JNPR, KRFT and TGT ... click on the chart to flip through them.
Same pattern in VXX, UVXY (2x), TVIX (2x), etc. If the market rallies then gold will fall, so the gold short (and Kinross) makes sense. Other outstanding shorts like GILD, TWTR, etc. will have to be scratched.
UPDATE: The Swiss National Bank messed things up ... volatility and gold jump, the broad market drops hard on their move. TWTR and GILD shorts benefit.
Remember the rules, under US$1 and must be a hard pack. Baisha is a "common place name" according to the dictionary. Literally it means white sand. These are manufactured in Hunan province, apparently. Just like Hongmei, the website listed on the pack doesn't work for me ... hngytobacco dot com.
Front of box, a pair of cranes which symbolize something, would have to google it. OK, "ultimate depiction of longevity." The text on the gate says 白沙古井, "white sand ancient well"
Name in pinyin on back.
Plain foil pull.
Butt design
Got it with Sakura + Kite, which was just a lark. Apparently there are 719 combinations that will work, but all low probability events, so I just got lucky. Only a few more days to get an Ovalith ... fingers crossed, but it probably ain't gonna happen.
Trying a new daily blog post ... charts that catch my eye on the daily review ... I will keep it up until I get bored and stop them suddenly. ALTR, BBRY, PSX, ZIOP. (Click the chart to scroll through them)
I'm going to feature the boxes of all the cheap Chinese cigarettes I come across. The rules are a pack can't cost more than one US dollar (6.20 RMB currently) and must be a hard box.
These are Hongmei ("Red Plum") from the Hongta Tobacco Group. Might be some kind of subliminal sexy woman in the potted plant picture? Bonsai red plum tree, I mean. Not sure where they're from, Yunnan maybe? Package doesn't say. Website listed on pack, hongta dot com, doesn't work for me.
Front of box.
Back of box. Name in pinyin. Different bonsai tree.
Fancy pull foil
Butt design
Kinross Gold set up a few days ago, and now gold (GLD) itself looks like a short. Keep an eye on it.
Twitter being a pain about going back to $35 which the charting gods have ordered. It will get there or I will eat my frayed shirt cuffs.
Realized there was a calculation error for all the short positions going back I don't know how long, weeks and months probably. Surprised none of my sharp-eyed dozen readers saw how wrong the figures were. Anyway the price paid and last price were always accurate, it was just the gain / loss column that was totally wrong for all short positions. Minor detail, ha! I should go back and re-state all the old posts, but no, that would be work.
No changes this week...
Gilead Sciences was my trading idea for Monday. Got quite a few replies on StockTwits from GILD bulls on this one ... guys, it's just a trade, I don't care about the company ... they could make dog food, it's just a ticker symbol to me, capisce?
You had to wait till lunchtime for an "obvious" entry point. Day traders can manage risk off the intraday chart which is something the dentist traders can't do. It's possible to be at breakeven already with this one, though you may want to give it a little more space since the target is way down there.
Click to enlarge.