1/5 Portfolio Update

Great day in the portfolio.  I didn’t make any purchases, but I did exit a few positions for great returns.

• Sold SONS for 10% gain. Broke out of triangle today, but now testing recent highs. Taking profits here.
• Sold KERX for 7% gain.
• Holding MCZ – had a great day and looking for more tomorrow.
• Holding SYNM – just can’t get myself to sell it.
• Holding DYAX – bought it yesterday – I’m down $.03.

Tags: DYAX, KERX, MCZ, SONS, SYNM

1/4 Portfolio Update

Market was up, so it wasn’t exactly rocket science to find numerous profitable trades. Problem for me was time – I was too busy to participate as much as I would have liked to. Oh, well.  Still did well today.

• Sold SOMX for 8% gain.
• Scalped HYTM on pennant breakout for 12% gain.
• Still holding SONS and looking for more upside. Nice volume today.
• Holding MCZ – I like the tight bollinger bands – would like to see breakout soon.
• Holding SYNM, but thinking about scaling out a bit this week. Nice gains.
• Holding KERX, but not all that excited.

Tags: HYTM, KERX, MCZ, SOMX, SONS, SYNM

12/31 Portfolio Update

Lots of selling today as traders cleaned out their crappy trades and cashed in their profits. I can’t say that I played my trades very well today – partly because I was away from my computer for most of the day.  Take KERX, for example.  I should have taken a little off the table this morning.  Instead, I’m holding full position headed into Monday only up .02 / share.

Sold second 1/2 of DARA at .50 this morning for a nice gain. Double digit % – hell yeah.

Still holding SYNM (nice day today), SOMX (didn’t do much, but still looks good for more upside – I’ll be careful here Monday), MCZ (I’m losing interest.. need to be careful with my small position here), SONS (still consolidating triangle – holding while it holds pattern).

Tags: DARA, KERX, MCZ, SOMX, SONS, SYNM

12/30 Portfolio Update

• Went long KERX today on nice bounce off MA50.  Volume looks good and many of the technicals turned bullish.
• Went long DARA on opening bollinger bands (.42 entry).  I love the volume and overall strength of today’s move.  I sold 1/2, but still hanging around to see what happens next.
• Went long SOMX at1.04 today. Looking for volume continuation tomorrow.  MACD bullish crossover likely tomorrow.
• Still holding SONS, SYNM and MCZ. We’ll see how they play out. SONS appears to be setting up for a move.

Tags: DARA, KERX, MCZ, SOMX, SONS, SYNM

Kaboomin Week. Ridiculous.

Man, oh, man things have worked out wonderfully on the Watch List this week. Hope you had an opportunity to get involved.. more added soon.
Watch List Update:

VVTV up 8% since add

XOMA – blah – nothing happening here yet.

VTG – Got the MA50 breakout today – up 10% since add.

CHINA – this was an early week flyer – up over 20%

SONS – Got a 9% gain breakout over 2.15

WAVE – HUGE BREAKOUT today, up over 19%.

ASTM and KOOL just hanging around. Watching.

CEGE still watching.

MI – Up over 17% since add.

URRE – KABOOOOOOOOOM – up over 30% since add.

SBLK and FREE both up over 12%

LVLT shot up over 21% since add.

PWER – up over 15% since add.

AGEN – just watching. Likely pulling from the WL soon if it doesn’t move.

Tags: AGEN, ASTM, CEGE, CHINA, FREE, KOOL, lvlt, MI, PWER, SBLK, SONS, URRE, VTG, VVTV, WAVE, XOMA