Permagnus.com

Can PALM play today bring profit for us? Click the chart to enlarge.
 
I believe it’s safe to buy puts or short if PALM today can’t break a $15 price. William’s %R is still not in an oversold condition so there’s still probability for PALM to go minus for today. As usual, this is only for [...]

Not much trading ideas right now unless Dow Jones can trade above the resistance line that I’ve drew for the last couple of days. Asia is mostly green and so does Europe at the time of this writing (around 4 AM EST). There will be two scenario, Dow Jones opened up above 13100 line and [...]

I was right (well, many are right) that The Fed’s decision to slash its rate on discount window isn’t the cure that the market is expecting and Dow closes down around 30 points in a pretty low volatility session.
Out from 3 trade idea that I posted here, I only execute two of them which is [...]

At the time of this writing, Europe is bouncing back a bit and many are in the green. I’m still uncertain about the long-term market outlook so this will be another short-term play (1-5 days max). So here it goes, I’m going to get long on SPWR (I believe will break its short term bearish [...]

On Monday we see a very nervous session with Dow Jones trading on a very narrow channel early session. Dow even managed to break down that channel as far as 12982ish although closed up 40+ points. The market, through this chart below, told us that the fed discount rate isn’t exactly the cure that they [...]

Yesterday’s trade isn’t really bad. I posted some about FSLR and ADSK in which both moved exactly as the chart told us. I opened a long FSLR Sept ‘07 85 Call @ $9.3, long ADSK Sept ‘07 42.5 call @ $3.6. I also have some impulse buy on AAPL Sept ‘07 125 call @ avg [...]

After the darkest, then pitch black, then finally a silver lining. I have a lot (I mean, A LOT) of stocks that is already heavily oversold and prepared to go higher. However, the dust hasn’t settled yet. The stocks are indeed poised higher but looking back through the last trading session where the market can [...]

Refer to this chart below (click to enlarge) that I made several days ago before The Fed’s announcement on discount-window interest rate cut.

However, after The Fed’s announcement, we can see a very big rebound which succeed a long doji the day before (my guess is, the news might already leaked and some smart money [...]

One of the tech stock that I’m looking into is ADSK that just released their quarterly earning report and got more than 5% price boost because strong reports. Fundamentally, the company increased their Q3 outlook from $520M - $530M to $530M-$540M, well above the consensus of $528M. This only means that the company is certain [...]

Another good play that I liked is FSLR. Just look at the chart, this stock is a screaming buy IF the dow jones can close green above 13100 today. Click to enlarge

Share This