June 29th Review - Market rallied because of Madoff case?

Positions traded for a gain : none
Positions traded for a lose : none

Holding positions : MPG / VG / NWD / FTK / GNVC / KFN / MGM / CRXX / NXXI / ACLS / ONSM / PDO / XOMA / URRE

Stocks rallied Monday as convicted Ponzi swindler Bernie Madoff received the maximum sentence and oil topped $71 a barrel.

The Dow Jones Industrial Average rose 90.99, or 1.1 percent, to close at 8,529.38, while the S&P 500 gained 0.9 percent and the Nasdaq added 0.3 percent.

Market rallied because of Madoff case? I don't think so, the market is just trying to make money anyway possible. As I mentioned before, market is uptrend till August.

We will have to see what happens tomorrow to find out real move.

WINNER TODAY
PDO - up nicely with oil momo, nice AH actions, expect to gap up tomorrow
Don't forget this week is holiday and hurricane season is here. OIL UP UP UP.

NEW PICKS TODAY
URRE - been watching this for long time, nice chart set up for next round(run).


-Market Hunter-

June 26th Review

Positions traded for a gain : none
Positions traded for a lose : none

Holding positions : MPG / VG / NWD / FTK / GNVC / KFN / MGM / CRXX / NXXI / ACLS / ONSM / PDO / XOMA

Added VG at .39 and going to sell high .40s hopefully.

The Dow capped another down week with a loss Friday as investors shrugged off a surge in consumer sentiment and instead focused on the fact that consumers are squirreling away their money at a feverish pace. But techs gained after encouraging earnings from Palm.

The Dow Jones Industrial Average lost 34.01, or 0.4 percent, to close at 8,438.39. The S&P 500 fell 0.2 percent, while the tech-heavy Nasdaq gained 0.5 percent.

Funds dumping due to Russell 3000 delisting. Nothing fundamentally different about the company. (VG, ACLS, XOMA, SIRI and many others)
http://www.russell.com/indexes/membership/Reconstitution/Reconstitution_changes.aspx

Don't worry guys, it will recover soon, they are just re-blancing.

오늘은 시간이 없어서, 다들 좋은 주말 보내시고 주말에 다시 글 올리겠습니다.

June 24th Review

Positions traded for a gain : SOLD LMDIA for 0.84% $220 gain / CNLG for 10.14% $1120 gain
Positions traded for a lose : none

Holding positions : MPG / VG / NWD / FTK / GNVC / KFN / MGM / CRXX / NXXI / ACLS / ONSM / LEA

The Federal Reserve's decision Wednesday to keep interest rates low because of the weak economy took the air out of a stock market rally and heightened concerns that some of Fed Chairman Ben Bernanke's "green shoots" were turning brown.

Stocks started the day sharply higher after the Commerce Department reported that Durable Good Orders rose 1.8%, compared to expectations of a 0.9% decline. It was the 3rd gain in 4 months for the report. However, new home sales fell 0.6% in the month of May, disappointing the market like the existing home report the day before.

By the closing bell, the major indices finished mixed on the day. The Dow Jones industrial average fell 23.05, or 0.3%, to 8,299.86. The Standard & Poor’s 500 index rose 5.84, or 0.7 percent, to 900.94, and the Nasdaq composite index advanced 27.42, or 1.6%, to 1,792.34. The Russell 2000 index of smaller companies gained 5.18, or 1.1%, to 494.95.

정말 어디로 튈지 모르는 장세입니다. 여차하면 포폴 정리하시는거 있지마시구요, 마켓은 한 방향으로만은 절대 움직이지 않습니다. 다른쪽도 계산 하시면서 하시길 바랍니다. 아직 많은 trader 들이 갈피를 못 잡고 있는것 같습니다. 갈팡질팡, 신중한 상태로 보입니다.


Today's Winner
CNLG - my last week play which I failed and I revenged this time, on my radar again with some volume. Yes, didn't miss it, made quick 10%+ less than 20mins.
마켓이 어렵고 힘들어도 이렇게 돈을 만들어 주는 스탁은 꼭 있습니다. 내일도 보물을 찾아서~

NEW POSITION TODAY
LEA - this was $2s stock two weeks ago, nice chart set-up great R/Rs, down too much and follow the trend, market always reverse, I think this is the time.

-Market Hunter-

June 23rd Review

Positions traded for a gain : SOLD ONT for 4.65% $500 gain
Positions traded for a lose : SOLD DSCO for 8.85% $900 loss, COIN for 9.63% $1040 loss and YRCW for 24.76% $2600 loss

Holding positions : MPG / VG / NWD / FTK / GNVC / KFN / MGM / CRXX / NXXI / ACLS / ONSM

Investors are holding off making big moves while they wait for the Federal Reserve. Stocks ended little changed Tuesday, a day after the major indexes had their worst day in two months. Traders are looking for the central bank at its two-day meeting ending Wednesday to outline its expectations for the economy and signal when it might raise interest rates. Federal Reserve is the key point for tomorrow but we lost about 600 points last few weeks already and I think it's time for rebounce.
Usually, market go up after Feds, so it will be happen again this time :)

I sold some of my positions today with some slight losses. I still have too many positions to play in this market. I will rearrange more positions coming days. I strongly believe that market will go higher next few days and next weeks but never know the future.

The price of crude oil rose $1.74 to settle at $69.24 a barrel on the New York Mercantile Exchange. I think it is time to reconsidered oil stocks. One of my oil play last month DPTR, and my all time favorite oil stock PDO, watch one of them for tomorrow with oil momo. good luck

MGM 이 오늘 AH 에 좀 움직이네요 , 내일의 bounce 를 기대해 봅니다.
MGM Mirage discloses that its auditor removes "going concern" language (5.84 -0.08)

-Market Hunter-

June 22nd Review

Positions traded for a gain : none
Positions traded for a lose : none

Holding positions : MPG / VG / NWD / FTK / GNVC / KFN / MGM / CRXX / DSCO / COIN / YRCW / NXXI / ONT / ACLS / ONSM

Today was nice healthy sell off for the market. I know, Dow down 200 points today.
Last 3 months rally was too much for the market to handle. Market just barely holding above 8300 points, right below 50MA which I think we gonna see pop from this level. All I can do is wait and see what happens tomorrow.

Two new picks today.
ACLS - positive news out this morning and it did hit .61 and sell off like all others, news was positive in my view and .70+ target .

ONSM - same sector as ONT, volume alert this morning, hit .41 with highest volume this year(?). and losing steam like any other stocks. .45+ target for this.

This is hard time to find stocks. I don't have anything to watch for tomorrow. Do you?

오늘 포폴이 전멸이네요.. 제 스타일대로 잘 안풀린 결과이기도 하고 너무 오래 가지고 있어던 것도 있고요, 늘 하는 말이지만, 조만간 큰 정리 한번 할려고 합니다. 마켓 상황에 따라..
오늘 일이 있어서 여기까지..

-Market Hunter-

June 19th and Weekend update

Positions traded for a gain : sold DDSS for 20.33% $2220 gain
Positions traded for a lose : sold CNLG for 13.33% $1400 loss

Holding positions : MPG / VG / NWD / FTK / GNVC / KFN / MGM / CRXX / DSCO / COIN / YRCW / NXXI / ONT

Pretty boring last week and we were at right below 200MA on last Friday. I think we going to see big break out(up) this week, we need to break out 8600 first tomorrow or on Tuesday. If we don't see a break out, we could possibly drop down to 8372 which is 50MA BUT we defenitely gonna pop from that level, so don't panic sell on the dips.

Two new picks on Friday

NXXI - looking for .35 - .40 next week
ONT - nice break out on last trading hour on Friday. $0.65++++ target. Nice triangular fomation on chart look at the below.

Watch for Tomorrow

ONSM - same sector as ONT, chart look very bullish last couple of days, looking for $0.40 + target.

OCNF - cheap shipper, crushed (?) last week, let's see we could see pop this week, $2+ target

-Market Hunter

June 17th Review

Positions traded for a gain : SOLD STSI for 36% $1860gain
Positions traded for a lose : none

Holding positions : MPG / VG / NWD / ACLS / FTK / ANDS / GNVC / DDSS / KFN / MGM / CRXX / DSCO / CNLG

Made solid $1860 profit with STSI, I think this will be trading at $2s if appeal news out.

Another jitter day for the Dow today, no major news to move market. Still, investors are looking for directions at this point. I think tomorrow will be big, market need to break out higher if not we gonna see more downside. Today's market was an indecision and fragile, unpredictable. All I can do is wait to see what happens tomorrow.

Today's Pick
CNLG - In some CNLG they have a new product ready to launch and is cheap, under book value here. This was trading at $2s when they were announced. This stock is for trading only, not for long term hold. Good Luck!

Is this Stock could make you rich in few years?
RMBS -I found great DD article about this company
http://seekingalpha.com/article/143048-is-rambus-the-next-27-bagger?source=hp_mostpopular

-Market Hunter-

June 12th Review

Positions traded for a gain : none
Positions traded for a lose : none

Holding positions : MPG / VG / NWD / ACLS / FTK / ANDS / GNVC / DDSS / KFN / MGM / CRXX

Ok, I will make today's review short since today is Friday and yes, I need rest :)
Once again, stock market ends flat for five straight days, AMAZING. We really need to prepare for big move(up or down), keep your cash as much as possible for the next move. I think we could face big break out sometime next week.

I added one more stock today, CRXX

CRXX says knee osteoarthritis drug safe and effectiev in Phase 2 study, I don't understand today's pull back with this news. "Big Boys" pulled down for cheap entry?
I think $0.90s is cheap zone to load some more if you didn't get in yet. Good Luck!

Have Good Weekend and See you on weekend updates!

-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-

June 2nd Review

Positions traded for a gain : sold SMCG 25.93% for $3500 gain
Positions traded for a lose : none

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

Today was a just consolidation day from yesterday's big rally. Most of indices broken previous resistance but not really much. We shall see what happens tomorrow with this move, possibly back to 8600 mark again or go up higher, never know. Either way, we going to see more uptrend for next few months. I think we can see 9,000-10,000 mark sooner than I thought. Oil settles above $68,which is good for my oil plays^^, and dollar continues dropped.

I sold SMCG today, not greedy, gained 26% from my first entry :)
and picked up some FTK with this money.

FTK - another oil related stock, Oil driller. With current oil price, this thing is dirt cheap here, back in Jan 2009 when oil was at low 50s, it was trading around $4.50, and now $2.50???? Can you believe this? I think it is lagging big time here and will noticed soon with oil momo.

어제의 빅 랠리에도 불구하고 오늘 장은 제 눈에는 굉장이 좋아 보였습니다.
물론, 4일간의 연속 랠리와, 지난 몇달간의 상승이 조금 부담스럽긴 하지만 중장기적으로는
상승세를 예상해 봅니다. Don't chase any stocks, they will pull back 이란 말을 해주고 싶군요. 몇달간의 상승이 있었으니까 어느정도의 풀벡을 예상하셔서 신중하게 플레이하시기 바랍니다.

-Market Hunter-

June 1st Review

I had meeting this morning and I missed today's big rally. Yes, market rallied higher above 8600 mark first time today. The major indices were up 2% at least. Like I told you here before that 8600 is the breaking point, I'm seeing new bull market just started. Even though, market is so strong uptrend, be little cautious for some pull back since we up almost 500 points last 3 days. Just too much for 3 days.

Ok, let's talk about stocks now. I was big surprised when I got home from long meeting today.
Especially my oil plays, EXXI / MXC / BQI / DPTR all up nicely today.

MXC - still lagging here, will touch $20 soon, was $50~60 last year, low float, need some more volumes.

EXXI - another laggin penny oil stock, oil chart does look fantastic and should explode with oil momo

BQI - broke $1 recently but not moving much, will see

DPTR - what can I say? want some more? everything look good, volumn increased by 6 mil today, I think it just started, can see $3 soon

VG/NWD another disappointed movement in this big rally. Need good news now !

SMCG - up more than 50% on Friday and down 3% today, not bad, isn't it? will decide to sell or not depends on tomorrow's movements. Target is $2~3

ACLS - not active enough, low volumns, need more patience.

What do you think about tomorrow's market will be? pull back some? up more? side way?

GM 파산과 경기회복 기대에 힘입어 오늘 장이 탄력좀 받았습니다.
8600을 넘어 8700 포인트까지 넘어 갔네요. 제 예상대로 uptrend 의 장이 형성되고 있습니다.
당분간은 계속 uptredn market 이 되지 않을까 싶네요. 너무 갑작스런 상승은 어느정도의 pull back 도 따라오니 주의 하시기 바랍니다. 오늘 일이 있어서 하루종일 활동을 못했습니다. 내일은 열심히 차트봐야 겠습니다. ^^ 내일은 장이 풀벡이 있을지 아니면 상승세를 유지 할 것인지?
어떻게 생각하세요?

-Market Hunter-

May 28th Review

Positions traded for a gain : sold SQNM for 7.26% for $770 gain
Positions traded for a lose : none

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

Last three days of this week have been quite strange. Today, Dow closed pretty strong on government dept auction. One important thing today is oil price, it reached almost $65 mark.
We might see $70 barrel sooner than I think, let's keep watching oil stocks. One of my oil stock DPTR was doing great all day long and closed strong end of day, think that we can touch $2 tomorrow and $3 possible with oil prices.

And let's talk about other stocks, I sold SQNM for slight gain before ASCO, took some profit in this unpreditable market. I'm still holding AGEN for ASCO tomorrow.
I didn't get any position today, still have too many positions.

다행히 오늘은 미국채 수익률이 하락세로 돌아서, 주식시장은 반등에 성공했다.
일단 한숨(?)을 돌린것 같아 보입니다. 일단 오일가격도 오르고,
장이 좋아야 오일도 오르는 현상이니 좋게 봐야죠^^ 내일도 좋은 하루를 기대하며..

-Market Hunter-

May 27th Review

Positions traded for a gain : none
Positions traded for a lose : none

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

Today was pretty ugly day for the Dow. We lost almost everthing from yesterday's gain.
I didn't expect this much pull back. I thought its going be little bit of sell off in the morning and side way for few days, totally wrong. GM bankruptcy news was the big issue today, and I really can't predict tomorrow's stock market at this point. Still think market is uptrend though.

Ok let's talk about my stocks, I have 11 open positions which is not normal for me, usually trade 3-5 stocks at one time. I think I changed my trade style since I made this blog.
Actually, I bought 1 more today

DPTR - cheap, undervalued oil stock with CEO change news this morning, with today's oil momentum and new CEO, believe this is good sign for the company..

and here is watch for tomorrow

SOMX - watch this @ .60 this morning and pop so quick to .70 in second and waited for pull back but never happen. It closed at .91 today up 71%, what a monster move! This stock was $2.30s back in Feb. I heard company will resubmit the drug for approval in the coming days.
Let see this can move continue tomorrow or not.

오늘 예상과는 다르게 장이 오후에 폭락(?)을 했습니다. 제 생각에는 아직 마켓이 uptrend 같아 보이지만, 8200선을 먼저 볼수도 있을 것 같습니다. 제가 요새 오픈 position 이 너무 많습니다. 조만간 정리를 해야 하지 않을까 싶네요. 특히 바이오 스탁들은 ASCO 전 까지는 강세를 보일것 같지만 그 때가지 홀드하고 있는건 위험있으니까 조심하세요.

and Here is video from buysellshort.com

Stock Market Video For Thursday With Plays And Ta...
http://buysellshort.com/05_27video.html


-Market Hunter-