Archive for August, 2010

  • Chart.ly TV 08/30/10
    Posted by on August 31st, 2010 at 8:21 am, Comments: 0

  • Daily Momentum Watchlist Review
    Posted by on August 31st, 2010 at 7:14 am, Comments: 0

  • Momentum Book Update
    Posted by on August 30th, 2010 at 7:54 am, Comments: 0

    Wow, what a week.  It’s taken a little while for it all to sink in, there were a lot of moving parts over the last five trading days.  Just a short warning, this week’s momentum book update will be quite long, so if you’d like to skip to the position and performance section, scroll down [...]

  • Long/Short and Uncorrelated
    Posted by on August 26th, 2010 at 7:10 pm, Comments: 0

    This market is a god damn mine field, you better be wearing one of those bomb squad suits and have the agility of a ballerina if you wish to play.  But, for those willing, there are some decent opportunities on both sides here.  Over the past few days I have radically increased my overall exposure. [...]

  • Note To Consumer Tech Companies
    Posted by on August 24th, 2010 at 5:04 pm, Comments: 0

    Dell threw its hat into the ring of hopeful iPhone killers today with the Aero, and all I can say is, good luck. Well, actually I have a lot more to say. I continue to be perplexed as to why Dell, Research In Motion, Palm, Motorola, and a few others attempt to go up against [...]

  • The Home Improvement Trade Is Over
    Posted by on August 23rd, 2010 at 2:51 pm, Comments: 0

    Last winter through the spring it was very obvious that the long home improvement short housing trade was on big time.  Consumer spending led the way as people who refused to sell their houses at the bid which was most likely about 5-7% lower decided to fix up their existing houses instead and live in [...]

  • Momentum Book Update
    Posted by on August 22nd, 2010 at 10:53 pm, Comments: 0

    Another week of this trendless mess of a market.  I’m starting to feel like a broken tape recorder when I say, stay small and hedge if you really want to play in this market.  Our job as trend/momentum traders is to ride the tide as it lifts all boats by buying the right stocks.  Right [...]

  • Two Retail Shorts
    Posted by on August 22nd, 2010 at 4:34 pm, Comments: 0

  • Return of Weekend Reading
    Posted by on August 22nd, 2010 at 11:05 am, Comments: 0

    Returning from a not so brief hiatus is Weekend Reading.  This week, a menagerie of articles from the past few months, some are time sensitive, some not as much.  There’s a lot here this week, and they are posted in no particular order, so peruse throughly. Is Facebook going to change display ads the way Google [...]

  • Best Bet On The Long Side Here, Materials
    Posted by on August 20th, 2010 at 10:23 am, Comments: 0

    I don’t like this market and continue to believe that on the swing/position trading time frames you should be small and hedged with both longs and shorts.  As you know, this isn’t my kind of market and I will never make a killing on the short side.  But, targeted shorts here are warranted.  Between yesterday [...]