PANW great trade idea.   how should one trail a stop at this point.  what is the right amount to make the trail?

panw nice backfill for those who missed it.  

BOIL is a widowmaker but still sitting nicely above the recent daily breakout

yeah, what's with bonds rallying????since the minutes

Matt, I'm just trying to figure ou which of the systems will get sent to the community and SMS-the gdx under 2%rsi doesn't get sent out? Thanks

Matt, how can we find out about the 'system' signals more quickly.  I seem to miss most of them if I'm not scanning the community.  Thx

ZSL and ERY starting to look pretty good.   Unfortunately that's usually where they turn around.   But maybe not this time.

Thanks, looks nice.  Good volume last couple of days.  Trying to figure out a way to go long with options.  Vol levels are not super cheap on it but not too unreasonable.  GDX  hung in there after a nice move yesterday.   I think these things could be setting themselves up for a heck of a run.  Looking forward to Matt's take on the sector in the newsletter.

vol on tech stocks is so cheap it's insane.   BRCM,  SNDK, GOOG etc...   I think buying Oct vol is a 5 star trade right now.   You might have to stomach another couple of weeks of low vol but there are a few ways to win now.   Likely higher implieds in the next two months, and some reasonable chance for volatility to gamma trade them in the mean time.

Wow,  any platinum specific companies to watch?   Or is platinum just usually part of the gold mining game?  Thanks to anyone with this kind of info...

PCS next leg up?   breaking out of long consolidation...

Some risk sectors starting to go on TSX today.   ARX breaking out of a tight range (Nat Gas).  Also MDW, a gold stock we've mentioned before on BPT is looking good on nice volume.   SU also going on good volume.   Risk on?

New highs Euro.   Spanish bonds soaring.  Fear.

It's funny you mention that, Matt - I'm a real believer in momentum in life.   It's interesting how when you're having a good month trading you tend to get luckier and things just seem to 'go right'. And the opposite is true.  I don't know why it happens but it seems to be about more than just strategies.  Maybe we've been in one of those Twillight-zonish markets that just doesn't gel with the system but at some point the historical performance averages will start to take precedence over the divine intervention that has dominated lately.

Wow, I think I've got to sell some here.   I've seen too many profits evaporate.

I mentioned LULU yesterday as an interesting short setup.   It's happening.   Big insider selling reports are getting it going to the downside.   Breaking it's recent lows in Canada and getting very close on the US chart

http://stockcharts.com/h-sc/ui?s=LULU

Goldcorp lowered guidance (GG).  Down $2.50. Might help to get GDX below that 42.50 level....

Volatiliy levels (calls/puts) are very very cheap on everthing here guys.   Commodity names especially.   Even after today's drop.  Makes sense because we're heading into a seasonally slow period, but given what happened last summer and the way some of these charts are looking it's a great time to pick up a few cheap puts just in case.

I don't see how this ERX isn't going to $33 now.   broke support,   retested and failed.  Oil failing.   CRB looking bad.    Suddenly everyone was risk on the last couple of weeks.  That could unravel pretty badly...

LULU is kind of coiling right below the 13 day EMA on lower volume,  just like it did a couple of weeks ago before it broke.   if it breaks below 58 it could get ugly.  Nasty candle setting up today too.

http://stockcharts.com/h-sc/ui?s=LULU&p=D&b=5&g=0&id=p95070596526

Interesting - the EUO started acting well last week and now the TLT is breaking out.   Are these predicting another ball to drop somewhere soon?  Maybe Roubini is right - economic storm is unstoppable now.  Economies will have to take their medicine.

TLT:

http://stockcharts.com/h-sc/ui?s=TLT