Have you held it?

The following is from my Wednesday's newsletter, "Some volatility is normal, I still think we have further upside. But more decline will change my bullish stance". Last week some traders I watched got scared and went short, which was understandable, but too early and plainly wrong. My model said to cut some losses, at most. And that is what I did. Sold some to raise capital and ready to jump back in. This week I think we rocket higher!

Santa rally underway?

It looks the consolidation is over and the train is about to leave the station!

CMTL

CMTL has been a steller performer.

SBH

SBH has been a nice performer for my members.

MCP

Currently the only long position in my newsletter is MCP.

Crisis is over?

The market has been digesting the recent gains and waiting for the resolution from out government.

LNKD

LNKD has held very well lately.

Great escape

That is why you have to have a stop in place!

Resting

The market broke the resistance and now is resting. It has been a very strong and powerful rally!

Update: NTGR

NTGR was stopped out with gains.

Update: PLCM

PLCM was stopped out with gain.

Update: RRGB

RRGB reached the target.

Update: IPSU

IPSU was stopped out with a tiny loss.

AGQ

The subscribers booked the profit on AGQ today!

Recent trades

Please go to the right side of this blog to check my recent trades during the absense. I have kept all the trades I recommended.

Market found the bottom?

The market seems to have found the bottom.

RRGB

RRGB is in the strong restaurant sector.

NTGR

NTGR is also breaking out.

PLCM

PLCM is on fire too!

IPSU

I recommended it yesterday.

Sorry for the absense

I got an email from a member asking if I am OK from the recent decline. He was concerned and thought I took some heavy loss. The reason for the absense was my VPN not working again. During this time I was just using SINA WEIBO and STOCKTWITS to microblog. So if I am absent again in the future, you can find me at http://weibo.com/1710670822 or http://stocktwits.com/uclatrader

QQQ

If it could close above the red moving average, I will claim that the bottom is in.

Sell in May, go away?

The market pulls pack slightly, which masked the truth that the momentum stocks getting sold very hard.

Update: RAX

RAX was stopped out.

Update: VG

VG was stopped out with 20% gain.

Update:KUTV

36% in 4 days! The target is met and the position is closed.

RAX

RAX looks strong as the cloud computing group is rocking!

KUTV

KUTV continues to surprise us. Target ahead!

APKT

APKT reported a solid earning and continues to rock on!

Update: VG

I am still holding VG!

IL

IL broke out last week, more upside ahead.

Update: SOHU

Taking profit before SOHU reports the earning on Monday.

Inverted head and shoulder!

As I had expected, we had an inverted head and shoulder breakout that is super bullish for this summer.

Update: AVL

AVL reached the target, 25% in 5 days!

Update: RAX

RAX reached the target on Friday.

Update: AVL

AVL may break out again!

VG

VG's strong close did not surprise me.

Going back to old high?

The decline seems over, the lack of volume still concerns me.

Update: RAX

RAX acted very well since the breakout.

CMG

CMG is breaking out today.

Update: LULU

LULU met the target and the position is closed.

SOHU

SOHU is breaking out today, more upside ahead.

LULU

LULU has performed very well, I am about to take profit.

AVL

AVL is breaking out today, more upside ahead.

RAX

I also bought RAX that closed little weak.

SRCL

SRCL broke out last week, which was in my newsletter as well.

VLO

The energy names showed the leadership, VLO is one of them.

Is the worst over?

Although we are oversold, the market is still lack of leaders. Any bounce should be sold into, more time is needed to build a sound bottom. Patience is the key, and cash is the king!

FFIV

FFIV reached the target and the position is closed.

Updated: JDSU

JDSU was stopped out.

JDSU

JDSU was breaking out last week, which has been added to my newsletter.

Update: SOL

The target was met yesterday and the position was closed.

Update: FIG

Stopped out today with nice profit.

Update: LULU

Stopped out today with nice profit.