|
ben_dover0802
shroom addict



Registered: 09/21/08
Posts: 648
Last seen: 7 years, 8 months
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ben_dover0802]
#16886202 - 09/21/12 11:36 AM (11 years, 4 months ago) |
|
|
Not I! I am really liking the look of Sprint right now. The whole sector is doing good and due to Sprints current price as a result of the companys "concerns" it can really go up in a hurry. This is a speculative stock as well but the risk/reward looks quite nice to me. I sadly missed much more than I should have on the previous run up from $3 to where it is now.
|
ben_dover0802
shroom addict



Registered: 09/21/08
Posts: 648
Last seen: 7 years, 8 months
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ben_dover0802]
#16886569 - 09/21/12 12:45 PM (11 years, 4 months ago) |
|
|
Sold 7/8ths of my KBH position @ $15.15, keeping the 1/8 to keep a close eye on it. Will reload on a pullback
One more trade edit: Decided to hedge a little bit of my longs with a short, MNST @54.49. This has very predictably fallen when it hits the 20 dma, which it is doing today.
Edited by ben_dover0802 (09/21/12 12:53 PM)
|
geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 5 hours, 17 minutes
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ben_dover0802]
#16886894 - 09/21/12 01:55 PM (11 years, 4 months ago) |
|
|
Pretty discouraging close we're getting here. Oh well, I finished my trading for the day long ago.
--------------------
-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
|
Cannashroom
Smoke two Joints



Registered: 10/25/07
Posts: 2,141
Loc: Everywhere
Last seen: 6 years, 9 months
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#16894007 - 09/22/12 07:40 PM (11 years, 4 months ago) |
|
|
Check out this stock: NADVF in the US or NAT on the TSX
They have a new patented fibre called crailar. It is made from flax or hemp, but because of their patented enzyme process it is much softer and more durable than normal linen or hemp making it almost identical to cotton for textile purposes. In its production however it uses 99% less water than cotton and much less chemicals as well. Overall a much better process for the earth.
I see really, really big potential for this company. I owned a shirt made by the company which was my favorite shirt, and I learned that they no longer make clothes and have put all efforts to crailar.
Crailar
They have just come out of the development stage. Recently went through a 220 000lbs test manufacturing run and 100 000lbs sent to target for a test retail run.
They have massive orders placed for the end of 2013 and just secured $10million in funding to expand the manufacturing facilities for this.
They are also planning for the move from the OTCBB to NASDAQ. I foresee a big future for this company in the sustainability push coming.
I also like the look of the chart a lot. Setting higher lows since last year, I think we could see a 100% run coming this year/next year and if all goes well in the production of the fiber and it gains a place in the market a 1000%+ gain is very possible over the next 5-10 years.
Check it out, I am starting to accumulate it now, it is in a nice quite period for that.
-------------------- "A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness. This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us. Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty. Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security." Albert Einstein
|
scatmanrav
Brainy Smurf


Registered: 05/08/04
Posts: 11,483
Loc:
Last seen: 11 years, 26 days
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Cannashroom]
#16894492 - 09/22/12 09:32 PM (11 years, 4 months ago) |
|
|
Just wanted to let people know if you havnt signed up for the free 30 trial of stockmarketmentor.com, you gotta do it now cause its going away. It already went off the main site. I emailed them and asked about it and was sent a link though so you can still sign up, but I dont know how much longer it will work:
https://www.stockmarketmentor.com/public/3411.cfm
Also the optionsmarketmentor.com 7.77 trial for the first month will only last a few weeks so if your interested in options I bet its well worth it. I'll be signing up for that too. Its gonna be like 120 bucks a month so get the 30 days cheap while you can if your interested, but definitely go for stock market mentor, I friggen love that site. Hours and hours of video on analysis. I dont even feel like I understand the market better because of my trading, but just looking at charts I'm really getting them now and really seeing where I made so many errors. Dan helps to discipline me. That sounds wrong...
Anyway..
My CAB and BIIB have been doing fine so I've just been riding those positions. I also shorted monster for my first short on friday. Close stop limit on it, looks like it'll drop though, hitting resistance and starting to roll back over.
Watching WFC, AA, and IPI on their pullbacks now, depending on Mondays action I may get in for the 2nd move up on the expansion.
My question is scans...what are the settings for your favorites? Scanning for volatility squeezes, or big moves in a sector or what, I dont really know how to put that into scan terms.
|
ben_dover0802
shroom addict



Registered: 09/21/08
Posts: 648
Last seen: 7 years, 8 months
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: scatmanrav]
#16895312 - 09/23/12 01:27 AM (11 years, 4 months ago) |
|
|
I made the same short on monster friday. To answer your question, I don't scan at all, but I do have like 90 stocks on my watch list from a wide variety of sectors, as well as etfs and short etfs. My general strategy is looking at the major indexes to see the risk/reward of the entire market going up or down. From there, I just look through a few charts from each sector I am interested in each day, whether I think I should go short or long. It doesn't take tooo long imo
|
Hotnuts
old hand



Registered: 02/26/05
Posts: 3,436
Loc: Wild Blue Yawnder
Last seen: 25 days, 12 hours
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ben_dover0802]
#16901348 - 09/24/12 09:21 AM (11 years, 4 months ago) |
|
|
Ben. When I was trading stocks and ETF's, that was how I went about it, too. Not even that many. I had about 40 securities, that I traded non-stop. And with stocks, ALL good companies.
|
geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 5 hours, 17 minutes
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#16902007 - 09/24/12 12:09 PM (11 years, 4 months ago) |
|
|
AAPL giving you an entry right here near its 20 day moving average. Down heavy on news that they have run out of supply on the iPhone with 5 million confirmed sales during its first weekend when analysts were looking for 6 - 8 million. However, the 5 million number does not include orders that have shipped to customers but have not yet been delivered/signed for, or paid pre-orders that haven't yet shipped, so in effect the 5 million phones sold is a conservative estimate by the company. Additional negative news includes a riot at a Chinese Foxconn plant this morning where the backplates for the phone are made, that has resulted in a temporary (expected 2 - 3 day) shut down of the facility. Though the present inability of supply to meet the enormous demand is concerning, it should be considered a "high quality" and temporary problem.
As such, I have sold more $660/650 October bull put spreads for $205 credit/contract. Though I am now heavily overweight AAPL via common stock, Jan 2013 $655 calls, and Oct $660/650 bull put spreads; I still have a large cash position and will continue to sell more bull put spreads (though likely moving down to the $650/640 spread) in the event of further weakness. Given the company's dominance, pending release of iPhone 5 in several European nations before the month is out, strong product cycle, low stock valuation and the technical aspects of the price action including the positioning of the lower bollinger band presently sitting just below $660, I still feel quite safe in these trades.
--------------------
-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
|
ben_dover0802
shroom addict



Registered: 09/21/08
Posts: 648
Last seen: 7 years, 8 months
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#16903742 - 09/24/12 05:08 PM (11 years, 4 months ago) |
|
|
I would feel safe in apple as well, looks like a good entry as you pointed out. I didn't do anything today but watch, it looks to me like there are many stocks at buying points so I am slightly expecting the market to rally tomorrow, even if only a little.
MHR (magnum hunter oil) looks like it is ready to bounce, with the moving averages all pointing upward. I would of added to this position if I didn't already have quite a bit.
EA (EA games) is also bouncing going up, I have a small position in this so may add tomorrow.
S (Sprint) looks like it continuing a squeeze upward. This is my largest current position and one that I am optimistic about owning.
MNST short looks good except the stock closed higher than it opened, signaling accumulation, but this probably doesn't mean anything, I didn't buy to cover today and am glad about it.
The last stock I feel is worth mentioning is SINA (Sina). It is consolidating for about a week now after quite the move up, but the moving averages are catching up and I think its ready to start going up again.
|
Bambi
Friendly Forrest Animal




Registered: 03/22/09
Posts: 1,668
Last seen: 6 months, 29 days
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ben_dover0802]
#16906996 - 09/25/12 08:22 AM (11 years, 4 months ago) |
|
|
Apple... just crazy. I still cant believe it has passed 700. Despite this pullback, the stock still looks strong. I expect good things until the years end.
Overall the S&P seems to be at a stand still after the break above 1,400, but still has a strong look going forward. Last week was a bit of a neutral week for myself. I believe that the majority of my stocks consolidated (some had ex-div) and have potential to push me back to a new all-time high.
AGNC and ARR both seem to push up ~.5-1% 4 out of 5 days which is more than anything i can ask for in a consistent stock.
HIL... I put probably more than i should have into this stock in the past 2 weeks, but as it squeezes upward it will be forced above the 200ma and have no where to go but up. Im just getting tired of teased with day highs of 4.32 and then pullbacks going into close Its gonna have to be pushed one way or the other (right?) and that day is getting all the closer 
Once I have more cash available, I'm looking towards LPHI (depending on their current lawsuit which may push it up and up or to 0), SLV, and some natural gas stock(that i havnt found yet)since natural gas cant get too much cheaper.
Good Luck Yall
--------------------
"I want to read, talk with my friends via the computer, and enjoy my life now that people know I'm not dead. " -Rom Houben
|
geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 5 hours, 17 minutes
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Bambi]
#16908408 - 09/25/12 01:09 PM (11 years, 4 months ago) |
|
|
Better entry in AAPL right here around $676. Ouchies for me though, considering I was adding to my position at $700. 
Market really soured this afternoon. I would strongly caution against buying aggressively when the weakness is this broad.
Probable downside target/strong support seems to be around 1425 on the S&P.
--------------------
-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
|
ben_dover0802
shroom addict



Registered: 09/21/08
Posts: 648
Last seen: 7 years, 8 months
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#16910365 - 09/25/12 06:30 PM (11 years, 4 months ago) |
|
|
I got caught probably more long than I should have as well. Didn't get crushed though...I agree with your support thesis and think there is more risk of being out of the market and missing a rally at this point than being in the market and catching more downside.
|
geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 5 hours, 17 minutes
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ben_dover0802]
#16910431 - 09/25/12 06:39 PM (11 years, 4 months ago) |
|
|
Heh, I got pretty darn crushed. Either my biggest, or second biggest losing day of all time on an absolute dollar basis, but not on a percentage basis. While I agree that in the intermediate term, there is a greater risk of being out than in, in the short term, I would not be surprised to see us continue falling tomorrow. The news out of Spain is bleak, and we saw how much Greece shook us up on similar stories. Well Spain is a whole lot more important than Greece, and given that we closed on our lows with increasing downside volume throughout the day is a discouraging sign. I took a few stop losses today, but stubbornly held all of my AAPL. I'm not sure that was the correct move. If AAPL breaks below $673, I will be covering at least half of my short puts and letting the long puts of my spreads relieve some of the negative pressure. I watched the damn stock break $685 today on a volume spike and moronically just sat there doing nothing. WTF man, I wasn't thinking!
But enough lamenting the shoulda woulda coulda's... time to clear my head and prepare for a new day.
|
scatmanrav
Brainy Smurf


Registered: 05/08/04
Posts: 11,483
Loc:
Last seen: 11 years, 26 days
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#16911483 - 09/25/12 09:24 PM (11 years, 4 months ago) |
|
|
Well I guess I dont feel to bad then that I didnt do very well today. I was stopped out of BIIB yesterday for a profit over the last few weeks and put that money into my other stock CAB on it pulling back. That made my loss bigger on that, shoulda just kept it in cash. MNST went down but not as much as I had hoped, but I'm still in the money on that short so holding it as long as its in the bottom bolinger band. That helped to counter what CAB lost.
But I took my first toedip into options today and bought some calls on WFC early on in the day when things still looked green and the bounce looked good. Strike price of $36 Oct. Lost money on those late in the day but I only put a few hundred in just to see how it all works. I think that they will go back up anyway, still time on those. It doesnt look like it will go lower from here, theres alot of support, if it does move lower through it I will think about selling them.
Just signed up for optionsmarketmentor.com for the 7 months. Geokills, if you did the same and signed up for the 7 or 14 months (not the Monthly payment) with the SMM discount, and you email them (Karen) you can get the 7th month free at stock market mentor too (or 13th and 14 if you choose the annual membership) to match the option market mentor free months. That sounds confusing when I read it back, but maybe you got it.
|
geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 5 hours, 17 minutes
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: scatmanrav]
#16913412 - 09/26/12 07:43 AM (11 years, 4 months ago) |
|
|
I've been on SMM for years already, and OMM as a beta tester for a little over a year as well. Thus, I'm already grandfathered in at a lower average monthly rate (~$60/mo).
Still, not low enough to stem the bleeding from my AAPL losses this week. Yikes!
--------------------
-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
|
geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 5 hours, 17 minutes
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#16914059 - 09/26/12 10:54 AM (11 years, 4 months ago) |
|
|
Found this interesting...

The Shadow Trader "Money Flow" indicator compiles data on a tick by tick basis, to determine whether money is flowing in (an up-tick or higher execution price than the prior executed trade) or out (a down-tick or lower execution price than the prior executed trade) in the aggregate market. As you can see, despite the run up in the S&P, by and large orders have been consistently executed on a down-tick, which exhibits an underlying weakness to the market that should raise caution. On the other hand, it could be considered to be nearing an extreme level, which could indicate an impending bounce. You can't really know, and therefore I'm not sure how useful this indicator even is... but I do think it is interesting to note that order executions on an intraday basis seem to be slamming the bid with much more consistency than the offer, even as the overall market rises.
--------------------
-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
|
scatmanrav
Brainy Smurf


Registered: 05/08/04
Posts: 11,483
Loc:
Last seen: 11 years, 26 days
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#16914615 - 09/26/12 01:33 PM (11 years, 4 months ago) |
|
|
Yeah I'm glad I havnt really had the money to get into apple. CAB didnt do so hot the last few days though and I got stopped out early today, still overall a profit though. After hearing about the "3 day rule" and looking at it touching the 20 DMA I wish I hadnt sold today, but live and learn.
Jumped in to XME Oct $44 calls at 1.05 Again very small amount. Theyre down a little right now, realizing I should have bought Sept calls. So just holding that, my WFC calls and my MNST short which is still making money at least. Mostly cash though for now.
|
geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 5 hours, 17 minutes
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: scatmanrav]
#16914774 - 09/26/12 01:59 PM (11 years, 4 months ago) |
|
|
I got some XME March 2013 $47 calls this morning that are up 20% on the day, but this is really more of a longer term placeholder position for the metals inflation trade rather than a quick flipper, hence why I went all the way out to March. AAPL, my problem child, boy howdy is it battling it out here right above my October $660/650 spread, which by its nature is a shorter term play. I didn't go bigger than I can handle, but I am bigger than usual, and as such these last two days have not been pretty.
Another fairly discouraging close in the books for the aggregate market as well... although the S&P futures did tag 1424 right before the close, which is a pretty decent level of support. Now to see if it can hold...
--------------------
-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
|
Bambi
Friendly Forrest Animal




Registered: 03/22/09
Posts: 1,668
Last seen: 6 months, 29 days
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#16915394 - 09/26/12 03:59 PM (11 years, 4 months ago) |
|
|
Today when i got back to my computer after close i was strolling through my watch list and noticed a stock i had been thinking about buying since right before its 52 week low in august... I knew that it had a court date coming up this week, but dont have any money to put into it. LPHI won their court case and closed up 150%... Im just amazed to see a stock up that much, granted it was close to a dollar, but nonetheless. thats a fucking great single day gain. Ill be curious if they can pay their 27% dividend.
--------------------
"I want to read, talk with my friends via the computer, and enjoy my life now that people know I'm not dead. " -Rom Houben
|
geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 5 hours, 17 minutes
|
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#16919518 - 09/27/12 09:12 AM (11 years, 4 months ago) |
|
|
Sold a small lot of Oct $640/630 bull call spreads on AAPL this morning. The stock held the $660 level (where most of my spreads are) this morning, and while I'm not enthusiastic about the aggregate market, we came very close to hitting a key 23.6% fibonacci retracement level on the S&P yesterday (from the 6/4 low to the 9/14 high), and are seeing a bit of a bounce today. The 23.6% high to low retracement is a "key level", only for the reason that major index traders pay close attention to those numbers, and it therefore becomes a self-fulfilling prophecy. If that level (1424-1425) fails, I will markedly pare back my exposure.
--------------------
-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
|
|