I added to (DGLY: 8.16 -5.45%) today on weakness. I have been long this stock since $7.31.
DGLY makes video surveillance equipment for the police. In our increasingly Orwellian society, I can see “increased surveillance” as a trend that continues to grow, especially as the costs associated with recording and storing the surveillance go [...]
I covered my FWLT short at $52.26. If you followed me on this trade, buy me a pretend beer and drink it for me.
(RICK: 15.65 +1.36%) is having a nice day today, along with the broader market following a positive Institute of Supple Mustaches report which showed manufacturing had contracted less than previously thought.
RICK is a great growth stock/story with the high quality problem of having its earnings acceleration occur during “The Great Recession of 2008.”
Co announces it [...]
I am covering AMZN here at 64.31.
Though I think it can (should) trade lower, there is some gypsy support at $64, which is noticeable on both the intra-day chart as well as the 1 yr. chart.
I am leaving my other hedges (TWM: 84.76 +2.00%), (SRS: 110.15 +1.71%), (SKF: 160.40 +0.70%) on, as they have more [...]
First, you get what you pay for––which is nothing. So, I give you day old charts. Close enough, right?
(AZK: 4.63 -5.51%) - day old.
(CEO: 170.99 -2.24%) - a recent ragin trade (day old) ((the highlights in red on this chart should be green))
Ok, my cheap (POT: 210.89 -0.78%) joke. I’m watching [...]
1.) A close above 1367 today would be a sexy coed spring break beer party for the Bulls. Bears, you can hang out in the center common room on the third floor.
2.) Remember this study I did concerning the January Effect? The main takeaway was that if the Market shat the water-closet [...]
Piecemeal additions to my holdings:
Added to (SKF: 160.40 +0.70%) at 110
Added to (BG: 97.13 -3.55%) at 109.15 (short) - Missed earnings, margin problem, weak. Stop 120
Initiated (FCX: 108.64 +0.99%) at 94.35 (short) - Weak. Stop +97
Bought (SPWR: 64.32 +2.39%) at 78.16 - Sector momentum shifting positive after big sell-off. Stop 76
Bought (ISRG: 250.34 +0.07%) at [...]
Surprise! Short Squeeze! Cheers to (CSCO: 23.12 +1.23%)’s apparent inability to bring the market down.
Odd, no?
Never mind, we’re ticking negative. That was fun.
I made a quick short in FLR for 2 pts, but had to cover NE at a .50 loss. Watch FLR for more weakness today.
I also:
Added (SKF: 160.40 +0.70%) [...]
If you shorted your local prison while drunk when I first recommended that as a viable investment plan, congrats, you’re up (as of 1/25’s close) 10.9%. We’re now at the area I marked as support, so I am going to watch this week’s action carefully to see if it breaks or holds this level. [...]
