Amazon (AMZN)

Current Long Positions (stop-losses in parentheses): TICC (9.62), DTV (42.34), EOG (97.52), ESRX (46.42), AAPL (305.59), SHLD (72.95) Current Short Positions (stop-losses in parentheses): SDS  (28.55) BIAS: 56% Long Economic Reports Due Out (Times are EST): No reports scheduled. My Observations and What to Expect: Futures are trading flat.  Asian markets were mixed and European markets

The market, for the first time this month has seen a fair amount of selling as it fell back below the 1130 breakout level on the S&P. The question on the minds of the bulls is whether this is something to be concerned about or to use as an opportunity for buying stocks on the

Current Long Positions (stop-losses in parentheses): What are those? 🙂 Current Short Positions (stop-losses in parentheses): ESV (42.84), WTFC (37.15), SLAB (44.80), ALB (43.59), HIBB (26.65),  WRC (40.95), QQQQ (45.83), NSIT (14.79), AA (11.43), DLLR (19.84), HSIC (55.46) BIAS: 90% Short Economic Reports Due Out (Times are EST): Absolutely Nothing! My Observations and What to

Recently I have tried to provide readers on the weekend with the most interesting article from the past week. The article below comes from MarketFolly.com. It details the most popular stocks among hedge fund's top-ten holdings. Perhaps you may be able to find a trading idea or two as a result. Given our focus on

The great attempt at a new bear market has finally ceased – done – over with. My attempts to short this market were deemed futile – and in the end had nothing to show but a sea of shorts that mounted to really nothing but red in brokerage statements. The action that the market portrayed early

This bull market has not been kind to me this past week, and that’s okay. I’m trading my system that I know works, has worked in the past, and have no reason to think it won’t continue to work in the future. I added another short position today, after getting stopped out of SDS. The new

Yesterday, I said that I had added Amazon.com (AMZN) as the newest short-addition to my portfolio. It was hard to do so, with the nasty backlash the bears got at the expense of futile optimism on Bernanke’s behalf. Nonetheless, I got in at 119.10 with a stop at 127.60 and an initial target of

This market couldn’t get any more frustrating than it did today. The whipsaw action is awful for swing-trading and realizing gain is becoming rather difficult. That physics law that states, “For every action, there is an equal and opposite reaction” is a pile of crap. We rally last week when Bernanke says the discount rate is

After yesterday’s resounding victory for the bears, today we got a market heading into the open that is slightly negative and could be looking to extend yesterday’s decline. With consumer confidence hitting a 10-month low, there are a lot of people on edge as to whether we are truly out of the woods. In my

Okay Folks – Here is my labor of love – and let me tell you it is some major labor having to type out all these symbols, company names and stop-losses into a post for you. But I know that it is a huge help for many of you, and that’s why I do