• Short GLD At $133.62

    I finally have something in play this morning – the Gold ETF (GLD). I’m actually shorting it, which makes for my first short position of the new year. My stop-loss is at the point where it tries to fill the gap from earlier this month (1/4). There is a lot of resistance overhead

    By |Published On: January 18, 2011|0 min read|

  • Long BBT at $27.47 and BEXP at $28.42

    Two new trades this morning. I actually got in BB&T (BBT) at $27.47 and Brigham Exploration (BEXP) at $28.42 – both breakout plays.  LONG: BB&T (BBT)  

    By |Published On: January 14, 2011|0 min read|

  • Two New Trades Today: FFIV and SLB

    Two new trades to report this morning. Both were done on the morning weakness, and once it seemed like the initial selling had calmed down some. The first was Schlumberger (SLB) and F5 Networks (FFIV).  LONG: Schlumberger (SLB)  

    By |Published On: January 13, 2011|0 min read|

  • 9 Breakouts To Be Watching

    Some weakness in the market this morning – not a real concern at this point. We’ll have to see if the dip-buyers rush in to push back the prices into positive territory. If that happens, you have a handful of stocks below that you can play once they breakout.  Here are 9 Breakout Plays.   

    By |Published On: January 13, 2011|0 min read|

  • 7 Long Setups I Am Watching

    Below are seven trade setups that I like going into today, and that I am paying close attention to, for a possible trade entry. Each of the trades below are momentum trades/breakout plays.  Here are the 7 Long Setups I am watching.   

    By |Published On: January 12, 2011|0 min read|

  • Long ALKS At $12.68

    I’ve been following Alkermes (ALKS) for almost a month now waiting for it to breakout. Today we finally got that, but the key for this stock is that it manages to close above the 200-day moving average, which has been a beast for it to break above, at $12.68.  Also adding to the ALKS intrigue

    By |Published On: January 11, 2011|1 min read|

  • Long CLMT At $22.25

    I went long on CLMT this afternoon at $22.25 with a stop-loss at $21.27. So far so good – it has been an ideal breakout, already up over 1% on strong volume. Somewhere around $24 would be an ideal place for taking profits. But you know me, I tend to take my profits

    By |Published On: January 10, 2011|1 min read|

  • Short Setups I Am Watching

    Its looking a little bearish out there to start the week. I wouldn’t say though that the bears have shown me enough conviction to rule out an afternoon rally. Nonetheless, I need to be a good Boy Scout and always be prepared. With that said, I have 9 short setups to take a look at. 

    By |Published On: January 10, 2011|0 min read|

  • 12 Breakout Plays I Am Watching Today

    Here’s today’s  breakout plays that I am watching today. Of most interest to me is the setup in RF Micro Devices (RFMD). If it hits, it should see a nice strong move upwards. If not….well…that’s what stop-losses are for. There are about 11 others included in the charts below, so be sure to check

    By |Published On: January 7, 2011|0 min read|

  • Long MWV At $27.18

    My one and only trade this morning. Good chance that this is it for my buying today. I am a little bit concerned that the market just can’t see any kind of follow through after Monday’s rally – not to mention gold is down and the dollar is up. Just a lot of things causing

    By |Published On: January 6, 2011|0 min read|