The general market as well as most sectors are caught between MAs. For the SPX, it’s the 50/100-day. For the XLV ,it’s the 20/50-day. For the XLU, it’s the 20/100-day. They are all different. I expect more chopping today as the market continues to test the 50-day MA. On the 2-mo/60-min SPX chart, it’s clear that we are back inside the neutral range that was created from December. Look for breaks above the 50-day or below 1102. As always, individual stocks should be carefully selected based on the best setups.
short nflx 64.79
cover 64.69
short nflx 64.60
cover 64.82
short dndn 32.37x
cover 32.36 – yeah
I am short NFLX again because I am an idiot. 64.62
this stock is being professionally distributed …short more where you’d normally cover IMDFO
result of Walmart buying Vudu news I guess
At the risk of committing fundamentals on CA’s blog – yes
oops
my bad
I’m an idiot because I didn’t buy VXX when it started to reverse this am
No guts no glory
short expd at 36.80
cover 39.92
short mhs at 62.03
cover 61.89
Bought $SOMX 3.35
Sold half $SOMX 3.50
Sold 1/4 $SOMX 3.53
Sold final 1/4 $SOMX 3.50
DEER breaking through 50 day w volume today (hoping you’ll cover it tonight on your show)
(quick note for readers– DEER is Chinese appliance stock as opposed to DE for John Deere stock)
John-another great stocktwits tv show tonight– thx so much for continuing to
teach us with everything else you have going on. Best of luck to you in school and
trading– your tech analysis trading helps me every week!
still caught between the 50 and 100-day MAs
Bought $DLTR 52.85
Short $CENX 11.9454
Bought $STEC 10.02
Sold half $DLTR 53.60
Sold other 1/2 $DLTR 53.64
Bought $SLXP 28.69
Sold $STEC 10.01
Bought $DLTR 53.84
Cov 1/4 $CENX 11.55
Sold $DLTR 53.66
sold $SLXP 28.01
Bought $STEC 10.14
Cover final 1/4 $CENX 11.19
Sold half $STEC 10.44
Dude,
This should be your theme song:
http://www.youtube.com/watch?v=QtPluXq_hko
Sold other 1/2 $STEC 10.35
Bought $DLTR 53.929/94
Sold half $DLTR 54.43
Sold 1/4 $DLTR 54.34
Bought $ADSK 28.88
*28.18
Bought $SLXP 28.88
Sold $SLXP 28.88 b/e
Bought more $ADSK 28.31
Sold last 1/4 $DLTR 54.64
$SLXP 3rd attempt 29.21, Sold half $ADSK 28.34
Sold other 1/2 $ADSK 28.36
Sold $SLXP 29.30
trak long
adsk 28.31
out 28.33
Bought $STEC 10.179/18 – for fun
Sold $STEC 10.23
Bought $DLTR 55.95
Sold $DLTR 55.87
Bought $MIL 93.28
Sold $MIL 28.27
93.27 – dyslexia
stec 10.14
out 10.2