• 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,

    |May 18, 2011|1 min read|
  • 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 the

    |May 17, 2011|1 min read|
  • 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 took

    |May 16, 2011|0 min read|
  • 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:

    |May 16, 2011|1 min read|
  • I finally pulled the trigger on two trades this afternoon. The first being in Check Point Software Technologies (CHKP) at $54.19 and the second one being in Constellation Brands (STZ), which was also listed as my daily long setup this morning. I’ll likely be dumping off a few other non-performing positions by the end of

    |May 12, 2011|1 min read|
  • Here are the mark ups on the trades I took this afternoon. Both stocks are valid trades to take tomorrow morning, assuming we continue the bullishness from the past two days. LONG: Hewlett-Packard (HPQ)

    |May 10, 2011|0 min read|
  • Some activity on my end this morning, buying Pepsico (PEP) at $69.92 (I was actually wanting to get in at $70, but used a limit order instead of a stop – ugh!), and then followed up that buy with another one in Amphenol Corp (APH). I’m still a pretty big fan of tech right now,

    |May 10, 2011|1 min read|
  • Here’s my other long position that I took today – UnitedHealth Group (UNH), where I took a long position at $50.21 (as I said talked about doing in my previous post). Here’s the chart on UNH.

    |May 9, 2011|0 min read|
  • Two new trades this morning with the possibility of another two should Hatteras Financial (HTS) trigger at $28.69 and United Healthcare (UNH) at $50.21. The two that I got in this morning are doing well so far, despite little movement out of the broader markets at this point. The first one is Jabil Circuit (JBL)

    |May 9, 2011|1 min read|
  • So far the market is rebounding well today, and will look to lighten up some of my positions as well, particularly in SSO where I have a huge chunk of my capital in (40%). I’ll probably sell 3/4 of that position today and take the nice profits in hand. Also, the Silver (SLV) play that

    |May 6, 2011|1 min read|