Glu Mobile Pop, 1 Minute View

Added on by C. Maoxian.

GLUU reported earnings after the bell but began to behave strangely just after 3 PM.  It was possible to get long it at $3.71 with a $3.65 stop.  Once again turned out to be better to carry it through earnings than try to be tricky and trade it and only make a dime.

Wendy's Pop, 1 Minute View

Added on by C. Maoxian.

Again, it would have been a very difficult play. Wasn't at my desk but I assume given the pre-market activity the scanner would have picked up on it ... it is Nasdaq listed though and a LOT of stuff moves at the open ... this was done by 9:38 AM, so... 

ETF Trading Portfolio Update -- February 2, 2015

Added on by C. Maoxian.

Interestingly four out of five of the longs put on back on November 3, 2015 reversed together (all scratches, more or less) ... now again short the Dow, the S&P 500, Small Caps and Tech.  We'll see if we get whipsawed out once again or if the timing of these shorts will stick.

VimpelCom Pop, 1 Minute View

Added on by C. Maoxian.

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

Added on by C. Maoxian.

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

Added on by C. Maoxian.

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.