20090630 PM

DOW 8,447.00 -82.38
NASDAQ 1,835.04 -9.02
SP500 919.32 -7.91
GLD 91.18 -0.86
SLV 13.38 -0.28
PTM 14.21 -0.28

TRE 2.92 -0.06. Light volume. Went long.

MYGN 35.65 -0.51. Down big afterhours on earnings. Three days ago there was huge downside volume, so someone traded the news before it was public.

20090630 1356

DOW 8,410.50 -118.88
NASDAQ 1,826.85 -17.21
SP500 914.44 -12.79
Dollar down, metals down. Everything getting cheaper?

TRE 2.96 -.02. Went long at 2.96. Looking to make this a longer term hold.

DRYS 5.71 -0.23

GBG 1.36 -.08. On buy watch list.
SMN 19.10 +0.46. Volume light, though can move higher in opposition of indices.
SY 31 -1.53.

20090625 1239

DOW 8,438.76 +138.90
NASDAQ 1,820.84 +28.50
SP500 916.45 +15.51

DRYS 5.60 -0.09. Had strength in the morning and is now showing weakness. Started 1/2 position short at 5.6. If it tests 5.7s will look to put on the other 1/2 short.

RBY 3.20 +0.02
TZA 23.54 -1.31

20090624 PM

DOW 8,299.86 -23.05
NASDAQ 1,792.34 +27.42
SP500 900.94 +5.84
Indices went higher with lighter volume and gave up the gains in the afternoon. The inability to hold price indicates weakness. Overall don't want to be putting on longer term buys over the next few weeks.

GLD 91.45 +0.53
SLV 13.67 +0.05
PTM 14.11 -0.28

RBY 3.17 +0.10
TZA 24.86 -0.71. IWM could not hold price today.

BA 41.32 -2.55. Recent announcement about further delays of 787.
TRE 3.00 +0.07. Look to buy soon.

20090624 1432

DOW 8,320.41 -2.50
NASDAQ 1,794.04 +29.12
SP500 902.69 +7.59
Fed announcement of no change in rates; more consumer price declines; Fed will magically know to remove liquidity at proper time and rate as needed.

TZA 24.62 -0.95. Trend following went long for scalp at 24.56.

20090624 1231

DOW 8,381.33 +58.42
NASDAQ 1,801.65 +36.73
SP500 906.96 +11.86
Second day of Fed meetings, so anything can happen on Fed news.

RBY 3.24 +0.17. Intraday 52 week high. Closed 1/2 the overweight long position for average of .09 per share gain.
SLV 13.71 +0.09. Closed short position for .28 per share loss. This position was a hedge of the overweight RBY position and it has served the purpose so it is being closed.

GMO 2.34 +0.14. Gapped up. Appears to be stalling here.

20090623 PM

DOW 8,322.91 -16.10. Look for 8200 this week.
NASDAQ 1,764.92 -1.27
SP500 895.10 +2.06. Look for 875 this week.
Dollar weakness. Looking for another couple days of little movement.
GLD 90.92 +0.38
SLV 13.62 +0.08
PTM 14.39 +0.49

RBY 3.06 +0.03
SLV 13.62 +0.08

HMY 10.24 +0.07
XLE 47.03 +0.28
XLF 11.47 +0.13

20090622 PM

DOW 8,339.01 -200.72. Going to 8200.
NASDAQ 1,766.19 -61.28. Going another 100 points lower.
SP500 893.04 -28.19. Going to 875.
Indices opened down and went lower, consolidated, and sold lower into the close. Distribution of past month now has longs trapped. Do they hang on or do they remember pain from just a few months ago and sell out now?
Commodities much lower.
GLD 90.54 -1.36
SLV 13.54 -0.45
PTM 13.93 -0.80

RBY 3.03 -0.20
TZA 25.04 +2.49. Another scalp for .24 gain intraday.

FAZ 5.44 +0.73
XLF 11.34 -0.70. Looking for two more points lower.

CME 303.48 -24.08
XLE 46.75 -2.46
WLL 32.49 -4.02

20090622 0941

DOW 8,371.13 -168.60
NASDAQ 1,777.75 -49.72
SP500 899.15 -22.08. Below round number of 900.
Markets continue to push at lows of day.

SLV 13.59 -0.40. Sold short at 13.6. Gold looks to go lower and silver should track gold with more volatility.

20090622 0913

DOW 8,394.78 -144.95
NASDAQ 1,780.14 -47.33. Pushing into May 29 prices and gap is filled. It holds here or moves lower quickly.
SP500 901.12 -20.11
Look for the powers-that-be to have the markets hold here.

RBY 3.21 -0.02. Huge relative strength.
TZA 24.54 +1.99. Sold intradday scalp for for .11 per share gain.

20090622 0845

DOW 8,396.29 -143.44
NASDAQ 1,781.78 -45.69
SP500 901.50 -19.73
GLD 90.45 -1.45
SLV 13.66 -0.33
PTM 14.2701 -0.4599
XLE 47.34 -1.87
XLF 11.77 -0.27
Trailing stops took out many positions over the past couple weeks. Last week picked up RBY, which appears to be soon to be taken over.
Commodities and markets looking to give back gains. Oil in paticular can sell off sharply.

RBY 3.12 -0.11. Buying more on retracement this morning. The retracement this morning is more in sympathy with the general markets, and RBY looks to close higher for the day.
TZA 24.43 +1.88. Bought this morning in case there is waterfall selling.

20090605 Weekend

DOW 8,763.13 +12.89
NASDAQ 1,849.42 -0.60
SP500 940.09 -2.37
Precious metals down. Bonds down. Indices had a weak close considering the strong pre-open futures. Looking for a month-long pullback in the indices.
GLD 93.71 -2.52. Looks to pull back further.
SLV 15.01 -0.618 Looks to pull back further. Due to sharp moves up the past few weeks this could make a large price retracement.
PTM 15.65 -0.04

BGU 36.69 +0.10. Started small position at 37.23.
SYNM 2.58 +0. Sold at 2.55 for .05 per share gain.

AEZ 1.46 +0.16. Up 50% in a week. Watch for an entry after pullback.
GS 149.01 -0.46
NEM 44.84 -2.60. Downside volume.
NTES 37.94 +0.62
SMH 21.11 -0.50
XLE 52.11 -0.43. Day range 51.46 - 57.70.
XLF 12.32 -0.11
TIVO 10.65 -0.25
TRE 3.70 -0.07

20090605 1144

DOW 8,788.02 +37.78
NASDAQ 1,847.69 -2.33
SP500 943.50 +1.04
Indices opened higher and are now around unchanged. Metals lower.
Will be traveling the next few weeks, so reducing market exposure.

NTES 37.99 +0.67. Sold at 38 for 1.7 per share gain. While this can go higher, want to reduce exposure to market and raise cash.

20090604 PM

DOW 8,750.24 +74.96
NASDAQ 1,850.02 +24.10
SP500 942.46 +10.70
GLD 96.23 +1.82
SLV 15.63 +0.49
PTM 15.68 +0.84

NTES 37.32 +1.04
SYNM 2.58 +0.08

EEP 41.57 +0.81. 9.5% dividend.
GS 149.47 +7.32
SMH 21.61 +0.26. Appears to be topping.
TIVO 10.90 +0.20

20090604 1405

DOW 8,738.75 +63.47
NASDAQ 1,844.42 +18.50
SP500 941.19 +9.43

GLD 96.31 +1.90
SLV 15.66 +0.52
PTM 15.74 +0.90

NTES 37.06 +0.78. Closed 1/2 long at 39.9 for .6 per share gain to take some profits. Will hold other 1/2 as swing trade.
SYNM 2.58 +0.08. Looking for additional gains of .05 today.

SMH 21.53 +0.18
TIVO 10.80 +0.10

20090604 0932

DOW 8,682.68 +7.40
NASDAQ 1,831.47 +5.55
SP500 934.47 +2.71

NTES 36.34 +0.06. Long at 36.3 for day trade.

20090603 PM

DOW 8,675.28 -65.59
NASDAQ 1,825.92 -10.88
SP500 931.76 -12.98
Indices gapped down and closed lower with a little strength near the close. Metals down and energy down.
GLD 94.41 -1.95
SLV 15.14 -0.61
PTM 14.84 -0.44

SYNM 2.50 -0.05. Took another long position at 2.48, taking average purchase price to 2.5.

NTES 36.28 +0.46. Sold at 36.23 for .24 per share intraday gain. Relative strength. 52 week high and all-time high.
SMH 21.35 -0.13
TIVO 10.70 +3.72. 52 week high. Eight year high and into prices from 2001.

XLE 51.38 -2.05

20090603 1430

DOW 8,613.36 -127.51
NASDAQ 1,811.72 -25.08
SP500 925.80 -18.94

TIVO 10.65 +3.67. Sold at 10.5 for .28 per share gain.

20090603 1214

DOW 8,645.13 -95.74
NASDAQ 1,820.72 -16.08
SP500 929.93 -14.81
Watching the regional bank index.

NTES 36.01 +0.19 Long at 35.99
SLV 15.26 -0.48. Covered at 15.4 for intraday .10 per share gain. Reconsidered being short metals, as the metals are an area I want to be long.

SYNM 2.50 -0.05
TIVO 10.26 +3.28

GMO 2.56 -0.12
SMH 21.23 -0.25

KBW 27.40 -0.54
XLF 12.04 -0.12

20090603 1053

DOW 8,666.48 -74.39
NASDAQ 1,822.98 -13.82
SP500 932.75 -11.99

SMH 21.19 -0.29. Covered short at 21.2 for .41 per share overnight gain.
TIVO 10.25 +3.27. Started long position at 10.22 for scalp.

NTES 36.00 +0.18. Made 52 week high. Relative strength.

20090603 1004

DOW 8,655.41 -85.46
NASDAQ 1,817.92 -18.88
SP500 931.68 -13.06

GMO 2.54 -0.14. Closed long at 2.53 for .73 per share gain.
SLV 15.53 -0.22. Started short position at 15.5.

20090603 0955

DOW 8,653.42 -87.45
NASDAQ 1,820.76 -16.04
SP500 932.60 -12.14
Most stocks lower along with commodities. When a run for the exits to lock in recent gains gets going, the market can drop down. We seem to be nearing that point of selling to lock in recent gains.

AGQ 55.88 -1.17. Sold last long position at 55.88 for 8.38 per share gain.

20090603 0939

DOW 8,693.16 -47.71
NASDAQ 1,823.21 -13.59
SP500 936.80 -7.94

TIVO 9.67 +2.69. There was news last night after close that TIVO won a patent infringement suit against a large cable/satellite provider. After hours yesterday went long at 9.53. This morning sold the long at 10 for .47 per share gain to get out of this risky news & momentum play. Turned the trade around and went short at 9.71 and a tight stop closed the short at 9.81 for about .09 per share loss.

20090602 PM

DOW 8,740.87 +19.43
NASDAQ 1,836.80 +8.12
SP500 944.74 +1.87

GLD 96.36 +0.63. Price and volume indicating lower price.
SLV 15.75 +0.40
PTM 15.28 +0.50

GMO 2.68 +0.04
SMH 21.48 -0.69
SYNM 2.55 +0.14

HL 3.48 -0.22. Silver producer that did secondary offering. Potential buy to track silver move.
TRE 3.85 -0.17

VMW 32.00 -0.22. Setting up as a short.
XLF 12.16 -0.20. Watch if downside volume comes in tomorrow.

20090602 1553

DOW 8,743.01 +21.57
NASDAQ 1,835.10 +6.42
SP500 944.51 +1.64

GMO 2.69 +0.05. Sold at 2.67 & 2.68 for .10 per share intraday gain.

HL 3.49 -0.21. News of $60 million private placement. Into price level from last week, so price loss seems mild. Day range 3.26 - 3.89.
SLV 15.73 +0.38

20090602 1531

DOW 8,744.68 +23.24
NASDAQ 1,836.65 +7.97
SP500 944.99 +2.12

GMO 2.63 -0.01. Looks to close flat.
SYNM 2.59 +0.18. Made 52 week high. Staying long.
SMH 21.58 -0.59. Relative weakness. Went short at 21.61.

SLV 15.72 +0.37. Based for a few hours and looks to go higher into close.

20090602 1428

DOW 8,757.74 +36.30
NASDAQ 1,841.08 +12.40
SP500 946.93 +4.06
Indices spurt higher looking to test high of yesterday and this morning.

SYNM 2.53 +0.12. Bought at 2.52 for scalp. Longer term chart continues to move higher into high from one year ago. 52 week range 0.51 - 2.59.

UGA 32.73 +0.00. Brief spike to 32.95 then sold down.

20090602 1412

DOW 8,735.44 +14.00
NASDAQ 1,835.18 +6.50
SP500 944.37 +1.50
Today closed a silver and a gas position to take a step back from commodities.

UGA 32.72 -0.02. Sold at 32.72 for .18 per share gain on small overnight position.

SMH 21.60 -0.57

20090602 1258

DOW 8,732.81 +11.37
NASDAQ 1,833.18 +4.50
SP500 943.68 +0.81

AGQ 55.99 +1.63. Had a sell order that was taken in the first minute of trading. The next minute there was a gap higher. Prices in the first minute look unfavorable. Per share gain of .32 overnight.
GMO 2.56 -0.08. Bought at 2.57 for scalp.
FXP 12.53 +0.51

20090601 PM

DOW 8,721.44 +221.11
NASDAQ 1,828.68 +54.35
SP500 942.87 +23.73
Indices followed last two-minutes from Friday and gapped up, moved higher, and closed higher. After market closed a couple banks announced secondary stock offerings to raise money.
Bonds had big price loss again.
If indices open higher in the morning, look to get short.
GLD 95.73 -0.47
SLV 15.35 -0.12
PTM 14.78 +0.12

AGQ 54.36 -0.74. Took full long position at average price of 55.02. Looking to close this position in the morning.
GMO 2.64 +0.51
UGA 32.74 +0.57. UNITED STS GASOLINE FD LP UNITS

ABIO 5.13 -4.16
QID 32.29 -2.09. 52 week low.
SRS 17.94 -1.64. 52 week low.
TRE 4.02 +0.37. Almost filled the Barron's article gap from early April with decent volume.
XLF 12.36 +0.13. Relative weakness.

20090601 1314

DOW 8,704.07 +203.74
NASDAQ 1,822.98 +48.65
SP500 942.16 +23.02

AGQ 54.64 -0.46. Started 1/2 position at 55.05. Looking to buy other 1/2 position if price holds today.

20090601 1203

DOW 8,714.75 +214.42
NASDAQ 1,824.51 +50.18
SP500 943.42 +24.28
Indices gapped open (following the spike in the last couple minutes Friday) and moved higher and are holding the gains.
GLD 96.14 -0.06
SLV 15.43 -0.03
PTM 14.83 +0.17

UGA 32.52 +0.35. Started long position at 32.54. Tracks gasoline.

SMH 22 +0.90
GMO 2.44 +0.31