Year: 2009

Trade recap for New Year’s Eve

I had a quiet day today. I was busy with some things other than trading and the main stocks I was watching, ICXT and IDN, were not kind enough to give me easy entries. No video recap today.

Daily profit: $260.92

Weekly profit: $327.23

BOT    500    ICXT    false    Stock    9.80    USD    ISLAND    09:31:37        2.50
SLD    500    ICXT    false    Stock    9.90    USD    ISLAND    09:33:30        2.50
+    SLD    4,914    EONC    false    Stock    6.013    USD    ISLAND    12:52:59        24.57
+    BOT    4,914    EONC    false    Stock    5.959    USD    ISLAND    12:55:46        24.57

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Watchlist for the Kuumba, the sixth day of Kwanzaa

Kuumba means creativity … something I’m a fan of, particularly in trading.

Stocks from yesterday’s watchlist that did what I expected were CBAK and AENY. AENY had a huge gain today, while CBAK gapped down a bunch after its rumors turned out to be false. There are a couple really nice stocks for tomorrow.

PIP – I’m short-biased here. This thing was a day-trader’s dream today, up 120% at one point on no news.  While it faded hugely, it still has more downside.

pip

ICXT – This is an airport security play that has been hot due to the Detroit underwear bomber incident. I will look to short aggressively on fading price action or a huge vertical spike. I expect a huge spike in the morning considering that this hit $10 towards the close of after-hours trading.

icxt

IDN – Similar chart and similar story as ICXT. Much lower volume, though.

idn

RAE – Nice move, maybe more will come?

rae

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Trade recap for December 30th, St. Egwin’s feast day

I nailed the entry on buying PIP today but sold over $1.10 too early. Oops. I shorted it in my BlogoElite account too but my entry wasn’t great and I didn’t hold it long. By the way, my PIP entry was alerted in my new stock chat (see link at top of my blog) and several people there made good money on it.

BOT    700    SPNC    false    Stock    7.01    USD    ISLAND    09:41:20        3.50
SLD    300    SPNC    false    Stock    7.11    USD    ISLAND    09:45:16        1.50
+    SLD    700    SPNC    false    Stock    6.976    USD    DRCTEDGE    09:47:15        4.00
BOT    300    SPNC    false    Stock    6.99    USD    SMART    09:48:16        1.50
SLD    200    VRMLQ    false    Stock    27.10    USD    SMART    10:10:46        1.00
BOT    200    VRMLQ    false    Stock    27.02    USD    SMART    10:12:56        1.00
+    BOT    2,400    PIP    false    Stock    2.170    USD    AMEX    12:42:47        12.00
+    SLD    1,200    PIP    false    Stock    2.240    USD    AMEX    12:44:30        6.00
+    SLD    1,175    PIP    false    Stock    2.270    USD    AMEX    12:45:04        5.88
SLD    25    PIP    false    Stock    2.23    USD    ISLAND    12:45:20        1.00

Daily profit: $220.62

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Watchlist for Nia, the fifth day of Kwanzaa

“Nia (Purpose): To make our collective vocation the building and developing of our community in order to restore our people to their traditional greatness.” – from Wikipedia

CBAK – I am looking to short this on red. It was up 60% today on rumors that its batteries will power the new Google smartphone.

cbak

SPNC – Up big on news that it will pay $5m to end a federal probe. I like this for more strength and I might buy on red/green.

spnc

AENY – OTC BB stock, but that sure is a bullish chart.

aeny

IVAN – Similar chart to AENY.

ivan

PSUN – A similar chart, $4.00 would be an important point of resistance.

psun

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Trade recap for December 29th

Fairly boring day. A couple not quite so good trades early in the ayem and I only made one trade after that.

+    SLD    1,000    CGEN    false    Stock    4.950    USD    DRCTEDGE    09:31:30        5.00
BOT    1,000    CGEN    false    Stock    5.05    USD    DRCTEDGE    09:32:52        5.00
+    SLD    1,000    AHD    false    Stock    5.951    USD    NYSE    09:43:20        5.00
+    BOT    500    AHD    false    Stock    6.000    USD    SMART    09:53:36        2.50
+    BOT    500    AHD    false    Stock    6.040    USD    SMART    09:53:42        2.50
BOT    60    VRMLQ    false    Stock    26.94    USD    SMART    15:37:32        1.00
SLD    60    VRMLQ    false    Stock    27.40    USD    SMART    15:38:52        1.00

Daily profit: ($163.31)

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Watchlist for Ujamaa, the fourth day of Kwanzaa

Ujamaa represents cooperative economics, building enterprises together from which we all can profit. That sounds good to me!

PSID – Yay for terrorists! This has some people talking about it as a terror play, but my cursory investigation of the company says they do RFID stuff. Still, it is on watch for continued upward movement … let’s see how far upward the morons push it.

psid

ATHX – A short? Maybe. The last few days it has wicked up and down big but the actual candles are tiny. Potential short on red.

athx

LMLP – Up 40% in two days and 60% in four days on no news. Short on red.

lmlp

EONC – You know it, you love it. I’ve said before that low-float stocks can run big on no news. No clear play here.

eonc

CGEN – What a tricksy little stock; it likes to gap a bunch. No clear play, but I’m short-biased.

cgen

SRZ – Fill dat gap! Long on continued strength.

srz

CIIC – This seems to want to go higher, but I would not mind shorting either. Long on green, short on red.

ciic

IFNY – I am short-biased. This is over-extended. Too low of volume, though.

ifny

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Trade recap for December 28th

No video today because all I had was one tiny scalp of CGEN at the open.

BOT    300    CGEN    false    Stock    5.79    USD    SMART    09:30:40        1.50
SLD    300    CGEN    false    Stock    5.83    USD    DRCTEDGE    09:31:16        1.50

Daily profit: $9.00

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Watchlist for the third day of Kwanzaa: Ujima

Ujima is the principle of collective work and responsibility. Some of the readers of this blog already understand this principle well, making useful contributions in comments.

I will be a bit hesitant to trade tomorrow as I have not done a lot of trading recently and the previous trading day was only a half day.

PLG – Nice breakout. Could be nice on red/green or $2 cross as a long.

plg

CAMT – Big move on big relative volume (though low absolute volume). Short on red. I will not play it due to the low volume.

camt

ATHX, NVLT, PSDV, CGEN – All drug news runners that are a couple days after the news. They are less predictable now.

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Watchlist for Christmas Eve

An abbreviated and late watchlist today.

AHD, CIIC, SNS, CGEN, PSDV, ATHX are all potential shorts on weakness. ATHX and CGEN are probably the best setups. SNS is the dark-horse.

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.