Watchlist 4-24-2014 – $BIOF, $AXAS, $FXEN

Yikes yesterday was painfully boring, I traded but everything I tried went no where. Nice not to take losses but I think its even more frustrating more me to sit there at even and watch and watch and watch.. Something I need to workout is identifying these slow days quicker, then I can shutdown and do something else. I always have at least a 2 page to do list. So days like yesterday I should have checked out by 11AM and gotten some non trading shit done….

Because of the slow day yesterday, pre list is pretty boring, but should be lots of volatility today, big market moves with $AAPL and $FB earnings etc.

I’m not even going to bother to post charts, all these watches are lame… But I fully believe in running them to get “in tune” with the market. Any good looking charts showing up on the screens are all to low volume. Looking forward to the trading day and tomorrow’s scan, but today’s blegh.

Today’s List: Full list from Yahoo Finance

FX Energy Inc. (FXEN) -NasdaqGS

Watchlist 4-23-2014 – $FXEN, $AXAS, $CXDC, $HIL, $BIOF

Another solid green day yesterday, though nothing to brag about. I think I was up roughly $650ish. Seemed tough to find my sort of play yesterday, and for sure no slam dunks so I was just in full on grind mode. Much like Monday, at least I got a lot done during the day as well. So while profit is “ok” I’m happy with it considering the setups.

Today’s List: Full list from Yahoo Finance

FX Energy Inc. (FXEN) -NasdaqGS

Almost shorted this several times, but convinced myself it was only out of boredom. Glad I stayed away yesterday, but a lot of these POS oil and gassers seem to be losing momentum.

FXEN

Abraxas Petroleum Corp. (AXAS) -NasdaqCM

This was my best trade of the day yesterday, though of course I only caught a small part of the move. I covered at $5.20, it fell into the $4.90’s. Still looks pretty weak.

AXAS

China XD Plastics Company Ltd. (CXDC) -NasdaqGM

Been watching this for several days, I was hoping for a much bigger spike to short into. At this point its becoming kind of lame. If nothing happens today I’ll probably quit watching it, kind of boring.

CXDC

Hill International, Inc. (HIL) -NYSE

Another boredom short and an NYSE stock… I shorted this late afternoon and was up decent but it was so boring I let it come back on me. I have a feeling this will only crack if the market gets shitty. But I was basically flat so I decided to hold over night. Meh…. Does seem to be losing steam at least.

HIL

BioFuel Energy Corp. (BIOF) -NasdaqCM

Another annoying shitty stock that refuses to break down. I spent way to much time watching it yesterday and all it did was spike. This is another one that I’m giving up on after today.

BIOF

Watchlist 4-22-2014 – $FXEN, $JAKK, $AXAS, $HIL, $BIOF

While nothing to brag about, I did stick to the plan yesterday and finished the day green. Some software issues as well as mediocre decisions minimized my gains.

Today’s List: Full list from Yahoo Finance

FX Energy Inc. (FXEN) -NasdaqGS

Covered this in my recap video from yesterday, royally messed up the first short, but I’ll put 30% of the blame on software issues. Second short of the day was very solid. I think this continues to fade today.

FXEN

JAKKS Pacific, Inc. (JAKK) -NasdaqGS

Almost shorted this 2-3 times last hour of the day yesterday, not sure why I stayed out though. It just never felt right. But looks like it could start fading very soon.

JAKK

Abraxas Petroleum Corp. (AXAS) -NasdaqCM

Decided to hold this short overnight, though a smart man would have cut it. It might crack, but I am more confident it probably just grinds me and becomes annoying. Should have just went into the overnight with a clean slate. I HATE holding stocks overnight, especially mediocre setups like this one.

AXAS

Hill International, Inc. (HIL) -NYSE

Like the chart, but I hate shorting $NYSE stocks, doubt I’ll play this.

HIL

BioFuel Energy Corp. (BIOF) -NasdaqCM

Had this on watch from yesterday so because of that almost traded it several times. Much like $JAKK it just never felt right, though had I entered it could have been a decent trade. Will watch for further fading today.

BIOF

Watchlist 4-21-2014 – $BAS, $BIOF, $AXAS, $FXEN

Very mixed week last week, started strong, finished pretty mediocre. Goal for this week will be consistency. Even if my profits are down overall at the end of the week my goal is to be green every day. Trying to build a little more momentum and thusly more consistency, tired of the swings.

Today’s List: Full list from Yahoo Finance

Basic Energy Services, Inc. (BAS) -NYSE

Been stalking this on the short side for what seems like forever, have yet to see a really good entry. Now that being said there have been trades, I just have not taken any. I’m afraid this is one of those that the instant I quit watching it, it will crack. But at the same time I get very annoyed watching and waiting, especially when there are other solid plays that get ignored because of focusing on something that refuses to crack.

BAS

BioFuel Energy Corp. (BIOF) -NasdaqCM

Anytime this POS spikes it goes on my short watch list. Seems to be a carcass, plus its in ethanol, a business I always look to short.

BIOF

Abraxas Petroleum Corp. (AXAS) -NasdaqCM

These small oil and gas companies seem to be popping a lot lately. This one is my favorite to watch for the short based on the chart.

AXAS

FX Energy Inc. (FXEN) -NasdaqGS

Ouch, took this long for 7 CENTS!! Way back at $4.03… Talk about leaving some on the table… Now I’m looking for the short.

$111profitFXENLong Stock
2014

Posted by tbohen /
http://profit.ly/1MonHU

FXEN

Watchlist 4-17-2014 – $BAS, $MNTR, $CXDC, $FXEN, $HK, $PBR

Today’s List: Full list from Yahoo Finance

Basic Energy Services, Inc. (BAS) -NYSE

Thought about shorting this about a half dozen times yesterday, but just never got a good feel for an entry. I’ll be watching very closely today. I think once it starts to roll over it could crack hard and be a solid multi day fader.

BAS

Mentor Capital, Inc. (MNTR) -Other OTC

While the chart on setup is only “ok” I would love to get short this. Best I can tell they are some sort of Weed hedge fund. Thats the sort of ridiculous business I love to short on a fundamental basis. Ideally this spikes for some reason to setup a better short entry.

MNTR

China XD Plastics Company Ltd. (CXDC) -NasdaqGM

This is almost the opposite thesis as $MNTR, I like the chart on this ticker, but they appear to have a very “real” business. Lots of revenue etc. But I do like the chart setup. Probably a better long than short, but hey I can’t fight who I am, short biased as all getout.

CXDC

FX Energy Inc. (FXEN) -NasdaqGS

I bought and sold this real quick yesterday for a quick couple hundred bucks. Of course my exit was terrible. Anytime I buy a breakout I invariably let it run, then sell when it fades back, minimizing my profits. I think I sold $4.15ish in the morning, it almost immediately shot to $4.28. I’ll be watching for fading today and a crack back below $4.

FXEN

Halc (HK) -NYSE

Steady uptrend and a strong chart, but shitty little frackers are a delectable short. If this fails to break out today, I’ll be looking to get short.

HK

Petr (PBR) -NYSE

I’m short this overnight and basically sitting flat on it. I placed the order based on the chart and the ticker, I did not realize this was I think the Brazil national oil company… Not exactly the type of POS I like to short. Chart looks very fadish and setting up for a crack, but I have no idea the fundamentals or why, how or what this will trade like. Not real happy to be holding it, I’ll have a very short leash, but damn if it can crack $13 its mother fucking party time!

PBR