Monday, December 21, 2009

Dipping the toe in uncharted waters - $MJN

Looking to buy into MJN if it hits 43.11. Day order only.

Thursday, December 10, 2009

$XOP and $SBNY

Buy SBNY 12/10/09 @ 30.9882 -- Trying to catch this just below the SMA
20 + short ratio >8 + 31% short. Target 32 (will lock in with a
trailing stop @ 32), stop 30. Sold at 32.0547 on 12/21/09.
Buy XOP 12/10/09 @ 38.19 -- Trying to catch this just below the SMA 20
+ trying to catch a benefit from a possible upswing in oil and decline
of the dollar. Target 41.50, stop 37.00. Sold at 39.92 on 12/17/09 on trailing stop on LOD.

Wednesday, November 11, 2009

ISLE, NSANY, PFCB

NSANY @ 14.75 -- Exited @ 16.05 on 12/3
ISLE @ 9.145 -- Exited @ 8.725 on 11/18.
PFCB @ 31.7682 -- Exited @ 35.624 on 12/3

Tuesday, October 20, 2009

A short covering stock screener $FSLR $SYNA

My starting point screener for stocks to buy
  • Looking for stocks *just below* their 20-day SMA.
  • High (>20%) float short
  • Average volume over 100K
  • Change from open: up [eliminates a few of the stocks that are just breaking below the 20-day]
I noticed that BWLD [which didn't necessarily fit this criteria until a few days after purchase] broke hard to the upside with volume when the 20-day SMA was crossed. I also noticed that the short interest would take more than 10 days to cover.

My first purchase using the screener as a selection tool was FSLR @ 151.90. I'm also watching SYNA as a possible buy.

Tuesday, June 16, 2009

Back in $FTK @ 2.3978

Looks like a nice little dip.  Might add to position if there's more.

Monday, June 15, 2009

More housecleaning... $VLO and $CNO

Selling off more shares that I had no basis for buying in the first place.

Sold off $CNO for 2.242 (0.47/share loss)
Sold off $VLO for 17.15 (1.11/share loss)

Actually, in the case of $VLO, I noticed that the stocks from the S&P 500 performed very poorly with my trading strategy--so I will be sticking with Russell 2000 stocks only.

In $EXAC at 14.55

Also looking at $WNR, but no position.