Watchlist 12-23-2014 – $ADXS, $CUBA, $TASR, $SPLS, $TRXC, $FMD, $CERS,

Today’s Plan:

Waited all day yesterday for a short on $TASR, timed it well and profited well. Covered way to soon like usual, but I had a bunch of distractions going on. Lots on watch today so I’ll be patient and really focus on letting stuff come to me. Still need to do some Christmas shopping so it may be a half day for me.

Watchlist:

ADXS

Not sure why I have not entered this yet, guess I’m just really focused on not getting caught in the front side of the move. Will be watching closely today, looks like its prime to roll over.

ADXS

CUBA

GLAD I have avoided this, tons of range and lots of opportunities, but for me I have never felt like I had an edge, every time I went to enter it just felt 50/50 to me. Kind of the same as $ADXS, I would much rather wait till the backside.

cubs

TASR

While I don’t like trading real stocks, I’ve done ok on this over the last few days. Seems to be pretty easy to pick support and resistance levels and trade the channel. Beginning to get pretty overextend though. I’d like to see a pop to short into and maybe hold a little longer.

TASR

SPLS

Almost identical comments to $TASR, real stock, I’ve traded it well, but have not held for a bigger more, would like to look to do that.

SPLS

TRXC

Missed the big drop, but I think this could be a very solid swing short with smaller size.

TRXC

FMD

This is the last day I watch this, sick of looking at it. I like the chart but it seems to just want to track sideways.

FMD

CERS

Should have faded this late day, but again I had guys painting my office so it was very difficult to focus and feel like I was on top of things. Will look to short into a big move, and ideally fade all day.

CERS

Watchlist 12-22-2014 – $CUBA, $TRXC, $FRO, $FMD, $BAS, $OAS, $CERS, $ADXS

Today’s Plan:

Ton’s of oil and gas plays have my screens all clogged up, there are so many of them, that I find it hard to decide which ones to add to watch. I went with BAS and OAS just because I’m familiar with them and thought about trading them Friday.

CUBA

Still watching and waiting for the backside of the move to short, need to be more aggressive trying to buy some of these. All week this thing looked like it could spike hard, would have been a great long many different times.

CUBA

TRXC

I was super cautious and stayed away from this, if it was any other day than a Friday afternoon I would have shorted. But was scared of a Friday afternoon spike, and did not want to get stuck it in over the weekend. Hopefully get a spike to short in to.

TRXC

FRO

I’m still holding this short, but it just keeps grinding up. It fades at some point, I just don’t know if I will be able to hang around long enough to take advantage of it. Looked solid Friday morning, but then spike right into the close.

FRO

FMD

I have a small starter short in this, comments are basically the same as FRO, its being stubborn, but I think it fades medium term.

FMD

BAS and OAS

These are the oil and gas plays I’m watching, so much volatility on Oil right now, not sure if i have any sort of edge. Other than trying to trade technicals.

BAS

oAS

CERS

Made decent money on this Friday, though my entry was terrible, had it on watchlist to enter around $7, I watched it fade all morning then traded it from like the $6.50’s to the $6.30’s, nice easy fade and I covered around the LOD but bummed I lacked conviction on my entry. Will look for another spike to short.

CERS

ADXS

I had been watching this for a fader for a couple days and almost entered, yikes it spiked hard Friday afternoon. They are still a carcass but they closed on some financing. I meant to read it closer but will after I post this list.

ADXS

Watchlist 12-19-2014 – $CERS, $FRO, $SPLS, $TASR, $CUBA, $FMD, $SRNE, $ADXS

Plan:

Mixed day yesterday, up some down some back and forth. With the fed announcement and the crazy market I probably should have just sat on my hands. Crazy market and looks to continue today. I’ll be trading but all my sizes will be puny. Follow up on yesterday, a Friday, and going into the holiday who knows what might happen.

List:

CERS

Traded this pretty well yesterday, played the channel between $6.20 and $6 a couple times. Thought about taking it overnight but since it never wanted to crack $6 convincingly I opted out. Got lucky there, news overnight, but it kind of looks like the same news from a couple days ago, so I’ll be watching. Entry watch: $7.00

CERS

FRO

Held this all day and took it overnight, spiking a little pre market, but I’ve just got a starter size, will hold and add as long as it does not get to crazy. But again with the market like it is I’m not to enthusiastic about swinging shorts. Entry watch: $2.70

FRO

SPLS

This was my winner from yesterday, in and out way to much though. Had I just held from the HOD reject I would have done much better. But again market was so nutty I was covering into any drop and shorting any spike. Entry watch: $17.40

SPLS

TASR

Holding a grudge on this, traded it basically the same as SPLS back on Wednesday and ended up losing on it, then yesterday it crapped. Considering my mindset I should probably stay away but I’ll be watching. Entry watch: Any big spikes

TASR

CUBA

Keep forcing myself to avoid this until the backside. Lots of range, but still to crowded. Bummer is I may wait to long and miss it. Maybe if it can get back to $9.50’s I’ll look to enter. Entry watch: $9.50

CUBA

FMD

I’d call this my primary watch, looking to get short into spikes. Entry watch: $5

FMD

SRNE

Annoying stock, should have taken my gains yesterday, but I’m in so small I decided to be wait. Probably a mistake at this point. Entry watch: $8.50’s

SRNE

ADXS

Had this on watch yesterday but it dropped right out of the gate so I didn’t enter. Never really cracked though, looks to be getting pretty long in the tooth. Entry watch: $5

ADXS