Monday, June 30, 2008

Pre-Market

Gapping Up:

LDK and CSIQ sign 10 yr. supply contract, other solars showing strength SOLF, ESLR, TSL, ENER is notable exception continued weakness following Friday's selloff.

Energy: HK

Steel: CLF, AKS

Coal: JRCC, ANR

Earnings: HRB

Other: VOD, CPB, FSYS, GDP, HUN, SQNM, CRMT

Gapping down:

MYGN
pre-market gap & fade

Financials: MER, UBS

Airlines: CAL, LUV, UAUA, DAL

Other: ZINC, GU, BCE, AIRM, IGT, HIBB, PCLN

Notable Upgrades - ATHR
buy at Piper and PWAV buy at GS

Last update 9:30 EST

10 comments:

Anonymous said...

nice format for morning with industry and other designations

very helpful

thanks

bl said...

Jamie,
Dido. All one needs is to chart up a Solar page and note the ones that are basically flat and buy...FSLR JASO CY...then short. Not bad. Coals too. Thanks

PDT said...

Have to agree. I like it too.

Jamie, would CLF first 3 bars be a valid double IB plays? 5-ema to far away for or possible resistance at $120.00 deter you from this? Thoughts?

Thanks!

Anonymous said...

Jamie, with all due respect, you can talk the talk, but can you really walk the walk. Simple!
Please put me out of my misery and prove your trades are not fake. I do enjoy reading your blog, but your trading seems too good to be true, when it is too good to be true you know you smell a rat.

Have you got the balls to post a REAL trade, just a screen shot of entry and exit prices of the days trades?

If you do, then hats off to you man, I apologise, but if you don't then mine and everybody elses suspicions would be confirmed.

Simple eh!

PDT said...
This comment has been removed by the author.
PDT said...

Fuck off anon. Such haters.

Hey BL, why would you want to short stocks that are in a strong sector (for the day)?

TJ said...

If you want to ruin it for everybody else, keep it up Anon from London. Everyday you post a comment on this blog, is a day off from posting for me.

TJ said...

PDT,

The CLF 2 IB setup was tempting but the IBs were quite wide. The action in the other steel sector leaders, X in particular, was cause for pause. I ended up shorting CLF after X broke down below the ORL on the 5 min. timeframe. Short CLF on break of 11:20 EST 5 min. bar as price consolidates the first leg down. Cover just above ORL ie. $116.00 which is an intraday pivot point now. Could be a play there tomorrow too.

PDT said...

There is much to learn for myself.

Im just glad I didn't actually take the long trade :) I didn't like the wide bars myself and I would have preferred the 3rd bar to have a higher low.

bl said...

pdt,
I have a solar page 1 min, 5 min, etc. and most of them rallied on premkt news, but then reversed. I think if one pays attention to a WL or Group list...take the reversals when available.