SLD 10 POT
POTASH CORP SASK INC Market 08/13/09 9:37 AM ET Executed $96.73
| SLD | 10 | POT | POTASH CORP SASK INC | Market | 96.94 | 96.68 | Day | 08/13/09 9:37 AM ET | 07932156 OC4346 | Executed | $96.73 |
Trade Alert: Selling $POT
August 13, 2009 — qmarWatchlist: Aug 08 2009
August 8, 2009 — qmarLet’s do some technical analysis and see what’s hitting support lines or is oversold. I dont see any stocks making this list this weekend as the market is on a run and everything is hitting euphoric levels
Nevertheless, here are a few stocks that make my watchlist
$AMZN: Amazon
See 60 day 60 min chart below, still waiting for it to tag that trenline around $82, I will put this on my radar if it comes anywhere in that green box
Looks like its finding support off the 200DMA, this might break lower if the market rolls over, I would wait.
$FSLR: First Solar
Still on my radar, I will not buy until the pattern completes. It it comes to me @ 130 in the green box then I am very very interested, Currently its tagging 200DMA and might bounce off there.
I am waiting patiently for it to come to me.
$JRCC: James River Coal Corp.
One name that has come to my attention is James River Coal Corp, I have played this in the past at much lower prices and this rallied and sold off dramatically.
It kept popping on my screen as a loser for 2-3 days in a row, thats where I charted it to see what the support levels looked like. I am putting this on my watchlist. Again I see it bouncing off 200DMA but I would wait for a clear confirmation of the support line (purple)
$MCD: McDonalds corp.
I am tracking McDonalds. (I got burnt in $BKC earlier and I have decided not to anywhere near Burger King stock soon), I see some sell off in McDonalds and its approaching support, I would wait for it to tag the green box where I would put this on high alert radar
$WFR: Memc Electronic Materials
Waiting for the channel to work itself out on the downside, notice it’s selling off even as the market rallies… the power of tredlines hmmm… The pattern always completes?
Well thats my theory anyways….
$POT: Potash of Saskatchewan
I sold off my position this friday, I think I had too much money at stake (roughly $1000) and this stock is too volatile, I see its bouncing +-3 dollars from its TL support,
I am keeping this on my watchlist and might be interested on any breakdown in Potash, On a side note, I see weakness in $IPI and $DBA
Trade Alert: Selling $VLO and $POT
August 7, 2009 — qmarSold Potash and Valero at the open into the market strength
08/07/09 Sold -10 POT
Potash Corp Of Saskatchewan Inc POTASH CORP OF SASKATCHEWAN INC
Price $99.27 Commission $4.95 Fees $0.03 Net $987.72
08/07/09 Sold -40 VLO
Valero Energy Corp VALERO ENERGY CORP
Price $18.73 Commission $4.95 Fees $0.02 Net $744.23
Trade alert: $XHB Covered call and $POT
August 4, 2009 — qmarToday morning I am initialing a $POT position by buying 10 shares @96.80
I am initializing a covered call on $XHB:
Buy 100 $XHB @14.62
Sell 1 Covered call XXJ HO Aug 15 call
| XXJ HO | SLD to Open | 1 | Limit $0.30 | Executed | $0.30 |
Watchlist Aug 01 2009
August 1, 2009 — qmarLooking at some charts over the weekend and doing some TA, I have come up with the following stocks I will be following closely next week. Charts pulled off www.finviz.com (great site)
$FSLR: This was sold off like crazy after the earnings came out, still not completing the pattern and hitting the support. I will wait until it bounces off support trend line. Target @ 140
$WFR: Still on my watchlist, waiting for the pattern to selloff to support trendline. Target @ 16
$POT: This looks interesting, will see which way this goes, I would like to see some sell off along with the market so I can establish some longs 
$DBA: Seems to be holding TL support. so far so good, I am thinking of adding more here
$FIG: This is going higher in anticipation of the earnings release. We have 200 shares @ 4.11, game plan is sell 100 just before earnings or sell covered calls @ 5 and @7.5 to collect some commissions just before earnings. I will post the trades here on the blog
