BCSI has been on a tear lately and did a huge gap up on 8/22 then over the next 2 months formed a nice ascending triangle pattern. It broke out with good volume on 10/10 which means it wants to go higher. My first target is $52+ range. I placed my order in at $46.50 and got filled this morning.

RGLD - Royal Gold is still looking good holding well above EMA9 and EMA21. It’s still on target to go towards $37. (Original entry)

FCX - Also another precious metal stock play is holding very well. Yes, there was a sell off on Thursday, but the price on Friday did not go lower then the low bar on Thursday and on lighter volume. It may test $112 but then head up again.

ICE - I got stopped out on 10/11 @ $158.3 but I did get a +16% profit. This was a classic top like I speculated that it would attempt to rise to $164.99 which it did on 10/10 and 10/11. On 10/11 it hit a whole number high of $165.00, failed and closed down with wide price spread. I am going to re-enter at $153.20 if the volume looks good.

AIRN - Thank goodness for stops, I got out for a small loss but it could have been much worse. I like the action on Friday when it close above the EMA21. If it can close above the EMA9 on higher volume I will get in again.

POT - Trade is still in play (Original entry)

VLO -Price action on Friday was good. Still on target to $78.52 (Original entry)

Potash (POT) is a stock in the fertilizer business that I follow along with Mosaic Co (MOS) which announced very good earnings last night. I am entered into POT this morning at $110.5 as the volume as very strong in the morning. We closed the end of the day easily pushing past the last swing on 10/2 on 4.8MM shares versus today at 5.8MM. The stock is over extended from where I normally enter into positions but the overall sector is strong.

My first target price is $141.

Yesterday I entered into a long position with Valero at $71.05. There is good technical support as the EMA9 crossed above the EMA21 and the EMA50. Additionally there was good volume pushing this through. Today the price broke past the swing high on 9/6 with 10.6MM shares versus 8.9MM.

My first target was $72.30 which was reached today but could not close above it. My second target is $78.52.

DO - I closed my position for a loss of 2.25%. It was trading sideways for too long and was not moving up like the other oil stocks. Instead I bought Valero (VLO) to replace this.

RGLD - Still in trade, it went down on low volume and went down to EMA21 and close above which is good.

AIRN - Great run in a few days I’m up +6.81%. See original entry

FCX - Technical are still good and could not close below EMA9. Should bounce up.

ICE - What a beautiful trade it has done everything that I predicted - see original entry and I am up +16.4%. It hit my first target of $149.99 on high volume and heading towards my second target of $164.44. The volume is drying up as we near this resistance so keep an eye on this in the next day or two.

CPST - I am currently out of this but like the stock. Technicals are not good right now and touched my price of $1.12 but on high volume. I would like to see this touch $1.10 on lighter volume then enter again.

The market is turning back up this morning as it was down for a while. I do not see much action today as we are waiting for the government job report tomorrow. I don’t expect much action today. I entered into a long trade with Royal Gold (RGLD) at $32.50 this morning. It showed great resistance bouncing off the EMA(21) and now above the EMA(9) these are magic support lines. Additionally there was a high volume high on 8/8 at $31.83 with 1.8MM shares. Keep your stop just under the EMA(9).

AIRN - [[AIRN]] This is acting nice this morning up 3% at $2.67 on already stronger volume then yesterday. This is still on track to head towards $3.00.

FCX -Freeport McMoRan went down today because spot gold lost $14. FCX did not break the low of yesterday and was on loghter volume which is good.

CPST - Capstone Turbine I was stopped out at 1.17 and did not get back in the trade. The good news is that it hit my target price of $1.12. The bad news was that I forgot to place my order in……..

ICE - InterContinental Exchange is still holding strong with a current unrealized profit of 11.8%. I still think this will go up to $165.

DO - Diamond Offshore, still in trade at $111.52, it formed a bullish hammer which is positive but let’s what the action in the morning as I think oil prices might go lower since the US dollar bounced higher today which is why gold traded lower.

AIRN - Airspan Networks entered at $2.55 this morning.

I went long this morning at $2.55. The stock touched the $2.00 price 4 times and the last time there was 2.75MM shares. My first target is $3.01 but I suspect this wants to test between 3.20 to 3.60 price. I have my stop in place under 2.44.