…We had our Tuesday low followed by 2 up days…done.
…today is the last day of the QUARTER!…that is a big deal in my world, and in many trading funds…4th quarter is up next…this may be the quarter I look to re-enter the markets on a longer term basis…
11:28am
…I’m back…oil stocks are out today…lets see what is in…
11:29am
…I am sorry…this blog keeps going private on its own…
12:06pm
…NOTHING GOOD AT ALL TODAY !…if the S&P 500 finishes below 1305 I will have beaten the S&P 500 in my day trading account by OVER 20% YTD, and 3 quarters in a row!…not the best, but still good ! I’ll give an exact performance report after the quarter officially ends…
1:52pm
…i wish i had more or some or any wisdom to share, but this market sucks cat piss…sorry, this is a family show…I just spent an hour buying my son another bat online….RAWLING RUSH GOLD…Don’t buy Gold, this is just a bat…although its not much cheaper!
4:02pm
…WHAT AM I TALKING ABOUT? This is not the end of the quarter…It is just the end of the month…the end of September is the end of the quarter…my bad…
…Thursday morning…A low on Tuesday followed by 2 up days…#1 was yesterday…#2 today…tomorrow if going to be real slow with the coming 3 day holiday…
11:21am
…stocks for day trading today… oils are out …lets see what non-oils look like…
12:00pm
…DOW +190 S&P 500 +13.73 …nice move=good news…wrong time=bad news….this is not the right TIME for this blowup, unless we don’t look back at 1294 on the S&P (1295.50)…watch….
12:15pm
…:15 minutes later…S&P is 1295 and has not blinked below 1295 yet, but it is sitting on it….I have over 20 stocks on my early list…WOW…that will get taken down, and survivors will make it into the afternoon…
…volume is really poor today…that does not underscore the +184 DOW move, it just takes some names out of the hat for today, and tomorrow I imagine…then the 3 day weekend…BOOOO…
12:21pm
…I just noticed that the blog was not publishing….it is now…
1:08pm
…the “RAZOR” filter is tearing down a huge list of stocks as we speak…
1:50pm
…3 unusaul stocks on my list today…the list was 21 stocks, now it is 3… MMM ESRX UPS
1:59pm
…UPS is out……….MMM ESRX still in… ESRX is the main focus…
2:20pm
…the S&P 500 has spent over 2 hours working through its early spike at 12:00pm…that work may pay off, and this index is in position to freely explore going higher…in other words, it now has my permission to go higher…at 12:00pm I mentioned that it was not the right TIME for the spike, and it completely stopped its moved…now it is rested and ready…
2:22pm
…ESRX movement has slowed down, to its detriment …this stock needs a price swing in the coming 20-30 minutes to generate a trade…currently 74.00…
2:49pm
…ESRX 74.20 ….is doing everything right except…MOVING FAST ENOUGH…the amount of movement still has not met my requirement…and time is now against me…today is a perfect day for a trade….come on!
…Wednesday morning…2 black sheep days, they are gone, so bring on the trades….
11:03am
…OK, back on the horse…DOW +50 S&P 500 +4.66 (1276)
12:30pm
…market is doing well …I’m just not inspired so far today…feel like taking a nap, but I have nearly a dozen stocks to into this “RAZOR” filter time…I’m here… just blah..
1:40pm
…”I’m back in the saddle,
…I won’t get rattled,
…I’m eating Fiddle Fadddle,
…and I am ready for battle”…
1:43pm
…list is not good..1 stock… SU … 58.10… … DOW +115
2:01pm
…SU and MT …2 on the list…
2:30pm
…this is a time when real winners take off, but SU still has some backtracking to do, and MT needs some lift…
3:18pm
…perhaps you Canadian viewers are not familiar with the saying…”Good night Irene”…but it means see you later
…I’ll be out until around 12 noon today…hopefully back for a stretch run in the afternoon…one way or another..
11:13am
…i’m back for a few minutes…FOMC today at approx. 2:00pm…
1:02pm
…DOG=mans best friend TUESDAY=best friend of Monday …and Monday is not cool…
1:04pm
…sorry, I just ate lunch and I am still under caffeinated, but working on that…. It is all about the oils today…black gold stocks are the only entries on my list today…
…and while the FOMC at 2:00pm may fire up this market, Tuesday has already ruined its chances, however slim they were, of being a big day…but oils can run their own race even without the major indexes to back them up…I’ll bring that list in just over :20 minutes…DOW +11 @11,396 S&P 500 +2.55 @ 1269…
1:37pm
…list : APC BHI ECA …still working to get to the list CHK UPL XTO
2:11pm
…FOMC out of the way…the bid/ask on many very liquid stocks is abnormally wide …volume isn’t very far from normal on these stocks, yet the spread is 2x wider at least…be careful…
2:22pm
…I don’t like the way anything looks right now…BHI ECA are my best…and they have problems…
…I have been at the vet for my dog this morning, just yearly stuff…You can bet I made this appointment on a Monday for a reason…
…Monday is the reason…for the treason…The DOW -99 S&P 500 -12… lets see if anything has survived this first :80 minutes…
11:56am
…the only thing that is up is Mondays reputation for being terrible…DOW -168 (11,459) S&P 500 -18 (1274)…
…there are a few oils still alive, plus 2 extra stocks, but I’ll release them after they survive the “RAZOR” filter…
1:06pm
…not much hodling up…DOW-214…today could really be in danger of something big…nothing is strong, the market i volume weak and seems to have no legs…S&P — @ 1269 could easily go to 1240 very quickly, and still be may in the trading range of the recent weeks and months…that would be down roughly 500 DOW points…
…1:30pm will give us more, without giving up much…
1:37pm
…if this market does turn down for the much worse, 2:00pm will be the dropping point…DOW -200 @ 1:38pm
1:39pm
…the “RAZOR” has cut my stock list for day trading to zero…notta…S&P 500 has a brigade at 1262…blow into that level and the party is on…
1:45pm
…main reasons for a potential sell-off–more than the current -205…
1. IT IS MONDAY…what worse day could you ask for ?
2. I’m bored until 2:45pm…when the kids start coming home…
3. light volume?
4. I think this market is due, and setup for a gigantic move…now big turn down is complete without one…
5. only another :20 minutes or so for this to start…S&P 500 is 1270…get below 1267 and then 1262 will have a battle on its hands…
6. see reason 2
2:25pm
…DOW -224 S&P 500 -23 @ 1268….now and 2:45pm could be the time, if not, then 1 more chance around 3:00pm…but movement in either direction is awfully slow …
2:55pm
…OK this would be the exact time for a move down if it was going to happen…S&P 500 1270 @ 2:55pm…every :15 minute block would finish down
3:10pm
…that is it…I was watching and ready to trade the SDS Proshares Ultrashort S&P , but the market is not following though to the downside fast enough…3:11pm…the DOW -230 S&P 500 1268…needed the move to break down by now…soi am just a spectator…
…HOW ABOUT YOU? let us know, post your thoughts and comments at razorimports.com and click on the blog or look around…
