Bringing you some promising trade ideas each trading day

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Sunday, February 28, 2010

Trade Ideas for 03/01/10

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline
EEV 11.77 11.87 +0.8% 11.47 N/A
DUG 12.84 13.06 +1.7% 12.37 N/A
BBT 27.51 28.53 +3.7% 27.99 N/A


New Trade Ideas
Ticker Entry Exit A Exit C
BLDP (Ballard Power) 2.27 2.19 N/A
SSG (Ultrashort Semiconductors) 19.64 18.78 N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Thursday, February 25, 2010

Update 02/26/10

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline
EEV 11.77 12.11 +2.9% 11.47 N/A
FXP 9.48 9.32 -1.7% 9.10 N/A
DUG 12.84 13.09 +1.9% 12.37 N/A
BBT 27.51 28.23 +2.6% 27.61 N/A

Wednesday, February 24, 2010

Trade Idea for 02/25/10

The S&P closed near its 50-day moving average. Yesterday we lost a bunch of our holdings. See updated table. Also, it appears I posted trade ideas for 2/23 over the original 2/22... oops

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline
BLDP 2.24 2.22.02 -0.9% 2.18 N/A
EEV 11.77 11.90 +1.1% 11.47 N/A
FXP 9.48 9.19 -3.1% 9.10 N/A
DUG 12.84 13.06 +1.7% 12.37 N/A
BBT 27.51 28.48 +3.5% 27.61 N/A


New Trade Ideas
Ticker Entry Exit A Exit C
ZSL (Ultrashort Silver) 5.14 4.98 N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Update 2/24/10

Market doesn't seem to want to go down - keep sell-stops steady on remaining holdings.

Sunday, February 21, 2010

Trade Ideas for 02/22/10

The major averages have now recovered their flattened 50-day moving averages. There might be another week of consolidation/choppiness to finish out the month.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline
BLDP 2.24 2.35 +4.9% 2.18 N/A
LIZ 5.81 6.40 +10.2% 6.09 N/A
HANS 39.27 40.55 +3.3% 39.63 N/A
DUG 12.84 12.80 -0.3% 12.37 N/A
CELL 7.34 7.26 -1.1% 7.15 N/A
MOO 44.38 43.91 -1.1% 43.71 N/A
BBT 27.51 28.21 +2.5% 27.15 N/A


New Trade Ideas
Ticker Entry Exit A Exit C
DGP (Gold Double Long) 27.86 26.99 N/A
TLM (Talisman) 18.11 17.69 N/A
EEV (Ultrashort Emerging Markets) 11.77 11.47 N/A
FXP (Ultrashort Xinhua 25) 9.48 9.10 N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Thursday, February 18, 2010

Trade Ideas for 02/19/10

The S&P tagged its 50-day moving average today. There's a good chance this average will be resistance, so time to take a little off our long positions. We sold NGD today.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline
BLDP 2.24 2.30 +2.7% 2.18 N/A
LIZ 5.81 5.97 +2.8% 5.73 N/A
HANS 39.27 40.51 +3.2% 39.49 N/A


New Trade Ideas
Ticker Entry Exit A Exit C
BBT (BB&T) 27.51 26.99 N/A
DUG (Ultrashort Oil & Gas) 12.97 12.47 N/A
SKF (Ultrashort Financials) 24.24 23.49 N/A
EEV (Ultrashort Emerging Markets) 12.02 11.36 N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Wednesday, February 17, 2010

Trade Ideas for 02/18/10

S&P approaching its 50-day moving average - and just might hit it this time around. The first touch, at least, tends to be resistance, so it's time for caution and tightened stops. We were stopped out of FST for a nice profit and into LIZ.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
BLDP 2.24 2.40 +7.1% 2.18 N/A Chart
NGD 4.48 4.88 +8.9% 4.72 N/A Chart
LIZ 5.81 5.92 +1.9% 5.54 N/A Chart
HANS 39.27 39.48 +0.5% 38.76 N/A Chart


New Trade Ideas
Ticker Entry Exit A Exit C Chart
BBT (BB&T) 27.51 26.99 N/A Chart
BZQ (Ultrashort Brazil) 27.19 25.68 N/A Chart
DUG (Ultrashort Oil & Gas) 13.01 12.49 N/A Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Tuesday, February 16, 2010

Trade Idea for 02/17/10

Stocks broke out today, and we were stopped out of SRS, MZZ, PSQ and QID, and into BLDP. Let's see if the market can consolidate and build on today's advance.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
BLDP 2.24 2.27 +1.3% 2.11 N/A Chart
NGD 4.48 4.74 +5.8% 4.24 N/A Chart
FST 24.71 27.70 +12.1% 26.90 N/A Chart
HANS 39.27 39.05 -0.6% 28.18 N/A Chart


New Trade Ideas
Ticker Entry Exit A Exit C Chart
LIZ (Liz Claiborne) 5.81 5.54 N/A Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Sunday, February 14, 2010

Trade Ideas for 02/16/10

Interesting week that saw the S&P bounce off the 1060 level every single day. This congestion is building a base, but whether that's to launch upward or downward can't be determined. We bought HANS Friday.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
SRS 7.61 8.27 +8.7% 8.06 N/A Chart
MZZ 21.11 22.35 +5.9% 21.92 N/A Chart
NGD 4.48 4.52 +0.9% 4.24 N/A Chart
PSQ 45.26 45.37 +0.2% 45.25 N/A Chart
QID 21.71 20.47 -5.8% 20.37 N/A Chart
FST 24.71 26.50 +7.2% 24.79 N/A Chart
HANS 39.27 39.23 -0.1% 28.18 N/A Chart


New Trade Ideas
Ticker Entry Exit A Exit C Chart
LIZ (Liz Claiborne) 5.81 5.54 N/A Chart
BLDP (Ballard Power) 2.24 2.11 N/A Chart
FRG (Fronteer Development Group) 4.43 4.21 N/A Chart
DUG (Ultrashort Oil & Gas) 13.81 13.22 N/A Chart
EEV (Ultrashort Emerging Markets) 12.67 12.16 N/A Chart
SDS (Ultrashort S&P) 38.24 36.84 N/A Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Thursday, February 11, 2010

Trade Ideas for 02/12/10

A bit of a spurt today to liven up a mostly sideways week. Friday could add a punctuation mark to this congestion-rally, so I suggest booking profits on any long positions taken by the close. Monday is a market holiday. We bought NGD. Also, I just realized we should have been stopped out a few days ago in DXD.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
SRS 7.61 8.44 +10.9% 8.06 N/A Chart
MZZ 21.11 22.67 +7.4% 21.92 N/A Chart
NGD 4.48 4.59 +2.5% 4.24 N/A Chart
PSQ 45.26 45.51 +0.5% 45.25 N/A Chart
QID 21.71 20.57 -5.3% 20.37 N/A Chart
FST 24.71 25.65 +3.8% 24.49 N/A Chart


New Trade Ideas
Ticker Entry Exit A Exit C Chart
DDR (Developers Diversified Re) 9.43 8.96 N/A Chart
ANN (Ann Taylor) 15.31 14.64 N/A Chart
LCAPA (Liberty Media) 27.41 26.46 N/A Chart
HANS (Hansen Natural) 39.27 28.28 N/A Chart
SKF (Ultrashort Financials) 26.17 25.16 N/A Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Wednesday, February 10, 2010

Trade Ideas for 02/11/10

Stalling; let's see what Thursday brings. Since we are quite short, tomorrow's ideas are some long hedges.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
SRS 7.61 8.58 +12.7% 8.06 N/A Chart
MZZ 21.11 23.24 +10.1% 21.92 N/A Chart
DXD 31.66 31.24 -1.3% 31.18 N/A Chart
PSQ 45.26 46.18 +2.0% 45.25 N/A Chart
QID 21.71 21.22 -2.3% 20.37 N/A Chart
FST 24.71 24.80 +0.4% 23.45 N/A Chart


New Trade Ideas
Ticker Entry Exit A Exit C Chart
HANS (Hansen Natural) 39.27 38.07 N/A Chart
NGD (New Gold) 4.48 4.24 N/A Chart
EEV (Ultrashort Emerging Markets) 13.01 12.38 N/A Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Tuesday, February 9, 2010

Trade Ideas for 02/10/10

The market bounced around today with a bullish bias. Guess it wasn't ready for that date with its 200-day average just yet. We bought FST and added to SRS.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
SRS 7.61 8.60 +13.0% 8.06 N/A Chart
MZZ 21.11 23.36 +10.7% 21.92 N/A Chart
DXD 31.66 31.21 -1.4% 31.18 N/A Chart
PSQ 45.26 46.08 +1.8% 45.25 N/A Chart
QID 21.71 21.14 -2.6% 20.37 N/A Chart
FST 24.71 24.69 -0.0% 23.45 N/A Chart


New Trade Ideas
Ticker Entry Exit A Exit C Chart
ACAS (American Capital Strategies) 3.41 3.17 N/A Chart
NGD (New Gold) 4.48 4.27 N/A Chart
TWM (Ultrashort Russell 2000) 28.13 26.92 N/A Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Monday, February 8, 2010

Trade Ideas for 02/09/10

No follow-through on Friday's late afternoon push, and now the market could be in real trouble. A break of Friday's lows and the S&P could see its 200-day moving average in short order. Its 50-day moving average has already turned south, although not decidedly so. Still holding our shorts, maybe adding.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
SRS 7.61 8.56 +12.5% 7.64 N/A Chart
MZZ 21.11 23.89 +13.2% 21.92 N/A Chart
DXD 31.66 32.13 +1.5% 31.18 N/A Chart
PSQ 45.26 46.57 +2.9% 45.25 N/A Chart
QID 21.71 21.58 -0.6% 20.37 N/A Chart


There's the potential that the train leaves the station tomorrow. If not, FST might be good for a bounce.

New Trade Ideas
Ticker Entry Exit A Exit C Chart
TWM (Ultrashort Russell 2000) 28.73 27.20 N/A Chart
SRS (Ultrashort Real Estate) 8.71 8.06 N/A Chart
FST (Forest Oil) 24.71 23.45 N/A Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Sunday, February 7, 2010

Trade Idea for 02/08/10

After washing out Friday morning, the market came roaring back to close the averages green for the day. Long-legged dojis such as the ones painted Friday are stark reversal signals, so we can't discount the possibility of at least a short-term bottom being put in. However, if the rally ended on January 19th, the market should not get above last week's highs, so that'll be our exit point. We were stopped out of CYTR and into DXD and QID.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
SRS 7.61 8.18 +7.5% 7.64 N/A Chart
MZZ 21.11 23.60 +11.8% 21.92 N/A Chart
DXD 31.66 31.56 -0.3% 1.18 N/A Chart
PSQ 45.26 46.34 +2.4% 45.25 N/A Chart
QID 21.71 21.30 -1.9% 20.37 N/A Chart


New Trade Ideas
Ticker Entry Exit A Exit C Chart
DVAX (Dynavax) 1.56 1.44 N/A Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Thursday, February 4, 2010

Trade Ideas for 02/05/10

What a swoon. Could that be as close as the averages get to their 50-day moving averages this go round? It looks like it, as the market plunged to new downtrend lows. I think it's time to chase. We were stopped out of BEE and BLDP today.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
SRS 7.61 8.49 +11.6% 7.64 N/A Chart
MZZ 21.11 23.64 +12.0% 21.92 N/A Chart
CYTR 1.26 1.24 -1.6% 1.18 N/A Chart
PSQ 45.26 46.63 +3.0% 45.25 N/A Chart


Some shorts to chase, and a biotech.

New Trade Ideas
Ticker Entry Exit A Exit C Chart
FXP (Ultrashort Xinhua 25) 10.06 8.99 N/A Chart
QID (Ultrashort QQQQ) 21.71 20.37 N/A Chart
DXD (Ultrashort Dow) 31.66 29.83 N/A Chart
DVAX (Dynavax) 1.61 1.46 N/A Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Wednesday, February 3, 2010

Trade Ideas for 02/04/10

A bit of a pause in the bounce, but the 50-day moving average is within sight. The market remains in a good position to make a run for it this week. We were stopped out of ALSK and into CYTR.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
SRS 7.61 7.91 +3.9% 7.29 N/A Chart
MZZ 21.11 22.26 +5.4% 20.49 N/A Chart
CYTR 1.26 1.24 -1.6% 1.18 N/A Chart
PSQ 45.26 45.32 +0.1% 44.39 N/A Chart
BEE 2.36 2.20 -6.8% 2.14 N/A Chart
BLDP 2.28 2.20 -3.5% 2.17 N/A Chart


New Trade Ideas
Ticker Entry Exit A Exit C Chart
LUNA (Luna Innovations) 3.28 2.90 N/A Chart
RDN (Radian) 7.32 6.81 N/A Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Tuesday, February 2, 2010

Trade Ideas for 02/03/10

Bounce underway; let's see if the 50-day moving average contains it.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
SRS 7.61 7.72 +1.4% 7.29 N/A Chart
MZZ 21.11 21.99 +4.2% 20.49 N/A Chart
ALSK 8.14 7.92 -2.7% 7.91 N/A Chart
PSQ 45.26 45.59 +0.7% 44.39 N/A Chart
BEE 2.36 2.35 -0.4% 2.14 N/A Chart
BLDP 2.28 2.23 -2.2% 2.17 N/A Chart


New Trade Ideas
Ticker Entry Exit A Exit C Chart
LUNA (Luna innovations) 3.28 2.90 N/A Chart
CYTR (CytRx) 1.26 1.18 N/A Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Monday, February 1, 2010

Trade Ideas for 02/02/10

Time for that bounce? We'll know soon enough.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
SRS 7.61 7.99 +5.0% 7.29 N/A Chart
MZZ 21.11 22.67 +7.4% 20.49 Alternate sell-stop: 22.08 Chart
ALSK 8.14 8.00 -1.7% 7.91 N/A Chart
PSQ 45.26 46.04 +1.7% 44.39 N/A Chart


New Trade Ideas
Ticker Entry Exit A Exit C Chart
BEE (Strategic Hotels) 2.36 2.20 2.14 Chart
BLDP (Ballard Power) 2.28 2.12 N/A Chart
SRS (Ultrashort Real Estate) 8.39 7.95 7.89 Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.