Week of 15 May 2017 thru 19 May 2017

[blygh]

THE MORNING LINE

Rider	Horse	Open	Latest	G/L	%	Stop	Limit	Rank
1        Tiarra	BABA	121.03				117.90
2            Ira	AAOI	65.80
Spiderman	EXASdeflt	33.96
4     SD	ARGT	30.96
5  RealDeal	ITUB	12.87
6   Blygh	AMX	15.55				13.00	18.00
Market	SPY	239.47
8	QQQ	138.66

[ira85]

I'll ride AAOI long again. Edit *:02 PM: If it isn't too late, I'd like to add a stop at 62. -ira

Congrats Tiarra!!. You had the right stock, the right direction, and the right time frame! You had to have all three to have a winner and you hit it bulls eye!

About 4 weeks ago I was in last place on the year to date and deep in the red. I had just suffered a huge loss riding AAOI. I figured the only way I could get back in the hunt on the yearly contest was to gamble on a high flyer that had potential for big gains. It seemed, despite it's big loss, the AAOI chart still had an intact up trend. So I doubled down and stayed on AAOI long. Three weeks later it's done a great job of getting me back in the hunt. My keenly perceptive chart analysis tells me the trend is rising, moving up and to the right. Look at a six month chart of SMH. Pretty clearly and consistently higher for the semiconductor sector. So AAOI looks like it's in a rising market sector and within that sector it's a star performer and still cheap.

It will have a significant down week at some point, but I think I oughta dance with the one who got me here, at least for now. I know SD sold a third of his AAOI position. But since I have to go all or nothing, I'll stick with all. -ira

[sd]

Hi Ira, By selling 1/3, I am not giving up on AAOI-just took a bit off to lock in some gain....LOL! I Like your sector analysis- rising tide....in this market segment. I'm staying the course with Trailing stops- and i hope you do as well this week with it as you did last!LOL! I know that is self-serving!

[tiarra]

Trailing stops are a traders best friend! lol

BABA gapped open, which I loath.

[blygh]

And they are off and running

Rider	Horse	Open	Latest	G/L	%	Stop	Limit	Rank
1        Tiarra	BABA	121.03	121.40	+0.37	+0.306%	117.90		3
2            Ira	AAOI	65.80	64.01	-1.79	-2.72%			7
Spiderman	EXASdeflt	33.96	32.43	-1.53	-4.505%			6
4     SD	ARGT	30.96	30.86	-0.10	-0.323%			5
5  RealDeal	ITUB	12.87	12.89	+0.02	+0.155%			4
6   Blygh	AMX	15.55	15.91	+0.36	+2.32%	13.00	18.00	1
Market	SPY	239.47	240.30	+0.83	+.347%			2
8	QQQ	138.66	139.04	+0.38	+0.274%

Blygh takes the early lead 

[sd]

Here's the pic's after day 1!
Blygh- would you check the open on ARGT? Thanks.

[Spiderman]

Hi Blygh,
Sorry I didn't reply sooner to your answer about the YTD calculations. I've been on vacation out of the country and
was afraid to use the unsecure internet available. Thanks for the explanation I understand.
I only wish I could have selected a different horse the past two weeks.
Thanks again,
Spiderman

[blygh]

Out of the far turn

Rider	Horse	Open	Latest	G/L	%	Stop	Limit	Rank
1        Tiarra	BABA	121.03	124.02	+2.99	+2.47%	117.90		1
2            Ira	AAOI	65.80	64.97	-0.83	-1.26%			6
Spiderman	EXASdeflt	33.96	31.95	-2.01	-5.92%			7
4     SD	ARGT	30.96	31.13	+0.17	+0.55%			4
5  RealDeal	ITUB	12.87	12.96	+0.09	+0.7%			3
6   Blygh	AMX	15.55	15.89	+0.34	+2.19%	13.00	18.00	2
Market	SPY	239.47	240.08	+0.61	+0.255%			5
8	QQQ	138.66	139.62	+0.96	+0.7%

Lead change -Tiarra now in front Blygh a quarter length behind 

[blygh]

Interesting trading day - Tiarra's default pick -ETSY- was up 22% - SD's pick - ARGT 's daily trading volume was up 280% from the 65 DAY average. 

Welcome back Spiderman -  I guess that after a 640% one year rise - EXAS is entitled to little pull back

Blygh

[sd]

Market keeps moving forward-despite the political gyrations- Read where the political landscape - has been superceded by good earnings on the majority of stocks reporting, low inflation, low rates, "full employment ?" I have a couple of "safer" positions SPLV and XLU which are doing nothing-Offset by Tech positions that are doing quite well- Bought some QCOM yesterday.
ARGT had a large 3% intraday move today - Very disturbing that it was unable to hold the majority of the move- closing up just .5%- trend is still intact, close well above the ema but I have to view the move as a climax type move- That type of move meant that no one was willing to take the bid, and the offers declined . stop will be raised to the $30.70 -fast ema, as this is a recent position.

Edit Wed morning- Looks like politics may not continue to be ignored by the markets- Futures are all lower

[blygh]

Wed May 17              Out of the back stretch into the clubhouse turn

Rider	Horse	Open	Latest	G/L	%	Stop	Limit	Rank
1        Tiarra	BABA	121.03	120.72	-0.31	-0.26%	117.90		2
2            Ira	AAOI	65.80	61.38	-4.42	-6.72%			6
Spiderman	EXASdeflt	33.96	30.33	-3.63	-10.69%			7
4     SD	ARGT	30.96	30.35	-0.61	-1.97%			4
5  RealDeal	ITUB	12.87	12.53	-0.34	-2.64%			5
6   Blygh	AMX	15.55	15.55	0	0	13.00	18.00	1
Market	SPY	239.47	235.82	-3.65	-1.52%			3
8	QQQ	138.66	136.67	-1.99	-1.44%

Blygh retakes the lead on no loss - Tiarra on his heels

[sd]

Today was a good time to have relatively close stops-2nd place AAOI position stopped out- ($61.93) left with a final 1/3.
Sold BOTZ,ROBO,TQQQ,SHOP,ITA-XLU Lost a bit on XLU, ITA, kept a good portion of gains on the others-but down a net 2% or so on declining net values
In the past, I would have tried to jump to the short etf side- because that was my bias- (No freed cash is a good restraint)and my timing often caught me entering short just as the market decided it would rebound- GLD got a nice pop higher -(no position)
Holding a decent amount of SPLV, will see how well it compares to SPY's move.
Still holding SPLV, OEUH,ARGT,QCOM- AAOI-
Notice that the foreign stocks held up better- And SPY declined more than the qqq's by a bit despite the q's out performance.

[sd]

Ugly on the open for 4 racers as yesterday's decline continues-
Notice the tech -AAOI, and EXAS have at least held their own 20 minutes into the open-
As dramatic as the selling appears, particularly if you see your position gapping down lower, The decline is still quite small- with SPY at 240 close Tuesday, and is presently at 235.61 at 10:00 am. More selling in my holdings with AAOI,QCOM,OEUH argt selling off in the opening minutes-
Well, perhaps this is the beginning of the long awaited correction, and future purchases can take advantage of the price decline?

[blygh]

Thursday May 18    Round the clubhouse turn and charging for home

Rider	Horse	Open	Latest	G/L	%	Stop	Limit	Rank
1        Tiarra	BABA	121.03	121.27	+0.24	+0.2%	117.90		1
2            Ira	AAOI	65.80	63.98	-1.82	-2.77%			3
Spiderman	EXASdeflt	33.96	31.03	-2.93	-8.63%			6
4     SD	ARGT	30.96	29.51	-1.45	-4.27%			5
5  RealDeal	ITUB	12.87	10.22	-2.65	-20.60%			7
6   Blygh	AMX	15.55	15.08	-0.47	-3.025%	13.00	18.00	4
Market	SPY	239.47	236.77	-2.70	-1.13%			2
8	QQQ	138.66	137.26	-1.4	-1.0%

Tiarra leads as the sole rider in the black - Ira makes up ground as Blygh falls back - Real Deal takes a big hit 

[sd]

AND WHAT A DIFFERENCE A DAY MAKES-
COMPARE THE OPEN , AND THEN THE CLOSE