Back at It

I hope everyone had a great 4th of July!  Thunderstorms are moving through right now, and the cooler air is very nice. 

Had a cookout on Saturday and it was fun!  I got a bit busy and did not take many pictures, but here are the baby back ribs before and after:

Came out pretty good.

Back at It
It would only figure that when I was taking a break from market stuff, everything goes nuts to the upside. One of the biggest multi-day rally's ever happened last week. While there could have been some low volume games and "window-dressing" going on, the panic buying as I like to call it was everywhere.

It is hard to enter a market that has been running so hot. Conventional wisdom would be for some side ways action or even a pull back. My feeling is that the upside party is not over, and we could see a couple more 1-1.5% broad moves up early in the week. So what to do?

Homework. I will go to work using the PPT screener and find the best looking set ups as I can. If everything looks good then I can go ahead, but with an eye towards broad market trends. Obviously I don't want to chase any names up 10-15% over the last week. Missed that boat.

Anyways, good luck getting back into the week.

Have a good night.

Homework Night

It was negative two degrees here this morning (-2)! That's all I have to say.

Homework Night
Seeing that I did no work all weekend I am going to do some screening tonight and look for some new trading ideas. I will be using the iBankCoin PPT as well as their secondary offering the 12631. I will update later if I come across something I am putting to work.

For a couple of great philosophical missives here are two I really liked this wee:

Jesse opines on rampant fraud and corruption in things economic.

Ilargi talks about unemployment and another FED trick to hide losses for all time.

Update
I sold EW tonight for a 6% gain. I still like the chart but this company seems hell bent on buying something soon so I will sidestep that drop for now.

Update again
Screening for two hours now. Not much standing out to me. Going to review TRCR, ABCO, and PBTH. I like TRCR the most but no hurry as the setup may take a bit.

TRCR, do you see what I see?:


Have a good night.