Stock traders

[denverd1]

Any of you fellers do any high stakes gambling? a.k.a. trade in the stock market?
Couple charts of wedges and triangles.
XLK
https://farm9.staticflickr.com/8594/16214966416_6cf8f3637d_o.jpg (https://flic.kr/p/qGRWAu)xlk 1.9.15 (https://flic.kr/p/qGRWAu) by denverd180 (https://www.flickr.com/people/60697436@N06/), on Flickr

XLB
https://farm8.staticflickr.com/7518/16055012247_f8c522b61a_o.jpg (https://flic.kr/p/qsJ8MZ)XLB 1.9.15 (https://flic.kr/p/qsJ8MZ) by denverd180 (https://www.flickr.com/people/60697436@N06/), on Flickr
My concern with those two (and a few others with similar charts) is we come to a point where they break out of the triangle, likely to the downside as were coming off of 5+ years of bull market.

Below: The only one (of 10) like at the moment. top line still has a positive slope more likely to continue the uptrend than the top two. XLF
https://farm8.staticflickr.com/7498/15618445764_e848812d7f_o.jpg (https://flic.kr/p/pN9BME)XLF 1.9.15 (https://flic.kr/p/pN9BME) by denverd180 (https://www.flickr.com/people/60697436@N06/), on Flickr
May have to do some digging for individual companies in a few sectors.

finally, main screen I use most frequently. 3 moving averages and a couple more indicators. red box = gap it will likely fill in the next week
https://farm8.staticflickr.com/7469/16053363068_6fb3259ce3_o.jpg (https://flic.kr/p/qszFxS)spy (https://flic.kr/p/qszFxS) by denverd180 (https://www.flickr.com/people/60697436@N06/), on Flickr

happy trading

[XJ Wheeler]

I must admit I know squat about this...

[nickyg]

The colors look purty

[4.3LXJ]

Go for the blue Nicky

[Firemanray]

I trade on e*trade. I've got a small portfolio that I've put together over the last several years. It's done pretty well until lately, I've gone from a high in the 80's% increase back down to today's closing at around 50%. I'm still very pleased with the overall performance.
This screen shot is about a year old I think:
http://i223.photobucket.com/albums/dd11/firemanray21/Stocks_zps88670d2f.jpg (http://s223.photobucket.com/user/firemanray21/media/Stocks_zps88670d2f.jpg.html)

[nickyg]

Your best bet is to put your money in aluminum. Seriously I have like 500 rolls of the stuff


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[downsy]

I messed with penny stocks a little when I first joined the Marine Corps. Haven't done anything with it in years though. My share builder acct is closed. If I would have got into it a bit earlier I could have bought Ford stock when it was dirt cheap:rolleye0012:

[Firemanray]

I messed with penny stocks a little when I first joined the Marine Corps. Haven't done anything with it in years though. My share builder acct is closed. If I would have got into it a bit earlier I could have bought Ford stock when it was dirt cheap:rolleye0012:

I bought Ford the first time after the .gov bailout. I was impressed that they didn't take the bailout so I sunk a large amount of $$$ into their stock. I bought in at $1.3? if I remember right then I got a little spooked when it got around $4-$5 so I sold out at a very nice profit.

[downsy]

I bought Ford the first time after the .gov bailout. I was impressed that they didn't take the bailout so I sunk a large amount of $$$ into their stock. I bought in at $1.3? if I remember right then I got a little spooked when it got around $4-$5 so I sold out at a very nice profit.


lucky bastage lol. I think I saw them around 3 bucks a share and decided not to get them my huge loss.

[abebehrmann]

Once I get me some of this "money" everyone is always talking about, I will purchase some of these stocks too.

[denverd1]

I bought Ford the first time after the .gov bailout. I was impressed that they didn't take the bailout so I sunk a large amount of $$$ into their stock. I bought in at $1.3? if I remember right then I got a little spooked when it got around $4-$5 so I sold out at a very nice profit.

great trade! They're the only auto maker I'd ever consider owning.

I'm long LMT and will likely sell calls on it this week. Currently up 10% on it.
Sold XLU a few weeks ago. and RAI before XLU. made a little money on both. Healthcare is the only sector up today (flat as of 2:45 CST), so I'll prolly start there looking for a play

[denverd1]

https://farm8.staticflickr.com/7465/16273554895_292a9ab199_o.jpg (https://flic.kr/p/qN3dUF)spy 15min 1.13.15 (https://flic.kr/p/qN3dUF) by denverd180 (https://www.flickr.com/people/60697436@N06/), on Flickr

dirty action yesterday afternoon, led to today's selloff. Solid support at the 1995-1990 range on SPY. lets see if it holds

support. 200 day MA and error channel lines
https://farm8.staticflickr.com/7546/16093582208_307eeb369e_o.jpg (https://flic.kr/p/qw8Pij)1.14.15 (https://flic.kr/p/qw8Pij) by denverd180 (https://www.flickr.com/people/60697436@N06/), on Flickr

[denverd1]

shit my friends. the last bar is a bearish engulfing candle. right above 200 day MA and on a thursday... buying puts on SPY

https://farm9.staticflickr.com/8588/16101607160_73bb934db4_o.jpg (https://flic.kr/p/qwQWQy)spy 1.15.15 (https://flic.kr/p/qwQWQy) by denverd180 (https://www.flickr.com/people/60697436@N06/), on Flickr

[denverd1]

bought puts on the SPY Jun 30 2015 at 200 for $6.89

[Firemanray]

bought puts on the SPY Jun 30 2015 at 200 for $6.89

Interpretation needed.?.

[denverd1]

I'm betting the SPY goes down

I put the trade on late afternoon, market works with me late day. Intraday charts look great.

[denverd1]

those puts are looking dandy this am.

[denverd1]

another late day selloff, about to break 150/200 day MA. $$$

[denverd1]

Dead cat bounce today. Tomorrow is important

[denverd1]

Another big late day selloff. May buy a few more puts