Trade Recap - 7/29/2011

What an awesome day! There were way too many setups during the first couple hours of the day, I couldn't even keep up. I missed 2 great entries in VPRT, but finally got a small trade in later on. I will show all of these nice setups below. Some of the trades that weren't too great I will not post, but can be viewed in the video recap. Only made $483 today, but I missed 5-7 trades that I should have taken, but was either too slow, eating lunch while watching the charts, or just plain lazy. Could have easily been a $1k - $1.5k day...oh well.

Here's the video recap as well:
http://www.youtube.com/watch?v=0iqDJ8BJVVA

Long AKAM $23.97 with a stop at $23.83 Hit a high of $24.55 (.58/share) without ever hitting my stop. I did get stopped out of this trade after I raised my stop, but the original stop at $23.83 never got hit. Nice trade for someone who had more patience than I did.

Long NXPI $17.52 with a stop at $17.23 Hit a high of $20.00 ($2.48/share) without ever hitting my stop. This was a great trade. Triggered and never looked back. Perfect bullish 3 method candle formation. I also tweeted that I liked this one over $19, but didn't take it as I was at lunch. It made another run to new highs to $20.

Long NTGR $32.11 with a stop at $31.79 Hit a high of $33.51 ($1.40/share) without ever hitting my stop. I watched this one on 10s (something I've never done before) and it gave a nice clean setup as I waited for the entry. If you want to know how I find this kind of setup, join my chat! It's easy!

Long VPRT $29.44 with a stop at $29.20 Hit a high of $29.75 (.31/share) before hitting my stop. I missed 2 great setups on this one before I eventually jumped in here. The first 2 setups made a $1 and $1.50 run each time. $2.50 total.

Missed Trades (Not all are shown, just the biggest ones):

VPRT - Missed out on this one early in the morning, TWICE! Once at $27.50 break and $28.50 break. Such a perfect setup at $28.50 and made a $1.50 run to $30!

VRTX - I tweeted this one as it was setting up and even had a buy stop order in to catch the pop/break-out. It triggered, and I didn't get a single fill. Not even 100 shares! This was one of the biggest misses of the day. Triggered at $51.11 and hit a high of $52.60 (high of day). $1.49/share run!

ILMN - Another big miss early in the morning. I caught this one yesterday for a nice gain on the squeeze and thought it could continue into today which is why I kept it on my watch list. It made a nice early high at $60.91 around 9:55am and hit $60.90 again at 10:30am. I had an order to buy the break at $60.93ish, but eventually cancelled the order after something caught my attention. I look back 10-20 min later and this thing is taking off! Made a high at $63.19 (High of day) $2.26/share run! Well, at least it was a great week...

Video Recap of today's trades - 7/29/2011

I will post the details and chart images of each trade later tonight.

Here's the link for better/bigger quality:
http://www.youtube.com/watch?v=0iqDJ8BJVVA

Today's Tweets - 7/28/2011

I forgot to post these with the charts earlier, but here are the tweets that correspond to the trades that I made today. Be sure to follow me on Twitter to get real-time trade alerts! OR if you want them even quicker, join my chat room!

Listed in order that they were sent:

Watchlist for Tomorrow & Trade Recap - 7/28/2011

Very good day in the market today. Had some quick early gains in two trades, then 2 more bonus trades just after lunch time. Perfect way to wrap up the week. Just hope tomorrow is another good/decent day and it will be a perfect week.

You can view the video trade recap HERE! Does not include YOKU trade.

$686 gross gains today!

Tomorrow's Watchlist:
TQNT SQNS ILMN AKAM OSK TZOO IMAX VPRT
TS RCL ACOM NTGR VECO PCAR RVBD STEC

Long AKAM $24.58 with a stop at $24.17 Hit a high of $25.14 (.56/share) before hitting my stop. I liked the early high break as it gapped down after earnings  yesterday after-hours. I would have liked a bigger run just to make me feel good, but this move was enough to scalp some quick profits.

Long ILMN $59.03 with a stop at $58.90 Hit a high of $59.83 (.80/share) before hitting my stop. After coming down a bit, it continued to make new highs of the day and reached the $60 area I originally had hoped for. Meant to long it on  $60 break, but was pre-occupied in $TQNT waiting for it to hit my buy stop order. Eventually cancelled that one after I saw that I missed the nice .50/share run on ILMN on the $60 break.

Long SFLY $58.11 with a stop at $57.92 Hit a high of $58.37 (.26/share) before hitting my stop. Thought this would test highs, but it faded the rest of the day. I took my profits quickly. (No chart, wasn't anything special)


Long YOKU $37.52 with a stop at $37.37 Hit a high of $38.33 (.81/share) before hitting my stop. I saw this called on Twitter by @kunal00 and decided that the setup looked great and was something I would look for. So, I can't take all the credit for this call.

Video Recap:

Watchlist for Tomorrow and Trade Recap - 7/27/2011

The market grinded lower and lower today, but I was still able to squeeze out some profitable LONG trades. I cut my day short at around 12PM, but there were still other opportunities that I missed while I was away including a decent sell-off then bounce on ILMN around 2:30pm EST. Still, ended the day with just over $400 in gains. Let's hope for more buying tomorrow.

You can view the video recap of these trades here!

Watchlist for Tomorrow:
AKAM SFLY TRN TZOO ILMN
ALR CAVM RVBD DNKN PCAR

Long ILMN $59.91 with a stop at $59.63 Hit a high of $60.49 (.58/share) before hitting my stop. I was watching this in the AM on 15s because the entire market seemed to be steadily selling and it's very hard to find a long entry when the market is grinding lower at a steady pace. This allowed me to find a great entry for a decent gain.

Long JNPR $25.08 with a stop at $24.93 Hit a high of $25.44 (.36/share) before hitting my stop. This was my second entry. Since it was basically moving sideways for the majority of the morning, I used 30 min candles to get a better/more clear look at the stock. I saw a recent high of $25.07 and decided to buy the break in anticipation of it testing highs and potentially making a new high of day. I got what I wanted and scalped it for quick gains.

Long TRN $32.07 with a stop at $31.90 Hit a high of $32.53 (.46/share) before hitting my stop. Bought the break of $32.06. Had a tight stop a little under $32. Very low risk trade w/nice gain potential.

Verbal Call in Chat Room:
Long CAVM $33.61/.62 with a stop at $33.45 Hit a high of $34.38 (.77/share) and never hit the stop. I saw this trade a little too late and wasn't able to enter the trade, but a chat member was able to take advantage of the verbal call and got in for a nice scalp.

VIDEO Recap:

Trade Recap - July 26, 2011

Great day today! Market seemed a bit goofy at first, but things straightened out and a bunch of setups came around. A little over $800 in gains for the day. Follow me on Twitter!

There are a few trades I mentioned in the video that aren't posted below. This is because those trades were either break even trades, trades that didn't make a big move (but still profitable), or, in the case of SLAB, a small 4 penny loss. If you wish to see these trades, just view the video.

Again, here is the recap video if you don't feel like reading: Recap Video - July 26, 2011

Long BRCM $38.60 w/a stop at $38.20 Hit a high of $38.88 (.28/share) before hitting my stop. I liked the gap and early high it made. Bought it after a small pullback in the hopes of it breaking to new highs and Booming the rest of the day. Made a new high, but didn't quite take off like I hoped.

Long PCAR $45.40 w/a stop at $45.15. Hit a high of $46 (.60/share) before hitting my stop. I sold quick into the pops, but held a small position in the hopes of getting $1/share on it. Shoulda coulda sold it all for .50/share at $45.90, but greed got the best of me. Still a very profitable trade.

Short IDCC $73.98 w/a stop at $74.98 which was lowered to $74.15 just a few short minutes later. Hit a low of $72 ($1.98/share) before eventually hitting my stop near the end of the day. Scalped this one pretty quickly. Only had a small 300 share position.

Short MCP $63.98 w/a stop at $64.19 Hit a low of $63.61 (.37/share) before hitting my stop.

Long MCP $64.54 w/a stop at $64.20 which was quickly raised to break even after the first initial pop to $64.70s. Hit a high of $64.89 (.35/share) before hitting my stop.

Short MCP idea $64.11 w/a stop at $64.72. I wanted to short this SO bad, but since it was late in the day and I was up over my target...I stopped myself lol. Dropped as low as $63.56 about 30 minutes later.

Video Recap (Does not include MCP Long Trade):

Video Recap - 7/26/2011

Here are the trades so far for the day:

You can view the video in HD here.

Trade Recap & Stocks on Watch for Tomorrow - 7/25/2011

Today turned out to be a better day than I expected. Got a little slow after lunch, but not a bad day overall.

Stocks on Watch for Tomorrow:
IDCC TZOO SLAB HCA RVBD NFLX BRCM IMAX

I will post a detailed watchlist tomorrow morning during Pre-Market.

Scroll to the bottom for the video recap of today's trades for those of you, like me, who are too lazy to read OR watch it HERE.

Short IDCC $71.23 w/a stop at $71.42 Hit a low of $70.86 (.37/share) before hitting my stop. I shoulda coulda covered in the $70.90s when I was up $100-$150 on this trade. I got greedy and held on for mid-$70s. 5 seconds later I was stopped out for a loss of $95.

Long KSS $56.03 w/a stop at $55.93 Hit a high of $56.43 (.40/share) and didn't hit my stop until 5 minutes before the close. I got out of this trade for a 1 penny gain after getting impatient. It eventually grinded up to new highs later in the day. With more patience, this could have been a nice/profitable trade.

Long TZOO $61.36 w/a stop at $61.10 Hit a high of $62.39 ($1.03/share) before hitting my stop.

Long SLAB $35.43 w/a stop at $36.20 Hit a high of $37.47 ($1.04/share) before hitting my stop. This had a big gap down on earnings and nice sell off at open. I was waiting on a close above the 8 EMA, but saw a very nice low-risk entry on the 5 minute chart and decided to take advantage of it.

Long SLAB $37.25 w/a stop at $36.92 Hit a high of $37.47 (.22/share) before hitting my stop. I decided to re-enter the trade in the hopes that it would test highs and possibly break it. I was able to sell the majority of my position into the first pop and was stopped on flat on the last bit. I will definitely keep this on watch for tomorrow.

VIDEO:

Afternoon Trade Recap Video - 7/25/2011

Visit this link for a bigger/higher quality video: http://www.screenr.com/abSs

Trade Recap - 7/22/2011

Here are the trades & charts for today (All of my alerts/entries were sent real-time via Twitter:

Long RVBD $31.41 w/a stop at $31.31 Hit a high of $32.67 ($1.26/share) and never hit my stop. It opened today just under the $31.40 resistance level it held yesterday. I bought the break of that with a LOD stop.

Long TZOO $59.42 w/a stop at $58.88 Hit a high of $62.60 ($3.18/share) and never hit my stop. This thing gapped down $26+ (roughly 30%) yesterday without a single bounce. Gapped up a bit today and made an early high in the first 5 minutes at $59.40. I bought the break of that high anticipating shorts to cover and a short squeeze. I guessed right! Shoulda coulda shorted the crack of $61, but didn't have any shares available. I tweeted another entry at a break of $60, but didn't take the trade. From there it made new highs at $62.60.

Long IDCC $73.05 w/a stop at $72.55 Hit a high of $74 ($.95/share) before hitting my stop. I called this via twitter 2 additional times after this trade, but didn't take them. 2nd was on 15s at $72.09 and again at a $74 break. It then ran to $77.75 after these two calls which is a gain of $5.66/share from the 2nd tweet, and $3.75/share after the 3rd tweet.

PAY on 15s was another call/tweet I made, but didn't take the trade. I liked the entry on 15s at $41.01/.02 with a stop at $39.82. This thing ran to a high of $42.57 ($1.55/share) and never hit my the stop.

Also, here's the video recap:

Better quality video here: http://www.screenr.com/JpSs

 

Some very good trades and alerts today. I was done by 9:46:06 and spectated the rest of the day. Don't miss out, follow me on Twitter!

If you have any questions about why I took some of these trades or why I called them in the area that I did, please contact me via Skype (contact me page). I don't just give out my secret sauce for free!

Video Recap of today's trades - 7/22/2011

Had some early gains of about $640 all by 9:47AM. I will post the charts and traditional recap as I have been doing later today, but for now here is a quick video of all the trades that I took and some trade ideas that I tweeted. Don't forget to follow me on twitter @MonkeyMoguls for real-time trade alerts! Today was HOT!

For a bigger/better quality video, visit: http://www.screenr.com/JpSs

Watchlist & Upgrades/Downgrades - 7/22/2011

Here is the list so far. I will be adding to it throughout the day.

HON IDCC TZOO PLCM RVBD QCOM MHS SWKS APKT SNDK WDC GNW SABA

Upgrades & Downgrades:

Advanced Micro Devices, Inc. (NYSE: AMD) Raised to Market Perform at Wells Fargo; Raised to Buy at Canaccord Genuity.
American Express Co. (NYSE: AXP) Reiterated Buy and raised target to $65 at Argus.
AstraZeneca (NYSE: AZN) Cut to Neutral at BofA/ML.
Crown Castle Inc. (NYSE: CCI) Raised to Outperform as Bull of the Day at Zacks.
Dean Foods Company (NYSE: DF) Raised to Buy at BofA/ML.
Huntington Bancshares Inc. (NASDAQ: HBAN) Cut to Market Perform at FBR.
LM Ericsson Telephone Co. (NASDAQ: ERIC) Reiterated Buy with $19 target at Argus; Raised to Buy at S&P Equity Research.
Medco Health Solutions Inc. (NYSE: MHS) Cut to Hold at Argus.
Netflix, Inc. (NASDAQ: NFLX) Maintained Outperform with $280 target at Credit Suisse.
SanDisk Corporation (NASDAQ: SNDK) Maintained Sell at Zacks; Reiterated Buy at Gleacher.
Solazyme, Inc. (NASDAQ: SZYM) Started as Outperform at Baird.
Tellabs Inc. (NASDAQ: TLAB) Maintained Underperform as Bear of the Day at Zacks.
UnitedHealth Group (NYSE: UNH) Reiterated Buy as Value at Zacks.

Trade Recap - 7/21/2011

Had some big winners today including a $2.11/share run on Medco Solutions, Inc. (MHS) after my alert & tweet! It was my biggest single profit gainer of the day. Took in about $774 in total gains for the day. Here are the trades:

Listed in the order the trades were taken:

Long MHS $64.22 w/a stop at $63.89 Hit a high of $64.50 (.28/share) before hitting my stop. Gapped up about $10 today on earnings. I liked the sell off at open and the clean setup it gave on the 5 min chart. I thought it would move much higher than it did. I guess I was a bit early. I took a quick +.19/share gain on the trade.

Long RVBD $31.41 w/a stop at $31.25 Hit a high of $31.89 (.48/share) before hitting my stop. I liked this chart on 15s as it sold off from open and gave a nice hammer candle with clean entry. I based my stop loss on the 5 minute chart. It was the low of the candle before the trigger. I sold 1/2 at +.09/share, 1/3 +.20/share and last bit for +.30/share.

Long MHS $63.01 w/a stop at $62.66 Hit a high of $65.12 ($2.11/share) and never hit my stop. Again, I loved the gap up and sell off at open. I liked it on 5s at first, but it didn't bounce too much. After that first trade I had it on 15s watch and it gave a very clean setup & entry. Once it triggered, it never looked back.

I made 4 more trades, but aren't worth showing a chart for:
Long CY $20.83 & sold at $20.93 for a +.10/share gain.
Long FTNT $21.01 & sold at $21.10 for a .09/share gain.
Long PLCM $29.02 & sold at $29.03 for a .01/share gain.
Long RVBD $39.41 & sold 1/2 at $31.49 for .08/share gain and stopped out even on the rest.

Trade Recap - 7/20/2011

What a day. Had some nice trades including trades in Zillow, Inc. (Z). This thing was a monster! I stalked Riverbed Technology, Inc. (RVBD) after it got killer after-hours yesterday after releasing earnings. I expected some kind of selling and mid-day bounce, but didn't get it. I will keep it on watch tomorrow. Maybe a small gap up and nice long entry for a short squeeze. Here are the trades:

I had 2 morning trades on NTAP and FTNT. NTAP was long at $50.41 and sold 1/2 position at $50.48 for +.08/share gain and got stopped out even on the rest. FTNT I was long at $21.42 and got stopped out at $21.39 for a -.03/share loss. It was 1 penny from hitting my 1/2 sell order, which is why I raised my stop to $21.39 from $21.30. Not worth showing the chart for these though.

Long ARUN $35.58 w/a stop @ $35.40 Hit a high of $26.01 (.43/share) before hitting the stop. I liked this chart on 15s as it sold off steadily from open. It gave a nice doji on 15s with a clear, low-risk entry and stop. I missed it on 15s the 2nd time, but got a small scalp on it on 2s just before 3PM.

Long Z $34.57 w/a stop @ $34.13 Hit a high of $35.34 (.77/share) before hitting the stop. I was watching this chart on 2s and it set a nice base at $34.50 multiple times while giving higher lows. The entry and stop were clear and looked safe, so I entered. Sold it for a +.27/share gain.

Long Z $35.31 w/a stop @ $35.13 Hit a high of $40.00 ($4.69/share!) w/out ever hitting the stop. I was watching this on 2s again as it made higher lows and a decent base around $35.25/.27 and I knew it it broke this area, it would push through the previous high candle at $35.50. I didn't expect a run to $40, but that's always a bonus. I sold for a +.17/share gain.

Trade Recap - 7/19/2011

Decent day with just under $300 in total gains. I missed two very good trades which I will show along with the trades I did take. After missing the two others, I decided to stop for the day. After all, I was up nearly $300 by $10:16AM. :)

$3.99/share move after trade alert:

Long WBMD $33.34 w/a stop @ $33.13 Hit a high of $37.33 ($3.99/share!!!) w/out ever coming near my stop! This was just amazing today. I can't believe I was all out by $33.81 with only $152 in gains! I originally had my sell order on my last bit for $1/share, but I settled for .47/share at $33.81. Well, it was probably the trade of the year for me in terms of gain potential. All this with only a .21 stop loss. I will probably be talking about this trade for the remainder of the summer, lol.

I also missed a pullback on WBMD after the first run. It gave a clean pullback on 5s with a narrow doji-ish candle. I missed the $34.75 entry by 4 cents! By the time I had my buy/stop order ready to go, the price jumped to $34.79/.80. I really don't like to chase as it is one of my rules. If you miss the trigger price, you missed the trade. No need to chase it. In this case, it would have been ok, lol.

Long HOG $45.14 w/a stop @ $44.95 High a high of $45.58 (.44/share) before hitting my stop. I liked the look of this chart on 5s. It had a nearly $4 gap up today and an initial pop right at the open. Gave a clean pullback and narrow 5s entry. I also liked the support it had around the whole # $45 area. Didn't run all day, but gave enough pop in the first 5 min to take profits off the table. I sold 1/2 initially then another 1/3 to lock in $100+. Got stopped out even with my last bit.

The other miss was SCO on the pullback. It gapped down today and sold off a bit at open. It finally gave a close above the 8ema and a decent pullback. I wanted it long at $45.40 with a stop at $45.28 (only .12 risk), but I decided to pass on that trade. It ended up hitting a high of $46.075 (.675/share). Plenty of time to take profits on that trade.

This was a slow day and I still nailed the entry on a nearly $4/share move! Just wait until the market isn't taking crazy pills and we REALLY start making some moolah! Follow me on twitter or join my chatroom for real-time trade alerts and ideas.

Huge $2.46/share Move on Webmd Health Corp (WBMD) Trade Alert!

This morning trade setup was just perfect. WBMD gapped down about $10 on Monday and got killed right from the open. Never gave any kind of bounce and stayed flat for the majority of the day. It opened just a tad higher from close and set an early high. I decided to go long on the break of the early high in anticipation it would trigger a short squeeze and run. And it did...

Follow me on twitter for Real-Time trade alerts!

Trade Recap - 7/18/2011

Today was a slow and short day. I had to take care of a flat tire so I was out of the house a little after 12PM. Doesn't look like I missed much though. I took 2 trades in the first 2 hours of the day. 1 winner, 1 loser. Nothing to brag about...

Long WMBD $32.27 w/a stop @ $31.76 Hit a high of $32.71 (.44/share) immediately after my entry and a high of $33.50 ($1.23/share) w/out ever hitting my original stop. My $31.76 stop was quickly raised to $31.98 after I sold the first half of my position. I quickly sold the rest into the initial pop after my entry for a nice gain.

GHL - I never entered this trade, but was watching it on 15s during the morning as I had this on my morning watch list. I missed the 15s entry after stepping away from the computer to get ready to head out. 15s entry triggered around 12:15PM which was just before I was heading out my door. I'm so bummed that I missed this! I liked the narrow 15s that were setting up just before the small bounce. Made a $.54+/share move after the trigger before coming back down and making new lows. More than enough time to take away some nice profits. And all this happened w/in 20 minutes. I'll take a trade like that any day!

If you have any questions about my trading style & methods, please let me know! And be sure to follow me on twitter for real-time trade alerts.

Morning Watchlist - 7/18/2011

Here is my morning watchlist, so far. I will be adding things throughout the day. I have some things to take care of later in the day, so I will only be trading for the first few hours of the day.

GHL - Was killed on Friday, so I'm hoping to find some kind of bounce/squeeze on it today.

NWSA/NWS - Gapping down this morning. Will look at this for a potential long if the setup is right.

SNY - Another gap down this morning. Will watch this for long and the same setup as NWSA/NWS.

FLIR - Gapped down BIG on Friday and never gave much of a bounce. Will look to catch a squeeze and maybe fill a little of that gap.

WBMD - Down about $10 since Friday's close. Nice gap down and will watch this for a potential long play.

Be sure to follow me on twitter @MonkeyMoguls for live trade alerts! Good luck trading!

Trade Recap - 7/15/2011

Ended the day with $714 in total gains. Had about 6 trades in all, 5 winners, 1 loser! Not too shabby for such a slow and frustrating week. I found it very difficult to catch intraday bounces when the entire market just grinded down slowly most of the week. Well, it's late so I'll hurry and get to the point. Here are the trades:

Long JVA $20.06 w/a stop @ $19.74 Hit a high of $20.48 (.42/share) before coming back down $19.62. After that pullback, it continued to make new highs for most of the day to $21.73

Long MAR $34.52 w/a stop @ $34.40 I ended up getting stopped out with a $120 loss on this one. I didn't want to risk too much on this trade so I put a tight stop on it. A LOD stop would have held much better and I could have taken some profits on this trade. After stopping me out, it dropped to $34.32 and continued to make new highs of the day @ $34.94

Long QLIK $30.21 w/a stop @ $29.97 Hit a high of $31.89 (1.68/share!)This setup had a nice doji on 15s and looked good to me on 5s as well. I put my stop just under the whole # $30 as it showed a bit of support just 1/2 hour before. Turned out to be a good trade for quick profits and hit new highs of the day at $31.89. Shoulda coulda woulda held longer to squeeze more gains out of it. I re-entered one more time for $80, not really worth showing the chart for, lol.

Long GHL $47.51 w/a stop @ $47.41 Hit a high of $48.25 (.74/share) before falling back down to hit my stop. This setup I loved on both 5s and 15s. Put up a doji on both and had huge volume coming in at the time of the selling. I figured that would cause some quick short covering/profit taking and a good time to go long for a nice scalp. Took about $180 on this trade. +.11/share on first 1/2, +.20/share on 1/3, and +.54/share on the last bit. Showed some support at $47.50 level, so I went long there with a tight stop and sold quickly into the pops.

Long GHL $46.20 w/a stop @ $45.97 Hit a high of $46.77 (.57/share) and never hit my stop. I liked this setup on 5s after it produced a nice doji candle. I originally wanted it long over $45.82, but missed the entry. I decided to take it long using 15 min candles after it broke above $46 and $46.19. I put a tight stop just under $46 in anticipation that it would hold that whole # and we could get some late day covering/profit taking.