I certainly hope I’m not beating a dead horse, buying more solar longs into the close.  If I had a time machine that could give me 30 minutes back, I would have bought either GS, XONE, or CHCI.

Especially el CHCI.  Watch that one tomorrow.

But instead I bought a trashy little stock that goes by the handle of HSOL.  May it burn my enemies like ants under a magnifying glass.

Fly favorite (and quickly climbing my ranks) IMMR asserted a nice comeback today and has the look I like.

Believe me…I see the $45 level resistance on TPX.  I don’t care.  They’re selling these beds like truck stop hot cakes.

There was some straight up voodoo going down behind The PPT pay wall today that had members laser focused on higher equity prices.  It scared me a little, I’m not going to lie.  It was like walking in on a séance while the devil plays a fiddle made of gold.

RGLD caught a strong bid on Hilsenrath mouthing off.

Watch what goes down tonight as the sun settles and biblical storms impress upon the east coast.  The birth is happening.  Tomorrow is my birthday and with it comes great power for Raul.  Galactic alignments, hail storms, and ABENOMICS!

I must be off, for many preparations must be made before sunrise.

Comments »

I’m feeling a little in the zone today so you must pardon my absence.  I’ve been crushing this S&P tape since 11pm last night.  Shorting, longing, more longing, and now I’m finally flat and in awe.

I made good monies today.

As I turn a more focused eye to these stocks the first thing striking me as odd is the lack of tenacious demand for solars.  It’s like the god damned secondary over at FSLR put a wet blanket on the whole industry.  Everyone’s still tending to their sunburns with coconut and aloe.  But I must let you know, Raul never burns, I only get darker.  And when I get really dark, things get weird.  By that I mean YGE needs to get moving NOW!

HMIN will cut dicks once it finally crushes this stupid 30 level.

DDD is still blowing minds around the world, building shit out of polymers and what have you.  Believe it or not, this company is still special even if Japan unwinds their monetary policy.

China isn’t getting awesome yet.  They will be.  Never sleep on the Chinese.

TPX is behaving excellent.  I think you have to keep the weekly chart in mind if we see follow through tomorrow.  That would carry some major implications.  Watch me crush this trade.

YY is going red to green but will always have a red soul and desire to kill shorts.

IMMR yes they have the haptics.

I bought more ODP because something about office supply stores gets me excited.

Comments »

China

The “Chinese Burrito” industry is working its way up The PPT industry rankings since last month.  Check out stocks like RENN, YY, DANG, or VIPS.  They don’t care about the yen or the S&P, they care about The Leader.

Do you smoke?  If not, stay out of China.  Everyone will offer you cigarettes—two at a time.  They smoke in elevators, they smoke in hospitals, they god damned smoke while holding dynamite.  They care about nothing!  Life tends to be short and hard, thus they take getting it while it’s here very seriously.

Their rice, it has plastic in it.

Are you catching my drift?  All they want is the monies and they will do anything to earn it.  Why do they want all the monies?  I’m not entirely sure.

When you go home tonight and you plop onto your pleather couch for a loathing evening of television, I want you to think about your brethren to the east and their prerogative as the rising power to outperform USA at their own game—stocks.  They’re coming for you…

My tops picks in this space are current longs HMIN, YY, and YGE

For the gambler, I’d like to see if MY can go stupid to the upside.  Why not?  They make wind power, laugh out loud, a BHO sweetheart.

All I want for my birthday is a carton of Zhong Nan Hai and a flaming foot rub.

Comments »

Per the modus operandi, I started the day as I always do: panic when the alarm rings and direct my fuzzy eyes to the undersized iPhone for quotes on the futures.  “Oh they’re up wonderfully!” my internal dialogue rattled off.

I had my new breakfast, water with no ice.  It’s very American to ice your water, especially in the morning.  Next the morning commute was divine, showing signs of diminishing congestion. The blessing come summer of less women driving their bastard children to school. 

Upon arriving at my terminal, my minion greeted me with coffee.  I like my coffee just like my women: hot, black, and strong.  I immediately scalp two handles of upside out of the $ES_F.  Then I spot the trend change and capture 4 handles down during the gap fill.  Oh how lovely a morning it was.

Then the bozos kept selling the futures down.  Bozos really, for they’re fighting a losing battle with a structured system much more powerful then they fathom.  So I bought more YGE.  My foray into trading solar stocks isn’t dead, yet.

As we’re all held victim to the caprices of the Yen and its stupid ETF, FXY, I said forget this and had a walk and enjoyed some fancy tacos.  This is nonsensical noise.  Eventually this mess will all be sorted, lines will be snorted, and ladies will be courted.

Moving on to more pressing matters:

The very important matter of my birth is just around the corner, and I refuse to let a stupid little currency and the jackass carry traders sully my good time.  I’m eating many cakes.  I’m eating many cakes with both hands and getting frosting all over my mouse and keyboard.  I don’t care.

Do you see how much I’m not caring right now?

Until the market starts bleeding me out via my swing longs, I’m looking at a very green day of future trading pared with some resilient longs, names like CREE, TPX, and IMMR.  Hat tip on the haptics good Fly sir.

We know how it ends, but can you stomach the intermediate roller coaster?  Find a way how.

Comments »

I was caught out of position today in FSLR and as a result was stopped out for a single day 6 percent loss.  Listen closely, it happens.  The way I chase momentum, about 1 in 10 trades does this to me.

If you recall, I bought two solar names yesterday, YGE being the other name.  Interestingly enough, this position is sized the same as FSLR.  But pull up the two charts and you might be able to see why one stopped out and the other didn’t.   I’m not saying YGE is a sure winner here, the trade is still in question, but it is/was a better bet than FSLR yesterday at 3 pm.

CREE burned me too when it melted its heat sinks and lit the ceilings on fire here in la casa de Raul.  I will go to hell and back with this name though, extra devil.

Every other part of my book sucked less, which is good.  YY is at an important junction.  This junket may have already reached its destination as they say, but I would be remiss if I cut it after one day of selling.

My largest position performed admirably.  Well done HMIN, may your holding out for better days be met with strong accumulation.  I’m talking to stocks again…I need to bring this up next time I see my therapist.

I closed out the day with cash elevated back to 35 percent.

Comments »

I’ve been on the long side all morning, both in the futures and the stocks.  Well, I came into the day long stocks and enjoyed a nice 2 percent drawdown on my swings to start the day.

Now it’s practically green.  Si!

One thing isn’t working at all and that’s solar.  I chased YGE and FSLR yesterday, nearly buying their respective highs, and you see the result today.  Both positions are down over 5 percent and not catching a bid.

Therefore I’m trading everything else that is catching a bid to make up the ground being lost by these solar issuances.  They haven’t told me I’m wrong yet.  Unfortunately, I’ll have to be about 10 percent wrong to know it’s the case.  Such is the life of an overeager speculator.  Position accordingly.

Aside from my bashed on the head by Japanese men wielding solar panels it’s a good day.  We filled a 15 handle gap, a pro gap as they say.  The pros filled the pro gap and did so with the steady hand of accumulation.

I still like this tape to the long side.  I scaled some LEDS too soon, at $1.98.

My new longs are more YY and some ODP, yes…you know me.

Comments »

I’ve come to live by one saying in today’s markets and it’s, “get it while it’s here, boy.”  Because in complete honesty, any spectacular hype surrounding pockets of momentum won’t feel the same next year, week, or even hour.  When a stock is hot, it’s hot.  Higher highs, higher lows, and cocaine dances.  When it’s not, it’s National Bank of Greece.

We are undergoing a slight bounce back after a brutal five percent correction.  Did you blink?  You may have missed it.  As investors peer out of their bunkers, weary from the bombs dropped on their person, they see a strange sight.  It’s Sir Raul, dressed in ceremonial red marching regalia, tap dancing through a mine field.  The sight is so unexpected, so beautiful, they don’t even reach for their gun, they simply watch.

Just as I clear the field and hunker down into a foxhole with many women and Chairman Mao! You come to your senses attempt to clear the field.  You saw the path I took, you see how effortless it was.  You go for it.  Only at that very moment a B-52 bomber blankets the entire field with liquid hot napalm.  You’re dead.  Keep that in mind.

I’m nearly filled to the gullet with high spec, high momentum names.  Names like YGE, FSLR, DDD, YY, LEDS, and more.  I’ll either party all week long with The Chairman, or suffer the very possible drone strike after the NSA hones in on my cell phone whist I order pizza.

It appears the market has gone completely stagnant as I write. Regardless, PRESS THE BOOT!

The only stocks sold were those that will not aggressively appreciate in value.  I cut AAPL and TSLA.

Comments »

No, not my gain/loss, but my swing portfolio.  You see, I like these Chinese Burritos right now.  They’ve had strong years, yet they shrugged off this entire week’s weak weakness.  The stocks of my brothers from the Far East are poised to pump with great pomp and vigor.  They sport pristine balance sheets, approved by the general secretaries and chairmen of China.  The board of board of directors will not lose (sic).

I also took down WETF today because, there’s nothing like a millennia-old rivalry to get the energy going.  WETF is my Japan exposure, YY and HMIN represent China.  You know what? Let’s throw LEDS in with China too, no one knows what the hell they actually do, like China.

This is a game of Risk gentleman, position yourself correctly and you may find yourself chairman one day too.

Into the weekend, I’m holding the line, dressed in Red regalia, saluting you and yours.

Comments »

I wasn’t able to trade the futures this morning as I was never able to give the market my full attention.  In hindsight, we had a gap-and-go open, sometimes referred to as a pro gap.  Traders shy away from fading this type of open due to their strong directional conviction.  Therefore, if we close near the low of the day, that’s unexpected, and reason for concern.

New longs were initiated today in WETF alongside The Fly and LEDS alongside RaginCajun.  It’s not that I don’t have any quality ideas, but sometimes a ticker gets brought up that I’ve been stalking for a long time, I revisit the chart and see a clear level of risk and I take the position.  The key is to own the trade and take full responsibility for managing it.  It’s astonishing to see someone follow a trader only to cross their fingers and get high on hopium.  It seems to be occurring quite a bit lately…

You can hire brilliant analysts with the best tools in the industry but you can’t win if your decision making and execution are weak.

Enough of that, TOP PICK:

Right here right now HMIN – this stock gets legs over 30

Comments »

The first time I went on a sea voyage was aboard a CCL vomit comet.  I remember a storm tossing the boat about and enjoying running down the long hallways, maniacally, whist others hugged a wall and resisted the urge to purge.

I’m not quite to that level of confidence yet in the futures, but I was happy to hold my own today and earn a meager bit of coin.  Keep in mind, this could have been a very swell day, but I shorted into the hole and it took 4 handles to find out.  Big seas.

I traded a lot, 27 round turns, 16 winners and a sore neck.  I closed the day a slight hue of green both in the face and in the books.

I would imagine most people seeing all this work return so little and throwing in the towel.  However, I continue to make mistakes, and they continue to cost me money.  Once I iron out a few small issues this entire process becomes another income stream.

The market rejected the SPX gap aggressively, impressing upon many the feeling that we may be gearing for a bounce higher.  Several of the more studied traders resisted the urge to participate this afternoon, opting instead to save their cabbage until after we see the data tomorrow.

My swing portfolio was up today, lead forward by HMIN, IMMR, and CREE.

Comments »