12-13-11

sold SIMO 18.99 -1.18, will stay on my watchlist

12-9-11

Long some SIMO 20.18 (small)
its been holding up nicely compared to the general market and I'll be looking to add on any dips

111-28-11

Have a feeling the institutions used this rally as a selling opportunity.  PNRA, QCOR, BIIB are on my watchlist. AMZN and AAPL still remain to be on the short watchlist.

11-24-11

Happy Thanksgiving

daytrading environment, probably best to take a vacation.  This market is not healthy.  Very few stock holding up (OKS, ATLS, SBH, SWI, BIIB) 

Better to look at what could happen (as posted a few times already).  Target being 60ish.

11-20-11

Watchlist Longs:
GCO, GWR, UNP, PII, PNRA, BIIB, ATLS, OKS

Watchlist Shorts:
AMZN, AAPL

11-17-11

Cash!

Stopped:
QCOR 41.92
ISRG 423.93
SBH 19.75
GOOG 604.85

11-16-11

stopped UA @ 81

11-15-11

If we can get above the 200 day moving average, I think we can get to 135ish on the SPY.  In my opinion, market remains in question, but trading on the long side.

Tighened stop on SBH
Long UA 83.40

11-9-11

stopped EVEP 72.50

11-8-11

Long:

GOOG - 611.54
SBH 20.12
QCOR 42.66
ISRG 440.89
EVEP 76.5

10-31-11

stopped AZO 323.70

Patience. 

Several stocks in aerospace, drugs, transportation, and specialty retail are setting up.  they just need a couple more weeks if the market cooperates.

10-26-11

Would like to see stocks like BJRI, PEET, TSCO (to name a few) base for a couple weeks.  I think we might be seeing some progress in the markets.

10-24-11

long AZO 330.25

10-19-11

stopped on BAC 6.45

will look to re-enter above 6.5

10-18-11

long some BAC 6.5

10-17-11

stopped:

IBM 187
QCOR 33

10-14-11

Long:
IBM 189.32 earnings Monday after close, will reduce position or sell all before the close
QCOR 34

10-12-11

stopped PCLN 490

10-11-11

long PCLN 491.24 (small)

10-4-11

Dow up 153pts with impressive volume. big woop.
Opinion is that we will continue to bounce a little - sucker everyone in and sell off again.  But my opinion doesn't matter - we may just rally.

Time will tell.  Great daytrading opportunities - just look at AAPL today off 200 day and two areas of support at 354.

9-28-11

awful choppy out there

9-22-11

stopped:
AAPL 401.05 +2%
PSMT last of holdings at 69 +16%

Cash

9-20-11

long PCLN 550
sold PCLN 540 -2%

RGLD looks nice

9-19-11

Sold 1/3 AAPL at 410 +4%

9-15-11

long AAPL 392.35

9-13-11

stopped WTW 58 -2%
still holding 1/3 PSMT - new highs today

9-12-11

Short WTW 55.95

9-11-11

Liking the short side here as I think they will continue until the qtr. ends.  But who knows...  Keep your risk in check and you be all set.


LONG IDEAS: CF, FAZ, GMCR, GOLD

SHORT IDEAS: IL OPEN, TZOO WTW

9-1-11

Sold 2/3 (at 65.39) of PSMT +10.4%/+6

8-29-11

back in -  long PSMT 59.25

8-26-11

stopped PSMT -2%, still looks good just obeying risk/reward rules

8-24-11

long PSMT 58.70ish

8-17-11

BROKEN - would expect one more flush

MCD holding up

8-9-11

Chop Chop

Looking at relative strengh - potentials:
PSMT, AH, PEET, PCLN, NUS, GMCR

Throw MCD in there too.

no positions- CASH

8/6/2011

As I've been stating: remain patient.  This is a daytrading environment.  The breakdown that we have witnessed will take some time to fix itself.  Honestly, you could probably take a vacation for a month. My opinion is that we will rally one last time before we correct. Nice head and shoulder pattern on monthly chart - Ouch if it fulfills itself.  We are at a critical point.  

07-27-11

Stopped MA 308

7-22-11

Long MA at 314

7-21-11

Did not like the action today.
One can say why not, the dow was up 152pts.  This doesn't mean we should buy.  If you watch the leaders  they did not move with the rest of the market.  Could institutions be unloading? We shall see.


Covered WYNN 164
Sold CXO 97

CASH.

7-20-11

covered 1/3 of WYNN 162.33
long CXO 96.94
sold TSCO before earnings

7-19-11

Sold all of AAPL before earnings +22 / +6%
Long UA 80.34
Short WYNN 164.73

Looking to add to both if opportunity presents itself

7-18-11

AAPL working nice (traded intraday for +5), kept some and will probably sell everything before earnings
sold rest of FTNT at 26.57 +3.2% before earnings tmrw
Best Bets if market cooperates: UA and CRM
Watching: LULU, TZOO, CLF, FCX, CF, CVLT, TIF, BIDU, BHI, GPOR, MIND, COO, CXO, PSMT for longs
OPEN, WYNN for shorts

7-14-11

Remain patient.  Still holding AAPL, TSCO, and FTNT.  Will post some charts over the weekend that I think have potential.

NFLX daytrade below  May need to turn volume up.

7-12-11

covered LULU at 60.
long AAPL 254 sold 3/4 intraday (+1) - as I think this wk. will be range bound.

07-11-11

short LULU 119.75 covered some intraday, will look to short more at higher prices if market cooperates

7/11/11

sold another 1/5 of FTNT at 27.69 on 7/6/11 +7.5%

07-05-11

sold half TSCO 69.11 appox. +6%/

6/29/11

Sold another 1/5 of FTNT +5%

6/28/11

stopped on GOOG yesterday at 480 -2%

today sold 1/5 of FTNT +.60
still holding TSCO

6/26/11

Long FTNT 25.74
Short GOOG 473.43

Have a feeling I will get stopped on both.
Patience is the name of the game.

Watching FAZ

6/22/11

long TSCO 65.31 (small) - nothing telling me to be proactive in the market.  Doing more watching than anything right now.

6/15/11

stopped CF 151.

Per IBD bulls at 37%, bears 26%. From a sentiment point of view, need more bears.  Perhaps a flush is coming then we can see some buying

6/14/11

long CF 154.29 (small)
eyeing CRM

6/8/11

stopped QCOM at 56

CASH !

be patient, according to IBD bull sentiment at 40% bear 22%, when market began uptrend on Sept 1 bull sentiment 29% bear 37% - just saying.  Regardless, let the market set up no need to waste money just to trade.   In my opinion, to late to short at point there will be a short cover rally.

6/7/11

Best to stay in cash.
http://www.chartarcade.com/ - develop your chart reading abilities

6/6/11

stopped NFLX 266.87 -6 / -2%
JOYG may be worth eyeing

6/3/11

added to NFLX at 273.85

stats on 5wk losing streak:
http://www.bespokeinvest.com/thinkbig/2011/6/3/5-week-losing-streak.html

6/2/11

Stopped:
AAPL 344.8 -6.21 / -1.7%
WYNN 144.57 -4.94 / -3.3%

Shaking the longs and shorts, best to remain patient as I've been saying for the past month.
Corrections are good!

6/1/11

Long (small):
AAPL 351.24
NFLX 272.80
WYNN 149.71
Reason:  nice volume yesterday, but completely reversed today after I went long.  NFLX still looks good, but tomorrow will probably have to sell obeying stops.

Stopped:
GMCR 80
VMW 95.91

5/31/11

long QCOM 58.55
Haven't done too much research yet, but first thing I noticed is the volume that came into AAPL today - interesting

5/26/11

sold half GMCR +4%
VMW working

5/25/11

Long VMW 97.15

5/24/11

While I believe the market will go up, the action is not good. Need to see confirming price action first.

Long NFLX 250.68 sold 250
Long GMCR 79.23

Tight stops

5/22/11

 

ALTR another good looking setup

5/17/11

Set a stop on GOOG earlier this morning.  Had some buying in first half hour in GOOG.  It seems (NOT always) that which ever way the market starts out at 10-10:30 we reverse.  We started higher, but never reversed.  I wanted something out of this trade so sold half at 521.23 +2.77 and stopped on rest at breakeven.  Typically, we don't break to new lows on first test.  See chart.

5/16/11

Short GOOG at 523.86, stop at 523.86, would give it a little room but not going to tolerate a choppy market.
Entered slightly late.

Sunday 5/15/11

Choppy action, which is normal in the third year of a bull market (or so they say) - a daytrading environment.  Not too much attracting my attention long or short.  Good time to see what is relatively strong compared to rest of market. 
Really like NFLX here for swing trade long.
Eyeing Longs: CACI, MMS, ILMN, RL, PII
Eyeing Shorts: GOOG, INFY

Activity for 5/11/11

No reason to get involved.
Potential Shorts: WMS, CCJ, THG, SNX, KUB, STRA, SFG, RIMM (not ready, need a bounce first)
FCFS and ITW holding up.

Activity for 5/10/11

Staying patient.  Here are some charts I'm watching. 

Activity for 5/9/11

Pretty much CASH.

Ideas 5/8/11

Watching for longs:
AAPL, AMZN, COH, WAT, AET, EL, EW, SLGN, SLG, MSM  - some may take another week or two to set up

Activity for 5/6/11

stopped INFY -1.13 / -2%
As I have seen saying in previous posts, remain patient and stay cautious.  The market is in choppy phase.  Let it correct.  Wait for the institutions to tell you to enter.

Activity for 5/5/11

stopped WTW 74.50 +7.57 / +11.3%

Activity for 5/4/11

stopped UNP 101 +1.78 / +2%
stopeed RES 23.50 -2.96 / -1%1 (last half)
stopeed FARO 40.80 breakeven (-.20)

I can't trade AAPL, but I'm eyeing it, showing relative strength compared to market.

Activity for 5/3/11

stopped MELI breakeven
stopped CAVM 46.90 -1.2 / -2.4%
sold ALEX 51.97 before earning -.96 / -2%
stopped LXU -2.3 / -6% (last half)
stopped RLD -1.25 / -2.4%
stopped ANF breakeven
short INFY 63.88

Activity for 4/26/11

stopped AG on gap down -4.45 / -19% / -1.12 / -5% (2 holdings)
sold RAX in front of earning +1.75 / 4%
daytrade AMZN long 199.49 to 200.25 +.76, long 201.22 - 202.10 sold 3/4 +.88, sold last 1/4 at 201.88 +.66

Activity for 4/29/11

sold 1/2 RAX 46 +1.75 / +4%
stopped remainder RHB 37.10 breakeven
sold 1/2 FARO +1.86 / +4.5%
sold remainder WFMI -3.22 / -4.8%
sold 1/2 UNP +3.83 / +3.8%
sold 1/2 ANF breakeven
added to IL 31.81 reports 5/5

Activity for 4/28/11

Stopped on majority of WFMI 63.24 - 2.76 / -4%

Activity for 4/26/11

sold LUFK -5.95 / -6% gave it too much room
sold 1/2 RHB (from 3/30/11) +1.92 / +5.1%
sold rest of SFLY (before earnings) +2.82 / +5%
stopped 1/2 RES -1.21 / -4.6%
stopped 1/2 LXU -.64 / -1%

no new positions

Activity for 4/26/11

Sold 1/2 SFLY at 55.03 +2 / +4%
Sold 1/2 OPEN at 117.38 +4 / +4.1%
Stopped rest of OPEN breakeven
Long UNP at 99.05
Long ANF at 70.68
Long ALEX at 52.93
Added AG at 20.64

Activity for 4/25/11

Sold 1/2 of NFLX on pop in morning at 253.71 +4.48 / +2%
Stopped rest of NFLX at 249.40 +.17
Sold WAB at 68.62 breakeven
Stopped on ATK short at 69.23 -1.37 / -2%
Long RLD at 30.61
Long AG at 23.80
Long FARO at 41.10

Very much long, but when the music stops do you have a chair to sit in.  Cautious here - doesn't mean I'm going to sell everything tomorrow, but...  Letting the market tell me what to do.  But it does feel like we are climbing a wall of worry.  

Watchlist for week April 25

Longs: RL PEET, NXPI, ALEX, JOSB, FARO, AG, KAMN, PRGO, IMAX, ANF, INFA, CHSI, BKE, HP, RHT
Shorts: TM, CHL, SCHL, CP, RIMM, SNX, NOC
Some of these names have earnings this week.

Recap for 4/18/11 to 4/21/11

http://www.youtube.com/watch?v=ixsguNUM1t4

April 21, 2011

Sold 1/2 MELI at 89.97 +3 / 3%
Long IL 31.63
Long WFMI 66
Long RES 26.46
Long NFLX 249.23
Long OPEN 112.69
Long LXU 40.14

April 20, 2011

Liked the action today - now lets see if it holds. Stocks on the radar:
RES, WFMI, TSU, ARW, IL (stopped earlier in the wk. and popped today - for me too late, but may enter), OPEN, NFLX, AG, LXU, APKT - earnings on some of these are next week.

Stopped GES 39.15 -.73 / -2%
Long RAX 44.25
Long LUFK 95.95

April 19, 2011

Stopped BIG breakeven (+.16)
Shorted ATK at 67.86
Long WAB at 68.63

April 18, 2011

Stopped INFA at 51.51 -3%
Short GES at 38.42
Long MELI 87

Cautious here.  Start keeping a list of what holds up. 

Eye Candy for the coming week

Longs: WAB, NTES, YZC, AG, LXU, SOHU, RAX, MELI, RL, UNP, CLRO, DECK, ALEX, APKT, ROYL, PEET
Shorts: GES

April 15, 2011

Stopped QCOM at 53.25 -1.39 / -3%

April 14, 2011

Stopped IL at 27.6 -1.83 / -6.2% - still like and will probably jump back in, gave it a little more room than I wanted


Watching NTES, BJRI, LULU, SOHU, SFLY DECK for longs, but again being patient - wait for the setups to come - don't force it.

April 13, 2011

Stopped on $FFIV -4 / -4%
Long INFA at 53.18
Long IL at 29.43

Not overly excited about the action - remaining patient

April 12, 2011

Stopped on :
CHK at 32.39 -1.74 / -5%
OTEX at 60.59 +1.09 / +1.83%  (last half)
ROK at 91.39 +2.19 / +2.46% (last half)

Shorted:
FFIV at 92.67
QCOM  at 51.86

I remain cautious

April 11, 2011

Sitting tight
Stopped on SLW -1.18 / -2.61%

Stocks I'll be watching for the coming week 4/11-4/15

Energy seems to be setting up

For Longs: PEET, N, RAX, EL, IL, APC, APA, NFLX, UNP, CXO, PXD, ARLP, ROYL, SSN, CLB, WLL, SFLY
For Shorts: HIT, CCJ, SHAW, GES, NKE, CP, SNX, SCHL, HOT, H, FFIV, VSAT, ATNI, COH, CTL, GOOG, QCOM

Stopped on MWIV -.78 / -1%

April 7, 2011 Activity

Stopped HOC at 60.60 - breakeven on last half.
Again, sitting tight for the time being.  Stocks attracting my eye, but probably need time to base, include RAX, CIR, SFLY.  EL looks good.

April 6, 2011 Activity

Stopped on IHS -2.23 / -3.33%
Stopped on RL -2.22 / -2.47%
Stopped on PNRA (last half) +.31 / +.25%

Sitting tight and monitoring positons.  Watching RAX and MA.

April 5, 2011 Ideas

These are ideas that I think will need another week to set up, but if they show volume breaking past their highs I would think about buying.
RAX, SFLY, CXO, APA,

Currently have 12 positions working long.  I don;t went to get too long as I'm cautious at the moment.  I would like to see the market consolidate and hold gains before the next up leg.

April 5, 2011 Activity

Went Long SLW at 45.14
Covered last 1/3 of WMS at 37.49 +8.29% since 40.85 (Feb 22, 2011)

April 4, 2011 Ideas

April 4, 2011

Took some profits and started two new positions:
Sold half PNRA at 129.06 +$5.86 / +4.76%
Sold half BIG at 43.72 +1.64 / +3.9%
Long IHS at 89.74
Long RL at 128.72

Potential Longs and Shorts

If I were to go long or short these would my targets.  Honestly, did not see anything that great for longs, except for MTZ, COO, and IHS.  

Longs: CLB, PPO, ZINC, SBUX, BWLD, IHS, CXO, MTZ, BTU, ISRG, DHR, COO
Shorts: ETR, GES, HBC, SNE, CBRL, CPB, URBN, PTP

Recap for 3/28/11 to 4/1/11

http://www.youtube.com/watch?v=yykfELM4BEQ

Entered some positions today

Entered Long:
MWIV at 78.42
RHB at 37.05
WTW at 66.93

Took profits on some positions today

Sold half of the following:
ROK (entry 89.2) at 94.32 for +5.74% - 8 day hold
HOC (entry 60.45) at 62.12 for +2.76% - 1 day hold
OTEX (entry 59.5) at 63.10 for +6.05% - 1 day hold

Some new longs to portfolio and keeping one short

One more

Another setup

Looking at these as potential longs.