Plays for June 29

Two longs and three shorts.

Long IMH 4.39

Long IOC 24.60

Short CBAK 4.42

Short VRNM 5.97

Short XNL 1.83

Recap:
IOC -5.5%

WHI -3.6%

AVNR +0.4%

UVE +1.7%

Chasing momo:
PWE in 33.75 out 33.50

NDN in 13.66 out 13.47 way too late on entry

TTI in 27.90 out 28.24 good entry but the move was sold back down

Plays for June 28

Four longs for tomorrow.

IOC 26.02

WHI 2.78

AVNR 2.41

UVE 5.90

Recap:
ADLS -3.3%

Chasing momo:
DIVX in 14.82 out 14.60 was a head fake move

GRA in 25.16 out 24.59 caught in another head fake

Plays for June 27

One long.

ADLS 2.45

Recap:

QTWW -1.9%

MCZ -7.4%

SMSI -0.8% short

Plays for June 26

Two longs and one short.

Long QTWW 1.56

Long MCZ 1.35

Short SMSI 15.41 up two days on two analyst upgrades

Plays for June 25

One long

NRGN 6.98 down 18% last three sessions no news

Recap:
JAGH -3.9%

CNTF -4.2% short

Plays for June 22

One long and one short.

Long JAGH 1.04 otcbb

Short CNTF 6.19

No plays for June 18

The bounce filters produces no plays for Monday or yesterday.

Recap Thursday:
USU +3.6%

SCEY +9.1%

GNST -1.6% short


The CAL short got an endorsement from a writer at thestreet.com with a nicely annotated chart illustrating the technial breakdown http://tinyurl.com/2lmvmg
Any intraday bounces are being sold down providing good entry points which is how I entered this trade. I've got a stop at 35.07 a tick above last Tuesday's high.

I'm going to do some camping at Bass Lake next week, next post will be Thursday night.