Archive for March, 2010

Signs of Distribution, Stay Nimble

I went on a bit of rant tonight after the $RIMM earnings, but I think it’s good info that should be heeded.  The market feels a little iffy here, but there are still great setups like $ATHR $PCX $WPRT and $NUS which I talk about in the video below&#[ READ MORE ]

Intraday Position Management

This quiet market and a little bit of quiet at the office today has given me a few minutes to highlight an aspect of trading that rarely gets looked at, intraday position management.  The screen shot below shows the screen that I look at throughout the day to get a feeling for where my positions [ READ MORE ]

Just Chill

There are times when putting the pedal to the floor is the right move, and others when just cruising is advisable, this would be the latter.  Don’t chase breakouts here, the market needs time to collect itself and prepare for the assault on 1200.  There are setups to be bought, but when they are few [ READ MORE ]

Momentum Book Update

We’ve come pretty far since the February lows, take a moment to comprehend just how far we’ve come in under two months.  1044 to 1180, that’s more than 13%, wow.  In the scheme of this rally off the March 09′ lows, that may not seem impressive, but make no mistake, this has been a monumental [ READ MORE ]

A Lesson In Momentum Trading

I get quite a few questions these days regarding my trading philosophy, strategy, and tactics.  I want to review a chart I came across that really gets to the heart of my style, how I think about individual trades, and trading in general. I run two different strategies for clients of Surfview Capital.  The long/short [ READ MORE ]

StockTwits Brunch

I had the pleasure of filling in for Steven Place on StockTwits Brunch this morning.  We took a look at the major equity indices, commodities, bonds, and some equity sectors, and then took some requests from the StockTwits stream.  Video below&#[ READ MORE ]

Calm Down, the Market Is Going To 1200

The afternoon sell off today was a shot across the bow for sure, but until the bears can put together a string of 3 days of bad action I continue to be heavily long.  We are going to 1200, not in a straight line, but we’re going there.  I have a bunch of names for [ READ MORE ]

Choke On Your Healthcare Shorts

Shame on you, you know who you are, you infect your stock operation with personal political beliefs.  The market doesn’t give a crap about whether you are a Democrat or Republican, it doesn’t care if you’re rich or poor, old or young.  The market will eat you alive if you force your beliefs upon it. [ READ MORE ]

Momentum Book Update

My call to get long materials and energy at the beginning of the week was looking pretty spot on by Wednesday afternoon, and then, it got completely blown out of the water by the close on Friday as the dollar surged off the 50 day moving average.  The $OIH got slaughtered Thursday and Friday as [ READ MORE ]

Interview With Victus Spiritus

I sat down at StockTwits Headquarters this week for an interview with Mark Essel, a technology blogger here in New York looking at hot new startups.  I want to thank Mark for the interview on his blog, it was a pleasure to have him at the office.  You can find his blog, Victus Spiritus here[ READ MORE ]

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