That Was Refreshing

Ah, the market finally went up today. DNS +62, +43, +14.

Trades: none. I put in low-ball orders for SMTC and SPRD calls but there was no Friday afternoon panic selling.

JKS reports earnings Monday morning.

ENTR may have a pulse.

CCM is back to a new low. If you're really quiet, you can hear CCM owners kicking themselves.

Value-sales portfolioe, +52.6%

The value sales port rebounded nicely, up +52.6%.

Reversal alerts: (29), four with decent reversal patterns and fundamentals. BBT is my pick here, CPSI is higher than I'd like, FULT and COGO bring up the rear. I'll stick with what I've already got though.

Hope It's Not a Train

Could that be light at the end of this tunnel? Prices seemed to firm up a bit today. DNS -37, +15, +8.

Trades:

I bought shares of JKS and CF.

I bought an ITM March call spread on CF ($134.02). You should be able to pick up a $125/$135 spread for $6 or less that's worth $9 now and expires in three weeks. That's 50% in three weeks on a great stock ... even Cramer likes it. It's even sporting a strong reversal signal with good symmetry following a weaker one.

Other thoughts:

Thanks John for GTLS who beat estimates. Ca-ching!

RBCN holding strong.

ENTR still in search of a bottom.

CCM got away ... maybe.

Reversal alerts: (20) fitered down to:
BRCM - strong sales growth and a P/E falling from 21 to 18.
CBOU - guided up yesterday and bounced 15%. The forward P/E was 18 ... probably much lower now.
STEC - sales have been climbing, earnings will flatten out with the P/E falling from 38 to 17.
ERIC - little or no sales growth but sustaining a higher level of earnings dropping the P/E from 23 to 17.

Jumped the Gun

Another rough day. I may have bought too much too soon ... we'll know before long. DNS -107, -33, -8.

Trades:
Other than what was mentioned below, MCHP hit its trailing stop, +6.76%.

I picked up another JKS call spread for March.

I'm thinking the June JKS spread may be a bit long to wait for a spread, so I may cover the short call if it gets cheap enough.

Earnings:

WLL reported after the bell today. GTLS and IMAX report tomorrow, DRYS on Friday.

Reversal alerts: (4), nothing interesting.

+Ming Yang

I bought shares and calls on MY and PWER.

I sold calls on AEIS at break-even (+1.8%) and Shaeffer pick SHW (-37.7%).

I need this market to get back on track! The energy plays are doing okay, but the tech stocks need some help ... and Ford too.

Those Whacky Lybians

DNS -178, -78, -28.

Bought:
Stock - RES, TTMI and WLL.
March options -  JASO (x 2), TTMI, and VSH calls.
April options - JKS spread (x 2) and VSH calls.
June options - JKS spread.

Reversal alerts: EOG

Holiday

No trades other than expired options.

CF shown below.

ENTR call options were exercised, buy at $7.50.

DRYS protective put expired worthless.

Looking for Cracks

in the pavement, so to speak. I don't think the DOW's gain was representative of the general market. DNS +73, +2, +3.

Trades:
Trailing stops were hit for ANR (-1.93%) and CF (-4.92% & -3.75%).

I had a limit order in to sell my SMTC calls when it got back to even. SMTC gapped up, filled my order, and kept going (+3.16%).

My CF call spread expired today, +138.4% less commissions.

The value-sales port is up +57.3%.

Reversal alerts: (3) ... junk.