This list is my notes for trading this week. They are for both day-trades and short term swing trades:
- Looking for a bounce in China, perhaps open deep in the red, then a gap up. (contrarian play) Try, Yingli Green Energy Hold. Co. Ltd. (ADR) [[yge]] , Focus Media Holding Limited (ADR) [[fmcn]] , New Oriental Education & Tech. Group Inc [[edu]] , Aluminum Corp. of China Limited (ADR) [[ach]] , The9 Limited (ADR) [[ncty]] , NetEase.com, Inc. (ADR) [[ntes]] , Sohu.com Inc. [[sohu]] , SINA Corporation (USA) [[sina]] , Mindray Medical International Limited [[mr]] , China Medical Technologies, Inc. (ADR) [[cmed]] , .
- Gap up for Ag stocks. I think on TV, there is some mentioning of shorting Ag stocks. I hope to get long some Ag/Chem plays for a few days if POT can stay above 170. Try Intrepid Potash, Inc. [[ipi]] , Sociedad Quimica y Minera (ADR) [[sqm]] , Terra Nitrogen Company, L.P. [[tnh]] , Titan Machinery Inc. [[titn]]
- Golden bounce for Solomon’s Portfolio… Goldcorp Inc. (USA) [[GG]] , Yamana Gold Inc. (USA) [[AUY]] , [[GLD]] , but not Eldorado Gold Corporation (USA) [[ego]]
- Short VISN under 20, get long over 21 … follow the trend
- Bouncing off 52-lows: Get long Hansen Natural Corporation [[hans]] , or China Southern Airlines Limited (ADR) [[znh]] if the bear-rally continues.
- Watch the shippers (EXM, DRYS, TBSI, DSX) and the solars (FSLR, CSIQ, JASO, YGE, SPWR, STP) … both had very interesting activity last week. Solars in particular have a few more earnings to report this week with JA Solar Holdings Co., Ltd. (ADR) [[jaso]] and Canadian Solar Inc. [[csiq]] .
- Short airlines on a rebound in oil/energy. Looking for 8 footers here.
And if you haven’t already done so, plan tonight to read Part 1 of How to Position and Size Your Trades in my earlier post. I will post part 2 later on tonight.
Scanning for day trades intraday in the comments…
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Gio
What a great post to start the week off.
Keep up the A-Game performance.
O.D.B
[FSLR news]
With regard to the Ags, you may want to check out the weekly on MOS (the monster of the space, along w. POT and MON) I posted over on the KoPG. Looks like a break of the 34 week for the first time in over two years.
POT’s 38% fib (two year cast) is just over $164.50. It will need to hold that today, or next stop $142 or so.
_
Gold down, energy down, tech up, SKF down… bears took a hit today… I’m gonna fade these plays.
Get long HK, PCX, or POT when… USO over 91.71 + AMZN under 90 = intraday reversal.
UAUA under 12.85 is a day short.
CLF, HK, down huge. TGT is on a bounce that won’t last. WFMI was oversold, expect it to go to 10.
HK just offered another 25M shares, I wouldn’t be too quick to ride that pony.
Get long TMS or be wrong.
shorting UAUA here. Looking to get long FCX on this dip.
Locutus… how about long HK short JRJC? That’s what I’m thinking. I like high volume sell offs in HK. I just need that correlation trigger to hit.
POT is ruining my Ag/Chem setups. But MON is holding ground! Get long MON.
JRJC down 6%… it should fall another 2% here. Its NOT participating in all of USO’s mini rallies… just keeps dropping.
Energy is so beat down here. If USO breaks 92.00 resistance … that will take down some airline stocks.
Trigger just hit! AMZN under 90 and USO above 91.70… buying some energy dips for a day trade.
… and shorting coal on a failed energy bounce is a good play too.
Buys on hold… triggers just failed… wait for retest. Buying some retails here.
Gio, Do you like RIMM here?
Gio, Do what you want, but I wouldn’t go long HK for all the tea in China here. Long side I might prefer RDSA. Speaking of China, I saw a financial that had a P/E of 111 about an hour ago, but I can’t remember what it was. Five letter symbol, damn my CRS. I’m just pulling stuff out of myass, don’t let me affect what you do…
JRJC is damaged. I’m shorting it… its a good play against my hopes of getting long HK.
I think I’m hoping too much for an energy bounce. I’m shorting coal. btw locu, I like tea.
GIO: Thanks for the BABY rec a week or so ago. Keep up the good work.
Ny… RIMM? I like AMZN much better. RIMM is flat today. No surf there, Amazon has all the waves.
If you remember I was bashing HK over the weekend. They were like the bigs, only worse, increasing profit against a backdrop of decreasing production.
Rimm is flat because it was up 15 points in 2 day, just taking a breather in my opinion.
I love it here. (fill the gap special)
Dow about to breakout another leg UP. Shorting SKF.
HANS up 10%. Yow.
Locutus.. you win. I don’t see any buying interest in energy. But we’ll see what happen in the final hour of trading. Looks like all the money flowing into tech. Naz was up 4% for the week last week!!! o_0
BABY looking nice!
UAUA on fire!
This rally has some horns.
I was thinking about the Qs when we were talking about network conglomerates, it looks like DTV, DISH, GOOG, MSFT, YHOO, INTC, CSCO, DELL, DIS, CMCSA, TWX, may pick up some tailwinds as well.
The materials play seems to be dying on the vine. NUE, X, etc..
POT under 160 for the first time in forever it seems. That makes it down about 50 points for the month. LoL.
Don’t smoke POT, that’s for sure. LMAO!!
Bulk Shippers looks interesting if DRYS breaks 70
The Qs can’t lose. Ha!
Oops! It looks like you might get your HK bounce after all. D’oh!
UAUA now a 20 footer!
JRJC about to sink 30 spot.
I will only play an HK bounce if USO has a confirmed reversal. O/w, we’re playing the lottos.
Ags are a complete meltdown today! Short em.
Nasdaq hit high of the day.
I think HK may settle here for awhile. Go JRJC! Right into the toilet.
USO won’t rebound with oil down two bucks. Materials suck, way overbought.
JRJC now under 30. Fresh low.
UAUA now a 24 footer!
Good call on the airlines, looking a little toppy though…
LUV getting no love, I told you they were speculating.
market on pause.
UAUA is sooooooooooo heavily shorted. Classic squeeze.
And there UAUA goes. gave up about 3% in 15 minutes.
“no shares to short UAUA” … lol.
Ironically, the best way to short the construction bank of china might be to short BAC. You need asbestos underwear though. Are they still on the “no short” list? Did I hear it expired or something?
Attention United passengers, we will be cruising at 50,000 feet soon. LOL!
“no shares to short UAUA” … lol.
No kidding, they loaned ’em all out already! Way to bank coin on a fundamentally effed up corpse!