Sun Tze
4:40 pm
Since UTI short position was mentioned by Idan several times, I would like to update people on this position. This position was closed on Friday of last week. We got stopped out at $23.00. We entered the short position on March 16th at $26.34. Total gain on this position is 14.52%.
Here is the INO analyzer score for all the commodities and stocks we mentioned during intraday.
JPM (+100), Crude Oil (+100), and Natural Gas (-55)
To get more scores, just click to register with the free analyzer:
http://www.ino.com/info/114/CD4204/&dp=0&l=0&campaignid=12
Daniel Shporin
10:43AM
Nat Gas broke last week’s high and so did oil. I’m not holding any positions at this point, but will continue to look long breakouts on daytrades for both energies.
8:51AM
Good morning to all! As always, I’m excited that the weekend is over and that the markets are open again. Is there any other profession that can say the same?
I have a daily chart below of oil and nat gas.
Oil has broke out and has even made a new high in the overnight session. For now the trade is and continues to stay: LONG.
Nat Gas may have put in a bottom last week. We had a nice healthy green candle on the daily accompanied with the highest volume we’ve seen since all year. Last Thursday’s high was 4.157, I’ll be long if we break out.
JPM daily looks like it’s either going to break north or south. If it breaks above my red line, I expect a lot more strength. If it breaks below my blue, I expect a lot of weakness… this is a great opportunity to swing trade this stock:
Apple to Preview New IPhone OS This Week
http://www.pcworld.com/article/193460/apple_to_preview_new_iphone_os_this_week.html
————– IOC —————– looking like a reversal candle at the DAILY 80 SMA …….. $69.20 is the intraday price line imo.
BBs on the 30minute are very narrow. this should make a decent move soon. trading on the 20sma 30 minute
———– BPL ————— toppy looking candle but looks to close above resistance. further, all indicators say GO.
beliee it can push a bit higher without pulling back. OIL SERVICES should not suffer with prices strong and the possibility
of looser drilling rules. these guys move NG so they benefit based on demand not price.
PCX just printed HOD and 52 wk high 22.3899
if you like a COAL PLAY ……….. ACI looks to have more room to run
Re entered at break of high 22.15 sold at 22.37 which was previous high of 1/11 I’ll rejoin if it gets above that..
Yes – have been watching this one PCX carefully …
chart is better than ACI – as ACI could be forming a H&S vs PCX seems to be trying to break out of cup and handle pattern – only hitch in my head is SP is at 20 …
LOOK AT THE DAILY. .. ACI ….. FULL STOCHASTIC. each time it has curled up from this point
it rallied hard. also, consider that PE in PCX is lower but ACI gives a dividend. MACD DAILY ACI currling
up at the zero line upper BB is $2 away.
PCX full stochastic daily is already in overbought territory. this is why id prefer ACI today.
Richard – thanks for sharing your thoughts … helped me understand why you chose ACI … I didn’t enter today … so probably tomorrow…
hmm, VIX moved from 17.18 to 17.31 in a matter of minutes
JOEZ trying to continue B/O
They have earnings this week so be carefull
Gap fill from 2005 at 3.10
Gosh, who’s been buying LVS on the dip? Now almost HOD again.
look at HOG too. this is beyond insane. sudden demand for HARLEY? how on earth does this
happen. find them stocks with short interest and hit em with a bid i guess.
wow …
Actually, just did a scan on finviz, float short > 15% and these three popped up…HOG, LVS and X. Funny X was on my buy list last week, thought it ran too far and yeesh, up nicely today, so is SLX, steel etf.
You think LVS up over 9%, you take profits, no still going strong at 9.72%. PCX still chugging.
Tell me about it … I sold my X Apr 60 call at 4.45 last week … its at 8.50 now :O
Sorry…don’t look back…the market will always be there…
———– YOU COULD HAVE WENT LONG ALMOST ANYTHING FRIDAY AND CAME OUT A WINNER ———–
my CALLS in BPL are 300% gainers………….. however, thier is limited demand. somone just sold a few contracts
premium free in the past hour. may have to do the same when i want to unload.
or THURSDAY or WEDS or TUES or last MONDAY or last month or last year.
VALE, jurnior miners i.e. ABX, GLD not moving much, their turn tomorrow?
———– PPD ————- has garnered some negative attention of late. took some MAY 40 PUTS ………..
put up the daily chart with 20 40 80 SMA DAILY ……… you can see the 20 40 pointing lower under the 80
this is quite bearish considering prices failed to rally above the 20 on such a bullish day.
Started a blog folks… http://marksmarketanalysis.blogspot.com/
I will give my own commentary and news as appropriate.
subscribed…Thanks for posting the link
SNSS up to february resistance
TZA- out @ 6.69. Avg cost basis was 6.66 (3K shares). Happy to eke out a minuscule win on this thing all things considered.
big boys might be into full swing tomorrow for more short squeeze to finally bring this thing to 11K.
really, it should not be hard to, only about 35 points more…perhaps overnight. You’re brave buying short etfs…and nice that you made money..
I had no intention of holding this. Purely planned to day trade this thing. been hurt before with SRS/FAZ and other leveraged ETFs. I was starting to sweat on my original position before I tripled my position. All guts at that point and reckless.
Looks like I got out right in time. Also, I heard from either CNBC or Bloomberg, that retail investors are slowly moving from bonds into small caps and high dividend yielding stocks.
BPL fits the bill for high dividend. if this 6% yield catches the right eye my remaining 4 contracts at $0.50 could be worth $5 each
Got an email, there are worth buying per high dividend…CVX, PNY, KMB, MKC and VZ. Have none of these, though I have T for my son’s college account. T has a high dividend as well.
T still has that drag of the Iphone launching a VZ serviced phone. All these big Dow component names that have lagged the market–XOM, CVX, MRK, etc. I think if buyers come in (retail investors?), this will cause overshooting Dow 11K. They could be the final pieces of the puzzle. That may be the ultimate plan, finally get the retail investors in, then sell off double digit %age. But who really knows.
Nice trade on this one. Looking at my indicators, I think this may have some more upside esp. with oil continuing to move up.
———– BPL —————– nice move into the close. im going to try to unload a couple of my CALLS ……….. in at $0.50 ………. out at $2.00 ??
this will put my trade as a guranteed winner. if someone can buy these pretty much premium free.
took $1.90 ……. 2 of 6 …………… $300 cost ………… out of 2 for $380 ……… covers all .
Nice one
– your long plays do so well 
i should just SCREW shorting and pile into larger long positions as im hitting almost 100% to the ones i hold more than a few days. others im stopped out for very small losses. ive banned myself from DANERIC, COBRA, ZEROHEDGE and all other bear bias sites for now. need to stay balanced and use my 20 40 80 SMA DAILY system to take trades with little thought about my feelings for the future of the commerce world.
LET US SEE IF IM RIGHT ……….. will ACI outperform PCX this week ??
——— ACI ———– in the MAY 24 CALLS
you can see back on the DAILY CHART that $24.50 was a gap down area so big resistance here. getting
over this area early this week should lead to a nice move imo.
bought 1000 TZA @ 6.59
I’m still in as well. GL
GL to you both! I’m too much of a chicken to hold this thing overnight.
TZA COME ON! HOLDING FROM $6.66.
FWLT- will take a shot at this one. Bought May 30 calls for $1.55. Up again on decent volume.
Thanks …will look at this tonight or tomorrow a.m.
———–BZH—————- + 6.8% ……………………… welcome to the retardo world of stock trading . im long this POS.
will i get my head handed to me?
Woo – hit your tgt on TNA – short now or wait ?
just crazy haha. I had that $59 TNA projection since February and it finally hit…
I would only take a test short position, until it’s below the major trend line, it’s not a recommended short candidate.
if you guys look back at my TNA chart my exacty fib projection was 59.17….and guess what the high for the day was? 59.17! tonight i celebrate with some beer =)
As always, great job woo. I’m not able to access this site through work for some reason so I only post from home.
Awesome call Woo !!!!
Dang BEXP to do a 13 million share secondary Should dip down tomorrow
I’m out of Nat Gas for a 10% gain. If there is a pull back I may get in again.
Still holding puts on TD.TO, I’ve added TCK.B.TO puts and SU.TO puts. today. I’m expecting a 5% correction before we go higher.
——— RAN MY CHARTS……….. WATCHLIST ————– FOR TOMORROW………… LONG – VSH – ??
Idan – pls can we get the font size on the site fixed – really really tough to type and read ….
Hey Anjali,
Yea we are working on it. Sorry about that.
one more percent to the up side maybe more to scare out the shorts, like we are not scared crapless already.
volume looks like the day before a 10 week holiday.
Massey Energy Coal mine explodes and kills at least 7 That should affect some of the coal and NatGas stocks Prayers sent their way
Welp still in my FAS since we didn’t hit my magic number of 103 to bail. Tomorrow will be the tell all day. I still cannot shake the instinct the market is about to take a few big red days. Certainly no end of the world retracement but a good 5-10% swish down over a couple days should be around the corner.
then let it be, but give me the smarts to get out if that is all we get.
Keep dreaming nuttin gonna stop this freight train! The train to paradise just keeps a chuggin up up and away!!
Now the font size should be fine. Post more guys
SSN, a small wildcatter hit a good well Up 18% in AH