Finally, the market bounced nicely.

See how the price closed above the 79 & 89 MA lines?  The chart looks good for a continuing bounce.

Today my port made a nice comeback.

$LRAD opened high and proceeded to reach the after hour of $2.46 high with high volume.  But, as expected, profit-taking came in and dropped the price back down to a respectable 15% increase for the day.

From the weekly chart above, price closed at the previous resistance at $2.24 which was the high back at early February. If the general market continue to bounce next week, I don’t see why $LRAD will not follow with higher price.  Any news on deals mentioned on the earnings conference call will cause price to spike up.  I expect it to break out of previous high of $3.36 established in the week of August 1st, 2011.

Per the Q3 earnings conference call, there are numerous potential sizable deals on the tables that may become revenue in Q4 and beyond.  Any news on any successful deal will take price to the next level.  The larger the sales amount in the deal, the higher the price will go. Still holding long and strong.

Due to delay of FDA decision to mid-September, $AMRN did not jump. In fact, $AMRN traded down but recovered near the close.

I like the way $AMRN closed on the chart.  A long tail with close at the 89 MA line.  I can see a bounce coming here.

Although $HYGS was the only stock in my port that was down, the chart still looks strong.

See how price closed above the 5 MA line.

$ORBC closed strong with a bullish engulfment bar today.

I can see price bounce from here to $7 and beyond.

$DMRC and $STV continued to hold steady and leaned toward bouncing higher.

Thanks to the spectacular rally from $LRAD, my port was up 3.9% for the day with YTD gain now at 3.3%.

I’ve a good feeling that I may end the year strong provided there is no large market correction to intervene.

Current holdings:

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

From my other account:

I added more $INFN.

The daily chart above tells me that the probability of a break out is still above 50%.

My 2 cents.

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The market bounced back like a spring that didn’t appreciated being pushed down by the hand of the bear.

Up and away it went all day.

With such as strong bounce, all my positions except $KGJI rallied back some.

$DMRC bounced back from support that was March 3rd’s low.

If it bounces from here, then price is trading in the consolidation range until we hear update next Wednesday.

$HYGS found strength in mid-day to rally persistently till closing bell.

From the chart, supports established from beginning of June seems to hold well.  I expect this stock to be nothing but volatile due to the tiny float; thus I’m content to just watch this little “sapling” I’ve planted in my backyard to grow.

Have you ever planted a young tree and then after many years when you “remember” to pay attention, you exclaim, “Mother of tree!  Ain’t you such a giant!”

I believe the timing is ripe for hydrogen fuel cell to make major inroad to the electric vehicle industry.  Check this out:

Cost and availability

Now, check out the California road map on FCEVs.

Not to mention the multiple way to harness the power of hydrogen fuel cell, with power back-up as an important utility.

No, I’m not going to let market volatility steals my shares.  I’m holding on to it thru thick and thin, like I’m doing with $DMRC and $LRAD.

$LRAD bounced some today.

Price is still trading at the upper part of the consolidation range.

$AMRN and $ORBC bounced some while $STV continued to close slightly higher.

Thanks to today gain from six of my seven stocks, my port gained back 1.8%.  YTD loss is now at 3.1%.

Current holdings:

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

From my other account:

I added to $FITX and it managed to close near even for the day.

My 2 cents.

 

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The market corrected a bit today.

Looking at the chart, the correction was neither deep nor heavy.  It actually looked like a healthy pull-back.

But the market had it easy.  My port, on the other hand, took a slap on the face.

$LRAD took a fall with relative low volume.

Price found support at the 15 MA line and is still above both 79 & 89 MA lines.  Thus, the bull trend is still intact for the time being.

$DMRC, on the other hand, took out the previous pivot low as well as the 79 MA line.

While I didn’t like the fall today, the volume was also relatively low.  And both the 79 & 89 MA lines are still pointing up.  In the absent of news on retailers, $DMRC will be thrown around a lot by people trading in and out.  Since I’m holding this for long-term, I’ll have to put up with the volatility.  Today fall was actually quite significant.

$AMRN also took a tumble.

Price fell back below the 89 MA line.  Supports are the 15 and the 79 MA lines.  Since I’m holding this one for fundamental reason, I’m going to have to suck up the volatility as well.

$NMRX fall was as bad as $DMRC.

However, volume was below average.  I’m holding this one as well.

$BIOS took an early tumble so I bailed in the morning to cut losses.

I simply did not have enough conviction to hold this one like the others.  However, I’ll be keeping an eye for the bounce.

Out of the seven stocks in my port, only $KGJI was positive and $ORBC was only slightly down.

Needless to day, my port took quite a hit and gave back 3.1% today.  YTD gain is now 3.6%.  Ouch!  Nevertheless, in the overall scheme of long-term perspective, this drawdown is very much part of the deal.

Current holdings:

LRAD, DMRC, AMRN, ORBC, KGJI, NMRX and 7% cash.

From my other account:

I sold $FITX in the morning to cut losses when I saw price collapsed.  I also sold 50% of $ENRT to reduce risk.

Current holdings: TWD.V, ENRT, MCIG.

My 2 cents.

 

 

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To celebrate July 4th, Dow Jones Industrials broke out of the $17,000 range to make new high.

With $17K resistance taking out, can market continue higher?  I like to think that $200 is where $SPY is heading to from here.

$LRAD took a minor dip with low volume.

As far as I’m concerned, this is still very bullish with price closing at and above all four MA lines.

$DMRC bounced nicely but still fall short of the overhead resistance.

However, I take the bounce day any day any time.  Price also closed above all four MA lines.

Since most trading volumes were low, I’m not going to show charts on all my positions.  Suffice to say that corrections from $LRAD, $AMRN, $KGJI, and  $BIOS offset gain from $DMRC to hold my port down with a 0.2% loss.  YTD gain is now 6.7%.

Current holdings:

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

From my other account:

$ENRT bounced some today so I left it alone.

Current holdings:

TWD.V, ENRT, FITX, MCIG.

My 2 cents.

 

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The market held its ground today without giving back yesterday gain.

However, price is hanging round the top of the Bollinger band which may or may not signify a correction is coming.

Unlike the $SPY above, both $DMRC and $LRAD gave back some gains from yesterday.  However, bounces from $AMRN, $KGJI, and $NMRX helped lessen the blow.

$LRAD took a tumbling during the day but recovered nicely by closing bell.

Look at at the long tail in the candlestick bar.  Price is still above the 5 & 15 MA lines. Now, I need price to take out the high of $2.12 from June 19th.

$DMRC, however, reflected the opposite of $LRAD.  Instead of down day and recovered nicely, it had an up day and closed badly.

Despite today correction, the overall trend is still bullish.  Today gave back is expected when there is no news.

$AMRN bounced from yesterday down day.

Price is now trading above the 89 MA line which is important to me.  It is now only a stone throw away from the resistance at $1.74.  I believe price will just walk pass it this week.

$KGJI also bounced and price is now back inside the consolidation range.

Nothing could please be more to see this bounce here.  I’ll be even more pleased when the 8 cents dividend flow into my account by mid-July.

Both $BIOS and $ORBC were non-eventual today with a bit of a correction.

Thanks to bounces from $AMRN, $KGJI, and $NMRX, my port only lost 0.3% today.  YTD gain is now 6.9%.

Current holdings:

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

From my other account:

$ENRT disappointed by taking out the support at 15 cents.  Due to my busy day, I wasn’t able to do something about the position.

I’m going to have to watch this one closely going forward.

The other three did not do too well either.  Seems like the cannabis sector is taking a break after a strong rally in the 1st quarter of the year.  Fortunately, I didn’t buy as much of these four stocks like I used to.

Current holdings:

$TWD.V, $ENRT, $FITX, $MCIG

My 2 cents.

 

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A fantastic July 1st rally is what we have today!

Price took out resistance that kept June in the consolidation range.  Does that mean the market is free to run from here.  We will soon see.

Again, no action on my part today but to witness my port gain some momentum as well.

$DMRC finally bounced from the magical 79 & 89 MA lines today.

Let’s see if the momentum can carry this one higher and take out the $37 resistance.  What $DMRC needs is news flash on retailer adoption on its Digimarc barcode.  I like to believe that news, good or bad, will come before the year is up.

$LRAD also bounced higher but volume was less than average.

Price rallied away from the 79 & 89 MA lines. If price can take out the recent high of $2.19 set in June 19th, the next stop is $2.24 resistance set in Jan 31st.

$AMRN corrected today due to a large sell order in the early afternoon.

The good thing is that price rallied back up to close at the 89 MA line.  As far as I’m concerned, $AMRN is still bullish despite today correction.  Notice that both 5 & 15 MA lines are pointing up as well.

$NMRX bounced today from yesterday doji.

Price closed at the 89 MA line; in other words, it is only a few steps to take out the 89 MA and rally from here.

Due to strong movements from $LRAD and $DMRC, my two largest position, my port gained 1.5% despite corrections from $AMRN, $KGJI, and $BIOS.  YTD gain is now 7.2%.

Current holdings:

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

From my other account:

Still holding $FITX, $MCIG, $ENRT, $TWD.V.

The cannabis stocks are taking a nap; not much of a movement except when they roll off the bed which was what happened to $MCIG and $ENRT.

My 2 cents.

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

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.

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.

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.

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.

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.

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.

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.

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:

 My 2 cents.

 

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Market corrected a bit today which was to be expected.

It was a soft correction so to speak.

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

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.

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.

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.

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.

Price still closed above the 5 & 15 MA line.

My 2 cents.

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

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.

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.

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

$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 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.

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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Bouncing away was the market way today.

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.

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.

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.

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.

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.

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.

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.

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.

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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