Oh no… another week of meandering bull movement. Did you bring your pillow?
While price is maintaining status quo, the oscillators are beginning to turn down. Will there be a catalyst this week for an aggressive bull? Yes, we need an aggressive bull pronto!
Today, from my port, one stock went down ($DMRC), one neutral ($ORBC), and the rest were up.
My decision on Friday to sell $URA to lock in gain and then allocated fund to $AMRN and $NUGT proved to be the right move. $AMRN was up 12.63% today.
Now, price just needs to take out the previous high of $1.10 from Oct 22nd to start a bullish trend. I’m sure glad I bulked it up Friday.
$NUGT continued to bounce higher after a negative start.
What I like about the chart is the the 5 MA is about to cross over the 15 MA line. We will see if that is going to happen tomorrow.
$LRAD bounced today to begin the week.
This Thursday after hour will be the earnings call. That day will decide if I’ll have a spectacular return on my port for the year 2014. If not, then I’ll have to make do in 2015.
$DMRC continued to correct.
Currently, price is settling at the 89 MA support line. As far as I’m concerned, the bull is still intact.
$ORBC being neutral, I’ll skip the chart.
Thanks to $AMRN spectacular run-up and the gains from $LRAD and $NUGT, my port gained 1.1% despite drawdown from $DMRC. YTD gain is now at 13%.
LRAD, DMRC, ORBC, AMRN, NUGT (100% invested/speculated)
From my other account:
Yeap, still holding $MCIG.
My 2 cents.
Categories: Daily trading Journal