Stocks, charts, risk management & coffee

Another week passes and it is still very difficult to determine whether to take a long or a short bias this week. We really have a mixed bag. Generally the setups look quite bullish but everything looks way overbought. The equates to sitting on the sidelines and trading alternative strategies since the market cannot be [...]

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§393 · August 2, 2009 · ABAT, AZO, FXA, FXB, GLD, IBB, PFF, SLV, SPY, Sunday Night Coffee, WFT, XLP, qqqq · View Comments ·


This week I have less general market commentary and more focus on specific stocks. I’m seeing more long opportunities than short opportunities, but I am generally seeing a good balance of both. Many of my ideas from last week are also still valid.

The action in the QQQQs was actually quite helpful last week. I had [...]

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§319 · June 21, 2009 · ABAT, AVAV, BDK, BSY, CY, DBB, DRI, EEM, IAT, MOO, OMC, PAR, SAFM, SGP, UGA, qqqq · View Comments ·


I will keep it short and sweet this morning. I found myself to be especially motivated this morning, so here are some price patterns that might be worth a look.

Looking for a breakout on CLNE to the long side over $10.

Breakout on ABAT at about $4. This one could be a good addition to a [...]

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§302 · June 13, 2009 · ABAT, CLNE, HERO, PCX, PNC · View Comments ·