Bringing you some promising trade ideas each trading day

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Monday, May 31, 2010

Trade Ideas for 06/01/10

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline
SKF 17.33 21.08 +21.6% 18.11 N/A
SDS 29.09 35.77 +18.2% 29.99 N/A
TWM 17.63 20.35 +15.4% 17.49 N/A


New Trade Idea
Ticker Entry Exit A Exit C
UWM (Ultra Russell 2000) 32.16 30.77 N/A
TZA (Small Cap Bear 3x) 7.21 6.58 N/A
IAG (IAMGold) 17.88 17.22 N/A
CPF (CPB) 2.56 2.32 N/A
EGY (Vaalco Energy) 5.47 5.28 N/A
DGP (Gold Double Long ETN) 32.31 31.49 N/A
LIZ (Liz Claiborne) 6.41 6.02 N/A

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

Thursday, May 20, 2010

Trade Idea for 05/21/10

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline
SKF 17.33 22.75 +31.3% 18.11 N/A
SDS 29.09 35.77 +23.0% 29.99 N/A
TWM 17.63 21.95 +24.5% 17.49 N/A


New Trade Idea
Ticker Entry Exit A Exit C
SYNA (Synaptics) 29.01 27.70 N/A

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

Thursday, May 13, 2010

Trade Ideas for 05/14/10

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline
SKF 17.33 18.70 +7.9% 16.92 alt: 18.11
SDS 29.09 30.93 +6.3% 28.77 alt: 30.05
TWM 17.63 18.11 +2.7% 17.14 alt: 17.53
RGLD 49.33 52.11 +5.6% 47.78 N/A
NSU 3.16 3.11 -1.6% 2.89 N/A


New Trade Ideas
Ticker Entry Exit A Exit C
BLDP (Ballard Power) 2.38 2.23 N/A
BZQ (Ultrashort Brazil) 25.14 24.15 N/A
GLD (Gold ETF) 122.26 120.09 N/A
AAPY (AspenBio) 3.78 3.40 N/A

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

Tuesday, May 11, 2010

Trade Ideas for 05/12/10

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline
SKF 17.33 18.63 +7.5% 16.92 alt: 18.11
SDS 29.09 31.04 +6.7% 28.77 alt: 30.23
TWM 17.63 18.93 +7.4% 17.14 alt: 18.36
RGLD 49.33 51.45 +4.3% 47.78 N/A


New Trade Ideas
Ticker Entry Exit A Exit C
SH (Short S&P 500) 50.12 48.99 N/A
NSU (Nevada Sun Resources) 3.16 2.89 N/A
ABK (Ambac) 1.59 1.40 N/A
UCO (Ultra Crude Oil) 11.91 11.39 N/A

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

Thursday, May 6, 2010

Update, 05/07/10

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline
SKF 17.33 20.26 +16.9% 16.92 N/A
SDS 29.09 32.85 +12.9% 28.77 N/A
QID (?) 15.47 17.66 +14.2% 15.27 N/A
TWM 17.63 20.44 +15.9% 17.14 N/A
RGLD 49.33 50.33 +2.0% 47.78 N/A


Not sure if we're still holding QID. If you got stopped out, ask your broker if you can bust the trade. Ask also for a times & sales report. But the day's range shows that it hit a low of 4.95 during a phase of market recovery from the extreme lows.

They're blaming the crash on a mis-entered order, but it doesn't matter how it happened. Live and die by the sword. High-frequency trading helped prop up the market the past year or so, and one consequence is that the market relies on it now.

Today's action cleared out all the stops below for a while, but you'd expect some recovery phase in the coming days. But who knows - this is new territory.

Sunday, May 2, 2010

Trade Ideas for 05/03/10

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline
IMMU 3.66 3.50 -4.4% 3.46 N/A
SKF 17.33 18.17 +4.8% 16.92 N/A
SDS 29.09 29.87 +2.7% 28.77 N/A
QID 15.47 15.96 +3.2% 15.27 N/A
TWM 17.63 18.23 +3.4% 17.14 N/A
RGLD 49.33 51.18 +3.8% 47.78 N/A
ARAY 6.51 6.43 -1.2% 6.38 N/A
JAG 10.31 11.07 +7.3% 9.90 N/A


New Trade Ideas
Ticker Entry Exit A Exit C
MI (Marshall & Illsey) 9.56 8.99 N/A
GLNG (Golar LNG) 13.21 12.89 N/A
JTX (Jackson Hewitt) 1.83 1.66 N/A

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