Active Trader Closed Plays
Earnings are approaching
Closed Bullish Play | Sunday, January 23rd, 2005
It's our policy to avoid holding over an earnings report and this play ran out of time.
Closed Bullish Plays
Closed Bullish Play | Thursday, January 20th, 2005
Too Slow and out of time
Closed Bullish Play | Sunday, January 16th, 2005
We're choosing to close MKC early for lack of movement and USB to avoid its earnings report.
Breaking the 50-dma
Closed Bullish Play | Thursday, January 13th, 2005
After days of consolidation Thursday's market pull back was too much for YUM.
Closed Bearish Play | Monday, January 10th, 2005
A surprisingly bullish December same-store sales number sent this retailer rebounding.
Cutting Our losses early
Closed Bullish Play | Sunday, January 9th, 2005
We're choosing to chicken out after the recent failed rally.
Cutting Our Losses Early
Closed Bullish Play | Tuesday, January 4th, 2005
We are closing two non-tech bullish plays today. ONXX hit our stop while CYT broke crucial support.
Disappointing jobs data
Closed Bullish Play | Monday, January 3rd, 2005
The disappointing hiring component in the ISM lead investors to sell KFY and other staffing-related stocks.
Closed Bullish Play | Monday, December 20th, 2004
The December gains in UHS have been completely erased. Shares broke down through support to stop us out.
Not Shaping Up
Closed Bullish Play | Sunday, December 19th, 2004
We are going to exit early on this potential inverse H&S play.
Closed Bullish Play | Thursday, December 16th, 2004
A positive day for drug stocks and an FDA approval sent TARO through our target.
Closed Bearish Play | Tuesday, December 14th, 2004
The bounce continues in Consolidated Edison (ED) and shares hit our relatively tight stop.
ACH caves in
Closed Bullish Play | Tuesday, December 7th, 2004
The market sell-off was too hot for this metal stock.
Closed Bullish Play | Thursday, December 2nd, 2004
The three-day, twelve-percent sell-off in crude oil has sparked a sharp and negative reaction in the oil and oil services sectors.
Closed Bearish Play | Thursday, December 2nd, 2004
There is no discernible reason for the rebound in TSCO.
Closed Bullish Play | Tuesday, November 30th, 2004
ZEUS has exceeded our expectations with a +30 percent run.
Target Achieved - Again!
Closed Bullish Play | Monday, November 29th, 2004
That didn't take long. Soon after hitting our initial profit target shares of OMM have already hit our secondary target.
Closed Bearish Play | Sunday, November 21st, 2004
We are closing this bearish candidate unopened.
Closed Bearish Play | Wednesday, November 17th, 2004
There was no follow through on WGR's breakdown.
A Temporary break
Closed Bearish Play | Sunday, November 7th, 2004
Friday morning produced a temporary break in resistance and this insurance play hit our stop loss.
Election Rally Bounces Bears
Closed Bearish Play | Wednesday, November 3rd, 2004
Drug stocks climbed and retailers rose in a post-election rally that hit our stops.
Exiting Before Earnings
Closed Bullish Play | Wednesday, October 27th, 2004
Per our trading plan we are exiting these two bullish plays to avoid any nasty earnings surprises or "sell the news" reactions.
Closed Bearish Play | Sunday, October 24th, 2004
This medical equipment supplier is just not cooperating.
Closed Bearish Play | Thursday, October 21st, 2004
PSSI has surpassed our profit target and we're going to close the play.
Spitzer Sinks Insurance Stocks
Closed Bullish Play | Thursday, October 14th, 2004
NY Attorney General Spitzer yanked the carpet out from under the insurance sector today.
We'll Have To Wait
Closed Bullish Play | Tuesday, October 12th, 2004
A drop through minor support on Monday is enough to discourage us from waiting for STN to turnaround.
Closed Bullish Play | Wednesday, October 7th, 2004
We are exiting our two remaining oil plays as winners!
Closed Bearish Play | Tuesday, October 6th, 2004
It took a few days but ETM finally managed a bounce and stopped us out for a 10 percent decline.
Biotechs and Drugs Rebound
Closed Bearish Play | Sunday, October 3rd, 2004
The market shrugged off the Merck news surprisingly well and both biotechs and drugs rallied with the major indices on Friday.
SMRT surges higher
Closed Bearish Play | Sunday, September 28th, 2004
There is not any specific news to account for the bounce but we recently lowered our stop and have been stopped out.
An Early Exit
Closed Bearish Play | Sunday, September 26th, 2004
We're choosing an early exit in our DPH play.
Closing Under Support
Closed Bullish Play | Wednesday, September 22nd, 2004
Our alternative play in the oil services sector is not doing well after yesterday's downgrade.
Call Us Chicken
Closed Bullish Play | Sunday, September 8th, 2004
This may be a little premature but we're going to exit this bullish play before we get clubbed.
Closed Bullish Play | Sunday, September 5th, 2004
We're going to cash in on our bank play and exit stage right.
Luck Runs Out
Closed Bearish Play | Sunday, September 5th, 2004
Our short play on this slot machine maker has come up dry.
Closed Bearish Play | Sunday, August 26th, 2004
Someone got excited about lukewarm same-store sales and sent OSI shares higher.
Closed Bearish Play | Tuesday, August 17th, 2004
Retail stocks have rallied sharply in the past couple of sessions and we've been stopped out in DLTR.
No Follow through
Closed Bullish Play | Sunday, August 15th, 2004
We are not seeing any follow through in our bullish plays.
Closed Bearish Play | Sunday, August 1st, 2004
Our recently added non-tech short is not willing to play nice so we're closing it.
Wave Goodbye to Fred
Closed Bearish Play | Thursday, July 29th, 2004
We're going to let this retail short go before the bounce gets to big.
Another drop for natural gas
Closed Bullish Play | Monday, July 26th, 2004
Another weak day for energy stocks ended with our natural gas play trading through our stop.
Playing it safe
Closed Bullish Play | Sunday, July 25th, 2004
In this environment we've decided to play it safe and minimize our loss.
Profit Taking Oil
Closed Bullish Play | Tuesday, July 20th, 2004
Oil stocks saw some mild profit taking today and KCS hit our stop just north of breakeven.
Closed Bullish Play | Tuesday, July 13th, 2004
An unexpected labor strike hits this mining stocks and we're stopped out.
Closed Bullish Play | Monday, July 12th, 2004
SHW was stopped out this afternoon when it slipped through support at $40.00.
Closed Bullish Play | Sunday, July 4th, 2004
After testing its all-time highs early last week, the Retail index plunged for the remainder of the week, sealing the fate of this bullish Retail play
End Of The Line
Closed Bullish Play | Sunday, June 27th, 2004
We got a nice little run out of this food service stock, but it has clearly lost the drive of momentum, stalling and starting to slide back towards the end of last week.
Closed Bearish Play | Sunday, June 27th, 2004
Rather than the breakdown we expected, this Housing stock has steadily distanced itself from support and is now on the verge of a bullish breakout.
Closed Bearish Play | Sunday, June 20th, 2004
Stale Pizza only tastes good for a certain length of time. Then you need to throw it out. We're discarding this play unopened.
Closed Bullish Play | Sunday, June 13th, 2004
This pair of bullish plays got hit hard on Thursday, with each stock breaking under major support. That's our signal to pull the plug, making room for better plays.
It's About Time!
Closed Bearish Play | Sunday, June 13th, 2004
We finally got the breakdown we've been waiting for so we're going to take the money and run.
Better Late Than Never
Closed Bearish Play | Sunday, May 30th, 2004
Resistance failed to hold and this bearish play pushed up through the 50-dma to hit our stop just above that level in the middle of the week.
Two-day rally hits stop.
Closed Bearish Play | Wednesday, May 26th, 2004
A strong two-day rally pushed shares of this drug maker sharply higher and stopped us out.
A Day Late and A Dollar Short
Closed Bearish Play | Wednesday, May 19th, 2004
This gaming stock sold off hard after the opening gap this morning and the bears clearly won the day. Unfortunately, the selloff came too late to prevent our stop from getting clipped at the open.
Fun While It Lasted
Closed Bearish Play | Tuesday, May 18th, 2004
As the decline in this mining stock became more mature, we got more aggressive with our stop and with the strong move today, it looks like we got a nice exit from the play.
Closed Bullish Play | Monday, May 10th, 2004
After ending last week right near key levels of support, we knew that this pair of bullish plays would need to see strong buying early on Monday to salvage the tenuous bullish trends. That buying didn't appear and both stocks took out their stops early in the day.
Having Its Own Way
Closed Bullish Play | Sunday, May 9th, 2004
On Thursday, we promised to reevaluate this long play, but this stock had other plans.
Doomed from the Start
Closed Bullish Play | Thursday, May 6th, 2004
Almost immediately after rising high enough to trigger this long play, this provider of oxygen and other respiratory therapy services began showing ominous signs of a rollover in progress.
Closed Bullish Play | Wednesday, May 5th, 2004
After trying to hold support on the 20-dma for the past few sessions, our Oil Services play plunged at the open today before finally getting the strong bounce we've been waiting for. Unfortunately, it was too late to prevent our stop from being tripped.
Closed Bullish Play | Sunday, May 2nd, 2004
We were never triggered on this non-tech bullish play and we're going to cut it loose as we hunt for new trades.
Out Of Time
Closed Bearish Play | Wednesday, April 28th, 2004
Just when this bearish play is starting to perform, we have to drop it due to earnings. The bears took too long forcing their hand and we're exiting ahead of what could be a very strong move.
Out Of Gas
Closed Bullish Play | Wednesday, April 21st, 2004
Rather than continue with last week's breakout, this bullish Gas play just petered out on Monday and then headed back down to test support ahead of earnings.
Closed Bearish Play | Sunday, April 18th, 2004
Thankfully our dollar store play never hit our trigger and we avoided an industry rebound.
Closed Bullish Play | Wednesday, April 14th, 2004
As good as this bullish play looked on Monday, things really unraveled in a hurry yesterday, as the stock gave back all its gains. That pattern of weakness continued today and it seems prudent to pull the plug here before our stop is hit.
Closed Bullish Play | Monday, April 12th, 2004
Instead of continuing its consolidation pattern, shares of this mining stock sold off hard on Monday, triggering our stop just before the closing bell.
Time To Go
Closed Bullish Play | Sunday, April 11th, 2004
This pair of bullish plays seem to have lost their upward thrust, so rather than wait and hope for another rally, we'll exit here to make room for stronger candidates.
Closed Bearish Play | Wednesday, April 7th, 2004
Just when it looked like this Healthcare stock was going to tip over and make a solid move lower, FDA approval of one of its key products arrived to spoil the party.
Patience Pays Off
Closed Bullish Play | Sunday, March 31st, 2004
It took us a while but we finally hit our profit target on SPF.
Closed Bullish Play | Sunday, March 28th, 2004
Unfortunately our food distributor play never left the dock so we're dropping it before it sours.
Analyst To The Rescue
Closed Bearish Play | Thursday, March 25th, 2004
Bullish comments from UBS this morning sent shares of our bearish Retail play surging higher, tripping our stop before traders even paused for lunch.
Hard to be bearish
Closed Bearish Play | Thursday, March 25th, 2004
It's hard to be bearish when the markets are stampeding higher.
Back to the Bottom
Closed Bullish Play | Sunday, March 21st, 2004
It was a valiant attempt, but the bulls finally failed to keep this stock in the upper half of its rising channel and it now looks like a trip to the bottom of the channel is in the cards
Closed Bullish Play | Sunday, March 10th, 2004
Our Satellite Radio play appears to have run out of momentum and is losing altitude with the rest of the market and it looks like it is time to exit ahead of the crowd.
Closed Bullish Play | Tuesday, March 9th, 2004
Bad news late yesterday sent this stock plunging at the open, with price gapping down out of its rising channel and triggering our stop.
Another Score for the Retailers
Closed Bullish Play | Sunday, March 7th, 2004
Our remaining retail play hit our exit point and continues to look strong.
Time to Exit
Closed Bullish Play | Thursday, March 4th, 2004
We're closing two of our recent successful bullish plays.
Closed Bullish Play | Sunday, February 26th, 2004
News of the Pentagon's cancellation of its Comanche helicopter program earlier this week compromised the uptrend in this Defense stock and that breakdown was completed today with the plunge under the 50-dma.
Closed Bullish Play | Sunday, February 22nd, 2004
We've definitely given this drug stock plenty of time to follow through to the upside and with price beginning to roll over here, it seems a good opportunity to cut our losses.
Closed Bearish Play | Sunday, February 22nd, 2004
Satisfying its trigger near the end of the day on Thursday, this bearish play was looking good on the initial drop on Friday. But the strength of the rebound into the close made it clear that this was a bear trap, in which we got caught.
Closed Bearish Play | Sunday, February 8th, 2004
This pair of bearish plays was looking pretty good before the short-covering rebound heading into the weekend. With earnings reports scheduled early next week, there's not enough time for another trip down, so drops are the order of the day.
Closed Bullish Play | Wednesday, February 4th, 2004
We're going to cut our losses early and exit this stock, which seems set on churning sideways.
Exit Ahead of Earnings
Closed Bullish Play | Sunday, February 1st, 2004
This insurance company has earnings on Wednesday and we're exiting early on the bounce.
Closed Bullish Play | Thursday, January 29th, 2004
Four days in a row and a couple of broken support levels behind it has stopped us out of BLI.
Closed Bullish Play | Wednesday, January 28th, 2004
Our breakout utility play suffered a break down this week, completely retracing its euphoric ramp of last week. Our stop was triggered first thing this morning, so itís time to pack up and go elsewhere.
Closed Bearish Play | Tuesday, January 21st, 2004
It seems no matter how good the technical setup is, the bears can't manage even a small victory and this pair of bearish plays was trampled by the frolicking bulls today.
End of the Line
Closed Bullish Play | Thursday, January 15th, 2004
This Energy stock has given us a very nice ride since breaking resistance early last month. But it looks like the fuel that drove the stock higher has been exhausted and it is time for us to move on.
Closed Bearish Play | Thursday, January 15th, 2004
The recent bank merger news has financials (and broker dealers) shooting skyward. We're going to exit this bearish play now.
Closed Bearish Play | Monday, January 12th, 2004
Raised guidance from this generic drug maker caught the shorts unawares this morning, and the stock easily surged through our stop with an 8% gain on the day.
Closed Bearish Play | Monday, January 12th, 2004
Whether it deserved it or not this drug retailer vaulted 4.4% on a broker upgrade.
Closed Bullish Play | Sunday, January 11th, 2004
We like closing out plays with the stock ten percent over the price on the day we listed it. That's what happened this time.
Kissed The Stop
Closed Bearish Play | Thursday, January 8th, 2004
Despite an encouraging start, our bearish Retail play came soaring back on Thursday to exactly hit our stop before retreating in the afternoon
Closed Bearish Play | Wednesday, January 7th, 2004
Even a prominent downgrade wasn't enough for this bearish Retail play to take out near-term resistance, and the bulls bought the dip again. This looks like a good exit point before the stock moves up through resistance.
Leading The Way
Closed Bullish Play | Sunday, January 4th, 2004
Housing stocks led to the downside on Friday, for the second day in a row, as traders are looking to book profits early. The selling was too much for our bullish play, which was stopped out near the end of the day.
Closed Bearish Play | Sunday, December 18th, 2003
After a very convincing breakdown earlier in the week, this Retail stock came charging back over the past 2 days and looks like a sure bet to hit our stop tomorrow.
Closed Bullish Play | Wednesday, December 17th, 2003
After an encouraging start, this bullish play just lost its momentum and with it has gone our enthusiasm. Better to move to the sidelines then get caught in a selloff.
Closed Bearish Play | Wednesday, December 17th, 2003
This airline-related stock divorced itself from the airliners on Wednesday, gaining while the airline index $XAL added to its losses.
Closed Bullish Play | Sunday, December 8th, 2003
A record-breaking snowstorm hit the Northeast this weekend, an important holiday shopping weekend. Retailers suffered on Monday despite protestations that sales would be made up as the holiday season approached.
Never Had A Chance
Closed Bearish Play | Tuesday, December 2nd, 2003
Poised on the edge of a sharp cliff, this looked like the perfect breakdown candidate 10 days ago. The bulls defended support and this one remained on the bench.
Closed Bearish Play | Monday, November 24th, 2003
As convincing as the initial breakdown appeared a couple weeks ago, we really thought we'd see more downside from this Financial play, but today's rebound took the stock back above that breakdown point.
Analyst Prevents Breakdown
Closed Bearish Play | Sunday, November 23rd, 2003
A good analyst can always prevent a breakdown, and that's what happened here, we think. An analyst announced that the company would likely raise its dividend and initiate a share buyback program, keeping this company's stock from breaking down.
It's All Over
Closed Bullish Play | Wednesday, November 19th, 2003
First, this retailer climbed just high enough on Friday to trigger the long play, and then it fell just far enough to stop it out on Wednesday before climbing again. It's all over.
Closed Bullish Play | Sunday, November 16th, 2003
This industrial stock has been back and forth over the key $60 level without any follow-through that we've lost interest. It's hard to get excited about a directional play that is showing no hint of a trend.
Closed Bearish Play | Sunday, November 16th, 2003
It seems the big losers from 2 weeks ago found some buyers this week, almost as though the shorts might be covering. Whatever the cause, this pair of bearish plays just didn't work out in our favor.
Not Child's Play
Closed Bullish Play | Tuesday, November 11th, 2003
This toolmaker's stock produced a spinning top in Tuesday's trading, but in the process of forming that candle, prices hit our stop. We're closing the play.
This Star Doesn't Twinkle
Closed Bullish Play | Sunday, November 2nd, 2003
The stock of this manufacturer of gaming products produced a star-shaped doji at the top of its recent rise. With that doji and with earnings approaching, it's time to close the play.
Closed Bullish Play | Wednesday, October 29th, 2003
Although this company's stock may be moving off its lows, we've given the play plenty of time to perform. The play has been timed out.
Bears Lose Again!
Closed Bearish Play | Wednesday, October 29th, 2003
It seems we can't find a winning bearish play, no matter how good the technical setup appears. Chalk this one up as another potential breakdown that failed to materialize.
Closed Bearish Play | Tuesday, October 28th, 2003
We can add another failed breakdown to the long list we've witnessed in the past several months, as this bearish play gave us the perfect bearish confirmation just before turning on a dime and running higher to stop us out today.
Now It Bounces?
Closed Bullish Play | Sunday, October 26th, 2003
This stock bounced more than a dollar from its opening level. Too bad that opening level violated our stop.
Closed Bearish Play | Sunday, October 19th, 2003
This retailer's stock rolled over Friday, producing a bearish engulfing candle, but the rollover came too late with earnings next week.
Close, But No Cigar
Closed Bullish Play | Tuesday, October 14TH, 2003
We've been waiting for the Biotech stock to break above major resistance, but it just couldn't get the job done ahead of earnings and it is time to fold up shop on this one.
A Profit-Taking Hit
Closed Bullish Play | Monday, October 13th, 2003
This bullish play took a profit-taking hit in Monday's trading. While it remains within its ascending channel and above the important 30-dma, we're not willing to risk our profits to watch the test of support.
Game, Set and Match!
Closed Bearish Play | Sunday, October 5th, 2003
The bulls and bears volleyed pretty effectively in this bearish play last week until Friday's implosion. Without a doubt, the bears won and this seems a good time to harvest some tasty gains.
Closed Bullish Play | Thursday, October 2nd, 2003
This potential long play never triggered. When it dropped 2.79 percent on almost double average daily volume, we decided it's time to drop it from consideration.
Closed Bullish Play | Wednesday, September 24th, 2003
We really got close to hitting our profit target on this bullish Pharmaceutical stock, but fell a few pennies shy and had to take our exit on the violated stop this afternoon.
Closed Bullish Play | Tuesday, September 23rd, 2003
This gold stock is not participating in the recent gold rally and we're cutting it loose.
No Run-of-the-Mill Generic Play
Closed Bullish Play | Sunday, September 21st, 2003
This long play performed well, but we think it's time to pocket our gains.
A Bad Taste
Closed Bearish Play | Thursday, September 18th, 2003
A Raymond James downgrade may have left a bad taste in investors' mouths. Investors dumped the stock, with prices hitting our stop.
Closed Bullish Play | Wednesday, September 10th, 2003
Sanford Bernstein downgraded this retailer Monday along with others in its sector. Already teetering after last week's disappointing same-store sales, prices violated our stop on Wednesday.
Got Too Greedy
Closed Bearish Play | Wednesday, September 10th, 2003
We should have quit while we were ahead and taken the fat gain on this play last week. Today's rebound stopped us out for a much smaller gain and we'll remember the lesson next time.
Closed Bearish Play | Monday, September 8th, 2003
With the broad market once again in rally mode on Monday, this pair of bearish plays caught enough of a lift to trigger our stops. It is difficult to fight such a strong rising tide, and we've got no choice but to honor those stops and pull the plug tonight.
Had To Be Quick
Closed Bullish Play | Sunday, September 7th, 2003
Blink and you missed it! We thought it would take until next week for this bullish play to reach our profit target. Boy were we wrong, as the stock quickly surged to our profit target Friday morning and then pulled back. Hopefully you were quick enough on the draw to get out near the highs.
This Play Got Buffetted!
Closed Bearish Play | Wednesday, August 27th, 2003
Tuesday, Buffett's Berkshire Hathaway announced that it had purchased 10 million shares of this company in June, sealing the fate of our bearish play.
Her Beauty Fooled Us
Closed Bullish Play | Sunday, August 24th, 2003
This stock's chart was a beauty, but it soon turned ugly. Friday completed our chagrin at being fooled by that chart when the stock dipped down below our support and then sprang up again.
Played to Perfection
Closed Bullish Play | Wednesday, August 20th, 2003
Yesterday's breakout in the XAU index gave us a strong indication that our bullish mining stock play was finally going to achieve our target and Wednesday's price action proved that to be true. It's been a solid run and now it's time to book those gains.
Bear Flag Failure
Closed Bearish Play | Tuesday, August 20th, 2003
In the annoying fashion of late summer trading, this bearish play gave us a nice bear flag pattern over the past 2 weeks, as it continued to underperform its sector. Then today, it broke out to the upside, negating that potential bearish pattern.
Good-bye, So Long, Auf Wiedersehen, Adieu
Closed Bullish Play | Tuesday, August 19th, 2003
If you hadn't guessed from the title, we're a bit wistful about letting this well-performing play go, but the company reports earnings tomorrow after the bell.
When Bad News Turns to Good News
Closed Bearish Play | Tuesday, August 19th, 2003
As last week ended, problems associated with the power outages appeared to be helping this bearish play. This week, the stock rebounded when the company untangled the snarls more quickly than expected.
Saved By The Trigger
Closed Bearish Play | Wednesday, August 13th, 2003
Sometimes it is better to be lucky than smart and good luck was with us on this failed bearish play. Oh it went against us, but fortunately our entry trigger was never hit, so no damage was done.
Closed Bullish Play | Thursday, August 7th, 2003
Waiting for the breakout was the right course of action in this bullish play, but once through resistance, the stock lost all its buying support and has now fallen back into the area where it was before all the excitement started.
Fun While It Lasted
Closed Bearish Play | Wednesday, August 6th, 2003
All good things must come to an end and the positive reception of today's bond auction seemed to inject new life into the beleaguered Housing sector. The resultant buoyant price action was enough to stop us out of our bearish play for a modest gain.
Closed Bullish Play | Monday, August 4th, 2003
We're going to exercise our trader's prerogative and exit early on this specialty retailer.
Not Gonna Do It
Closed Bullish Play | Sunday, August 3rd, 2003
With earnings on Tuesday we're just not willing to hold over the announcement and risk a negative surprise on this long play.
No Pre-Earnings Run Yet
Closed Bullish Play | Sunday, July 27th, 2003
While we expect this high-end retailer to turn in some stylish earnings there are only two days left and we're not going to hold over the announcement.
Caught A Bounce
Closed Bearish Play | Thursday, July 24th, 2003
Even though there wasn't much to interest a bull after the company announced earnings earlier in the week, Thursday's early bullishness was enough to trigger our stop in this bearish play.
Slump Ahead of Earnings
Closed Bullish Play | Monday, July 21st, 2003
Despite a good start, this bullish play got caught in the wave of broad market weakness over the past several days and broke support on Monday.
Out of Gas
Closed Bullish Play | Sunday, July 20th, 2003
After numerous attempts to break out through formidable resistance over the past 2 weeks, this bullish play finally succumbed to profit taking and slumped below our stop at midday on Friday.
Too Much Excitement
Closed Bearish Play | Monday, July 14th, 2003
Too much market excitement this morning spooked the bears into covering positions. We are stopped out.
Legal and Competition Woes
Closed Bullish Play | Wednesday, July 9th, 2003
After going our way for the past 3 weeks, our bullish Tobacco play got knocked back to its mid-June levels on the heels of renewed legal concerns and news of potentially increasing competition.
Closed Bearish Play | Tuesday, July 8th, 2003
Despite picking on the weakling in the group, we still got bitten trying to play the downside in the Housing sector. When the $DJUSHB index started rocking to the upside again, this bearish play finally got dragged along with the crowd.
A Little Too Soon
Closed Bearish Play | Sunday, July 6th, 2003
Selling put the brakes on this intraday rally but not enough before we got stopped out.
Closed Bullish Play | Sunday, June 29th, 2003
Last week's breakout has failed miserably, as this Utility stock headed sharply lower all week long, finally breaking critical support on Friday.
Hit & Run
Closed Bearish Play | Thursday, June 26th, 2003
Bears are left stumbling around wondering what the plate number was on the truck that just ran them over.
Fifth Worst Perfomer
Closed Bullish Play | Monday, June 23rd, 2003
Our big cap telecom play with the decent dividend really under performed today and closed below key support levels. It's time to say good bye.
Closed Bullish Play | Sunday, June 22nd, 2003
After a very bouncy journey, this bullish play looks like it needs to be put out to pasture for some rest. While it could continue higher, the series of lower highs last week doesn't look encouraging.
Closed Bullish Play | Thursday, June 19th, 2003
Brokerage comments derailed the rallies in these two equities and PremierInvestor.net was quickly stopped out.
Closed Bullish Play | Sunday, June 15th, 2003
Despite the solid rebound earlier in the week, this bullish play just couldn't hold it together and violated our stop by a mere dime on Friday.
Back Over The 50-dma
Closed Bearish Play | Wednesday, June 11th, 2003
The defense group is suddenly finding buyers again and we've been stopped out for a little better than break even.
Lack Of Action
Closed Bullish Play | Tuesday, June 10th, 2003
Sometimes stocks get left out of the action in the broad market, and that's certainly the case with this bullish play, which has been unable to bust a move after more than 3 weeks of trying.
A Mixed Bag of Retail
Closed Bullish Play | Wednesday, June 4th, 2003
CLE continues to shine while WFMI is starting to stink.
Closed Bullish Play | Monday, June 2nd, 2003
What looked like simple profit taking early in the day turned into a full-fledged rout by the closing bell.
Bulls Are Back
Closed Bearish Play | Monday, June 2nd, 2003
It wasn't clear on Friday which way this play would jump next, but we got our answer today as strong buying propelled the stock through resistance.
Closed Bearish Play | Saturday, May 31st, 2003
The bulls got an infusion of energy from some better than expected economic data on Friday and that was enough to break the descending trend on this bearish play.
Closed Bearish Play | Thursday, May 29th, 2003
Despite a big drop last week and continued economic weakness, this bearish play is back near its recent highs and it's time to let it go.
Closed Bullish Play | Tuesday, May 20th, 2003
Pharmaceutical stocks were the scapegoat of the day on Monday and the sector weakness didn't end on Tuesday. It took a bit longer to take effect, but the selling pressure expelled this bullish play from the pasture today.
Closed Bullish Play | Monday, May 19th, 2003
Traders weren't ignoring economic reality last week. They were just postponing it and the markets delivered a big dose of profit taking on Monday.
Closed Bearish Play | Tuesday, May 13th, 2003
Despite the classic consolidation day in the broad markets, some momentum favorites were back in vogue, with Internet stocks leading the way
The Last Straw
Closed Bullish Play | Tuesday, April 6th, 2003
Another day of relative weakness has earned SCHL a one-way trip to the dropped play list.
Pickup In Sales Lifts JCP
Closed Bearish Play | Tuesday, April 6th, 2003
Positive news led to a Monday morning spike in shares of J.C. Penney. The stock pulled back from the intraday highs but is still holding well above our action point. We're closing the play tonight.
Closed Bearish Play | Wednesday, April 30th, 2003
A sharp reversal in shares of Manpower has prompted us to close our inactive short play.
Closed Bearish Play | Tuesday, April 29th, 2003
Bears are on the defensive after TSG broke above resistance on Tuesday. We're closing this un-triggered short play tonight.
Closed Bullish Play | Friday, April 25th, 2003
CCU plummeted through our stop-loss on Friday, following a failed attempt to break above resistance.
AT&T Finally Bounces
Closed Bearish Play | Thursday, April 17th, 2003
Our short play in T was closed out for a double-digit gain on Thursday when the stock staged a rally from its multi-year lows.
Stopped Out Before Earnings
Closed Bullish Play | Monday, April 14th, 2003
Our long play in TBL has been closed for a 4.1% gain. The company announces its quarterly results tomorrow morning.
Brokerage Comments Trump Market Strength
Closed Bullish Play | Thursday, April 3rd, 2003
ZMH was hit with heavy selling on Wednesday after the stock was downgraded by Merrill Lynch. We've closed this un-triggered play, but will keep it on our radar screen for an eventual breakout to new highs.
Airlines Soar On Aid Speculation
Closed Bearish Play | Tuesday, April 2nd, 2003
The airline industry wanted up to $9 billion from Uncle Sam. Congress approved only a fraction of that amount on Wednesday, but sector stocks rallied anyway.
Closed Bearish Play | Tuesday, April 1st, 2003
In spite of an earnings warning on Friday, Cooper Tire has managed to rebound from its relative lows. We're closing this play at current levels for a small loss.
Nobody's Buying Best Buy
Closed Bullish Play | Friday, March 28th, 2003
A three-day selloff has taken its toll on BBY. This play was stopped out for a loss today after shares violated whole-number support.
TOO Much For the Bulls To Handle
Closed Bullish Play | Thursday, March 20th, 2003
Our retail play was stopped out for a gain today after shares fell below whole-number support in morning trading.
Closed Bearish Play | Tuesday, March 18th, 2003
It took a few days, but S and UHS finally responded to the broader market strength. Both plays were stopped out on Tuesday.
Those Pesky Dow Rallies...
Closed Bearish Play | Friday, March 14th, 2003
A 500-point reversal in the Dow Jones gave MWD bears fits over the past three sessions. Our short play was stopped out for a loss this morning as shares extended Thursday's gains.
Closed Bearish Play | Thursday, March 13th, 2003
KSS led the charge during an explosive retail sector rally today. Our short play was stopped out for a 4.6% loss.
Shutting the Door
Closed Bullish Play | Tuesday, March 11th, 2003
We're closing the door on these two bullish plays. One was not yet opened as we never hit the trigger point and the other has failed to respond.
Too Much Hot Air
Closed Bearish Play | Friday, March 7th, 2003
With APD holding above its relative lows and the oscillators turning bullish, we've elected to drop APD for a small gain.
JWN Hits Our Downside Target
Closed Bearish Play | Tuesday, February 25th, 2003
Nordstrom experienced a strong intraday rebound on Tuesday - but not before this short play was closed out for a 10.6% gain.
Closed Bearish Play | Friday, February 21st, 2003
With this stock holding above its relative highs, we've elected to close the play for a small loss.
Closed Bearish Play | Tuesday, February 18th, 2003
Despite looking technically weak, Whirlpool was pushed higher by the recent broader market gains. Our un-triggered short play has been dropped.
Playing It Safe
Closed Bearish Play | Thursday, February 13th, 2003
TSCO experienced a strong rally today after shares bounced near psychological support. Rather than waiting around to see if the bullishness will fade, we've elected to close the play at current levels.
This Forest Didn't Catch Fire
Closed Bullish Play | Tuesday, February 4th, 2003
Our long play in FRX was stopped out for a loss this morning. The stock has not been able to buck the overall bearish trend in the equity market.
Farewell to DLX
Closed Bearish Play | Tuesday, January 28th, 2003
With shares of Deluxe showing signs of technical strength ahead of Thursday's earnings report, we've closed this play for a gain of 3.1%.
Time To Ramble On
Closed Bearish Play | Monday, January 27th, 2003
The recent downtrend in CTAS may have finally run its course. Our short play has been closed for a hypothetical gain.
Two Bite the Dust
Closed Bullish Play | Monday, January 27th, 2003
The past two days of losses in the equity market have taken a toll on nearly every sector. Our medical device and insurance plays were both stopped out on Monday.
Up In Smoke
Closed Bullish Play | Friday, January 24th, 2003
This bullish play was closed for a small loss today after broader market weakness dragged RJR below our stop-loss.
Stryker Strikes Out
Closed Bullish Play | Tuesday, January 21st, 2003
SYK broke down and violated our stop-loss after several days of sideways trading. This play was closed for a small loss.
Gains Across the Board
Closed Bearish Play | Thursday, January 2nd, 2003
Today's widespread bullishness helped to push AIG above resistance. Our play was stopped out for a small gain.
Looking for older articles?