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UEIC Final Price Target Hit for a 20% Profit

The UEIC (Universal Electronics) short trade gapped beyond both the second target as well as the final target to open at 61.00, which is where any standing BTC limit orders would have been filled (or lower, as the stock fell sharply from there due to the opening order imbalances). From the entry price of 76.54, that provides a profit of 20.3% (or better, depending in the fill). With the stock now trading down 28% below the entry price & well below the final target, consider booking full profits as the R/R to remaining short in no longer attractive. UEIC will now [...]

2016-11-04T10:39:13+00:00Nov 4, 2016 10:39am|Categories: Completed Trades - Short|Tags: |2 Comments

Short Trade Ideas Overview (video) 11-1-16

This video provides an overview of the Active Short Trade Ideas currently listed on Right Side Of The Chart along with a brief overview of the broad markets as well as a few of the unofficial short trade ideas that stand out. The following stocks/ETFs are covered (although not in this order) SPY, QQQ, ATVI, AVGO, ISRG, MO, SBUX, SMH, SOXL, SOXX, UEIC, WB, YHOO, MDT, ABT, BSX, ZBH, & EW

2018-01-21T20:37:43+00:00Nov 1, 2016 1:11pm|Categories: Equity Market Analysis, Unofficial Short Ideas|Tags: , , , , , , , , , , , , , , , |Comments Off on Short Trade Ideas Overview (video) 11-1-16

UEIC First Price Target Hit

UEIC (Universal Electronics) has hit the first target (69.40) today for a 9.3% gain. Consider booking partial or full profits and/or lowering your stops, depending on your trading plan. T3 at 61.43 remains the final target at this time. Original & updated daily charts:

2016-10-14T15:05:56+00:00Oct 14, 2016 2:55pm|Categories: Completed Trades - Short|Tags: |Comments Off on UEIC First Price Target Hit

Semiconductor Sector & Trade Ideas Update (video)

By request, an update on the semiconductor sector including the recent semiconductor related trade ideas, both those still active as well as those that were recently stopped out. Discussed in the following order are: $SOXX (PHLX Semiconductor Sector Index), SMH (semiconductor ETF), AVGO, AMAT, UEIC, CDNS, NANO, NVDA & DLB.

2018-01-07T18:14:22+00:00Sep 22, 2016 3:23pm|Categories: Equity Market Analysis, Unofficial Short Ideas|Tags: , , , , , , , |3 Comments

Trade Ideas Update & Market Commentary (video)

I received some positive feedback regarding update the trade ideas in video format & will look to publish video updates on the trade ideas on a regular basis going forward. This video covers all of the recent active trade ideas, some of which have just recently exceeded their suggested stops. The video also starts out by covering an unofficial trade idea, CARA (Care Therapeutics Inc) that was posted in the trading room earlier today. I also discuss my own preference to temporarily suspend stops on most of my positions due to the increased likelihood of those stops being clipped over the [...]

2018-01-21T20:11:03+00:00Sep 19, 2016 12:27pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , , , , , , , , |Comments Off on Trade Ideas Update & Market Commentary (video)