Love this trailer -
Tuesday, March 30, 2010
Monday, March 29, 2010
Friday, March 26, 2010
Chart.ly Feature & Monday Setups
Featured yesterday on this trader site, just noticed this today, by Idrogen at Chart.ly - here's the frame:
Link to the posting here
This is a great setup, couldn't have said it better myself, quote:
"Today on the Chart.ly Chart of the Day we take a look at Ivanhoe Mines $IVN with @SpeeroTheKid. IVN has been one of the only miners to hold its ground the past few days during the sell off in materials. It still trades above the 50 day moving average which has been support for a few weeks now. If the miners can catch a bid here, $IVN is the place you want to be looking for long exposure."
I'll also be posting setups for Monday by Sunday - everyone have a good weekend
Wednesday, March 24, 2010
Setups to watch for Thursday, March 25
ABT not working out quite as well as I had hoped, stopped out - may look to get back in but kind of wanting to see where we're headed.
I got in some TOL today - trying to get a break out of this channel - it looks like it didn't break it, we'll see tomorrow, tight stop on it like I said on twitter.
Setups to watch for Thursday, March 25 -
I got in some TOL today - trying to get a break out of this channel - it looks like it didn't break it, we'll see tomorrow, tight stop on it like I said on twitter.
Setups to watch for Thursday, March 25 -
Tuesday, March 23, 2010
Current Portfolio
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Got stopped out of VXX again today 21.80 (-.50) and I'm done trading this joke ETF, took some small losses to learn my lesson but its done now. It's also seeming very stupid to try to fight this bull - bears must be stabbing their eyes.
On another note, I am involved in a couple of setups, one gamble that I realize was outside my character but like I said, I was with several colleagues that it was going to, and in fact did, obliterate estimates. The trade was ADBE, I entered today at 35.03 and just let it ride after hours. Again, this is not something I do on a normal basis, but hey, neither was the VXX trade either.
I'm in on ABT averaged at 54.27 - first target is 55.22, stop still 53.95. Chart below:
I hate to beat a dead horse but PHM is winding down to a point break, could obviously go either way but pay attention closely. Chart below:
Got stopped out of VXX again today 21.80 (-.50) and I'm done trading this joke ETF, took some small losses to learn my lesson but its done now. It's also seeming very stupid to try to fight this bull - bears must be stabbing their eyes.
On another note, I am involved in a couple of setups, one gamble that I realize was outside my character but like I said, I was with several colleagues that it was going to, and in fact did, obliterate estimates. The trade was ADBE, I entered today at 35.03 and just let it ride after hours. Again, this is not something I do on a normal basis, but hey, neither was the VXX trade either.
I'm in on ABT averaged at 54.27 - first target is 55.22, stop still 53.95. Chart below:
I hate to beat a dead horse but PHM is winding down to a point break, could obviously go either way but pay attention closely. Chart below:
Thursday, March 18, 2010
Trade Reviews
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Couple of breakouts I've caught in the last few days - some great trades and of course it's always good to review your good and bad trades to learn from your mistakes. The great thing about these trades too is you can always get better and more precise with your entries/exits.
Personally I am very aggressive on these pennant and triangle trades, so naturally I should've bought in sooner to $HUM and exited later - part of my mistake on my exits was due to the fact that I left my computer and was trading off of my IPhone. Ultimately, I hold myself responsible so I cannot make excuses, was a great trade regardless and profits are profits. As long as you are green you should never be kicking yourself for exiting early - better early than late in most cases, however, it is still always good to learn from them and make sure that next time you position yourself better.
$FAF was a great trade - really no complaints there, probably could've held some more shares into the next couple of days as I believe it rose a bit higher, but ultimately it was a very near perfect trade, getting in early with a tight stop. Lowering risk maximizing potential is what this game is about as everyone knows.
$HUM
$FAF
As always, you can see my realtime buys/sells by following me on twitter and follow this blog for recaps of trades.
Couple of breakouts I've caught in the last few days - some great trades and of course it's always good to review your good and bad trades to learn from your mistakes. The great thing about these trades too is you can always get better and more precise with your entries/exits.
Personally I am very aggressive on these pennant and triangle trades, so naturally I should've bought in sooner to $HUM and exited later - part of my mistake on my exits was due to the fact that I left my computer and was trading off of my IPhone. Ultimately, I hold myself responsible so I cannot make excuses, was a great trade regardless and profits are profits. As long as you are green you should never be kicking yourself for exiting early - better early than late in most cases, however, it is still always good to learn from them and make sure that next time you position yourself better.
$FAF was a great trade - really no complaints there, probably could've held some more shares into the next couple of days as I believe it rose a bit higher, but ultimately it was a very near perfect trade, getting in early with a tight stop. Lowering risk maximizing potential is what this game is about as everyone knows.
$HUM
$FAF
As always, you can see my realtime buys/sells by following me on twitter and follow this blog for recaps of trades.
Sunday, March 14, 2010
Man marries pillow
There's a news story about this man marrying a pillow with the imprint of a female anime character on it - but did anyone see this news story?
Apparently this is not uncommon - and I could see how decades ago homosexuals were, and probably still are looked upon this way, as "bizarre".
But an inanimate object? This is just kind of funny.
Apparently this is not uncommon - and I could see how decades ago homosexuals were, and probably still are looked upon this way, as "bizarre".
But an inanimate object? This is just kind of funny.
Friday, March 12, 2010
Tuesday, March 9, 2010
Today's Summary
Out 1/2 $WERN 23.21 (+.91)
Out ALL $SPWRA 20.02 (+.99)
Out $GIL 25.80 (+.17)
Of course - you could just look to the right on day by day monthly recap.
Watching the XHB very closely - I've been cautious on it because it has been so overbought, but it looks like it could be close to a breakout if the SPX keeps behaving so bullish.
Again, I love the cup setting up on the SPX - hope it forms that cup and handle, everybody knows how these work out for me in bull markets ;) - check out my moves on WERN - still holding half my shares.
Out ALL $SPWRA 20.02 (+.99)
Out $GIL 25.80 (+.17)
Of course - you could just look to the right on day by day monthly recap.
Watching the XHB very closely - I've been cautious on it because it has been so overbought, but it looks like it could be close to a breakout if the SPX keeps behaving so bullish.
Again, I love the cup setting up on the SPX - hope it forms that cup and handle, everybody knows how these work out for me in bull markets ;) - check out my moves on WERN - still holding half my shares.
Monday, March 8, 2010
Success
I was talking to someone the other day about motivation and how some have it and some don't - the fact is, EVERYONE has it, you just must find it within. Everyone has their own story and own motivational factors, and everyone has a point break where they move one way or the other.
A quick note before I begin my rant - I have in NO WAY arrived at my destiny. I do not feel as though I'm above anyone in what I have done or want to do. I understand that everyone has their own mission and I respect everyone individually. Money is in NO WAY a measure of success. And a quick lesson for success, an old manager (Brian Dunivant) once told me - "NEVER feel as though you have arrived", because once you feel like you can't fly any higher you will fall or simply glide.
There was a lesson someone taught me a while back at a business conference I went to in Austin - I cannot remember the guy's name for the life of me, or the book he admittedly stole the idea from, but I paid $250 to go to the conference and I can safely say that every penny was worth it with this one lesson he taught me.
I went up to the guy after the conference during question hour and right as he was done speaking to a student I cut in and said, "Sorry to interrupt - but what you said about the Worrier vs. The Warrior was one of the most inspirational talks I've ever heard. I understand that everyone relates to different things here, but nothing like I've ever heard has spoken to me like that story."
Immediately his eyes lit up after I said this and the entire table, notepads in hand, immediately asked him to repeat what he had said - he told me that was one of the nicest things anyone had ever said to him at any conference he had ever spoken at and thanked me - I actually ended up getting a real estate connection out of him as well, but interjecting to say something nice in order to receive business is a topic of another discussion.
The Worrier vs. The Warrior
People that have worked for me know this story because I preach about it all the time - there are two types of inner characters that constantly conflict within every individual.
The Worrier worries when the going gets tough - The Worrier makes excuses when you show weakness, and is not praising upon showing strength. The Worrier is hurt by every hater, every negative hint that comes from anyone - The Worrier worries that he or she will ultimately fail and never see a glimmer of success.
The Warrior is just as it is pronounced - a fighter when the numbers are not on his or her side. Always outnumbered but never outgunned - The Warrior sees strength where others see weakness, The Warrior finds power in something others see nothing. The Warrior looks at the road less traveled and makes his or her own path, unafraid of what torments he/she might face. The Warrior takes pain and uses it as motivation - The Warrior uses the burn from hate to ignite a fire from within, and turn that fire into a burning desire for success.
What you must ask yourself - is who is speaking to you at these times? Who do you listen to the most? Which character CONSUMES you?
Fear is an emotion felt by everyone - but there are two reactions when it is felt. This is the most important part of the talk and the part that stood out to me the most:
The Worrier is completely controlled by FEAR. When a challenge arises FEAR takes over and he/she takes the easy route. You are on this earth for a very short time, and then what? You have ONE CHANCE to make your existence what you want it to be - are you going to let FEAR control what your life turns out to be?
The Warrior controls FEAR - personally there have been struggles in my life that I have used to turn me into what I am becoming. I am a Warrior because of this - and believe me, it is not perfect every time.
---
Now that I got that story out of the way - I'm also going to share a message I sent to someone recently that asked me how and where my motivation comes from. Again, do not take these messages as me saying I am successful - because my close friends and family will tell you that I do too much and that I have already spread my wings, whereas I will tell you I always feel as though I am not doing enough. Do not take this message as arrogance, I am merely sharing what I have learned in my short time -
You have to believe that you're better than what is expected of you - you have to picture what it would be like in your head if you were responsible and successful and how your parents and friends will look at you when you are great and respected. You have to think of it hard and think about it everyday, and above all you have to be committed to yourself that you will look at yourself in the mirror and be able to smile that YOU feel good about yourself.
You have to be able to see down the road - what will my parents think of me in 3 years when they see that I built my success? That I am actually great at what I do, whatever it may be. Everyone has their own motivation - mine has always been respect. That whatever I do, even if there are those that will hate me for it, and there will be, they MUST respect me because I am GREAT at what I do. I have had the blessing of having parents that see the same vision for me, my mom trusts that whatever I do I will be great at because I accept nothing less.
I have also had the struggle of those that look down on me and where I've come from. I've had the struggle of money like many and I've never had the kind of connections or been good at "getting the grades" in school. I will never go to an Ivy League School. All of these things are different for you - you just have to replace my blessings with yours, my struggles with yours, my strengths and weaknesses with yours - and the result will indeed be your future.
A strong person accepts full responsibility for every action. There is no luck in life - and FATE is simply the reaction of our actions. If an unprecedented disaster occurs then you are only measured by how you react.
Above all you have to be positive - you can't picture what it would be like if you failed - because that's impossible when it is unacceptable. The biggest gap between those that are successful and those that aren't is the mental battle. You will have terrible days - but you will have the greatest day, and every time you have a dark one you must know there is a brighter tomorrow.
----
Anyway, that's my rant. There are those out there with MUCH better commentary and knowledge on success and growth and learning how to realize your potential - but that's some of mine. If at least one person enjoys it, I'll be happy.
A quick note before I begin my rant - I have in NO WAY arrived at my destiny. I do not feel as though I'm above anyone in what I have done or want to do. I understand that everyone has their own mission and I respect everyone individually. Money is in NO WAY a measure of success. And a quick lesson for success, an old manager (Brian Dunivant) once told me - "NEVER feel as though you have arrived", because once you feel like you can't fly any higher you will fall or simply glide.
There was a lesson someone taught me a while back at a business conference I went to in Austin - I cannot remember the guy's name for the life of me, or the book he admittedly stole the idea from, but I paid $250 to go to the conference and I can safely say that every penny was worth it with this one lesson he taught me.
I went up to the guy after the conference during question hour and right as he was done speaking to a student I cut in and said, "Sorry to interrupt - but what you said about the Worrier vs. The Warrior was one of the most inspirational talks I've ever heard. I understand that everyone relates to different things here, but nothing like I've ever heard has spoken to me like that story."
Immediately his eyes lit up after I said this and the entire table, notepads in hand, immediately asked him to repeat what he had said - he told me that was one of the nicest things anyone had ever said to him at any conference he had ever spoken at and thanked me - I actually ended up getting a real estate connection out of him as well, but interjecting to say something nice in order to receive business is a topic of another discussion.
The Worrier vs. The Warrior
People that have worked for me know this story because I preach about it all the time - there are two types of inner characters that constantly conflict within every individual.
The Worrier worries when the going gets tough - The Worrier makes excuses when you show weakness, and is not praising upon showing strength. The Worrier is hurt by every hater, every negative hint that comes from anyone - The Worrier worries that he or she will ultimately fail and never see a glimmer of success.
The Warrior is just as it is pronounced - a fighter when the numbers are not on his or her side. Always outnumbered but never outgunned - The Warrior sees strength where others see weakness, The Warrior finds power in something others see nothing. The Warrior looks at the road less traveled and makes his or her own path, unafraid of what torments he/she might face. The Warrior takes pain and uses it as motivation - The Warrior uses the burn from hate to ignite a fire from within, and turn that fire into a burning desire for success.
What you must ask yourself - is who is speaking to you at these times? Who do you listen to the most? Which character CONSUMES you?
Fear is an emotion felt by everyone - but there are two reactions when it is felt. This is the most important part of the talk and the part that stood out to me the most:
The Worrier is completely controlled by FEAR. When a challenge arises FEAR takes over and he/she takes the easy route. You are on this earth for a very short time, and then what? You have ONE CHANCE to make your existence what you want it to be - are you going to let FEAR control what your life turns out to be?
The Warrior controls FEAR - personally there have been struggles in my life that I have used to turn me into what I am becoming. I am a Warrior because of this - and believe me, it is not perfect every time.
---
Now that I got that story out of the way - I'm also going to share a message I sent to someone recently that asked me how and where my motivation comes from. Again, do not take these messages as me saying I am successful - because my close friends and family will tell you that I do too much and that I have already spread my wings, whereas I will tell you I always feel as though I am not doing enough. Do not take this message as arrogance, I am merely sharing what I have learned in my short time -
You have to believe that you're better than what is expected of you - you have to picture what it would be like in your head if you were responsible and successful and how your parents and friends will look at you when you are great and respected. You have to think of it hard and think about it everyday, and above all you have to be committed to yourself that you will look at yourself in the mirror and be able to smile that YOU feel good about yourself.
You have to be able to see down the road - what will my parents think of me in 3 years when they see that I built my success? That I am actually great at what I do, whatever it may be. Everyone has their own motivation - mine has always been respect. That whatever I do, even if there are those that will hate me for it, and there will be, they MUST respect me because I am GREAT at what I do. I have had the blessing of having parents that see the same vision for me, my mom trusts that whatever I do I will be great at because I accept nothing less.
I have also had the struggle of those that look down on me and where I've come from. I've had the struggle of money like many and I've never had the kind of connections or been good at "getting the grades" in school. I will never go to an Ivy League School. All of these things are different for you - you just have to replace my blessings with yours, my struggles with yours, my strengths and weaknesses with yours - and the result will indeed be your future.
A strong person accepts full responsibility for every action. There is no luck in life - and FATE is simply the reaction of our actions. If an unprecedented disaster occurs then you are only measured by how you react.
Above all you have to be positive - you can't picture what it would be like if you failed - because that's impossible when it is unacceptable. The biggest gap between those that are successful and those that aren't is the mental battle. You will have terrible days - but you will have the greatest day, and every time you have a dark one you must know there is a brighter tomorrow.
----
Anyway, that's my rant. There are those out there with MUCH better commentary and knowledge on success and growth and learning how to realize your potential - but that's some of mine. If at least one person enjoys it, I'll be happy.
Saturday, March 6, 2010
...continued setups
LOGI -
Falling wedge - I got in this a little late but I love the strength - pretty bullish once again. I love their products too - can't lie ;) I think by breaking this 50 EMA a move up will happen. Tight stop on that 50.
WERN -
Cup and handle on the 52 week high - I've been averaged in at 22.30, and really should've doubled up at 22 even but can't complain about profits. There's a trendline leading back to June of 2009 - if it shows weakness on monday I will drop it but I don't think it will - stochastics are starting to look embedded.
Falling wedge - I got in this a little late but I love the strength - pretty bullish once again. I love their products too - can't lie ;) I think by breaking this 50 EMA a move up will happen. Tight stop on that 50.
WERN -
Cup and handle on the 52 week high - I've been averaged in at 22.30, and really should've doubled up at 22 even but can't complain about profits. There's a trendline leading back to June of 2009 - if it shows weakness on monday I will drop it but I don't think it will - stochastics are starting to look embedded.
Friday, March 5, 2010
Weekly Recap
New setups, new entries, new highs - 1150. Will post several charts -
MXWL -
Falling wedge - obviously resistance at 200 ema - looking for a move up to there, if I could get a bullish MACD crossover I'd be loaded - might even see a breakout.
SPWRA -
Falling wedge again - I got averaged in at 19.03 - sold half my shares on Friday and still holding the rest because it still looks great. My stop is just south of the 20 ema which it struggled to recently break when it came back down to retest the wedge and make a double bottom. A breakout and a move to the 200 ema is really what I'm looking at on this one if it can hold that 20.
MXWL -
Falling wedge - obviously resistance at 200 ema - looking for a move up to there, if I could get a bullish MACD crossover I'd be loaded - might even see a breakout.
SPWRA -
Falling wedge again - I got averaged in at 19.03 - sold half my shares on Friday and still holding the rest because it still looks great. My stop is just south of the 20 ema which it struggled to recently break when it came back down to retest the wedge and make a double bottom. A breakout and a move to the 200 ema is really what I'm looking at on this one if it can hold that 20.
Wednesday, March 3, 2010
Really?
This has got to be the dumbest s*** I've ever seen - taken by my boy in Longview, TX:
II III IIII I ICE CREAM PAINT JOB LMAO
GETTIN LOOSE IN THAT CONDOM COUPE
Daily Recap (realtime on twitter):
Out $VRSN 25.38 (+.03)
II III IIII I ICE CREAM PAINT JOB LMAO
GETTIN LOOSE IN THAT CONDOM COUPE
Daily Recap (realtime on twitter):
Out $VRSN 25.38 (+.03)
Tuesday, March 2, 2010
On to the next one
This might as well be the daytrader's anthem after every trade, no matter what the outcome:
Monday, March 1, 2010
Love these setups - I'm constantly scanning the 52 week high lists to see what kind of moves are setting up, I'm taking off for the day, remaining primarily cash - perfect exits today and several great looks setting up here as we push up against some strong resistance in the SPX.
Daily Recap (realtime on twitter):
Out $CAAS 21.92 (+.83)
Out $VTAL 16.01 (+1.20)
$CAAS:
Daily Recap (realtime on twitter):
Out $CAAS 21.92 (+.83)
Out $VTAL 16.01 (+1.20)
$CAAS:
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