What a wild 2 weeks , after getting caught in some energy plays last week, I went back to some short term trading focusing on the overall markets. Trades in the VXX and TNA have just about been perfect. We still have not seen a bounce in the basic materials. I am not looking to call this bottom, but definitely see you getting a better price then me.Trying to fix the APC trade by adding to my position as I only had 80 shares into this break down . Now I cut my average in half and looking good for next week. This weeks Watch list is great. Lots of set ups and broken down pretty much to Best bet and 2nd and 3rd best bets.
All the charts are detailed in the HPS video found here. (if your not a member this is a good week to try out DTR for a free trial. Profit from the watch list and see what a great value you have :-)
I also did a short video on a method I use called "Fading the $Tick" I show how to set up your alert and what to look for with some live examples
There was a lot of activity today and this week in the trade alert box and today I sent out some special emails to update members to important set ups before the close. I am going to keeps these coming in case you are not in front of your computer.
It will just come as a copy of the activity up til about 2:30 when i will send it out
DayTraderRockStar: Earnings Preview for the week of October 6 - 10 Of the companies reporting earnings for the week of October 6 - 10 some of the bigger names include: Monday: After Hours - TCS, TISI, CAMP Tuesday: Pre Market - ISCA After Hours - YUM, MG, LNDC Wednesday: Pre Market - COST, MON, RPM, HAWK After Hours - AA, RT, ARCW, EOPN Thursday: Pre Market - PEP, LNN After Hours - HELE, VOXX, ANGO, CUDA Friday: Pre Market - INFY, PGR, FAST
3:39pm Oct 3, 2014
DayTraderRockStar: Tradeometer alert last 30 min causes volatility I wont rely on these alerts here
DayTraderRockStar: I am holding SLCA but you have over a dollar on the trade bank it if you need it
2:14pm Oct 3, 2014
DayTraderRockStar: CBS prob going to be best bet into next week for me liking the SLCA a lot better now, and 5 min stochastics has just gotten back to a nice level for a bounce.. no cal on that though as I been recording a lot today
1:52pm Oct 3, 2014
DayTraderRockStar: HPS (Members Only)
12:59pm Oct 3, 2014
DayTraderRockStar: Hearing Apple to Hold iPad Event on October 16 --RE/CODE
12:48pm Oct 3, 2014
DayTraderRockStar: Bought APC 70 @ 99.41 Added to position going to repair this a bit 150 Total @ 104.75
12:46pm Oct 3, 2014
DayTraderRockStar: CBS still not to late first target 54.50-55.00
12:30pm Oct 3, 2014
DayTraderRockStar: Bought UNH 70 @ 85.83 First Position in large daily flag pattern