Trade Setups

LONG: Agilysis (AGYS) LONG: BGC Partners (BGCP)  

I’ve put together 4 long setups and 4 short-setups for tomorrow. It should be a wild next couple of days with Greece debt crisis coming to a head, as well as Benny-Boy holding a press-conference and releasing the FOMC statement on Wednesday. So expect anything to happen, and don’t act surprised WHEN it happens.  LONG:

Crazy day in the market today, but there are a lot of stocks testing that infamous 200-day moving average, including Apple (AAPL), Catepillar (CAT), and many others, not to mention the S&P 500 which was tested perfectly today. So there is a good chance we’ll see stocks move much higher tomorrow, and here are a

LONG: Agilysys (AGYS) LONG: Maiden Holdings (MHLD)  

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

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

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 short-term. I’ve also included

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 short-term. I’ve also included

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 an

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 clearly