Satuki @ Home

It has been a while since I updated my blog and my portfolio last time. Some people asked If I stopped trading. The answer is “No”.  For a housewife like me, I do not see anything else except day trading as a viable livelihood.  If you ask around, most people will perhaps tell you that they hate their day jobs, ,hate their co-workers ,hate their bosses, or the morning rush hour traffic.  I agree with them.

I was semi active in July. As you can see from the performance report generated by TradeStation below, I took a total of 19 trades and lost a bit over 300 dollars, which includes the commissions.  So I did not lose much per say.  A losing month is normal. Therefore, I will not analyze this and that.  Click the image below and a lot of the fields are self explanatory.

I do not post in my portfolio as much as I used to because I found it distracting.  But I will try my best to do it when possible.  However, I do post my sentiment(market directions and watch list)in the forum almost every day.

Alright everyone, good luck and have a better August!

I think a lot of traders are.  Look at the chart below.  If you were long before point C and you are disciplined,  then you would have been stopped out of most of your positions. 70-80% of your portfolio follows the general market.  That is why some people prefer trading E-Mini.

If you were ambitious, you perhaps flipped to the bear side.  It did make sense to short the market at that point since C was a major support.  Nevertheless, the end result is that you are slapped left and right.   Those were textbook set-ups. But they did not work this time.

 
Click on the image to have a better view

That is trading.  You will have to have the stomach for this.  Anyway, the market will probably remain weak for the summer.

Here are a few stocks that have been performing much stronger than the general market.

Click on the image to have a better view

Netflix, Inc. (Public, NASDAQ:NFLX)

I have Netflix’s 2 DVD package.  Service has been great and their competitors are weak. 

Valeant Pharmaceuticals International (Public, NYSE:VRX)
This stock just made an all time high a few days ago.  It seems pretty stable although it is a pharm stock. 

Questcor Pharmaceuticals, Inc (QCOR)
It has just reached an all time high too.  But it seems to be a more speculative pharm stock than VRX.

 
Crocs, Inc. (Public, NASDAQ:CROX)

I believe this stock, just like Drys, has broken many people’s hearts.  But it is crawling out of a multi year bottom.  The recent strength relative to the general market is worth watching.