Finally, a pause!

Market decided to sit down and enjoy the scenery at the top.

This time, five out of six are positive.

$LRAD bounced as expected.

This was a very nice close on a Friday. The solid green engulfed the yesterday solid red. It may continue the bounce next week and possibly blow pass the $1.36 resistance.

$HYGS once again defied gravity and bounced back by the close to positive territory.

As the chart shows, price is now back on top of support.

$AMRN also made a nice comeback after taking out yesterday low to touch on the support line at $1.75 areas.

Price immediately bounced back up to close positive.  This is very bullish for next week.

$DMRC bounced today and this saved the day for the chart.

Price almost get back on top of the mini-uptrend.  Let’s see if this can happen next week.

Both $ORBC and $CPST were trading in the consolidation range with nothing much to show for the day.

Giving five positive closings, my port gained back 1.7% today.  YTD gain is now at 12.6%.

Current holdings:

LRAD, HYGS, DMRC, AMRN, ORBC, CPST (100% invested/speculated)

From my other account:

As predicted, $LRAD closed back above $3. My position is in good shape.

My 2 cents.

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The market walked on up the hill as if it was going on a leisure stroll…

It was almost effortless.

$LRAD continued to correct some.  It was to be expected and the corrections of the last two days were needed to avoid over-heating the bull run.

Price did not take out yesterday low which was a good sign.  Yesterday, when price touched the past high and resistance at $3.36, I bet the shorts jumped on it and killed the rally.  This was perfectly normal and is by the book.  How long can the shorts keep this one down is another story entirely.  With the many potential catalysts in the foreseeable future, shorts have better watched out.  I’m waiting for U.S. Coast Guard order (LRAD has been courting them for the last seven years per earnings transcript) as well as the news on installation of the Mass Notification system in the cities of Japan and the Middle East.

$HYGS and $DMRC tanked earlier in the day but made a successful come-back by closing bell with $HYGS closed at positive and $DMRC slightly negative.

$ORBC is holding steady at the $6.2x area while $AMRN was down slightly.

Oh, I almost forgot, I bought $CPST with the remaining cash to replace slot formerly occupied by $STV.  Please welcome $CPST to the midst.

Due to $LRAD continued downdraft, my port gave back another 1.6%.  YTD gain is now at 10.9%.

Current holdings:

LRAD, HYGS, DMRC, AMRN, ORBC, CPST (100% invested/speculated).

From my other account:

I bought $LRAD at the low $2.9x to play the bounce.  I believe it will go back above $3 either tomorrow or next week.

My 2 cents.

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Market, like a newly minted wonderboy, simply walked past the resistance as if it was nothing to be bothered with.

$SPY closed at new high. Let’s see if this wonderboy can continue to walk up the hill.

Well, today is the day my port take a pause and go thru the “correction” phase after hectic days of moving up in a fast-paced speed.

$STV started the correction with a less than stellar performance.  My expectation was dashed when the revenues were less than same quarter.last year.  I was expecting some add’l revenues from the new “cloud” members but that hasn’t even begun yet.  Oh well, while not hitting the ball with $STV, I was spared by the fact that price did not gapped down 50 cents or more at the open.  It gapped down moderately and I took the opportunity to get out when the momentum after the open was to bounce some.  Thus, I was selling into the bouncing price instead of a falling price.  Whew!  I cut my losses nicely by executing my exit plan without hesitation.

With the proceed from the sales of $STV, I added some more $AMRN, $HYGS, and $ORBC to round up my investment size.

$LRAD finally took a tumble after eight day of going straight up (ok, with one day in the red three trading days back).

While it has a bearish engulfment candlestick pattern, it still needs to be confirmed by taking out the low of today bar.  I’ll be looking to buy some $LRAD for trading with my other account.

$HYGS continued to correct.

Price is now settling at the support line.  Let’s see if it can bounce from here.  I added some more around this support area.

$AMRN also dropped a bit.

But chart still looks bullish.

$DMRC and $ORBC are still struggling at the bottom of the trend.  I still have strong conviction on both to continue to hold.

Due to all five stocks being down plus the losses I’d to take for $STV, my port gave back 4.8% today.  YTD gain is now at 12.5%.

Current holdings: (and then there are five…)

LRAD, HYGS, DMRC, AMRN, ORBC and 5% cash.

My 2 cents.

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Market is approaching previous high which is going to be quite a resistance.

Can price breakout to the upside and make new high?

Today, five of my six stocks were down but $LRAD still managed to carry the port to the upside by continuing to advance.

Price came close to previous high of $3.36 and then back down.  Regardless, price still close a respectable 7.26% on the upside.  After hour price is up so maybe tomorrow it will break out of the resistance.

While $HYGS was down today, the chart still looks bullish.

See how price settled at the 15 MA line. I like to see price bounce tomorrow; otherwise, there may be more correction in the wind.

Like $HYGS, $DMRC closed lower but also settled near the mini-uptrend line.

Again, will like to see price bounce tomorrow.

$AMRN, although down slightly, still exhibits a bullish trend.

Price is still trading above the 5 MA line.

$STV earnings came out and it didn’t excel as I’d hope.  Price may sell off tomorrow and I may consider cutting losses.

Thanks to $LRAD once again, my port still managed to gain 1.3% despite five down stocks.  YTD gain is now at 17.3%.

Current holdings:

LRAD, HYGS, DMRC, STV, AMRN, ORBC (100% invested/speculated)

My 2 cents.

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Up up and away!

So go the market.

And so go my port as well!

$LRAD rocked!

Price continued to advance another 11.8% today.  Since the earning release, price has advanced 55%.  From the weekly chart above, $3.36 is the next resistance to break through.  With the momentum it has, I don’t see a problem here.  Do you?

$DMRC bounced some today.

As you can see on the chart, prices are leaning toward the upside.  Cautiously advance in a slow-steps to avoid waking up the bear.

$AMRN continued to advance.

Although it was a soft advance it looks solid for a bull-sight.

$ORBC bounced a bit higher and is now getting ready to break out of the 79 & 89 MA lines.

It may happen tomorrow.

$HYGS and $STV was down today.  With $STV earnings coming out tomorrow, the negative close was to be expected.

Thanks to $LRAD spectacular rise, my port gained 4.9%.  YTD gain is now at 16%.

Current holdings:

LRAD, HYGS, DMRC, STV, AMRN, and ORBC (100% invested/speculated)

My 2 cents.

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It is inevitable that the market will try to correct after so many up days.

The $SPY started the day higher but then succumbed to profit-taking.  However, by closing bell, market recovered to close at breakeven.  It was quite an impressive feat considered how long the tail was on today candlestick bar on the chart.

Nothing go straight up; thus I expected correction to my recent fast-tracked increase of my port.

$LRAD gave back 5.5% after five days of higher prices which wasn’t so bad considering.

Price is now settled at the upper-trendline of the Andrew’s pitchfok pattern.  News of new order from US Coast Guard or the Middle East mass notification city installation will propel the price to higher ground.  So, this is going to be one heck of a wild run here.

$HYGS gave back a slight 1.6% which wasn’t so bad.

Price is still above the 5 MA line and the chart looks bullish.

Although $DMRC closed down, I like what I saw on the chart.

I like the way price bounced back up from the low before closing.  The odd of a bounce from here.looks good.

$STV attempted to breakout of its recent consolidation but failed at the end.

However, the real deal is next Tuesday when earnings is reported.  It is my belief that their numbers will surprise us to the upside.

$AMRN was holding its ground.

The chart showed a normal pause after a big one day increase.  I believe more good news will come to Amarin.  A buy-out or a FDA favorable decision, take your pick.  Or should I say roll your dice?  Like a blackjack counter, I counted a lot of high cards in the shoe, so my odd of winning the hand is high.  So let’s see how my cards play out by mid-Sep which is when the FDA may announce their decision.

Due to corrections from $LRAD, my port gave back 2.9%.  YTD gain is now  at 11.1%.

Current holdings:

LRAD, HYGS, DMRC, STV, AMRN, ORBC (100% invested/speculated)

My 2 cents.

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The market rallied back up inside the previous consolidation range.

It is looking good from here.

Today, three of my six stocks staged strong rally of over 6% with $AMRN leading at 11.5%, $LRAD at 8.3%, and $HYGS at 6.7%.   In term of dollar gain, $LRAD lead with $HYGS second, and $AMRN third simply because $LRAD is my largest position with $HYGS being the 2nd largest.

$AMRN, for some reason, was rallying hard with no news.  Maybe somebody knows something…

Price broke out of resistances that went back from May to July.  This is very positive for the bull.

$LRAD went over the upper bar of the Andrew’s Pitchfork which was a very powerful move.

Next resistance is the Aug 2011 high at $3.36.  The above is the weekly chart.

$HYGS broke out of its recent mini-consolidation range.

Price looks good to move on to $28+.

These three positions helped my port gained an astounding 5.5% in one day. YTD gain is now at 14%.

Current holdings:

LRAD, HYGS, DMRC, STV, AMRN, and ORBC (100% invested/speculated)

My 2 cents.

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Market continued to bounce ahead.

Price close above 15 MA line with the 5 MA crossing over 79 & 89 MA lines.  It’s all good for the bull.

Today, five out of my six stocks went up with $STV remained unchanged.

$LRAD continued to roar ahead!

Price momentum is very strong and volume is quite decent as well.  There are simply too many potential huge catalysts for this one to remain neutral.  I’ll be holding this one for quite awhile.

The rest of the four stocks bounced slightly so I’m not going to put up charts.

Thanks for $LRAD stellar performance, my port went up another 3.5% and YTD gain is now 8.5%.

Current holdings:

LRAD, HYGS, DMRC, STV, AMRN, and ORBC (100% invested/speculated).

My 2 cents.

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Market correctly softly today.

From the look of it, it seems harmless.  Price is still above the 79 & 89 MA lines.

Today, three of my stocks were up against three down.  Unfortunately, two of the down stocks are my top three largest positions.

$HYGS finally corrected.

I would consider it’s a healthy correction.  I’m continuing to hold for fundamental reason.

$DMRC gave back gain from yesterday plus some.

Still I’m not faded by the fallout for I’ve faith that fundamental will rule out in the end.

$ORBC continued to bounce.

I also believe that fundamental will win at the end when the seven new satellites are put into active use.

$LRAD continued to surge ahead.

Resistance is still the previous high of $2.48.  Price may or may not correct from profit-taking over here; but I’m holding my shares regardless.

Due to the large drawdown from $DMRC and $HYGS but was cushioned by gain from $LRAD, my port gave back 1.7%.  YTD gain is now 5%.

Current holdings:

LRAD, HYGS, DMRC, STV, AMRN, and ORBC (100% invested/speculated)

From my other account:

I sold $INFN in the morning to cut losses.

My 2 cents.

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The market started the week off with a bounce.

While it was not a spectacular bounce, it was decent enough for the first day of the week.

I’ve another good solid day with 5 out of 6 stocks being up for the day.

$LRAD continued to moved higher albeit with lower volume than last Friday.

Price closed above the mid-point of the Andrew’s Pitchfork uptrend line.  Momentum is very strong after the conference call.  The numerous sizable deals on the tables are all strong catalysts for higher price in the near future.  Click here if you are interested in learning more.

$DMRC also did well with a solid bounce.

Price climbed over the 15 MA line and the formation of a V-shape bounce is being developed.

With the exception of $STV which was down for the day, the rest was consolidating with bias leaning on the bullish side.

Thanks to $LRAD and $DMRC, my port gained 3.4%.  YTD gain is now 6.7%.

Current holdings:

LRAD, HYGS, DMRC, STV, AMRN, ORBC (100% invested/speculated).

From my other account:

$INFN tried hard to break out but couldn’t do it today.

If price falls from here tomorrow, I may have to bail to cut losses.

My 2 cents.

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