• Moments before this post I jumped in Cobalt International Energy (CIE) at $24.22. One of the plays in this current market that has done exceedingly well for me have been the breakouts from support, and then waiting for a few days to even a week perhaps for it to pull back to that original breakout/support

    By |Published On: July 13, 2012|1 min read|
  • I posted the chart earlier in our chat-room real-time as I took the trade, and mentioned it in the 7 Stocks Flying Under The Radar post from this morning as well before taking this trade, but I have to say, that Tutor Perini (TPC) is looking like a stud so far. I have no clue as

    By |Published On: July 12, 2012|1 min read|
  • I don’t know what it is with me and my love/hate relationship I have with Netflix (NFLX). I’ve had some of my best trades come from it, but then there was the chance that I had to add it to my long-term account 5 or 6 years ago when it was in its $20’s

    By |Published On: July 11, 2012|1 min read|
  • Pre-market update (updated 9:00am eastern): European markets are 0.7% higher. Asian markets sold off an additional -0.4% today.  US Markets are slightly higher heading into the open.  Economic reports due out (all times are eastern): Consumer Credit (3pm)  Technical Outlook (SPX): SPX attempted to sell-off yet again yesterday, but recovered most of its losses before

    By |Published On: July 10, 2012|2 min read|
  • I’ve actually, while typing out this post, added one of the names on the list (yes these are legitimate setups unlike a lot of websites out there) as the setup looks solid and the market seemed interested in putting in a bottom to today’s action.  Nexen (NXY) was added at $16.46 (see chart below) and

    By |Published On: July 9, 2012|1 min read|
  • I took the trade in Pharmaclyclics (PCYC) this morning – as it appeared in my scan as having higher than normal volume in the AM. Having traded and watched it quite a bit of late, this is one of those trades, where I saw it teste the 10-day moving average like it did previously and

    By |Published On: July 9, 2012|1 min read|
  • Below are five stocks that I’ve identified as providing excellent risk/reward setups. I’ve already gone long in one of them – Wabco Holdings (WBC) at $53.98.  On another front – I got stopped out of WLT this morning, which was a short position that I was using to hedge against this market, and the early

    By |Published On: July 5, 2012|1 min read|
  • Since the market opened this morning, I’ve been able to post some incredible gains in my long positions in CMG, NFLX, UA and HD. I actually sold a bit early in Netflix (NFLX) at $77.68 from $70 due partly to my incredible distrust of the stock – only to see it march

    By |Published On: July 5, 2012|1 min read|
  • I've gotta say, that I am somewhat surprised by the fact the market is moving this morning - albeit a little over 5 points, but honestly I thought it would be a total snoozer today. I've taken the opportunity to add Home Depot (HD) at $51.50 and Netflix (NFLX) at $70 flat.  What's funny is that

    By |Published On: July 3, 2012|1 min read|
  •   I can’t remember or not if I’ve ever bought Chipotle Mexican Grill (CMG) before (as a stock), but considering my incredible passion for all things burritos, this particular long position that I just got in on is particularly exciting for me. In fact, if the stock can rebound and move higher, I’d rather

    By |Published On: June 29, 2012|1 min read|