Guess Whoes Back In America?! And Banked $3700 in the Last 2 Trading Sessions on Stock Picks CWTR and More!
Sep 8, 2011 Stock Pick
Whats up people. This is my first blog in quite a while as I just got back from my overseas travels to Australia, Thailand, and Malaysia for my 27th birthday. Cruised around with one of my best friends from highschool for 3 weeks it was awesome. Didn’t work or trade whatsoever.. It was great! I’ll admit i was definitely ready to come home after 3 weeks out of the country tho. I was on my way home flying out of Phuket, Thailand when next thing you know im sitting on this stupid airplane in the airport for 2.5 hours before we take off… This lead to me missing my connecting flights which lead to me not being able to get any flights home for another 2 days! WTF! I was pretty pissed i was set on coming homing.
I ended up getting stuck in Kuala Lumpur, Malaysia actually in a pretty nice free hotel with breakfast, lunch, and dinner included for 2 nights. But still, Screw that i wanted to come home haha… Only thing cool about malaysia was that i got to see the Petronas Towers which were the tallest buildings in the world until 2004 when the taipai 101 went up. These things were HUGE! Heres me @ the towers
Thailand was really cool tho. Phi phi island and Koh Phangan were the two most fun places of all of them. Anyways, Enough about my travels.. Back to work ..
Heres my closed profits for the last 2 sessions. +$3,689
Stock Pick Video: CWTR, MELA, MTG, PBY, FCEL
Technical Analysis Day Trade Review: Another Day of HUGE PROFITS FOR BLACK SERVICE MEMBERS! LVLT, MTG, HERO
Oct 30, 2008 Day Trading, Small Cap Stock Picks, Technical Analysis
It was another volatile day in the markets as every one was cautious over the FED’s announcement of the 1/2 point rate cut which we all knew would likely happen. Most often the markets sell off on news like this if it is already expected to happen and known in the market. The Stock Market discounts future events that are expected. Its the surprises that spark a huge sudden move in the market. This is known as the buy the rumor sell the news theory.
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We made some Big Trades today for our black service members and pulled in some big gains making this a hugely profitable week. The stocks traded today were LVLT, ARRS, SOLF, MF, MTG, and HERO. I’ll highlight some of the big winners.
Day Trading Stock Pick #1 – LVLT
I bought LVLT yesterday right near the close in hopes that we would see the breakout of the ascending triangle at $1/share today and we sure did. Unfortunately i was planning on buying some more today if price did in fact breakout above $1/share yet slept in about 45 minutues to much and missed the breakout. But at least i still caught it and made an awesome 22% gain. There was horizontal resistance around 1.20/share which is where i wanted to take profits.
Technical Analysis:
Day Trading Stock Pick #2 – MTG
Next stock we tackled was MTG which was breaking out from another ascending triangle pattern (aka: my favorite and most reliable pattern) and i hopped in and alerted black service members to go long at 2.20. Price ramped up quickly on increased volume. I took my profits quick and sold at 2.35 and 2.71 near horizontal resistance. Price ran as high as 3.70 share even! Could have made some huge money on this if you bought on the breakout and sold at the top! But thats the fantasy world, no one does that except very rarely.
Technical Analysis :
We also made a quick trade on HERO bought at 7.05 and sold at 7.32 near the close. I had some excellent looking positions in ARRS, SOLF, and MF moving into the fed announcement yet got stopped out on the volatility after the 1/2 point cut.
arrs -buy: 6.06 Sell:6.12
solf- Buy: 5.12 Sell: 5.06
mf – Buy: 3.35 Sell: 3.27
Tags: arrs, ascending triangle, Day Trading, hero, lvlt, mf, mtg, solf, stock market
