Short term trades in the stock market •$$$$$•

[growbig789]

interesting day tdy! rates go up and stocks go up... S&P 500 regains 50 day, but lacking volume. Also saw them talking about the russell 1000 back at highs and small caps outperforming?

Financials have been working for me... the regional banks, and life insurance in particular. Still easy to make a case against it but after a day like tdy it seems like the stock market is getting more comfortable with rising rates?

 

[NorC@liGrower]

In a way though, fundamentals and technicals are seperate

Yes. A stock is different than it's company. Some times a stock reaches terminal value well before the fundamentals justified that price.

[FONT=Arial, Helvetica, sans-serif]I still think there will be a rush to certain commodities. All this stuff in the middle east will cause political consequences and drive oil prices up. I'm going to take a peek at that chart.

The fed is going to have to stop printing at some point or the paper will be too expensive to print on[/FONT]

Thinking has caused me a lot of problems. More often than not problems show up in charts before they actually happen.

 

[yesum]

Still long here and I guess rewarded as today went up over a percent. Have not really followed day to day as it wears me out.

Any thoughts from anyone where we go short term? I play long or short week by week. Already thinking of next week.

 

[Phillthy]

$BRND $NTEK $PLUG

 

[yesum]

Any more on these stocks or when to buy them? ^^ 1 any better than the rest?

 

[Stonefree69]

Still long here and I guess rewarded as today went up over a percent. Have not really followed day to day as it wears me out.

Any thoughts from anyone where we go short term? I play long or short week by week. Already thinking of next week.

Well I've been right so far, buying the dips. Nice dips and rebounds too! The long term trend still has life it seems. You could also listen to Bernake but depending on what day it was not sure to be a bull or a bear.

 

[Phillthy]

$BRND announced Dennis Rodman's new vodka. goes on sale the 27th in cali. stock jumped 300% today.

$NTEK announces big news on monday.

$PLUG is working it's way up to a dollar so it can stay on nasdaq. posted good news today.

 

[HenDokuYaku]

Yes. A stock is different than it's company. Some times a stock reaches terminal value well before the fundamentals justified that price.

Thinking has caused me a lot of problems. More often than not problems show up in charts before they actually happen.

Agreed. Look at what Bernanke did yet again. The S&P is in a breakthrough thanks to his diversionary "tactics". They're going to keep printing and printing cash. I know we are in a technical breakout, but at some point he has to stop printing money and then what?

COMMODITIES

I do admit, that we are in a technical breakout and until there is something to change the chart, I don't see a correction any time soon here, but wtf do I know. I haven't seen anyone be able to consistently predict market moves.

All I can say is that Wall St. is in love with Govt paper.

 

[SpasticGramps]

You have half the Fed saying that they need to stop printing this year because they are afraid of the speculative bubble they are creating and you have Bernanke reenforcing the Bernanke Put the other day at his press conference saying that if the market goes down to fast he will "push against it."

The forward guidance couldn't be more confusing to the market and the more these bumbling commie bankers talk out of both sides in an attempt to jawbone the market up or down to their liking the more credibility they lose.

In the end the Fed will never stop printing. They can't. Bernanke knows it and the sell off in the bond market at even the hint of tapering scared him.

He's in an impossible catch 22 lose lose situation and in the end he will print until the markets lose confidence in him. Same thing with the BOJ, ECB, SNB, etc etc. All in the same boat and nothing they can do about it. They already went all in a long time ago.

Fundamentals don't matter and in the end technical don't really matter. All that matters is what side of the bed Bernanke gets up on in the morning. This market is all about trading the massive specualtive bubble that the central banks have created nothing more nothing less.

BTFD until it pops and you'll be smiling.

That's why I keep saying Buy The Fucking Dip until you think we've reached that point

 

[NorC@liGrower]

I do admit, that we are in a technical breakout and until there is something to change the chart, I don't see a correction any time soon here, but wtf do I know. I haven't seen anyone be able to consistently predict market moves.

Don't know if that was specifically about commodities or the market in general. Regardless if for commodities I believe this about the general market. I really did think the market would pull back more in the recent correction and guess not. It appears the uptrend will continue until something changes.

It does seem like Fed members are giving mixed messages. Gramps I'm just not a zealot one way or the other like you seem to be. I used to be and seemed like it blinded me to trade opportunities and when I stuck to my guns lost money. I'm not disagreeing with what will eventually happen. I just focus on what the market is giving me at that time and attempt to put my beliefs or feelings to the side so my judgement is not clouded.

I haven't been active trading lately so hopefully in a few weeks I can start throwing up some trades/recommendations for people to consider along with some charts. Buy at your own risk! LOL. They'll only be option trades yet you can look at the underlying security as a possible play to go short or long. Usually I'm only looking for like 1-5 days to be in anything.

 

[NorC@liGrower]

I'm liking SOHU AMBA SLCA for short term trades in that order. Who knows what's gonna happen. Just watch the option prices if those stocks move. 2 out of 3 'should' be multi baggers. Yeah but which direction though lol. I'm bullish on those 3 through this week. Will wake up and make at least one trade on those 3 for July options expiration.

I asked my account to get deleted so won't be here long.

 

[MassSuperSkunk]

This may sound crazy to you guys but I'm taking my chances with FNMA. I got in at $1.05 and I'm either going to ride it to 50+ or I will ride it to 0. The risk to reward is just too crazy here and they are making billions of dollars in revenue and paying off their debt to the treasury from the bailout. The catch to this stock is that the government changed the terms of the way that they pay back their debt. Right now they are basically paying the treasury a dividend but the 5th amendment states that is not right. In the end, I believe that all the payments that they made to the treasury will be counted as paying off their debt and they will be released from conservership. There are lawsuits coming into play as we speak. We will see what happens with FNMA in the future. I don't invest money that I can't lose.

 

[SpasticGramps]

Detroit files for largest US municipal bankruptcy ever as S&P closes at historic highs.

49 states left to go before DOW 36,000. Woot Woot. Make it rain Bernanke!

America in a nutshell.

 

[yesum]

This may sound crazy to you guys but I'm taking my chances with FNMA. I got in at $1.05 and I'm either going to ride it to 50+ or I will ride it to 0. The risk to reward is just too crazy here and they are making billions of dollars in revenue and paying off their debt to the treasury from the bailout. The catch to this stock is that the government changed the terms of the way that they pay back their debt. Right now they are basically paying the treasury a dividend but the 5th amendment states that is not right. In the end, I believe that all the payments that they made to the treasury will be counted as paying off their debt and they will be released from conservership. There are lawsuits coming into play as we speak. We will see what happens with FNMA in the future. I don't invest money that I can't lose.

What is this FNMA you speak of? Nevermind looked it up. Fannie May, now that is something to ponder considering how it collapsed. What goes down must go up?

About gramps and the meltdown of US. This has been a ponzi scheme since day one. There is nothing new going on here. Everything ends.

San Bernardino near to me has bankrupted itself. Only thing it produces are government slugs, excuse me workers and the welfare types that suck the system dry they serve. They do not serve me for sure.

There are a shitload of cities here in socal that are gonna go under. Same is true in other states.

 

[Hydrosun]

Ponzi schemes are not new, but they ALWAYS follow the same pattern, and again this one is not NEW.....

So what do you think happens to a long in the tooth ponzi scheme????

 

[Snype]

Back to the old thread! OK. Personally I'm a short term trade guy. I got my stocks like FNMA that I like to take long term gambles on. The risk to reward is crazy. Anyone who likes a lot of risk should check it out.

Then there's my easy money long term ETF. Short every pop as fast as you can. The name? UVXY. Brokers like etrade won't let you short it. Interactive brokers lets you short it. It's easy money in the long term.

On the other side, when there's some really bad news like the boston marathon thing. I bought UVXY within 5 minutes after the bom going off. When you buy UVXY on the long side, you don't hold for more than 1 day. I wouldn't even hold it over night. Just sell it right after the news peaks.

There's a stock called CBMX. Keep it on your watch list and watch it every morning. The minute you see high volume trading to the upside press that buy button fast. The stock will begin between $3 to $3.35 ish and run up to $4.50 or even more then crash back down to 3 within the next 2 days. It's an easy day trade for up to 50%. You don't want to hold it over night at all.

Another 2 ETF's for short term bets that I like are DGAZ and UGAZ. Easy money in the short term. Play the cycles. Big money wants Natural Gas to go up. It's too risky to play it on the downside by using DGAZ at these levels. UGAZ is much easier to go to bed with. Every Thursday at 10:30 is when the inventory reports come out for Natural Gas. Easy money to make there 75% of the time.

Easy day trades on NUGT. Not something I would hold for more than a few days. Watch pre market when it plummets and it's an easy 5%-10% day trade.

Can't think about anything else at the moment.

 

[Hydrosun]

Shorting levered ETFs is a winning no brainer. All levered ETFs have a wandering drift downward because of their expense structure. So short away on the double longs or double shorts and you'll clean up. And yes some brokerage houses will not allow you to short them because they themselves short 100% of the available stock to borrow (from their own customers).

 

[Snype]

When the crash comes, TZA is the play. Pay attention to the feds pomo schedule and compare it to the past. When you hear pomo is being significantly reduced, ride TZA and watch the market crash.

As regards to CBMX, when you see over 500,000 shares trade before 11am to the upside, hit that buy button as fast as you can. Don't place market orders here or you could get burned. Limit orders only and make sure to sell within a few hours for 25%+ in one day.

Pay attention if Scheer is going to dilute CERP next month. If he dilutes he will go to a full 2 billion. Stay far away from that. If no dilution occurs then it stays at 500 million shares. The plastic ban in Italy is here but the fines aren't here yet because of the United Kingdom. When the fines kick in CERP will be a 10 bagger as long as there's no more dilution. Orders are coming in but it's not as big as 2011. 2012 was horrible orders. Scheer is a crazy pumper though but CERP is a good buy out contender if they can hold on to the last of their cash. They have a lot of patents. Scheer is actually a really smart guy but just a really poor business man. Marketing isn't his strong suit.

Easy money on NUGT today. I love that ETF and use it often.

I'd rather short TSLA at these levels than to go long.

I got a short on AFFY from 1.90 and I won't cover until it hits a new 52 weeks low. Yeah i'm up close to 50% but I'm greedy and that stock is a baccarat table to me.

I've been staying away from CBIS and MJNA. I don't trust it anymore but it was profitable.

I bought BBRY in October for 8.25 and rode it to 16.40. I was positive that it was going to 30+. Once I saw the commercial, I shorted at 15 and covered at 13. Now I wouldn't touch it.

I also like being short on NFLX at these levels.

Been in DRYS for a while now. Fucking George is the worst. I'm still waiting for the pop but it's probably going nowhere.

Oh yeah, and I'm still going to ride FNMA to 0 or 50+. Earnings are close and they should report over 7 billion. If they don't get release out of conservership I will be amazed.

 

[OptionDork]

UVXY, and other leveraged ETF's, can be very rewarding yet don't trade them often. I'd rather go with something like VXX. I'm just focusing on options now and will do my best to post trades, entries and exits. You have to be a bit crazy to be an option trader.

Far as the thread title what's better than options with time decay, expirations and volatility thrown in for good measure? One minute you're down 50% the next up 200%. Better than Vegas!

BUY AT YOUR OWN RISK!

Entries today:
SLCA August 25 calls @ .60
AMBA August 20 calls @ .60
SNDK next weeks 62.50 calls @ .84
DDD next weeks calls...and get this...
48's @ .75
49's @ .40
50's @ .25

Was late on SLCA and SNDK and wish I built a bigger position on SNDK for next week. It should rock. System problems when placing orders for DDD when it turned and not really happy with some of those prices especially the 50's.

Mainly I look for positions to give me a 100 to 300% return and don't go for the crazy stuff.

I had HLF weekly 52.50 calls and chickened out early this week and sold for .70 and they hit at least 3.60 today...D'oh! AMBA 18 calls went up 500+% on Wednesday. I got a 100% and 200% return on some CTRP calls, different strikes, on Thursday then lost 100% on my OPEN 70 calls which expired worthless today. Tough to look at your screen and see...-100% gain

Looking to go bigger on DDD and we'll see what Monday brings. ANYTHING can happen and may get totally wiped out on my positions lol.

Others on my list are SODA WWWW TRIP DANG AWAY CTRP SOHU and PETM as primary candidates for more positions.

Great thing about options is one good trade makes up for a lot of misses.

 

[OptionDork]

PETM could make a good sustained move, like I think AWAY will, coming out of it's current base that goes back to August of 2011. The August 75's @ .30 x .40 might work out well. Who knows. One mentor I worked with, who went on to start his own hedge fund, taught me to trade In The Money options a few months out to give them some time to work and I'm now focused on Out of The Money options or those Near the Money. ITM can be great cause basically like trading the underlying security with a little premium so you're paying a fraction of what it would cost to own the underlying security then add in a lease fee.

Options are fun!