By Josh Hayes on May 3, 2012
During earnings season you must always wake up early and monitor your new long positions to make sure none are gapping down. If they do, you have to sell. I did that yesterday with DVA and AGN (by not taking the new long signals) and I did it today with VCLK. However, by the time [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on May 2, 2012
Another night with a lot of longs. This is getting to be pretty bullish. Sadly, I don’t have any FLT/SLXP quality charts that I want to put 10%+ into and considering nothing is exploding higher outside of buyable gap ups (ie KTCC) I will continue to trade small. There still is not enough conviction to [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on May 1, 2012
It started off as a great day for the stock market but by the end of the day it was just an OK day. I have volume much higher today on the Nasdaq and while that would be good if we were up 1% today I am not sure what to make of it with [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on April 30, 2012
It was a mixed bag out there today and that should leave everyone a bit gun shy here. It does appear we do have an earnings buyable gap up in FIRE in the morning. However, I am not listing it as a long until I can check it pre-market and see how volume is running. [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on April 28, 2012
Friday was a solid session for the stock market. It did not end in the fashion that you would like to see a strong up day end but overall it was “good enough.” The best news about the whole thing is that for the third day in a row we had above average volume on [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on April 26, 2012
This push higher returns the market model back to a BUY signal. However, it is very much a cautious BUY signal due to the overall volume and previous false signals. I will be working only a 5% positions in XHB. The lower than average weekly volume combined with slightly higher than average daily volume and [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on April 25, 2012
Do you know nothing is working that should be working? I don’t either. Great chart patterns or good chart patterns blow up and horrible choppy patterns breakout and keep going. I don’t know what is going on out there but I have a feeling that this is what the market wants to do to knock [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on April 24, 2012
Just got back from a boat trip with the girlfriend. Maui really is unbelievably beautiful from the ocean. This should be my last late post for a while. Thank you everyone for allowing me to spend some early day time with my girlfriend before she went back to work for another week. Anyways, today was [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on April 23, 2012
I was out teaching 4 people that work with Jill surfing lessons today. My apologies for the late post. Thanks to FONR I am back to trading scared. Wonderful. If it isn’t High Frequency Trading, the Fed, or Europe, it is something else. Today, it was the pre-market session which I f*cking hate more than [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on April 20, 2012
Today was indeed confirmation of the SELL signal, in the Nasdaq. However, overall, it was not enough for me to say “let’s push all-in here!” We still need to see a day where the whole market sells off on convincing volume before I go 100% into any one inverse ETF or go short 10-20% of [...]
Posted in Silver Longs, Silver Shorts |
