415
aapl daily volume chart is misleading,,,the vol bar will appear green because appl was up 1% today, but by far almost all the daily volume was red, at the close
355
31.55 tza trgt lower
325
exiting the small silver position,taking loss
254
1245 and 1258 BAC targets for 75% of shares scalp
253
i'm raising the AA stop in 2 cent increments as it moves up,,,wont keep posting all those stop changes here to avoid ridiculous clutter,,, same with BAC
245
BAC low risk scalp: long 1236 stop 1234....its in this 2 cent range,,,if breaks higher will take profit else 2 cent loss
237
1695 AA stop,,, lol obviously i want out of this today,,,now in profit zone if stopped tho minimal
226
stop 1693 now on AA, raised
225
the daily spx candles,,,,this suggests to me tight stops on long positions and profit taking here at least partial,,,,this could fall 100 dow points easily ,,,or can continue higher,,,for swings,,,so will keep some select longs like AAPL and other,,, and getting out of other long swings today,,,will keep cotton BAL long swings
220
stop 16.88 on AA,,,reducing long positions "up here",, AA will be breakevenish/small loss if stopped, last 1694,,will try to ride higher but if stop hit then i'm out
212
out of F ford long 1554,,,from 1550, breakevenish
149
i'm going to exit Ford 15.57 if able today,,,,need to scale back on some longs,,,think F has higher to go but dont want risk,,,minimal profit of 1%ish on last entry,,idea is to reduce risk more than profit take
spx is nearing resist levels and while its bullish over the 1351, i dont want to get caught in a downdraft,,, keeping other longs in AAPL BAL and others,,,may also exit AA long today with small profit, unsure
135
slv 60min has bull pennant not flag pointing to 50ish approx on break of pennant, but protective stop remains on slv,,,it doesnt "seem like" silver should be up here,,,but it is,,,crazy
132
lim sell half aapl 357.70 from 346.18 for $11.52 profit,,holding rest for higher trtgts
104
90.23ish next bal target,,,cotton up 4.5%ish today in a single day, a close over yest high would confirm pPp bull macd daily buy signal
1249
OUT of bal 8675 here, still have 66% of shares,
8300 to 8675 or 3.75 profit from this morn entry
1242
SLV stop 4640, lim sell 49.80
1213
unbelievable Silver,,,looks like it wants higher intraday,
agg small pos silver long SLV 4757
1202
mini break higher on the spx 3min bull asc triangle, with v mini bull flag last 5 candles 3min,,,but such small candles may be meaningless, but over 1363 R could cause accel
1150
spx trying to break that 1363,,,watching reaction,,,if breaks higher could be painful for intraday shorts
1131
the 60min chart of F ford is doing what the 15min chart did yest,,,60min pattern should cause a larger move than the 15min did, if it triggers
1110
60min aapl is stalling here, not yet broken out of bull flag,,,a pb to lower boundry of flag would be ok as long as stays inside it,,,or conversely may be a mini bull flag atm inside the larger bull flag
1108
for swings, if spx loses 1335 lower, could see 1255,,, losing the 1335 will likely also cause the 1295 supp to crack, but spx bullish over 1351
1102
*over 1362.25, spx not es
1101
3min spx bull asc triangle,,1365ish trgt if breaks over 1361
1055
for swings, not scalps
1055
this is actually a "defensive" stance from the bulls,,, indice etf traders of long qqq spx need to be careful and set stops,,, the bulls are still bullish but are now taking defensive positions
1052
individual stocks are outperforming even the 3x etfs long,,,showing that this time the moves are "selective",, in general this is common BUT it is much more exxagerated on my reports
1038
BAL 8688/8700 daily trgt, last 8332, cotton
1033
qqq down .11%,,aapl up 1.09%,,, qqq may catch up but rimm,, aapl outperforming today as expected
1024
lim sell ford F 16.13 then will look to maybe reenter
1013
9370 lim sell BAL from 8300 entry this AM,,,,may sell before then, but this time if the 15min DTL breaks then i expect a move up to near Wednesdays opening high
1008
back in BAL again 83 ,,, been good for 2-5 dollar moves lately intraday, for continues combo scalp/swing
1003
358.50 AAPL trgt, last 349.70
950
aapl trying to break higher from the 60m bull flag, not done so yet but close
* 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, April 29, 2011
Thursday, April 28, 2011
Thursday thoughts April 28
405
holding the tza short overnight for now,, to see how it decays in coming day
405pm
tza moved lower toward the .30ish trgt from 11:05 AM
319
heres the expected test of TZA low of day,,,still see the lower trgt daily
310
over 349.50ish would be a break higher out of the aapls bull flag 60m
305
aapl filled gap, bull flag poss on the daily and 60min
303
335ish stop
303
aapl 50% size position
303
swing,,, AAPL long here 346.17
238
AA 15min bull harami candles forming
234
watch for vix over 18 for spx pb,,,tho one could also argues its getting "too low" even for the bulls, too complacenent,,, stops r set on longs
222
my simple view remains same regardless: over the 5 Moving avg on a closing basis, bullish,,,of course we use other tools not just simple MA,,,,also bears need to put in a big red candle daily, not 3 small red ones, as small red ones may just be a bull flag
219
theres the high vol move up on BAC expected,,tho only for 5 cents its biggest 3min and 15min candle in awhile,,watching to see if can follow thru or not
218
a 15min close under tza 3274 would sugg test of todays low,, using 1) shoot star bear method and (2) bear amcd hist mMm
215
not much time yet but i still think TZA can make a lower low daily,, same trgt as 10am
200
not sure if the pokey, badly hit BAC will move up or not, but Market Maker reports suggest higher, sugg MM accum, 12.30 last, with 12.60 resist trgt, then higher IF it can break the .60ish area
153
for ford F,, a move over 1577 is what's "really" needed, for a test to 1618 for 1780 trgt
150
also,,15min stoch lil spike to 35ish,,,seeing if it can move F
149
if F doesnt move today then i'll likely exit a piece to move back to 25% size pos,,,50% size atm
148
adding Ford long here F,,,to existing position, 1548,, 3min looks like poss berak higher within bullish daily 60min
140
next lim order for BAL is 8720, with 8480 last
134
COTTON futures /CT appear to be putting in a bottom last 2 days, tho yest candle doesnt look like it the intraday suggests such,,and if CT can close near here today then it will ahve a nice bull hammer day candle,,,a rally to 175ish is expected, then stall, pb ,,, then 192 and 220,,, poss 280 in coming weeks months,,,last 152,,, sounds crazy but these commodoties can be crazy wild and move nicely
127
added AA 17.02,,,may go lower but paying premium here, half size position now
121
will add AA 16.77 lim if able, to existing long swing
112
grrr stopped on axp 4827,,,will look to reenter later long,,,profits locked, strong uptrend daily has been compromised and could see 4700 now
108
$3 on that piece,,,ooops
107
cotton BAL just got filled on sale,,,
$2 profit on that 25%,,,still have half
105
axp stop raised to .27
1255
stopped out of CORN,,,will look to reenter,,,took a LOSS there :(
1253
changing lim sell axp to 4873 from 4885, lowered trgt and will try to buy back lower if filled, last 4844, watcing 4850 to see if stalls, axp is on a strong trend day with no pullbacks but is very near its daily trgt (swing trgts higher )
1237
UNG nat gas has broken nicely higher out of its 3 day bull flag and is now at its trgt,,,may stall or break .91, unsurue,
1228
axp daily trgts next are 4833 and 4885,,
lim sell 4885 in additino to protect stop
1225
took 25% of BAL off here for $1 profit, holding rest,,,its v volatile, still have 85, 87, 92, 100, 115 trgts for swing piece, but BAL still in a heavy correction so i'm scalping until it gets a nice daily candle close over resist, still under R atm
1210
axp continues higher and higher,,
raising stop to 47.97 on half of remaining position,
1204
watcing to see if tza makes a higher low or not on 3min (for scalp),,,if so then tza long may setup,,,unsure, no entry yet, still short 2nd atm,, still no SWING short entries tho on spx or russel or qqq
1201
EUO moving up a bit here on 60min, first green candle in 7 hours
1138
/CT overnite low was 146.50 ,,147.68 so may want to test that lower first
1137
8489 bal cotton trgt, last 8175,,,
1130
cotton,,,BAL again here 82.02ish,, last 8204,,,again this is v volatile and in a downtrend, agressive,,,yest it gave $2 profit, trying again
1118
tza at mental stop but will hold the short for now, stop near breakeven in case of sudden surge
1112
.........................................................................
CORN position is red but still valid imo,,,may add more later but not yet
1111
axp now at 4798 or 2 cents from trgt, so considering the trgt hit,,,but i'll hold this for higher
1109
3267ish mental stop on tza
1105
3min chart suggests lower tza
1105
tza testing low of day here now,,,trgt is 3230ish approx if .60 breaks lower,, could bounce
1051
taking 25% of shares off tza for 20 cent profit in 10min, holding 75%
1041
shorting 3x tza 32.90 (same as long tna russel)
1011am
axp continues higher today 4781 last from 4670, next trgts are 4800 and 4913,
* 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".
holding the tza short overnight for now,, to see how it decays in coming day
405pm
tza moved lower toward the .30ish trgt from 11:05 AM
319
heres the expected test of TZA low of day,,,still see the lower trgt daily
310
over 349.50ish would be a break higher out of the aapls bull flag 60m
305
aapl filled gap, bull flag poss on the daily and 60min
303
335ish stop
303
aapl 50% size position
303
swing,,, AAPL long here 346.17
238
AA 15min bull harami candles forming
234
watch for vix over 18 for spx pb,,,tho one could also argues its getting "too low" even for the bulls, too complacenent,,, stops r set on longs
222
my simple view remains same regardless: over the 5 Moving avg on a closing basis, bullish,,,of course we use other tools not just simple MA,,,,also bears need to put in a big red candle daily, not 3 small red ones, as small red ones may just be a bull flag
219
theres the high vol move up on BAC expected,,tho only for 5 cents its biggest 3min and 15min candle in awhile,,watching to see if can follow thru or not
218
a 15min close under tza 3274 would sugg test of todays low,, using 1) shoot star bear method and (2) bear amcd hist mMm
215
not much time yet but i still think TZA can make a lower low daily,, same trgt as 10am
200
not sure if the pokey, badly hit BAC will move up or not, but Market Maker reports suggest higher, sugg MM accum, 12.30 last, with 12.60 resist trgt, then higher IF it can break the .60ish area
153
for ford F,, a move over 1577 is what's "really" needed, for a test to 1618 for 1780 trgt
150
also,,15min stoch lil spike to 35ish,,,seeing if it can move F
149
if F doesnt move today then i'll likely exit a piece to move back to 25% size pos,,,50% size atm
148
adding Ford long here F,,,to existing position, 1548,, 3min looks like poss berak higher within bullish daily 60min
140
next lim order for BAL is 8720, with 8480 last
134
COTTON futures /CT appear to be putting in a bottom last 2 days, tho yest candle doesnt look like it the intraday suggests such,,and if CT can close near here today then it will ahve a nice bull hammer day candle,,,a rally to 175ish is expected, then stall, pb ,,, then 192 and 220,,, poss 280 in coming weeks months,,,last 152,,, sounds crazy but these commodoties can be crazy wild and move nicely
127
added AA 17.02,,,may go lower but paying premium here, half size position now
121
will add AA 16.77 lim if able, to existing long swing
112
grrr stopped on axp 4827,,,will look to reenter later long,,,profits locked, strong uptrend daily has been compromised and could see 4700 now
108
$3 on that piece,,,ooops
107
cotton BAL just got filled on sale,,,
$2 profit on that 25%,,,still have half
105
axp stop raised to .27
1255
stopped out of CORN,,,will look to reenter,,,took a LOSS there :(
1253
changing lim sell axp to 4873 from 4885, lowered trgt and will try to buy back lower if filled, last 4844, watcing 4850 to see if stalls, axp is on a strong trend day with no pullbacks but is very near its daily trgt (swing trgts higher )
1237
UNG nat gas has broken nicely higher out of its 3 day bull flag and is now at its trgt,,,may stall or break .91, unsurue,
1228
axp daily trgts next are 4833 and 4885,,
lim sell 4885 in additino to protect stop
1225
took 25% of BAL off here for $1 profit, holding rest,,,its v volatile, still have 85, 87, 92, 100, 115 trgts for swing piece, but BAL still in a heavy correction so i'm scalping until it gets a nice daily candle close over resist, still under R atm
1210
axp continues higher and higher,,
raising stop to 47.97 on half of remaining position,
1204
watcing to see if tza makes a higher low or not on 3min (for scalp),,,if so then tza long may setup,,,unsure, no entry yet, still short 2nd atm,, still no SWING short entries tho on spx or russel or qqq
1201
EUO moving up a bit here on 60min, first green candle in 7 hours
1138
/CT overnite low was 146.50 ,,147.68 so may want to test that lower first
1137
8489 bal cotton trgt, last 8175,,,
1130
cotton,,,BAL again here 82.02ish,, last 8204,,,again this is v volatile and in a downtrend, agressive,,,yest it gave $2 profit, trying again
1118
tza at mental stop but will hold the short for now, stop near breakeven in case of sudden surge
1112
.........................................................................
CORN position is red but still valid imo,,,may add more later but not yet
1111
axp now at 4798 or 2 cents from trgt, so considering the trgt hit,,,but i'll hold this for higher
1109
3267ish mental stop on tza
1105
3min chart suggests lower tza
1105
tza testing low of day here now,,,trgt is 3230ish approx if .60 breaks lower,, could bounce
1051
taking 25% of shares off tza for 20 cent profit in 10min, holding 75%
1041
shorting 3x tza 32.90 (same as long tna russel)
1011am
axp continues higher today 4781 last from 4670, next trgts are 4800 and 4913,
* 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".
Wednesday, April 27, 2011
Wednesday thoughts April 27
422
axp trgt from 322pm was 4777, made 4770
421
written in big red letters on whiteboard: VIX over 18,,,could be v bearish for spx,,,level of the Feb correction,,,just a level to watch, needs confirmation
404
crazy 7% swings on silver
403
AH, tempted to re-short slv again but will wait for tomorrow to see what it does
402
exiting slv long from 4427, at 4700 here,,, slv crazy volatile to short and long both, now flat slv
340
.............................................................................
out of TLT ,,,took loss there 9297 sold vs 9325 entry
349
.63 stop on axp on half of remaining half (25%),,,other 25% stop set lower near breakeven to allow chop room coming days
347
tlt stop 9297
346
took half of axp off to lock profit on touch of daily trendlin
342
AXP now at daily resist line but could push higher, .70 last
339
*9288 stop
338
TLT stop 9293, 9305 last
334
AA has also broken over its april 12 hi of 1710, starting to fill the gap
332
4777 next intraday trgt axp, .55 last
331
AXP has done it, the .50 has broken (marginally),,,,,watching to see if sustains now or not
329
stop 1227 on BAC
321
axp approaching the 4750 trgt test,,,still see a break higher on axp for swing long
317
adding tlt 9285 here
245
CORN bounced off daily uptrend line twice today and has horiz supp below,,,will stay long while horiz supp holds, have 2 levels of supp, trendline and horiz
243
swing,back in CORN long half size pos, 4630, stop 44.33
208
Back in Ford F 15.50
207
on daily, 1356 and 1363 are fib extension spx trgts
137
AXP boll bands 60min chart now very narrow tight
104
lim sell BAC 1259 if filled
102
limit order in place to sell TLT 9447 to catch quick surge if we get one
1256
cotton was v early entry,,but worked nice,,,cotton can have a monster rally after this big huge correction ends,,,it may not have ended yet,,,maybe today was end, too early to know
1251
out of BAL 8490--8497 for a quick $2ish from 83 hour ago,,,still have half of this stuff :)
1243
BAL daily trgt 85 from 83,, swing trgts100ish
1232
filled on 9302 TLT limit order on that spike down, last 9330,,,getting volatile
1214
EARLY ENTRY, starter postion on cotton here via BAL 83.00,,, wide stop, its v volatile and could go lower first,,,building a swing position but will exit today if it moves higher, then re-entr,, agressive trade, not for the faint of heart
1159
for spx swings
1159
spx simple view: needs a daily close below its 5 day moving average,,,the highest one (soonest) before short setup,,then may get a short setup,,bullish on spx while above the tight 5MA
1157
idea: also HRB long setup swing forming, no entry yet,,,was prev short HRB,,,, HRB didnt budge on the 3/15 decline and in daily uptrend since march
1135
looking to reenter CORN and BAL cotton, no entries yet,,,BAL is in downtrend and is v volatile, large price moves on BAL so will go with less shares
1134
i will add TLT (double to 100% size) lim 9302, if filled, else run with existing position,,,
1127
TLT is filling its gap lower,,,i'll be patient and keep the half size position,,may add more but not now
1048
still holding axp long from 4700ish for a break over 4750
also in AA long 1700ish, last 1688
1048
in TLT long 93.39, half size position, 9380 first trgt, then possible break higher to new hi
1047am
in BAC 12.30 for 12.60 target today, appears poised to break the 15min dopwntrendline,,,if no break then will likely exit
* 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".
axp trgt from 322pm was 4777, made 4770
421
written in big red letters on whiteboard: VIX over 18,,,could be v bearish for spx,,,level of the Feb correction,,,just a level to watch, needs confirmation
404
crazy 7% swings on silver
403
AH, tempted to re-short slv again but will wait for tomorrow to see what it does
402
exiting slv long from 4427, at 4700 here,,, slv crazy volatile to short and long both, now flat slv
340
.............................................................................
out of TLT ,,,took loss there 9297 sold vs 9325 entry
349
.63 stop on axp on half of remaining half (25%),,,other 25% stop set lower near breakeven to allow chop room coming days
347
tlt stop 9297
346
took half of axp off to lock profit on touch of daily trendlin
342
AXP now at daily resist line but could push higher, .70 last
339
*9288 stop
338
TLT stop 9293, 9305 last
334
AA has also broken over its april 12 hi of 1710, starting to fill the gap
332
4777 next intraday trgt axp, .55 last
331
AXP has done it, the .50 has broken (marginally),,,,,watching to see if sustains now or not
329
stop 1227 on BAC
321
axp approaching the 4750 trgt test,,,still see a break higher on axp for swing long
317
adding tlt 9285 here
245
CORN bounced off daily uptrend line twice today and has horiz supp below,,,will stay long while horiz supp holds, have 2 levels of supp, trendline and horiz
243
swing,back in CORN long half size pos, 4630, stop 44.33
208
Back in Ford F 15.50
207
on daily, 1356 and 1363 are fib extension spx trgts
137
AXP boll bands 60min chart now very narrow tight
104
lim sell BAC 1259 if filled
102
limit order in place to sell TLT 9447 to catch quick surge if we get one
1256
cotton was v early entry,,but worked nice,,,cotton can have a monster rally after this big huge correction ends,,,it may not have ended yet,,,maybe today was end, too early to know
1251
out of BAL 8490--8497 for a quick $2ish from 83 hour ago,,,still have half of this stuff :)
1243
BAL daily trgt 85 from 83,, swing trgts100ish
1232
filled on 9302 TLT limit order on that spike down, last 9330,,,getting volatile
1214
EARLY ENTRY, starter postion on cotton here via BAL 83.00,,, wide stop, its v volatile and could go lower first,,,building a swing position but will exit today if it moves higher, then re-entr,, agressive trade, not for the faint of heart
1159
for spx swings
1159
spx simple view: needs a daily close below its 5 day moving average,,,the highest one (soonest) before short setup,,then may get a short setup,,bullish on spx while above the tight 5MA
1157
idea: also HRB long setup swing forming, no entry yet,,,was prev short HRB,,,, HRB didnt budge on the 3/15 decline and in daily uptrend since march
1135
looking to reenter CORN and BAL cotton, no entries yet,,,BAL is in downtrend and is v volatile, large price moves on BAL so will go with less shares
1134
i will add TLT (double to 100% size) lim 9302, if filled, else run with existing position,,,
1127
TLT is filling its gap lower,,,i'll be patient and keep the half size position,,may add more but not now
1048
still holding axp long from 4700ish for a break over 4750
also in AA long 1700ish, last 1688
1048
in TLT long 93.39, half size position, 9380 first trgt, then possible break higher to new hi
1047am
in BAC 12.30 for 12.60 target today, appears poised to break the 15min dopwntrendline,,,if no break then will likely exit
* 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, April 21, 2011
Thu
400
sweet,,,nailed the ford high,,,Ford high of day was 1545,,,one cent over the 1544 trgt revised 3pm
358
out of F,,,got the fill finally
358
partial fill on Ford at 1544,,,trying to get the rest filled :D
353
1544 will selll Ford to lock profit and look to reentr again
240
since april 12, silver 60min has had only 7 red candles
222
on daily spx
222
spx is now in its resistance zone again,,,this is the third trip to this area,,,many traders believe it is dangerous to prematurely short the 3rd visitation, as it often breaks higher,,,just a thought
215
theres the "down" on spx i mentinoed below, followed by bounce
214
may sell half of F today ,,unsure, at lower
214
F now testing high of day 1537,, still have higher trgts, lim sell 1593
203
this pattern in spx,,,3min, may drop a bit to a higher low and then break higher, or may go higher here, over 1333 spx bullish on scalp side imo,,, one 3min dtl has broken higher but often retests to form a second 1 b4 higher,,but not much movement on spx today narrow range
153
good for day only, will sell BAL lim 96.96 for over 5% profit in 4 hours,,,see higher but if it hits that today will exit and try rentry next week,,,likely not get sold today
136
.....................................................................................
LOL now BAL down 2%,,,theres volatility in cotton
116
wow BAL has done a 3min parabolic move,,,up 2% now from entry earlier today,,,holding for higher swing targets,,,sadly not enough shares to scalp on this early entry long
1251
nice move on BAL 3min chart now,,, parablolic breakout 3min
1230
3min BAL is bullish so seeing what it does between now and close,
1227
i was going to wait a 4-24 more trading hours for BAL but decided on a starter entry here
1225
small position starter in BAL cotton, swing,,,its an early entry so small position, 92.20
1216
ung stop hit, took profits on 75%
1210
stop 1148 on ung, tite, last 1152
1205
lim sell half ung 1162 trgt last 1150 over 1144 prev trgt
1202
F up 1.5% today, CAT up 0.7%,,,spx up 0.45%, UNG up 2.4%
1200
CAT 3min broke higher over horiz resist, should see higher
1150
another commodotiy to consider long is cotton, via BAL etf,,,but its not ready yet imo for entry,,,watching,,,still in major correction down atm
1113
i am EXITING tlt shorts, tbt longs at breakeven here and will look to reenter later,,,other better opps exist imo,, TLT may make a run higher today
1101
slv daily trgt 4508 last 4500,,,will watch if 4508 marks hi for day or not
1059
looking for spot to add more tlt shorts or tbt long, no new entry yet,,,running with existing positino from yest, for swing
1057
ung just hit 1144 trgt,,,1165 next then 1188
1049
F just broke resist .21,,,,last .27
1048
1144 1165 1188 UNG trgts,,,1140 last
1035
UNG on the move toward 1188 trgt, buyable here at 1130,,if the spike to 1140 is not a headfake it shouold accell to next trgt 1188
* 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".
sweet,,,nailed the ford high,,,Ford high of day was 1545,,,one cent over the 1544 trgt revised 3pm
358
out of F,,,got the fill finally
358
partial fill on Ford at 1544,,,trying to get the rest filled :D
353
1544 will selll Ford to lock profit and look to reentr again
240
since april 12, silver 60min has had only 7 red candles
222
on daily spx
222
spx is now in its resistance zone again,,,this is the third trip to this area,,,many traders believe it is dangerous to prematurely short the 3rd visitation, as it often breaks higher,,,just a thought
215
theres the "down" on spx i mentinoed below, followed by bounce
214
may sell half of F today ,,unsure, at lower
214
F now testing high of day 1537,, still have higher trgts, lim sell 1593
203
this pattern in spx,,,3min, may drop a bit to a higher low and then break higher, or may go higher here, over 1333 spx bullish on scalp side imo,,, one 3min dtl has broken higher but often retests to form a second 1 b4 higher,,but not much movement on spx today narrow range
153
good for day only, will sell BAL lim 96.96 for over 5% profit in 4 hours,,,see higher but if it hits that today will exit and try rentry next week,,,likely not get sold today
136
.....................................................................................
LOL now BAL down 2%,,,theres volatility in cotton
116
wow BAL has done a 3min parabolic move,,,up 2% now from entry earlier today,,,holding for higher swing targets,,,sadly not enough shares to scalp on this early entry long
1251
nice move on BAL 3min chart now,,, parablolic breakout 3min
1230
3min BAL is bullish so seeing what it does between now and close,
1227
i was going to wait a 4-24 more trading hours for BAL but decided on a starter entry here
1225
small position starter in BAL cotton, swing,,,its an early entry so small position, 92.20
1216
ung stop hit, took profits on 75%
1210
stop 1148 on ung, tite, last 1152
1205
lim sell half ung 1162 trgt last 1150 over 1144 prev trgt
1202
F up 1.5% today, CAT up 0.7%,,,spx up 0.45%, UNG up 2.4%
1200
CAT 3min broke higher over horiz resist, should see higher
1150
another commodotiy to consider long is cotton, via BAL etf,,,but its not ready yet imo for entry,,,watching,,,still in major correction down atm
1113
i am EXITING tlt shorts, tbt longs at breakeven here and will look to reenter later,,,other better opps exist imo,, TLT may make a run higher today
1101
slv daily trgt 4508 last 4500,,,will watch if 4508 marks hi for day or not
1059
looking for spot to add more tlt shorts or tbt long, no new entry yet,,,running with existing positino from yest, for swing
1057
ung just hit 1144 trgt,,,1165 next then 1188
1049
F just broke resist .21,,,,last .27
1048
1144 1165 1188 UNG trgts,,,1140 last
1035
UNG on the move toward 1188 trgt, buyable here at 1130,,if the spike to 1140 is not a headfake it shouold accell to next trgt 1188
* 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".
Wednesday, April 20, 2011
Wednesday thoughts April 20
426
adjusting stop on TLT short (and tbt long) swing piece: buy to cover 94.17 stop mkt, last 92.68
416
i do remember reading something before about inaccurate time sales afterhours,,,maybe in a broker disclosure,,,
415
i'm not sure why afterhours time and sales TS are not always accurate, but they arent,,,,i just sold more tbt and it didnt post on the TS
346
TLT buy to cover short 9220 on half of shares if able
336
sso may go higher but individ stocks performing better imo
336
out sso .58 ,,
333
tite stop now sso .58
330
CAT is far outperforming SSO scalps
325
i will sell sso 5393 lim if able, marginally over todays hi
254
tbt 3min bull W
250
when a stock breaks its daily downtrend after previously being in an uptrend, the move up often sustains for a few/several days later
250
else will take the 4%ish loss
249
for better or worse, i'll hold the newly entered CAT from today long, same stop,, CAT should be able to sustain and poss even benefit from Japan,,, may make a run for 113 and a new high if 104 holds
211
sso need to hurdle over 5365 for upside,,if it gets there should accel up for scalp
208
shorting TLT 9295
143
5349 sso stop .20 could work here
130
intraday only,,,spx 3min testing resistance DTL now,,,watching for hold down or break higher
123
simple view: daily spx broke over its daily downtrend line, over 1315 spx bullish, under bearish, and now it can go either way but bias is up until supp breaks, risky either way imo
117
buy the dippers on silver have been more relentless than spx bull dip buyers lol
117
there goes silver down as expected,,,watching now to see if sustains or not,,,will take a few tries on slv
109
semi-agressive trade
108
tbt appears to have based on 60min and i expect a break higher of resist,,,if it doesnt perform then i'll exit and try again later
107
in 3648 TBT scalp swing combo stop 3570 for now
1159
i will UNG lim sell some at 1142 and then try to buy it back lower, if not will run with remaining shares for higher
1154
CAT broke over its 60min downtrendline, so taking a small position there with protective stop
1153
long CAT 108.15 stop 104.70
1128
last ung 1126
1128
lim sell UNG 1178 if able
1125
F broke mini supp,,may head to 1488 next, watching
1121
out of Ford 1503,,,profits taken,,,may reenter later
1503 F stop
1109
Ford F now up 3% from yest vs 1% up for spx,,, F outperforming
1106
I'm signed into my Yahoo Messenger Chat, ID is christopherstockguy2 not christopherstockguy (forgot password for christopherstockguy on yahoo hehe)
1044
*11.11 stop not 1113
1043
trgt 1180
1042
to protect profits, have a 1113 stop on UNG, can always add more later
1028
1537 lim sell ford F
1003
imo, wait and see at this level, only will hold swing longs from lower levels, will not add here,,,took profits on half of longs,,, BAC position is a mess but still think in coming weeks will test resist,
1001
SLV is so far away from daily moving avg support that a swing correction lower is likely
957
SPY has gapped up, and has not pulled back much at all in the opening 25 minutes,,,this often results in a higher intraday hi, if it can stay over its low of day
948
still holding these: UNG up on marginal break over resist, F ford up 2%ish, CORN up 1%ish, holding all for higher swing targets
946
taking AMD off to lock profits on the gap up, from intc related semi co
* 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".
adjusting stop on TLT short (and tbt long) swing piece: buy to cover 94.17 stop mkt, last 92.68
416
i do remember reading something before about inaccurate time sales afterhours,,,maybe in a broker disclosure,,,
415
i'm not sure why afterhours time and sales TS are not always accurate, but they arent,,,,i just sold more tbt and it didnt post on the TS
346
TLT buy to cover short 9220 on half of shares if able
336
sso may go higher but individ stocks performing better imo
336
out sso .58 ,,
333
tite stop now sso .58
330
CAT is far outperforming SSO scalps
325
i will sell sso 5393 lim if able, marginally over todays hi
254
tbt 3min bull W
250
when a stock breaks its daily downtrend after previously being in an uptrend, the move up often sustains for a few/several days later
250
else will take the 4%ish loss
249
for better or worse, i'll hold the newly entered CAT from today long, same stop,, CAT should be able to sustain and poss even benefit from Japan,,, may make a run for 113 and a new high if 104 holds
211
sso need to hurdle over 5365 for upside,,if it gets there should accel up for scalp
208
shorting TLT 9295
143
5349 sso stop .20 could work here
130
intraday only,,,spx 3min testing resistance DTL now,,,watching for hold down or break higher
123
simple view: daily spx broke over its daily downtrend line, over 1315 spx bullish, under bearish, and now it can go either way but bias is up until supp breaks, risky either way imo
117
buy the dippers on silver have been more relentless than spx bull dip buyers lol
117
there goes silver down as expected,,,watching now to see if sustains or not,,,will take a few tries on slv
109
semi-agressive trade
108
tbt appears to have based on 60min and i expect a break higher of resist,,,if it doesnt perform then i'll exit and try again later
107
in 3648 TBT scalp swing combo stop 3570 for now
1159
i will UNG lim sell some at 1142 and then try to buy it back lower, if not will run with remaining shares for higher
1154
CAT broke over its 60min downtrendline, so taking a small position there with protective stop
1153
long CAT 108.15 stop 104.70
1128
last ung 1126
1128
lim sell UNG 1178 if able
1125
F broke mini supp,,may head to 1488 next, watching
1121
out of Ford 1503,,,profits taken,,,may reenter later
1503 F stop
1109
Ford F now up 3% from yest vs 1% up for spx,,, F outperforming
1106
I'm signed into my Yahoo Messenger Chat, ID is christopherstockguy2 not christopherstockguy (forgot password for christopherstockguy on yahoo hehe)
1044
*11.11 stop not 1113
1043
trgt 1180
1042
to protect profits, have a 1113 stop on UNG, can always add more later
1028
1537 lim sell ford F
1003
imo, wait and see at this level, only will hold swing longs from lower levels, will not add here,,,took profits on half of longs,,, BAC position is a mess but still think in coming weeks will test resist,
1001
SLV is so far away from daily moving avg support that a swing correction lower is likely
957
SPY has gapped up, and has not pulled back much at all in the opening 25 minutes,,,this often results in a higher intraday hi, if it can stay over its low of day
948
still holding these: UNG up on marginal break over resist, F ford up 2%ish, CORN up 1%ish, holding all for higher swing targets
946
taking AMD off to lock profits on the gap up, from intc related semi co
* 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, April 19, 2011
Tuesday thoughts
304
CORN etf corn could breakoug higher again,, 4875 trgt, bullish dailyl
235
lim sell half of ung 1131, and other half 1179, to take profits,,,last 1114
229
Sparese comments, due to testing new software, some chillaxing time
229
Going long CORN here, 4642, stop 43.60
* 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".
CORN etf corn could breakoug higher again,, 4875 trgt, bullish dailyl
235
lim sell half of ung 1131, and other half 1179, to take profits,,,last 1114
229
Sparese comments, due to testing new software, some chillaxing time
229
Going long CORN here, 4642, stop 43.60
* 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, April 15, 2011
Weekend thoughts
The VIX today made another lower low on the daily.
This past week, I have mentioned several times that the VIX has a tendency to due this as it forms and re-forms in a bull falling wedge pattern. The pattern is bullish for the VIX (bearish for spx) but the pattern also calls for the VIX to move lower (SPX higher) before the pattern completes and finally sends VIX higher and SPX lower.
For now, the VIX remains bearish until the wedge decisively breaks higher.
* 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".
This past week, I have mentioned several times that the VIX has a tendency to due this as it forms and re-forms in a bull falling wedge pattern. The pattern is bullish for the VIX (bearish for spx) but the pattern also calls for the VIX to move lower (SPX higher) before the pattern completes and finally sends VIX higher and SPX lower.
For now, the VIX remains bearish until the wedge decisively breaks higher.
* 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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