source for viewing the reports

  • Divergence in T2108

    It’s interesting that the T2108 is not at new lows while SSO and QLD have hit new lows. This tells us that there are more stocks above their 40 day moving averaged now, at new lows, than there were at the last higher low. This positive divergence leads me to…

  • Trade Update: SSO, FXI, ALK, LHCG

    Here are the trades I made yesterday, as noted in the intraday alert I sent Trade Report members: I made a few long entries earlier today. I decided to cut my position size from what I was originally planning. The lack of postive accumulation (volume) made it tough to make…

  • Quick Update

    I just made a few buys, but decided to reduce position size more than my original plan. More details soon.

  • Taking Partial Profits in FSLR Short

    I just took partial profits in FSLR at $159.66 (entry at $176.18) for a one day $1652 gain. I am still short 100 shares and have moved my stop to entry level. My next target is the $140-150 range. I will exit the rest of the positon if it reaches…

  • Wednesday Game Plan and Free Trade Report

    Some of my subscribers have had trouble receiving my reports, so I will be providing the Trade Report for everybody here on the site this week. I hope to have everything cleared up by the weekend. Until then, enjoy the reports. Here are this week’s reports, including the game plan…

  • Note to Subscribers

    A few subscribers have not received recent reports. I am looking into it and have more info tonight.

  • Overbought Market

    The market is short term overbought, so I took a stab at a few short positions. I noted FSLR in the trade report last night, and it gapped right into my entry level. I’ll have more details in the evening.

  • Trades

    I was stopped out of all of my positions earlier today. Currently we are hitting the lows of the day and I have re-entered DIG and SSO at better prices. These are very small positions. Low risk, high reward, with the expectatino of getting stopped out.

  • Imtiaz and Jeremy C

    Please confirm that you received an e-mail about the trade report and link to past reports. If you did not receive it, check your spam folder and contact me from a different e-mail or leave a comment after this post.

  • Trade Update: SSO and DIG

    I cleared out my entire SSO and DIG positions this morning.

  • Trade Entry: SSO

    I’m taking another stab at SSO, long 200 shares at $34.81. I noted both in the blog and the Trade Report that I would like to buy in the $35 range and my limit order was filled at the open. I have to admit I am a bit surprised that…

  • Trade Alert: Stopped Out

    Minutes ago I was stopped out of the SSO trade for a 200 loss.

  • Jim Cramer Comment

    Jim Cramer on Realmoney says: “We’re in a Worldwide Crash. I’m not buying, because prices are going even lower.” Hmmmm . . .could this be a contrary indicator?

  • Sector Snapshot

    Only 28 out of the 239 sectors Morningstar tracks were in positive territory over the past week. Out of those 28, only 7 were up over 1 percent. Here’s the list: Not many have good looking charts. Tobacco is showing nice underlying volume. Regional and Pacific banks also have decent…

  • USD Update

    If USD does not bounce from it’s current price, I’m going to close out my position. It’s already very close to my stop.

  • Bounce Play Round 2?

    Though I was stopped out of my bounce playes earlier today, I am going to enter a couple again in a few minutes. There are extremely oversold conditions in this sector.

  • Breakout-Pullback Candidate: ZLC

    I’m waiting for a pullback in ZLC. The stock broke out over resistance on heavy volume and is in the midst of carving out a post breakout trading range.

  • Monday’s Trade Report

    Below is the Trade Report I sent members on Monday. Many of the themes still apply, especially my focus on commodity short setups. http://docs.google.com/View?docid=d5z8q8w_153kmg679f4

  • Intuition, Risk Taking and Trading

    I had a discussion with a Trade Report member earlier today, who asked me about obsessions, compulsions and risk taking. He said his risk taking nature was hurting his trading results by getting him into trades he had not been charting, but had an intuitive “feeling” about. I am by…

  • Trade Review: UTHR

    As noted in my the setup post for the UTHR trade, I had placed my stop below the August 14th confirmation candle. I was stopped out today for a small loss. I highlight this trade because, frankly, it was not one of my better entries. Take a look at the…