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

Watchlist 12-18-2014 – $CALA, $CUBA, $FRO, $CERS, $SRNE, $ADXS,

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Plan:

Annoying day yesterday, good news is I kept to my stops and all losses were small, but it was a death by a thousand cuts kind of day, traded $SRNE for solid profits, but then gave it all back going in and out of $TASR non stop. Today and the next few days I’m going to focus on patience. I have been rushing and impulsive lately, not sure why. My sleep this week has been very poor so I wake up on edge and trying to smash. That is not what works for me, I’m much better waiting for stocks to come to me. Perfect example is yesterday in $TASR, none of my entries were very good, I made money, then gave it back, back and forth all afternoon. Put me in a very “vengeful” mood which is never good in trading. I don’t like making 10 trades a day.

CALA

Scary low floater, almost entered late day but never got filled, thank goodness it spike hard into the close. I will be watching for a parabolic entry, but this stock scares me right now. Entry watch: $26.90-$27

CALA

CUBA

Everyone is short this, good chance it dumps, but I’m not going to get stuck in the front side. I’ll wait for a hard short squeeze type entry. Entry watch: $9.50

CUBA

FRO

Up pre market, like this setup, but want a spike. Entry watch: $2.70

FRO

CERS

Like this as an all day fader, will be watching spikes, or if it goes sideways all day I’ll set risk on HOD. Entry watch: $6.00

CERS

SRNE

Did ok on this yesterday, shorted around 10AM yesterday and it dropped to the $7.80’s, I covered into that because I was distracted with TASR. I thought it was going to pull all day, but got lucky that I didn’t get squeezed. But I think it mostly held up because of the wacky market yesterday afternoon. Entry watch: $8.30’s

SRNA

ADXS

Looking to short a pop for the fade back. Entry watch: $5.10

ADXS

Watchlist 12-17-2014 – $SRNE, $FRO, $JOB, $ODP,

Plan:

Frustrating day yesterday missing out on $NVGN and being to early on $SRNE. Then I spent a ton of time trading and watching two REAL stocks, $ODP, and $CRUS. Ended up down on the day but a manageable loss. But its not the loss that has me so aggravated, I stuck to my stops and followed my plan, trading is about losing. What has me frustrated was not getting fully prepared, you can see that in my watchlist yesterday I half assed it. Then spending the day screwing around trading real stocks for piddly profits, all the while ignoring $NVGN. It was for sure a “jonesing for trades” type of day, if I was unsure about how to attack $NVGN so be it, but no good reason to then spend time trading shitty setups.

So today I’m back on track with a real watchlist and will stick to it.

Watchlist:

SRNE

As I mentioned I shorted this mid morning when it looked like it was going to fade all day. I was too paitient and probably could have covered for a couple hundred bucks but was hoping it could crack. Ended up spiking and I covered at my planned stop. So while it set me back on the day, I followed my plan and covered waaay before it spiked over $8. Will look to short into any sort of parabolic move or if it doesnt spike hard will look to late day fade.

SRNE

FRO

I like the prospects of this cracking $2 and falling hard, bummer is I don’t like the entry in the low $2’s where it is sitting right now. Crossing my fingers for a spike to get short into. Will be watching this closely today, probably my main watch.

FRO

JOB

Hate these cheapies, but I do like the chart. Doubt I will trade this, but will watch for fading.

JOB

ODP

Grrr, I know I bitch about trading a real company (Office Depot) above, and it pains me to think about spending all day watching it again. But this did show up on “old reliable” the red candle floater scan. So I will watch and will probably end up trading it and pissing myself off again..

ODP