Monthly Archives: December 2015

Anatomy of a very mediocre trade – $KMI – 12/31/2015

Hoping this will have some value. While this trade was a loser, but small, I feel like I managed it well. OTHER THAN just waiting around all day. That being said I traded my plan:

Kinder Morgan, Inc. (KMI) -NYSE Good trade yesterday. Will watch for pops around $14.80, add up to $15, with a stop around $15.25. This could pull hard if selling comes in.

Potential takeaways:

  1. Traded my plan and did not deviate.
  2. Waited for entry in the morning, did not chase, let it come to me.
  3. Added per my plan but did not get aggressive and “Try and make it work.”
  4. I logged to my trade journal through the day and kept my thoughts organized: See Below
  5. Biggest bummer was sitting in this all day. But I got a TON done on other projects. There were for sure other trades to be made but I committed to this one, and followed the plan.
  6. Other “bad” thing about this trade is this company is “real” and I should not be surprised it did not crack.

KMI

9:39 AM Shorted starter on $KMI @ $14.68, “kind of an accident” playing around with DAS settings and didn’t have “order confirm” turned on. Ok entry it was on a pop and was basically the plan.

10:22 AM Came close to adding, but Nat Gas inventories at 10:30, see how that plays out.

10:34 AM Nat gas numbers out and UGAZ pulling but KMI holding, wish I understood what these nat gas numbers mean….

10:38 AM added at $14.77, not super please with this, stop on $15.00

11:31 AM Running out of patience at $14.60 and Nat Gas is going up

11:44 AM Blegh pushing up with nat gas, still barely green, get ready to cut looks like not gonna work today. Perked above VWAP

12:07 PM $WTW lots of opportunities today, should have had more defined plan.

12:35 PM $KMI giving to much time, little pull in nat gas here. Still under my stop so technically I’m following my plan but just does not look like its working. Sooooo slow

1:46 PM At my stop but nat gas is fading, being stubborn, but basically at my stop, see if this goes anywhere $KMI

1:53 PM Added on Spike to $15, lower stop to $15.10

2:58 PM More blegh… At least I was busy getting lots of other stuff done, but holding this $KMI all day has been excruciating. Getting ready to exit, couple penny fade. Stop on $15.01 now or cover into ANY profits just to get rid of this thorn in my side.

3:30 PM Covered KMI, didn’t crack $14.90 not going to hold overnight (real company) and I’m not going to risk a spike into the close.

Watchlist for 12-31-2015 – $EARS, $WTW, $FXCM, $AVXL, $CMRX, $KMI

Today’s Watchlist

Considering I was away most of the day I was happy with yesterday. Nothing huge on $KMI, but at all day fade and a nice profit. $RWLK, $AVXL and $SUNE were killer from watch yesterday. I had all of these short over the last few days but took only portions of the potential. But again, I’m in cash every night this week, banked profits and have ZERO overnight risk/stress.

Market is open all day but it’s still a holiday plus obviously the last trading day of the year. I expect odd moves so will trade small.

Today’s List: Full list from Yahoo Finance

Auris Medical Holding AG (EARS) -NasdaqGM

Thought about this around $5 yesterday, but it never really went para. Then thought about it a lot in the afternoon but it was basically sideways. Glad I avoided. Same plan today. Watching for a squeeze. It will most likely fade for days and days, but not my timeline.

EARS

Weight Watchers International, Inc. (WTW) -NYSE

I had good targets and plans on this, but considering I knew I would be gone 10AM-2PM I avoided. For sure short opportunities, but this continues to be tricky. I doubt I will short today, I thought about a long a couple days ago on the Oprah and New Years resolution hype in like the $19’s. Oh well…. My only real trade will be if it goes totally crazy/para, skipping dollars etc.

WTW

FXCM Inc. (FXCM) -NYSE

Thinking this is approaching backside territory. Will look to short pops, with risk on $20-21, small size obviously since this has range.

FXCM

Anavex Life Sciences Corp. (AVXL) -Other OTC

Great multi day short. I had this in the $7’s the other day… Sigh… Ended up a solid short yesterday but I never got the pop I wanted for entry. It did push to the $6’s but I was walking out the door, plus I just wanted it higher. Earnings are out, reports look ugly, this may finally die. Will watch for pops, though I doubt there will be any.

AVXL

Chimerix, Inc. (CMRX) -NasdaqGM

Thought about the “buy the washout” on this, would have been a solid play the other day. Good idea but again not on my timeline and not my type of play. Big investor news. If I get bored I may look to buy dips.

CMRX

Kinder Morgan, Inc. (KMI) -NYSE

Good trade yesterday. Will watch for pops around $14.80, add up to $15, with a stop around $15.25. This could pull hard if selling comes in.

KMI

Watchlist for 12-30-2015 – $ROVI, $REXI, $EARS, $AVXL, $SUNE, $INVT

Today’s Watchlist

MUCH better focus yesterday and my trading results showed it. GREAT day, though I still screwed around a lot mid day, but I guess that’s tough when I try and not trade during the lull. Still working on cleaning up my routine to make that mid day time more useful and profitable. Didn’t take all opportunities but mostly traded my plans. I’ll make a point to get back on daily recap videos explaining the trades I took and the trades I skipped and how/why.

Today’s List: Full list from Yahoo Finance

Rovi Corporation (ROVI) -NasdaqGS

Target: Pops to $17

ROVI

Resource America, Inc. (REXI) -NasdaqGS

Hoping for a para type move, $7 or so, I’ll avoid any grinding.

REXI

Auris Medical Holding AG (EARS) -NasdaqGM

Choppy/ugly chart, it will probably die/fade, but I want a big pop. No target now but watching for a squeeze em out move.

EARS

Anavex Life Sciences Corp. (AVXL) -NasdaqCM

“Higher the better.” Ideally a big move up right out of the gate.

AVXL

SunEdison, Inc. (SUNE) -NYSE

Up on news this morning, glad I covered for profits at the close yesterday. Ideally this runs off of this news, then gives an entry for a HOD reject/afternoon fade setup.

SUNE

Inventergy Global, Inc. (INVT) -NasdaqCM

“Everybody” is bashing this as a pump. Its just not up that much for me to get aggressive, hoping for a squeeze of early shorts. Hoping for a big move up, then a backside fade.

INVT

Trade Plan for 12-29-2015 – $AVXL, $CNIT, $EARS, $FXCM, $REXI, $ROVI, $RWLK, $SUNE, $WTW, $NURO

AVXL – Pop’s over $6.00

CNIT – SS @ $2.25

EARS – SS @ $4.50

FXCM – Reassess in the afternoon, ideally a fad/HOD reject

REXI – SS @ $6.00

ROVI – SS @ $18.00

RWLK – SS Pops in the high $15’s

SUNE – I’m short overnight, ideally cover < $5.00 WTW – Watching pop’s.

NURO – Would like to short, but real low float, let it play out at the open and make a plan post 10AM.

Watchlist for 12-29-2015 – $SUNE, $REXI, $RWLK, $AVXL, $EARS, $ROVI, $CNIT

Today’s Watchlist

Blegh, disappointed with my trading yesterday. Not because of bad trades, but tons of misses. I was fired up and ready for the day, but then lost focus very quickly after the open. Thought I had gotten better on this lately but I think all the days off left me unprepared and distracted. It’s fine to work on other things or randomly surf the net during the mid day lull. But I was doing other things and checking twitter etc at 10AM. Strange looking back at my journal, will be on point today.

Way to many tickers again today, I think that may have contributed to my distraction yesterday. I’m not going to write plans this morning because of the volume of tickers. I’ll post again at 9AM with a whittled down list and plans.

Today’s List: Full list from Yahoo Finance

$AVXL Covered for puny gains. Overstayed but today felt like the crack day.

A photo posted by Timothy C. Bohen (@tbohen) on

Watchlist for 12-28-2015 – $REXI, $RWLK, $AVXL, $CNIT, $SUNE, $PACB, $OHRP

Today’s Watchlist

Big list today, REALLY looking forward to getting back to work today! Love the long weekend, but seems like forever since trading was open.

Today’s List: Full list from Yahoo Finance

Resource America, Inc. (REXI) -NasdaqGS

Watching for push to high $4’s.

REXI

ReWalk Robotics Ltd. (RWLK) -NasdaqGM

Still just in watch mode for exhaustion. No desire to be on the frontside, if this can para I may start into it, but if it just grinds up I’ll ignore for now.

RWLK

Anavex Life Sciences Corp. (AVXL) -NasdaqCM

Looking tired, may start scaling into this.

AVXL

China Information Technology, Inc. (CNIT) -NasdaqGS

Gapping a little this morning, hopefully it runs out of the gate.

Target: $2.70-$2.80

CNIT

SunEdison, Inc. (SUNE) -NYSE

Target: $6.00

SUNE

Pacific Biosciences of California, Inc. (PACB) -NasdaqGS

Target: $13.50

PACB

Ohr Pharmaceutical, Inc. (OHRP) -NasdaqCM

Target: $6.40

OHRP

Watchlist for 12-24-2015 – $CNIT, $AVXL, $RWLK, $WTW, $MNGA, $SUNE

Today’s Watchlist

Not sure if in my whole career I have ever traded on Christmas Eve. While like any day there will be opportunities, I’m usually focused on more family and festive things. But also the market will be so thin I’m sure just oddball moves will happen. Unless you are single and far from family with NOTHING else to do (which I hope no one is this time of year) I would spend time with family and skip the markets.

I’m doing a watchlist just because I like to constantly “grease the groove” plus it will give me something to look back to review for Monday’s trading.

Merry Christmas!!

Today’s List: Full list from Yahoo Finance

China Information Technology, Inc. (CNIT) -NasdaqGS

Hoping this keeps going all day, I’ll probably say this a lot on this list but “Hoping for pop’s for fade on Monday”.

CNIT

Anavex Life Sciences Corp. (AVXL) -NasdaqCM

Target: $8.00

AVXL

ReWalk Robotics Ltd. (RWLK) -NasdaqGM

I have no target on this today, just hoping this squeezes all day today. And setups for Monday.

RWLK

Weight Watchers International, Inc. (WTW) -NYSE

This one makes me sad as a miss, was so biased for so long, then took my eyes off it. And now it pukes everyday. I just hope I can get pops to short. Why you never short the frontside, if I had not battled the front side so long, I would have been ready to hit the backside.

WTW

MagneGas Corporation (MNGA) -NasdaqCM

At some point this will crack, but I just want it higher. $2 maybe?

MNGA

SunEdison, Inc. (SUNE) -NYSE

Yuck, I hate to say this but I need to check the news/fundamentals on this, blegh. Seems like this is becoming more “real” everyday. But it may just be my cursory reading of the news.

SUNE

Watchlist for 12-23-2015 – $WTW, $RWLK, $AVXL, $MNGA, $SUNE

Today’s Watchlist

Good day yesterday, I’m in holiday mode today, not sure if I will trade or not. Busy day with non trading stuff.

Today’s List: Full list from Yahoo Finance

$RUN bwhahaha tell myself 100x use patience then cover RIGHT before the big wash… Oh well easy low stress profits

A photo posted by Timothy C. Bohen (@tbohen) on

Watchlist for 12-21-2015 – $RWLK, $PACB, $AVXL, $SUNE, $FXCM

Today’s Watchlist

Was in and out a lot Friday so only ended up trading $SUNE. Annoying that I held it all day, but in the end I managed it pretty well and exited for a small loss. Good trade considering it is gapping up today. All of these stocks on watch I want pop’s. Nothing I’m excited about getting short right at the open.

Today’s List: Full list from Yahoo Finance

ReWalk Robotics Ltd. (RWLK) -NasdaqGM

Target: $15.00

RWLk

Pacific Biosciences of California, Inc. (PACB) -NasdaqGS

Strong chart right now, adding to watch to wait for backside.

PACB

Anavex Life Sciences Corp. (AVXL) -NasdaqCM

Keep talking about shorting that $8 level but keep ignoring… Will look to get more aggressive now that this is getting long in the tooth.

Target: $8.00

AVXL

SunEdison, Inc. (SUNE) -NYSE

As mentioned above, this was a loser, but happy with how I traded it. Of course it was a pretty mediocre setup probably should not have been as patient as I was. But I followed my plan, refused to hold over the weekend, and avoided that stress.

Target: $7.50

SUNE

FXCM Inc. (FXCM) -NYSE

Very similar idea to PACB, let it run/squeeze, will look to short after the top is in. Probably later this week.

FXCM