• Went long this morning Range Resources Corp (RRC) after watching it sport a very nice breakout pattern at $43.36.

    By |Published On: December 2, 2010|0 min read|
  • NVLS  is setting up as a nice breakout play with what appears to be a lot of momentum still left in the stock. The stop-loss is also very inviting, as the amount of capital that needs to be risked to the downside is minimal. 

    By |Published On: December 2, 2010|0 min read|
  • I’m pulling the trigger on one of the daily trading setups from a few days ago by going long on Monsanto (MON) at $62.93. I’m going to be much tighter with my stop-loss though by placing it at $61.20. If it goes lower than that, I’ll be out of the trade.  Here’s the chart

    By |Published On: November 11, 2010|0 min read|
  • I will admit, I was a bit nervous about pulling the trigger on this one, but you have to put those feelings aside, and trade off of the charts, and at the time I bought Mentor Graphics (MENT), I noticed the the market was consolidating at its lows and trying to bounce off of the

    By |Published On: November 11, 2010|1 min read|
  • Here’s my third and last new position for the day – Citrix Systems (CTXS). I plan on waiting until tomorrow reevaluate everything, and then consider adding any additional new positions to the portfolio. As always adhere to a stop-loss – doesn’t have to be mine, but should be one you are comfortable with.  Here’s

    By |Published On: November 10, 2010|0 min read|
  • I bought shares of Baidu (BIDU) this morning on a test of the 20-day moving average. After forming a bull flag, this stock look to move much higher. But no one can be sure of that, and that is why I put a stop-loss in there at $104.74. Here’s the Chart Analysis on

    By |Published On: November 10, 2010|0 min read|
  • After closing out my long position in QID (Nasdaq UltraShort ETF) at the end of the day at $12.34, I bought a position in FLIR Systems Inc. (FLIR) at $28.35 with a stop-loss at $27.19. There’s no certainty that today’s sell-off won’t continue into tomorrow, however, I felt that it was appropriate to begin

    By |Published On: November 9, 2010|1 min read|
  • The one other trade that I made to the portfolio today was Jack In The Box (JACK), off of a breakout of the bull flag (similar to GHL) that it had been trading in. The stock has already preformed very well, up already 1% from where I bought it. This pick actually came from

    By |Published On: November 2, 2010|0 min read|
  • Couple of new swing-trades to the portfolio – GHL and JACK. The former of which is detailed below. As it stands right now, the market has struggled to break the 1196 level on the S&P, but unlike previous attempts, we haven’t seen a significant sell-off ensue as a result.  Here’s the Chart Analysis on GHL.

    By |Published On: November 2, 2010|0 min read|
  • Two new positions today in the portfolio – the first one was Walt Disney (DIS), and the second one was Goldman Sachs (GS). The latter of which is shown for you below. Notice the clear breakout. I typically wouldn’t buy a stock in financials based on the their recent weakness, but today offered some

    By |Published On: October 27, 2010|1 min read|