Archive for November, 2010

  • Momentum Book Update: Embrace The Fear
    Posted by on November 13th, 2010 at 11:26 pm, Comments: 0

    It was a wild week for the materials sector, it was a wild week in general which saw the return of a little volatility.  I also saw some fear return for the first time since this rally began, in others and myself.  Friday was not fun, at all, there’s no other way to put it, [...]

  • Good Risk Reward Here
    Posted by on November 12th, 2010 at 7:27 pm, Comments: 0

    As of 2:20 PM when I am writing this the market has found some decent very short term support at the Fed day gap fill and the location of the 20 day moving average.  This was to be expected.  What was a little disappointing was the fashion in which it happened, we slammed down to that level, [...]

  • Abnormal Returns TV
    Posted by on November 12th, 2010 at 1:19 pm, Comments: 0

    Yesterday afternoon I sat down with Tadas Viskanta of Abnormal Returns to discuss what is taking place in the hedge fund world and how my recent post on separate accounts connects.  First off, if you ready this blog and aren’t reading Abnormal Returns on a daily basis I urge you to do so.  In a [...]

  • No Man’s Land
    Posted by on November 9th, 2010 at 11:32 am, Comments: 0

    No man’s land is a scary place, which is weird because it’s one of the safer places you can sit with your exposure.  When I say scary I am directly referring to the emotion of fear.  Remember I don’t believe in greed, only fear, fear of losing and fear of not having enough.  No man’s [...]

  • Chart.ly TV 11/08/10
    Posted by on November 9th, 2010 at 7:48 am, Comments: 0

    Last night on Chart.ly TV I sat down with Ron @gtotoy and Steven Place @stevenplace to run through our best setups and get a handle on this market that has surged the past few weeks.  There aren’t many good risk reward setups right now, and the failure rate of breakouts in this very strong market [...]

  • Momentum Watchlist Review
    Posted by on November 8th, 2010 at 8:36 am, Comments: 0

    As I said in my note this weekend, the market is overbought and there aren’t many prudent entry points right now.  That being said, there are a few stocks here setting up well and we always need to stay sharp.  Don’t lose focus of the major trends that you’re looking to play.  In the watchlist [...]

  • Momentum Book Update: Liquefy Me
    Posted by on November 7th, 2010 at 5:23 pm, Comments: 0

    Don’t fight the Fed, easier said than done obviously, but never was there a more unambiguous strategy.  I don’t want to get too deep into the macro environment here, but being that it is driving this market,  it needs to be a large part of the discussion. Look, we knew this rally off 1040 in August [...]

  • StockTwits News Desk FOMC Announcement Special
    Posted by on November 3rd, 2010 at 2:37 pm, Comments: 0

  • Hold On Tight
    Posted by on November 3rd, 2010 at 7:53 am, Comments: 0

    Today will be interesting, but I don’t think I would use the word fun to describe it.  As I said over the weekend, your goal should be to not blow up and give back hard fought gains from the past few months.  Playing defense is what separates those of us who can make gains on [...]

  • Chart.ly TV 11/01/10
    Posted by on November 2nd, 2010 at 7:28 am, Comments: 0

    I sat down last night with Frank @zortrades and Jason @wwwstockrake to discuss how they are positioned going into Wednesday’s festivities.  I think across the board we all agreed on two things, it’s best to lighten up into the announcement, and the fact that the market is losing momentum.  As well, we’re all seeing that [...]