DISQUS

Blue Chip Bulldog: Trades for 10/21/09

  • Sentiment_Al · 2 months ago
    Generally speaking, the weakest looking daily charts are in REITs, financials, small caps, and certain asian markets. All are up today, some by decent percentages. They'll eventually be what I want to short. But for now I'm 100% long in a smattering of my favorite flu/biotech issues plus STEC and DRYS.
  • moo · 2 months ago
    I'm still out of it folks, fever is gone but I'm still weak. Hope to be better soon. Good Trading to All.
  • Doji Girl · 2 months ago
    Good to see your scowling blue face. Wishing you continued improvement and hope to see you back up to speed real soon.
  • Sentiment_Al · 2 months ago
    Good morning, moo. Glad to hear the slow ascent to health has started for you. I'm working from home today so I can take care of my teenage son whose fever started last night....viewed close up, this flu is impressively nasty, so you really have my sympathies!
  • Tazman · 2 months ago
    Thoughts on WEN?.....PCS?

    WEN @ 4.26 PM....
  • Sentiment_Al · 2 months ago
    The 4.20's served as support in late July, and 4.31 is the 61.8% retracement of the whole July--Aug rally... so .... might be worth a try in here. 4.30 right now...
  • Chuckles · 2 months ago
    Good morning moo,
    It's good to hear you're doing better. You've been missed here.
  • Tazman · 2 months ago
    Good morning Big Dog......Ms B keeping us in line.....
  • fuzzygreysocks · 2 months ago
    Glad you ain't dead, Moo.
    Fade that bug.
  • ricco · 2 months ago
    Hourly chart for MGM, watching http://www.screencast.com/t/FbzD82tKtR
  • InthePink · 2 months ago
    I'll switch my target to 1098
  • aviat72 · 2 months ago
    Setting up for a Trend up day in equities led by the USD. $$ $ES_F Ticks have been overwhelmingly positive.

    Pre-open there was weakness in some sectors but someone pressed the sell the dollar button around 9:00AM and no looking back since then.
    Watch for the oil report to get the all clear.
  • InthePink · 2 months ago
    good morning everyone,

    In case anyone is interested, an awesome site I frequent every day is Pivot Farm. It has confluence numbers for ES, NQ, YM, and some Forex every day. Here is today's futures info:

    http://www.pivotfarm.com/PivotfarmSupport&Resis...
  • crazygirl · 2 months ago
    Thank! :0)
  • InthePink · 2 months ago
    1095 is about +10 away from the 1085 open... that's the ultimate high I see likely for today.

    I've been collecting data to determine the average intraday range of the ES... I'll disclose more later
  • rrman · 2 months ago
    10 pointish a day seems to be the modus operandus for the last few months
  • InthePink · 2 months ago
    yeah, I bailed on my longs a tad early, but at least I got the gap fill trade
  • SnPMonster · 2 months ago
    Share | Earnings | Times Earnings
    WFC .56 53.57
    JPM .86 53.48
    GS 5.25 35.48
    MS .38 81.57

    MS appears quite overvalued.
  • Tazman · 2 months ago
    08:25 AM Eastern Daylight Time, 10/21/2009 (MidnightTrader) -- Some of the stocks moving on news-driven events in today's pre-market include:
    WFC, -2.6%

    AGEN, -42.5%

    SNDK, +6.5%

    APCVZ, +20%

    MS, +0.6%

    YHOO, +4.5%

    FCX, -0.8%

    NVAX, +2.6%

    CRXX, +16%

    USB, -0.1%

    BA, -2.5%

    PLCM, -10%

    TSFG, -17.5%

    KEY, -4%

    MO, -1.6%

    STX, -1.6%

    ELN, +4%
  • Chuckles · 2 months ago
    FCX forecast looks to be improved. They've re-instated a $.60 dividend and upped their projection for 2009 and yet they are down a little in the pre-market. I guess the details forthcoming in the morning conference call will explain why?
  • Tazman · 2 months ago
    I will continue to add FCF in 5.20 range....
  • Tazman · 2 months ago
    We missed the NDAQ trade @ 19.60 range.....

    I also have JACK back on screen.....@ 19.40 range.
  • Chuckles · 2 months ago
    I'm watching LEAP this morning as well.
  • Tazman · 2 months ago
    Left TUNE before close yesterday....out @ 1.97....entered @ 1.92....

    Still have BEST @ 1.64.....RNN did not hit entry....or NNVC....LOTTO

    Wish I would have held DRV...but a 3X is a killer to hold....
  • Chuckles · 2 months ago
    moo,
    PENN missed projections. They are down almost 5% this morning. This is one of the gaming stocks the analysts had recommended a couple of months ago when they said the casinos were not going to perform well in the short term.
  • Chuckles · 2 months ago
    brinkley or moo,
    Would you share your thoughts on PM's in the short term? This looks like an opportunity to buy a dip but I'm curious where you think the bottom of the dip will be.
  • greekgoodies · 2 months ago
    Tickervile is out of gold and silver now. I thought it would be the right time to buy but..........?
  • Tazman · 2 months ago
    Still holding your RNN?....My limit did not hit @ .67.....
  • greekgoodies · 2 months ago
    Yes bought @ .68. what do u see at a price to sell? .85?
  • Tazman · 2 months ago
    .78...IMO....but could run...
  • Brinkley · 2 months ago
    I need to watch the open, and then will try to comment, Chuck.
  • Tazman · 2 months ago
    DEPO....some good volume @ 3.27 range......on my screen....LOTTO
  • Brinkley · 2 months ago
    Good morning, Folks-- moo is still under the weather, so we'll have to muddle along without him again today. As you know, the market's at a pretty critical juncture up here, at least near-term. Please be extra careful out there. As you also probably know by now, I have been struggling with tech issues that caused me some serious headaches yesterday. Right now things seem ok, but if I start getting booted off trade servers every 10 minutes again, I may disappear as well. I'm still monitoring (and trading) some of the bigger momentum names that haven't reported yet (FSLR, BIDU, CME, MA) along with the usual suspects.
  • Tazman · 2 months ago
    Damn....DEPO taking off.....no position
  • InthePink · 2 months ago
    TRADE ALERT

    long ES 1085.75 @ open, looking for 1089
  • InthePink · 2 months ago
    out +3 @ 1088.75

    BOOM! Off to school in a bit
  • Tazman · 2 months ago
    Nice trade Pink....
  • InthePink · 2 months ago
    thanks Tazanator
  • ds2 · 2 months ago
    Nice one. Thanks again Pink. I bailed a little early but not bad. I'll probably come back at this again later. Seems like a good range.
  • InthePink · 2 months ago
    yeah, this is nice for today
  • Tazman · 2 months ago
    TRADE ALERT

    BEE @ 2.33.....
  • fstrtrdr · 2 months ago
    Hope I was right last night bear. I bought the close last night AND the open this a.m.
  • fuzzygreysocks · 2 months ago
    Dutch, you catching any of this TNA action this morn'?
  • Dutch · 2 months ago
    No I slept in. I'm lacking the necessary motivation to keep pressing these moves with size.

    Glad you got it from yesterday. Good trade.
  • Brinkley · 2 months ago
    HERO is on the move.
  • Tazman · 2 months ago
    Went DRV @ 18.93.....
  • Tazman · 2 months ago
    Watch PQ.....no position yet...

    EDIT...starting a position @ 7.33.....
  • InthePink · 2 months ago
    3.28 P/C ratio on advancing SP500 stocks today... divergence from price
  • Tazman · 2 months ago
    Added 1/3 more PQ @ 7.33......
  • Sentiment_Al · 2 months ago
    STEC up strong.
    DRYS, too.
  • Tazman · 2 months ago
    AXL....YRCW nice moves....no position
  • Tazman · 2 months ago
    Watch HOV if we pull back......no position
  • Tazman · 2 months ago
    TUNE starting some green bars...sold yesterday.....
  • Brinkley · 2 months ago
    NFP, PNC, USB, MS, WFC are some of the better looking and acting financials right now. The education stocks are also still looking very ripe-- CECO, COCO, ESI, STRA, APOL, DV.
  • ds2 · 2 months ago
    My company - AVID is on the move. Earnings on 10/22
  • ds2 · 2 months ago
    Is it considered insider trading for me to trade my companies stock around earnings even if I don't know anything?
  • Tazman · 2 months ago
    We heard NOTHING.....
  • fstrtrdr · 2 months ago
    Bernie called to say it's no big deal.
  • Chuckles · 2 months ago
    Most employers send out an email or notification of some kind if there is a blackout period when employees can't trade the company stock.
  • fstrtrdr · 2 months ago
    Stink - I sold my PENN calls too early this a.m.! Buying calls on STINK...
  • Tazman · 2 months ago
    DRV still holding....should have added @ 18.88.....
  • Tazman · 2 months ago
    PQ....love this stock.....move baby.....
  • ds2 · 2 months ago
    Just noticed BQI running again. I STILL hold this stock. LOL
  • Tazman · 2 months ago
    Watch BEST....I'm in @ 1.64 yesterday.....(was stopped out first trade for loss)
  • Brinkley · 2 months ago
    NEW POST
  • Tazman · 2 months ago
    PQ....I am leaving @ 7.54
  • fstrtrdr · 2 months ago
    My PARD at a critical point again - hey we might do it this time? AXP still dancin' on the top and I'm still playing w/ the credit card fire.