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Thursday, July 5, 2012

7-5-12

stopped remaining of S 3.34
nice action in AAPL today until EOD - left off on head and shoulder on 5min, resist at 618 if it gets up there

again extremely OB and except some selling and then I think there is great opportunity coming our way BWLD, BGS, AAPL, COG, LNKD, HSTM, HIBB, TRIP, WMT - but BWLD is my fav

Tuesday, July 3, 2012

Monday, July 2, 2012

7-2-12

I don't have a good feeling about the long side as we are still OB.

However, I have taken some feeler long positions:
BMY 36.32 tight stop - didn't realize they acquired AMLN until after I purchased
S 3.33 - sold 3/4 of position today, stop at entry
MON 83.32
V 126.06
TRIP 46.75

stopped on rest of CBM

Sunday, July 1, 2012

07-01-12

Most likely will be a quiet week with the 4th.
Oscillator say overbrought

But top long ideas: BWLD, AMGN, GNC, LNKD, EBAY, MON, V, BMY, AMZN, AAPL, UNP

Friday, June 29, 2012

6-29-11

stopped on AAPL 575 ouch
BOT CBM avg 9.33 (stop at moment 9.33) looking for 9.75- really wanted this one to consolidate first

Seems to be change of attitude and some money coming in - time will tell

Thursday, June 28, 2012

Wednesday, June 27, 2012

6-27-12

watching/looking to enter a short in CMG - funds selling this one hard today.  looking for a bounce before heading lower, but can see this one at the 200DMA (currently around $368)

Tuesday, June 26, 2012

6-26-12

sold remainder QCOR 52.61 - higher volume to the downside in a up market today - to me topping action

Monday, June 25, 2012

6-25-12

In an official correction according to IBD.  While the market was down my positions (WMT and QCOR) actually held up.  WMT is more of a defensive play consider the happenings in Europe and the chart looks good. Additionally, people will still shop and buy food.  Still room to the downside.

Friday, June 22, 2012

6-22-12

BOT QCOR 52.19 took majority of profit and now a breakeven trade if stopped at 50.60
No trend emerging - this market is just chop

Stock on the A watchlist is CBM - nice volume today would like to see some consolidation next couple of weeks - would work nice if consolidated during these slightly overbrought conditions

weekly
 monthly (with some resistance pts)

Thursday, June 21, 2012

6-21-12

stopped CMG 412.5

As I said, the market was OB - action very negative today.

Tuesday, June 19, 2012

6-19-12

stopped AAPL583.39
added CMG (small) avg. 414.41
BOT BWLD at two different points avg. 88.08

Monday, June 18, 2012

6-18-12

In and out of APPL and CMG today
holding small long AAPL 584.50
holding small long CMG 411.33

the CMG chart looks better
thinking market may move higher, but we are in overbought territory.

6-14-12

pretty much breakeven on AAPL and CMG
covered AAPL at 571.53
covered CMG at 398.91