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Market Commentary

$ENOC: Day trading pullback.

February 16, 2013 by Kunal Desai

We traded $ENOC Thursday in the chat room. We have been watching this stock for a while as it was getting ready for a narrow range break out on the daily chart. Stock reported goodd earning on Thursday and  opened up with a quick spike move in the morning. Impossible to catch the open move. …

Read more$ENOC: Day trading pullback.

Categories Market Commentary

$VIPS: Trading "End of the day run".

February 7, 2013 by Kunal Desai

VIPS, Chinese IPO name  had a daily chart break out in a down day on heavy volume. Notice how  the stock  trended up all day off 5 minute 9 EMA, breaking flag after flag along the way with new highs. The stock came to my attention late in the day around 2:30 . I had …

Read more$VIPS: Trading "End of the day run".

Categories Market Commentary

$HGG: Trading continuation run.

February 2, 2013 by Kunal Desai

HGG had a nice day on Thursday as it  finally managed to close over 200 day moving average on strong volume. I was interested in this stock due to the fact that if has over 28% short interest. With that high short interest stock can easily go for a continuation run next day. It also …

Read more$HGG: Trading continuation run.

Categories Market Commentary

$YPF: Nature of trending stock.

January 29, 2013 by Kunal Desai

YPF had a big day today with over 10% gain. We swing traded YPF  from 15.70’s yesterday and took profit this morning at 16.50. Decent gain , however , on the intraday chart it gave fresh buy entry many times. I passed it all day as i became emotional for selling too early. We all …

Read more$YPF: Nature of trending stock.

Categories Market Commentary

Stock Market Review

January 27, 2013 by Kunal Desai

    Evening folks! Here is the review of the market indexes and what I think can happen next week!   The market has been up 8 days in a row which i havent seen happen in many years. Its a good ole fashinioned bull run which is why you saw me step up the …

Read moreStock Market Review

Categories Market Commentary

$BRLI: Trading first pullback.

January 22, 2013 by Kunal Desai

BRLI  30 was in my watch list forever and last night I placed it on our watch list as I felt it was coiled enough and ready to make a move. This morning it opens over 30 at 30,09 and made a huge spike to 30.10. It was very hard to catch if you were …

Read more$BRLI: Trading first pullback.

Categories Market Commentary
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