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% - also on earnings 

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

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 Wink

CLSN

Posted by keithbob on 5th of Dec 2011 at 10:23 am

I think it is bottoming as we speak. OBV has gone to zero in the past few days on all time frames. Its at support from the spring. Its due for a bounce. I'm in with a tight stop. If it goes below today's low, its hasta la vista time.

HERO update

Posted by keithbob on 5th of Dec 2011 at 10:21 am

Up 6% on OK volume, let's see if it holds

HERO

Posted by keithbob on 5th of Dec 2011 at 09:08 am

May break out this morning

The week ahead

Posted by keithbob on 5th of Dec 2011 at 08:30 am

S&P 500 stock index futures are pointing firmly higher, hinting crude oil is likely to rise amid a broad-based advance in risk sentiment. The chipper mood may quickly come undone however as German Chancellor Angela Merkel and French President Nicolas Sarkozy meet in Paris in an attempt to forge a united front ahead of the EU leaders’ summit set to begin on Thursday.

Traders will be looking for a reading on progress toward a compromise arrangement floated toward the end of last week that envisions establishing the roadmap to deeper integration and a firm commitment to follow it (a German imperative) followed by a larger-scale ECB bond purchase program to relieve immediate upward pressure on borrowing costs (a French objective). Signs that an accord has been reached are likely to boost risk appetite and – by extension – the WTI contact. Needless to say, the reverse is likewise the case. The US ISM Non-manufacturing gauge is on tap later in the session, with expectations calling for the service sector to expand at the fastest pace in six months.

http://finance.yahoo.com/news/Oil-Gold-Aim-Higher-Merkel-fxcm-683972348.html?x=0

 

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