CPLPL had a bearish day on less than average volume. The price movement was narrow but the low was higher than the previous day's. The result was the Stochastic and MACD indicators still going down, but maintaining a shallow decline. I think it may continue to go up a little more.
EVEP had a bullish day on less than average volume. The price movement was also bullish and resulted in Stochastic and MACD indicators still moving up. I am bullish this stock still.
SLV had a bullish day on less than average volume. The price movement was also bullish after a gap up and resulted in the Stochastic and MACD indicators turning up more. The high on this price movement out did the high of last Friday suggesting that further gains are possible. I am still bullish this move.
My paper trades saw a mixture. S had a bullish day and my call options followed suit. As a result some of the loss on it has been returned, but much is left to regain. ISPH had a bearish day after starting up a little bit. Although the low was higher, there is not enough to determine that this may be a change of direction. My sold call options against it are in good standing still. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
Friday, February 26, 2010
Thursday, February 25, 2010
Portfolio Update
CPLP had a slightly bullish day after a bearish open on less than average volume. The price movement was small and not enough to turn the Stochastic and MACD indicator back up. Further decline is more likely.
EVEP had a bullish day on below average volume. The price movement was fairly average and started under yesterday's close. This didn't affect the upward direction of the Stochastic and MACD indicators. My first instinct is that it is loosing strength and will be pulling back.
SLV had a very bullish day on below average volume. The price movement was very aggressive but only after starting well below the low of the past two trading days. The Stochastic and MACD indicators reacted positively to this by rising. I believe that if this is the next rally, it should go to about $16.50.
My paper trades saw a mixture of news. S had a positive day, as was anticipated, and as a result my call option on it rose a little bit. More days like this are required. ISPH, however, had another bearish day as was expected. Fortunately for me, that is a good thing in a small way since I am recorded the sale of call options against my paper position. That give me money in the pocket as long as it continues to go down as is being expected. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
EVEP had a bullish day on below average volume. The price movement was fairly average and started under yesterday's close. This didn't affect the upward direction of the Stochastic and MACD indicators. My first instinct is that it is loosing strength and will be pulling back.
SLV had a very bullish day on below average volume. The price movement was very aggressive but only after starting well below the low of the past two trading days. The Stochastic and MACD indicators reacted positively to this by rising. I believe that if this is the next rally, it should go to about $16.50.
My paper trades saw a mixture of news. S had a positive day, as was anticipated, and as a result my call option on it rose a little bit. More days like this are required. ISPH, however, had another bearish day as was expected. Fortunately for me, that is a good thing in a small way since I am recorded the sale of call options against my paper position. That give me money in the pocket as long as it continues to go down as is being expected. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
Wednesday, February 24, 2010
Portfolio Update
CPLP had a bearish day on less than average volume. The price movement started higher but fell through the day. The Stochastic and MACD indicators are being dragged down as a result. I really want to sell an option against my stock but the next strike price is under the current price.
EVEP had a bullish day on less than average volume. The price movement started lower and climbed through the day. The Stochastic and MACD indicators continued to rise as a result. I think it is wise to hold on still.
SLV had a bullish day on less than average volume. The price movement started lower and climbed slightly through the day. The Stochastic indicator still slowed down a little, but the MACD stopped it's pull back and when sideways. The low of the day was higher than yesterday so this could be the end of a pull back and the return of the upward move.
As for my paper trades, all of the stocks I pulled out of yesterday attempted to recover today. Only OPWV did not succeed at making any gains. My call option on S is continuing to be a looser, but I am expecting a change to occur soon. And my stock of ISPH is looking like it will not be gaining back any more value. I am recording the sale of two call options against the position. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
EVEP had a bullish day on less than average volume. The price movement started lower and climbed through the day. The Stochastic and MACD indicators continued to rise as a result. I think it is wise to hold on still.
SLV had a bullish day on less than average volume. The price movement started lower and climbed slightly through the day. The Stochastic indicator still slowed down a little, but the MACD stopped it's pull back and when sideways. The low of the day was higher than yesterday so this could be the end of a pull back and the return of the upward move.
As for my paper trades, all of the stocks I pulled out of yesterday attempted to recover today. Only OPWV did not succeed at making any gains. My call option on S is continuing to be a looser, but I am expecting a change to occur soon. And my stock of ISPH is looking like it will not be gaining back any more value. I am recording the sale of two call options against the position. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
Tuesday, February 23, 2010
Portfolio Update
CPLP had a bearish day on ten times average volume. It opened with a huge gap down but eventually closed slightly higher. The price movement caused the Stochastic indicator to slow down and the MACD to sharply turn down. Looking at the news, it appears the drop was based on CPLP liquidating the stock to make an acquisition of a medium range product tanker vessel. The fundamentals are still good, so far, so I am going to continue to hold. I would have like to sell an option against it the day before but my lack of attention towards the news is the cause of my failure.
EVEP had a bearish day on less than average volume. The price movement was small and just below the yesterday's meager price movement. The Stochastic indicator barely slowed down, but the MACD indicator is showing an obvious slow down. A small pull back seems most likely. Maybe as far as $29 or a little under.
SLV had a bearish day on less than average volume. The price movement was started off with a gap down and continued to slide a little more. There will probably be a little more pulling back but I don't think it will be pulling back a lot more.
As for my paper trades, there was a lot of red and as a result there is a lot of cutting off occurring as well. JADE had a bearish day and I am selling off all of my positions to take my $12 gain on the stock and $30 gain on the call option. JPM had a bearish day and I am selling off all of my positions to take my $4 gain on the stock and $20 loss on the call option. S also had a bearish day, but long term seems to have a good chance of regaining much of the loss back, I am holding on to the call option for a little while longer. I suspect I will sell it sometime next week. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
EVEP had a bearish day on less than average volume. The price movement was small and just below the yesterday's meager price movement. The Stochastic indicator barely slowed down, but the MACD indicator is showing an obvious slow down. A small pull back seems most likely. Maybe as far as $29 or a little under.
SLV had a bearish day on less than average volume. The price movement was started off with a gap down and continued to slide a little more. There will probably be a little more pulling back but I don't think it will be pulling back a lot more.
As for my paper trades, there was a lot of red and as a result there is a lot of cutting off occurring as well. JADE had a bearish day and I am selling off all of my positions to take my $12 gain on the stock and $30 gain on the call option. JPM had a bearish day and I am selling off all of my positions to take my $4 gain on the stock and $20 loss on the call option. S also had a bearish day, but long term seems to have a good chance of regaining much of the loss back, I am holding on to the call option for a little while longer. I suspect I will sell it sometime next week. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
Monday, February 22, 2010
Portfolio Update
CPLP had a bullish day on less than average volume. The price movement was small between the open and close but occurred after a gap up. As a result, the Stochastic and MACD indicators are still pointing up strong. I have no reason to second guess it at this point. I am holding.
EVEP had a bullish day on less than average volume. The price movement was small all day and occurred after a gap up to the high put in last week Thursday from which it dropped. It also closed at about that level. This is a challenge of the most recent resistance level. Tomorrow is a determining day. At the same time the Stochastic and MACD indicators are still pointing up strong. I am bullish it will break through.
SLV had a bearish day on less than average volume. The price movement was not extraordinary. It consisted of a small gap up followed by a pull back to the closing levels of the trading day before. The Stochastic and MACD indicators are showing signs of weakness. There seems to be a very slight bend occurring. I am not too pleased by this. There maybe another pull back occurring.
As for my paper trades, there is more green than red. The only ones red are the PCS stock and S call option. Considering that I have back my principle on PCS and a little profit, plus profit on the call option, and the Stochastic is in the overbought range and the MACD is already starting to turn sideways after just recently breaking above the zero line, I think now is a good time just to sell out of both of them. Getting into the S call option may not have worked out as well as I was hoping. I will wait another day before I decide. In other news, OPWV was flat today, and although there is no weakness in Stochastic the MACD is showing a solid decline in it's upward movement. I think I will take the profit I have in it now. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
EVEP had a bullish day on less than average volume. The price movement was small all day and occurred after a gap up to the high put in last week Thursday from which it dropped. It also closed at about that level. This is a challenge of the most recent resistance level. Tomorrow is a determining day. At the same time the Stochastic and MACD indicators are still pointing up strong. I am bullish it will break through.
SLV had a bearish day on less than average volume. The price movement was not extraordinary. It consisted of a small gap up followed by a pull back to the closing levels of the trading day before. The Stochastic and MACD indicators are showing signs of weakness. There seems to be a very slight bend occurring. I am not too pleased by this. There maybe another pull back occurring.
As for my paper trades, there is more green than red. The only ones red are the PCS stock and S call option. Considering that I have back my principle on PCS and a little profit, plus profit on the call option, and the Stochastic is in the overbought range and the MACD is already starting to turn sideways after just recently breaking above the zero line, I think now is a good time just to sell out of both of them. Getting into the S call option may not have worked out as well as I was hoping. I will wait another day before I decide. In other news, OPWV was flat today, and although there is no weakness in Stochastic the MACD is showing a solid decline in it's upward movement. I think I will take the profit I have in it now. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
Saturday, February 20, 2010
Paper Trade Evaluation and Changes
In my post yesterday I said that I would reveal what I was going to do with JADE, JPM, and OPWV later. This is later. But before I go on, I must mention a correction to my previous posts from February 13th to February 19th. In those posts I continued to mention a paper trade involving S after I had clearly stated in the February 12th post that I was closing that position. For that inaccuracy I apologies. However, considering the price movement of the past three days and the confirmation of the Stochastic and MACD indicators, I am opening an option position of 2 contract shares for S at the Friday asking price of 0.41.
Now, as for JADE, JPM and OPWV, I am going to hold on to them for another trading day. There just isn't enough confirmation about the direction of these stocks and the JADE and JPM options for me to make a prognostication about a change of direction. For instance, although this is JADE's second down day, it's actual price movement was bullish after it gaped down. This suggests to me that investors see the current price as a bargain. The last trading day for JPM and OPWV were bearish but only after putting in new highs for this current leg of trading. Over all, there is no confirmation of a turn down just yet, so I will wait until after Monday. By then I should have a better idea. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
Now, as for JADE, JPM and OPWV, I am going to hold on to them for another trading day. There just isn't enough confirmation about the direction of these stocks and the JADE and JPM options for me to make a prognostication about a change of direction. For instance, although this is JADE's second down day, it's actual price movement was bullish after it gaped down. This suggests to me that investors see the current price as a bargain. The last trading day for JPM and OPWV were bearish but only after putting in new highs for this current leg of trading. Over all, there is no confirmation of a turn down just yet, so I will wait until after Monday. By then I should have a better idea. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
Friday, February 19, 2010
Portfolio Update
CPLP had a bullish day on less than average volume. The price movement was relatively small after a gap up. This resulted in the Stochastic and MACD indicators to continuing to move upward. Currently the MACD is just about to cross back over the zero line. I think there is currently plenty of upside left to go. Possibly to to $10.
EVEP had a bullish day on less than average volume. The price movement was relatively small and occurred after a bearish day. With a high that is lower than that of the previous day, this suggests a possible turn around to the down side. As a result, the Stochastic indicator has started to weaken while the MACD remains relatively strong still. An additional day or two is needed to confirm the direction it will take.
SLV had a bullish day on less than average volume. The price movement was relatively small and enveloped the price movement of the previous day. With a higher-high there is a good chance that it will keep going up, and as a result the Stochastic and MACD indicators are continuing to climb. I am remaining patient.
My paper trades were a mixed bag today. JADE, JPM, and OPWV have weakened while PCS, S and ISPH all had a bullish day. Later I will decide what I should do with JADE, JPM, and OPWV. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
EVEP had a bullish day on less than average volume. The price movement was relatively small and occurred after a bearish day. With a high that is lower than that of the previous day, this suggests a possible turn around to the down side. As a result, the Stochastic indicator has started to weaken while the MACD remains relatively strong still. An additional day or two is needed to confirm the direction it will take.
SLV had a bullish day on less than average volume. The price movement was relatively small and enveloped the price movement of the previous day. With a higher-high there is a good chance that it will keep going up, and as a result the Stochastic and MACD indicators are continuing to climb. I am remaining patient.
My paper trades were a mixed bag today. JADE, JPM, and OPWV have weakened while PCS, S and ISPH all had a bullish day. Later I will decide what I should do with JADE, JPM, and OPWV. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
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