EBR,      some other brazilian companies rallying on some news of tapping overseas debt mkts  BOJ $$  ,   vale etc.     perhaps some moneyflow into the etfs,

ANV  finally an up day !!

EBR   for watchlist off lows,         maybe another bounce play up off the lows,  

Mako,  reversal bounce off lows today

possible trade idea;  GMED  poking its head at 15 again,   held up well last few days;

EBR is the largest elec utlility in Brazil   eps out today,  this is govt controlled utility but today announced they will pay the dividend and an expansion plan ,  i think this was a cloud over stock,    lots of air above,,,,,,  for watchlist

Gale,   for watch list, breaking out     slower mover but looks decent here,  got a needham upgrade as well pt ~ 3.50

this was almost a textbook example of running the stops this morning  all the way through the 9    20      50 and stopping at the 89,   crazy trades  maybe some lockups expired from the ipo and GS needed to book a nice trading profit  :-0,    

with the long bond taking it on the chin dwn over a point today,  maybe the complacency surrounding the dividends trade could begin an unwind,  impetus for a correction  ?    

just an observation,,,,,,,long the   uvxy as a hedge here,

on a day with weak oil/energy and a lot of secondary oil stocks getting slammed this one reversed off lows,

worth keeping an eye on ,    kind of reminds me of the way MMR  traded

hey like any good trade in the plus column with nice profits,   like jack lord used to say in hawaii five O,

nice trade

BOOK EM DANNO !!

spvxsp   on yahoo finance,

spvxsp.id   on tos,                not sure about stockcharts symbol

just a thought on these  if i am looking to trade the uvxy i always watch the action in the index  spvxsp,  as a guide   looking at todays action  uvxy is at a premium to the index decline,   this has saved me from poor entries on this several times,  

fwiw

uvxy  The investment seeks to replicate, net of expenses, twice the return of the S&P 500 VIX Short-Term Futures index for a single day

i posted a link in off topic for those that may find a 16 yr actress turned day trader interesting,    all in all sounds like a bright girl !! 

normally don t post fluff,   but figured we could use a chuckle for the long weekend,   this type of stuff always reminds me of an imminent top in the markets,   i still have the issue of forbes with the teenager day trader on the cover circa 2000

http://finance.yahoo.com/blogs/breakout/16-old-actress-turns-stock-day-trader-143823005.html

Rachel Fox isn’t an ordinary 16-year-old. She's already graduated from High School and has been a working Hollywood actress for years, appearing in shows like Desperate Housewives as evil Kayla Scavo and in the film Dream House with Daniel Craig and Naomi Watts. When she’s not on set she can often be found on stage, singing and playing guitar in an indie rock band

That would be a packed schedule for most of us, but Rachel has another activity that’s a real passion. For the last year-and-a-half she’s been actively day-trading stocks with her own money. She says she's been racking up stellar returns, claiming a 30.4% gain in 2012, versus the benchmark S&P 500 which gained 13% for last year.

IL  creeping up slowly after early flush,,,,,i believe the trigger price is 6 70  may hit soon  for watch here