Friday, August 29, 2014

($SPX, $SPY) Bullish sentiment among individual investors ticked up 5.8 percentage points this week to 51.92% according to the AAII.  Over the last three weeks, AAII bullish sentiment has ticked up more than 20 points from its level of 30.89% on August 7th.  This is the highest bullish sentiment reading we've seen all year, and it's the first time it has been above the 50% mark since 12/26/13.  

Tuesday, August 26, 2014

($XCO) I have just sold my second position in Exco Resources for a quick +6.80% profit. I believe it will go higher, but this is just risk management.

Wednesday, August 20, 2014

($BVN) I have sold my entire position in Buenaventura for a mere +2.96% profit, since my entry point was wrong and in addition the Fed minutes were a little bit hawkish. This way I increased my cash position further.

Monday, August 18, 2014

($SD) I have bought some more Sandridge Energy today, since it looks like it can rebound from these levels.

($XCO) I have bought some more Exco Resources at these levels today, since it looks like it can rebound from here.

Thursday, August 14, 2014

($VLO) Today I have sold my entire position in Valero Energy for a +4.18% profit, increasing some more my cash position.

Wednesday, August 13, 2014

($NUE) I have sold my entire position in Nucor for a +4.37% profit, in order to increase my cash position.