stocks to watch

NTAP any close above 28.70 should be considered a buy signal.
MPEL any close above 14.30, buy.


AMGN looks strong in the premarket today.

market

The market might stay under pressure today due to the jobs number, with layoffs increasing in the financial and mortgage industry's. Pick your spots and trade stocks that are moving.

This has been a low volume bounce the last few days, keep position size small, except for daytrading.

I will not have much time for trading this week except in the first hour or two of trading.

Basic review

Buying strength or selling weakness has not been working, the best trades are those that you might stick with for a week or so. Most likely we will be in some sort of trading range for the foreseeable future, watch for more downside in the financials. Keep position size small and look for quick trades.

Shake

This should shake things up, start to look for key support and resistance levels on your favorite stocks, we should be able to bang out some quick trades.

If only

If only I had done the exact opposite, of what I have actually done, I'd be in good shape.

Quick review

It felt like the bulls were trying to prove something during the final hour of trading. I believe if they don't gain some serious traction at the open tomorrow we might see a bit more downside.

Trading

I'm not trading well in this market environment, I think I will lay low for a while.

Set stops on all positions.

internet

Just got my internet access back up ( computer breakdown on Monday about 2:30pm)


TRMP, if it doesn't bounce around 15.10 you might want to exit.

MPEL

MPEL hold unless it starts a waterfall type selloff.

AMZN

AMZN short Set stop above 69.00, or place it where it won't create any pain if it should reverse to the upside.

unreal

It's unreal how many times my stops act as a magnet price.

unreal

Ir's unreal how many times my stops act as a magnet price.

Strength

Still a lot of strength here.

AAPL

If Apple trades below 119.30 again set buy to cover stop order @ 119.90.

Set buy to cover orders ( profit) at lower than 118.50 levels

Or just take profits when your happy with the trade.

Market

The bulls hit the opening dip with a ferver, lets see what happens. Don't let anything get too far away unless you plan to scale in.

Review

AAPL, Short, I'll cover this one on most any move over 122.75, the key word is "most" it really depends on how it moves, on its way to 122.75 .

AMZN, Short, don't let this one get too far away on the upside, I'm looking to cover around 67.00

MPEL, good to go higher

PDS, nearly hit my stop today. I may add to this one depending on how it acts going forward.

TRMP, stuck in a holding pattern, its waiting for more news.

AAPL

Apple showing positive momentum, uh oh.

Playing

Playing most of my trades with small positions here, yes shorting is dangerous in this environment. Don't let anything create too much pain for your account.

AAPL

High risk trade short AAPL above $121.00, maybe good for 2 to 4 dollars.

overdue

We are overdue for a big correction, tighten all stops