3:22 PM EST Update: lucky for you readers $38.20 hasn’t hit yet, unlucky for me (more so incompetence) I have been rightfully stopped out already for my 2% loss.
Posting quick here as while I was writing on the chart the stock broke $38 and triggered my buy order.
$38.05 buy point, 2% stop and look for [...]

Heading into last Friday any momentum trader that was betting the bull like myself was extensively grateful for using tight stop loss orders.
I was 100% vested on Friday and within three hours was 100% cash. After calculating the damage I realized my portfolio had bled just over 1% compared to the S&P 500’s 3%. In [...]

For those who like the dry-bulk commodities shipping trend, then you will like taking a look at the stock I have listed here today. These stocks are heavy momentum trades and know how to run when ready.
Today I have featured Dryships (DRYS), Genco Shipping (GNK), and Excel Maritime (EXM). Readers of this blog know we [...]

For those who took up my offer to buy some QID last Friday, you are now in a fantastic position. QID was up over 2% today, and you now can to take your 2% risk trade and turn it into a 0% risk trade.
Raise your stop losses from $36.75 to $37.55, and keep your target [...]

For the short term bear like myself I have a trade you may find interesting – I am making a small bet that the NASDAQ 100 is not going to make higher highs and surpass 2051. It instead will trend back down to 1960ish.
QID is currently trading at $37.42 which is the ultra short ETF [...]

Thanks for the emails readers – for those who played ANR with me today you just walked away with roughly 7% on your money if you sell at the current price around $79. Not bad for a single days work huh?
The correct entry point on ANR was with the break of $74, my stop limit [...]

Update 10:43 AM EST: ANR $74.10 buy point triggered. Placing my stop at $72.75. Look for a close above $74 and near session highs to affirm strength.
Real quick here before I head to bed I have a momentum play you may find of interest, Alpha Natural Resources (ANR). The stock is in my current favorite [...]

Alternative Energy Stocks are back and they continue to turn big profits for those who know how to play the trend. For me that meant buying L D K Solar (LDK) on Monday and selling it today for a $5.36 profit.
The first fact is that oil is continuing to climb, and as long as demand [...]