Try as you might, you can’t buy RGLD sub 50.  Even when the opportunity presents itself, you’ll take to twitter and declare the next plunge in GDX.

Sometimes you don’t understand the force behind a play, but you go along with it anyway.  Broadcasting stocks are strong, I bought NXST.

Heptics, get with it.  IMMR

Your eyes are important.  Take care to keep them healthy even if it means getting away from your monitor to see the doctor.  No eyesight = no trader.

Utilities might actually die for bit.  Frowny face AWK.

CREE might take some heat next week.  I’m ready for that.  I’m ready for lots of that.  CREE is offering the EASIEST way for our country to reduce its energy consumption.  They’re perfectly aligned with our administrations agenda, and they make lots of money.  Hard to value but I continue to see all analyst coverage as short sighted.

FB is bracketed.  If it comes unhinged and decimates investors again I will me very surprised.

INVN is another great story stock, I’ll tell you over a bonfire soon.

HAIN is quiet, HAIN is good.

DECK made a nice comeback today.  I like comeback stories.  I smell seller exhaustion.

ANGI has been my second most profitable stock of the year to trade.  Who is to say I’m wrong at this juncture?

OMEX needs to find some sunken ship booty, stat.

Enjoy your holiday weekend.  Electronic music invades Detroit in a big way every Memorial Weekend.  I may partake mostly for the people watching.  I’ll be in-and-out, preparing for to crush our shortened trading week come Tuesday.

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Sometimes you have to let a trade effervesce, gently bubbling higher.  Such is the case with LOCK, apparently.

Other times you give the trade room, and only offer it your left hand.  This is how I’m getting back into my good friend RGLD, our favorite Senator’s mining situation.

Then there’s downright degeneracy, demanding nothing but instant gratification because well, you’re a degenerate and want it NOW!  If you bought SCTY this afternoon and didn’t have this mentality, I tip my hat to you and your courage.

Let me be frank for a moment.  This has been a fantastic, albeit slightly frantic, day for the bulls and America in general.  These markets are enfuego, IN MAY.  I really hope portfolio managers took their stupid axiom to heart and missed all this capital appreciation.  For I hate them, mostly.

Raul worked in the financial services industry once.  Let’s just say there wasn’t enough trading, if you know what I mean.

My happy place is buying and selling things, all the time, like one of those Pawn Star folk.

Into the weekend, my cash is down to 30 percent.

I’ve put a shit ton of longs on, more than I can properly manage.  This weekend, I’ll be ranking these and consolidating them down.  But as it stands, here’s the look, by size:

Trades: FB, ANGI, SCTY, JRCC, RGLD, GS, HAIN, LOCK, RGR

Investments: SAM, CREE, AAPL, AWK

If you follow along on the Twitter you’ve seen these things come on, you’ve seen me scaling them down, and now I bid you adieu.  I’m off to fillet and eat one of my minons.

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Today was really interesting as a student of the markets.  Believe me when I tell you, there’s gold in trading the S&P futures at the open.  I just can’t seem to harness it yet.  I have streams of data over all types of markets supporting such a thesis.

I grabbed onto the $ES_F not long after the open.  I got an ace entry just above 1630.  As is par the course, I got my first scale at 1.25 points profit.  I scale at 1.25 because my setup achieves this goal with a 70 percent win rate.  Then I let the other units run.  In theory.  Currently I’m trading a two lot.  I’ll keep trading this tiny position until I get the type of profitability my statistics suggest, and then my goal is to work up to trading 50 lots like the best.

Anyhow, I get the 1.25 and there’s no sign of sellers.  But these positions require my full attention.  More attention than I can give when I get the phone call for an impromptu morning meeting.  WTF?  I booked the other piece a 1.75 points profit and scuttled to a meeting.  Returning to my abode, I watched patiently as the move progressed, and when I got a short entry I took it—then got steamrolled.  That’ll teach me to fade all-time highs.  Had I kept my runner, it would have earned 10 handles without even looking back.  I know—I’m really good at hindsight trading.

While my future’s game is of the little league variety, my stock swinging game is clipping away with major league win rates and profitability BUILT IN.  Mostly everything won today, but ANGI and GS were both solid con #timestamp for the good people of iBC.

I did quite a bit of transacting today, let’s run through it quickly yes?

I added to my GS long early on, and then later sold it when we neared the 155 target my plan called for.

The remaining long in BBRY was closed at break even, after squeezing some profits out of this turnip yesterday.  Blackberry is a big, stupid, Canadian turnip.

I grabbed OptionAddict’s coattails via JOEZ.  It’s not nearly as homo as putting ones hand in another man’s jean pocket.

I scaled a little bit of ANGI off.  Why not take 5 percent before your catalyst?  I still like it into tomorrow’s housing stats.

HAIN was bought into the bell, as it flagged along into the final hour of trade.  My order was followed by a little squeeze which gave the daily chart a lovely look.

All this shuffling took my cash down to 40 percent.  I’m standing atop the mountain on a small piece of rock, being propelled higher by liquid hot magma.  This mountain is in fact, a volcano.

Trade accordingly.

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