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  • My Stream’s Collective Voice
    Posted by Leigh Drogen on October 15th, 2010 at 10:36 am, Comments: 0

    As StockTwits grows, I’ve been thinking a lot lately about the collective voice of my stream, and how I interpret it.  I’ve seen the development of the stream over the past two years and some interesting things have taken place. When I talk about the stream, I mean my friends stream.  I still believe watching [...]

  • Financials Hit A Brick Wall
    Posted by Leigh Drogen on October 14th, 2010 at 11:49 am, Comments: 0

    The financial sector hit a brick wall once again today as the $XLF ran straight into that 15$ level that has been iron clad for more than 5 months. $JPM earnings yesterday morning left much to be desired.  Their investment banking unit is having issues and the flow on their trading desks has been very [...]

  • Education Trade Update
    Posted by Leigh Drogen on October 13th, 2010 at 3:28 pm, Comments: 0

    As you know, I have been long $APOL and short $STRA as a pairs trade for quite some time now.  It’s not a huge trade, I’m about 3.1% long $APOL and 4.6% short $STRA.  The trade has largely worked since I put it on at the end of August, but has gone back and forth [...]

  • Chart.ly TV 10/11/10
    Posted by Leigh Drogen on October 12th, 2010 at 6:54 am, Comments: 0

    Last night on Chart.ly TV I spoke with Steven Place and John Lee about how they are handling this grind of a market that we are now in.  Over the past few weeks there have been a bevy of excellent setups, but as we saw last night while running through our charts, the herd is [...]

  • Momentum Watchlist Review: Throw Those Darts
    Posted by Leigh Drogen on October 11th, 2010 at 12:48 am, Comments: 0

    While walking on the lower east side this evening with my girlfriend, I proceeded to slam the big toe of my right foot into a tree box on the sidewalk (I swear it came out of nowhere).  After making quite a scene of her pouring hydrogen peroxide all over my foot in a local Rite [...]

  • Rookie Magic
    Posted by Leigh Drogen on October 10th, 2010 at 12:33 am, Comments: 0

    There’s some serious rookie magic taking place in the NHL this year, oh man.  Tonight Derek Stepan scored a hat trick in his first NHL game, he is only the 4th player ever to accomplish that feat.  I told you this kid was gonna be good A few days ago Jordan Eberle, a great rookie [...]

  • Momentum Book Update: Ride The Trend
    Posted by Leigh Drogen on October 9th, 2010 at 8:03 pm, Comments: 0

    It was a wild week for momentum traders as the cloud fell on the head of those long in the space.  But the damage was well contained and we saw many other industries continue to push higher through the end of the week as we closed at a new high for the rally.  The burning [...]

  • New York Rangers Season Preview
    Posted by Leigh Drogen on October 9th, 2010 at 2:29 pm, Comments: 0

    Another hockey season is upon us as the New York Rangers will play the Buffalo Sabres tonight in their season opener.  As you all know, I am a huge hockey fan.  In fact, I believe being a hockey fan, or fan of any other sports team, can be chalked up as a religion.  Frankly, it’s [...]

  • How I Use RSI
    Posted by Leigh Drogen on October 9th, 2010 at 10:35 am, Comments: 0

    I felt it was pertinent to do a few posts talking about some of the indicators and oscillators I use in my trading strategy.  Instead of going into a full blown thesis on the use of oscillators and momentum indicators, we’re going to keep it actionable here and dispense with the philisophical argument over why [...]

  • The Breadth Is Excellent
    Posted by Leigh Drogen on October 5th, 2010 at 6:57 pm, Comments: 0

    I ran through my long scans a few minutes ago and I’ve got to say, out of the 350 or so stocks that got through (a lot), I could throw a dart at about 200 of them and be happy right now.  That isn’t normal.  And it’s not because the market is on fire right [...]