Monthly Archives: May 2009

Summary of picks from yesterday

Posted by Kamil on May 19, 2009
General / Comments Off on Summary of picks from yesterday

Yesterday’s picks turned out to be right on. Although with pathetic moves, AMD gained its way up. It has been trying to break its new resistance at $4.50 majority of the day. Unfortunately, I followed my plan and sold it in the morning to break even (including commission) because I did not have any more patience from watching it a day before. If I would have kept it for the day and trust my own gut, I could have made easy $0.2501 per share (or 6%). I hope some of you had more patience and easily profited on AMD. The lesson to be learned from this is that I’m very impatient trader.

AIB is hanging strong. Even though I intended to keep it for a longer period of time, I sold it with $0.26 per share profit (or 9%) because I needed net liquidity for other trades I did today. With that said, AIB is still a keeper and I will very likely get back into this stock some time this or next week.

Company Buy Date Sell Date Buy Price Sell Price Gain/Loss
AMD 5/18/09 5/19/09 $4.1399 $4.15
AIB 5/18/09 5/19/09 $2.89 $3.15 9%

Although single digit, 9% profit overnight is always nice.

Let me know what you think about those two picks in the comment box.

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Two picks: AIB and AMD

Posted by Kamil on May 18, 2009
General / Comments Off on Two picks: AIB and AMD

This is my first blog post here. As a friendly note, I assume no responsibility or liability for your trading and investment results. Do not forget, this website is solely for entertainment purpose only.

Today the trading day started with generally high buying demand and ended the same. My two picks for today are: AIB and AMD.

Company Buy Date Sell Date Buy Price Sell Price Gain/Loss
AMD 5/18/09 $4.1399
AIB 5/18/09 $2.89

All indicators aside, I think AIB is one of the financials that is undervalued. According to Zacks.com, in its first quarter trading update, AIB “announced that operating profits before bad debt provisions were higher than the year-ago quarter, reflecting strong performance of its Capital Markets and Global Treasury divisions.” That not to say that they do not have problems- they still experience declines in operating profits, net interest margins shrink, etc. The point is not many institutions are problem-less. As of the close today, the stock is at $2.90 so it is still a penny stock. Most likely it will be a longer term play for me.


AMD is a pure technical play. It has a major support somewhere between $4.07 and $4.12 (as indicated on the graph below). I bought it at $4.1399 hoping that it will break its trend of fluctuating and find its way up. It did surge, but not as high as I was expecting. The bears and bulls are still fighting. Depending on pre-market, I will most likely sell this stock in order to break even (including commissions).

amd-5-18-09

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Stock Alerts of the Week May 11 – May 15 2009

Posted by K on May 15, 2009
General / 2 Comments

WoW what a sea of sell signals there was this week. This is the longest sell list I have seen.
Of Course this meant BUY for the short ETF’s which you will see below with exception to ICE (not a short ETF) which seems to be in its own little world up in the ICE(y) north pole.

Picks of the week of May 11th to May 15th 2009

Symbol

Buy Date

Buy Price

Sell Date

Sell Price

$SPX

5-13-2009

905.40

$INDU

5-13-2009

8461.88

$COMPX

5-12-2009

1743.52

IWM

5-12-2009

50.82

SPY

5-13-2009

90.01

IYR

5-12-2009

34.00

AAPL

5-12-2009

129.71

BBT

5-11-2009

25.02

BCS

5-12-2009

16.87

BAC

5-13-2009

11.95

ICE

5-12-2009

93.28

ING

5-13-2009

9.56

FAZ

5-14-2009

5.81

F

5-12-2009

5.77

SDS

5-13-2009

59.68

SRS

5-13-2009

22.81

SSO

5-13-2009

25.02

SKF

5-13-2009

47.37

UYG

5-13-2009

3.92

URE

5-12-2009

3.97

URG

5-14-2009

1.04

UNG

5-15-2009

16.19

JNK

5-15-2009

33.60

HYG

5-13-2009

76.52

FSLR

5-13-2009

187.05

V

5-12-2009

65.85

ICO

5-13-2009

2.93

TZA

5-13-2009

28.36

I hope you are enjoying the picks so far. Without suggestions and comments I cannot improve this blog so I strongly encourage comments.

-K

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S&P Rising Wedge Pattern

Posted by K on May 12, 2009
Market Analysis / Comments Off on S&P Rising Wedge Pattern

I wanted to post this chart of the S&P with the following indicators added.
Bollinger bands with 2 SD’s and also the 36MA.
It is a 4 hour interval so every candlestick represents 4 hours.
2 candlesticks equal to a full day so that eliminates a lot of noise and allows me to see what happened the first part of the day and the last part.

I did get a temporary sell signal on the S&P today but that was before the second candlestick closed so it is not yet a Sell.
As always I will update the latest signals every weekend until I find more time to update more often.
(Click the chart to enlarge)

spx-5-12-09

I hope you enjoy this chart and I really want your opinions on what to do with the direction of this blog and the types of things I post.

-K

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Stock Alerts of the Week May 4 – May 8 2009

Posted by K on May 08, 2009
General / Comments Off on Stock Alerts of the Week May 4 – May 8 2009

Last week’s picks have so far turned out to be good. DRYS is up almost 30% since signal.
Let’s move to the score card.  5 positive gains of over 10% each. BAC signal got changed to a buy from a sell just 2 cents difference, and $BKX is acting up in my charting software so I will just eliminate it from watchlist.

Picks of the week of May 4th to May 8th 2009

Symbol

Buy Date

Buy Price

Sell Date

Sell Price

QQQQ

5-7-2009

34.29

BAC

5-4-2009

8.82

REW

5-7-2009

48.31

MOV

5-5-2009

8.98

DRYS

5-8-2009

8.36

URE

5-8-2009

3.70

CFX

5-7-2009

8.50

I hope you are enjoying the picks so far. And just let me know about any suggestions on the comment box

-K

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First Forward Testing of the system a Success [MOV]

Posted by K on May 07, 2009
General / Comments Off on First Forward Testing of the system a Success [MOV]

Forward testing is when you use a strategy and instead of back-testing it with previous data you actually test it going forward and preferably with real money.
For my new system MOV became that victim stock to be tested.

I first got a buy signal on  April 17 2009 (Bought on the 20th at market open), i got in at 7.67.
I got a sell signal on May 5th 2009  and I sold at  8.81 with a market order.

I got about 14% profit on a 19 day long trade.
I don’t have a chart to post with this one but just wanted to say this first forward testing trade worked well.

Here’s to more good trades.

-K

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Stock Alerts of the Week April 27 – May 1 2009

Posted by K on May 03, 2009
General / Comments Off on Stock Alerts of the Week April 27 – May 1 2009

As I stated in my latest blog post I wanted to begin giving stock picks based on my trading system.
I have created a page above with all the picks and wouldn’t mind people asking for symbols to put on watch list.

I will also try to post a week in review with the signals given out for the week.
Here are the picks for April 27 to May 1st 2009

Symbol

Buy Date

Buy Price

Sell Date

Sell Price

$BKX

4-27-2009

34.54

BAC

5-1-2009

8.84

DRYS

4-30-2009

6.72

ICE

4-29-2009

84.14

ING

4-29-2009

8.34

UNG

5-1-2009

13.72

ICO

4-29-2009

1.90

As always these are picks but I am not responsible for any financial losses you make following these picks. I wouldn’t mind a share of your gains though.

-K

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