Friday, April 30, 2010

April Recap

Realtime buys on Twitter

I'm definitely going to be more cautious this month - waiting for at least 10% pullback on $SPX, we'll see though. Hopefully this selloff happens and more fear comes in because, frankly, I want to buy in full force at discounted prices.

27/
Out $SPLS 24.66 (+.26)
23/
Out $TOL 23.43 (+1.62)
Out $MDC 36.88 (+.71)
Out $PHM 12.99 (+1.11)
21/
Out $GMR 8.35 (+.27)
16/
Out $GNK 22.08 (+.35)
Out $CNW 38.84 (-.67)
14/
Out $TXN 26.65 (+1.06)
Out $MDC 35.65 (+1.06)
Out $RIMM 72.78 (+.43)
13/
Out $RYL 22.70 (+.67)
8/
Out $GS 179.66 (+2.29)
Out $NEP 9.48 (+.37)
Out 1/2 $NAT 30.58 (-.44)
7/
Out $GS 176.01 (+3.79)
Out 1/2 $NAT 31.41 (+.21)
Out $COP 52.60 (-.46)
Out $HAL 31.89 (+.21)
6/
Out 1/2 $HAL 32.33 (+.81)
1/
Out $CLNE 22.59 (-.19) small loss
Out $IVN 17.61 (+.72)
Out $PHM 11.41 (-.42) small loss
Out $FII 26.66 (+.22) small gain
Out $RS 50.25 (+.10) small gain

Wednesday, April 28, 2010

Black Joe Lewis and the Honeybears - and charts

Some gems for this week, next week, and tomorrow

These guys are great - I heard it from John on daytradingradio.com - a website I HIGHLY HIGHLY HIGHLY recommend to new traders. I learned much of what I now use from his show - he is humble and a great teacher that truly enjoys teaching new traders to become successful.

Again, daytradingradio.com




DUK (again)





SCHW

Monday, April 26, 2010

Shaun Brown, ReezyTunez, & G.I. Joh - Cre8tive Box

FEATURED ARTIST


This is a crazy free mixtape from some local Dallas artists - DEFINITELY WORTH A LISTEN


Download or listen for free on Datpiff



Sunday, April 25, 2010

I'm Back Official Music Video King Uncaged - T.I.

At this point I'm very satisfied with my (roughly) 12.6% return since actively publishing my trades March 1st - I'm about to take this week off because I'm searching for a new car, really not sure as to what I'm interested in yet. Definitely looking at some MUSCLE though

I'll be trading lightly in a couple of positions but mainly I'm also back to being cautious about longs at this place in the market - by no means will I be "loading up" anytime soon.

Everyone have a great trading week - be safe and bulls beware.


Friday, April 23, 2010

Thursday, April 22, 2010

On Fire

Uh yes yes ya'll - on fire lately but today's picks ripped just as I hoped. I knew the $XHB was setting up and as I saw strength in a few names early this morning at the drop off I was actually hesitant to go long.

My one mistake today was not buying at the very bottom - I am up a very large amount today and couldn't have really asked for a better one, but I still have lessons to be learned from this day, the main one being brave enough to pull the trigger a little earlier. I had actually anticipated more downside to come into the $SPX before I was looking for a buy, but the names I was watching were so strong, barely moving in the first 30 minutes.

I was only going for a daytrade, but the charts show potentially more upside, however - all of these stocks I am currently in have hit my first target at LEAST:




DHI - I'm not in this one but I should've been, the upside is still there though



TOL



PHM




MDC


Wednesday, April 21, 2010

Something Foul

I smell something foul in the market coming - new highs are imminent, but if we do get a pullback, these are my favorite names, $LO being severely overbought on daily I think it is due for one, and $ADBE could definitely catch a breakout here, but risk is better buying back at the 200 ema. I'm still long $SPLS, bounced nicely today off support trendline, looking for follow through tomorrow, just trading my plan. CHARTS - these are my favorite "buy on pullback" trades in case you are cautious:


More charts posted to my twitter




SCHW


ADBE



LO

Sunday, April 18, 2010

I MAKE SURE EVERYTHING REMAINS RAW



SO
- Could catch a bounce here on this support trend, no resistance really til 34.50 on daily




PHM
- Been on the list for a while, looking for a run, could go either way here, probably UP



SPLS
- 60m - Love this you can use the support trend as the stop, watch for a gap fill like we got on $RIMM

Saturday, April 17, 2010

Goldman Sachs Fraud

Personally - I do believe this all has a political scam with many motives and enticing financial reform.

"Really? So, like, you can fake buying longs in order to take a larger short in order to fool the public? Likeomg."

Nice.

Read this article, I agree with most of these ideas: Freddestin.com




I think Cramer, as little as I actually listen to him, states the idea clear as crystal at the end of this video:


Friday, April 16, 2010

Market a BIT STRETCHED

God damn hilarious

Wednesday, April 14, 2010

Greenday

No, not that s***y emo band

Might as well call this "Greenyear" with 9/10 of the last weeks on $SPX being up - it's madness.

On a side note, this market is too easy. Even my mistake is paying me via $GMR - not sure if the shipper will take off but at this point does it really matter?

For all anyone could tell I'm throwing darts at a board at this point because this is so easy. Be weary though, this will not last.

Like I said on twitter I was out today and will be out tomorrow, so I will not be active in my trading. Thus, me missing out on $SHLD $GS $NAT among others.

No charts today either - very busy this week.


Tuesday, April 13, 2010

Fabolous - There He Go

Little old I know - still great though.

Not much going on in markets right now, check twitter for updates, but mostly I'm cash.


Monday, April 5, 2010

...






Developing...

Sunday, April 4, 2010

Watchlist for next week

$DUK

WEEKLY - I must say this is one of the more promising setups this month - cup and handle on the weekly and indicators looking like they're in the mood for an upturn.




$DUK

Daily - This utility has been bouncing around the 50 and 100 EMA for the last couple of months - any break to the upside will have me loaded.





$TNP

I believe I've posted this a couple of times so I won't beat a dead horse but I'm almost banging the table on it - oversold weekly and daily on this Oil Services stock ($OIH). Only bad thing about this is the moving averages lingering overhead - but as this winds down to a close I believe we will see a break to the upside.




$SO

Cup and handle on this utility as well - looks good




Developing...

Friday, April 2, 2010

T.I. Interview

Can't wait for the album

Thursday, April 1, 2010

New month - new beginning

March Recap

30/
Out $TOL 21.23 (+.31)
24/
Out $ADBE 37.09 (+2.06)
Out $ABT 53.93 (-.37)
Out $INFA 27.59 (+.41)
Out $IVN 16.17 (+.10)
23/
Out $VXX 21.80 (-.50)
17/
Out 1/4 $HUM 49.78 (+.60)
Out 1/4 $HUM 49.80 (+.62)
Out 1/4 $HUM 50.02 (+.84)
Out $HUM 49.27 (+.09) small gain
Out ALL $HUM 50.01 (+.83) small gain
16/
Out $FAF 35.20 (+.70)
Out $FAF 34.16 (+.55)
Out $VXX 23.46 (-.58) small loss
11/
Out $SEED 11.09 (+.31) small gain
Out $WU 16.70 (+.41)
10/
Out ALL $WERN 23.52 (+1.22)
Out $CAAS 22.22 (-.78) small loss
9/

Out 1/2 $WERN 23.21 (+.91)
Out ALL $SPWRA 20.02 (+.99)
Out $GIL 25.80 (+.17)
5/

Out 1/2 $SPWRA 20.35 (+1.32)
3/

Out $VRSN 25.38 (+.05)
1/

Out $CAAS 21.92 (+.83)
Out $VTAL 16.01 (+1.20)