Daily Archives: April 4, 2024

Showing articles 1 - 7 (7 total)

19Nov4:42 pmEST

Stock Market Recap 11/19/14 {Video}

Direct Vimeo Link Click Here

19Nov3:38 pmEST

Shifting from Long Commodities to Short Equities

I tried to get as much meat off the bone as I could in the commodities trades of late, with nice wins in UGAZ and partially in NUGT. But I just got stopped on the last piece of NUGT for break-even. And I took a less than 2% loss in an day-trade of crude oil long today, as it was not strong enough to carry overnight. And I also sold my AGQ...

19Nov2:58 pmEST

Time to Bully Dorks in Silicon Valley: Chess Moves

I added to my Facebook short position here at $73.62, bringing it up to a 6% trading portfolio position now. Back on Monday, I entered the trade at $74.09  in this blog post . Social media stocks have been relatively weak of late. I am pressing for further weakness. The thesis of the trade also centers around the idea that the more times...

19Nov2:00 pmEST

Locked in a Big Winner: Chess Moves

Considering I took the trade on Monday, the UGAZ win is a nice one, after scaling some profits yesterday. Earlier on Stocktwits , I posted the following message of my sale: Sold remaining 2% portfolio position in $UGAZ long @ $17.77 from $15.28 entry noted in this blog post . I also want to thank those of you who reach out to me on social...

19Nov12:45 pmEST

Fleshing Out Some Recent Chess Moves

We have the Fed Minutes coming up later this afternoon after 2pm EST and may very well see the market coast into them before an end-of-day move. In the meantime, let's examine the UGAZ and NUGT trades. I am in UGAZ from $15.28, noted on this blog. Natty gas is ripping hard today, and I still may take some gains here for the sake of taking 'em...

19Nov11:05 amEST

Lots of Prey Within Sight

Quite a few of my holdings are making big moves this morning. So, let's update that. UGAZ is acting great, with natty sprinting much higher. This one represents a big winner for me now from my $15.28 entry. I am considering taking gains today. Gold miners are getting hit today, as is my NUGT position. But, I got a good entry on it at $14.15....

19Nov12:08 amEST

Late Night Strategy for Wednesday

Kona Grill has been one of these smaller causal dining plays I have updated periodically due to the steadily bullish action. On the updated daily chart, below, note the impressive high/tight base consolidation breakout on Tuesday. As long as $23.30 now holds on pullbacks I view this one as an under-the-radar gem, perhaps a takeover target by...

 
BackToTop
 

This website is intended for educational purposes only. | © 2024 MarketChess.com | All Rights Reserved | Website design by Saco Design | Superpowered by Site Avenger

mobile site | full site