No changes this week.
VimpelCom Pop, 1 Minute View
Unusual activity in VIP at the open ... sold stake in something ... in Algeria ... who knows ... you would have had to be super quick not to get burned here ... unless you just blindly held into day end.
RadioShack Delisted
During the dot com bubble RadioShack hit $79.50 a share, now a zero. Nearly every day I use my RadioShack battery tester. That little $5 tester has probably saved me thousands of dollars over the last decade ... you should get one too.
Charts of Note, Mon. Feb 2, 2015
Only one, Sysco (SYY) ... not Cisco (CSCO) ... fun fact: Cisco hit an all-time high of $82 on March 27, 2000. I owned a lot of Cisco back then and considered myself a real genius. Felt less smart when it hit $8.12 on October 8, 2002. That's exactly a 90% drop and I've never sold a share.
Charts of Note, Fri. Jan. 30, 2015
Only four today: CBI, MA, SHAK, XRX.
GENE Boom
Not sure what the news was and don't care... wasn't at my desk last night so I'm not sure if the scanner would have alerted me to that 11:30 bar where it broke above the 10 AM bar ... probably not. Thinking Larry Williams' old rule of just holding into day end works best, though I'm always interested in getting the best time-adjusted return (not just risk-adjusted). The low of that bar is 2.30 ... 20 cents of risk.
Charts of Note, Thu. Jan. 29, 2015
Five today: ALB, CAM, FTNT, RCL, SWFT.
Freescale Semi's Pop, 1 Minute View
Electronic Arts was moving over on the Nasdaq at the same time that Freescale was on the NYSE ... hard to keep an eye on both exchanges in the heat of battle (at the open) ... FSL would have been the better trade, we now know. Previous all-time high $26, so there was open sky above.
Found a trader on StockTwits who faded this move successfully. I don't understand his methods, but you can read his post and look at his charts here. I'm *always* interested to see how other people view things.
Electronic Arts Pop, 1 Minute View
Again, a mover at the open ... had been creeping up after hours since reporting earnings ... would have been better just to carry into the close ... risk reward not wonderful trading it ... not a loser anyway.
Charts of Note, Wed. Jan. 28, 2015
Only three: FSL, SYRG, VMW ... saw National Oilwell Varco (NOV) go to new lows but that's an old energy name I've long followed.
