squarepush3r
Member
I am shorting the Japanese Yen now
-
As of today ICMag has his own Discord server. In this Discord server you can chat, talk with eachother, listen to music, share stories and pictures...and much more. Join now and let's grow together! Join ICMag Discord here! More details in this thread here: here.
Short term trades in the stock market •$$$$$•
- Thread starter TNTBudSticker
- Start date
M
Mountain
I know shit about currency stuff. At the least seems they're gonna need a LOT of money to deal with this situation and wondering if they'll try and redeem some of the US debt they hold? Read they were gonna pump in a lot of liquidity...guess like what happened after 9/11 in the US?
M
Mountain
Japanese Nikkei futures down about 6%. June futures down about 5%. Some individual issues such as automakers, oil refineries and electronic companies are down about 12%.
For sure Japan won't be buying any US treasuries or whatever for quite awhile and if anything will be sellers.
For sure Japan won't be buying any US treasuries or whatever for quite awhile and if anything will be sellers.
Well duh! But as Madrus mentioned earlier about steel going up because of the problems in Japan...
$NIKK down 6.4% 9600...around 650pts a bigg drop.
http://stockcharts.com/h-sc/ui?s=$NIKK&p=D&b=5&g=0&id=p46893772144
Japan Central Bank injecting $184Bil
http://finance.yahoo.com/news/Japan...3.html?x=0&sec=topStories&pos=2&asset=&ccode=
Many repercussions out of this especially the Uranium stocks & miners above are going to all get hit first thing, TM /Toyota trading down 7% or even more ...
Wonder if some of these solar stocks may get some bounce in here at some point they are getting pretty oversold ....and just added one more to the list YGE that seems to be trading in a channel between $10-$13
http://finance.yahoo.com/q/cq?d=v1&...ner+eslr+fslr+jaso+ldk+spir+stp+spwra+tsl+yge
http://stockcharts.com/h-sc/ui?s=$NIKK&p=D&b=5&g=0&id=p46893772144
Japan Central Bank injecting $184Bil
http://finance.yahoo.com/news/Japan...3.html?x=0&sec=topStories&pos=2&asset=&ccode=
Many repercussions out of this especially the Uranium stocks & miners above are going to all get hit first thing, TM /Toyota trading down 7% or even more ...
Wonder if some of these solar stocks may get some bounce in here at some point they are getting pretty oversold ....and just added one more to the list YGE that seems to be trading in a channel between $10-$13
http://finance.yahoo.com/q/cq?d=v1&...ner+eslr+fslr+jaso+ldk+spir+stp+spwra+tsl+yge
Last edited:
You can gauge the Point and figure charts..I like to read it there as well as some graphs too.The P&F you can see when it floats those 0's and X's...All those 0's are bearish and X's for bullish.I like to read the SP500 rather than the Dow.Just spend some time looking it and you can read the market a little easier.
You know...I have been watching GMCR for 2 years and it's un-freaking-believable since it split I forgot what happened...Google is not showing anything but it went from $20 to $60 then split back to $20 then back up again now at $60.00...and today up $18.00 !
It just prove once Wall street gets behind a stock..look out!
The X's and the O's that no one talks about below.
http://stockcharts.com/def/servlet/SC.pnf?c=$SPX,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
Yah that was some news for GMCR with SBUX , was kind of helped those 25mil shrs short ( about 5 days to cover) so the move was a bit over exaggerated , poor shorts got heads handed to them . Both trading very high near the top of their value , imo ...that pop on both of them was very shortable given who would not take profits on them after reaching these highs ?
Poor PEET got nailed down after the news to...news was good but not all that good & SBUX would have made the better bang for buck short hitting a traditional all time high area at $38
http://stockcharts.com/h-sc/ui?s=SBUX&p=D&b=5&g=0&id=p58129264912
* have a good friend that did lots of P&F charting with tom dorsey of Dorsey Wright & associates http://www.dorseywright.com/ , he could really nail some charts & trends but i stuck with my good 'ol candlesticks with bollinger bands , rsi , cci & macD
Last night I was thinking Short Toyota...Now it's down $4.00 ..hummm
I wanted to think about what goods they need and get those stocks.Rather than short everything in Japan.
I wanted to think about what goods they need and get those stocks.Rather than short everything in Japan.
China Ends America's Century Old Manufacturing Dominance
http://finance.yahoo.com/tech-ticke...y-old-manufacturing-dominance-yftt_536026.htm
Uranium stocks taking the hardest hit today in the market, a pretty complete list now , they all took big hits but what goes down will bounce back at some point after emotions subside.
http://finance.yahoo.com/q/cq?d=v1&s=^uraxpd+ccj+cxz+dnn+frg+ge+usg+uec+urre+useg+usu
Some select Solar stocks got bumped up , FSLR up 7pts
http://finance.yahoo.com/q/cq?d=v1&s=asti+csiq+dsti+dsti+ener+eslr+fslr+jaso+ldk+spir+stp+spwra+tsl
FSLR & LDK both were oversold RSI/CCI/MacD , FSLR bounced off the 200ma as well
http://stockcharts.com/h-sc/ui?s=FSLR&p=D&b=5&g=0&id=p23057040150
http://finance.yahoo.com/tech-ticke...y-old-manufacturing-dominance-yftt_536026.htm
Uranium stocks taking the hardest hit today in the market, a pretty complete list now , they all took big hits but what goes down will bounce back at some point after emotions subside.
http://finance.yahoo.com/q/cq?d=v1&s=^uraxpd+ccj+cxz+dnn+frg+ge+usg+uec+urre+useg+usu
Some select Solar stocks got bumped up , FSLR up 7pts
http://finance.yahoo.com/q/cq?d=v1&s=asti+csiq+dsti+dsti+ener+eslr+fslr+jaso+ldk+spir+stp+spwra+tsl
FSLR & LDK both were oversold RSI/CCI/MacD , FSLR bounced off the 200ma as well
http://stockcharts.com/h-sc/ui?s=FSLR&p=D&b=5&g=0&id=p23057040150
looks like BLTI got a pop back in Jan that they would beat expectations next earnings , then just got another pop on posting those results the other day
and hit a new 52 wk high ...
http://finance.yahoo.com/news/BIOLASE-Reports-Fourth-iw-1076291039.html?x=0&.v=1
up 270% since Jan and 3 days in a row last week and looking really overbought better wait for a better entry since its sporting a $100mil+ cap here now tho their YOY results were much improved it should pullback (small float stocks hard to predict)
http://stockcharts.com/h-sc/ui?s=BLTI&p=W&b=5&g=0&id=p19213902310
analysts are giving it a mean price target of $5.40 ...so dont chase.
http://finance.yahoo.com/q/ao?s=BLTI+Analyst+Opinion
and hit a new 52 wk high ...
http://finance.yahoo.com/news/BIOLASE-Reports-Fourth-iw-1076291039.html?x=0&.v=1
up 270% since Jan and 3 days in a row last week and looking really overbought better wait for a better entry since its sporting a $100mil+ cap here now tho their YOY results were much improved it should pullback (small float stocks hard to predict)
http://stockcharts.com/h-sc/ui?s=BLTI&p=W&b=5&g=0&id=p19213902310
analysts are giving it a mean price target of $5.40 ...so dont chase.
http://finance.yahoo.com/q/ao?s=BLTI+Analyst+Opinion
BLTI I think it can keep going...Not sure whats the target but I'm guessing here $6.00 because when little volume moves the stock really high like today,it can keep going. Or watch the 10:30-11:00 Hour and check the Volume.If it's less,it may drop..Or it's all these shorts covering themselves for a profit and it's expected to go back down again.
This does take a few days to watch unfold.
This does take a few days to watch unfold.
Nikkei had its own little flash crash in Tokyo when the PM announced a possible leak. The information coming out is sparse.
It was down 16%. It's back to only -9.5% right now.
DOW Futures were down 200+ when I turned off the tv. Tread lightly tomorrow IMO.
It was down 16%. It's back to only -9.5% right now.
DOW Futures were down 200+ when I turned off the tv. Tread lightly tomorrow IMO.
Wow...sure is down futures 278 now. Housing Market reports tomorrow so if every stock is down...housing may be the only market that may take less of a loss if the report is good.
Watching MMG again if it dips under $1.00 It may go even lower this time around .85-.90 cents.
Guess I'll put in a limit order for $1.00 again
And hope to win a contest out there.Can't get any limit orders for under $1.00..boooo 
lol
Big hugh volume at $1.34 so I'm not sure what it means..It could be all shorts there rather than a bullish buyer. Careful out there.
I did short toyota today..hopefully those cars or other exports don't have radiation in it.
Watching MMG again if it dips under $1.00 It may go even lower this time around .85-.90 cents.
Guess I'll put in a limit order for $1.00 again
And hope to win a contest out there.Can't get any limit orders for under $1.00..boooo lolBig hugh volume at $1.34 so I'm not sure what it means..It could be all shorts there rather than a bullish buyer. Careful out there.
I did short toyota today..hopefully those cars or other exports don't have radiation in it.
Chart i have doesn't even go down that far Nikkei sank a staggering 1,201.2 points, or 12.5 percent, to 8,422.21 in afternoon trading, extending losses of the 6 percent yesterday....close to 20% loss in 2 days across the boards even material companies that stand to benefit from the rebuilding & the autos . Uranium Stocks going to take anoither hit as they have no assurance yet they aren't facing multiple meltdowns .
http://finance.yahoo.com/news/Nucle...tml?x=0&sec=topStories&pos=main&asset=&ccode=
The stock sell-off hit nearly every business sector, with electric companies under intense pressure again. The Tokyo Electric Power Co., which operates the crippled nuclear plant, was overwhelmed with sell orders and had yet to trade. Toshiba Corp., a maker of nuclear power plants, was also untraded.
Other companies with nuclear power-related businesses faced a second day of free-falling losses. Mitsubishi Heavy Industries tumbled 19 percent, Kobe Steel Ltd. dived 17 percent, and Hitachi Ltd. shed 8.5 percent. Cosmo Oil, whose refinery caught fire after the quake, slid by 18 percent.
Car makers declined partly because quake-stricken northeastern Japan is a major center for auto production, complete with a myriad of parts suppliers and a network of roads and ports for efficient distribution.
Major vehicle manufactures halted production after the quake, and their shares continued to capsize. Toyota Motor Corp., the world's largest automaker, fell 11 percent. Honda lost 7.4 percent and Nissan dropped 10.2 percent. Mitsubishi Motors Corp. lost 14.4 percent and truck-maker Isuzu Motors Ltd. plunged 8.6 percent.
Fears about the safety of nuclear power weighed on the shares of companies involved in uranium mining. Energy Resources of Australia Ltd., one of the world's largest uranium producers, fell 13.2 percent in Sydney.
Even the rare stocks that did well Monday -- industrial and materials companies, which gained due to expectations that they would benefit when Japan rebuilds -- tumbled Tuesday.
Japanese construction company Kajima Corp. dropped 19 percent and Nishimatsu Construction Co. Ltd. skidded 27.2 percent. Analysts said that while the Japanese economy remained virtually shut down, companies in China and elsewhere could fill the void.
Throughout Asia, investors fled stocks as the crisis in the world's No. 3 economy seemed only to escalate. South Korea's Kospi was down 3.4 percent to 1,903.21, and Australia's S&P/ASX 200 fell 2.7 percent to 4,500.20.
Hong Kong's Hang Seng index slumped 3.8 percent to 22,449.60, and mainland China's Shanghai Composite Index lost 2.1 percent to 2,874.63
http://finance.yahoo.com/news/Nucle...tml?x=0&sec=topStories&pos=main&asset=&ccode=
The stock sell-off hit nearly every business sector, with electric companies under intense pressure again. The Tokyo Electric Power Co., which operates the crippled nuclear plant, was overwhelmed with sell orders and had yet to trade. Toshiba Corp., a maker of nuclear power plants, was also untraded.
Other companies with nuclear power-related businesses faced a second day of free-falling losses. Mitsubishi Heavy Industries tumbled 19 percent, Kobe Steel Ltd. dived 17 percent, and Hitachi Ltd. shed 8.5 percent. Cosmo Oil, whose refinery caught fire after the quake, slid by 18 percent.
Car makers declined partly because quake-stricken northeastern Japan is a major center for auto production, complete with a myriad of parts suppliers and a network of roads and ports for efficient distribution.
Major vehicle manufactures halted production after the quake, and their shares continued to capsize. Toyota Motor Corp., the world's largest automaker, fell 11 percent. Honda lost 7.4 percent and Nissan dropped 10.2 percent. Mitsubishi Motors Corp. lost 14.4 percent and truck-maker Isuzu Motors Ltd. plunged 8.6 percent.
Fears about the safety of nuclear power weighed on the shares of companies involved in uranium mining. Energy Resources of Australia Ltd., one of the world's largest uranium producers, fell 13.2 percent in Sydney.
Even the rare stocks that did well Monday -- industrial and materials companies, which gained due to expectations that they would benefit when Japan rebuilds -- tumbled Tuesday.
Japanese construction company Kajima Corp. dropped 19 percent and Nishimatsu Construction Co. Ltd. skidded 27.2 percent. Analysts said that while the Japanese economy remained virtually shut down, companies in China and elsewhere could fill the void.
Throughout Asia, investors fled stocks as the crisis in the world's No. 3 economy seemed only to escalate. South Korea's Kospi was down 3.4 percent to 1,903.21, and Australia's S&P/ASX 200 fell 2.7 percent to 4,500.20.
Hong Kong's Hang Seng index slumped 3.8 percent to 22,449.60, and mainland China's Shanghai Composite Index lost 2.1 percent to 2,874.63
8422 isn't even on this Nikkei chart &...this is unprecendented , but what happens in Asia doesn't mean that investors here tomorrow might not step in & pick up some of these that have fallen in the panic , on the cheap
This is yesterdays 6% loss not showing todays trading over there adding 12% more down to 8422
This is yesterdays 6% loss not showing todays trading over there adding 12% more down to 8422
Even the Stock ticker SHAW that builds nuclear plants in U.S.A took a hit. $38.00 to $28.00 and then settled at $34.00...I may watch this stock tomorrow if the morning is down alot and watch if it climbs.
Wow..just nasty out there.
Wow..just nasty out there.
Would chart all of the more major players for they will bounce at some point like CCJ for another trade here's Uranium list :
http://finance.yahoo.com/q/cq?d=v1&s=^uraxpd+ccj+cxz+dnn+frg+ge+usg+uec+urre+useg+usu
would be looking at the monthly charts now for possible support/ entry points , but $30 looked good support yesterday for SHAW & it did give the bounce pretty good to $34.87 from a $31.87 open ( was down lower in PM)....
http://stockcharts.com/h-sc/ui?s=SHAW&p=W&b=5&g=0&id=p83260347083
http://finance.yahoo.com/q/cq?d=v1&s=^uraxpd+ccj+cxz+dnn+frg+ge+usg+uec+urre+useg+usu
would be looking at the monthly charts now for possible support/ entry points , but $30 looked good support yesterday for SHAW & it did give the bounce pretty good to $34.87 from a $31.87 open ( was down lower in PM)....
http://stockcharts.com/h-sc/ui?s=SHAW&p=W&b=5&g=0&id=p83260347083
Last edited:
same bounce trades again for those uraniums SHAW & CCJ , they really wanted to dip these ...small bounces in for most all of them after the open lows.
Last edited:
Here's one piece u'll want to read gramps
"What Happens After QE2 Ends?"
http://finance.yahoo.com/news/What-...55.html?x=0&sec=topStories&pos=8&asset=&ccode=
* And caught a couple of posters over on the Yahoo SHAW board last night calling the set-up here , you'll find fits into the bearish camp outlook pretty well. Not real funny stuff & pretty accurate facts , what happens might just be similar to what they describe tho to what magnitude :
Last edited:
