Stocks Daily Discussion

[pftq]

So I found out Yahoo's historical quotes don't include today.  That set me back quite a bit and I spent most of my morning rewriting code to pull from their other API for today's quote.

I'm trying to avoid trading stocks that the program already closed positions on.  Had to re-run my scan on the Russell index for trendline breaks.  It's still running right now (only have 100 done), but I've gotten one so far that isn't closed yet at least.

I'll see about entering depending on tomorrow's open.

LVLT at 21.56


Other stocks it pulled up for the past week but already closed longs on were GOOG and WHR.

[pftq]

Finally got one that was opened today.  Still going to wait till tomorrow for confirmation though.

SANM at 8.90

[pftq]

The SPY trendlines are pretty darn accurate - we bounced right off the resist today exactly.

[pftq]

Into SANM September calls at $.45


Current still watching LVLT and just added EXEL to my watchlist based off my bottom indicator.

[pftq]

Bah, missed LVLT while I was typing.  Going to hope it pulls back a bit more later.

Picked up EXEL Sept calls at $.70

[pftq]

HUN just showed up as a potential resistance break.  Going to wait nearer close to make sure it doesn't ruin that candle.

[pftq]

Added HUN Sept calls at $1.20 - quite some resistance at the stock price of $14.50 though; hope to see that break before close.

Also added BBG Sept calls at $1.75, in anticipation of the below upper trendline break.

[pftq]

If we close here, we break the upper trendline resist for SPY. (bullish) But it's very close to the stronger horizontal resistance right above.
Looks like the long signal from June still works though.

[pftq]

Quite interesting.  Pretty much all the trendline breaks I'm getting today on my program are long signals.

[pftq]

Picked up a few BAC Aug24 calls at $.10 in anticipation of the upward trendline break (and recent market resistance break).  Only a few because it hasn't actually broken on my program yet, so I'm frontrunning the signal a bit.

Special thanks to Davecash at Hotstockmarket for the heads up.

[pftq]

Some other breakouts picked up by my program going into close.  Didn't have time to trade them though as I'm already busy with my existing positions.

[pftq]

Out of BAC calls this morning at $.19 - basically a +90% gain.
Picked up SPY Aug.24 142x calls at $.80 during the light dip

[pftq]

All trendline triggered trades in green finally.  5 for 5 on automated trendline trades so far.
SANM - in at .45, currently .50 bid
HUN - in at 1.2, currently 1.3 bid
BBG - in at 1.75, currently 1.85 bid
AXL - in at .55, currently .6 bid
SPY - in at .80, currently .80 bid


Edit:
Exited SANM and HUN at the same prices, since my program also sold.
Re-entered BAC at $.14.

BBG - in at 1.75, currently 1.75
AXL - in at .55, currently .6
SPY - in at .80, currently .9
BAC - in at .14, currently .13

[pftq]

Added AAPL Sept 700x Calls near close today at $7.45.  Saw it kind of late but just buying off the cup-handle formation and the hype building up to the iPhone5 release.

[pftq]

Out of BAC calls at $.40 (+185%), stock at $8.40 (re-entered a couple days ago at $.14 after already making almost 100% in one day).
More than content with this stock already.

I'm thinking it should pullback at least a little bit (intraday timeframe in mind) from the resist at $8.40 exact.
But my program just generated another buy signal on today's candle and $8.25 break, so I'll probably get back in on longer expiration end of day.
Edit: Have to see the price near close first though - buy signal today can be completely cancelled out if the candle is no good.


Also out of BBG at $1.80, already past my expected holding period.
Doubled calls on Sept. 700x AAPL during the pullback just now.

Watching for an exit on SPY as I don't want the weekly decay to bite into my gains.
Edit: Got out at $1.20 (+50%) on calls (from $.80 last week).  Think it'll go higher but I'll probably want to re-enter and father expiration calls.