It’s Good to Be the King Dollar

goodtobetheking

Commodities, by and large, remain hands-off for now in terms of my style of trading. The main reason which could explain the weakness of late has been the extreme strength in the U.S. Dollar.

Not only has King Dollar become overbought of late, but it has stubbornly remained so and is pushing higher yet, as you can see on the Dollar ETF below. Until this dynamic changes, and commodities (especially metals) can shrug off Dollar strength, I am not too interested in being a hero in that asset class.

Elsewhere, as we await BABA to start trading YHOO is green bit in a holding pattern of sorts. Also, big-time biotech loser ARNA is turning it around with an apparent vicious short squeeze.

What are you trading this morning?

_______________________________________________________________________

UUP

 

The Mortal Kombat Finish Him Stocks

finish-him

In the event we see a further rally this week, here are some actionable long ideas which are heavily-shorted.

Please click the screen shot below for a larger view of my “12631 FINISH HIM! SHORT KILLER SCREEN” inside The PPT. Obviously these stocks are going to have the highest percentage of shorts and, according to the algorithm, are set up well to squeeze further.

If this bull goes buck wild, this is a great idea screen.

Members can click here to view and save it.

_____________________________________________

2014-09-18_2337

 

Night Owl Open Forum

night-owl

For you night owls out there, feel free to drop me any market/trading-related topics you would like me to cover in a weekend video.

In addition, anything else about the current market, and especially the upcoming BABA IPO and relevant plays (see previous post), feel free to drop below.

Also check out the video below featuring self-driving cars.

Speak your mind, night owls.

Late Night Strategy for Friday

Shanghai: night view of elevated highways

We looked at CMGE last night as a long idea in front of the BABA IPO.

Even though the stock was up over 7% on Thursday and may smack of chasing, I believe it is worth another look into Friday for potential pin action.

On the 30-minute chart, below, note the highlighted bull flag formed yesterday afternoon (light blue lines)

If all goes well with BABA, this one may be ripe to break higher yet for another momentum long, if only for a quick trade.

Drop me your top tickers overnight.

_________________________________________________________

CMGE

 

Stock #Market Recap 09/18/14 {Video}

If you enjoy my blog posts and videos, then I would encourage you to please click on this 12631 hyperlink for more details about joining our great team of traders at a very reasonable price. 12631 is a trading service which @RaginCajun and I direct here at iBankCoin.

Enjoy tonight’s video, and enjoy your evening. 

Direct Vimeo Link Click Here

It’s Good to Be the King Dollar

goodtobetheking

Commodities, by and large, remain hands-off for now in terms of my style of trading. The main reason which could explain the weakness of late has been the extreme strength in the U.S. Dollar.

Not only has King Dollar become overbought of late, but it has stubbornly remained so and is pushing higher yet, as you can see on the Dollar ETF below. Until this dynamic changes, and commodities (especially metals) can shrug off Dollar strength, I am not too interested in being a hero in that asset class.

Elsewhere, as we await BABA to start trading YHOO is green bit in a holding pattern of sorts. Also, big-time biotech loser ARNA is turning it around with an apparent vicious short squeeze.

What are you trading this morning?

_______________________________________________________________________

UUP

 

The Mortal Kombat Finish Him Stocks

finish-him

In the event we see a further rally this week, here are some actionable long ideas which are heavily-shorted.

Please click the screen shot below for a larger view of my “12631 FINISH HIM! SHORT KILLER SCREEN” inside The PPT. Obviously these stocks are going to have the highest percentage of shorts and, according to the algorithm, are set up well to squeeze further.

If this bull goes buck wild, this is a great idea screen.

Members can click here to view and save it.

_____________________________________________

2014-09-18_2337

 

Night Owl Open Forum

night-owl

For you night owls out there, feel free to drop me any market/trading-related topics you would like me to cover in a weekend video.

In addition, anything else about the current market, and especially the upcoming BABA IPO and relevant plays (see previous post), feel free to drop below.

Also check out the video below featuring self-driving cars.

Speak your mind, night owls.

Late Night Strategy for Friday

Shanghai: night view of elevated highways

We looked at CMGE last night as a long idea in front of the BABA IPO.

Even though the stock was up over 7% on Thursday and may smack of chasing, I believe it is worth another look into Friday for potential pin action.

On the 30-minute chart, below, note the highlighted bull flag formed yesterday afternoon (light blue lines)

If all goes well with BABA, this one may be ripe to break higher yet for another momentum long, if only for a quick trade.

Drop me your top tickers overnight.

_________________________________________________________

CMGE

 

Stock #Market Recap 09/18/14 {Video}

If you enjoy my blog posts and videos, then I would encourage you to please click on this 12631 hyperlink for more details about joining our great team of traders at a very reasonable price. 12631 is a trading service which @RaginCajun and I direct here at iBankCoin.

Enjoy tonight’s video, and enjoy your evening. 

Direct Vimeo Link Click Here