Trade of today

Took just one trade today and not a very successful one. Shorted NLS and got stopped out for 1R loss. One question I need to ask myself is why did I not trade YHOO or INTC today as they were unusually active and met all of my criteria except for float. Maybe the shadow of […]

Blue chip carnage

With YHOO missing by a penny, INTC, GOOG and DELL all gapping down it looks like a nasty day for many people.
Anyways, stocks on watchlist: IVAN, GNTA, NLS, ASML, ATYT

Urban Word of the Day

I found this funny..
anablog
The old fashioned journal you wrote in with crushed tree pulp, binding, and maybe some kind of lock mechanism. For some reason people used to like writing opinions only they read. It is a fad past its prime but Borders still sells them for some reason.
“What is that odd rectangular shaped device […]

Trades for today

Rushing a couple of things so this will be short. The top candidate for me today was BCRX which closed at just under +3R. I also took a short in AMAT which resulted in -0.7R. This was basically a forced trade as it didn’t fit in totally with my trading plan but I wanted to […]

Back

Didn’t post my watchlist this morning as I was struggling with creating it, particularily as most candidates were on the long side while the market looked bearish in the morning. At the end it turned into a watch-stock or two instead of a watch-list. I’ll post results some time after the close. Work is picking […]

Trades Today

Another narrow range day today with all the major indices printing a doji candle on the dailies. Out of my watchlist I took two longs in NKTR and RHEO. The end P&L is a profit of a couple of dollars with none of the positions really going anywhere for most of the day.