• Today’s Trades: GMRK, EWZ and AAPL

    Yesterday, I sold 200 shares of AAPL at $108.25 (entry at $101.25) for a $1400 (+6.9%). I had moved my trailing stop when the stock hit $110. I have a feeling a long tail is going to print today, followed by another move up. I hope I didn’t sell too…

  • Watchlist

    Here are a few stocks added to the watchlist: PRGX, NTGR, GMRK, JADE, ZEUS and ZOLT. A common theme with all six of these stocks is that they are all under accumulation, as evidenced by positive trendlines, increased volume and strong obv.

  • Today’s Trades: DXPE, STLD and LFC

    I bought 500 shares of LFC at $50.09. This is purely a breakout play. I am not waiting for the pullback. My intital target is the late 2006 high at $56. I bought 500 shares of DXPE at $$47.40. This is a breakout-pullback play. My initial target is the recent…

  • Breakout-pullback Candidate: FRPT

    I’m looking to buy FRPT on a pullback to $25.

  • Chart: GRP

    GRP, an oil services/drilling play, has been on my secondary watchlist for quite some time. I was hoping for a bit more of a pullback on Thursday, but the stock recovered nicely on Friday, albeit on low volume. I won’t be trigger shy the next time I see a low…

  • Chart: CCJ

    Way back in December, I had highlighted CCJ as a Uranium play on a breakout over $42. While I missed out on that trade, I entered today at $50.10, as it recovered from yesterday’s dip. Anybody care to analyze this trade?

  • Watchlist

    I’m still sick as a dog, hence the lack of posts. I hope to update my trades this weekend. Here is my watchlist: CCJ, DXPE, BEAV, ISIL, NILE, ALGN, ONXX, CAKE, SPEC, ORB, IT, FST, DAVE, BLUD, MTOX, BBD, CROX, HNSN, ROC, NVEC, KNOL, APPB, NXST, OII, EMS, TSL.

  • Watchlist

    I’m under the weather today, so I won’t have any detailed posts or trade updates. Here is a list of stocks on my watchlist: AKS, STLD, ZOLT, DRI, HANS, DNDN, EDO, BEAV, DRYS, NILE, FSLR, MT, RIG, VLO, PDE

  • Trades, Watchlist and Earnings Observation

    I’m in a hurry today, so I’ll have to outline today’s trades tomorrow. In the meantime, here is my breakout-pullback candidate list. USU: pb-20-21RSH: pb 30EXM: pb 23-23.50CRY: pb 11AWC: pb 25.50DRSY: pb 35-36LXU: pb 17MCY: pb 56 NILE is moving after hours based on a well liked earnings report.…

  • Sector Analysis: Aerospace-Defense

    As I do every Sunday, I spent the evening researching over 200 market sectors in order to get a feel for where the “smart money” has been flowing over the past week. Aerospace and Defense caught my eye, though it is do for a pullback. Here are my nine favorite…

  • Breakout-Pullback Watchlist

    Here is a list of breakout pullback candidates. Note that these are not primary watchlist candidates yet. We want price to slowly pullback to the entry point on diminishing volume, which should take a few days. Some of these stocks have been trending up and are under accumulation, which is…

  • Chart: DXPE

    As stated in the “today’s trade” post, I took a position in DXPE. The stock is a nice breakout-pullback candidate, and also has been under heavy accumulation over the past month and a half. This leads me to believe the stock will find strong support at current levels and could…

  • Earnings Breakout Entry Question

    On Tuesday I posted a few earnings breakout plays. A backer of BWLD (Buffalo Wild Wings) gave me some heat for not entering pre-earnings, and asked why I take such a conservative approach to earnings plays. Here is my answer: While it’s great when you catch a BWLD earnings move,…

  • Today’s Trade: DXPE and TSL

    I bought 350 shares of DXPE at $47.55. This is a breakout-pullback play. The stock broke out and is pulling back on diminished volume. I will likely place a stop at $44, and my initial target is $52.50, making for a 3:5 risk to reward ratio. Note that I’ve been…

  • Today’s Trades: ZOLT, FUL, TSL

    As mentioned in comments yesterday, I sold: 250 shares of ZOLT at $31.80 (entry at $32.30) for a $125 loss (1.6%). 500 shares of FUL at $26.14 (entry at $27.22) for a $540 loss (4.1%). I am upset at myself over this trade because I did not pay attention to…

  • Tuesday’s Watchlist

    GROW: bullish engulfingJSDA: strong at supportSIGM: Short on pullback to gap pointADM: $39.75 breakout earnings playBWLD: $67.50 bo earnings playOII: $48.50 bo earnings playUPL: $58 bo earnings playUA: $51 bo earnings playVLO: pb to moving average

  • Today’s Trade: AAPL and ADM

    I bought 200 shares of AAPL at $100.25. I went over the chart on Friday. ADM (Archer Daniels Midland Co.) reports earnings tomorrow. I will likely place a buystop at $39.75-40.10, depending on how the stock looks at the close today. If the stock clears this level (which is an…

  • OT: George Vecsey’s Baseball: A History of America’s Favorite Game

    One of my New Year Resolutions was to read one book per week. This week, I read George Vecsey’s Baseball: A History of America’s Favorite Game. I would highly recommend this book to anybody who is a sports or baseball fan. While it’s not an in depth historical account of…

  • How would you play AAPL

    As most of you know (and if you don’t, and you are a trader, you are slacking) Apple broke out to knew highs on significant volume after earnings. The question now is, how do we play this brekaout? The stock was over $100 in after hours when it reported Wednesday…

  • Answering Questions About Part-Time Trading

    First of all, I would like to let you know that I enjoy your “Market Speculator” blog and find it very educational. After reading many of your posts, I noticed that you prefer not to micromanage your trades and sometimes only check the market a few times a session because…

  • Today’s Trade: JSDA and VDSI

    I sold 500 shares of VDSI at $20.65 (entry at $17.63) for a $1510 gain (+17.2%). Check out my reasoning for entry here. It was the perfect accumulation and pullback to support play. I was stopped out of my 400 share position in JSDA at $24.85 (entry at $26.41) for…