man, brokerages getting skinny on equity shorts, been selling naked calls
zstock
· 1 year ago
TV --here's what TV said earlier-- i mean with no real bad news today, the markets just shouldnt be down this much cant they at least punish it on bad news days?
the bad news came from CNBC saying no bail out for ABK and MBI-- that's why the market is down just another way of trading the rumor and not the news--- Oh ok--TV you are right--there is no news--it's a rumor-- zee
TV107
· 1 year ago
shorts right now are supremely confident
they need to shake that up a little by monster afternoon reversal led by QQQQs
TV107
· 1 year ago
we should just banish financials from the nyse and us markets and move them to the iceland exchange or new zealand
Greschian
· 1 year ago
etfc nicely above 5
bjc
· 1 year ago
Should've known ETFC is higher.
Scibby hasn't been around saying I told you so.
TV107
· 1 year ago
they say lows are in for the day on the squawk now
TV107
· 1 year ago
for 2 weeks, since that day we put in double bottom, i've felt 133 on the SPY is super strong approx support/resistance line
TV107
· 1 year ago
wow...if market was strong, with oil up this much, they would be rockin
TV107
· 1 year ago
solars im talking bout
TV107
· 1 year ago
well lows broke...trip bottom didnt hold spaced out every 30 minutes
TV107
· 1 year ago
i should have listened to the chicago futures pits squawk box
the big boys kept selling and selling this morning
i simply cant believe we cant have one decent day and a strong close all week
guest
· 1 year ago
TV, how can I listen to the futures pits squawk box. Can you let me know the webpage?
TV107
· 1 year ago
i have a subscription to www.tradethenews.com i got an equity channel and a futures pits channel
futures pits guys are great
guest
· 1 year ago
Thanks.
tradeking08
· 1 year ago
What's up with STP???
TV107
· 1 year ago
i mean with no real bad news today, the markets just shouldnt be down this much cant they at least punish it on bad news days?
zstock
· 1 year ago
CAL is way too high:: its a short
beanieville
· 1 year ago
AAPL is an overnite daytrading short near 125
beanieville
· 1 year ago
RIMM is an overnite daytrading short here 89.2 or better
beanieville
· 1 year ago
If you get decent profits afterhours, do take them... i have a feeling the market is due another rally on monday.
beanieville
· 1 year ago
these two are not my favorite overnites...i was away and missed the entry points...i really want to long them rather than short...but they are overbought the last 15 minutes now.
beanieville
· 1 year ago
actually, let's get rid of RIMM
beanieville
· 1 year ago
if you're already in...it's ok...
beanieville
· 1 year ago
i'm looking at the 30 minutes charts and these two stocks are nearing resistance...i have a feeling they will gap higher above it....
beanieville
· 1 year ago
That's ok if you shorted them...if they gap higher, we'll fade the gap on monday.
beanieville
· 1 year ago
Have a great weekend!
srains99
· 1 year ago
Mike,
We not really deep in the green at the moment.
I have been thinking about your problem. Maybe you suffer from some sort of "Analytical Dyslexia". You look at a chart and your seeing sell when it says buy, short when it says long. This would explain everything.
Adam_G
· 1 year ago
LOL!
zstock
· 1 year ago
S-rains "Analytical Dyslexia". or "Analytical Dimencia" ? zee
Docqb
· 1 year ago
that's dementia and you're pretty close Z
zstock
· 1 year ago
i looked the spelling up on google--you mean i still got it wrong----?/?////
Docqb
· 1 year ago
that's ok, you got the important stuff right..lol
fortune8
· 1 year ago
LMAO !!!
gio wants the batton so he can start clubbing Mike
Mike
· 1 year ago
blah blah blah blah, you have a full mouth of my cum.
Adam_G
· 1 year ago
TK is buying equity calls now.
zstock
· 1 year ago
I posted a scenario (blog) -with indicators-- say the qqqq is heading to lower lows--- I wonder if the q'S will do that scenario? hmmm zee
308Uaint
· 1 year ago
Beannie, I have not done my required reading, so i will ask you... is the reason STP is hurting more than others lately due to the recent 'psychological' shift that thin film is the future and silicon is not? ie FSLR and others use thin film etc? STP is silicon based technology only, am i right?
bjc
· 1 year ago
STP hasn't done that much worse..maybe in the past week or so it has.
But every solar (pretty much) has been cut in half, so I don't really think STP has done bad at all.
Probably a tremendous buying opp in STP, IMO.
I've got a little FSLR puts, but I'm hoping for a major rally this afternoon so I can get some more to hedge my position in CSIQ. If FSLR announces great earnings, then great, CSIQ should fly. If not, I want to have a bunch of FSLR puts to protect my downside.
308Uaint
· 1 year ago
this came out today too:
FSLR] Today 11:19am First Solar Inc. Friedman Billings Initiates FSLR with Market Perform, price target: $155
[STP] Today 11:19am Suntech Power Holdings Friedman Billings Initiates STP with Market Perform, price target: $50 (timing uncertain)
zstock
· 1 year ago
USO buying feb 73 puts and Mar 80 puts zee
zstock
· 1 year ago
major short signal at 72.9-- that's why everytime USO tries to go above that ::it keeps failing zee
fortune8
· 1 year ago
i think you are a little early
USO showing piercing line bullish on candlestick pattern
zstock
· 1 year ago
i think you are a day late-- we'll see on Monday-- who's the pro and who's not hahahaa zee I hope I don't have to buy you a latte::
fortune8
· 1 year ago
I say USO can hit 74 by next week
zstock
· 1 year ago
i say it can hit 62 in the next weeks
intuitivetraders
· 1 year ago
I say this is one fun battle. I'm going to short USO too, but waiting for Monday to see how it works out. Today had all kinds of low volume non-sense = not a good day to open any new positions, at least by my rules.
I don't think USO gets to 80 any time soon, but $74 would be my stop so I wouldn't have to worry about that anyway.
-gio
fortune8
· 1 year ago
74 is not the stop, it is the short entry
intuitivetraders
· 1 year ago
One man's stop is another man's entry. Well... you can have my shares when it reaches there because that's my stop.
I'll check the internals over the weekend... maybe I'll change my mind. I'll post a chart over at my blog. ciao!
zstock
· 1 year ago
I say 4 out of 5 dentists recommend shorting USO after it gaps up ''' like today-- 4 out of 5 times USO was down the next day after a gap up-- zee
zstock
· 1 year ago
STP is under the 200 day-- historically it takes STP 2 or 3 weeks to get back above the 200 day--- so I guess STP is going to be 42/44 to 51 for awhile
fortune8
· 1 year ago
I like that 42 mark and where I would begin my next nibble.
Did you hear that Winace from TK is done?
zstock
· 1 year ago
what?
fortune8
· 1 year ago
go there and read it
he is done
intuitivetraders
· 1 year ago
Dude... I read that. That sux.
zstock
· 1 year ago
ORCL on the buy watchlist
fortune8
· 1 year ago
i wonder if penny works for some firm and is here pumping the stock so he can dump it when it runs up.
Adam_G
· 1 year ago
That's my guess.
beanieville
· 1 year ago
i think STP is worth owning some if you don't have a long term position.
45
beanieville
· 1 year ago
the stock is more oversold than fruitcakes. It should go higher from here.
If you don't have an options friendly broker, don't try to do these because you will lose money.
beanieville
· 1 year ago
all dips on SPWR should be bought... it has all the ingredients to become one of the solar intels.
beanieville
· 1 year ago
die market die!!!
troutslanding
· 1 year ago
sometimes i wonder whose side you're on. are you schizo?
beanieville
· 1 year ago
lol
Being a multi-dimensional trader can make one appear like a schizo. There are all sorts of traders reading this blog and i try to accommadate everyone.
fortune8
· 1 year ago
he is a day trader
when he is in cash, he wants the market to tank to buy low
when he is invested, he wants the market to rise to sell high
beanieville
· 1 year ago
die RIMM die!
fortune8
· 1 year ago
good call on RIMM
I played this one
fortune8
· 1 year ago
I cannot believe I keep missingn out on WYNN
121 is a short
fortune8
· 1 year ago
AAPL looks like a short too
ran into resistance 124.92
Adam_G
· 1 year ago
Nice!
fortune8
· 1 year ago
go AAPL !!!
just don't close above 130 next Friday
hehe
beanieville
· 1 year ago
ok folks..you got profits ..i think you need to start taking them....
beanieville
· 1 year ago
RIMM right here near 88 is a short
fortune8
· 1 year ago
PBW feb22c 100% loss guarantee !!!
no one even wants to buy it for $0.35
haha
guest
· 1 year ago
F8, do you have any solar stocks?
fortune8
· 1 year ago
I own PBW, LDK, TSL in my daughter's long term account.
And very small shares of STP purchased at 66
guest
· 1 year ago
Me too. I have many STP shares due to Beanieville's recommentation. But it's OK. I think we'll be fine in this summer.
guest
· 1 year ago
Solars really weak nowadays.
fortune8
· 1 year ago
weak is an understatement
guest
· 1 year ago
haha..
beanieville
· 1 year ago
I'm not sure if the SPY is forming the corkscrew or the inverted corkscrew.
Probably an inverted corkscrew -meaning we gonna go down soon.
beanieville
· 1 year ago
I love splits! Traders doesn't realize that they're actually paying $3 higher for JASO... before you know it, the stock will be at 20 (equal to 60 yesterday).
fortune8
· 1 year ago
at this rate, I am going to lose my DRYS shares :-(
someone short it please so it go down
beanieville
· 1 year ago
goodbye CME
beanieville
· 1 year ago
i am now done with it.
beanieville
· 1 year ago
hold AAPL a little longer....it could get you at least 5 bucks today.
beanieville
· 1 year ago
or it may not.... but i would sell 1/2 and ride the other half
beanieville
· 1 year ago
AAPL could even get you $8 today
beanieville
· 1 year ago
Just realized that today is friday. When was the last time we had a very strong close on a friday?
Docqb
· 1 year ago
not in a long time
srains99
· 1 year ago
Last Friday
beanieville
· 1 year ago
I'm all out of AAPL, being that it's a friday...
I'm pretty much done.....but will be lurking to see any big moves today.
fortune8
· 1 year ago
As I look at First Solar (FSLR), I can’t help but notice the technical damage done to them. They’ve fallen almost 50 percent in value. That’s a HUGE drop. But considering they moved from $40 to $280 in under a year’s time, this move down isn’t that shocking.
But what gets me is that even with that drop, they are very, very expensive. This company should make a gross profit of about $200-$250 million this year. Yet their market cap is $13 billion!
Now ask yourself this - would you buy a company for $13 billion if it were going to give you around $250 million this year?
There are plenty of other solar companies out there that are cheaper, stronger financially, and have something that sets them apart from the competition. Unfortunately, this company isn’t one of them.
i would, as long as they earn me 500 million next year.
Guest
· 1 year ago
Fortune8, who are your fave's in the solar sector based on fundies at this time? Thanks
fortune8
· 1 year ago
if you want to invest longterm, then buy PBW or GEX.
if you want to trade for volatility, then FSLR, SPWR, JASO, STP
beanieville
· 1 year ago
The dollar is gaining momentum...
I see this as great for the US Stock market.
srains99
· 1 year ago
I was thinking of going long on the dollar, what are your thoughts?
beanieville
· 1 year ago
Yes! It has already bottomed.
ctrades
· 1 year ago
I went long on Silver bullion at 12-13 price range last fall. I bought 2000 oz in 10 and 100 oz bars. I think the dollar is in alot of trouble for years to come. America took advantage of borrowing and in the same time Asia became strong.
beanieville
· 1 year ago
The dollar has bottomed.
scibby
· 1 year ago
a strong dollar is not good for earnings.... most of the global companies have not suffered declines in earnings due to exchange gains...
let the dollar get stronger and will deepen recession problems. Just my opinion.
cheers
srains99
· 1 year ago
I agree and I think where the dollar is now is pretty good. Still weak against other currency so exports are good and investing in the US is still attractive but not so weak as to cause panic. If it is too weak, it also increases inflation concerns.
lisa
· 1 year ago
Dollar firms up, oil price comes down, the inflation gets contained, the stock market for sure is getting stronger.
beanieville
· 1 year ago
I believe a strong dollar is very good for the US stock market. If the dollar gets weaker, foreigners will take their money elsewhere and invest in something like the Euro. A strong dollar actually brings in more foreign investors.
As the dollar firms up, it may cause the stock market to dip initially in the short term, but longer term it is very beneficial to the US stock market.
beanieville
· 1 year ago
We are gonna go higher at least in the morning....
Note that we are very oversold in both the short and intermediate time frame. Unless we're headed for a crash, we should rally.
Get ready to buy
crocodile
· 1 year ago
Beanie, any feelings on JASO this morning ????
beanieville
· 1 year ago
looking great this morning. Up 60 cents today equals to $1.80 pre split. Very nice.
bjc
· 1 year ago
Bought a small amount of MOS and POT puts. $80 strike for $0.60 for MOS puts and $130 strike for $2.10 on POT. I think these stocks are taking a massive dump today.
guest
· 1 year ago
According to Tuaw.com (insider information), Apple Event will start this month (the end of Feb).
ski
· 1 year ago
still holding tssp anyone?
fortune8
· 1 year ago
that is a name from beanie's old solars pumpind days !!!
I have $200 worth.
ski
· 1 year ago
yes..i think i have a quarter million shares..lol.
arun21
· 1 year ago
Yes. Half million shares here! :) still up though.. bought in at .0006!!
solar
· 1 year ago
solars should close strong today...USO is going up up
penny
· 1 year ago
NUBV....forming a base right here to go to newer highs...Go NUBV..
new HANS in the making
BM1087
· 1 year ago
ADS - Some of you may have followed my recommendation to purchase ADS recently at around 40 ~ 44 and had asked my exit point. ADS reached my exit point of 60 today as the blackstone upside is somewhat dead. I sold and took profits. I recommend the same or at least sell half and let the rest ride. Even though ADS had good earnings, in this market, take profits when you can. All the best, BM.
Greschian
· 1 year ago
too bad I followed from the sidelines
penny
· 1 year ago
Guys chart setup is similar to WNBD and GSPG...if u did penny trades u know what i am talking about ...WNBD went from 0.0003 to 0.03...in less than few months...
Get in for the ride
penny
· 1 year ago
I am talking about NUBV...penny monster out there...
krishna
· 1 year ago
Any thoughts on elon..good buy @ 13
crocodile
· 1 year ago
Beanie , does RIMM look like its about to roll over ????
penny
· 1 year ago
NUBV closed today at 0.001 with high volume...alerted the board at 0.0003 last week...
Its going to 0.03 like WNBD in a months time...see the charts ...don't miss it...just buy $2K worth of it...
looks like a bunch of people .. already jumped ship from ebay and smartened up
zstock
· 1 year ago
i'll let you know what my numbers are on my site---- I'm about to increase my traffic there by 1000X
fortune8
· 1 year ago
I don't go to beanie's main site anymore. Sure I missed out on the pics but there are plenty more out there. Any sites that does not load in 10 secs, I avoid like the plague. Basic web design 101. But then, most people don't design to perform, they design so that there can be future bug fixes.
Everyone wants to make money from adds. Adds are okay as long as they are not intrusive. Follow the google example.
Mike
· 1 year ago
If we close deep green I need someone to suck my dick tonight.
Mike
· 1 year ago
The market is rallying back hard now. I think some people really enjoy sucking my dick.
srains99
· 1 year ago
Thanks, I was worried about the rally until your post reassured me that we will be down today.
I think hanging man is my favorite...... lol
i mean with no real bad news today, the markets just shouldnt be down this much
cant they at least punish it on bad news days?
the bad news came from CNBC saying no bail out for ABK and MBI--
that's why the market is down
just another way of trading the rumor and not the news---
Oh ok--TV you are right--there is no news--it's a rumor--
zee
they need to shake that up a little by monster afternoon reversal led by QQQQs
Scibby hasn't been around saying I told you so.
the big boys kept selling and selling this morning
i simply cant believe we cant have one decent day and a strong close all week
i got an equity channel and a futures pits channel
futures pits guys are great
cant they at least punish it on bad news days?
its a short
We not really deep in the green at the moment.
I have been thinking about your problem. Maybe you suffer from some sort of "Analytical Dyslexia". You look at a chart and your seeing sell when it says buy, short when it says long. This would explain everything.
"Analytical Dyslexia". or "Analytical Dimencia" ?
zee
gio wants the batton so he can start clubbing Mike
say the qqqq is heading to lower lows---
I wonder if the q'S will do that scenario?
hmmm
zee
I have not done my required reading, so i will ask you... is the reason STP is hurting more than others lately due to the recent 'psychological' shift that thin film is the future and silicon is not? ie FSLR and others use thin film etc?
STP is silicon based technology only, am i right?
But every solar (pretty much) has been cut in half, so I don't really think STP has done bad at all.
Probably a tremendous buying opp in STP, IMO.
I've got a little FSLR puts, but I'm hoping for a major rally this afternoon so I can get some more to hedge my position in CSIQ. If FSLR announces great earnings, then great, CSIQ should fly. If not, I want to have a bunch of FSLR puts to protect my downside.
FSLR] Today 11:19am
First Solar Inc. Friedman Billings Initiates FSLR with Market Perform, price target: $155
[STP] Today 11:19am
Suntech Power Holdings Friedman Billings Initiates STP with Market Perform, price target: $50 (timing uncertain)
zee
that's why everytime USO tries to go above that ::it keeps failing
zee
USO showing piercing line bullish on candlestick pattern
we'll see on Monday--
who's the pro and who's not
hahahaa
zee
I hope I don't have to buy you a latte::
I don't think USO gets to 80 any time soon, but $74 would be my stop so I wouldn't have to worry about that anyway.
-gio
I'll check the internals over the weekend... maybe I'll change my mind. I'll post a chart over at my blog. ciao!
''' like today--
4 out of 5 times USO was down the next day after a gap up--
zee
historically it takes STP 2 or 3 weeks to get back above the 200 day---
so I guess STP is going to be 42/44 to 51 for awhile
Did you hear that Winace from TK is done?
he is done
45
http://www.schaeffersresearch.com/commentary/ob...
I am curious, what solars do you currently hold as of this moment in your long term portfolio?
You continue to recommend solars left and right and they continues to fall.
Just want to know if you are eating your own cooking.
100dma = 42 for STP for a weekly chart
fslr, stp, spwr, jaso, ldk, solf, pbw, emkr, sol
holly cow !!!
either you have done your homework or you are really in love.
i think someone predicted we would close deeply green today
notice that i put on my shorts
DOW = 12k
die FCX die !!!
gotta rocket
with amzn leading on news, qqqqs will breakout
i feel sorry for those who sold below 40
got over $1.25 up average from presplit close
Tuesday:
AMAT, BWLD, EXPD
Wed:
BIDU, DAKT (Before market opens), GENZ
Thursday:
CRAY, CMCSA (Before market opens), MAR (Before market opens), UBS (Before market opens)
Have a good weekend everyone!
zee
http://en.wikipedia.org/wiki/Butterfly_(options)
If you don't have an options friendly broker, don't try to do these because you will lose money.
Being a multi-dimensional trader can make one appear like a schizo. There are all sorts of traders reading this blog and i try to accommadate everyone.
when he is in cash, he wants the market to tank to buy low
when he is invested, he wants the market to rise to sell high
I played this one
121 is a short
ran into resistance 124.92
just don't close above 130 next Friday
hehe
no one even wants to buy it for $0.35
haha
And very small shares of STP purchased at 66
But it's OK. I think we'll be fine in this summer.
Probably an inverted corkscrew -meaning we gonna go down soon.
someone short it please so it go down
I'm pretty much done.....but will be lurking to see any big moves today.
But what gets me is that even with that drop, they are very, very expensive. This company should make a gross profit of about $200-$250 million this year. Yet their market cap is $13 billion!
Now ask yourself this - would you buy a company for $13 billion if it were going to give you around $250 million this year?
There are plenty of other solar companies out there that are cheaper, stronger financially, and have something that sets them apart from the competition. Unfortunately, this company isn’t one of them.
source: http://stockideas.org/content/view/1385/86/
if you want to trade for volatility, then FSLR, SPWR, JASO, STP
I see this as great for the US Stock market.
let the dollar get stronger and will deepen recession problems. Just my opinion.
cheers
As the dollar firms up, it may cause the stock market to dip initially in the short term, but longer term it is very beneficial to the US stock market.
Note that we are very oversold in both the short and intermediate time frame. Unless we're headed for a crash, we should rally.
Get ready to buy
I have $200 worth.
new HANS in the making
Get in for the ride
Its going to 0.03 like WNBD in a months time...see the charts ...don't miss it...just buy $2K worth of it...
NUBV:
http://stockcharts.com/h-sc/ui?s=nubv&p=D&b=5&g...
WNBD:
http://stockcharts.com/h-sc/ui?s=WNBD&p=W&b=5&g...
Don't miss once in a life chance...
I think it is what the goal is---
Zee
http://www.thechartpatterntrader.blogspot.com/
his page loads fast too---
http://www.rejuvenation.com/
http://www.eatlikeanative.com/
This one
http://www.hewnandhammered.com/
looks like a bunch of people .. already jumped ship from ebay and smartened up
I'm about to increase my traffic there by 1000X
Everyone wants to make money from adds. Adds are okay as long as they are not intrusive. Follow the google example.
srains99 uses batton to beat up Mike
LMAO !!!