How Mutual Fund Monday Looks When Money Flows into RISK

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The Nasdaq 100 index houses the absolute finest in growth and risk stocks.  It includes the largest domestic and international non-financial securities listen on The Nasdaq Stock Market based on market capitalization.  Some of the big dogs are AAPL, FB, AMZN, BIDU, CSCO, MSFT, CMCSA, GILD, GMCR, QCOM, INTC, and YHOO.  For the full list of symbols involved, check out the link below:

http://www.nasdaq.com/quotes/nasdaq-100-stocks.aspx?col=4&dir=D

This index has some shades of value stocks in it, but for the most part these are massive, promising, growth companies.  When money flows into the index it suggests our market participants has a taste for popular, big timer, growth.  We could expect the lazy mutual fund managers to put down their cheese platters and stop schmoozing for a few minutes to enter their fresh AUM (assets under management) into the market at the start of the month, and as traders we sit around eagerly searching for these gluttonous flows of money.  The last few months they have been sort of weak, perhaps because people are either pulling some money away from the markets or not contributing their average allotment.

However, Thursday morning a huge unknown was removed from the market.  Everyone worries about the Euro-Zone and usually we make a big story about their odd economy.  However, they are taking the path of the United States, the path of free money and it has become very normal, almost an expectation of participants.  These actions are what EVERYONE is watching, and MOST OF THE TIME they lead to higher equity prices.  The employment data on Friday was a cherry on top, by no means a necessary to persuading the money into the market.

Anyhow, that is my view of the current investment conditions.  This is speculation based upon what I hear people who I consider wise to the game focusing most intently upon.  I like to focus intently on the auction.  And without further adieu, I want to show you what a strong auction with fresh buyers coming into the marketplace looks like.  See below:

NQ_WeekCap_FirstWeekofJune_2014

#MOARMODE

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I am pressing though waves of exhaustion, much like the market is attempting to climb through the upper atmosphere of intermediate term balance.  If you cannot sleep, then you cannot sleep and you might as well work.

I scaled out of TSLA this morning and rolled right into YELP.  I could have pressed a bit more juice from the TSLA trade but with the options set to expire tomorrow and various “obligations” perking up intro the weekend, I thought it wise to roll into next week’s YELP if I want to continue riding the momentum train.

It turns out my knife catching idea in DDD was a winner, unfortunately I was not.  I planned this trade out almost perfectly and then fumbled at my own 15 yard line.  Had I executed properly I would be at the 75 yard line and in field goal range.  This milk, I spilt, much like pondering a YGE long 20% lower…you really do not need to waste much time on these would have, could have thoughts.  However, stick to your plans my friends.

CREE is working, and with the big lighting convention coming up in the first week of June, I think additional buzz and hype may allow me to reach my first target of 50 before my option expiration.  Will RVLT chase behind, the chart is coiled nicely, looking like the CREE of two days ago….thus it could.  No position for me in RVLT….yet.

Elsewhere I started looking for small bombs, I came up with FCEL.  You know, fuel cells, those hydrogen powered cells that power, stuff.  Come’on folks this is not high level research like The Fly generates, this is dumpster diving.

Speaking of which, I took a long in XON right off the rip this morning.  I love a good story stock, and I like what the IBB is doing here.  Have a look:

IBB_Daily_05222014

There is no one right answer to the momentum game.  You pick your few favorites, hopefully before they pop, and scale at logical price levels.  Like engineering, trading works best when you keep it simple.  I took a 1/3 scale on my QQQ long, long live the mighty PPT.  With a bit of luck, I can buy a pullback and trade the rest of the 10 day holdings period.  ALL HAIL The PPT.

The REAL REASON for The Afternoon Selloff

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You may think everyone sold this afternoon on the Fed comments, but if you were watching the tape closely we began the heavy selling 27 minutes before that pasty face took the podium.  Did he speak from a podium?  I don’t actually have cable.

Anyhow, the real reason for selling, the pivotal moment which occurred at 11:47 and eleven seconds (timestamp), a mere 3 minutes before top tick in the daily Nasdaq session, was me buying June calls in the succubus, Angie’s List.  Everyone knows the game you play when you dabble in the dark arts of summoning the succubus.  All joking aside, I like the name, if only for a brief short squeeze into the greatest month of the year.

We printed a neutral day in the Nasdaq today and these tend to occur near inflection points.  The play is to grit your teeth and buy the second range extension on the day, which was the new low of the day this afternoon.  However, as is usually the case with market profile probabilities, one cannot simply place a buy order below the low of the day and pray, because the risk is insane.  Instead you need something to lean on.  You can also use the 1,2,3 reversal to keep yourself patient.  Here’s the neutral print, followed by the 1,2,3, reversal:

NQ_neutralPrint_05202014

 

NQ_123Reversal_05202014

Bottom line: these neutral prints are a big piece of context.  We are trading in the mission critical danger zone, the upper cusp of balance.  Fast attempts to thrust the knife into your gut will be made.  Smaller position sizes are warranted until a clean trend emerges.  A short or two may not be a bad idea.

Stay dry out there folks. See you tomorrow.

Moving Slowly

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I have somewhat made my bed over here in the old port.  I thought about adding to QID today, then I wondered what the point of it even was?  We would need some horrendous dislocation from intermediate term value to even budge my balance sheet using this slug.

So I started doing research into some option products and did not like anything I saw.

Then I figured, to hell with it and bought more GOGO.

I am still reeling from selling all (NO SCALES THIS TIME BUSTER) my FSLR call options at 10am yesterday.  The potent ones, the March $60s, all gone in one foul swoop, like a clown baby.  So I am staying out of the way a bit until I feel the urge to go bananas again.

I need this intermediate term balance to resolve and provide directional guidance.

Off to press metal and ponder the markets.

Taking It In

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I am down a touch today, but it has been a very fruitful week for the benevolent and persistent Raul (extra self aggrandizing via the third person).   As exciting as the runs have been this week, pinpoint sniper shots like BAC, GOGO, RGSE, and SINA to name a few, my greatest successes continue to be in the futures market.  Years of dedicated study to the ways of order flow are starting to produce the wonderful fruit of trader competence.

It is getting to the point where I sit through noise, gingerly, until my algorithms and I agree it is time to get involved.  I am fine tuning 4 different setups, capable of trading both long and short (symmetry, very important in order flow trading) and the results have been impressive.

Pair this with my morning contextual work, and I am well on my way to being one of the most proficient traders this world has ever seen.  If you think I only kid when I say I intend to be a major player in the markets, my friend you are in for a rude surprise.  What I do here for free is worth tens of thousands of dollars in college tuition.  The process is here for one reason, to extract organized-crime amounts of money from the electronic markets—all of them.

Progress is what keeps me going.  If you are hitting a roadblock in your trading game, try out a new strategy, especially a different timeframe.  Look at what BAC did this week or BBRY last….reverse engineer these order flow driven moves and make them your own.  Then do it on weekly charts, minute charts, range charts, renko charts, volume charts, etc studying the minute nuances that differentiate a winner from a loser.

Then do it all again with a new setup, or picture.  This is the process, and it makes money.

That’s my rant going into the weekend.  It looks like I pulled out a win in the second round of March madness by losing less then my competition.  This means next week I get to come in with a chart positioned to rip heads off.  I like my odds.

I am still long in the book, but I cashed up to about 15% during the week.  That is plenty of dry cabbage in desperate need of a new home.  Fortunate for me, I am surrounded by a team of diligent stock pickers.  I will be shopping over the weekend.  You should too.

Favorites from my current book include SINA, BBRY, GOGO, and OESX

Now I must depart, early from my new office, like a boss because well…I am the boss.

 

Vlad Takes A Headshot

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shark

I love people who catch a great entry into a setup, the setup finally confirms, and they take profits. That is like driving to an amusement park and then staying in the parking lot to listen to AM radio. Sadly, this greed to snatch at table scraps is how most deals are blown. Go for the big deal—slowly if you must, but always with a strong sense of urgency.

I was out of cash at one point today, but decided to scale off some profits in LO. I have no idea whether the news is of the rumor variety or not, but word is someone wants to gobble up LO. And I can’t blame them, Lorillard separated from the herd charging the pot of gold at the end of the vaporizing rainbow with their Blu product offering. The fact that they sell delicious and powerful Newport’s in the meanwhile is moot—everyone knows that. The key is to parlay your cash cows into new evil ventures, like a doctor…evil inventions like disposable atomizers which allow humans to inhale nicotine and airplane deicer. It was an excellent allocation of resources and the execution was top notch. These are the types of management teams I want to be involved with.

So I have some cash now, and want to get it back into the game. I started getting into some ASCO stocks this morning, whetting my beak with shares of IMGN. I have another name on my radar, too.
I back to basis with my newest cannabis positions PHOT and GRNH. This is technically my “second entry” into this trend/pump, because I started by ripping a big win out of MJNA. This is the most absurd thing I have ever done, holding degenerate OTC paper on companies engaging in criminal enterprise. But, hell, people have earned fortunes doing worse things then speculating. I just want my piece.

“You dig?”

There is a big, dark cave crevasse just below where the market stands and everyone is jumping up and down like BassNectar just dropped the grimiest growl of bass in his repertoire. I suppose this has me keeping a clear eye on the LED lit Exit signs.
Want to see the cave? Here, ga’head:

NQ_VolumeProfile_intermediateTerm_03042014_CAVE

My hands are shaking, my hearts beating, but I am still moving, and I am still getting headshots.

You Are Not Doing It Right

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I love when people misuse a technology to the point of frustration until they criticize it as being broken or even stupid.  The results can be significantly more amusing when the technology is mechanical, like hands free faucet, because you get a very tangible experience of human failure.  I long ago swallowed the pill and accepted that we are servants to our technology unless we reach the status of robot overlord.  Once robot overlord status is achieved, one becomes something much more powerful—a small cog in the process, the invisible ghost who directs the technology with symphonic harmony.  This should result in my success in breaking the traditional 30 year work mold and liberating my time to explore other life interests.

Anyhow, I was frustrated with my computer processing power all week and trading naked and without robots.  The reason was a new bit of trading logic which I bolted together and unleashed on 2.5 years of data for backtesting/optimization purposes.  After 94 hours of peaked i7 quad-core processing I was delivered the output, which looked like this:

000000000000000000 00000000 0000000000000000000000000 0 0 0 000000000000000000 0 00000 0000000000000 0      0000000000000000000       0000000000000 0 0 00000000000000 0 000000000

I did it wrong.

And in that moment, rather this entire last week, I learned a lesson about coding logic and testing and life in general.  Before you strap on a jet pack and attempt to cross the Grand Canyon, go hop the drainage ditch in your back yard.  You can work the kinks out much quicker and safer.

I worked out the kinks and tested the logic on 20 days of data to make sure it was working correctly.  Now I am back in the lab, peaking out the processors.  This time, with a bit more thought and proper use of the technology, I can test out 2.5 years of data in 56 minutes.  LOL

Failing is learning, but if you want to shorten the learning curve, spend a few minutes talking with someone who has expended their life years already failing in the same field.

Musings from The Polar Vortex

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It is no secret that February has been a cold month for everyone’s favorite Russian diplomat, Raul.  My home country, MOTHER RUSSIA, is being ridiculed by media pundits, many who would reduce this country USA to the same disheveled conditions if they could succeed in pressing their socialist agendas.  Remember that when you consider disposing of used toilet paper in a waste bin instead of flushing it down the pipes built by the strong hands of immigrants.

I am holed up in the subzero north myself, laboring tirelessly under the oppressive grip of the arctic vortex.  It would seem most of this work has been without fruit as I have been chosen as the sacrificial lamb to the stock market gods twice in one week.

I give my left limb to AMBA and my right to OESX.  Last week, I offered a hunk of my torso to the gods via an Apple call option into earnings.  What the hell was I gambling?  Stupid.com

Anyhow, I will not dwell but only point these losses out for the sake of full disclosure.  I have two strikes and common in FSLR.  I have incredible conviction in this name, until I do not.  They are doing a wonderful job boiling me, slowly, so I stay in the pot.

Elroi was doing well in February, and then the marketplace tripped him up.  Now I his entire credibility has come to question.  He may not be robust enough.  The shorts he entered today were not trades I would ever take on a discretionary basis.  And if I did, they would be exited well before they hit stop loss.  Thus at this stage, Elroi must be a helper robot, walking alongside me during the hunt, as opposed to an autonomous hawk, circling the prairie grass and fetching me varmint to eat.  If anyone has taken their algos fully autonomous, feel free to discuss your successes in this forum.  Sharing is caring.

I am thinking either a timed stop or a max intraday drawdown.

To keep this trading endeavor rolling, I had to find some juice intraday.  I took a solid entry on some Z yolos early on.  This trade has the look, and if right promises to recapture all the other yolo losses undertaken this year.  I like my odds here.

I took a large position in KNDI too.  It has the right look.

What can I say, the day session in NASDAQ looked like a trend day, but we could not find any initiative buying during the afternoon.  Thus we printed the infamous P-shaped profile.  We will cover this further in the morning.

Finally, LNKD is getting crushed after hours because the market has decided against aggrandized resumes and endorsements.  When someone can endorse me a hoagie, I’ll flip to bullish on LNKD.

I bought some TWTR at the bell, bringing my cost average up to $46 from $41.  I have more buying power idled and ready to buy additional TWTR blood because this is a real disruptor—misunderstood like a vapor pipe.

Crack to smoke, chocolate to eat gents…are you still hungry?

Weekly Roundup

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My time is limited, finest people of the interwebs, but I am happy to report on the successes of the week as well as the failures.  They started shaking my very long tree yesterday and “they” managed to rattle a few of my coconuts loose…I covered most of my TSLA long and reduced it back down to core size.  I could not stomach the massive size I had built in the name and the potential risk down to $130 without the trade even breaking.  Now that I am back to my core size, I could stomach such a move whilst being team Elon and talking smack on twitter.

I milked most of this huge move in YELP this week, bailing only yesterday when I got an itch to over manage my winners.  I could see YELP quickly squeezing into $100 roll regions given the strong weekly close, however onward and upward, there are more deals to be had.

Finally, I found a spot to sink my teeth into RVLT.  I cannot say I love the management team at RVLT, but I do love how they have positioned themselves in this space.  The chart has come into the old Raul honey hole, and I have made it a point to get large.  Very large, in fact it is my second largest position.  I consider this a victory that RVLT was unable to get moving before I could properly size into it.

I bought X yesterday, in the pits of despair.  I like the way it came off of support today and I want to see if it can build upon this strength into next week.

If you read me on the twitters, where I tend to be much more colorful, you would be hard up to find someone more clearly calling for strength into the bell.  You will always find the after the fact folks groaning about afternoon ramps, but none of them toss their proverbial unit on the table.  My robots liked the action, I liked the sentiment, and I made an educated guess with confidence.  This is how successful traders think.   This was my largest victory on the day.

To sum things up: this was a great week for Raul on the iBankCoin.  I really am just happy to be here banking coin with my people.

Top five holdings into the weekend:

CREE, RVLT, LITB, MLNX, and BALT

May the market be blessed with a fresh batch of bearish bets to squeeze, be well.

The First Big Snow Is Jesus Blessing Our Economy

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snowgod

Christians must have done a fine job celebrating the birth of the almighty one up here in the Great North, for their Lord is blessing them with heavy blankets of the white and fluffy. Dashing through the snow are disgruntled motorists who swarm on their nearest grocer like locust.

Costco was totally wiped out with checkout lines rounding the apparel section making me a captive audience to the Vitamix presentation. Frustrating it was, because I am a proud Bledtec owner. Similar mania was enjoyed in Kroger and oddly enough Dick’s Sporting Goods?

Nothing says, “go out and consume, my children” like 24-hours of snowfall. The economy is ripping on all cylinders with biblical backing.

What’s on your radar this week?

I like my LEDS. If Friday’s pop in low brow RVLT and LEDS does not get the standardized fade treatment, we are at the early stages of something beautiful. RVLT is the best positioned company publicly traded company, with OESX second in command. OESX ran into year end and I feel like a chaser but I love the story, love the company and I see huge demand for their products and their publicly traded stock.

Remember folks, I have existing and rather larger positions in CREE and RVLT. We keep disclosure full only over here. But I am a stubborn futurist who sees LED lighting as one of society’s first major infrastructure advancements. The numbers on retrofits make far too much sense for businesses to ignore any longer. These savings only improve every six-to-nine months through the intense research by our friends at CREE, Gods work if you will.
I like plenty other stocks based on charts alone.

Watch FB closely this week, it has been flagging, bear variety, just below its daily 9 period EMA. If it breaks down, then I am keen on how my YELP, Z, TWTR, and ANGI perform. If they brush it off, great. Otherwise, I may reduce exposure. If the bear flag fails to break lower, then we must turn all this thinking on its head.

It sure would be nice if FB tanked, putting all the stupid fund managers who positioned in the behemoth in the hole. I just don’t want it to drag down my holdings, naturally.

Let it snow my friends!

How Mutual Fund Monday Looks When Money Flows into RISK

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The Nasdaq 100 index houses the absolute finest in growth and risk stocks.  It includes the largest domestic and international non-financial securities listen on The Nasdaq Stock Market based on market capitalization.  Some of the big dogs are AAPL, FB, AMZN, BIDU, CSCO, MSFT, CMCSA, GILD, GMCR, QCOM, INTC, and YHOO.  For the full list of symbols involved, check out the link below:

http://www.nasdaq.com/quotes/nasdaq-100-stocks.aspx?col=4&dir=D

This index has some shades of value stocks in it, but for the most part these are massive, promising, growth companies.  When money flows into the index it suggests our market participants has a taste for popular, big timer, growth.  We could expect the lazy mutual fund managers to put down their cheese platters and stop schmoozing for a few minutes to enter their fresh AUM (assets under management) into the market at the start of the month, and as traders we sit around eagerly searching for these gluttonous flows of money.  The last few months they have been sort of weak, perhaps because people are either pulling some money away from the markets or not contributing their average allotment.

However, Thursday morning a huge unknown was removed from the market.  Everyone worries about the Euro-Zone and usually we make a big story about their odd economy.  However, they are taking the path of the United States, the path of free money and it has become very normal, almost an expectation of participants.  These actions are what EVERYONE is watching, and MOST OF THE TIME they lead to higher equity prices.  The employment data on Friday was a cherry on top, by no means a necessary to persuading the money into the market.

Anyhow, that is my view of the current investment conditions.  This is speculation based upon what I hear people who I consider wise to the game focusing most intently upon.  I like to focus intently on the auction.  And without further adieu, I want to show you what a strong auction with fresh buyers coming into the marketplace looks like.  See below:

NQ_WeekCap_FirstWeekofJune_2014

#MOARMODE

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I am pressing though waves of exhaustion, much like the market is attempting to climb through the upper atmosphere of intermediate term balance.  If you cannot sleep, then you cannot sleep and you might as well work.

I scaled out of TSLA this morning and rolled right into YELP.  I could have pressed a bit more juice from the TSLA trade but with the options set to expire tomorrow and various “obligations” perking up intro the weekend, I thought it wise to roll into next week’s YELP if I want to continue riding the momentum train.

It turns out my knife catching idea in DDD was a winner, unfortunately I was not.  I planned this trade out almost perfectly and then fumbled at my own 15 yard line.  Had I executed properly I would be at the 75 yard line and in field goal range.  This milk, I spilt, much like pondering a YGE long 20% lower…you really do not need to waste much time on these would have, could have thoughts.  However, stick to your plans my friends.

CREE is working, and with the big lighting convention coming up in the first week of June, I think additional buzz and hype may allow me to reach my first target of 50 before my option expiration.  Will RVLT chase behind, the chart is coiled nicely, looking like the CREE of two days ago….thus it could.  No position for me in RVLT….yet.

Elsewhere I started looking for small bombs, I came up with FCEL.  You know, fuel cells, those hydrogen powered cells that power, stuff.  Come’on folks this is not high level research like The Fly generates, this is dumpster diving.

Speaking of which, I took a long in XON right off the rip this morning.  I love a good story stock, and I like what the IBB is doing here.  Have a look:

IBB_Daily_05222014

There is no one right answer to the momentum game.  You pick your few favorites, hopefully before they pop, and scale at logical price levels.  Like engineering, trading works best when you keep it simple.  I took a 1/3 scale on my QQQ long, long live the mighty PPT.  With a bit of luck, I can buy a pullback and trade the rest of the 10 day holdings period.  ALL HAIL The PPT.

The REAL REASON for The Afternoon Selloff

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You may think everyone sold this afternoon on the Fed comments, but if you were watching the tape closely we began the heavy selling 27 minutes before that pasty face took the podium.  Did he speak from a podium?  I don’t actually have cable.

Anyhow, the real reason for selling, the pivotal moment which occurred at 11:47 and eleven seconds (timestamp), a mere 3 minutes before top tick in the daily Nasdaq session, was me buying June calls in the succubus, Angie’s List.  Everyone knows the game you play when you dabble in the dark arts of summoning the succubus.  All joking aside, I like the name, if only for a brief short squeeze into the greatest month of the year.

We printed a neutral day in the Nasdaq today and these tend to occur near inflection points.  The play is to grit your teeth and buy the second range extension on the day, which was the new low of the day this afternoon.  However, as is usually the case with market profile probabilities, one cannot simply place a buy order below the low of the day and pray, because the risk is insane.  Instead you need something to lean on.  You can also use the 1,2,3 reversal to keep yourself patient.  Here’s the neutral print, followed by the 1,2,3, reversal:

NQ_neutralPrint_05202014

 

NQ_123Reversal_05202014

Bottom line: these neutral prints are a big piece of context.  We are trading in the mission critical danger zone, the upper cusp of balance.  Fast attempts to thrust the knife into your gut will be made.  Smaller position sizes are warranted until a clean trend emerges.  A short or two may not be a bad idea.

Stay dry out there folks. See you tomorrow.

Moving Slowly

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I have somewhat made my bed over here in the old port.  I thought about adding to QID today, then I wondered what the point of it even was?  We would need some horrendous dislocation from intermediate term value to even budge my balance sheet using this slug.

So I started doing research into some option products and did not like anything I saw.

Then I figured, to hell with it and bought more GOGO.

I am still reeling from selling all (NO SCALES THIS TIME BUSTER) my FSLR call options at 10am yesterday.  The potent ones, the March $60s, all gone in one foul swoop, like a clown baby.  So I am staying out of the way a bit until I feel the urge to go bananas again.

I need this intermediate term balance to resolve and provide directional guidance.

Off to press metal and ponder the markets.

Taking It In

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I am down a touch today, but it has been a very fruitful week for the benevolent and persistent Raul (extra self aggrandizing via the third person).   As exciting as the runs have been this week, pinpoint sniper shots like BAC, GOGO, RGSE, and SINA to name a few, my greatest successes continue to be in the futures market.  Years of dedicated study to the ways of order flow are starting to produce the wonderful fruit of trader competence.

It is getting to the point where I sit through noise, gingerly, until my algorithms and I agree it is time to get involved.  I am fine tuning 4 different setups, capable of trading both long and short (symmetry, very important in order flow trading) and the results have been impressive.

Pair this with my morning contextual work, and I am well on my way to being one of the most proficient traders this world has ever seen.  If you think I only kid when I say I intend to be a major player in the markets, my friend you are in for a rude surprise.  What I do here for free is worth tens of thousands of dollars in college tuition.  The process is here for one reason, to extract organized-crime amounts of money from the electronic markets—all of them.

Progress is what keeps me going.  If you are hitting a roadblock in your trading game, try out a new strategy, especially a different timeframe.  Look at what BAC did this week or BBRY last….reverse engineer these order flow driven moves and make them your own.  Then do it on weekly charts, minute charts, range charts, renko charts, volume charts, etc studying the minute nuances that differentiate a winner from a loser.

Then do it all again with a new setup, or picture.  This is the process, and it makes money.

That’s my rant going into the weekend.  It looks like I pulled out a win in the second round of March madness by losing less then my competition.  This means next week I get to come in with a chart positioned to rip heads off.  I like my odds.

I am still long in the book, but I cashed up to about 15% during the week.  That is plenty of dry cabbage in desperate need of a new home.  Fortunate for me, I am surrounded by a team of diligent stock pickers.  I will be shopping over the weekend.  You should too.

Favorites from my current book include SINA, BBRY, GOGO, and OESX

Now I must depart, early from my new office, like a boss because well…I am the boss.

 

Vlad Takes A Headshot

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shark

I love people who catch a great entry into a setup, the setup finally confirms, and they take profits. That is like driving to an amusement park and then staying in the parking lot to listen to AM radio. Sadly, this greed to snatch at table scraps is how most deals are blown. Go for the big deal—slowly if you must, but always with a strong sense of urgency.

I was out of cash at one point today, but decided to scale off some profits in LO. I have no idea whether the news is of the rumor variety or not, but word is someone wants to gobble up LO. And I can’t blame them, Lorillard separated from the herd charging the pot of gold at the end of the vaporizing rainbow with their Blu product offering. The fact that they sell delicious and powerful Newport’s in the meanwhile is moot—everyone knows that. The key is to parlay your cash cows into new evil ventures, like a doctor…evil inventions like disposable atomizers which allow humans to inhale nicotine and airplane deicer. It was an excellent allocation of resources and the execution was top notch. These are the types of management teams I want to be involved with.

So I have some cash now, and want to get it back into the game. I started getting into some ASCO stocks this morning, whetting my beak with shares of IMGN. I have another name on my radar, too.
I back to basis with my newest cannabis positions PHOT and GRNH. This is technically my “second entry” into this trend/pump, because I started by ripping a big win out of MJNA. This is the most absurd thing I have ever done, holding degenerate OTC paper on companies engaging in criminal enterprise. But, hell, people have earned fortunes doing worse things then speculating. I just want my piece.

“You dig?”

There is a big, dark cave crevasse just below where the market stands and everyone is jumping up and down like BassNectar just dropped the grimiest growl of bass in his repertoire. I suppose this has me keeping a clear eye on the LED lit Exit signs.
Want to see the cave? Here, ga’head:

NQ_VolumeProfile_intermediateTerm_03042014_CAVE

My hands are shaking, my hearts beating, but I am still moving, and I am still getting headshots.

You Are Not Doing It Right

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I love when people misuse a technology to the point of frustration until they criticize it as being broken or even stupid.  The results can be significantly more amusing when the technology is mechanical, like hands free faucet, because you get a very tangible experience of human failure.  I long ago swallowed the pill and accepted that we are servants to our technology unless we reach the status of robot overlord.  Once robot overlord status is achieved, one becomes something much more powerful—a small cog in the process, the invisible ghost who directs the technology with symphonic harmony.  This should result in my success in breaking the traditional 30 year work mold and liberating my time to explore other life interests.

Anyhow, I was frustrated with my computer processing power all week and trading naked and without robots.  The reason was a new bit of trading logic which I bolted together and unleashed on 2.5 years of data for backtesting/optimization purposes.  After 94 hours of peaked i7 quad-core processing I was delivered the output, which looked like this:

000000000000000000 00000000 0000000000000000000000000 0 0 0 000000000000000000 0 00000 0000000000000 0      0000000000000000000       0000000000000 0 0 00000000000000 0 000000000

I did it wrong.

And in that moment, rather this entire last week, I learned a lesson about coding logic and testing and life in general.  Before you strap on a jet pack and attempt to cross the Grand Canyon, go hop the drainage ditch in your back yard.  You can work the kinks out much quicker and safer.

I worked out the kinks and tested the logic on 20 days of data to make sure it was working correctly.  Now I am back in the lab, peaking out the processors.  This time, with a bit more thought and proper use of the technology, I can test out 2.5 years of data in 56 minutes.  LOL

Failing is learning, but if you want to shorten the learning curve, spend a few minutes talking with someone who has expended their life years already failing in the same field.

Musings from The Polar Vortex

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It is no secret that February has been a cold month for everyone’s favorite Russian diplomat, Raul.  My home country, MOTHER RUSSIA, is being ridiculed by media pundits, many who would reduce this country USA to the same disheveled conditions if they could succeed in pressing their socialist agendas.  Remember that when you consider disposing of used toilet paper in a waste bin instead of flushing it down the pipes built by the strong hands of immigrants.

I am holed up in the subzero north myself, laboring tirelessly under the oppressive grip of the arctic vortex.  It would seem most of this work has been without fruit as I have been chosen as the sacrificial lamb to the stock market gods twice in one week.

I give my left limb to AMBA and my right to OESX.  Last week, I offered a hunk of my torso to the gods via an Apple call option into earnings.  What the hell was I gambling?  Stupid.com

Anyhow, I will not dwell but only point these losses out for the sake of full disclosure.  I have two strikes and common in FSLR.  I have incredible conviction in this name, until I do not.  They are doing a wonderful job boiling me, slowly, so I stay in the pot.

Elroi was doing well in February, and then the marketplace tripped him up.  Now I his entire credibility has come to question.  He may not be robust enough.  The shorts he entered today were not trades I would ever take on a discretionary basis.  And if I did, they would be exited well before they hit stop loss.  Thus at this stage, Elroi must be a helper robot, walking alongside me during the hunt, as opposed to an autonomous hawk, circling the prairie grass and fetching me varmint to eat.  If anyone has taken their algos fully autonomous, feel free to discuss your successes in this forum.  Sharing is caring.

I am thinking either a timed stop or a max intraday drawdown.

To keep this trading endeavor rolling, I had to find some juice intraday.  I took a solid entry on some Z yolos early on.  This trade has the look, and if right promises to recapture all the other yolo losses undertaken this year.  I like my odds here.

I took a large position in KNDI too.  It has the right look.

What can I say, the day session in NASDAQ looked like a trend day, but we could not find any initiative buying during the afternoon.  Thus we printed the infamous P-shaped profile.  We will cover this further in the morning.

Finally, LNKD is getting crushed after hours because the market has decided against aggrandized resumes and endorsements.  When someone can endorse me a hoagie, I’ll flip to bullish on LNKD.

I bought some TWTR at the bell, bringing my cost average up to $46 from $41.  I have more buying power idled and ready to buy additional TWTR blood because this is a real disruptor—misunderstood like a vapor pipe.

Crack to smoke, chocolate to eat gents…are you still hungry?

Weekly Roundup

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My time is limited, finest people of the interwebs, but I am happy to report on the successes of the week as well as the failures.  They started shaking my very long tree yesterday and “they” managed to rattle a few of my coconuts loose…I covered most of my TSLA long and reduced it back down to core size.  I could not stomach the massive size I had built in the name and the potential risk down to $130 without the trade even breaking.  Now that I am back to my core size, I could stomach such a move whilst being team Elon and talking smack on twitter.

I milked most of this huge move in YELP this week, bailing only yesterday when I got an itch to over manage my winners.  I could see YELP quickly squeezing into $100 roll regions given the strong weekly close, however onward and upward, there are more deals to be had.

Finally, I found a spot to sink my teeth into RVLT.  I cannot say I love the management team at RVLT, but I do love how they have positioned themselves in this space.  The chart has come into the old Raul honey hole, and I have made it a point to get large.  Very large, in fact it is my second largest position.  I consider this a victory that RVLT was unable to get moving before I could properly size into it.

I bought X yesterday, in the pits of despair.  I like the way it came off of support today and I want to see if it can build upon this strength into next week.

If you read me on the twitters, where I tend to be much more colorful, you would be hard up to find someone more clearly calling for strength into the bell.  You will always find the after the fact folks groaning about afternoon ramps, but none of them toss their proverbial unit on the table.  My robots liked the action, I liked the sentiment, and I made an educated guess with confidence.  This is how successful traders think.   This was my largest victory on the day.

To sum things up: this was a great week for Raul on the iBankCoin.  I really am just happy to be here banking coin with my people.

Top five holdings into the weekend:

CREE, RVLT, LITB, MLNX, and BALT

May the market be blessed with a fresh batch of bearish bets to squeeze, be well.

The First Big Snow Is Jesus Blessing Our Economy

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snowgod

Christians must have done a fine job celebrating the birth of the almighty one up here in the Great North, for their Lord is blessing them with heavy blankets of the white and fluffy. Dashing through the snow are disgruntled motorists who swarm on their nearest grocer like locust.

Costco was totally wiped out with checkout lines rounding the apparel section making me a captive audience to the Vitamix presentation. Frustrating it was, because I am a proud Bledtec owner. Similar mania was enjoyed in Kroger and oddly enough Dick’s Sporting Goods?

Nothing says, “go out and consume, my children” like 24-hours of snowfall. The economy is ripping on all cylinders with biblical backing.

What’s on your radar this week?

I like my LEDS. If Friday’s pop in low brow RVLT and LEDS does not get the standardized fade treatment, we are at the early stages of something beautiful. RVLT is the best positioned company publicly traded company, with OESX second in command. OESX ran into year end and I feel like a chaser but I love the story, love the company and I see huge demand for their products and their publicly traded stock.

Remember folks, I have existing and rather larger positions in CREE and RVLT. We keep disclosure full only over here. But I am a stubborn futurist who sees LED lighting as one of society’s first major infrastructure advancements. The numbers on retrofits make far too much sense for businesses to ignore any longer. These savings only improve every six-to-nine months through the intense research by our friends at CREE, Gods work if you will.
I like plenty other stocks based on charts alone.

Watch FB closely this week, it has been flagging, bear variety, just below its daily 9 period EMA. If it breaks down, then I am keen on how my YELP, Z, TWTR, and ANGI perform. If they brush it off, great. Otherwise, I may reduce exposure. If the bear flag fails to break lower, then we must turn all this thinking on its head.

It sure would be nice if FB tanked, putting all the stupid fund managers who positioned in the behemoth in the hole. I just don’t want it to drag down my holdings, naturally.

Let it snow my friends!

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