For Livestock viewers, here’s the Grand Canyon from a helicopter:
Disclosure: No net positions in any 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.
Disclosure: Long 60 BRK-B, short 2 BRK-A, long 400 VRMLQ. 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.
Have you celebrated Mole Day today? If not, drink a toast to Avogadro at 6:02:21pm. Not any exciting trades today. See the video for some unusual trade analytics (such as a profit margin moving average graph) I conducted on my pre-leader long trades (my profit on which just breached $1,000!).
Daily profit: $137.14
Weekly profit: $1571.43
Disclosure: No positions in any stocks mentioned in this post. I have a disclosure policy.
I know I’ve been getting a ton of comments on each post throughout the trading day most days as readers discuss stocks. Would anyone be interested in me hosting a chat on this website? The likely program would be Parachat (used by InvestorsUnderground and TimAlerts). I would charge $9.99/month to cover the cost of hosting the chat and to compensate me for moderating and contributing to it. Please leave a comment with your thoughts.
I sold EPGL at $0.002 after making the above video.
Here is a screenshot of the time and sales from right before I sold (I sold at 9:33:20). It actually was not just printing at the offer, unlike how I remembered, but it was at least balanced between bid and offer and the bid did not drop after hitting 3.26.
In medicine they talk of “never events” or things that should never happen, such as leaving a surgical instrument inside a patient. Failing to buy OPXA on strong drug news today as it broke above its recent high of $2.85 was a “never event” for me … I messed up a trade with an almost perfect setup. It should have been an easy $1 per share trade from $2.88 to $3.88 or so. Learn from this so you don’t mess this up in the future.
I took Vonage (VG) long and short today, but it was not ideal for a short. I also played a TimAlert. I wait with baited breath until tomorrow. I am back green on the week and I have made up for last week’s losses too. Not a bad day.
WAVE – long on strength, short on weakness.
VG – short aggressively on green/red.
I perfectly called Nexstar Broadcasting Group Inc. (NXST) as a long above the $1.88 break (see my watchlist last night), but a brokerage error and my hesitance caused me to miss the trade. If you profited from this, please let me know in the comments!