Thursday, June 23, 2016

SWHC Chart Analysis

The chart is super bullish. I'm still long the full position.

Tuesday, June 21, 2016

Positions

I longed SWHC Smith and Wesson right before earnings at around $23. It is running very well after earnings and just took out some resistance into a new trading range. I'm up a good bit here but I'm going to let it run and take some risk to get a 20%er or so. My long-term core position PLNT ran all the way near IPO prices in the $19s. It might have even printed $20 for a bit. It just sold off on a stock offering. I could swear they are planning on buying back stock soon so I don't get the negative reaction here. Even still I see it going higher over coming months.

Thursday, June 9, 2016

All My Current Positions and Watchlists

I'm still stalking APPS for a buy on the 1.13 print. It hit a high of 1.12 again so this is a key area as I expected. If it hits 1.13 I will be long. PESI is going strong still so I am not looking to short it here. Recent additions to my long-term account include Dominos Pizza DPZ and Planet Fitness PLNT. I've had PLNT for awhile but I don't think I mentioned it on this blog. I did an in-depth analysis on Stock Pursuit. Dominos is moving out of the pennant flag it was in and could run lots more. With people spending more on eating out now than ever in history, this fact puts DPZ in a great position to profit from this trend. I still have FSEAX PFN SORL.

  Watchlist JVA had a big spike day the other day and is holding up. I am watching this one along with BUFF PETS BOJA

Tuesday, June 7, 2016

Long and Short Watch

I ended up cutting my loss on the RYI short immediately after it failed to breakdown. I took a small loss. I have stop orders out to long APPS and short PESI. Long bias APPS, short bias PESI. PESI is a clean looking flag. They have earnings on the 13th. Stop order out to buy if it prints 1.13. The more I look at it the more I want to preempt it and just get in quick. Going to wait for the move first though.

Friday, May 27, 2016

RYI Short Bias

I put an order out to short CLRB on the breakdown yesterday but both of my brokers didn't have any shares to short. It fell nicely though. I'm looking to short RYI on 13.48 breakdown. It hasn't had two big red days since the run-up went full tilt. If it goes red today I think there is a good long scalp to be had. At the least.

Thursday, May 26, 2016

CLRB Short Bias

This one is up to much to fast. Short bias here. Not one to chase and short on spikes. It needs to crack support first and go red on the day.

Monday, May 16, 2016

Sold NWY

I covered the rest of my NWY position I was holding for what seemed like forever. I got a nice gain on it from a short at 3.90, partial cover at 3.82 and cover at 3.25.

Thursday, April 7, 2016

Great Short Setup

It doesn't get much better than this for a stock short setup. This one DRWI is up over 300% in about a week. It's gone from $2 to $10 in less than a month. I've been watching it for days now. It just printed a shooting star way above the upper bollinger band Wednesday. If this cracks the 8.59s it might freefall fast. Wow, the more I look at the chart the more I like it. The fundamentals aren't great. I don't know the driver of this run but it hasn't even been turning a profit on some of the income statements I looked at. One analyst and negative earnings forecast for next year.

Thursday, March 24, 2016

Long NFLX Short WATT

I longed NFLX the other day and went short WATT. I'm currently down on both positions. Ready to cut the loss on WATT if there is a breakout.

Thursday, March 10, 2016

Sold Jones Soda JSDA +37%!!

I took off my whole JSDA position today at $.73 the highest print of the day from a $.53 entry. A 37% gain. I think this is the top to. It printed a shooting star on the daily chart.

Friday, March 4, 2016

Gold Flag Breakout

Gold finally made a move off the triangle consolidation. I posted the picture on the blog incase it's not visible below in email. It's breaking out. I have stop orders out just above resistance on JNUG, IAG and AGQ. Silver has good technicals also with even more room to run until it breaks out. I looked at some old charts from the 2009 gold move and in a similar looking momentum flag as this one it kept running a couple days after the initial breakout. It did have some red days after those but kept going. I'm hoping this isn't a major fakeout breakout because this should have serious legs to run here.