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Archive for the 'Metals & Mining' Category

Journal Entry Week of January 5 2009

Magazineline.com FAS plenty of room to the upside. Create long basket with this. MBI breakaway gap? Watch AGM, ACI SKF break below $100 pending…. CSUN watch closely DRYS target $18.50 EBAY – S2 in place, shallow but potent target ~$20. N/L ~$15.30 AAPL, GOOG multiple b/o’s. Watch for shakeout/recovery. MCHP, MRVL, NVDA, RIMM rally in progress [...]

Journal Entries of a Proprietary Equity Trader….

Magazineline.com Week of Nov. 24 FRI: Is it a coincidence Oil & Gas bottomed on election day? DFG- Trgt’s 13.50, 14.50, 20 DIG- $50 Tech leading this charge. Tier 2 Stocks: BRCM- 2x bottom near completion. Bullish volume. TD buy signal, d-SAR Long. Breakout >18. EBAY- Recovered secondary trendline. Mulitple buy signals. Above 13.70. Trend [...]

Will the Chinese Stimulus Package Lift Stock Markets Around the World or Just Chinese Stocks?

Magazineline.com Market’s appear strong overnight. Around 16 handles at 9:30pm EST. SPX resistance at 950. If market opens around 950 on the cash index, fade the gap up using SDS & SSO (short), DXD/DDM. Experiment with trading just one ETF class with larger size.  On the long side, stock selection is key. I want to [...]

Post-Election Trading Strategies in US Stocks

Try Match.com – One Week Free Week of November 10 Still bullish on the market but defensive in nature. Not putting myself out there for anything, in either direction. Take trades for the time being and generate cash flow. When the rally comes, it’ll be obvious. TRIN behaving very bullish all week, spending Wed & [...]

Election Week Stock Market Views

Free 10GB Photo Storage in the Cloud Week of November 3 THUR- Heavy volume on the sell-off. Market’s spooked by the lopsided gov’t. As expected, but didn’t exploit. Monitor airlines for entry levels (see below).  Many charts look like gaps from Tuesday were closed. Only problem is volume expanding across the board. So many charts [...]

Journal Entries of a Professional Stock Operator

Try Match.com – One Week Free Week of October 27th: Wed p.m.- Yesterday, markets rallied 880 points. Today, a 300 point rally reversed to close almost flat. This is a very bullish sign. The euphoria became excessive because we had rallied almost 20% in 2 days. So the late day reversal was a definite shakeout [...]

Understanding the Big Picture Behind the Financial Meltdown of 2008

Magazineline.com “We’re going to see five hedge funds fail for every bank, maybe more,” A moment of reckoning for many hedge funds may come at the end of this month, when their exposure to credit default swaps must be “marked to market” to reflect the increased obligations at the end of the third quarter. Olivant, [...]