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No interesting trades today, hence no video trade recap. Shorted 3k BIOF @ $3.084 at SogoElite shortly before the market close. My Twitter followers found out about that trade shortly after it executed.
Disclosure: Short 3,000 BIOF. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.
See the last minute of the trade recap video for my brief rant about the ratio of the DJIA to gold.
+ BOT 1,000 SNTS false Stock 5.620 USD ISLAND 09:32:11 5.00
+ SLD 1,000 SNTS false Stock 5.600 USD DRCTEDGE 09:33:52 5.00
+ BOT 3,800 EGHT false Stock 1.413 USD SMART 09:39:01 19.00
+ SLD 2,600 EGHT false Stock 1.380 USD SMART 09:44:07 13.00
+ SLD 1,200 EGHT false Stock 1.388 USD ISLAND 09:44:27 6.00
+ BOT 400 GTI false Stock 15.890 USD SMART 09:58:34 2.00
SLD 400 GTI false Stock 16.12 USD BATS 10:38:27 2.00
+ SLD 5,000 GSIT false Stock 4.282 USD SMART 13:08:08 25.00
+ BOT 5,000 GSIT false Stock 4.430 USD SMART 13:40:33 25.00
SLD 1,000 CLWT false Stock 3.51 USD ARCA 14:23:53 5.00
+ SLD 5,000 CLWT false Stock 3.510 USD SMART 14:24:00 25.00
+ SLD 5,000 CLWT false Stock 3.513 USD ISLAND 14:24:05 25.00
+ SLD 5,000 CLWT false Stock 3.481 USD DRCTEDGE 14:24:12 25.00
+ BOT 7,700 CLWT false Stock 3.388 USD ISLAND 14:24:51 38.50
+ BOT 4,801 CLWT false Stock 3.480 USD DRCTEDGE 14:26:07 24.01
+ BOT 3,499 CLWT false Stock 3.440 USD ARCA 14:27:51 17.50
+ BOT 5,000 CLWT false Stock 3.084 USD ARCA 15:19:29 25.00
+ SLD 5,000 CLWT false Stock 3.039 USD ISLAND 15:20:20 25.00
Daily profit: ($126.06)
GRH on watch for short or long.
Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.
PEIX more than doubled in three days on news of restarting a plant. Overdone move, short on weakness.
SNTS was up in after-hours trading on FDA approval. I’ll buy if it shows further strength.
DYAX also went up big after hours due to FDA approval news.
EGHT had a nice breakout today on huge volume. I’m long if it looks like it can continue.
GSIT is up on NLST-type news. After today’s black candle I’m looking to short on green/red action.
Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.
Lesson from today: never ever go afk without an alarm on all open positions. I’ll let you guess which of my trades dropped way below my mental stop while I stepped away for two minutes. No video for today …
+ BOT 400 SEED false Stock 14.160 USD ISLAND 08:30:01 2.00
+ SLD 400 SEED false Stock 13.932 USD DRCTEDGE 09:19:38 2.50
BOT 1,000 GSIT false Stock 5.74 USD ISLAND 09:30:38 5.00
SLD 1,000 GSIT false Stock 5.61 USD SMART 09:31:44 5.00
+ SLD 5,000 GRO false Stock 3.580 USD ARCA 09:32:01 25.00
+ BOT 5,000 GRO false Stock 3.560 USD ISLAND 09:42:38 25.00
BOT 80 GSIT false Stock 5.78 USD ARCA 09:45:36 1.00
+ BOT 1,000 GSIT false Stock 5.800 USD BATS 09:45:43 5.00
+ SLD 1,080 GSIT false Stock 5.930 USD BATS 09:48:51 5.40
+ BOT 1,000 NLST false Stock 5.820 USD DRCTEDGE 10:31:20 5.00
SLD 1,000 NLST false Stock 5.7000 USD SMART 10:42:51 5.00
BOT 10,000 RBTI false Stock 0.0770 USD SMART 13:28:47 3.85
BOT 10,000 RBTI false Stock 0.0750 USD SMART 13:33:21 3.75
+ SLD 20,000 RBTI false Stock .056 USD SMART 14:17:41 5.65
+ SLD 3,000 NLST false Stock 5.320 USD EDGEA 15:08:05 15.00
+ BOT 1,500 NLST false Stock 5.247 USD BATS 15:36:12 7.50
BOT 1,500 NLST false Stock 5.3100 USD SMART 15:37:24 7.50
Daily profit: ($493.14)
Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.
Watchlist in the video.
+ BOT 500 SEED false Stock 11.950 USD SMART NOV 30 09:30:40 2.50
SLD 500 SEED false Stock 12.12 USD ARCA NOV 30 09:33:37 2.50
+ BOT 800 NLST false Stock 6.080 USD SMART NOV 30 09:54:57 4.00
+ SLD 800 NLST false Stock 6.200 USD ISLAND NOV 30 10:05:46 4.00
Daily profit: $168
Disclosure: Long 400 SEED in a position I intend to close out within a couple hours. No positions in any other stocks mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.
Wow, this all looks so familiar! Remember dear readers that stocks on watch for short sells can be good buys if they show strength or fail to break down, and stocks on watch for longs can be good shorts if they fail to breakout or show weakness. Don’t fixate on only trading one way.
BRYN – Pump & dump. Its weakness has been revealed. Search and destroy, but with all due caution.
SEED – A great example of why I don’t short on large gaps down, this was a nice little long for me Friday. I’m short-biased, but not with any conviction.
TAMB – Short on green/red. This move is over-done.
Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.
No big trades today, although a few decent little ones. SEED was nice on the long side on the second cross of $10, after it consolidated a bit. I got it long late on red/green. QLTI was a nice breakout and I got stopped out too early. DRAM was a nice long from $3.90, but I got it on the $4 cross.
+ BOT 1,000 QLTI false Stock 4.550 USD SMART 09:32:24 5.00
+ SLD 1,000 QLTI false Stock 4.660 USD SMART 09:40:49 5.00
+ BOT 400 DRAM false Stock 4.000 USD SMART 09:54:45 2.00
+ SLD 400 DRAM false Stock 4.090 USD SMART 09:59:39 2.00
+ BOT 500 SEED false Stock 10.410 USD SMART 11:01:42 2.50
+ SLD 500 SEED false Stock 10.760 USD SMART 11:11:05 2.50
Daily profit: $302.00
Weekly profit: $1,459.09
Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.
Happy Thanksgiving to all my American confreres! Gobble Gobble! Tomorrow is only a half-day in the stock market. I don’t like to trade much on half days. Here are a couple stocks to watch:
SEED – Was down slightly yesterday, and it deserves to fall more. I like it as a short on the break of $10.
BRYN – Horrid pink sheet pump. Short on weakness. ALFSS.
Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.
Check out the reviews of this blog on Investimonials, the new website that aims to do for finance what TripAdvisor does for travel and Yelp and Urbanspoon do for cuisine. If you love this blog, feel free to write a review there. While Investimonials is new, it looks promising so far. I will know it is useful once VectorVest has 40 negative reviews.
FYI, I’m with family for Thanksgiving so posts will be sporadic the next few days and there will be no video trade recaps.
Daily profit: $259.75
+ SLD 200 SQNM false Stock 4.230 USD ARCA 08:02:40 1.00
BOT 200 SQNM false Stock 4.29 USD ARCA 08:05:08 1.00
+ SLD 7,900 DRAM false Stock 4.099 USD SMART 14:38:44 39.50
+ BOT 5,100 DRAM false Stock 4.040 USD SMART 14:39:56 25.50
+ BOT 2,800 DRAM false Stock 4.080 USD ISLAND 14:40:30 14.75
Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.
One stupid boredom trade, one decent trade, and a couple very minor trades. In the video I review my recent performance buying pumps … I am now up to a total profit of $555 and an average profit margin of 4.3%. Thank you Investorslive!
Daily profit: $271.50
Disclosure: No positions in anything mentioned above. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.