Idan Koren 2:03pm
I promised i would take a short at AAPL around these levels.. and I am… i’m taking a 2% (my personal portfolio) short in AAPL . Like i mentioned below, it’s trading above it’s wedge formation, and i think that’s a takeout that might hold only a few more days before it falls back down at least 5-10%. So i’m short here at $235.85. Will move stop (from $238 to profitability once we fall 0.5%).
Daniel Shporin
9:05AM
Oil is opening flat here. I went long in the middle of writing this post, stop at 81.95.
Nat gas gapped down after selling off late yesterday. This thing is bearish as bearish can be on the daily, but it might be a bit exhausted. I’m not ready to short this as quickly off the open as oil, I think I’ll wait for that gap to be tested, but if we break 3.851, I’ll be in.
2:39am
UTI is a position we have been holding in the hedge fund for a few days now. We are up 7.7% as of right now but have tightened our stop in order to make sure we make a solid profit. The reason we decided to tighten the stop is simply because UTI seems to be holding a 38.2% retracement, and unless it breaks it might bounce from here and shoot up to new highs. For more details on all our trades, make sure you sign up for Alerts & Analytics.
I believe that day-traders should look at UTI and consider shorting upon a break of that 38.2% retrace. Also I want people to notice how the hedge fund has been able to make a nice profit on a short when the market keeps going up! Here’s the 60min:
Another stock that i’ve mentioned before is AAPL. As i’ve expected, AAPL is trading above it’s resistance line, but I think it’s not going to hold much longer. If it shoots back below that resistance (now support) I think it’s worth shorting:
———– GIGM ———- bought back some of my calls a nickle cheaper. this one
is still in the 20 – 80 DAILY SMA squeeze and should make a move soon. beyond patient.
——— BPL ———- still have these $60 CALLS when it bounced off the
DAILY 40 SMA ——— pays big dividend.
I sold my money maker FSLR with HUGE profit Thanks big boys. FSLR is dealing with a strong resistence. Once this resistence is broken as I think big boys will do then I expect this to run toward 140~150. The important resistence I am talking about is around 123. I would like to see two bar break on daily chart above 123 then I would get in and run for 140~150. SWBB
VXX taking a nose dive in after market. Looks like another green day tomorrow.
probably dumb but i just bought move of it.
more
Buy it at 20
i am all in options again and in vxx
added to my QQQQ position this morning, 75%acct val. in puts
Sure sounds like it …
Moderators – is this the real Zee ? so much spam like yahoo boards …
If you really have decent predictions – give a reason for what you see and stop impersonating another person’s name … use your own name !!
No good reason to short. Drops are all buying opportunities with high beta stock – daytraders only.
Long RDN, CMI, gdxj, teva, and wlt. These are all powerful day trading stock.
Idan,
Might give JCP a look for a short, seems toppy and ready to fall to me, a similar consolidation as the PCAR move you are already in.
I am still sitting on a multi-day TXT short, similar to your UTI has lots of continuous down potential.
Good luck and keep up the good work!
yup i see it too, great work out there.. i’m following your blog every now and then.
Idan,
Looking at the airlines and noticed how DAL didn’t participate in the rise of CAL & UAUA did earlier this month. Both those 2 names have dipped since then. I see DAL possibly ready to drop here.
Thoughts?