My thesis to go to 50% cash has played out just the way I imagined. Most smallcaps last couple weeks have wilted like a moustached frenchman at the first sight of battle. As you know the SPY is what […]
Today we had some people freaking out about the Shanxi Province in China taking over the coal mines. This is not exactly unexpected, read on…
I don’t expect a lot of upside tomorrow, but I do have a few long scalp/swing setups that I’ll be watching.
This is very eeeeeeerie. Summer ended 9/22/2009. Being that I am a gentleman and always in fashion I gave up the white pants. For 2 days the market has caught unsuspecting bulls with their pants down throwing 50 year old […]
Yesteday was good day for all from what I could see on the stream. There are bigtime breakouts happening in numerous sectors. Finnies, Basic Materials were on steroids yesterday. Big runs happening in the smallcaps in both those sectors. As […]
I received a DM yesterday from @TryTheWine basically asking how I was able to value these stocks so quickly, specifically the TRIT IPO. The answer is pretty simple, I start with a small position. Depending on your scale that could vary, but I usually like to hold positions in the 30k-80k range depen
Lot of people asking me about shippers. I shall be quick. They do look good. Mostly all them have same pattern. Solid break to upside crossing major moving avgs. They can be bought on low vol pullbacks to support. Here […]
Yesterday was a day to remember. i am sure to write a blog this weekend on the day kunal00 made the world go booooooom. The kind of boom that makes people fall out of their chairs and rip the dentures […]
Lots of solar stocks hitting against MA50. Time to watch for a breakout or resistance reversal.