Trading Ideas and Commentary

Robot

2007-06-25T15:45:00.000-07:00

I am no longer posting live blog during the day due to time restrictions. However I do have a robot that trades the market real time and writes its own blog. Please go to http://www.mytradingrobot.com for more.

market

2007-06-06T11:43:00.001-07:00

market trying to bounce up here some into last hour, futures moving up but stocks not following yet overall.

longs status

2007-06-06T10:35:00.000-07:00

Here are the current status of the longs:

HOLX down .25
GPRO up .10
JSDA up .40

short status

2007-06-06T10:29:00.000-07:00

Lets see how our shorts from the AM are doing so far at current prices:

GS down .50 loss
UTX up .20 gain
RHD up .70 gain
WYNN up .40 gain
PBR up .50 gain
MUR even
LLTC up .10 gain
MDT even
USG up .85 gain
LRCX up .60 gain
DD up .90 gain
CNI up .30 gain
VMC up 1.80 gain
PPDI up .10 gain

not too bad so far, prob lock in here mkt is way down no sense pressing bets further

market

2007-06-06T08:24:00.000-07:00

Market just had its first bounce of the day, ES bounced upto 1523 area prob good short - although it does have room to 1524.50 area

GS

2007-06-06T07:55:00.001-07:00

GS coming up short here 225.35

more shorts

2007-06-06T07:37:00.001-07:00

UTX coming up now short 69.78, RHD 77.13, WYNN 96.61, PBR 109.26

MUR

2007-06-06T07:11:00.000-07:00

MUR coming up short here 59.21

VMC

2007-06-06T07:07:00.001-07:00

VMC drops over 1pt, has room for more easy if mkt keeps selling

LLTC

2007-06-06T07:04:00.000-07:00

LLTC coming up short 35.85 - although semi are much stronger overall than mkt so not sure

MDT

2007-06-06T07:00:00.000-07:00

MDT coming up short here now, 52.50

LONGS

2007-06-06T06:54:00.001-07:00

GPRO HOLX and JSDA looking long (55.42,55.05, 17.65)

ITG

2007-06-06T06:49:00.000-07:00

ITG flagging short here at 39.50

USG

2007-06-06T06:48:00.001-07:00

USG short at 51.15 - dont trust this one tho

LRCX

2007-06-06T06:47:00.000-07:00

LRCX short at 53.25

more shorts

2007-06-06T06:44:00.001-07:00

DD short from 51.84, CNI short from 54.15

shorts

2007-06-06T06:38:00.001-07:00

VMC coming up short here 119.20, PPDI coming up short 36.30

shorts

2007-06-06T06:32:00.000-07:00

because of the gap down im getting huge amount of short signals here but they may try the rescue up first - here is the list: PZZA GRMN COLM MMM ESRX MA have the signal - these are on watch - SBUX TRMB AVID TSAI CAL ANDE LNCR FORM BYD HON JBX LEAP MICC RTI IBM FDX

am market

2007-06-06T06:31:00.000-07:00

market is opening decent down - article about Morgan Stanley issuing a big sell signal in Europe and expecting a 14% decline from current levels.

longs

2007-06-05T09:12:00.000-07:00

glad I bailed on all longs about an hour ago, market was just not bouncing that strong.

market

2007-06-05T08:42:00.000-07:00

market still acting short - they tried to rescue earlier but still under pressure. Might be one of the patented all out days where stuff gets killed. Also worth noting is the 10 year yield is 4.991 - psychological 5% is very close where some have speculated people will take profits in market.

HAL

2007-06-05T07:52:00.000-07:00

HAL daily looks long here 36.52

NVDA

2007-06-05T07:47:00.001-07:00

NVDA looking long here 35,.84

CROX

2007-06-05T07:34:00.001-07:00

CROX explodes over 2pts higher now

ESRX

2007-06-05T07:19:00.001-07:00

ESRX selling pretty hard here, might be short 100.85 area small then add on bounce

BRCM

2007-06-05T07:09:00.002-07:00

BRCM making new highs as mkt sells off, another one on my buy list, 31.20

SNDK

2007-06-05T07:09:00.001-07:00

SNDK holding near highs as mkt is near lows, added some long 43.90 for a shot

shorts

2007-06-05T07:04:00.000-07:00

QCOM and SBUX looking short, so far market does not bounce up

CNX

2007-06-05T07:02:00.000-07:00

CNX acting pretty good, 49.40 might be worth a shot long

MA

2007-06-05T07:00:00.000-07:00

MA looks short, but am not going to touch here, on retrace up to 149.50 area might try some

AET

2007-06-05T06:56:00.001-07:00

AET might be a short here 52.50 area

CROX

2007-06-05T06:49:00.001-07:00

CROX coming up long here 82.80

AM

2007-06-05T06:41:00.001-07:00

market opens down to some weakness, will be interesting to see if we actually have a sell day or this am selling will be reversed. LMT looks short, CHRW, COH, ENER and some others but cant do any yet because mkt may pick up per usual

market

2007-06-04T11:51:00.000-07:00

really not much action setting up for last 2 hours - no real ideas right now market is stalled. Would not put it past market to try to squeeze into close though for all the shorts betting that china selloff would tank us market

FRPT

2007-06-04T09:17:00.000-07:00

FRPT 3rd big sell day in a row, looking long to me for reversal later, 24.80 - risk today is prob about 50c from here its down 2.70 now

CYPB

2007-06-04T08:45:00.000-07:00

looking to go long some CYPB here 15.15 area

FSLR

2007-06-04T08:38:00.000-07:00

FSLR looking long here 69.50 will try to see if I can grab some on .30 or so pullback

RDC

2007-06-04T08:35:00.001-07:00

RDC and XRAY looking long here,

IDXX

2007-06-04T08:23:00.001-07:00

IDXX looking long here 89.20

CYMI

2007-06-04T07:38:00.000-07:00

looking to short CYMI 39.80 area here

MOGN

2007-06-04T07:21:00.001-07:00

locking in MOGN here 22.05

PCLN

2007-06-04T07:11:00.000-07:00

PCLN looking long here 62.80 might wait for pullback a bit, market seems to have stalled at ES down 2.50 area

NVDA

2007-06-04T07:09:00.000-07:00

NVDA looking long here 35.18, LEAP looking long also, on radar

HITT

2007-06-04T07:03:00.000-07:00

HITT breaking below 200 day average, looks like decent short, im watching it now and prob will go in, 40.32 area - still possible they rescue it once again

THLD

2007-06-04T06:54:00.000-07:00

trading 1.64 now looking good

TSL

2007-06-04T06:52:00.003-07:00

TSL trading .75 higher now

VLO

2007-06-04T06:52:00.001-07:00

VLO pushed .40 higher,

SBUX

2007-06-04T06:51:00.001-07:00

I like SBUX long from 28.90 for follow on move to friday push

TSL

2007-06-04T06:45:00.000-07:00

TSL looks long for a shot from here 42.60 not really down at all on china, already recovered the small loss

CI

2007-06-04T06:42:00.000-07:00

CI long from 170.15 area, watching for now might jump in some

BWLD

2007-06-04T06:41:00.000-07:00

BWLD watching here for long at 87.30 daily looks due for big pop

VLO

2007-06-04T06:39:00.001-07:00

VLO looks long here 76.20 although oils can be tricky

CELG

2007-06-04T06:37:00.001-07:00

CELG coming up long 62.20 daily looks like it can run

THLD

2007-06-04T06:34:00.002-07:00

watching THLD for possible pop from 1.56-1.58 area they are presenting at ASCO tomorrow, lots of shorts in there might be good for .15-.25 pop

MOGN

2007-06-04T06:34:00.001-07:00

MOGN looks long from 21.80 here, daily has some room although vol a bit light

AM

2007-06-04T06:29:00.000-07:00

After big selloff in China, will be interesting to see if the US market cares at all - opening slightly lower but not by nearly the amounts it has in the past when china has sold off.

MCO

2007-06-01T12:01:00.000-07:00

MCO hitting new lows of 69.16 now with about 1 hour til close

EK

2007-06-01T11:59:00.001-07:00

EK moving up sharply, over 50c now from trigger

GROW

2007-06-01T11:58:00.001-07:00

Big move right on target as GROW explodes 2.50 higher

GROW

2007-06-01T10:43:00.001-07:00

GROW looking long here 21.58 been very quiet past 2 weeks could be ready for big move

EK

2007-06-01T10:40:00.003-07:00

EK coming on long here, prob hold over til monday daily looks good - however its been a bit of time, they may get some lame lbo rumors going on it again ike they did end of april

IDXX

2007-06-01T10:29:00.001-07:00

IDXX looking long here 89.04, kind of thin but can move if volume comes in - prob is ok to watch about 89.15-.20 to add, that way more volume has to come in

WLP

2007-06-01T10:24:00.001-07:00

WLP just dropped .25, locking in here

CELG

2007-06-01T09:49:00.000-07:00

CELG looking long here 62.20, daily overdue for bounce play we will see if it can hold and build

ORI

2007-06-01T09:46:00.000-07:00

up about 15c from post, closing it here, stalled out 21.90 area

MCO

2007-06-01T09:44:00.001-07:00

MCO looking short 69.55 area

WFMI

2007-06-01T08:56:00.001-07:00

stock hitting new highs on day now, 41.87

DAL

2007-06-01T08:55:00.000-07:00

DAL hitting 19.80 now

VLO

2007-06-01T08:46:00.001-07:00

VLO coming on radar long here 76.22

MUR

2007-06-01T08:34:00.000-07:00

MUR looks long here 59.57

LCC

2007-06-01T08:25:00.000-07:00

LCC daily looks short, 35.15 area but might be a day early on it

VRTX

2007-06-01T08:20:00.002-07:00

still watching this name, seems its probably 1 day early as they still try to fade the upmoves. will add to list for later today or monday

LFG

2007-06-01T08:18:00.001-07:00

LFG spiking up 10pts, they do title insurance, looking at ORI as follow on play, chart is setup for .50-1pt pop, adding soem 21.67 not much risk if it does not follow or get picked up

DAL

2007-06-01T08:17:00.000-07:00

looking at DAL long 19.35

VRTX

2007-06-01T08:09:00.001-07:00

VRTX daily looks like ready for bounce up, watching it here at 30.20 area might add some

MOLX

2007-06-01T08:06:00.000-07:00

looking at MOLX long here 30.33

WLP

2007-06-01T07:22:00.000-07:00

looking at WLP short here 81.86 area

RIMM

2007-06-01T07:15:00.001-07:00

dropped over 1pt from that short, locked in and move on

RIMM

2007-06-01T07:08:00.000-07:00

RIMM is weak, futures up over 9 points now and it cannot rally, looks short from 165.60 area

NTRS

2007-06-01T07:00:00.000-07:00

NTRS coming up long 65.22

WFMI

2007-06-01T06:58:00.000-07:00

coming up long on radar 41.50

GOOG

2007-05-31T12:45:00.000-07:00

GOOG showing weakness last 2/3 of day - cannot bounce much but I think it tries to gap up tomorrow so I may put it on my am short list to short on pop

CENX

2007-05-31T12:23:00.001-07:00

CENX spiking thru highs, up about 1pt now

UNP

2007-05-31T09:23:00.001-07:00

UNP up 1 from post, locking in

TSAI

2007-05-31T09:22:00.001-07:00

TSAI over 34 now

DDS

2007-05-31T09:21:00.001-07:00

quick .75 pop on DDS

DDS

2007-05-31T09:08:00.001-07:00

adding DDS long 35.50 chart ready other retailers taking off

CAL ANF

2007-05-31T08:59:00.000-07:00

CAL coming on radar long 40.40, ANF 82.29

SRDX

2007-05-31T08:23:00.003-07:00

adding SRDX long here on big dip, was way up yest and it retraced 75% of the up move today it should bounce up later, 37.85

PCU

2007-05-31T08:16:00.001-07:00

PCU coming on radar long here 89.18 as market making new lows, will watch for entry

UNP

2007-05-31T08:05:00.000-07:00

UNP coming up long here 120.05 - market pulling back some should be fine

TSAI ITG

2007-05-31T08:01:00.001-07:00

TSAI and ITG pressing higher

KYPH

2007-05-31T07:58:00.001-07:00

KYPH pressing new highs for about .70 gain from alert

CENX

2007-05-31T07:37:00.001-07:00

CENX pressing 56 area now, nice .60 upmove - selling some here

CTRP

2007-05-31T07:35:00.000-07:00

CTRP coming up long here now 77.10 might be worth a shot - just watching for now because its a china stock, those have been under pressure lately

CENX

2007-05-31T07:20:00.002-07:00

CENX daily is setup for long, other metals trying to rally, might take a shot

UTHR

2007-05-31T07:20:00.001-07:00

cutting UTHR short earlier stock is getting rescue today vs selling

AKAM

2007-05-31T07:07:00.001-07:00

AKAM drops .50 fast, covering here on this dip 42.40s

AKAM

2007-05-31T07:05:00.000-07:00

taking a shot and shorting AKAM near 45, its up 2.50 on the day almost - should be close to pullback area

PZZA

2007-05-31T07:01:00.000-07:00

PZZA coming up long on radar 31.53 - chart is primed for move if they can punch it thru the 200 day resistance