Portfolio Day

The market pulled a lot of stocks up, so the limited time I had proved to be profitable.

• Sold my Friday position in $UIS for 8% gain. We may see more here and I may play again… just wanted the profits.
• Holding $CTIC with my finger on the exit button.
• $AXL – scalped for a quick 4% gain today.
• Picked up some $MENT – holding over night.
• Picked up some $FITB today at 6.95 – holding over night (my financial trade going into $GS earnings).  I may play more or run, depending on the news.

Tags: AXL, CTIC, FITB, MENT, UIS

Portfolio Update

Not much to say here since I’ve been away from the game lately.  I did do a little dabbling on Friday – scalped $AXL for 5% gain and picked up $CTIC for what I hope will be a swing trade long.  It is barely holding on, however, so I’ll have to keep a very close eye on it Monday.

Tags: AXL, CTIC

Portfolio Update (Week in Review)

Here is a quick summary of my trades (June 8 – 12):

Currently holding $BLDP and $CPBY.  Both flat right now.  The following trades were closed last week and as you can tell, life was good. The only losing trades were from OCNF and ACUS.

$AXL: 12.8% gain

$ICO: 2.3% gain

$ARNA: 8% gain

$CEGE: 6% gain

$URRE: 9.5% gain

$LJPC: 3.3% gain

$SOLR: 6% gain

$CAEI: 7% gain

$VRNM: 4% gain

$ACUS: 6% loss

$OCNF: 5% loss

Tags: ACUS, ARNA, AXL, CAEI, CEGE, ICO, LJPC, OCNF, SOLR, URRE

Portfolio Update

Today was definitely a good day for sitting in front of the computer and scalping.  The market offered numerous opportunities for those with great timing – unfortunately, I didn’t have a lot of time (damn that day job).

What happened in my wallet:

• I sold the second 1/2 of my position in AXL – this was a great trade pocketing me just under 13% in total.
• I scalped ICO for 2.3%.  Blah.. I know, not that exciting, but it all adds up.
• I scalped ARNA for 8% gain – left a lot on the table, but not bad considering how much time I spent away from the computer..
• I scalped CEGE for 6.5% gain.

What didn’t go so well:

• Still holding (what’s wrong me with) OCNF – currently down 4.5%
• Still holding ACUS – down 8%
• Still holding LJPC – flat

There is a good chance I will not hold these three by this time tomorrow.  ACUS caught me by surprise.  I was doing fine and then the bottom fell out in the early afternoon.

Overall, I can’t complain.  I pocketed great returns today… now I just need to be smart tomorrow with the 3 positions I’m sleeping with.

Tags: ACUS, ARNA, AXL, CEGE, ICO, LJPC, OCNF

Portfolio Update

• Sold BRKS for 12% profit.  Lovin it.
• Holding 1/2 of my original position in AXL after nice AM200 breakout on Friday.
• Holding OCNF – Kinda bored of it, but that’s often when it breaks out. We’ll see what happens Monday. Volume has died off, so I’m not too sure what to think of it.
• Holding ACUS. I’m up slightly, but I think the story will be told on Monday – needs to move through MA200.  I like my odds.
• Holding LJPC.  It is important that MA20 support holds, or I’m out.

Tags: ACUS, AXL, BRKS, LJPC, OCNF