• Thursday’s Watchlist

    My list hasn’t changed much from Wednesday, but I did add a few: GROW: pb to 28PRFT: pb 21-21-60MVIS: pb 4-4.10FWLT: pb 60 A new feature on the site is the “trade review”. I spend a lot of time detailing my entries. I think it’s time to focus more on…

  • Trade Review: HOC

    Before posting my review of the HOC trade, I’d like to answer a question posed to me after the latest “today’s trades” post. The question: You seem to hold on to positions for only a few days even though it may seem as though the position could move higher. why…

  • Today’s Trades: EWZ, FCEL, GES, HOC, SBGI, PDE

    I took profits from my 500 share position in HOC at $60.76 (entry at $57.94) for a $1410 gain (+4.9%). I sold shares of PDE at $31.73 (entry at $30.28) for a $725 gain (+4.8%). I sold 500 shares of SBGI at $16.18 (entry at $15.23) for a $475 gain…

  • Wednesday’s Watchlist

    Here is my primary watchlist for Wednesday: HOKU: coiled springTZOO: nice pullback after breakoutADBE: nice pullback after breakoutEWZ: breakout over $50, but volume could be betterNUAN: good entry nowGES: look for breakoutRVSN: nice pullback after breakoutIBN: at bottom supportIFS: NR7SON: wait for pullback to $39RIO: pb $37.50-38STLD: pb $41-42.25PAAS: NR7GG:…

  • Today’s Trades and A Question About how I Spotted PDE

    In reference to the PDE setup, Rahul asked “Indeed a good trade. Could you tell how it came on your radar.” Sure Rahul, Two weekends ago, I performed a sector screen, as I do every weekend. Energy was one of the stronger sectors that I identified, but I felt that…

  • PDE Trade: A Classic Pullback From Breakout Setup

    I traded a classic setup today, the good old pullback to support after a breakout. The elements that lead to entry include: 1. Price breaks out over an established resistance level. 2. Volume picks up on the way up, showing increased accumulation. 3. The stock pulls back to the old…

  • Trade and Watchlist

    I bought 300 shares of HES at $55.91I bought 500 shares of PDE at $30.28. I bought 300 shares of GES at $40.85.I bought 600 shares of FCEL at $7.88. I’ll post charts later today. Watchlist:HOKU: bpt $5.80-6.TZOO: $36-36.50ADBE: $41-42SMSI: pb 18GES: $42-43FCEL: nowROCM: pb $20PCLN: $52.50-53.50, target $56CCOI: nowLNG:…

  • Anatomy of a Possible Breakout Chart: EWZ

    Based on the annotations to this chart of EWZ, I would be a buyer on a high volume break of $50, or a low volume pullback to $$47. The key to this chart is not only the support and resistance levels, but the pickup in volume. This indicates institutional interest.…

  • Amazing Chart: SBGI

    I’ve been holding SBGI for about a week now. My original post was more focused on recent price action. However, if we back the chart up to the last 6 months, we will see one of the most beautiful looking charts one could ever hope to find. The stock started…

  • Today’s Trades: TZOO, HOKU

    I sold 500 shares of TZOO at $37.51 (entry at $36.47) for a $520 gain (+2.9%). I bought 500 shares of TZOO at $36.28. I like the pattern, but did not think today’s up move could sustain itself. It still seems to be staying within the breakout range. I also…

  • Today’s Trade: TZOO

    Boy, I wish I would have held on to SMSI a little longer. Hindsight’s twenty-twenty, but maybe I violated my “micro-managing” rule that I just posted yesterday. Still, it did make a nice profit, so I’ll try to let it go. The stock might become attractive again on a pullback…

  • Patience, Trading and Profitability

    I stumbled across this article on patience and trading via Trader Mike’s links. Although it may seem like basic stuff, it speaks about an issue that has been one of the toughest for me to master. The basic message is you must be patient with your entry points and give…

  • Today’s Trade: SMSI and TZOO

    I sold my remaining 500 share of SMSI at $17.98 (entry at for a $15.96) for a $1,010 gain (+12.6%). I entered on an NR7 pullback to the breakout point. My exit was timed at recent highs, although I do think this stock has the potential to breakout to new…

  • Watchlist Stock Notes

    Here are a few stocks I’m watching along with my notes for entry on each stock: OEH: pb 57-58.50TZOO: bp 36-37GES: pb 40-41ROCM: pb 19-20RIO: bo 38.10CF: pb 40VDSI: pb 17-17.50CCOI: bo 25TTWO: pb 22-23RVSN: 23-24IFS: pb 29ADBE: pb 42-42.25SMSI: nowCLF: pb 61-62STLD: pb 40-41 I am also watching 30…

  • Sector Spotlight: Energy – Part 1

    Energy stocks having been on fire. While it’s too early to tell, I suspect we may be in the midst of resuming a multi-year energy bull market. I certainly don’t want to miss the boat if this is true, so I skipped my usual Saturday nap (after playing tennis or…

  • Trades: SBGI, CELG, VDSI, SMSI, RIG

    Yesterday, I sold 500 VDSI at $18.24 for a $285 gain (+3.2%). I am still holding 500 shares. Yesterady, I sold 500 SMSI at $16.42 for a $230 gain (+2.9%). I am still holding 500 shares. Today, I sold CELG at $54.90 for an $830 gain (+3.0%). Yesterday, I bought…

  • Quicky Watchlist

    Here is my watchlist for Friday. All stocks are longs and most are breakouts for which I’m waiting pullbacks. TZOO, JOSB, GES, GMRK, ROCM, TESOF, CMG, DXPE, RIO, STLD, CF, VDSI, WFR, EWZ, TTEC, CECO, RTI, PRKR, QID, QLD, SBGI, DISCA,CCOI, TTWO, RVSN. I made a few trades today that…

  • Trades and Vanity Performance Stats

    I sold 1000 shares of QID at an average price of $53.86 (entry at $55.50) for a $1640 loss (-2.9%). I covered 200 shares of AAPL at $92.05 (short at $90.10) for a $395 loss (-2.1%). I covered 500 shares of STLD at $41.08 (short at $39.08) for a $1000…

  • Crazy Day!

    This is me in a nutshell today. Of course I would have one of my busiest days at work on the same day as the stinkin’ fed announcement! I made a bunch of trades that I will update tonight. If you guessed I was stopped out of QID, you are…

  • Chart: HAL

    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…

  • Trade Updates: QID, VLO, HAL, LEH, STLD, AAPL

    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…