Busy day of new swing trades. I’ve got four positions working for me, the last two of which were added this afternoon, and that puts me at about 30% of committed capital. With tomorrow being the beginning of the new month,...
Read MoreThe market has given back a lot of those early gains, and now poses a strong possibility of even going red on the day. Remember though too, that tomorrow is the first trading day of the month, and 5 out of the last 6 of those,...
Read MoreMarket is off to a nice start, but not showing nearly as much gusto as we saw on Friday. I’ve added two new positions to the portfolio, but I’m not so sure I’ll be adding any additional positions until this...
Read MoreCurrent Long Positions (stop-losses in parentheses): BGCP (8.69), NFLX (205.35), SRZ (8.73), TSL (28.55) Current Short Positions (stop-losses in parentheses): None BIAS: 100% Cash Economic Reports Due Out (Times are EST):...
Read MoreLONG: Oasis Petroleum (OAS) at $32.71 Read more…
Read MoreBusy morning for me so far. Sold SRZ for a nice 8% gain, while cutting short a couple of trades – Trina Solar (TSL) which is feeling the weight of a bad report from FSLR, while NFLX just refuses to bounce with the rest of...
Read MoreCurrent Long Positions (stop-losses in parentheses): BGCP (8.69), NFLX (205.35), SRZ (8.73), TSL (28.55) Current Short Positions (stop-losses in parentheses): None BIAS: 25% Long Economic Reports Due Out (Times are EST): GDP...
Read MoreAnother trade for you to munch on with Trina Solar (TSL) at $30.24. I’m expecting that over the course of the next couple of days, that we’ll see at the very least a mild bounce in these markets. For one, the bulls...
Read MoreAlready a trade for me this morning right out of the hatch, as New Gold (NGD) broke out of its ascending triangle a few minutes after the market opened. I’m never a fan of buying stocks right at the open, but when you do...
Read MoreCurrent Long Positions (stop-losses in parentheses): None Current Short Positions (stop-losses in parentheses): None BIAS: 100% Cash Economic Reports Due Out (Times are EST): Durable Goods Orders (8:30am), Jobless Claims...
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