Technical Discussion

Bears are feeling pretty good about themselves these days – and they have every right to. It has been a long time waiting for their day of reckoning, and it finally has arrived for them. However, this isn’t a time to throw caution to the wind. The market has had a very nice leg down

These past two weeks have seen some of the best trading gains in my life time. My short positions have performed admirably well in this current market. As of this writing, my portfolio is 69% short still, and 31% in cash. I took profits on my large stake in ENI SPA (E) for a 9.5%

Today’s outcome was a bit unexpected for me, quite honestly. I thought we would get some kind of afternoon sell-off, or at least fill the morning gap, but the market would have none of that. Instead, it just kept pushing forward, on volume that was absolutely horrid, which leads me to further doubt the legitimacy

Well, if you’re reading this, I guess you survived the wild week that we had in the markets. Hopefully everyone had their stops in place and that if you were long on anything, you didn’t get too clobbered. I sold all of my long positions on Wednesday, the day prior to the 1000 point intraday

For anyone who was long in the market yesterday, if you were using stop-losses to mitigate your risk, you were likely stopped out of those trades. In all my years of trading I honestly cannot ever recall a time where the market acted as crazy as it did yesterday. In fact, there was one

A lot of people get discouraged when they are stopped out of a stock early on, only for it to go on a ‘rip-roaring’ tear for the remainder of the day. In fact when this happens, it often causes traders to be weary of using stop-losses at all and rely on their own instincts

It is the first time in quite awhile that I have had more than a couple of positions in the portfolio. You’ll notice that I have one short position in the mix, but I did so while buying an additional long position to hedge against it. Also, I sold out of WOOF on Friday at

Trading UUP is pretty much like watching grass grow. While today it made a half percent move, made up all of its initial losses I had on the table, it nonetheless, moves much slower than your typical stock or ETF, so when you are trading a security like UUP in order to realize larger profits

Once again, I’m providing you with an update to my portfolio. And like the past three weeks, the portfolio still consists of Barnes and Noble (BKS) and UGI Corp (UGI). The stop-losses in each have both been raised since the last analysis that I provided – so if you’re in either of these two

This little ole’ portfolio of mine hasn’t been overly exciting as I have only been 15% vested in this market over the past couple of weeks. However, Barnes and Noble (BKS) has been an incredible performer for me over the past couple of weeks, rising 19.2% from where I originally bought it. I also sold half