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  1. B

    My thoughts and journal

    This evenings commentary will be short. I spent over 40 hours scanning this weekend and was able to come up with three names, all but one of them very low volume. As I write this commentary (Sunday Evening) the Nikki is having a very rough day open, but not nearly as rough as the dollar. For...
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    My thoughts and journal

    On Thursday the S&P500 gained 2.83 points to close at 1,106.49. Volume on the NYSE decreased by 1% to 1.66 billion shares. Over on the Nasdaq volume swelled by 18% to 1.98 billion shares and we saw the Composite increase by 20.65 points to close at 1,953.62. Jeff Semmel’s Tradingscans.com...
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    My thoughts and journal

    What to say, what to say? Looking at the intraday action I was prepared to basically rewrite what I have been writing for the last few days. The excess market volatility right now is very high, and this is the type of action we see in very skittish markets. I was going to go on about this theme...
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    My thoughts and journal

    I am long CACC. Avg price 20.48..they saw me coming but I love this chart and company. Brandon
  5. B

    My thoughts and journal

    Typically a few days to weeks. There are some other things I hold for a very long time, but they tend to not have much volume so I dont talk about them in public or private much. Brandon
  6. B

    My thoughts and journal

    Wow, what a day. I want to start off by tooting my own horn. This weekend I said to you that I was no longer bullish the commodity related groups. I¡¦m probably the only person you¡¦ve heard who would go against the Wall Street Wisdom and tell you that top was in for that group. Here we are...
  7. B

    My thoughts and journal

    Just another manic Monday on wall street. Oil prices continue to be the master leading the stock market dog. With New York Crude Oil Futures Prices at new highs yet again the equity markets started off soft, but around noon the price of Crude Fell $2.00 per barrel. This sparked a rally in...
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    My thoughts and journal

    When I look at a stock to buy I want to find a leading stock in a leading group. What this means is that I first start of looking for a sector or group of stocks that are already attracting the attention of the markets. These tend to be the groups that have clusters of the strongest names in...
  9. B

    My thoughts and journal

    On Friday the S&P500 Gained 4.91 points, closing at 1108.2, while the NASDAQ Composite closed at 1911.5, gaining 8.48 point. The Small Cap Russell 2000 Index closed up 4.54 to 569.42. Total NYSE volume increased 11% to 1.64 billion shares, while the Nasdaq saw a small 3% increase to 1.63billion...
  10. B

    My thoughts and journal

    I think we are just in a very split market right now. The DOW in particular though does not look healthy. Brandon
  11. B

    My thoughts and journal

    Yes, anything that works in one time frame should work in another. Light volume pullbacks after heavy volume breakouts work very well intraday as well as daily, weekly, monthly. Brandon
  12. B

    My thoughts and journal

    Once a year I go fishing with my dad and I was talking to him this weekend about when we can do that this year. We decided when we will go and where. After I was done talking to him I got to thinking about fishing and then trading. An amateur approaches trading like high stakes gambling...
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    My thoughts and journal

    This is going to be a brief update tonight since I took most of the time that I usually spend for this report to do a class in the Live Trading Room. Lead by the semiconductors, the broader markets all sold off today as I had expected them to do. The S&P500 ended the day at 1103.29, down...
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    My thoughts and journal

    When I analyze the market as it moves up and down, the most important thing I look at is volume. Volume shows the foot prints of the big money. When Aunt Mary and Uncle Tom are doing the buying in a stock it might move in the short term, but there is no long term commitment or support too it. On...
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    My thoughts and journal

    Its not very interesting, I do trade them. I'm much better as a futures trader than as a stock trader but its not anything I ever really talk about. Brandon
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    My thoughts and journal

    Trading the markets takes a lot of nerve. Decisions often need to be made quickly, and if one flinches, one may miss a significant price move, and divert a sound trading plan. Fear and anxiety often are at the root of hesitation. One may fear a loss, fear being wrong, or fear not having an...
  17. B

    My thoughts and journal

    CNF +47.25 FSH +60.75 CNCT +28 ACF +22 HTCH +34 (small) SBTV +36.50 CYTC +27 Brandon
  18. B

    My thoughts and journal

    The overall markets opened up scared today on $54 per barrel oil, however by the close oil futures reversed to close @$52.17. The S&P500 lost 2.55 points to end the session at 1121.84. This does not, however, tell the entire story. The markets opened up down sharply and sold off after the open...
  19. B

    My thoughts and journal

    The S&P500 gained 2.25 points, ending at 1124.39 in very light holiday trading on Monday. Volume came in at 939.5 million shares on the NYSE, 27% decrease from Friday, while the Nasdaq come in at 1.17 billion shares which was 30% lower. On both exchanges new highs continue to outnumber new lows...
  20. B

    My thoughts and journal

    In general terms as I looked at the 197 groups and the major indexes there appears to me to be a pretty split market. This probably going to lead to continued "choppyness" as we move higher in some groups and lower in others. I would expect that the major indexes move higher overall, but again...
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