Welcome to Stock Commentary
Stock Market Education
Stock Trading Strategies By Stock Market Students
Plan the Trade
Then, Trade the Plan!
Stock Market Commentary | Stock Trading | Stock Trading Education | Stock Trading Software | Stock Screening Software | Online Trading Courses | Login

Archive for November, 2007

I delayed my shower and bought 40 contracts of ES and sold for $9000 profit (sold at 1467).  Total profit for today after commissions $11,010.
 Open position in main trading account long 200 SSO @86.
 Swing trading account has the basket of SSO, QLD and DDM still open.
Shower time
Edit:
End of day totals:
Swing Trading Account: +$308.63
Main Trading [...]

Read Full Post »

Found NVLS on Volcanno-MD sometime in the afternoon.  NVLS (which is on a longer term downtrend from it’s high in Dec-06)  found support at the bottom of it’s trading channel on strong volume yesterday (See Daily Chart below). 

Read Full Post »

CYBS appeared on Watcher sometime in the morning.  Daily chart shows a bull flag and a green candle with strong volume today.  I decided to enter at the intraday support level.
Status: 

Moved Stop to 15.58 when price reached 15.94
Stopped out and Exited at 15.58.   Reward: $26.20. 
Trade Closed.

Note:  Would have stayed in the trade with the original Stop. 

The purpose of these [...]

Read Full Post »

Tony often compares the e-mini S&P 500 to the S&P 500 Index by manipulating the opening/closing time and duration of the e-mini S&P 500.
The screen capture below shows the same “manipulation” done with the QuoteTracker software. 
Top Chart:   The “Oz Trick”  (Note the Gaps ),
Middle Chart:  Normal Daily S&P500 Index, 
Bottom Chart:  E-mini S&P500 regular hours.
Instructions for setting this [...]

Read Full Post »

HW Nov 8

AMLN from Patriot MD scan. AMLN has been down but it seems to find support at around 39.50 and maybe ready to bounce back.
Entry:  40
Stop: 39
Target: 44
RR:4
———————-
GPRO from patriot MD scan. eventhough the market is down for the past several days, GPRO seems to have support at around 66.50 (50MA)
Entry:  67.40
Stop: 66.40
Target:  71
RR:  3.5
———————

Read Full Post »

 
    Daily Chart
 
    2-min Chart
Source: Hurricane
Comment: stopped out @ 51.20.
Could not be at my trading desk yesterday, so had wide stop under LOD. Otherwise probably would have abandoned trade after big 5-min Down Candle @ 11.00 a.m. (not shown).
Had very small size – just “to get the feeling” for that reversal trade on the Hurricane Scan. 
Posting [...]

Read Full Post »

Indices looking weak today.  Decided to keep to day trades.
Found CHDX on the Watcher Scan looking like a potential snapper on stronger than average volume (Watcher minimun volume ratio=2.08).  It peaked at 31.62 at about 10:20am EST.  Decided to enter around 68% pull back.  See trading plan below.
Status:    Trade Closed  Reward:  $95.60

Exited 1/2 position when it failed to [...]

Read Full Post »

long GS (watch list)

GS bounce from support the 3rd time. buy at 215.45, stop at low of day 213.00. target 230.

Read Full Post »

short TSL (Hurricane MD)

TSL is at the top of the BB channel, short sell at 63.16 after it starts to reverse. Stop at high of the day at 65.90, target is the bottom of the BB channel at 53.

Read Full Post »

Long WAT (Volcano)

Long WAT at 75.13, stop at low of the day at 74.10. target 78.

WAT is consolidating, bought at 75.13

Read Full Post »

« Prev - Next »


Stock Commentary • PO Box 3043 • Laguna Hills • CA 92654


Disclaimer

 
Copyright © 2007 Stock Commentary

Trading may not be suitable for all individuals using this website. Trading may result in substantial losses! Please consult your financial advisor.

All of the content published on this website is to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the equities/options/futures or any other product named in these materials. Neither, Stock Trading Commentary nor any of the independent contributors, is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained on this website. There is a substantial risk of loss in trading stocks, futures, options and currencies. Trading may not be suitable for all individuals using this website. Please consult your financial advisor. Past performance is not indicative of future results. Please click here for a full disclosure.