May 28. Overcoming the China punch.

The big news today was that China got smacked in the face.

Nothing like waking up With an ETF down over 15%.  That said, I was prepared to take it to the MA, which essentially held (ok failed by .02) YINN rallied into the close.

There was a weakness in WUBA so I decided to close my calls and take the loss:

Other than that, I had a good day. Lead by FEYE which broke big.

Bought UEC:
2.90 nice close with strength.

ANTH: 5.28

PFNX:
Entry 18.30

AGEN:
I took a partial close in the AM at 7.80.  I closed the remainder when it ran above 8.00 and then failed.  A morning pull back is common and healthy in a breakout.  A failed push after it regains its footing is not a good sign imo.

AAOI: 
Entry 16.53
Entry 2: 16.81
Exit 1: 19:
Entry 3: 18.18
Exit 2: $17.48

I missed played this one a bit.  My add yesterday should have been very profitable yet I let the position fade where I got stopped for a profit.   Had I used the pop to sell out again, I could have added where I was selling.    I still think this is in play to the upside.

ERI: closed  not a position I really was into.  I gave it a chance, the breakout was mediocre and since I had considered just closing it for a loss a couple of days ago, I'm content making a couple 100 on it.
Entry 8.24
Exit: 8.44

BOJA:
26.38
Closed 27.43

TANH: Broke to new weekly highs.  I took a partial sale at 15.34.  As this is thin and my position was bigger than I had wanted.

EMES: Short 39.30

May 26 -- Markets sell off - more chop zone.

Markets sold off today.  Weekly breakout has failed thus far, but If I had to guess we will straddle that line all week.

Vix did run into resistance and then sold off:

I don't see a full break down here of the markets.  Most likely more chop.  If I had to guess a sell attempt in the morning and then a rally into the afternoon.

Anyway, although the markets falter and it was a wild day. My positions did well for the most part as my equity increased about 2.5% today.  I made some well - timed buys in FEYE and TANH.


 But I was not completely unscathed.

SALE-- this one was not to be as I got stopped

Entry 21.33
Exit: 20.52 (.03 slippage)

AAOI closed up 16%. -- -Monster breakout.  I decided to use a bit of the thrust to book some profits.
 I sold off a portion of my position at $19.00

Dip buy adds, FEYE
$44.25

TANH: This is one you just have to trust your levels.  I did and bought at 12.25  I was rewarded with a pop into the close

On a weekly makes sense as there was the back test following a great move.

BOJA:
I do love the IPOs.  I bought BOJA into the close 26.38 as it reversed red to green to close at the high.  That usually translates into a move in the next day.

Great little run on the hourly:

Existing positions breakouts.  I had two positions that had lagged finally get going, ERI and LGIH