Weekend Updates

As I mentioned on Friday, Funds dumping due to Russell 3000 delisting. Nothing fundamentally different about the company. This is just typical action, over 100 companies are delisted. It happens once every year. Don't panic, it will recover on Monday and Tuesday.

금요일 마지막 시간에 ACLS, VG, SIRI 등 가격이 떨어지는것 보고 많이들 놀라셨죠?
일년에 한번있는 Russell Reconstrution 이었습니다. 너무 걱정 마세요. 곧 돌아 옵니다. :)
또한 월요일날 잘 찾아보시면 좋은 가격에 들어갈수 있는 좋은 찬스가 있을 수 있습니다.

Also, we shoud see Golden Cross on late Monday or possibly on Tuesday and that should take us to 8600++ for DOW.

*Golden Cross - The Golden Cross is a bullish signal generated when when the 50-day moving average crosses above the 200-day moving average.

제 생각에는 다우가 월요일, 화요일까진(?) 사이드로 움직이다가 8600-8700 point 사이 까지 올라갈수 있다고 봅니다. 그 후에 또 어느정도 내려가겠지요. 연말에는 (8-9월정도 시작) 항상 마켓이 어느정도 조정기간을 갔습니다. 그 전까진 계속 uptend 를 따라 가지 않을까 생각합니다.

-Market Hunter-

June 3rd Review

Positions traded for a gain : sold BEE for 15.88% $3700 gain
Positions traded for a lose : none

Holding positions : MPG / VG / NWD / ACLS / BQI / MXC / DPTR / FTK / ANDS

Stock market today was just an exptected day after four day rallys. Down fell 66 points, S&P fell 1.4% and NASDAQ only fell 0.6% on worse-than-expected data on factory orders, services. Most important thing today was that Dow holding well above 8600 mark and closed really strong end of the day. I think we move higher tomorrow. However, this week we going to face more tests as retailers report May sales results Thursday and as the Labor Department releases jobs data Friday. The monthly jobs report is one of the most closely watched indicators of the economy's health.



Let's talk about today's trading here. I sold BEE today for $3700 gain. I think it will move higher tomorrow but locked my nice profits here.

and I pickep up some ANDS today morning at 2.11, Few viable cancer drug company, bio momo and oversold. I posted charts below this review, do you see that nice charts set ups? We need to see 2.30 first and next stop is $3

-Market Hunter-

May 27th Review

Positions traded for a gain : sold WEL for $100gain / EFJI for gain $1,200
Positions traded for a lose : sold OPEN for $1000 loss / ATRC for $0 loss

Holding positions : MPG / VG / NWD / ACLS / CROX / BEE / BQI / MXC / SQNM / SMCG

Today Dow up 196 points and major stock indicator jumped more than 2% after a research group said consumer sentiment rose in May to the highest level since September. This jumped tells me that it could show similar quick reaction with bad news, I'm still cautious with confidence.

VG up 21% with good volumn.
MPG up 11%
ACLS up 9% with good volumn last hour, another patience play like VG
BQI up 7.5% closed @1.01. This is good sign that above $1

I bought 2 more stocks today.

SQNM - I think bottom is in and this is not a day trade stock. We need little more patience, presentation in ASCO this week.

SMCG - I'm looking for $2 this week. India momo play, chart looks good, bidder was showing up last trading hour. It should gap up tomorrow.

오늘 미국 소비자 신뢰 개선 소식에 장이 일제히 올라, 다우가 196포인트나 상승했습니다.
오늘 대부분 홀드가 잘 되었다고 보여집니다. 아직 마켓이 안정적이지 못해, 조금만 뉴스에도 크게 변동이 심해 보입니다. 언제나 수익 챙기시는거 잊지마세고, greedy 하지 마시고요.
내일 bad news 만 없다면 잘 홀드 할수 있는 하루가 될것 갔습니다.

Good Luck

-Market Hunter-