Back to trading

I`m back to trading today and hoping for some action and at least some volume. There are some intresting charts out there, however I never was a big fan of trading on light volume days like these. HANS, which I had here on the Site last week tagged 34 on Friday with no volume and did nothing. I`m sad it not waited for a day where volume is in the market, however I will look for a follow-through today maybe. AG`s are catching a bid, and BG looks intresting for me over 50. Oil is moving higher on concerns on the political situation in middle-east and I will watch this sector for intraday setups. Hope you all have a great day.

X-Mas season trading

Volume is completely off all day as usual in that season and I have no conviction in either side. So I will call it a day here and leave office earlier.

One of my old favourite

I used to love daytrading this one and if the market turns out to be friendly I might once again consider it at 34.

Other stocks that I will consider today are FOSL which was holding up quit well in yesterdays sell off and TXI around 34 for a possible short entry. Volume will be light as it is holiday season and so will be my trading.

Where is Santa?

The X-Mas week started with stocks broadly going down yesterday. Oil related stocks were once again hit hard and will probably continue lower as oil prices are heading sharply lower. AAPL was nice with a 3-4 $ move from the area I noted here yesterday, while you had to be quick on FSYS if u were in, as the stock sold down after selling in the marktes acclerated.
I will soon be back with some ideas and charts.

FSYS, AAPL

FSYS not easy to catch but trending up nicely so far against the overall market, while AAPL goes down as expected.

blog status and some trading ideas

Blog status: rom now on I will try to give at least one post every day with my ideas and thoughts of markets and some intresting stocks I follow. Further I plan to write one longer article about trading/trading for a living every once a while.

Now on to the markets:

For me it looks like the bulls have lost some momentum in the last week and a new market break down could be near with a possible re-test of the lows in January. Still a tough environment for holding any stocks overnight with substantial size as things remain doubtful. For today I have some stocks to watch, however light trading will be the premise of these last days in the year for me. I will watch for a possible long FOSL through 16, GS through 82, and FSYS could be on the move again. In case we go down I will watch AAPL 88 level.