• Long MGI, ZLC & SONE Today

    I’ve closed out Radnet (RDNT) at $4.36 today off of a bounce of the 50-day moving average for a 4.3% gain, and have also added MoneyGram Int’l (MGI) at 3.81, S1 Corp (SONE) at $7.45, and Zales (ZLC) at $6.54. So far so good, though I just got into the MGI trade. All of the

    By |Published On: June 7, 2011|1 min read|

  • Long DO and ARR

    Two new trades to speak of, beyond the trade in Bed Bath & Beyond this morning, with Diamond Offshore Drilling (DO) at $73.36 and Armour Residential at $7.70. I also picked up a couple of trades in SSO – the Ultra 2x Long of the S&P as I bought on extreme negative tick readings earlier

    By |Published On: May 31, 2011|0 min read|

  • Long SLB & Some Other Energy Plays To Consider

    After taking profits in all my positions except for Family Dollar (FDO), which included NFLX (+5.3%), GLD (+0.6%), ANV (+1.9%), and CMI (+3.2%), I decided to get into Schlumberger (SLB) at $84.17. I like the trade a lot and has the potential to make a run to $88 in the very

    By |Published On: May 25, 2011|1 min read|

  • Long SLB & Some Other Energy Plays To Consider

    After taking profits in all my positions except for Family Dollar (FDO), which included NFLX (+5.3%), GLD (+0.6%), ANV (+1.9%), and CMI (+3.2%), I decided to get into Schlumberger (SLB) at $84.17. I like the trade a lot and has the potential to make a run to $88 in the very

    By |Published On: May 25, 2011|1 min read|

  • Long NFLX at $242.18

    I was a bit hesitant to go long on anything this morning, but finally decided to pull the trigger on Netflix (NFLX) because a) does much better than the field in bear markets b) bouncing off a nice intermediate upward trend-line c) looking to break through resistance above. I also got into SSO on

    By |Published On: May 23, 2011|1 min read|

  • Long SLV and PWN

    I went long Silver (SLV) at $34.06, and though it’s not Linkdeln (LNKD), it does have a lot of volaility, and if you followed my chart that I posted earlier this week, you’ll remember that I highlighted the potential for us to see a nice pop out of this commodity. Well, now it is

    By |Published On: May 20, 2011|1 min read|

  • Bought PCLN at $515.51

    I didn’t get a chance to post this trade as a stand alone article (though I did on the trading ticket for everyone) earlier today, so I wanted to take some time this evening to do exactly that. I believe that this trade is good to take all the way up to $520. After that,

    By |Published On: May 18, 2011|1 min read|

  • Long EXPE at $25.59 and FTR at $8.80

    Finally  made two late afternoon trades, the first of which is in Expedia (EXPE) at $25.59, and the other in Frontier Communications (FTR) at $8.80. I also managed to get out of the S&P UltraLong 2x (SSO) at $53.60, after having averaged down five times outside of my original buy-in. At one point, at

    By |Published On: May 17, 2011|1 min read|

  • Long EP at $18.22

    So far, it appears that commodities are trying to bounce today, and taking with them, the market in sympathy. We are definitely due for a sizable bounce in the short-term, and whether or not it is a dead-cat bounce or legitimate market recovery, it should provide for a nice profit opportunity. This morning I

    By |Published On: May 16, 2011|0 min read|

  • 10 Stocks I am Watching This Week

    Futures are pointing down, at the moment, but a lot can change between now and the open. Either way, I’ve provided you below with 10 trading setups – 5 of which are to the long side and the other 5 are to the short side. Let’s make it a great week! LONG: Ecolab (ECL) LONG:

    By |Published On: May 16, 2011|1 min read|