OK its time for the week that was, and how my positions are doing. The overall trend in the market is to chug along going up a little at a time with only about 6 people actually trading stocks everyday. Apple and the rest of the FANGMAN stocks are in super redickulous territory in terms of their near term overboughtness. Take a look at Apples monthly chart and tell me that is sustainable for a few more months.
Anyway lets get the stupid stuff out of the way first.
RIG: TransOcean
I've done several cutting edge pumping solutions for Transocean over the years, and truth be told, they are probably the single biggest reason for my successful career up to this point. The stuff they have developed over the years is right up there with all of the popular electric vehicle and software innovations, but since they are in dirty oil, and how to get at that oil in places that are hard to access, they don't get any fanfare. So as it is, the offshore drillers are getting pounded like a $10 smack whore down near the naval shipyard during a 4th of July weekend celebration. Its been bad for companies like Diamond Offshore, Valaris, Nobel, and others. Cheap oil and price wars between the Saudi and Russian countries haven't helped an industry that just 6 years was booming. Well that's the way it goes, you're a hero one day and a loser the next.
With all of that, then why am I buying RIG?? Who knows, I'm a stupid shyt for doing it
, and I've been chasing it down for some reason all week after my initial buy. Just look at the chart, I have around 3 grand spent so far this week, and I'm going into a full 33% loss already. I knew I should have cut and run the day after I bought it at $2.13 and it tanked and closed at $1.91 but I didn't. I know on Monday the stock will move to my stop price and get me out at $1.04, which will be the $1000 point up in smoke and I can forget about the good time I've had.
TOTALS ALL STOCKS |
2020 |
|
IN
PLAY |
19,524.05 |
ALLOWED
LOSS |
-2,320.85 |
|
GAIN
SO FAR |
-534.25 |
|
|
|
TOTAL
GAIN |
-860.09 |
|
|
|
|
|
|
|
|
|
|
|
|
|
MONTH |
AUG |
15,307.35 |
-2,163.35 |
-528.15 |
-501.07 |
TOTALS PER STOCK |
RIG |
3,193.00 |
-1,009.00 |
-799.00 |
1,200.00 |
MONTH |
AUG |
3,193.00 |
-1,009.00 |
-799.00 |
0.00 |
STOCKS |
DATE |
TIME |
STOCK
TICKER |
SHARES |
BEGIN
BUY/SELL
PRICE |
TOTAL
IN PLAY |
SET
STOP LOSS
PRICE |
ALLOWABLE
LOSS TOTAL |
ALLOW
LOSS
% TOTAL |
TODAY'S
CLOSE/END
PRICE |
GAIN/LOSS
SO FAR |
END
SHARES |
END
BUY/SELL
PRICE |
END
GAIN/LOSS |
END
%
GAIN/LOSS |
TOTAL
GAIN/LOSS |
TOTAL
%
GAIN/LOSS |
PARTIAL 1
SHARES |
PARTIAL 1
BUY/SELL
PRICE |
PARTIAL 1
GAIN/LOSS |
PARTIAL 1
%
GAIN/LOSS |
PARTIAL 2
SHARES |
PARTIAL 2
BUY/SELL
PRICE |
PARTIAL 2
GAIN/LOSS |
PARTIAL 2
%
GAIN/LOSS |
PARTIAL 3
SHARES |
PARTIAL 3
BUY/SELL
PRICE |
PARTIAL 3
GAIN/LOSS |
PARTIAL 3
%
GAIN/LOSS |
08/17/20 |
12.53.26 |
RIG |
300 |
2.13 |
639.00 |
1.04 |
-327.00 |
-51.17% |
1.14 |
-297.00 |
|
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08/20/20 |
09.45.19 |
RIG |
400 |
1.73 |
692.00 |
1.04 |
-276.00 |
-39.88% |
1.14 |
-236.00 |
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08/20/20 |
14.27.30 |
RIG |
400 |
1.53 |
612.00 |
1.04 |
-196.00 |
-32.03% |
1.14 |
-156.00 |
|
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08/21/20 |
14.12.50 |
RIG |
1000 |
1.25 |
1,250.00 |
1.04 |
-210.00 |
-16.80% |
1.14 |
-110.00 |
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SQQQ: ProShares UltraPro Shares Short QQQ
I've been keeping this one around so I look at it everyday, and everyday the QQQs keep on going up. With $600 in play, it isn't as bad as the RIG play as of yet, and I do see a pullback coming in the next couple of weeks that will allow me to hit it hard. My chart isn't designed to allow for stock splits, so it may take a few weeks for me to figure it out so that the chart has the correct numbers.
TOTALS ALL STOCKS |
2020 |
|
IN
PLAY |
19,524.05 |
ALLOWED
LOSS |
-2,320.85 |
|
GAIN
SO FAR |
-534.25 |
|
|
|
TOTAL
GAIN |
-860.09 |
|
|
|
|
|
|
|
|
|
|
|
|
|
MONTH |
AUG |
15,307.35 |
-2,163.35 |
-528.15 |
-501.07 |
TOTALS PER STOCK |
SQQQ |
111.80 |
-31.80 |
379.00 |
-76.00 |
MONTH |
AUG |
111.80 |
-31.80 |
379.00 |
-7.00 |
STOCKS |
DATE |
TIME |
STOCK
TICKER |
SHARES |
BEGIN
BUY/SELL
PRICE |
TOTAL
IN PLAY |
SET
STOP LOSS
PRICE |
ALLOWABLE
LOSS TOTAL |
ALLOW
LOSS
% TOTAL |
TODAY'S
CLOSE/END
PRICE |
GAIN/LOSS
SO FAR |
END
SHARES |
END
BUY/SELL
PRICE |
END
GAIN/LOSS |
END
%
GAIN/LOSS |
TOTAL
GAIN/LOSS |
TOTAL
%
GAIN/LOSS |
PARTIAL 1
SHARES |
PARTIAL 1
BUY/SELL
PRICE |
PARTIAL 1
GAIN/LOSS |
PARTIAL 1
%
GAIN/LOSS |
PARTIAL 2
SHARES |
PARTIAL 2
BUY/SELL
PRICE |
PARTIAL 2
GAIN/LOSS |
PARTIAL 2
%
GAIN/LOSS |
PARTIAL 3
SHARES |
PARTIAL 3
BUY/SELL
PRICE |
PARTIAL 3
GAIN/LOSS |
PARTIAL 3
%
GAIN/LOSS |
08/05/20 |
13.13.37 |
SQQQ |
100 |
5.59 |
111.80 |
4.00 |
-31.80 |
-28.44% |
24.54 |
379.00 |
|
|
|
|
|
|
80 |
0.00 |
-447.20 |
-100.00% |
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CHEF: Chef's Warehouse INC.
This one is my wife's pick, and ever since I bought it, it turn right the fuk around and has been heading down just like she doesn't. I'm allowing it to bleed me of a couple of hundred before I cut my losses, which is at $13.57. I can't say the same for the 'ole lady, she has been bleeding me for around 25 years now and it just wouldn't feel right if I had some happy days at this point.
TOTALS ALL STOCKS |
2020 |
|
IN
PLAY |
19,524.05 |
ALLOWED
LOSS |
-2,320.85 |
|
GAIN
SO FAR |
-534.25 |
|
|
|
TOTAL
GAIN |
-860.09 |
|
|
|
|
|
|
|
|
|
|
|
|
|
MONTH |
AUG |
15,307.35 |
-2,163.35 |
-528.15 |
-501.07 |
TOTALS PER STOCK |
CHEF |
2,926.00 |
-212.00 |
-130.00 |
0.00 |
MONTH |
AUG |
2,926.00 |
-212.00 |
-130.00 |
0.00 |
STOCKS |
DATE |
TIME |
STOCK
TICKER |
SHARES |
BEGIN
BUY/SELL
PRICE |
TOTAL
IN PLAY |
SET
STOP LOSS
PRICE |
ALLOWABLE
LOSS TOTAL |
ALLOW
LOSS
% TOTAL |
TODAY'S
CLOSE/END
PRICE |
GAIN/LOSS
SO FAR |
END
SHARES |
END
BUY/SELL
PRICE |
END
GAIN/LOSS |
END
%
GAIN/LOSS |
TOTAL
GAIN/LOSS |
TOTAL
%
GAIN/LOSS |
PARTIAL 1
SHARES |
PARTIAL 1
BUY/SELL
PRICE |
PARTIAL 1
GAIN/LOSS |
PARTIAL 1
%
GAIN/LOSS |
PARTIAL 2
SHARES |
PARTIAL 2
BUY/SELL
PRICE |
PARTIAL 2
GAIN/LOSS |
PARTIAL 2
%
GAIN/LOSS |
PARTIAL 3
SHARES |
PARTIAL 3
BUY/SELL
PRICE |
PARTIAL 3
GAIN/LOSS |
PARTIAL 3
%
GAIN/LOSS |
08/18/20 |
13.32.44 |
CHEF |
200 |
14.63 |
2,926.00 |
13.57 |
-212.00 |
-7.25% |
13.98 |
-130.00 |
|
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CAT: Caterpillar INC.
This one was heading down until Friday when it shot up a couple of bucks and put me in the same position as the entry price when I shorted it at the top of a break up candle. Its sitting right below some resistance, so we will see if it turns back around or keeps moving up to my stop loss at $141.06.
TOTALS ALL STOCKS |
2020 |
|
IN
PLAY |
19,524.05 |
ALLOWED
LOSS |
-2,320.85 |
|
GAIN
SO FAR |
-534.25 |
|
|
|
TOTAL
GAIN |
-860.09 |
|
|
|
|
|
|
|
|
|
|
|
|
|
MONTH |
AUG |
15,307.35 |
-2,163.35 |
-528.15 |
-501.07 |
TOTALS PER STOCK |
CAT |
2,730.50 |
-90.70 |
-38.10 |
0.00 |
MONTH |
AUG |
0.00 |
0.00 |
0.00 |
0.00 |
STOCKS |
DATE |
TIME |
STOCK
TICKER |
SHARES |
BEGIN
BUY/SELL
PRICE |
TOTAL
IN PLAY |
SET
STOP LOSS
PRICE |
ALLOWABLE
LOSS TOTAL |
ALLOW
LOSS
% TOTAL |
TODAY'S
CLOSE/END
PRICE |
GAIN/LOSS
SO FAR |
END
SHARES |
END
BUY/SELL
PRICE |
END
GAIN/LOSS |
END
%
GAIN/LOSS |
TOTAL
GAIN/LOSS |
TOTAL
%
GAIN/LOSS |
PARTIAL 1
SHARES |
PARTIAL 1
BUY/SELL
PRICE |
PARTIAL 1
GAIN/LOSS |
PARTIAL 1
%
GAIN/LOSS |
PARTIAL 2
SHARES |
PARTIAL 2
BUY/SELL
PRICE |
PARTIAL 2
GAIN/LOSS |
PARTIAL 2
%
GAIN/LOSS |
PARTIAL 3
SHARES |
PARTIAL 3
BUY/SELL
PRICE |
PARTIAL 3
GAIN/LOSS |
PARTIAL 3
%
GAIN/LOSS |
08/21/90 |
09.30.01 |
CAT |
-10 |
136.80 |
1,368.00 |
141.06 |
-42.60 |
-3.11% |
138.43 |
-16.30 |
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|
08/20/90 |
09.30.04 |
CAT |
-10 |
136.25 |
1,362.50 |
141.06 |
-48.10 |
-3.53% |
138.43 |
-21.80 |
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GDX: VanEck Vectors Gold Miners ETF
Gold got pounded all week after Warren Buffet's rally when he announced he was getting rid of the banking stocks and getting into gold. Its a real big deal that he is doing that, and it says allot about the future of the economy. I have a buy order for this stock when it gets down to $36.79, but I think I will also buy some more if it get down to $35.81. The stop loss is way down there at around $31 bucks. I just don't see it coming back that much, and this sector is just taking time off the clock before it moves up again.
TOTALS ALL STOCKS |
2020 |
|
IN
PLAY |
19,524.05 |
ALLOWED
LOSS |
-2,320.85 |
|
GAIN
SO FAR |
-534.25 |
|
|
|
TOTAL
GAIN |
-860.09 |
|
|
|
|
|
|
|
|
|
|
|
|
|
MONTH |
AUG |
15,307.35 |
-2,163.35 |
-528.15 |
-501.07 |
TOTALS PER STOCK |
GDX |
2,046.75 |
-481.25 |
-2.25 |
1,733.20 |
MONTH |
AUG |
2,046.75 |
-481.25 |
-2.25 |
0.00 |
STOCKS |
DATE |
TIME |
STOCK
TICKER |
SHARES |
BEGIN
BUY/SELL
PRICE |
TOTAL
IN PLAY |
SET
STOP LOSS
PRICE |
ALLOWABLE
LOSS TOTAL |
ALLOW
LOSS
% TOTAL |
TODAY'S
CLOSE/END
PRICE |
GAIN/LOSS
SO FAR |
END
SHARES |
END
BUY/SELL
PRICE |
END
GAIN/LOSS |
END
%
GAIN/LOSS |
TOTAL
GAIN/LOSS |
TOTAL
%
GAIN/LOSS |
PARTIAL 1
SHARES |
PARTIAL 1
BUY/SELL
PRICE |
PARTIAL 1
GAIN/LOSS |
PARTIAL 1
%
GAIN/LOSS |
PARTIAL 2
SHARES |
PARTIAL 2
BUY/SELL
PRICE |
PARTIAL 2
GAIN/LOSS |
PARTIAL 2
%
GAIN/LOSS |
PARTIAL 3
SHARES |
PARTIAL 3
BUY/SELL
PRICE |
PARTIAL 3
GAIN/LOSS |
PARTIAL 3
%
GAIN/LOSS |
08/10/20 |
14.23.05 |
GDX |
25 |
42.62 |
1,065.50 |
31.31 |
-282.75 |
-26.54% |
40.89 |
-43.25 |
|
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|
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|
08/11/20 |
13.17.50 |
GDX |
25 |
39.25 |
981.25 |
31.31 |
-198.50 |
-20.23% |
40.89 |
41.00 |
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GLD: SPDR Gold Trust
This one came back as gold plummeted this week, and flirted with my buy price of $180.35, but didn't trigger the order. I suspect that the gold will start moving back up next week again, but for the foreseeable future it is probably in a range until Congress shovels out a pile of cash to everyone. There hasn't been much news on the stimulus, and I keep saying we will hear nothing until the market steps in and has a mini crash of some sort.
TOTALS ALL STOCKS |
2020 |
|
IN
PLAY |
19,524.05 |
ALLOWED
LOSS |
-2,320.85 |
|
GAIN
SO FAR |
-534.25 |
|
|
|
TOTAL
GAIN |
-860.09 |
|
|
|
|
|
|
|
|
|
|
|
|
|
MONTH |
AUG |
15,307.35 |
-2,163.35 |
-528.15 |
-501.07 |
TOTALS PER STOCK |
GDX |
2,046.75 |
-481.25 |
-2.25 |
1,733.20 |
MONTH |
AUG |
2,046.75 |
-481.25 |
-2.25 |
0.00 |
STOCKS |
DATE |
TIME |
STOCK
TICKER |
SHARES |
BEGIN
BUY/SELL
PRICE |
TOTAL
IN PLAY |
SET
STOP LOSS
PRICE |
ALLOWABLE
LOSS TOTAL |
ALLOW
LOSS
% TOTAL |
TODAY'S
CLOSE/END
PRICE |
GAIN/LOSS
SO FAR |
END
SHARES |
END
BUY/SELL
PRICE |
END
GAIN/LOSS |
END
%
GAIN/LOSS |
TOTAL
GAIN/LOSS |
TOTAL
%
GAIN/LOSS |
PARTIAL 1
SHARES |
PARTIAL 1
BUY/SELL
PRICE |
PARTIAL 1
GAIN/LOSS |
PARTIAL 1
%
GAIN/LOSS |
PARTIAL 2
SHARES |
PARTIAL 2
BUY/SELL
PRICE |
PARTIAL 2
GAIN/LOSS |
PARTIAL 2
%
GAIN/LOSS |
PARTIAL 3
SHARES |
PARTIAL 3
BUY/SELL
PRICE |
PARTIAL 3
GAIN/LOSS |
PARTIAL 3
%
GAIN/LOSS |
08/10/20 |
14.23.05 |
GDX |
25 |
42.62 |
1,065.50 |
31.31 |
-282.75 |
-26.54% |
40.89 |
-43.25 |
|
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|
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|
08/11/20 |
13.17.50 |
GDX |
25 |
39.25 |
981.25 |
31.31 |
-198.50 |
-20.23% |
40.89 |
41.00 |
|
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RGR: Strurm Ruger & Company
This is pretty much the only stock I'm happy with this week. It has had a run up in the last couple of months and now it is pulling back a couple of bucks a day since I shorted it. I will add to the short play if this continues in a heavier way probably o Wednesday when it sinks a little more. I'm expecting a pretty good pullback down to the $59 dollar range eventually.
TOTALS ALL STOCKS |
2020 |
|
IN
PLAY |
19,524.05 |
ALLOWED
LOSS |
-2,320.85 |
|
GAIN
SO FAR |
-534.25 |
|
|
|
TOTAL
GAIN |
-860.09 |
|
|
|
|
|
|
|
|
|
|
|
|
|
MONTH |
AUG |
15,307.35 |
-2,163.35 |
-528.15 |
-501.07 |
TOTALS PER STOCK |
RGR |
3,009.80 |
-96.20 |
101.40 |
0.00 |
MONTH |
AUG |
1,523.60 |
-29.40 |
69.40 |
0.00 |
STOCKS |
DATE |
TIME |
STOCK
TICKER |
SHARES |
BEGIN
BUY/SELL
PRICE |
TOTAL
IN PLAY |
SET
STOP LOSS
PRICE |
ALLOWABLE
LOSS TOTAL |
ALLOW
LOSS
% TOTAL |
TODAY'S
CLOSE/END
PRICE |
GAIN/LOSS
SO FAR |
END
SHARES |
END
BUY/SELL
PRICE |
END
GAIN/LOSS |
END
%
GAIN/LOSS |
TOTAL
GAIN/LOSS |
TOTAL
%
GAIN/LOSS |
PARTIAL 1
SHARES |
PARTIAL 1
BUY/SELL
PRICE |
PARTIAL 1
GAIN/LOSS |
PARTIAL 1
%
GAIN/LOSS |
PARTIAL 2
SHARES |
PARTIAL 2
BUY/SELL
PRICE |
PARTIAL 2
GAIN/LOSS |
PARTIAL 2
%
GAIN/LOSS |
PARTIAL 3
SHARES |
PARTIAL 3
BUY/SELL
PRICE |
PARTIAL 3
GAIN/LOSS |
PARTIAL 3
%
GAIN/LOSS |
08/20/20 |
09.30.03 |
RGR |
-20 |
76.18 |
1,523.60 |
77.65 |
-29.40 |
-1.93% |
72.71 |
69.40 |
|
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|
08/21/90 |
09.30.02 |
RGR |
-20 |
74.31 |
1,486.20 |
77.65 |
-66.80 |
-4.49% |
72.71 |
32.00 |
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