Robot

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

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

longs status

Here are the current status of the longs:

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

short status

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

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

GS coming up short here 225.35

more shorts

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

MUR

MUR coming up short here 59.21

VMC

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

LLTC

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

MDT

MDT coming up short here now, 52.50

LONGS

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

ITG

ITG flagging short here at 39.50

USG

USG short at 51.15 - dont trust this one tho

LRCX

LRCX short at 53.25

more shorts

DD short from 51.84, CNI short from 54.15

shorts

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

shorts

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

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

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

market

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

HAL daily looks long here 36.52

NVDA

NVDA looking long here 35,.84

CROX

CROX explodes over 2pts higher now

ESRX

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

BRCM

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

SNDK

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

shorts

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

CNX

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

MA

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

AET

AET might be a short here 52.50 area

CROX

CROX coming up long here 82.80

AM

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

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

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

looking to go long some CYPB here 15.15 area

FSLR

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

RDC

RDC and XRAY looking long here,

IDXX

IDXX looking long here 89.20

CYMI

looking to short CYMI 39.80 area here

MOGN

locking in MOGN here 22.05

PCLN

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

NVDA

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

HITT

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

trading 1.64 now looking good

TSL

TSL trading .75 higher now

VLO

VLO pushed .40 higher,

SBUX

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

TSL

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

CI

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

BWLD

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

VLO

VLO looks long here 76.20 although oils can be tricky

CELG

CELG coming up long 62.20 daily looks like it can run

THLD

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

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

AM

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

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

EK

EK moving up sharply, over 50c now from trigger

GROW

Big move right on target as GROW explodes 2.50 higher

GROW

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

EK

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

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

WLP just dropped .25, locking in here

CELG

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

ORI

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

MCO

MCO looking short 69.55 area

WFMI

stock hitting new highs on day now, 41.87

DAL

DAL hitting 19.80 now

VLO

VLO coming on radar long here 76.22

MUR

MUR looks long here 59.57

LCC

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

VRTX

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

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

looking at DAL long 19.35

VRTX

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

MOLX

looking at MOLX long here 30.33

WLP

looking at WLP short here 81.86 area

RIMM

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

RIMM

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

NTRS

NTRS coming up long 65.22

WFMI

coming up long on radar 41.50