By Josh Hayes on May 10, 2012
I will be back later with full analysis. I need to get some beach time in with my girlfriend. I have been working way too much lately. Overall, today was an overall bearish day with volume well above average on the Nasdaq. However, there was some intraday support at the same levels around 11am, noon, [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on May 9, 2012
What a crazy day for signals. This time, however, it was all in the ETF universe. Yesterday, we got a long signal in Vietnam, a short signal for the Euro, and a long signal for Natural Gas. Today, we have a long signal in VIX, a long signal in the US Dollar, a short signal [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on May 8, 2012
No surprise here (sigh). We have a ton of signals, once again. These stocks, thankfully, all have long bases that they are moving out of. Still, everything is 1% with tight stops until there is some clear direction. The one thing that did happen today off of the reversal was volume was higher and well [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on May 7, 2012
To sum it up, I am pretty shocked we did not have a blood bath today. While that can be considered bullish, the weak close leaves it pretty clear where the market wants to go. Or so you would think! Of course, internally, we are still getting mixed messages. I did have a few stocks [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on May 4, 2012
I need a vacation. The false signals in 2012 are really taking its toll on my confidence level. I know that periods like this have existed before in the stock market but this is my first time dealing with it and I don’t like it. I believe I am now down 6% this year and [...]
Posted in Silver Longs, Silver Shorts |
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 |
