Posted by racerick on 30th of Apr 2014 at 06:14 am
TWTR making new early morning lows - stock now at all time new
low - down 50% from it's high in December at a time when the market
near it's all time high. Company still doesn't have an effective
plan for monetizing it's platform and why anyone would buy the
stock here have no idea. Typically broken stocks like this usually
have to form a base for awhile before any meaningful recovery, if
ever. Sure there is a bounce to be had somewhere but I personally
try to shy away from the falling knife strategy.
TWTR 15min - http://screencast.com/t/sqck4yTc1cy9
TWTR Daily - http://screencast.com/t/81VVafNs4
YELP - reports today - has been stronger past day and 1/2 and
looks like it could bounce, but insiders have been pretty heavy
sellers past few weeks and read a report yesterday that insiders
have sold 116 million shares versus 0 buys in past 15 months. Stock
is down 50% from it's high just 6 weeks ago on 3/5/14 but still
double what it was 1 year ago when it broke out from it's base at
24ish on the way to $101 and another company that's yet to figure
out how to make money.
The community is delayed by three days for non registered users.
Some violence going on in Ukraine
Posted by racerick on 2nd of May 2014 at 10:54 am
Traders need to watch the yen
Posted by racerick on 2nd of May 2014 at 10:44 am
ALL the metals just spiked
Posted by racerick on 2nd of May 2014 at 10:29 am
VRSN
Posted by racerick on 1st of May 2014 at 11:23 am
Triggered this am and now has pulled back - actually had good earnings last week- Can keep pretty tight stop
http://screencast.com/t/gAO7jWfoEp3f
Futures are Wild this am
Posted by racerick on 30th of Apr 2014 at 08:36 am
First stock futures spike while oil and metals drop on ADP number
Then GDP comes out much lower and everything violently reverses
Some huge moves in a 10 min span
TWTR and YELP
Posted by racerick on 30th of Apr 2014 at 06:14 am
TWTR making new early morning lows - stock now at all time new low - down 50% from it's high in December at a time when the market near it's all time high. Company still doesn't have an effective plan for monetizing it's platform and why anyone would buy the stock here have no idea. Typically broken stocks like this usually have to form a base for awhile before any meaningful recovery, if ever. Sure there is a bounce to be had somewhere but I personally try to shy away from the falling knife strategy.
TWTR 15min - http://screencast.com/t/sqck4yTc1cy9
TWTR Daily - http://screencast.com/t/81VVafNs4
YELP - reports today - has been stronger past day and 1/2 and looks like it could bounce, but insiders have been pretty heavy sellers past few weeks and read a report yesterday that insiders have sold 116 million shares versus 0 buys in past 15 months. Stock is down 50% from it's high just 6 weeks ago on 3/5/14 but still double what it was 1 year ago when it broke out from it's base at 24ish on the way to $101 and another company that's yet to figure out how to make money.
YELP weekly - http://screencast.com/t/syqlahe1
EXC - Sometimes you just want to beat your head against the wall, LOL
Posted by racerick on 30th of Apr 2014 at 05:19 am
Up 30% in past few months - darn utility stock
Though if you look at weekly it is forming a reversal candle this week so far at it's previous highs
http://elite.finviz.com/quote.ashx?t=EXC
Good article, so true - thanks
Playing Good Defense as a Trader (Investor)
Posted by racerick on 30th of Apr 2014 at 05:09 am
SPX
Posted by racerick on 29th of Apr 2014 at 02:59 pm
Thinking we may break to the upside considering how VIX and VXX acting
DDD
Posted by racerick on 29th of Apr 2014 at 02:51 pm
DDD
DDD long off 2nd symmetry low
Posted by racerick on 29th of Apr 2014 at 02:26 pm
Glad you mentioned, had forgotten about it for past hour since it had dropped to new low. We need for it to get above 50ma here
Gold back at recent lows this am but Silver getting really hit
Posted by racerick on 24th of Apr 2014 at 06:49 am
AAPL 7-1 split, Earnings blew away skeptics
Posted by racerick on 23rd of Apr 2014 at 04:36 pm
Coffee and DBA up big today
Posted by racerick on 17th of Apr 2014 at 01:36 pm
Has been incredible - 2 days in a row like this
volatility
Posted by racerick on 15th of Apr 2014 at 02:55 pm
Would help if USD/JPY would quit dropping like a rock
Posted by racerick on 15th of Apr 2014 at 12:49 pm
Trying a few of the glamor stocks off the SPX S1
Posted by racerick on 15th of Apr 2014 at 12:14 pm
AMZN at 306.37, BIB at 62.54 and NFLX at 314.36. Moving stops to flat here momentarily
Steve and Matt
SPX pulled back from the 9 EMA
Posted by racerick on 15th of Apr 2014 at 10:24 am
ARUN taking off
Posted by racerick on 15th of Apr 2014 at 09:36 am
Where's next support level on SPX here below 1814?
Posted by racerick on 11th of Apr 2014 at 02:49 pm