HCPG Blog

We haven't updated the blog for a couple of weeks because, well, we haven't had anything to talk about.  We've closed the day in...

Gap down and rally today -- best tells to trade on the long side were GS and metals (especially AKS).  As we posted this morning:   We were...

As we posted real-time  last week we bought a basket of 12 stocks (CAGC VALE RINO MOS SU TC ATPG AKS MON JRCC USO AA) on Thurs (20%) and ave...

Dedicated to @daytrend who motivated us to write a post on how we buy support We do two types of knife catching, one is in long-term acco...

We wrote several times over the last few days (including our last post) that we were interested in buying USO in the 32 zone (or crude aroun...

We like this 32 area for potential reversal into panic selling (around 4% away).   If you're watching crude then watch the 66 - 67 area ...

As far as trades go today $SPY offered two good entries.  Support at 115 and resistance short at the 50SMA.   Let's go through it wit...

It's going to take a few days but we should get some kind of set-ups soon as we base under the 50SMA on the SPY -- we'll either get ...

After yesterday's monster range traders like ourselves who key off daily charts will find it difficult to find new alerts.  We need to b...

Update:  we took it all off, and flat in all accounts.   Might regret it as our original plan was to swing but there's just too much new...

Update:  as we tweeted this morning "buying into massacre" we added CENX TCK FCX AA VALE ANR SWN ATPG JOYG POT and have already so...

Here's a list of basic material stocks down 10-20% for the week.   We think the sell-off is getting short-term overdone and will be loo...

One of the rule of thumb rules of support buying is you want heavy volume when trading breakdown/breakout but light volume when you buy supp...

We've discussed the overshoot strategy in previous posts but it's always good to review it with real-time examles: So here's wha...

Very good examples today illustrating something we've talked about for years: first test of support is a buy (in a bull market), second...

So far we have had a small day-trade in a short, one break-out starting to work, and three bounce support trades work well. As we wrote in ...

Our only position long, posted today at 2:40PM (average 113.88) in anticipation of the 114.2 break-out. Love the chart, will add on pull-ba...

For as long as it works we will buy support in pull-backs. Couple points in buying pull-backs: 1) stock should be oversold when it hits su...

Update: out of all positions April 27 Our day-trade account time-frame is pretty short these days since we're seeing failures in extend...

Incredible tape/strength in the market today -- we had three triggers, all break-out, and all worked nicely. ICE we had alert 115, but noted...

It seems that the era of the "easy tape" is over for now and we're back to a stock-pickers market. This means that traders wi...