vmreyesa

vmreyesa Updated 

8 K Buy (1.5%) Avg Cost: 37.30 Stop 34.58 Risk: 7.29% New Overall Exposure: 35.82%

vmreyesa Updated 

Another Oil & Gas Power Play. 100% or more in less that 8 weeks. Been trading tight and holding since March. Overcrowded trade. IMO it makes more sense to buy oil names on pull backs to the 50 day than on breakouts but will give it small go again as it broke out today from tight area.

vmreyesa Updated 

Starting a partial position on pullback (Half Positioning, 500USDs risk). 180@30.19 Stock had a V shaped recovery from January. Its been consolidating since then giving some healthy shakeouts on low volume and thrusts of positive volume. When a V shaped recovery occurs, the stock normally has to "pay back" that lack of symmetry on the means of time and shakeouts....

vmreyesa Updated 

Entry with a super tight stop close to the danger point of making an outside day. A tight stop and the liquidity of this stock gives the opportunity to go bigger on size. Avg Cost: 461.06 Bought: 18K Risk: 150 USDs Risk: .92%

vmreyesa Updated 

Thin name. Broke out and bought a very small position as im not getting good traction. My slippage was terrible and it will probably be the same if I get stopped. Avg Cost: 39@101.42 Stop: 95.40 Risk: 5.94% Size: 4k .77% of portfolio. Overall exposure: 31.9%

vmreyesa Updated 

Nice VCP pattern on an industry that is not Oil & Gas. Bought a small pilot position(6.8K,1.3%,500 USD Risk, my full defensive position to nibble in a tough market) to see if I can get traction on the terrible market which shows narrow leadership outside Energy. Looking for the opportunity of a bear market rally from here. Maybe 10-15% from the lows. My view is...

vmreyesa Updated 

BOUGHT 1/4 position pull back buy. 120@66.75 --> 1.5% position. Overall exposure now @32.8% Stop 62.15 Risk:6.9% Shippers are holding nicely and look like they want to go higher. Opportunity here to start a position.

vmreyesa Updated 

Pivot: 24.65 Stop: 24.25 Avg Cost: 24.75 Risk From Pivot: 1.63% Position: Half Defensive (250 USDs) as stop is super tight and a strong gap down can be multiples of my risk. VCP Breakout on the Goldman Sachs Commodity Index. Added some exposure to my portfolio with this small trade. Over all exposure now 12.5% mainly on commodities and health sector. Waiting for...

vmreyesa Updated 

Post breakout shakeout makes this setup interesting. Oils stocks are leaders and we may be finding a bottom on the market for now. Even tho my personal opinion tells me this stocks already had their run, price and volume action tells me otherwise. I will be disciplined with my methodology and buy a small position as a toe in water.

vmreyesa Updated 

Added a new pilot position. Now 9% invested with 7 positions ranging from Oil & Gas, Pharma, Education and Chemicals specialty. Im trying to put a toe in the water with a "Shotgun" approach meaning im adding different small breakout names of different industries. Well see if I get traction from here so I can de-risk my first tries and build from there. Buy...

vmreyesa Updated 

Nice breakout to new high ground on Chemical Play. Bought 147 shares @109.32. 3.10% position. Stop: 104.10 Risk:4.77% Overall exposure now: 32.8%

vmreyesa Updated 

Pivot: 19.60 Avg Cost: 20.12 Stop: 18.65 Risk: 4.85 From correct pivot. Position Size: 8K (Half of "Positioning"), Moved fast from the pivot and couldn't fill my position. Im not chasing on this market. My risk model changed from Defensive to Positioning on the view that we may still get a bit more of this bear market rally until we find resistance when main...

vmreyesa Updated 

Starting a very small position on another Aerospace-Defense Stock. Small Cup with even a smaller handle. Going small as I've hadn't had good luck this year with them (LMT,NOC, etc...) and it may need to consolidate more and maybe give new entry points. Going small as I've hadn't had good luck this year with them (LMT,NOC, etc...) Quarter Positioning --> 250 USDs...

vmreyesa Updated 

BOUGHT 1/4 position pull back buy. 120@66.75 --> 1.5% position. Overall exposure now @32.8% Stop 62.15 Risk:6.9% Shippers are holding nicely and look like they want to go higher. Opportunity here to start a position.

vmreyesa Updated 

Quarter Positioning 250 USDs Avg Price: 71.09 Stop: 64.70 Risk: 9% Stock is showing relative strength vs market and vs other shipping stock. Portfolio today reversed so still playing very very small. Im glad I took profits on my oil stocks at the gap at the open. Overall exposure: 12.85%

vmreyesa Updated 

Biotech Power Play (164% increase since Jan low). Consolidated making a nice VCP with a constructive shakeout below the 50 day giving tennis ball action immediately with very nice up volume vs down volume. Avg Cost: 42.10 Stop: 38.55 Risk: 8.43% $ Risk: 675 usd--> 8K position size, .55% portfolio weight. Wanted to buy full "Positioning Size"-->1k risk, but stock...

vmreyesa Updated 

Oil & Gas keeps working on this market. Entered yesterday on the pullback. Trimming 50% today with a 14.7 gain.

vmreyesa Updated 

Text book breakout on a low priced name. Had a stage 2 breakout on past July. Its been consolidating very nicely this year making a perfect vcp base with a constructive shakeout and a handle that just gave an entry. AVG Cost: 7.14 Stop: 6.40 Position: 8K 1.5% of Portfolio. Stop % Risk: 10.36% Money Risk: 800 K--> Almost Full Positioning Now overall exposure 19.42%