Stocks Daily Discussion

[pftq]

Not without pullbacks.  That's kind of the point - when's the next top, next pullback.

[pftq]

HTZ exited yesterday - was out all day and will want to follow that at some point today.


Also a tentative short on KSS.

[ItsMeexD]

XLU Jan calls now 0.57, +96.5% gain from entry.sold too early yesterday at 0.50 +72%.

[pftq]

Comprehensive strategy will cover and go long again if we close this low (close-dependent signals now labeled in orange).

[pftq]

Out of HTZ at $1.40 on the calls from $1.30 (missed my exit with the program earlier).  SPY cover didn't happen - guess we wait more before going long lol

Finally got my trades being automated by my Tech Trader program though and it just exited Dec. calls on CE at $2.40 (from $1.75 entry a couple days ago).  It also just started an entry on EWZ Dec. 52x puts at $.82.  I'm posting this late cause I also just saw this myself; am away from home a lot these last few weeks of school and am not always around to post the trades when they happen (which is a good thing this is now automated ).

[pftq]

Only one new trade today from the automation.  FCX Dec. 31x Puts at $1.20

[pftq]

Not much change in market conditions so far, just more stocks continuing to run up against resistance and geting flagged as short opportunities.  Am prepared to flip long if they break though.

[ItsMeexD]

heads up today.

Feb. 68 calls, 30,000 contracts, $0.65 on QQQ. thats a $1.95 million bet

also Jan. 2015 $190 puts, 900 contracts, $51.60 on CRM. thats a $4.64 million bet.

I will be looking to play the QQQ calls, hesitant about the CRM puts.

[pftq]

These could just be hedges to a larger position - just keep in mind.

[pftq]

Finally done with finals here - haven't looked at anything all week and still slowly taking things in haha

Comprehensive strat on SPY is still short.  Great bounce down from resistance, love how we sold off from QE announcement again.  MACD is still bullish though and the volume isn't strongly indicative of a top.


Automated trades did ok, about flat this week with a mix of losses/gains.  Need to restrict the number of RSI trades since a lot of them seemed correlated (right together, wrong together,).  Trendline break trades helped even things out for the most part, namely trades on MU, AMRN, A, and DKS.  FCX didn't play out at all - probably should put a filter on gap-downs (actually  have one on the strat but it's for extreme % gap-downs, which didn't trigger on FCX).

[pftq]

Updated bollinger bands to highlight pinches in bold red.  Looks like we're forming one on SPY right now as well.  Should be interesting.


Also tentative long on LRCX based on trendlines.

[ItsMeexD]

those QQQ calls mentioned a few days ago working out perfectly

was 2.19, sold at 2.62, now 2.74 -> and these are the march's, as opposed to the feburaries.

[pftq]

My Tech Trader program now automatically posts its trades to my virtual trading site as well.  Useful for me to keep track of what it's doing from my phone and whatnot.
https://www.pftq.com/stock_sys...

It's pretty much like another person trading my account for me now lol

Meanwhile comprehensive strategy is still short on SPY.  Will be hilarious if the next sell off coincides with the end of the world prediction date (12/21/2012).

[pftq]

Sigh, my program is beating me.  I'm now obsolete.
https://www.pftq.com/stock_sys...

[ItsMeexD]

where is everyone!? lol will i see people on chat tomorrow morning...
(2-1-13) $1.5 million in 50,000 April $18 calls $0.30
i currently have March 18 calls at 0.16, join me! next leg of this rally is in financials