iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

ISRG: Trade Idea

Intuitive Surgical, Inc. [[ISRG]] has put in a nice base around 154.50. I may take a shot at going long here with a stop right under that base. Should the stock slice through that level, flip sides and get short in a hurry.

Comments »

Eating Crow On Solar, But CAP Will Be Eating Something Worse

I took Alpha’s advice and decided to clean my car instead of watching this sick tape. I could careless about the market at this minute, because the only thing that matters is the final hour of trading.

Today I fell victim of a sector downgrade as somebody decided that solar stocks should trade to zero. Nonetheless, I added to my First Solar, Inc. [[FSLR]] position @ 97.

Maybe I’m wrong to be in the space, maybe it doesn’t matter that Obama is for Solar, maybe oil trades to zero and nobody has any use for solar panels. Regardless, I’m fully prepared to take my losses like a man should I need to.

Now that I have that out of the way, the market will trade higher this week, much higher. AND, it is important that we as a community hold CAP to his words. Because a man ain’t shit without his word.

In the meantime, go clean your car and come back an hour before the close.

Comments »

RC’s Top Ten Holdings

  1. National-Oilwell Varco, Inc. [[NOV]]
  2. W&T Offshore, Inc. [[WTI]]
  3. Apple Inc. [[AAPL]]
  4. Google Inc. [[GOOG]]
  5. Freeport-McMoRan Copper & Gold Inc. [[FCX]]
  6. First Solar, Inc. [[FSLR]]
  7. JA Solar Holdings Co., Ltd. (ADR) [[JASO]]
  8. [[SDP]]
  9. Visa Inc. [[V]]
  10. MEMC Electronic Materials, Inc. [[WFR]]

Note: In order by position size

Note II: I hate FCX with every bone in my body, but refuse to sell down here.

Comments »

3:30 Trader

From now on I will become the 3:30 trader. Nothing matters at the open, nothing matters in the afternoon. The huge swings always happen 30 minutes before the close.

Today i was up over 20% in JA Solar Holdings Co., Ltd. (ADR) [[JASO]] , but failed to take profits. Why? I actually thought we could sustain a rally, ha!

I know I said it before, but I’ll say it again, be quick to take profits and quick to take losses. Matter of fact, just take an extended vacation and forget about the stock market.

8,200 was breached at the close, it will be interesting to see how tomorrow plays out.

Damn, today sucked.

Note: My biggest winner today was Devildog’s top pick [[SDP]] , sad.

Comments »

A Few Things

Apple Inc. [[AAPL]] & Google Inc. [[GOOG]] do not belong down here. If you believe the market is heading higher, these are two great names to get long. I bought some GOOG @ 338.

The refiners also look good for a trade, as they have been showing signs of life this morning.

Buffalo Wild Wings [[BWLD]] & Chipotle Mexican Grill, Inc. [[CMG]] are two are a few of my favorite stocks right here.

Top pick: JA Solar Holdings Co., Ltd. (ADR) [[JASO]] under $4.

Comments »