The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!
posted by beanie11111 | 9:36 AM
105 Comments:
RIMM:
i think this stock can be shorted at the time being. Just set a stop loss at above the all time high.
solar flare!!!
HOKU:
i own some July 10 calls at .55-.65
good luck.
FSLR, SPWR, TSL on fire!!!!!!
They are going higher...
NYX:
ya gotta make a stand somewhere and it may as well be at 75. I think it's done going down.
HOKU:
traders might make this one the poster child for solar speculative plays. Remember ABLE and GEOI?
YHOO:
i want you im this stock!
Beanz, there's millions of professionals, especially in the high finance side that are wed to their Crackberries. Tons o' mouthpieces that work for us are too. And you know there's no dearth of mouthpieces/ambulance chasers. Were there as many doctors, we'd have no health care crisis.
Technology tends to bleed down until it saturates, and Crackberry ain't saturated by a long shot. And I don't think this Craapl Phone is going to make a dent in it's market, either. Why?
Something as simple as male identification. No joke, I went to a meeting not too long ago where the lead lawyer already had his laptop out on the table when the CEO of this fund came in and noted that it was a Crapple Powerbook. He asked the guy if he were contemplating a change in "orientation" to resounding laughter around the room. As infantile as it sounds, the lockerroom still rules in a lot of places where important product choices are made, and it looks like Crackberry (and the PC) have won the first round in that regard.
Should be shorting YHOO when it hits $32, and not RIMM.
Short SBUX too if it creeps back up to 25.50.
Last MU-cow was a great pickup here at 12.62 support, but it's still nice through $13.
SMSI en Feugorito!
massive solar tsunami comin your way?
SYMC:
i think this stock should be taking off as soon as tomorrow.
Wait for a break of 20.50... w. volume.
GOOG:
of course it's going higher
RIMM Blackberry:
Even the president owns one.
Those TSL calls have nearly doubled and there should be much more to go.
Brokerages oversold. MS going back to 90.
I have a special place in my heart for MS, but if I'm going to buy brokerages, I'm going for the gold standard...
Or, the Goldman standard, to be precise.
Indeed. Goldman Sachs is the brokerage to buy anytime.
The only reason I mention MS is because they are the only ones to show dramatically increasing earnings.
Plus if you compare charts of all major brokerages over a longer term, MS is the most underperforming of all
HOKU:
glad to see this one on fire today.
Those July 10 calls almost nearly tripled from this morning.
Yeah, imagine if you bought it at four fitty like I toldja!
Gose -- can you throw JPM and Schittybank on that chart?... get rid of Legg if you need to...
Could HOKU run like ELON did in the late 1990's? To $100?
stay tuned....
Oh scheet ELON... you bring back bad memories, Beanz, of my younger self... riding ELON from $15 to $113, and back down to $25.
Ouchie.
LOFL, that pic is the ballz.
(I don't mean to propgate this, but these guys are pretty clever with their blogger manipulations)
Hmm...
You would have thought LVS would have bottomed out by now.
@73 and still going down.
This is the reason I think these ETFs are the lowest risk/highest reward:
Just look at their charts
Compared with S&P 500.
DDM
SSO
MVV
QLD
DIG
i sold most of my hoku for the timebeing, for technical reasons
Looks like a lot of hedge funds are shorting Bear Sterns (BSC).
Do they know of some sort of a complete hedge fund/sub prime blow up?
Well, considering the Bear just bailed one of it's own hedge funds out to the tune of $3.2 billion, I would expect that even a dense hedge fund manager might expect that would hit valuation.
This downturn is just amazing.
Hopefully we can get to my target of Dow 12900 by this weekend.
Why? So you'll be "right" in your multi-variegating "prediction?"
Some price to pay.
Don't count on it, tho.
CLX jn25 red white.candles ..good test for bottom ..
MSTR jn25 I thought MSTR was going to drop some more, july 90call 7.00
TTEC Jn25 rsi 30 looks like TTEC holds there, 80/20 july 25 call 5.90..
Thurs...BEN’s inflation statement...might hurt the market...
NYX target price $113...
Come on Dow, sell out the whole week. Keep on cooking. I know you will be ready for me at my liking at 12900 by end of the week.
Look at the charts of the markets today.
What a beautiful parabola.
you should buy stocks now on this crazy selloff. Wednesday we should rally hard.
SPY has good support at $148 and
XBD stocks probably stop falling at XBD = 243 = 200d ma, BSC below my 137 low target...will wait for up day...to get in..
Zee, i’m basically throwing in the towel on buys, until July 2nd...i’ll just keep shorting anything that pops up...
If you are looking to buy, I suggest you wait out this week.
Friday evening may be the best time to buy for longer term.
This week should settle any panicky sellers.
Dow may be only down 20 points,
but the advance/decliners line is decidedly negative:negative
Hey Beanz, play fair.
If you are going to get rid of Gosu and Catcher's crazy posts, then get rid of all of them, including Gose's "Ted" phantasm.
So at what price are you shorting the market tomorrow Gosu/Ted?
Hey Beanz, what the fluke with STP today, eh? Daily chart looks like the Knob of Piteous Despair or something.
(Needless to say -- a rare formation)
I keep a record of target prices, on a daily basis, and so far 7 out of 8 companies have been raised...SPY has really good support at $148...DIA at $131 / 132..then onward to $138 / 140?...70/30..
RIG raised to $142, so OIH going to $200?, or more...is my first thought...and all the major companies at RSI 25...too many to list....and if half make it back to rsi 70, then the DIA rally’s BIG in July...
Zee...
BAC 6/18..UBS.. Price target raised to $59 from $57
CROX 6/21.. target raised at Piper to $55
DOW..6/21 target raised at Goldman by $2 to $52
ESS 6/25.. Goldman Sachs Target price at $130.
FDX 6/18..UBS... $137 price target.
RIMM 6/25... UBS. Price target jumps to $210 from $180
TASR 6/21.. target price raised at Jefferies to $20 from $13
TXT 6/18..GS.. Price target raised to $127 from $107.
CAL 6/15.. downgraded at Goldman Price target lowered to $34 from $39.
http://www.thestreet.com/_tscnav/markets/analystsactions/10364592.html
Watching fast money now.
Was wondering what was going to trigger the fast and steep sell off.
It looks like there was a rumor that Goldman Sachs may be also involved in a hedge fund blow out.
Will have to watch out this one closely.
Anybody any idea on the technicals (fibs etc.)and support on Goldman.
Holy Moly!! Check out VMSI in AH. Play it smart tomorrow, and make big $$$.
M
This blog has become a much more pleasant place to visit now that Catcher and Ted have finally left.
Keep up the great work Beanie!
Hmm..some turnaround in the Chinese market.
Down 2% and then up 2%.
M, thanks for the tip on VMSI. I just bought 100 shares at 77.85 in PM.
whats up with ASTI today
elmyko1
What am I missing?
Both
QID (Inverse Nasadaq*2) and
QLD (Nasdaq*2) are
DOWN.
It is looking more and more likely that markets will provide some opportunity to buy End of Day June 29 as stocks will continue to go down till then.
And its looking more likely that the week of July 2nd will be a rally mode for stocks.
So, buy EOD June 29 and sell EOD July 6.
I cannot believe the clowns on CNBC. If the stocks are in rally mode, they keep on upping their estimates.
The moment stocks start going down, they keep talking about "1930s style depression" in the markets.
Bozos!
HOKU:
i think this thing actually have legs.
I no longer own July calls, but i do own August calls.
HOKU and ASTI up more than 10%. AWESOME!!
Anyone still holding these?
HOKU is going to $100.
like ELON did in late 1999.
Good luck.
Care to bet a cheeseburger on that Hoku call beanie?
hi board i still own hoku -- also i still own wwat look at that one today!!!!
hi board am i not allowed to post?? i still own hoku and take a look at wwat another good idea of beanie's!
NYX looks like a buy here at low 74
btrader,
sure, i want onions on that and 2 fries plus a shake.
STP:
this stock is ramping up to run in the days ahead.
Get in!
This farking STP is the most damnable stock. Remember that downtrend line that I talked about a couple of days back? The one it had finally burst through when it first re-cracked $34 (again, a couple of days back)?
Well, when it did it's "plunge of death" yesterday, it actually smacked RIGHT OFF that downtrend line again (this time, because of it's continuing downslope it was at about 32.85 or so. And the downtrend line held support, just like all the books say it's supposed to! Even with that almost parabolic death drop!
Which tells me somebody is farking around with this stock, trying to shake people loose before the big ... something. Just look at the 15 minute chart over the last couple of days... it's a farking roller coaster!
Anyway, I continue to hang on, and it looks like if it can clear $34.60 here, we may be in for some intersting schite.
But don't be shocked if they take us down another Alpine slide again....
Beanz, are you looking at posts before you allow them?
I just lost an extensive one on STP... unless it reaappears somewhere else in the Twilight Zone.
Oh, duh... I just read it in the comment section under the box...
Duh.
NYX has massive support (and a fib line (61.8% retracement) at $73.30, but nothing before then.
I gotta think that's the place to buy NYX, as I've iterated here before.
Still, I'd wait for the bounce on volume off that target, as the next resting place is $68.40.
Hi Beanie,
What do you think of WFR?
Thanks
Beanz... we need more immediacy than this buddy... maybe you could do a modified "check" where you just get rid of posts after the fact, and continue to disallow "anons?"
Reason I'm saying is because STP... she's about to blow! (I think!)
JASO, the most inexpensive and undervalued of all the solars?
Beanie????
HOKU:
Looks very strong. Going higher.
NYX:
i think this stock bottomed right here near 74 at least for the immediate term. It is just too oversold. Too too oversold.
Who would have thought Jones Soda JSDA would be at 14 in such a short time? Phew!
WOW! A failed rally again.
I think we will have to wait till June 29 to be able to buy.
I may be early but I bought a call on NMX, MDR & NOV just now. If it continues to go down, I will buy more.
Gosu -- You seem so sure of it, why not just short the market here at this "failed rally?"
gosu said...
Who would have thought Jones Soda JSDA would be at 14 in such a short time? Phew!
Tue Jun 26, 02:15:00 PM EDT "
I did, A month and half ago, read on,
BTrader said...
I'm short JSDA since pre-earnings. The product sucks, earnings sucked and I think the switch to sugar cane is going to kill margins. Headed to $17. GLTA
Thu May 10, 10:00:00 AM EDT
CATCHERNTHERYE said...
Btrader I think you're on the money,I think it sees $17 in no time, But there's a chance that drop could go to $13.00 - $ 14.00 area
Thu May 10, 10:07:00 AM EDT"
DF --
I think your instincts serve you well here... keep an eye on NYX at $73.25 or so, too.
RE:jsda
CATCHERNTHERYE said...
btrader
the target for me is the distance between the breakdown point $22, and the prior top $32.50. thats my analysis takoff, and it coincides with the gap, even better. but Im with ya on $17 being the first stalling point or bounce
Thu May 10, 10:20:00 AM EDT
Great call on JSDA guys! Congrats if you played.
Jake , good call on NYX 0.61 fib...= 72.8....Im in at 73.1....July 70 calls at 4.60....see if NYX can get to 50 day...from here...
$SPX (and SPY) RSI below 30... if it closes below 30, the VTO trade is there.
VTO trade?
If any of you are precious metal horders... now's a nice day to squirrel some SLV.
Nice call, Zee... but I'll wait here til I see a turn. I just looked at the weekly on NYX and a bit back it exhibited the deadly 13-34 week EMA crossover.... not a good sign, if you not LVS recently....
RE: VTO Trade....
You should be visiting on a regular basis. Last post here is what you're looking for...
NYX fib is 72.8
here's the calculator site
http://www.forexnews.com/external/fibonacci/defaultnew.asp?loc=fibo
i used 48.6 low...112 high..
I dont understand why so many people pay attention to NYX. The stock has been shit for months. There are better plays out there.
I agree on NYX Dan.
Zee, that's the difference.
I used (per my chart eyeballing)49.96 and 111.06 as my low highs.
I like to use the body of the candle if I can, as I think the shadows throw off the calc a bit.
My fib per your calculator is right at the 73.30 I eyeballed, btw.
Dan, et al.
Reason NYX is talked about is it's fun to trade, and up til about a month or so back, had a lot of interest.
No doubt certain people still even have it in their portfolio.
(Cough! Cough! BEANIE!! Cough!)
Every time someone mentions NYX, I am reminded that it is 2007 Cramers Stock of the year.
I just wonder how many innocent investors bought into his argument and put a large percentage of their holdings in this stock!
Catcher... you lookin' at SMSI?
UNG...nat gas commodity ...43 call at 3.20 ...call price target met...I don’t think tomorrow’s bearish crude supply report affects UNG (aug ..sept)
And I told myself, the first day IYR closes in positive territory, to buy IYR...75 call ... 2.80...im in..(IYR +12 cent) hope it holds positive last 30 minutes..
Id buy RIG at the 20 day, but NOV at the 20 day looks too risky RIG target price $142...NOV target met $105
Speaking of IYR, another one for the long, long, long, ancient, when your grandchildren are grandparents portfolio: UBA... Urstadt Biddle Properties.
A flickin' steal today at 16.55, and a forever hold.
Why? Anyone here live in or know about Westchester County, NY.... Putnam County, NY... or Fairfield county, CT?
If you do, you know it's some of the most precious real estate this side of California, and these guys own shopping centers on it. And guess what? The old adage about "they're not making any more of it" goes double for UBA, since in those particular counties, you're likelier to find a black leprechaun with hens teeth holding a four leaf clover than you are to get your property zoned for commercial retail.
Gold in them thar hills, boys.
XHB..(housing index) finally has a 200 day at 29.8..Today at 30.6...JULY 28 call at 2.40/2.50 and im in
is NMX a buy here?
anyone think it will be taken over?
SPY, S&P and Dow futures just fell of the cliff after the close.
JakeGint said...
Catcher... you lookin' at SMSI?
Tue Jun 26, 03:17:00 PM EDT
Nah, not lately, whats up with it?, why the jump the other day?
WTF with this weird STP after hour quote? I'm getting $135... but not sure where it's coming (came?) from.
_____________
Catcher... not sure what sparked it up, but I think it's consolidating for more. I thought you were were one of the one's looking at it earlier...
I had shorted it last month, had a post on it , then got stopped out ,thank god!, and was responding to brett and joer about it the other day.
its at @$14.20 now but...
went short in it yesterday PM, like too see @ $11.40 but I'll set 1rst stop target @$12.50
Wed Jun 06, 04:01:00 PM EDT
why i use tight stops always,
has cost me money on up moves, but I sleep better with em in place.
Anyone look at the charts of SPY and SSO (SPY*2)
Pay close attention to what happened in the last two minutes and look at the volume. Amazing!!
But wat this tht mean?
Ok. May be I got too excited. But I have never seen SPY selling like this.
SPY down that much with 20 million traded in the last minute. Never seen that.
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