Capstone which I have fun trading is now breaking out of the $3.00 range with volume. I bought more last week at $2.94.

Look at the weekly chart below and you will see that it wants to run upt o test $4 to $4.50 next swing point.

CPST go go go……

Entered long yesterday at $2.06 and 3 days ago at $1.84. Why? Because the volume was drying up  since the high on April3 and it was touching the lower trend line. Volume was good today but not enough to break swing. With window dressing next week CPST may push past $2.28.

Got in Goldman Sachs GS today at $175.00. They are just a cash cow money machine.  I think financials have bottomed out and time to scale in.

Got into Long Financial ETF (XLF) yesterday at $26.00. Went down today but on lower volume. I see this climbing up to $30 range.

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.

CPST - [[CPST]] Is trading very well, closed at 1.25 today!! I bought it at $1.15 and currently up 8.70%. Stops have been raised and still confident about targets.

CPST - Capstone Turbine, after looking at the really low volume on Monday I decided to enter at $1.14 yesterday. My stop is under $1.12 and my first target is $1.28. Volume this morning will easily top yesterday and may go over 2MM shares

CMGI - Well this is why you place stops. After the bell CMGI announced earnings that were disappointing with expense evrey increasing. I got stopped out at 1.40 for a 0.10 loss. I will watch this test the low of 8/10 at 1.28 before I will be interested again.

TGB - Taseko Mines, this traded very nicely and went over my target of 5.10 to hit 5.49. I got stopped out this morning at 5.20 for a 11% profit. TGB may fill the gap down to 5.05 before heading up again. Keeping on watch list as this tests.

ICE - InterContinental Exchange, what a great trade and nice gift to be included in the S&P 500 index which gave it the extra 6% boost. Current I’m up 10% in less than a week. ICE may pullback to $150.00 then try a run up towards $165.00. Again keep stops in place.

DO - Entered into Diamond Offshore yesterday at $111.52 and is currently at 114.83 for 2.95% unrealized profit.

CPST - Capstone Turbine, I got stopped out of CPST at 1.17 for a 6.36% profit (bought at 1.10). I like this stock and I’m looking to re-enter at $1.12 where it might touch the lower trend line.

CMGI - Still in the trade (bought at $1.50) with an unrealized 7.33% profit currently, still targeting $1.66 as first target volume is increasing.

TGB - Taseko Mines, I forgot to mention this but I enter the other day at $4.68 as my gold play riding the trend. Currently up 6.84% . First target is $5.10.

ICE - InterContinental Exchange, still in trade and down a little but so is volume so no worries here.

DO - Entered into Diamond Offshore yesterday at $111.52 and is currently at 114.83 for 2.95% unrealized profit.