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Monthly Archives: June 2014

06-27-2014 Trading Journal

The market was splashing under water for most of the day but managed to close with head up in the air… Whew!

SPY_Daily

The daily chart looked good at the close despite its spending all day in the negative territory.  Again, the bear failed.

$LRAD saved the day by bouncing a bit.

LRAD_daily

Chart looked much better with price closing above the upper border of the previous consolidation range as well as above the 79 & 89 MA line.

$DMRC recovered by day close to settle a tiny bit above yesterday close.

DMRC_daily

Price is now attempting to bounce from a 50% retracement from previous low established in early June.

$AMRN did not take out yesterday low which was a positive sign that the bull is still intact.

AMRN_daily

Price bounced from yesterday close and stayed above it even at closing bell.  The interim short-term trend is still up and price is still above the 5 and 15 MA lines.  Price needs to take out the 89 MA resistance line next week to keep moving up.

$ORBC continued higher.

ORBC_daily

I like the fact that price closed above the 79 & 89 MA lines.  The overall interim trend is still up.

$KGJI continued to disappoint by trading below the consolidation range.

KGJI_daily

I need to keep an eye on this one; but I also don’t want to get out too soon.  Potential bounce from this one is very strong.

$NMRX suffered from a last minute dumping at the closing bell.

NMRX_daily

Despite the dumping, it was probably an unloading of a single investor looking to raise cash for the weekend.  Next week will determine if this dumping will trigger a fall from here.  There is still support at the $11.43 area.

Despite a negative close, $BIOS is still on an uptrend mode.

BIOS_daily

Currently the 15 MA line is a supporting line with price zigzagging along for the last two weeks.  If overall market continues to run next week, $BIOS may breakout to the upside.

So far, $KGJI and $NMRX are on the watchlist for potential bearish action; the rests are still in good shape for a good bull run.

Thanks to $LRAD, my port gained back 0.5%.  YTD gain is now 5.2%.  While these daily small % change seems trivial for my port, these are expected volatility while I’m waiting for big move on any one of my seven stocks.

Current holdings:

LRAD, DMRC, AMRN, ORBC, KGJI, NMRX, BIOS (100% invested/speculated)

From my other account:

I’m still holding $MCIG, $TWD.V, and $ENRT.  They are all practically uneventful for the week as shown in the charts below:

MCIG_daily

TWEED_daily

ENRT_daily My 2 cents.

 

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06-26-2014 Trading Journal

Again, the bear failed its mission to push the market down.

SPY_Daily

Market bounced back for the close.  A sign for a strong bull.

$ORBC opened strong and then fell back a bit afterward.  Nevertheless, I added more with my remaining cash after price fell back down to 6.4x area after reaching high of $6.73.

ORBC_daily

Despite some retracement from the high, price still showed strength at the close.  Due to the bounce today, price is now back on top of the up trend line.

Despite some corrections from $DMRC, $AMRN, $KGJI, and $NMRX, gains from $ORBC and $LRAD helped offset the losses to keep the losses at 0.3% for my port.  YTD gain is now 4.7%.

Current holdings:

LRAD, DMRC, AMRN, ORBC, KGJI, NMRX, and BIOS (100% invested/speculated)

From my other account:

No activity here.  Still holding $ENRT, $TWD.V, and $MCIG.

My 2 cents.

 

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06-25-2014 Trading Journal

Today was a bounce day.

SPY_Daily

The bear did not have a chance.

I’m getting a lot of vibe for $ORBC.  I’m getting a feeling this one will be a runner soon. Despite having a negative opening, I bought more with the remaining cash in the morning.

ORBC_daily

Good thing for me that price bounced later in the day. If tomorrow price can take out today high, I may add more with cash from sales of $TIBX.

I sold $TIBX ’cause the chart was not encouraging.

TIBX_daily

Price traded below yesterday low and the rally that took out the inside bar high failed.  Thus, I sold with the eye on more $ORBC.  Unfortunately, the three day settlement rule prevented me to utilize the cash from the sale of $TIBX today since I bought it this Monday.

$DMRC bounced nicely today.

DMRC_daily

Price is now trading above the 15 MA line.

$AMRN continued to advance.

AMRN_daily

There is only two resistances before the trend can be called a possible start of a bull trend.  First. the 89 MA line needs to be breached. Afterward, the high of May 2nd at $1.74 needs to be taken out.  Look to me we may have a shot at hitting those two resistances this week.

Thanks to $DMRC and $AMRN, my port was able to gain back 0.8% for the day.  YTD gain is now 5%.

Current holdings:

LRAD, DMRC, AMRN, KGJI, NMRX, BIOS, ORBC and 2%.

From my other account:

Still holding $ENRT, $TWD.V, $MCIG.  They don’t seem to move much these days.

My 2 cents.

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06-24-2014 Trading Journal

The market had an up & down yoyo day.

SPY_Daily

Price was higher from the morning but turned negative in the latter half of the trading day.

At the market turned south, I decided to sell my $SWIR position for taking out the $20 support.  $SWIR made an impressive showing coming from negative opening to a positive price action during the late morning.  And when price started to fall off along with the general market, I wanted to reallocate cash to other stocks that showed strength in today drop.

$NMRX and $BIOS were able to resist the falling market; so I added more of these.

BIOS_daily

$BIOS looked like it wanted to go higher from the last five days of bull-bias small movements.

NMRX_daily

$NRMX was able to resist the fall and closed even for the day.

ORBC_daily

$ORBC dropped further to the uptrend line support.  I added a bit more today to build my position.  I like the fact that $ORBC are sending more satellites to space to increase its bandwidth on “Machine to Machine” communication.  The company name, “Orbcomm, Inc.”, has a futuristic ring to it… Ha!

$DMRC corrected a bit with $AMRN bouncing back. While the gain could not offset the losses, it was enough to cushion my loss on my port to 0.9% losses.  YTD gain is now 4.2%.

Current holdings:

LRAD, DMRC, AMRN, KGJI, NMRX, BIOS, ORBC, TIBX and 3% cash.

From my other account:

I bought $ENRT to add to my cannibis stocks collection.  $ENRT is a mini version of $FITX with a market cap close to 8% of $FITX’s market cap.  A huge difference.  This tell you the people are willing to place a huge market cap value on a good marketing campaign.  $FITX has all the fanfare of name dropping and aggressive “mission” statement that its market cap rivals that of $TWEED who already have a license with similar production capacity to produce and sell.  $FITX’s no license yet position commands quite an impressive market cap.

Thus, I find a small cap company like $ENRT a refreshing opportunity to participate in the cannibis market on the cheap.  Yeah, $ENRT could be a scam, so you say.  The way I look at it, $ENRT has enough of a story behind the company that is no better or worse than $FITX’s.  Both are waiting for Health Canada to give them a license to produce and sell.  So both have the same opportunity to collapse or run higher based on approval status.  But because $ENRT is so tiny right now, any run-up will be more pronounced than $FITX.

Currently, I’ve $MCIG, $TWD.V, and $ENRT for cannabis play.

My 2 cents.

 

 

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06-23-2014 Trading Journal

Today was considered a neutral day.

SPY_Daily

Not much movement there…

I sold some $SWIR to spread the cash among the additional “Internet of Things” stocks- $ORBC and $TIBX.

I took advantage of $ORBC fall today to pick up some shares.

ORBC_daily

Although it was a down day, the chart still looks bullish with an uptrend still intact.

$TIBX bounced from last Friday down day, so I picked up some for the bounce.

TIBX_daily

Today is an inside bar (solid bar only); so if tomorrow can take out today high, the bounce may continue.

With the exception of $BIOS, all my other stocks were down a bit today; thus my port gave back 1%.  YTD gain is now 5.1%.

Current holdings:

LRAD, DMRC, AMRN, KGJI, SWIR, NMRX, BIOS, TIBX, ORBC (100% invested/speculated).

From my other account:

Nothing happening here.  Still holding TWEED (TWD.V).

My 2 cents.

 

 

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06-20-2014 Trading Journal

Market corrected a bit today which was to be expected.

SPY_Daily

It was a soft correction so to speak.

$AMRN opened higher and I used the remaining cash to add more.

AMRN_daily

While price fell back down below the two 79 & 89 MA lines, it was still above the two 5 & 15 MA lines.  In another words, the bull run is not over yet.  Sometimes, breaking thru the tough 79 & 89 MA lines will require several attempts; perhaps, it will break out next week.

Now, I’m all set with $AMRN.  The key element is for me to have enough conviction to hold on to this one thru volatility.  I had been gun shy with this one since my large losses from the FDA fiasco.  However, my sentiment has shifted more to positive outlook giving recent positive scientists’ outlook on lower triglycerides: thus, my conviction has begun to strengthen with my regard to $AMRN.  If price can recover back to $7, I’ll be more than recovering previous losses.  The magnitude of $AMRN future gain cannot be underestimated if their Reduce-It trial turns out be be hugely successful.  And the odd of success increases exponentially from the recent scientists’ article.  Not to mention that the previous Jelis’ trial result had already proven the thesis.  I’m betting that the FDA will eventually lessen its resolve to keep its foot on $AMRN head against the ground.

Like a balloon leaking air, $LRAD gave back much of the gain from yesterday.

LRAD_daily

All is not lost, price still closed above the consolidation range and is still above the 79 & 89 MA lines.

$DMRC is holding its ground and price is still above previous resistance line.

DMRC_daily

A careful look will reveal that price is in the verge of breaking out of a bullish flag.  I see high probability of an upside move next week.

$KGJI retraced a bit.

KGJI_daily

But the chart still looks good for a coming bounce.  It is forming a solid base here and price is now trading on the upper band of the consolidation range.  I just don’t see how a fast growing company can remain undervalued for so long.  Something has to give eventually.

Due to $LRAD deflation today, my port gave back 1.4% today.  YTD gain is now at 6.1%.

Current holdings:

LRAD, DMRC, SWIR, AMRN, KGJI, NMRX, & BIOS (100% invested/speculated).

Giving recent price advances from $LRAD and $DMRC, both position are now neck to neck in investment size with $LRAD gaining a slight advantage.

From my other account:

$TWEED gave some gain from yesterday but chart still looks good for further upside.

TWEED_daily

Price still closed above the 5 & 15 MA line.

My 2 cents.

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06-19-2014 Trading Journal

The market took a sneeze and went back up to close softly on the upside.

SPY_Daily

Look like it may continue to head higher from here.

Scientists are now saying that lower triglycerides can protect you from heart attacks and strokes.  As a result, $AMRN opened higher.  I waited all of five minutes before buying more.  Hindsightwise, I should wait at least an hour before buying.

AMRN_daily

Price gave back half of the gain by day close.  Nevertheless, I’m impressed with the scientists’ view on this.  This further support the Japanese Jellis study that showed 50% of patients have lower heart attack than controlled group.  My own body is telling me that the Vascepa is conducive to my healthy well being.  So, I bought more and I even sold some $BIOS to buy even more.  I’m betting that eventually BP will eventually capitulate and offer a fair price to buy out $AMRN. I’ll have to remind myself to sit on this one instead of trading in and out of it.

Today was an excellent day for me.  $LRAD, $DMRC, $AMRN, $KGJI all spiked up nicely.

LRAD_daily

:Look at $LRAD spike-up.  Price took out the two previous pivot highs.

DMRC_daily

$DMRC went back up today but it was an inside bar compared to yesterday bar.  All I need is for $DMRC to trade higher than today high tomorrow and we can see a much higher price coming.

KGJI_daily

$KGJI spike up but bumped its head against the 79 & 89 MA resistance lines and fell back down.  Nevertheless, it was still up for the day.  $KGJI is way undervalued based on fundamental and I’m going to sit on my position and wait out the anti-Chinese-gold-stock climate.

$SWIR, $NMRX, and $BIOS all corrected a bit but did not stop my port from gaining a nice 2.3%. YTD gain is now back up to 7.5%.

Current holdings:

LRAD, DMRC, SWIR, AMRN, KGJI, NMRX, BIOS and 1% cash.

From my other account:

I bought TWEED (TWD.V) today to participate in the cannabis sector.  Forget $FITX for now since they don’t even have a license yet.  TWEED is already selling under the Canadian MMPR program and recently just announced they are expanding their production facility in a different location.  They are in motion so I’m jumping in on this one.

TWEED_daily

See how price took out the recent consolidation range today and traded higher.  More good thing to come when they get new license for the new location.

My 2 cents.

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06-18-2014 Trading Journal

Market executed a powerful run-up later in the day to make new high.

SPY_Daily

Wow! is all I can…

Meanwhile, six out of my eight positions were down today.  I sold $KNDI to lock in gain when price could not overcome the 79 resistance line.

$DMRC continued to correct with $LRAD, $SWIR, and $NMRX following along.

As a result, my port gave by 1.3%. YTD gain is now back to 5.2%.

Current holdings:

LRAD, DMRC, SWIR, KGJI, NMRX, BIOS, AMRN and 5% cash.

Today would be a short journal.

My 2 cents.

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06-17-2014 Trading Journal

Bouncing away was the market way today.

SPY_Daily

Look at that nice bounce off the 15 MA line!

$KGJI announced that its Board of Directors approved a special cash dividend of $0.08 per share of common stock to be payable on July 31st, 2014 to stockholders of record as of June 30, 2014.  Seeing that my yield will be over 6% even if I added more today, I bought more to round up my investment size.  I believe $KGJI is having another stellar quarter such that they have more than enough cash to issue the special dividend.

KGJI_daily

Price spiked up but gave back much gain during the day.  There are simply too many investors who do not “believe” enough on this stock and its performance.  In time, this stock will eventually bounce and have its glory day.  I’m going to have to wait it out; meanwhile, it is nice to collect dividend while doing so.

$APRI took out yesterday low so I decided to sell my position to lock in small gain so I could use the proceed to add more $SWIR, $NMRX,and $KNDI.

APRI_daily

Price fell right back into the middle of the symmetrical triangle.  If it can not bounce off the 89 MA line tomorrow, it does not look good.

$SWIR took out the 79 MA line resistance so I added more.

SWIR_daily

I need to see price continue upward and away from the 79 MA line to confirm the bull trend tomorrow or later in the week.

$NMRX corrected a bit but I added more anyway to round up my investment size.

NMRX_daily

Price maintaining above all MA lines offered much comfort in my holding this one.

$KNDI rallied hard today and I added more when it took out the 79 MA resistance.

KNDI_daily

Although price fell back below the 79 MA resistance, I’m going to see if it can continue the bounce.  If not, I may have to bail to lock in profit ’cause the 79 & 89 MA resistance can be tough to break thru.

$DMRC spiked up today but gave back all gain and some by closing bell.

DMRC_daily

Price probably will bounce around here waiting for news.

$LRAD bounced nicely today due to news that it received $1.7 million order from an International Navy in Southeast Asia.

LRAD_daily

Price jumped out of the consolidation range and closed above all MA lines.  Looking good so far.

$BIOS bounced off the 15 MA line and made an impressive run to the upside.

BIOS_daily

Unfortunately, the air went out and price fell back down some.  Price, however, still closed higher than the 5 MA line which is a good sign.

Today, five of my stocks were positive against three negative. Due to gain from $LRAD, $SWIR, and $KGJI, my port gained 1.25%.  YTD gain is now 6.5%.

Current holdings:

LRAD, DMRC, SWIR, KGJI, NMRX, BIOS, AMRN, KNDI and 2% cash.

From my other account:

Look like I sold $TRTC too soon since price bounced back impressively today. But then, I wasn’t willing to bet on the permit issuance; thus no risk, no gain.  So, I’m ok with that.

My 2 cents.

 

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06-16-2014 Trading Journal

Market tried very hard to continue last Friday bounce.

SPY_Daily

It succeeded to some extent.

$KNDI was showing sign of popping when it started to run after the open.  Due to strong showing at the open, I bought a starter position on $KNDI for the bounce.

KNDI_daily

Chart looked good with price moving away from the 5, 15, & 89 MA lines. If it takes out last Thursday high of $13.44, I may add more.

$DMRC continued to run nicely to the upside.

DMRC_daily

Today rally took out resistance at the $34.33 level.  I like to see it taking out the $37 resistance this week.

$NMRX rallied right off the 79 & 89 MA lines.

NMRX_daily

Chart looked very positive for a continuing run from here.

$APRI blasted off from the symmetrical triangle formation to the upside.

APRI_daily

Although price gave back gain by after the opening range, price still closed above the downtrend line which is a positive sign.

Thanks to $DMRC rally, my port was up 1.25%.  YTD gain is now 5.25%.

Current holdings:

DMRC, LRAD, SWIR, KGJI, BIOS, NMRX, APRI, AMRN, KNDI and 3% cash.

From my other account:

I sold $TRTC today simply because it opened lower and the chart did not look good for near term perspective.

TRTC_daily

See how price went below all the MA lines with today being the second down day against a resistances at the 15 and 89 MA lines?  I’m not going to hang around to witness a possible drop from here.  Thus, I’m out for now.

My 2 cents.

 

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