Trading for the Masses

Entries from May 2007

Sold the NZDUSD pair again

May 31, 2007 · 4 Comments

We just sold the Kiwi @ .7408, good entries never sleep. But we have to hit the hay today as another big day awaits us tomorrow. Sold the KIWI and looking for fruit!!

nzdusd1.jpg

Categories: Charts · Forex · Psychology · Technical Analysis · Trading

Gappers and Crappers

May 31, 2007 · No Comments

Companies moving in after hours trading in reaction to earnings: Trading Up: DELL +5.5%; JCG +4.3%; PLL +2.4%; WIND +1.3%; HRS +1.2%; ESL +1.1%; OVTI +1.1%… Trading Down: AFCE -6.0%; GAIN -3.2%; NCS -2.2%; ATVI -1.4%; BRCD -1.2%; HOV -1.0%… Companies moving in reaction to news: Trading Up: ANTP +32.4% (products corporation awarded contract); ISTA +13.1% (announces positive preliminary results from ecabet sodium phase IIb study); DXCM +6.0% (receives FDA approval for its 7-day STS Continuous Glucose Monitoring System)… Trading Down: DDSS -44.5% (receives second approvable letter from FDA for once-daily Tramadol); CRAI -16.8% (prelim Q2 revs below consensus, and EPS below consensus; co lowers FY07 guidance); BLUD -8.3% (sees FY08 $0.92-0.96 vs $1.03 Reuters consensus; sees revs $249-257 mln vs $259.98 mln Reuters consensus; CFO to resign for family reasons); WRE -1.6% (announces public offering of 1.6 mln common shares); FRX -1.4% (Topline results of Phase III study in acute ischemic stroke do not demonstrate difference between Desmoteplase and placebo); CTRN -1.3% (announces offering by stockholders of approx 2 mln shares).

Categories: Psychology · Stocks · Technical Analysis · Trading

test for .avi files

May 31, 2007 · 3 Comments

KOMG trying to post link along with the video see if that is clearer for people. I have no idea why when the video posts in word press .avi format the quality disappears.

Categories: Uncategorized

5-31-07 Say Hello June!

May 31, 2007 · No Comments

Recap for the end of the day. Have a great day catch you in the am tomorrow.

Categories: Charts · Psychology · Stocks · Technical Analysis · Trading

AAPL thoughts

May 31, 2007 · 2 Comments

Ready for a rest. Some ideas on Trading AAPL. No position but a good trading stock.

Categories: Charts · Futures · Stocks · Technical Analysis · Trading

Midday Discourse

May 31, 2007 · No Comments

We are going to call it a trading day as the markets are flat and not showing their hands much again today. Digesting yesterdays gains and preparing for tomorrows economic news I guess is the flavor today. We are heading out for some golf as the setups just aren’t showing their heads to us today so let’s take advantage and hit the little white ball today.

Categories: Charts · Futures · Lifestyle · Psychology · Sports · Stocks · Technical Analysis · Trading

Good to Go Pile . . .

May 31, 2007 · No Comments

Gates and Jobs Interview

Bent Over Buckettes, The Sequel

Did I mention I still love Harbaugh stirring the pot at my alma mater?

Good thing this isn’t happening anywhere else, and Real Estate is local or some other BS cliche that the NAR spews

More on Wall Street and Main Street Disconnect

Goldman Sachs ain’t infallable

Forced to Eat Higher Food Prices

Already in Growth Recession

FOMC minutes

John Henry is 90% in 6 month T bills

The Market Won’t get Fooled Again

Welcome Back Tim!

Fix you a problem?

Timing a Trade. Loved this one!

Categories: Charts · Futures · Lifestyle · Music · Psychology · Real Estate

Spoos and Interest Rates

May 31, 2007 · No Comments

Here are some thought on the SP futures and Interest Rates today.

Categories: Charts · Fib Projections · Futures · Technical Analysis · Trading

Buying more SDS long term

May 31, 2007 · 2 Comments

I am dipping into more SDS for the longer term. I think we could continue higher and higher, but I will continue buying some SDS if we continue to rise.

Categories: Charts · Stocks · Technical Analysis · Trading

Covered our DXPe

May 31, 2007 · No Comments

Having some tech issues so no chart, but we covered our DXPE for 1.2 or so @ 48.7. Next trade profits booked.

Categories: Charts · Stocks · Technical Analysis · Trading