This blog is all about stock trading, I will be constructing and maintaining a 50K hypothetical portfolio. All my trades are based on technical analysis although I like to make a brief check of the fundamentals.
I like to keep a 15 stocks portfolio at all times either short or long. Sometimes I have short and long positions together, but most of time I trade only one side of the market.
Buy and sell orders will be posted here and also stops and limits.
For my first pick I’ll do a technical analysis of a stock I’m willing to sell short.
Hmsy is a weak stock compared to the Sp 500, since March 10 the SP has gained 27.5% while hmsy has dropped from 32.2 to 29.22 for a dismal 9% loss.
HMSY is trading below the 50 day sma. My first order is
Sell short 110 HMSY at 28 stop 27.87 limit
- ► 2013 (13)
- ► 2012 (48)
- ► 2011 (29)
- ► 2010 (24)
- Erick Stern
- I am a civil engineer who likes charts, to me, speculating in the markets is both a hobby and a second profession and in my view the stock market is the most honest environment, since it is only your knowledge and preparation that matters. I live, and work in the construction industry, in the Dominican Republic. I read and answer all my mail so please feel free to write email@example.com Thanks, Erick