SHOP (short) - Taking back all of yesterday's gains this
morning. I exited on the sharp reversal near the open.
But hopefully it's just a back test and those still in the trade
will see further profits.
I've been playing Nat Gas a bit this past week. I got in too
early at the bottom and was stopped out; thereby missing the
bounce. But when UNG hit the downtrend line at $6 resist I took a
swing, double short with KOLD. Got stopped out today with a 21%
profit. Now the question is: what is today's bounce? a double
bottom reversal? or a bear flag for another leg down? Matt feels
UNG will go to its 2002 lows, so a bear flag may be another
shorting op via KOLD.Personally I don't see UNG reversing here, so
if the bear flag becomes a Bull Flag, then I see it being range
bound for some time between $5 and $6 which could also be
profitable using either KOLD (short) or BOIL (long).
Any comments or insights from others are very welcome :-)
Posted by keithbob on 30th of Jan 2012 at 09:26 am
Nice looking chart, I'm in at 79 cents but I think there is
quite a bit more upside to this one. It reported good earnings a
few days ago and pays a dividend on Feb 7th.
In my experience, the OBV zero reading on multiple time frames
is a somewhat objective method for picking near term bottoms.
CLSN up 7% from this mornings low and should continue upward based
on the inverse HS pattern on the 5 min chart.
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Gold/Silver ratio nearing all time
Posted by keithbob on 12th of Mar 2020 at 02:55 pm
Gold/Silver ratio nearing all time highs
Airlines and Cruise Lines bouncing
Posted by keithbob on 6th of Mar 2020 at 10:32 am
Airlines and Cruise Lines bouncing today while shipping, railroads and trucking continue to sell off. Spirit (SAVE) leading the way with a 10% rally.
MNK on fire today!
Posted by keithbob on 15th of Jan 2020 at 12:43 pm
MNK on fire today!
SHOP - Potential upside break
Posted by keithbob on 13th of Nov 2019 at 10:43 am
SHOP - Potential upside break of triangle ? or reversal at resistance?
SHOP (short) - Taking back
Posted by keithbob on 8th of Nov 2019 at 10:04 am
SHOP (short) - Taking back all of yesterday's gains this morning. I exited on the sharp reversal near the open. But hopefully it's just a back test and those still in the trade will see further profits.
And KGC down 14% -
HL - Notable horrorDown 12% today. Glad I took profits ...
Posted by keithbob on 7th of Nov 2019 at 12:27 pm
And KGC down 14% - also on earnings
Yes, very suspicious to my
Interesting the chinese are saying tariff rollback and no comments ...
Posted by keithbob on 7th of Nov 2019 at 11:10 am
Yes, very suspicious to my eye
HL - Notable horror Down 12%
Posted by keithbob on 7th of Nov 2019 at 10:57 am
HL - Notable horror
Down 12% today. Glad I took profits on 11/4
TEVA - up on earnings
Posted by keithbob on 7th of Nov 2019 at 08:37 am
TEVA - up on earnings
https://finance.yahoo.com/m/cc8e7056-a87e-3a1b-85b3-5c3cf269721a/teva%E2%80%99s-earnings-met.html
https://www.marketwatch.com/story/chicago-pmi-weakens-further-in-october-2019-10-31
Posted by keithbob on 31st of Oct 2019 at 12:03 pm
https://www.marketwatch.com/story/chicago-pmi-weakens-further-in-october-2019-10-31
JASO
Posted by keithbob on 17th of Feb 2012 at 09:39 am
I bought yesterday at $1.80 support and today its bouncing nicely off its uptrend line. Breakout level is way over head at $2.35
COMV
COMV
Posted by keithbob on 6th of Feb 2012 at 10:57 am
It appears to be forming a bull flag on the 15 min chart just below the $1.50 resistance
Shipping Stocks
Posted by keithbob on 6th of Feb 2012 at 10:20 am
The shipping index SHX has formed a nice bottoming and is on the verge of either a breakout or a retreat.
Meantime many shipping stocks are popping nicely (DHT, DRYS, GNK)
Nat Gas via leveraged ETF's
Posted by keithbob on 2nd of Feb 2012 at 11:14 am
I've been playing Nat Gas a bit this past week. I got in too early at the bottom and was stopped out; thereby missing the bounce. But when UNG hit the downtrend line at $6 resist I took a swing, double short with KOLD. Got stopped out today with a 21% profit. Now the question is: what is today's bounce? a double bottom reversal? or a bear flag for another leg down? Matt feels UNG will go to its 2002 lows, so a bear flag may be another shorting op via KOLD.Personally I don't see UNG reversing here, so if the bear flag becomes a Bull Flag, then I see it being range bound for some time between $5 and $6 which could also be profitable using either KOLD (short) or BOIL (long).
Any comments or insights from others are very welcome :-)
AVL Rare Earth
Posted by keithbob on 2nd of Feb 2012 at 11:01 am
On the move, I'm in at $3.30
up 16% at $1.01 let's
DHT
Posted by keithbob on 30th of Jan 2012 at 10:34 am
up 16% at $1.01 let's see what it does here
Thanks for the correction
DHT
Posted by keithbob on 30th of Jan 2012 at 09:56 am
Thanks for the correction
DHT
Posted by keithbob on 30th of Jan 2012 at 09:26 am
Nice looking chart, I'm in at 79 cents but I think there is quite a bit more upside to this one. It reported good earnings a few days ago and pays a dividend on Feb 7th.
CLSN
CLSN
Posted by keithbob on 5th of Dec 2011 at 03:09 pm
In my experience, the OBV zero reading on multiple time frames is a somewhat objective method for picking near term bottoms. CLSN up 7% from this mornings low and should continue upward based on the inverse HS pattern on the 5 min chart.
Guess I read your mind
HERO update
Posted by keithbob on 5th of Dec 2011 at 10:30 am
Guess I read your mind