352
among other things, HOT has a poss bear continuation pattern: falling methods, a 5 day pattern, this would be day 4
350
shorting HOT here 5825
345
took profits, out of CLX, 6862 vs 7008
339
NFLX has woken up a little here after sleeping all afternoon
330
i'm taking profits in CLX today b4 the close, whether stopped out or not,,its spent awhile up here after breaking 70 and hasnt moved much,,,may want lower first
141
stop raised on CL to 70.07 if that breaks will take profit and look to reenter, 7025 last
100
*JJC not jcl
1259
JCL copper MACD hist 60m ready to cross over 0
1259
copper moving higher, JCL
1224
TBT is an early entry, half size, i believe charts sugg tbt will break the Downtrend resist line from Feb to move higher
1222
bear wedges will often blast higher in one last rally and then fall hard, so waiting
1221
it looks like SLV is forming a bear rising wedge daily,,,hence this chop around,,still waiting for entry to add 2nd half of short, no entry yet
1211
tbt 37.26, back in again
1201
60m macd line on BAC, rising bullishly still
1116
long NFLX here 235.40,,, will go long and then maybe reverse short, looks like another move up b4 its shortable so going long now
1056
if spx moves lower to 1320 it will prob hold on first hit and bounce up
959
newly entered RCL short yest at 1.5% roi,,,holding for lower swing targets
947
spx spy, has the FIRST 15min stoch move down on spy i was talking about yesterday,,, still needs a second one,,,see what happens when stoch gets over 80 again,, i dont personally trade based exclusively on stoch, this is just a simplified view
945am
Many are looking to short spx,,,,i see no spx swing short setup yet
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
Thursday, March 31, 2011
Wednesday, March 30, 2011
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
Wedn ramblings
348
just exited msft, breakeven,,didnt move that one,,,may reenter later but many other better ops imo
343
i'm taking off my TNA today to lock profits
340
BGCP woke up,,,920 to 940 on last bar
331
stop 2557 on msft for a 6 cent loss if stopped out, and i will exit msft long today, dont like its non-participatory action
318
i had planned to hold CBG overnite but it hit support and is in daily uptrend so taking the quick 2% profit and will look to reenter on bounce,, i mentinoed that this might happen,, usually the stock will bounce on first supp test if its in uptrend
314
out of CBG and will look to reenter
259
as AMD goes higher,, the power of diversification short long in individ stocks
258
wow CBG on the move down here now
250
the same setup pushed TNA up 12% in 3 days
249
15min es has bull asc triangle 5/15 MA Mov average setup,,,often results in a move higher even if prices fall below the 15MA, timeframe 1-12 hours
239
fwiw,,,stocks with volume over 1million shares per day,,,there are about 100 "short candidtates" but nearly all of them say "wait to short,,,higher poss"
235
RCL daily since march has bear desc triangle,
155
CBG short from today still valid, 0.75% roi atm,,,watching for stalls,,its at its scalp trgt 1 but not swing trgt
150
small bear shoot star 60m ES but its small and they often retest higher,,but its something to watch
141
lim sell msft 26.23 under the 26.40 trgt if it can hit .23 today, last 25.71
129
stop on half of AMD at 8.78 for small 1% profit,,,this is meant to reduce risk moer than take profits,,,i entered twice in AMDa
114
:) stopped out AMZN .73,,,,profits locked,,,will look for reentry in hours not minutes,,, 180.73 vs 172 for 8.73 profit
109
AMZN hit my trgt but choosing to use manual trailing stop in case it goes higher, instead of taking the limit fill
108
.48 stop
104
180.22 sstop amzn, raising it,,just riding higher w tite stop as its so close to trgt
1250
i see higher AMZN but this is high enough,,,will look to reenter if stopped out
1249
179.81 amzn stop in place to protect profits from 172 entry
1241
CBG short will prob require exit first time small profit then re-enter,,,typical of shorting a stock in a daily uptrend,,,will prob exit then reenter,,the second entry should provide better roi but positioned short now in case of big move down on first try in coming days
1238
cancelled PFE short order, never filled,,,took CBG instead with a similar chart pattern
1228
from 172 and 170 entries
1227
180.80 AMZN i will sell,, a lil below the 181 trgt,,,and will look to reenter later, last 179.82,,almost there
1222
SHORTED here CBG 27.83 swing
1200
tightening stop on TNA posted Wedn at 77.03 now at 86.45 to protect profit in case of sudden downmove, 12% roi atm
1125
also looking for entries short in WMT and HPQ but not ready yet imo,,that strategy would be shorting the bounce in a stock in downtrend
1122
i will lim short PFE 21.08 if able, last 2043,,this strategy is shorting a stock in an uptrend, vs shorting bounce of downtrend stock so waiting to short at higher swing trgt if able
1118
on the DOW, the PFE is getting close to a shortable setup here i think,,,its chart is similar to HRB hr block tax
1113
the "bull asc triangle 5/15 moving avg setup is pretty cool,,,cuz allows u to buy BELOW the mov avg and get good prices,,,on that pattern a violation of the mov avg isnt necesarily bearish
1112
today, KO broke to a new daily high over 6600 at 6630ish,,,will be watching to see if this moves sustains or fails,, if it fails then i'll likely short KO but will wait for now as officially its broken resist higher
1102
on 15min chart
1101
AMD is in early stage of forming another one of those "bull asc triangle 5/15 moving avg setups" that we've been seeing in various stocks these last days
1059
BAC is at resist here,,,,larger pos or scalpers would take 2% profits on some of it,,,swing trgts are higher
1058
1332 is one trgt for bull flag in spx on break of daily high
1038
btw,,, silver has been more volatile than spx,,,making larger moves
1037
SILVER just took a dive,,, it "should" bounce and allow to add to short position, else will just run with existing shorts
1036
i'm not sure if AMD chip processors are outperforming INTC intel but i expect the AMD stock to outperform INTC
1034
AMD daily is in a coil sym tri which is getting v tite,,,expecting a breakout higher over 895 to 940, then 1025
1007
(simplified view): IWM, russell,, tna,,, i dont think they will go down signific before 2 full round trips on the 15min stochastics chart 14,3,3
1004
silver is approaching a re-shortable setup,,,still baking not ready yet,,, still like HRB shorts hr block tax
1000
SPX just hit my 1327 trgt from last week but ,,,could go higher, no short setup swing for me yet
943
CLX now holding over 70 after yest marginal break, last 7035 still long there too awaiting targets
940am
AMZN has gapped up nicely this morning, up over 2% this AM, roi at 3.6% ,,still holding long
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
just exited msft, breakeven,,didnt move that one,,,may reenter later but many other better ops imo
343
i'm taking off my TNA today to lock profits
340
BGCP woke up,,,920 to 940 on last bar
331
stop 2557 on msft for a 6 cent loss if stopped out, and i will exit msft long today, dont like its non-participatory action
318
i had planned to hold CBG overnite but it hit support and is in daily uptrend so taking the quick 2% profit and will look to reenter on bounce,, i mentinoed that this might happen,, usually the stock will bounce on first supp test if its in uptrend
314
out of CBG and will look to reenter
259
as AMD goes higher,, the power of diversification short long in individ stocks
258
wow CBG on the move down here now
250
the same setup pushed TNA up 12% in 3 days
249
15min es has bull asc triangle 5/15 MA Mov average setup,,,often results in a move higher even if prices fall below the 15MA, timeframe 1-12 hours
239
fwiw,,,stocks with volume over 1million shares per day,,,there are about 100 "short candidtates" but nearly all of them say "wait to short,,,higher poss"
235
RCL daily since march has bear desc triangle,
155
CBG short from today still valid, 0.75% roi atm,,,watching for stalls,,its at its scalp trgt 1 but not swing trgt
150
small bear shoot star 60m ES but its small and they often retest higher,,but its something to watch
141
lim sell msft 26.23 under the 26.40 trgt if it can hit .23 today, last 25.71
129
stop on half of AMD at 8.78 for small 1% profit,,,this is meant to reduce risk moer than take profits,,,i entered twice in AMDa
114
:) stopped out AMZN .73,,,,profits locked,,,will look for reentry in hours not minutes,,, 180.73 vs 172 for 8.73 profit
109
AMZN hit my trgt but choosing to use manual trailing stop in case it goes higher, instead of taking the limit fill
108
.48 stop
104
180.22 sstop amzn, raising it,,just riding higher w tite stop as its so close to trgt
1250
i see higher AMZN but this is high enough,,,will look to reenter if stopped out
1249
179.81 amzn stop in place to protect profits from 172 entry
1241
CBG short will prob require exit first time small profit then re-enter,,,typical of shorting a stock in a daily uptrend,,,will prob exit then reenter,,the second entry should provide better roi but positioned short now in case of big move down on first try in coming days
1238
cancelled PFE short order, never filled,,,took CBG instead with a similar chart pattern
1228
from 172 and 170 entries
1227
180.80 AMZN i will sell,, a lil below the 181 trgt,,,and will look to reenter later, last 179.82,,almost there
1222
SHORTED here CBG 27.83 swing
1200
tightening stop on TNA posted Wedn at 77.03 now at 86.45 to protect profit in case of sudden downmove, 12% roi atm
1125
also looking for entries short in WMT and HPQ but not ready yet imo,,that strategy would be shorting the bounce in a stock in downtrend
1122
i will lim short PFE 21.08 if able, last 2043,,this strategy is shorting a stock in an uptrend, vs shorting bounce of downtrend stock so waiting to short at higher swing trgt if able
1118
on the DOW, the PFE is getting close to a shortable setup here i think,,,its chart is similar to HRB hr block tax
1113
the "bull asc triangle 5/15 moving avg setup is pretty cool,,,cuz allows u to buy BELOW the mov avg and get good prices,,,on that pattern a violation of the mov avg isnt necesarily bearish
1112
today, KO broke to a new daily high over 6600 at 6630ish,,,will be watching to see if this moves sustains or fails,, if it fails then i'll likely short KO but will wait for now as officially its broken resist higher
1102
on 15min chart
1101
AMD is in early stage of forming another one of those "bull asc triangle 5/15 moving avg setups" that we've been seeing in various stocks these last days
1059
BAC is at resist here,,,,larger pos or scalpers would take 2% profits on some of it,,,swing trgts are higher
1058
1332 is one trgt for bull flag in spx on break of daily high
1038
btw,,, silver has been more volatile than spx,,,making larger moves
1037
SILVER just took a dive,,, it "should" bounce and allow to add to short position, else will just run with existing shorts
1036
i'm not sure if AMD chip processors are outperforming INTC intel but i expect the AMD stock to outperform INTC
1034
AMD daily is in a coil sym tri which is getting v tite,,,expecting a breakout higher over 895 to 940, then 1025
1007
(simplified view): IWM, russell,, tna,,, i dont think they will go down signific before 2 full round trips on the 15min stochastics chart 14,3,3
1004
silver is approaching a re-shortable setup,,,still baking not ready yet,,, still like HRB shorts hr block tax
1000
SPX just hit my 1327 trgt from last week but ,,,could go higher, no short setup swing for me yet
943
CLX now holding over 70 after yest marginal break, last 7035 still long there too awaiting targets
940am
AMZN has gapped up nicely this morning, up over 2% this AM, roi at 3.6% ,,still holding long
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
Tuesday, March 29, 2011
Tues thoughts
439
BAC,,,daily bull hammer today at the bottom of a trend down
420
ES is now exactly under its 60min trendline #3, resist holding on that line (line starting on feb 21 hi and connecting all highs wicks)
414
SPX is bullish as long as daily MACD hist continues rising,,also the macd line itself is almost ready to cross above 0,,with hist already over 0
356
1307 ES will likely hold on its first test if it goes there tonite, last 1314
346
BGCP finally put in a big 60min candle, still holding for higher swing trgts
340
CLX 60min BB trgt would be 7050 (50 cent range in BB)
337
60min ES has a bull W
322
CLX has FINALLY broken 70.00,,,last 70.10,,,LOL slow going but going,,, stall near .11 expected, maybe .22
319
HRB not participating in rally, good for shorts there,,,tho some pain on the HOLX shorts,,still holding the longs in AMZN AMD BGCP BAC MSFT
303
spx now has bear diverg on 3min, but they are not v strong,,still see higher spx but watching bear div
256
BAC has broken higher over 15min resist and must now break out of the bull falling 60min wedge in order to climb to the 60min DTL resist line, 1330 last BAC
255
LOL this CLX 70.00 is something else,,continues to hit 70.00 without break higher,, "someone" is selling up there but not "desperate" to sell any lower,,,when they've finished it should pop higher,,else still have the .72 stop in place to protect profit
241
BAC is at bottom of 60m channel and may bounce b4 more downside
209
long BAC 13.25 again
202
BUY alert intraday, triggered spx 1316
158
15min spx has bull inv HS which just so happens to measure close to the horizontal resist # of 1327, last 1315
148
70.11 stall is likely on first breach of 70.00 on CLX,,,will watch reaction if can get over 70
101
to me, 60min spx can continue sideways up another 4 hours,,,just watching supp and resist levels to see if hold or break lower
1252
on the dow, i'm looking at these to short, but none are ready yet imo, hence my non-dow short entries: AXP BA GE HPQ KFT KO MRK PFE PG UTX VZ WMT,, some may have another 2% or more to rise first
1238
added AMD 8.58 here long, 2nd entry, avg cost
1231
may add to the HRB short position later today, unsure, its near entry price atm
1230
60m clx remains bullish, still holding long for the break, with tightened stop still at .72
1229
15min CLX is forming a triple top: can it break 70 higher on this next try?
1156
1308 spx horiz resist broke higher, next 1328 spx horiz resist
1153
also on spx daily, spx has broken over the daily downtrend line from 1344 hi to 1311 hi with 4 touches b4 the break,,altho the break higher is marginal and need to watch to see if it sustains or is headfake,,but for now its broken daily with rising daily macd hist still
1139
CLX stop now 6968,, either holds .74ish or i'm out and look to reenter
1134
exited AEA,,small profit only 0.5%,,,i entered too early, too high, so taking the gift to exit here without loss
1117
raising CLX stop to 69.46,,will take small profit 1.02%ish if stopped out, while waiting on higher 4-6% trgts
1107
long term since august its poss amzn is forming a bear rounded top so will need to watch and take profits at swing stalls
1104
* HAS broken out
1104
amzn 176 is next trgt, then 180, then 190,, amzn is breaking out of a multi month downtrend
1048
AMZN is now at swing trgt 1,,,will hold for higher trgts, 174.12 last
1046
trying long copper JJC 57.64 here swing,,,after waiting 3-4 days
1029
CLX has been pushing against 70 for 6 days now,,,thus far R has held but expecting it to break higher to 72
1025
60min SPX trendline support uptrendline has held test,,charts say to me one more bnc b4 swing short
1021
ES spx should stall here a bit, pullback may present long opp, 131.20ish spy last
954
i may exit TEVA for 1.5%ish profits and look to reenter,,,been stuck here a few days,,,usually it will pivot higher after such,,but if .72 breaks then i'll exit, stop at .72
952
AMZN has a huge green candle this morn,,i remain long for now
951
the daily 60m 15m chart pattern on SPY will often present an opp to go long, usually requires 1-4 more hours of work
947
AEA is also up 1.4% from yest
946
AMZN is bucking the opening spx down move,,, amzn up 1.25% ($2) vs spy down 0.34%, an illustration example of how trading individ stocks differs from trading the indices
9:12am
GM
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
BAC,,,daily bull hammer today at the bottom of a trend down
420
ES is now exactly under its 60min trendline #3, resist holding on that line (line starting on feb 21 hi and connecting all highs wicks)
414
SPX is bullish as long as daily MACD hist continues rising,,also the macd line itself is almost ready to cross above 0,,with hist already over 0
356
1307 ES will likely hold on its first test if it goes there tonite, last 1314
346
BGCP finally put in a big 60min candle, still holding for higher swing trgts
340
CLX 60min BB trgt would be 7050 (50 cent range in BB)
337
60min ES has a bull W
322
CLX has FINALLY broken 70.00,,,last 70.10,,,LOL slow going but going,,, stall near .11 expected, maybe .22
319
HRB not participating in rally, good for shorts there,,,tho some pain on the HOLX shorts,,still holding the longs in AMZN AMD BGCP BAC MSFT
303
spx now has bear diverg on 3min, but they are not v strong,,still see higher spx but watching bear div
256
BAC has broken higher over 15min resist and must now break out of the bull falling 60min wedge in order to climb to the 60min DTL resist line, 1330 last BAC
255
LOL this CLX 70.00 is something else,,continues to hit 70.00 without break higher,, "someone" is selling up there but not "desperate" to sell any lower,,,when they've finished it should pop higher,,else still have the .72 stop in place to protect profit
241
BAC is at bottom of 60m channel and may bounce b4 more downside
209
long BAC 13.25 again
202
BUY alert intraday, triggered spx 1316
158
15min spx has bull inv HS which just so happens to measure close to the horizontal resist # of 1327, last 1315
148
70.11 stall is likely on first breach of 70.00 on CLX,,,will watch reaction if can get over 70
101
to me, 60min spx can continue sideways up another 4 hours,,,just watching supp and resist levels to see if hold or break lower
1252
on the dow, i'm looking at these to short, but none are ready yet imo, hence my non-dow short entries: AXP BA GE HPQ KFT KO MRK PFE PG UTX VZ WMT,, some may have another 2% or more to rise first
1238
added AMD 8.58 here long, 2nd entry, avg cost
1231
may add to the HRB short position later today, unsure, its near entry price atm
1230
60m clx remains bullish, still holding long for the break, with tightened stop still at .72
1229
15min CLX is forming a triple top: can it break 70 higher on this next try?
1156
1308 spx horiz resist broke higher, next 1328 spx horiz resist
1153
also on spx daily, spx has broken over the daily downtrend line from 1344 hi to 1311 hi with 4 touches b4 the break,,altho the break higher is marginal and need to watch to see if it sustains or is headfake,,but for now its broken daily with rising daily macd hist still
1139
CLX stop now 6968,, either holds .74ish or i'm out and look to reenter
1134
exited AEA,,small profit only 0.5%,,,i entered too early, too high, so taking the gift to exit here without loss
1117
raising CLX stop to 69.46,,will take small profit 1.02%ish if stopped out, while waiting on higher 4-6% trgts
1107
long term since august its poss amzn is forming a bear rounded top so will need to watch and take profits at swing stalls
1104
* HAS broken out
1104
amzn 176 is next trgt, then 180, then 190,, amzn is breaking out of a multi month downtrend
1048
AMZN is now at swing trgt 1,,,will hold for higher trgts, 174.12 last
1046
trying long copper JJC 57.64 here swing,,,after waiting 3-4 days
1029
CLX has been pushing against 70 for 6 days now,,,thus far R has held but expecting it to break higher to 72
1025
60min SPX trendline support uptrendline has held test,,charts say to me one more bnc b4 swing short
1021
ES spx should stall here a bit, pullback may present long opp, 131.20ish spy last
954
i may exit TEVA for 1.5%ish profits and look to reenter,,,been stuck here a few days,,,usually it will pivot higher after such,,but if .72 breaks then i'll exit, stop at .72
952
AMZN has a huge green candle this morn,,i remain long for now
951
the daily 60m 15m chart pattern on SPY will often present an opp to go long, usually requires 1-4 more hours of work
947
AEA is also up 1.4% from yest
946
AMZN is bucking the opening spx down move,,, amzn up 1.25% ($2) vs spy down 0.34%, an illustration example of how trading individ stocks differs from trading the indices
9:12am
GM
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
Monday, March 28, 2011
Monday thoughts
331
sold short HRB here swing , 16.71,, been watching 3 days
326
Apr 1 at 8:30 AM Nonfarm Payrolls
257
3min has bull divergences on it tho not strong ones, for intraday into close, as long as daily lows hold
228
the other day i suggested that VIX SPX would begin to get smaller range candels, we are seeing that now
143
re-shorting HOLX again 21.89
133
still waiting for entry to re-short NFLX,,,no setup yet for me
1255
exited scalp es small profit
1158
took profits on AMGN short and will look to reshort again later
1147
did es 1309.75 long via sso here 52.34, scalp swing combo,small pos
1112
cancelled msft add more,,,never got a fill,, still is good long at that price but bought AEA instead for now
1105
reentry long AEA again, 505
1055
heavy selling here ES intraday,,,watching reaction at supp test here 1312 last
1051
amgn is down 0.67% today despite spy up 0.4%,,,will hold short amgn at least until 60min bull candle comes, at 1.3% roi atm
1039
multiple positions in spwra have given about 30% roi in last 2 weeks,, will look to reetner again later if able, else will run with existing half position
1039
taking off half SPWRA here for 8% roi, holding other half
1017
still holding swing short AMGN at about .90% roi atm
1015
msft here 2568 is buyable long imo, but already have some so only want to add at next lowre supp level
1014
stops set on longs in CLX TBT TEVA to protect profits in case of a sudden downmove
1011
swing,,,i will add more msft lim 25.47 for buy # 2 if able, if not filled then will just go with existing long position
936
lim sell CLX 71.97 to take profits around 4.6% if filled,
last 69.96 at 2% roi atm
932
GM
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
sold short HRB here swing , 16.71,, been watching 3 days
326
Apr 1 at 8:30 AM Nonfarm Payrolls
257
3min has bull divergences on it tho not strong ones, for intraday into close, as long as daily lows hold
228
the other day i suggested that VIX SPX would begin to get smaller range candels, we are seeing that now
143
re-shorting HOLX again 21.89
133
still waiting for entry to re-short NFLX,,,no setup yet for me
1255
exited scalp es small profit
1158
took profits on AMGN short and will look to reshort again later
1147
did es 1309.75 long via sso here 52.34, scalp swing combo,small pos
1112
cancelled msft add more,,,never got a fill,, still is good long at that price but bought AEA instead for now
1105
reentry long AEA again, 505
1055
heavy selling here ES intraday,,,watching reaction at supp test here 1312 last
1051
amgn is down 0.67% today despite spy up 0.4%,,,will hold short amgn at least until 60min bull candle comes, at 1.3% roi atm
1039
multiple positions in spwra have given about 30% roi in last 2 weeks,, will look to reetner again later if able, else will run with existing half position
1039
taking off half SPWRA here for 8% roi, holding other half
1017
still holding swing short AMGN at about .90% roi atm
1015
msft here 2568 is buyable long imo, but already have some so only want to add at next lowre supp level
1014
stops set on longs in CLX TBT TEVA to protect profits in case of a sudden downmove
1011
swing,,,i will add more msft lim 25.47 for buy # 2 if able, if not filled then will just go with existing long position
936
lim sell CLX 71.97 to take profits around 4.6% if filled,
last 69.96 at 2% roi atm
932
GM
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
Friday, March 25, 2011
Friday thoughts
349
a close under 1305 ES would be bearish
348
ES is now at 60min horiz supp and trendline supp but of course we close in 12min
327
took 1% scalp profit on part of amgn,,will still hold rest as swing,for now
326
60min es trendline supp at 1307, and ES 1309 may find buyers
323
AMGN has one more trendline to break, the stronger daily one,,,if that happens in coming days then it should see 5100,,last 5303
313
AMGN has broken support :) but now watching to see if it can sustain or not for short,,,5318 last
253
AMGN is NOT moving up with spx dow spy here on this lil rally,,,so far so good on the AMGN short
202
i'm expecting AMGN to break its 15min uptrend support line,,,if it does not break it but holds then i'll likely exit this today with a small profit and look to reenter short,,,else will hold for swing
144
expecing TBT to break over its mid boll band like TEVA did, the 2 charts are very similar daily charts
143
its going slowly but TBT is managing to advance, broke yest hi but still at resist here,,needs to break over it,,,,lower tlt treasuries is same as higher tbt,,,
134
shorted AMGN 5349,,,under .70 trgt, a few less shares due to premium price paid
118
lim short AMGN 5370 last 5350
1232
sliver just dropped about 20 cents in last minutes SLV
1146
BGCP bull pennant, watching for break higher, 60m chart
1136
now looking for a SHORT entry in BAC,,no entry yet,,,waiting for the xlf to weaken and then will prob short BAC
1125
CLX may break out today, tying rite now, trgt on 60m chart is approx 1.30 points to 71.00ish, 69.83 last, still long from 6862 at 1.75% roi atm
1116
MSFT now has the same 5/15 pattern on its 60min chart,,,because its on 60min, a larger pullback first is allowed, followed by a larger upside breakout
1114
the pattern just hit its first trgt,,watching to see if goes higher or pulls back now
1112
On SPY SPX,, yesterday i mentioned the bullish asc triangle in the 5/15 moving averages, same setup as last friday in russel tna,,,today we are seeing follow thru once again on that pattern
1111
174.40 initial amzn trgt, then 176,,,last 17335
1104
msft 2566 long.close enough to .62 trgt,,re-entry after taking profit yest
1102
lim sell amzn 175.94 under the 176.20 stretch trgt if it hits that today, and then may re-enter again
1056
SPWRA is stuck, not moving at all here but is in a nice bull asc triangle daily,,,holding longer, at 4.3% roi for now
1049
ES is now near that "3 pt trgt" now but still no short re-entry
1044
looking for an entry to short NFLX again,,,but still waiting for entry,,may need another 4-20 trading hours b4 setup
1036
AMZN: same trgt as yest to start
1034
lim buy back MSFT 25.62 (re-entry after taking profit yest),,,may not get a fill, wont chase msft as there are other opps
1029
3min chart trgt is about 3 ES points higher from here
1027
TEVA long could work here for swings multi day/weeks, at 50.00,,,i'm not adding since already have a pos from lower
1022
out of SPY shorts,,,,taking small profit on SPY short,,,covering here,,,will reenter later,, from 130.60 AH fill yest short
1006
re-entering AMZN long 172.03 here,, (took profits yest, reentry,,think AMZN will meet its 2nd trgt)
trading individ stocks is diff than trading the SPX DOW indices,,,can always find longs and shorts in individ stocks
952
long AMD 8.85
942
EUO has gapped up nicely this morn due to weaker euro stronger dollar,,still a lot of work to do tho to break out higher
921am
GM
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
a close under 1305 ES would be bearish
348
ES is now at 60min horiz supp and trendline supp but of course we close in 12min
327
took 1% scalp profit on part of amgn,,will still hold rest as swing,for now
326
60min es trendline supp at 1307, and ES 1309 may find buyers
323
AMGN has one more trendline to break, the stronger daily one,,,if that happens in coming days then it should see 5100,,last 5303
313
AMGN has broken support :) but now watching to see if it can sustain or not for short,,,5318 last
253
AMGN is NOT moving up with spx dow spy here on this lil rally,,,so far so good on the AMGN short
202
i'm expecting AMGN to break its 15min uptrend support line,,,if it does not break it but holds then i'll likely exit this today with a small profit and look to reenter short,,,else will hold for swing
144
expecing TBT to break over its mid boll band like TEVA did, the 2 charts are very similar daily charts
143
its going slowly but TBT is managing to advance, broke yest hi but still at resist here,,needs to break over it,,,,lower tlt treasuries is same as higher tbt,,,
134
shorted AMGN 5349,,,under .70 trgt, a few less shares due to premium price paid
118
lim short AMGN 5370 last 5350
1232
sliver just dropped about 20 cents in last minutes SLV
1146
BGCP bull pennant, watching for break higher, 60m chart
1136
now looking for a SHORT entry in BAC,,no entry yet,,,waiting for the xlf to weaken and then will prob short BAC
1125
CLX may break out today, tying rite now, trgt on 60m chart is approx 1.30 points to 71.00ish, 69.83 last, still long from 6862 at 1.75% roi atm
1116
MSFT now has the same 5/15 pattern on its 60min chart,,,because its on 60min, a larger pullback first is allowed, followed by a larger upside breakout
1114
the pattern just hit its first trgt,,watching to see if goes higher or pulls back now
1112
On SPY SPX,, yesterday i mentioned the bullish asc triangle in the 5/15 moving averages, same setup as last friday in russel tna,,,today we are seeing follow thru once again on that pattern
1111
174.40 initial amzn trgt, then 176,,,last 17335
1104
msft 2566 long.close enough to .62 trgt,,re-entry after taking profit yest
1102
lim sell amzn 175.94 under the 176.20 stretch trgt if it hits that today, and then may re-enter again
1056
SPWRA is stuck, not moving at all here but is in a nice bull asc triangle daily,,,holding longer, at 4.3% roi for now
1049
ES is now near that "3 pt trgt" now but still no short re-entry
1044
looking for an entry to short NFLX again,,,but still waiting for entry,,may need another 4-20 trading hours b4 setup
1036
AMZN: same trgt as yest to start
1034
lim buy back MSFT 25.62 (re-entry after taking profit yest),,,may not get a fill, wont chase msft as there are other opps
1029
3min chart trgt is about 3 ES points higher from here
1027
TEVA long could work here for swings multi day/weeks, at 50.00,,,i'm not adding since already have a pos from lower
1022
out of SPY shorts,,,,taking small profit on SPY short,,,covering here,,,will reenter later,, from 130.60 AH fill yest short
1006
re-entering AMZN long 172.03 here,, (took profits yest, reentry,,think AMZN will meet its 2nd trgt)
trading individ stocks is diff than trading the SPX DOW indices,,,can always find longs and shorts in individ stocks
952
long AMD 8.85
942
EUO has gapped up nicely this morn due to weaker euro stronger dollar,,still a lot of work to do tho to break out higher
921am
GM
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
Thursday, March 24, 2011
Thursday thoughts
758pm
I got a fill afterhiurs on the spy short 131.60....it popped up higher from 131.09 daily high
447
VIX is at 18.00 now,,, near 17.39 gap supp,,, supp is lower,,, vix is likely to start to settle down and base here for a few days with smaller candles before rocketing higher again
438
spx moved above 62% fib 1308 with 78% at 1324,,, a CLOSE back UNDER the 62% is considered by many to be a sell signal, and we don't know if spx wil try for 78% 1324 first
417
still holding bgcp clx euo slv spwra tbt teva all in profit zone for now, 2-6%
417
...............................
i just took a 1.5% LOSS on the BAC,,,not worth holding this,,weak close, can always reenter (first half was a loss, second half profit,,,but a net loss)
400
SPY daily trgt was 131.18,,,made 131.09 or only 9 cents away :)
356
out amzn 4.2% roi
355
out of MSFT 2.4% roi
350
may take off half of BAC too
350
172.23 lim sell amzn,,,will take profits on 50-100% of AMZN and MSFT today,,,may not have time to post it at exact second
330
silver bearish day
327
too close to 4pm,,,now i want to short inside the gapa
326
i can always short at lower level AH if charts suggest it
326
RAISING SPY short 131.60 from .18,,,,was 9 cents away no fill,,,too late in day,,,
320
25% size position to allow adding 3 more times
320
20 cents from spy target,, even tho i'll short swing there, its a small position and starter, and spy may well go higher before lower
300
lim sell msft 26.21 if able, stretch daily trgt
256
i will likely take profits today on amzn and msft longs,,,they suggest a poss pb,,tho still see higher msft and amzn later
247
amzn is about $2 from daily stretch lim sell trgt,,not sure it gets there today
244
the 3min BB distance modified is about 40 cents,,which just so happens to put an intraday breakout to measure close to the SPY 131.18 trgt
237
15min bear rise wedge not done rising yet ,,maybe still a up channl
232
HRB HR Block also on shortable list, not ready yet
229
still have spy 131.18 lim short order, unfilled,,,keeping for now
221
FORD (F) is a stock i want to swing short,,but not ready yet
214
AMZN just made a higher intraday hi
203
for example,,,,if u look at the 945am spy candle, u can see that same 5/15 MA asc triangle, how it pulled back and then went higher,,,may require tomorrow to finish if it goes up,,,could still go lower,, TNA on Friday/Mon had a deep correction b4 its 5/15 bounce
146
SPY could drop to 129.50 and not ruin the pattern
145
also the 3min boll band distance is about 40 cents on spy, which just so happens to measure close to the 131.18 trgt spy,,,just ideas fwiw
144
the higher timeframes usually win after a poss pullback
143
for spy there is the conflicting 3min bear HS
142
fwiw,,,the 15min spy has a rising 15 per mov avg and a flat 5 per mov avg,,,this often results in spring upward,,,its the same pattern i mentioned few days ago on TNA,, it's like a bullish ascending triangle of the moving averages
134
i'm using spy not sds 2x or spxu 3x because SPY has higher volume and better fills, and I can trade SPY afterhours also,,,so need more shares in spy to mimic 2x 3x
132
a SMALL position: i will short SPY lim 131.18 today only, if filled
120
TEVA made new daily high, next trgt 5107 for poss stall there,,,5078 last
1252
EUO filled the gap, held supp, and now has bull hammer needs confirmation,,60m
1239
SPX short swing still early for me,,,but looking for individ stocks to short
1227
CLX is now at resist,,trgt 1 for long,,,will hold it longer tho taking quick profit 1.7% from yest entry here could work too and then reenter,, my position is too small to take half off
1223
MSFT is stuck 10 cents below trgt LOL,,but its onlly trgt 1,,so holding for now
1213
EUO and TBT longs are actually shorts of euro and us treas
1211
still holding the longs in SPWRA TEVA BGCP CLX TBT MSFT AMZN BAC EUO,,, all up 2-6% roi except BAC 1.42 loss atm
1208
we may get small daily candles first, often happens
1207
if short, would be scalp,,,i'm reluctant to swing short with the SPY daily macd hist rising and near crossing 0
1206
nothing complex to the spy trgt,,,simple horiz resist prior hi from 3/10,,,,3/11
1205
spy 131.17 trgt,,,maybe short there idk
1141
for spx
1141
15min clear up channel,,,looks like it may convert to a bear rising wedge, but still room for more upside in wedge,,,too early to trade it short imo
1106
this is the 15min SPX bull inv HS that i talked about yest, that it might break higher without full right shoulder,,,has done so here
1103
CLX finally woke up here, 6948 vs 6862 entry yest,, AMZN v bullish 60m at 4.25%
1056
msft 2590, 2633, 2737 (later) trgt last 2575
1052
the TBT and TEVA daily charts are very very similar, with TEVA the stronger (why it broke out first),,,, expecting TBT to do the same as TEVA
1034
spy spx made it up this far,,,i think it very likely it will try a lil higher at least to test march 11 high
1025
for below,,,w1=1294, w2=1333, w3=1248, w4 now at 1300
1020
spx: wave1 feb 22-24,, wave 2 feb 24 to mar 4, wave 3 mar 4-mar16, now in wave 4,,, i dont read the ewave blogs but thats an alt view,, i dont trade based on ewave because the counts are always changing, just for discussion purposes
1013
copper is moving lower and may give a chance for swing long,,,but must move lower, may need 4 hours more work or a fast move down, via copper etf JJC
958
lim sell amzn 173.88 if filled from 164.29 entry
954
spy daily DTL resist is around 131.00ish, so spx may want to test 3/11 high 1308
951
if SPY gap support holds this may take another 4 hours to show its hand imo
948
*amzn hit trgt 1 but not trgt 2,,,trgt 1 posted yest was 169, high today is 169.78
946
AMZN also up 3.3% roi but not at trgt yet,, clx not at target yet 0.65% roi from yest entry
940
TEVA has gapped up after yesterday's big green candle breakout, and has overshot its first 50.00 trgt,,,50.27 last, still expecting higher swing levels
BAC is down this AM despite the SPY gap up
9:09 A.M.
Good Morning
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
I got a fill afterhiurs on the spy short 131.60....it popped up higher from 131.09 daily high
447
VIX is at 18.00 now,,, near 17.39 gap supp,,, supp is lower,,, vix is likely to start to settle down and base here for a few days with smaller candles before rocketing higher again
438
spx moved above 62% fib 1308 with 78% at 1324,,, a CLOSE back UNDER the 62% is considered by many to be a sell signal, and we don't know if spx wil try for 78% 1324 first
417
still holding bgcp clx euo slv spwra tbt teva all in profit zone for now, 2-6%
417
...............................
i just took a 1.5% LOSS on the BAC,,,not worth holding this,,weak close, can always reenter (first half was a loss, second half profit,,,but a net loss)
400
SPY daily trgt was 131.18,,,made 131.09 or only 9 cents away :)
356
out amzn 4.2% roi
355
out of MSFT 2.4% roi
350
may take off half of BAC too
350
172.23 lim sell amzn,,,will take profits on 50-100% of AMZN and MSFT today,,,may not have time to post it at exact second
330
silver bearish day
327
too close to 4pm,,,now i want to short inside the gapa
326
i can always short at lower level AH if charts suggest it
326
RAISING SPY short 131.60 from .18,,,,was 9 cents away no fill,,,too late in day,,,
320
25% size position to allow adding 3 more times
320
20 cents from spy target,, even tho i'll short swing there, its a small position and starter, and spy may well go higher before lower
300
lim sell msft 26.21 if able, stretch daily trgt
256
i will likely take profits today on amzn and msft longs,,,they suggest a poss pb,,tho still see higher msft and amzn later
247
amzn is about $2 from daily stretch lim sell trgt,,not sure it gets there today
244
the 3min BB distance modified is about 40 cents,,which just so happens to put an intraday breakout to measure close to the SPY 131.18 trgt
237
15min bear rise wedge not done rising yet ,,maybe still a up channl
232
HRB HR Block also on shortable list, not ready yet
229
still have spy 131.18 lim short order, unfilled,,,keeping for now
221
FORD (F) is a stock i want to swing short,,but not ready yet
214
AMZN just made a higher intraday hi
203
for example,,,,if u look at the 945am spy candle, u can see that same 5/15 MA asc triangle, how it pulled back and then went higher,,,may require tomorrow to finish if it goes up,,,could still go lower,, TNA on Friday/Mon had a deep correction b4 its 5/15 bounce
146
SPY could drop to 129.50 and not ruin the pattern
145
also the 3min boll band distance is about 40 cents on spy, which just so happens to measure close to the 131.18 trgt spy,,,just ideas fwiw
144
the higher timeframes usually win after a poss pullback
143
for spy there is the conflicting 3min bear HS
142
fwiw,,,the 15min spy has a rising 15 per mov avg and a flat 5 per mov avg,,,this often results in spring upward,,,its the same pattern i mentioned few days ago on TNA,, it's like a bullish ascending triangle of the moving averages
134
i'm using spy not sds 2x or spxu 3x because SPY has higher volume and better fills, and I can trade SPY afterhours also,,,so need more shares in spy to mimic 2x 3x
132
a SMALL position: i will short SPY lim 131.18 today only, if filled
120
TEVA made new daily high, next trgt 5107 for poss stall there,,,5078 last
1252
EUO filled the gap, held supp, and now has bull hammer needs confirmation,,60m
1239
SPX short swing still early for me,,,but looking for individ stocks to short
1227
CLX is now at resist,,trgt 1 for long,,,will hold it longer tho taking quick profit 1.7% from yest entry here could work too and then reenter,, my position is too small to take half off
1223
MSFT is stuck 10 cents below trgt LOL,,but its onlly trgt 1,,so holding for now
1213
EUO and TBT longs are actually shorts of euro and us treas
1211
still holding the longs in SPWRA TEVA BGCP CLX TBT MSFT AMZN BAC EUO,,, all up 2-6% roi except BAC 1.42 loss atm
1208
we may get small daily candles first, often happens
1207
if short, would be scalp,,,i'm reluctant to swing short with the SPY daily macd hist rising and near crossing 0
1206
nothing complex to the spy trgt,,,simple horiz resist prior hi from 3/10,,,,3/11
1205
spy 131.17 trgt,,,maybe short there idk
1141
for spx
1141
15min clear up channel,,,looks like it may convert to a bear rising wedge, but still room for more upside in wedge,,,too early to trade it short imo
1106
this is the 15min SPX bull inv HS that i talked about yest, that it might break higher without full right shoulder,,,has done so here
1103
CLX finally woke up here, 6948 vs 6862 entry yest,, AMZN v bullish 60m at 4.25%
1056
msft 2590, 2633, 2737 (later) trgt last 2575
1052
the TBT and TEVA daily charts are very very similar, with TEVA the stronger (why it broke out first),,,, expecting TBT to do the same as TEVA
1034
spy spx made it up this far,,,i think it very likely it will try a lil higher at least to test march 11 high
1025
for below,,,w1=1294, w2=1333, w3=1248, w4 now at 1300
1020
spx: wave1 feb 22-24,, wave 2 feb 24 to mar 4, wave 3 mar 4-mar16, now in wave 4,,, i dont read the ewave blogs but thats an alt view,, i dont trade based on ewave because the counts are always changing, just for discussion purposes
1013
copper is moving lower and may give a chance for swing long,,,but must move lower, may need 4 hours more work or a fast move down, via copper etf JJC
958
lim sell amzn 173.88 if filled from 164.29 entry
954
spy daily DTL resist is around 131.00ish, so spx may want to test 3/11 high 1308
951
if SPY gap support holds this may take another 4 hours to show its hand imo
948
*amzn hit trgt 1 but not trgt 2,,,trgt 1 posted yest was 169, high today is 169.78
946
AMZN also up 3.3% roi but not at trgt yet,, clx not at target yet 0.65% roi from yest entry
940
TEVA has gapped up after yesterday's big green candle breakout, and has overshot its first 50.00 trgt,,,50.27 last, still expecting higher swing levels
BAC is down this AM despite the SPY gap up
9:09 A.M.
Good Morning
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
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