Friday Trades
02/18/2011 1:31 pm Leave a comment
Explain markets. Share trades. Track them.
01/12/2011 12:04 pm Leave a comment
Wednesday: Focus on protecting profits more than making them.
IN
FRX – FEB 11 32.5 CALLS
TUP – FEB 11 50 CALLS
OUT
UUP: +0.08
INTC: +0.24
INTC: -0.01
RCI: -0.57
01/07/2011 1:06 pm Leave a comment
Friday
IN
INTC – Added.
FMX – FEB-11 60
OUT
S: +.05
MU: +.09
Scalp
SDS: -.07
01/05/2011 1:03 pm Leave a comment
Wednesday: Take profits quickly.
IN
INTC – Added Feb-11 CALLS
RCI – Added to short
OUT
LFC: +0.25
UUP: +0.12
BIDU: +0.23
CME: +0.60
Watching: CTXS, DB, FMX, FRX, LVS, NRG, OC, PRGO
01/04/2011 1:37 pm Leave a comment
Tuesday
IN
RCI – Short position added to portfolio on market weakness.
CME – Short position added to portfolio on market weakness.
BIDU – Good relative strength.
UUP – Good levels. Hedge.
LFC
INTC – Good strength back in INTC.
OUT
ISRG: +.20
EMC: -.09
Watching CTXS, INTC, LLL, WLP, and FRX.
01/03/2011 1:10 pm Leave a comment
Monday: When stocks run early intraday it is usually followed by a selloff. It is easy to miss the run and catch the top so it is better to wait for better entries.
IN
CTXS – Scalp attempt but cut losses at major selloff.
EK
EMC
ISRG
MU – Entered in morning as dictated in HPS watchlist.
S – Entered today on predicted move from HPS watchlist.
OUT
INTC – Relative weakness. SPX +14 while INTC -.11. Moving capital elsewhere. Will look to reenter in 2 days (2 day resolution).
CTXS – Took loss on scalp attempt. Will look to reenter in 2 days (2 day resolution).
Could not act fast enough on WLP.
01/02/2011 8:42 pm 1 Comment
INTC
Started position on 1/31/10 and am looking to add if there is no breakdown. The stochastics are turning up and the underlying has been resting on the upward TL for 6 days. It’s holding the 50 ema with strength as well.
LLL
Will look for an entry when the stochastics pull back more. Probably Wednesday.
MU
I am anticipating a continued move this week. Looking to enter this in the morning on Monday.
S
This is a common breakout pattern called a falling wedge. I have found that sometimes it takes a while to play out but when it does, the move can be explosive.
WLP
This is another stock that will have an entry midweek although a small scale in on Monday or Tuesday would be a good idea.