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Monthly Archives: December 2014
Gap down in the QQQ made for a great 5 minute short!
I did not expect much from this 2nd to the last day of 2014 in the market but the QQQ opened the day gapping well below the last prior pivot low of 104.87 to open the day @ 104.73 where … Continue reading
Bad news for GILD made for a great trade…
I noticed that GILD was gaping down this morning before the open on good volume so this was really the only stock that was on my radar on this late 22nd day of December. I was looking for a one … Continue reading
Mortgage play in ORCL
Christmas time trading can be very tricky but today I was able to locate this earnings gap play in ORCL. The gap play really did not score because the market was also gapping up this morning but it still looked … Continue reading
One of my great plays of the week…
It’s been a great week of trading for myself mainly because I’ve learned how to seat on my hands and not do anything until the time comes. Early in my career patience was non-existent which spells disaster for the month … Continue reading
Breakout play in LLY
After taking my stop on my short of the QQQ this morning, I noticed LLY was just about to breakout after basing for most of the morning. I entered on the 15 minute bar @ 71.69. I was a little … Continue reading