Category Archives: Stocks

Sold -1 BC 100 OCT 09 12.5 PUT @1.45, mark 11.27

By Paul | Published: September 28, 2009
Brunswick Corp. (BC) stayed above $11.00 as we began the week.  I placed a stop at Friday’s high before the open today to be executed at 10:30am.  When I got back at lunch, I found that my stop was triggered as soon as it was sent.  Luckily, it was also at the time when BC [...]
Posted in Stocks | Tagged BC, exit, options | Leave a comment

Bought +1 BC 100 OCT 09 12.5 PUT @1.95, mark 10.81

By Paul | Published: September 25, 2009
Here’s one last try in shorting Brunswick Corp.  BC gapped open about 50 cents this morning  on an analyst upgrade.  It subsequently tested $11.00 with about 5 times first 30-minute volume.  It has since been in a trading range. Why is this significant?  Observing Figure 1, we can see that $10.85 is the 62% Fibonacci level [...]
Posted in Stocks | Tagged BC, entry, fibonacci, options, short | Leave a comment

Week of Sept 20, 2009: In-play stocks watchlist

By Paul | Published: September 20, 2009
Out of this week’s 10 candidates, I’ve only been able to identify 4 that are presenting playable setups. Christopher & Banks Corp. go long above $8.10.  Stop at $7.70.  Target $9.00.   Click here to continue reading... (95 words, 4 images)
Also posted in Trading Signal | Tagged breakout, inplay | Leave a comment

Week of Sept 13, 2009: In-play stocks breakout results

By Paul | Published: September 20, 2009
Last week, I identified 5 stocks with earnings release scheduled for the week and with obvious setups for a breakout.  They are AIR, APOG, CKR, DBRN, and MLHR.  Of which, AIR, APOG, and CKR have inched up steadily.  DBRN’s up trend was very choppy.  And MLHR was way too much into a move already for [...]
Also posted in Trading Signal | Tagged inplay | Leave a comment

Expired 15 BC 100 SEP 09 7.5 put, mark 9.78

By Paul | Published: September 20, 2009
My fifteen Brunswick Corp (BC) September puts expired on Friday.  I entered this at $0.39 back in mid-August.  This position is worth $0 now.  That is a total loss of $585 + $15 commission. Long story short, here are some mistakes I made with this trade, in decreasing order of significance:   Click here to continue reading... [...]
Posted in Stocks | Tagged BC, exit, options | Leave a comment

More inplay stocks with easily identifierable setups for next week

By Paul | Published: September 12, 2009
Also posted in Trading Signal | Tagged inplay | Leave a comment

Paper trade: CBRL breakout before earnings

By Paul | Published: September 12, 2009
Based on my previous post about finding stocks in play, I’ve identified Cracker Barrel Old Country Store, Inc. (CBRL) as a candidate of an in-play stock.  CBRL will release their earnings on Sept 15th before the market opens.  So there’s only Monday before the earnings and then perhaps a few days after to play this [...]
Posted in Stocks | Tagged breakout, CBRL, long, paper trade | 1 Comment