Everyone is positioning

We've rallied hard to this point watch out for a bear trap. If we keep selling at this point the bulls are done for today. This is the pivotal point today.

SQM

This is another stock I've been watching for months it's already made a nice move but still it's technically strong. Actually this would make a good investment due to it's exposure to the lithium mining. I'm not jumping in here unless I see a good entry.

POT

Potash looks bullish here.

CHK

CHK if you want to play it safe get out now with a 20 cent loss however I will give my position just a bit more time. This stock has not taken off it's prolly best to move on.

XOM exit

Sold XOM I don't want to hold through earnings. Took a small profit.

Almost Never

I realize we've had a nice little rally here and the bears are waiting to slam it. I'm going out on a really thin limb here..............................But Never Short a Dull Market.

GLD

GLD in the 114.75 level looks like a short for small profits, however remember gold likes to gap around, it has a tendency to trap traders with small gaps.

Patience

Well at this point wait for the market to reveal it's next move, if you must trade keep position size small. Quick little whippy moves may keep traders with tight stops out of stock positions.

CHK

If CHK doesn't find some legs here it may see some more downside. Too many Bears. It tagged the underside of it's 50 ema and started selling off not a good sign.