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Shipping Sector Overview & Trade Setups

This video covers the charts of some of my favorite trade ideas in the shipping sector. As these trades are extremely aggressive coupled with the fact that I like to take a "shotgun" approach by taking small lots scattered among different shipping stocks within the sector in order to diversify, these are only unofficial trade [...]

Apr 11, 2016 11:28am|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , |2 Comments

DRYS Long Setup

DRYS will trigger a long entry on any move above today's high of 2.25.  As the 2-day period chart below illustrates, DRYS made a brief intraday breakout above a multi-year downtrend line but has since fallen back to just below that key resistance level.  Also note on the weekly chart below that as with the [...]

May 20, 2013 12:29pm|Categories: Completed Trades - Long, Uncategorized|Tags: |Comments Off on DRYS Long Setup

Long Trade Ideas Removed

As mentioned earlier, there are several recently stopped out long-side trade ideas that had not yet been removed from the Active Trades category.  Below is a list of those stocks, followed by the reason for their removal from the Active Trades list.  These trades, like all trades posted on the site, successful or not, will [...]

Nov 7, 2012 9:34pm|Categories: Completed Trades - Long|Tags: , , , , |Comments Off on Long Trade Ideas Removed

shipping stocks update- part 1

i've been so focused on trading the short-side that i've neglected the long trade ideas lately.  although most of the active long trades are sucking wind along with the market lately, only a couple have been stopped out & will be removed from the active trades category (EXM & EGLE). here are the updated daily [...]

Oct 31, 2012 9:38am|Categories: Completed Trades - Long|Tags: , , |Comments Off on shipping stocks update- part 1

DRYS update

several of the shipping stocks have fallen back below their recent breakout levels, which may have triggered some tight stops for more active traders.  for those longer-term traders that entered a position on the recent DRYS breakout and planned to give their stops more room to adjust for a higher profits target, i've added what [...]

Sep 26, 2012 10:34am|Categories: Completed Trades - Long|Tags: |Comments Off on DRYS update

shipping stocks update

all the recently triggered shipping stocks still look fine today, regardless of the pullback in the group (which isn't a shocker after the moves they had yesterday). PRGN, EGLE, EXM, & DSX are all either back to or still above their recent breakout levels while DRYS is just below but sitting on that lower support [...]

Sep 20, 2012 3:47pm|Categories: Completed Trades - Long|Tags: , , |Comments Off on shipping stocks update

DRYS triggered

DRYS was another long setup that triggered this morning and unlike DSX (both shipping stocks), DRYS moved considerably above the breakpoint of 2.62 and although it has come in a bit, it remains above that level.  actually, DSX has now moved back above the downtrend line as i type and from my experience, the stocks [...]

Sep 19, 2012 11:08am|Categories: Completed Trades - Long|Tags: |Comments Off on DRYS triggered