This had a big gap down this week and looks bearish. I think we can get down to $14.60 before we see some real buyers come in. I am looking to sell any move that gets close to $20.
ARUN – 60 Minute – 23 November 2014
Citi has been rallying fairly nicely from $48, and I am looking to join. I like the two highlighted zones, namely $52.87 (slightly more aggressive) and $51.45.
C – 60 Minute – 23 November 2014
Canadian Solar ($CSIQ)
The weekly chart is not all that great on this one, but the 60 minute zone is tight enough that I am willing to take a trade, considering that if it holds we are putting a large bottom here, in other words, if it holds, we have a lot of room to run.
CSIQ – 60 Minute – 23 November 2014
It looks to me that last week we finally flushed the weak longs and this is ready to go. This is a good looking position trade to me.
HAL – Weekly – 23 November 2014
Good looking zone here at 23.12, nothing fancy, just good zone, good RRR.
HUN – 60 Minute – 23 November 2014
This has put in a base on the weekly chart and I really like the look of the 20.52 level for a long. Solid setup.
This has been on a tear and might be looking to pull back a bit. I’m looking at the 48.56 level to enter a long position.
YHOO – 60 Minute – 20 November 2014
Netflix got pounded after earnings and is still digesting. I like this one for a position trade, and I’ll be looking to trade it at the 354.17 level. It’s working off weekly demand and I see weekly supply at 475 which gives us a lot of room to go.
NFLX – 60 Minute – 20 November 2014
This one has been a high flyer but has failed a number of times at 85.50 so I am looking to get short. It made a lovely overnight level at 78.96 which is where I am looking to get short, targeting 60.
The S&P futures made a nice rally-base-drop overnight that I will be looking to sell. The zone is from 2,052.25 – 2,054. Since making the zone it has just been chopping around in the pivot range. I have three targets on that zone, the first three points, the second at the demand level at 2,037.50 & the last at the daily chart demand at 2,030.50 (see image below). It is not uncommon for the futures to sell off first thing these days, only to catch a bid and rally for the rest of the day.
ES – 15 Minute – 19 November 2014
Looking at the daily chart, there is a lovely looking demand level at 2,026.75 – 2,030.50 that I will be looking to buy. It is fresh, and also a bear trap as I think there are some stops under 2,031.25.
This is an interesting one. It go whacked after earnings and has rallied ever since. Last Friday it had very strong move from the 314-316 level, and I am looking to buy should we get there again. I think there will be weak longs with stops below 318.03, which makes it an interesting trap trade too.
AMZN – 60 Minute – 18 November 2014
Alibaba Group ($BABA)
BABA has been on a tear lately and is pulling back. There are three zones where I am looking to trade – in the 108, 104 & 98 areas.
BABA – 60 Minute – 18 November 2014
Another strong tech stock that looks good on the higher timeframes. I like the look of the gap fill area at 59.13.
CRM – 60 Minute – 18 November 2014
I love Google as a company and I use many of their products, but the stock has lost it’s mojo of late. Having said that, I am looking at a sneaky little area at 533 for a swing long. I believe $GOOGL under 600 is a bargain, so I’ll be swinging and adding to a long term position trade there.
GOOGL – 60 Minute – 18 November 2014
Lululemon Athletica ($LULU)
The LULU weekly looks like it has put in a bottom so I am looking to get long on a pullback. I like the look of the 41.50 area as a nice clean entry point.
I’ve been running Plex Media Server on an old desktop machine that runs in my closet for a few years now. It was running on Centos 5 and has performed beautifully, with the family using it constantly. Unfortunately, as it goes, hardware fails, and I lost two hard drives and the optical drive at the same time. With the new hardware in place, these are the steps I took to get the family fun center up and running.
Download and install Centos 7. This is the latest version of the OS. I have done a minimal install. The install goes great, but Red Hat have removed support for 100mbps NIC’s in this latest version, so be sure your hardware is running a gigabit network card, or else Centos will not pick it up. I bought a Trendnet card from Amazon for $10, and Centos picked it up perfectly during the install.
Once installed, log in and install a few packages that I find useful, namely
Perform a system update – yum update
Secure your server. Linode has got some great articles & tutorials, and their one on securing your server is a must. Follow their instructions for a secure Linux server. Just remember to check your permissions and ensure 0700 for ~/.ssh and 0644 for the authorized_key file in that folder.
Disable SELinux by editing the file /etc/sysconfig/selinux I have found that SELinux messes with the media server, and in all honesty is not necessary for a media server.
My media is on a NAS that I will be accessing via NFS, so I will install the NFS client – yum install nfs-utils nfs-utils-lib
Connect to my NAS. I created a folder called /mnt/NAS and have added the following line to the /etc/fstab file: “192.168.1.110:/mnt/HD/HD_a2/media /mnt/NAS nfs defaults 0 0″. To test it run mount -a
Download Plex using wget
Install Plex by running yum localinstall
Open the appropriate firewall ports for PMS. See the following article for the list of ports. The command to open a port in Centos 7 looks like this: “firewall-cmd –add-port=32400/tcp –permanent”. You can use nmap to check the open ports (sudo nmap -sT -O localhost) or “firewall-cmd –query-port 32400/tcp”
Make sure Plex starts on system boot. You can check this with “systemctl is-enabled plexmediaserver.service”. If it returns “disabled” then turn it on with “sudo systemctl enable plexmediaserver.service”
Now go to your Plex media server via a web browser on another machine and start adding libraries – http://192.168.1.231:32400/web/index.html
If you are having trouble, there are a few resources that may help.
DigitalOcean also have great articles on setting up a Centos 7 server.
What in interesting two days in the market. Yesterday a huge selloff and then today the huge fed-induced rally. I thought we still had a fair amount of room to go to the downside up until a couple of hours ago, but now I believe it is time to be long hunting again. My reason: all four of the indexes put in pink extended range candles today, many of them engulfing too.
$COMPX – Daily – 8 October 2014
$DJI – Daily – 8 October 2014
$INX – Daily – 8 October 2014
$RUT – Daily – 8 October 2014
I’ve noticed that all too often trends start and end with a big blow-off pink extended range candle. The lows of today are important – above and I am long hunting, below and it is all bets off again.
I have been very bullish on the financials ($XLF) but the market is starting to look a little tired, and I think the financials will be dragged down too. I got short Goldman Sachs ($GS) today, and am looking for a selloff into next month. The next good looking daily demand is 173.27.
GS – Daily – 26 September 2014
My entry is a somewhat tiny 15 minute zone, but to me this short term price action is telling. $GS failed at the highs earlier this weak, and is now starting to break down in my opinion.
GS – 15 Minute – 26 September 2014
I closed a bunch of trades today, and sit largely in cash, looking for tactical opportunities every day. Now is not a time to be loading up for the long term.
There are also a number of opportunities to get short in some other names, and I have resting orders to sell. These names include
When you really believe that trading is simply a probability game, concepts like "right" and "wrong" or "win" and "lose" no longer have the same significance. As a result, your expectations will be in harmony with the possibilities.