The Solar stocks and China names are working today, and I’m getting support from other positions I’ve been holding over the last couple weeks. Today I feel much more in tune with the stock rotation going on out there and our existing positions look awesome.
With this strength in China, I picked up shares of WBAI, and am watching MOBI, CLNT, BONA, and DQ.
I’m looking for set-ups, so if you have any that are compelling please feel free to share.
OA
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RBCN? multi-day full flag….though it’s also at the top range of a multi-month flag. Would you be looking at breakout potential or a trip back to the low 9’s?
looks like i got the answer. niiiiiiice.
Still loving ZNGA
If I don’t nail ACAD w/my Feb’s, I’ll be getting the March contract and be out ahead of earnings on the 10th, or not. Either way, I like it
ONVO too
RSOL
Russell “acting different” than SPX and DJI today.
KOOL
CGA,IMH,CHCI,LEDS,SCON,ELTK,CBK
Setups that are a bit closer to recent highs:
BX,LUV,BAC,RAS,GTE,KWK,HTH,APOL
now I’m done.
BTU,ANR,SFUN,TLM,ULTA,DKS
Volume Pocket Plays: BHI, YRCW, JNPR, LINE
Wish they were cheaper: SRPT, SODA, GOGO
Pullbacks: FIO, INCY
Interesting IPO’s: ALLE, AR
SWHC
loser of the day award goes to me. I sold QIHU calls at 3.60. I don’t even know why I did.
Sold my CRZO calls on Friday. Only up around 200% today…Instead of a beaten up rabbit, my avatar should be a cat, because I’m nothing but a pu$$-…
I sold QIHU last week and I top ticked it at 4.10 just before it took that dive. Felt fantastic then, but I now I know.
I had my sell order in just about where the underlying stock was to hit uncharted territory. Still a win.
A win is a win!
GRPN still on sale, won’t last long.
+1. Shorted puts here
OA – what’s your timeframe on WBAI? They report Friday morning, curious if you’re holding through.
Where did you confirm that?
http://www.nasdaq.com/press-release/500com-limited-to-report-fourth-quarter-and-full-year-2013-results-on-february-21-2014-20140217-00069
GRPN earnings on the 20th
every social media stock (except the golden FB) blew chunks and sold off hard on earnings. So, logic says close the trade out and avoid the pain. Stock market logic says using regular logic will leave you in awe as GRPN magically gaps up a $1 instead. lol
Yeah I agree matt. One of them is due for a post ER pop and it could be GRPN.
One of the many things we’ve all picked up over time here with OA is discipline and avoiding that kind of gamble.
It wasn’t that long ago I’d load up for that pop!
Not YELP.
$FIO broke out the coil and backtesting.
Nice pullback today, and I have an order at a quarter. Any chance here, or this run back done?
Got in at .30 just now.
I am in shares. Good luck!
If you were a holder of YGE and HSOL feb calls, would you take the gift today and sell? Or would you yolo it and hold it out for the week? Any input is much appreciated
i assume you have yge 7’s? depending on your cost basis, you probably need a 15% move from here at a min. Very tough call.
FWIW – I’d take the gift. It’s already Tuesday and I STILL don’t entirely trust this friggin market.
Yes lan, treading lightly here.
Just below previous highs on SPY.
Thanks, I don’t trust this market either… I might just hold both bc they’re both in the money.
Wishing I didn’t sell FSLR Friday
me too re:FSLR
I threatened to put FSLR on my permanent black list, so I figured she’d do something today.
(Yes I wrestled with this on Friday too – but decided to let it ride).
FSLR finding a sweet spot in this volume pocket.
Go Team !
Yeah, my FSLR was so near to worthless at the end of last week that I didn’t bother to sell it.
Go FSLR go!
Wondering where the top of that pocket is? I need to figure out a better way to overlay volume pockets without TOS.
It’s so incredibly frustrating watching all of the solar ideas work so well way too late.
I thought you held with me ?
FSLR yes, but my Feb TSLs and YGEs are still basically did.
*dead
Gotcha – one or two more days and I think X will be ready.
JASO calls went from near zero’s to now a double. selling half to get my cost basis and letting rest ride another day.
I like that idea, I just sold half of my 10’s.
$MY worth a look, I’m in.
It’s tough to hold on or reenter while knowing the master is no longer in it.
I’m out of QIHU here.
Better Safe than Sorry.
doubled up on $GOGO. keeping fingers crossed
Well, I guess GRPN just became an earnings play for me – all or nuttin here.
yeah.. no kidding. it looked real promising last week. but its been a real d-bag lately.
all or nothing GRPN earnings play!
I’m in it with you lan, but my concern is we’ll see a she-who-must-not-be-named-esque earnings play, where it’s up, just misses estimates only to see a gap-down through the volume
pocket.
..But yeah, may as well hold it at this point
I think the difference here is that there is not all the surrounding hype that there was with she who will not be named.
@Autumnal
@Matt_Bear
@Sandwich
SODA YOLO’s here – say 42.50’s ?
Looks like a good spot.
like it
I’m in.
Im thinking the 43’s… Im going to wait until the end of the day, maybe tomorrow to pull the trigger
In. Figures it would dip after I enter.
feels like a trap.
Yep I might leave this be
looks like its holding the bottom trendline
Like VMEM here. Also CIMT, KWK and VJET
WBAI, being lifted right here..ahead of earnings tho..
…..and that might be exactly why….
Took a half position in REXX here. Earnings tomorrow but I like my chances. Also like the stock long term (levered to Utica shale) and will avg down if necessary.
Anyone shorting gold?
Yes
Yeah buddy… put a nibble on last week, I will add more in about a week if it goes higher
Glad to have company. Picked up some DZZ today.
bought some DUST
MCP is about to explode.
maybe so, but hard to buy it up 9 days in a row…maybe if it retests the 5-5.25 range.
+1
Took some and hope for 10+ up days. I just can’t resist…
Anyone holding Feb Dang 10s? I’m in from .39, trading at .80, and can’t use TOS here at work, so I’m trying to plan accordingly.
I’ve still got some 11’s that I’m trying to will into the money.
Same – thought they might get there today.
Yolo’d some SODA on accident… 43’s for .35
Haha, I hope it works out great for you. Mostly since I’m in with 42.50s but partly because you’re a cool dude.
Thanks Dutch, good luck
My first YOLO. .50 on the 42.50’s.
I think it’s coiling for another gain. Maybe put a stop in @ 10.70, but give it tomorrow to try and shoot for 11.50.
@BoilMeIrish
The above was for you.
Thanks lan, the plan is set!
Thanks for the pep talk lan!
Out @.92, thanks Ian. Needed to raise some capital for the other phenomenal looking trade set ups this AM
hilarious title and pic
Currently watching GERN
YOKU march 32
shoot, earnings the 27th
FSLR in pocket, might go to 60 today
MOBI go boom
MOBI was so thin at the open I hesitated. First day watching this one and not sure of its character.
Bought BAC Mar17 for $.18 Initial stop at close below 16.15
Followed OA and added RSOL, LEDS and a little GRPN on the dip. Missed SFUN on the open. Hope u guys jumped on that one.
You do know that GRPN does earnings tomorrow, right ?