The overall market is pulling back on lighter volume which is to be expected in a bull market. We are seeing lower prices but no selling pressure just some profit taking. What do you expect from going up almost straight in 30 days?

On Friday I bought VGZ which I got stopped out today (gold dropped big time) and also bought GNK at $13.13 and today it showed nice price action not even breaking the Friday low. I expect this to go up to test $20-22. I still own another psycho shipping stock DRYS

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The SPX, DOW and NASDAQ are looking strong and wanting to run up to the highs in early January this year – not in one day but over the next few weeks I suspect. I would like to see a pullback early next week then enter in again with another position. SSO would be a nice buy around $20-21.

I’m still in DRYS, UWM, DBC, ANO, URE, FEED for all nice gains. Got stopped out of C and FAS the other day.

Going long with DBC. Nice pullback yesterday with strong follow through volume and price today. First target is $23 with stop under today’s low.

The broad indexes fell on price but the volume was light which is what I am looking for. We want this to pullback and buy on a retracement.

I am still holding on to DRYS which went down on lighter volume. It’s in my buy zone and should head up to test $7.

I entered into UWM (Ultralong Russell 2000) which rejected the price and volume 3 days ago. My stop is under today’s low. Target is $17-18 range.

Entered into ANO also at $0.64, really nice up volume 2 and 7 days ago. I noticed the volume was really low as the price retraced – time to buy!!! Target is $1.10. Placing stop below $0.50.

Got stopped out of UNG. Still in Ultralong Real Restate ( URE).

The DryShips (DRYS) trade popped up as expected. Taking some of the +26% gains and raising stop up for a free trade. Target is $6.50.

Entered into Citibank (C) for a trade because selling volume is drying up and we have high volume near $4. Putting stop under 2.40and targeting $3.89.

Market has turned around and financials looking good. I entered into FAS $6.75 today it wants to trade to $7.80 first than up to $10-11. Keep stopped super tight on FAS to below today’s low.

The market is pulling back in an orderly manner which is to be expected in a bullish move. This is what I look for.

The URE pulled back more than I would have liked but it did so on lighter volume. Below is the IYR which is iShare Real estate index which the URE is based on. As you can see today we tested the high volume day on March 10. We went lower into that price range and closed above it which is bullish. URE is heading higher staying in the trade.

My FEED trade I entered yesterday acted great today reaching a high of +19% where I took some profits and raised my stop higher.

Went long the DIG, wants to trade to $34, put stop $21.65.

Going for a trade in the URE (2x Real Estate ETF) this wants to trade up to $7 swing high Dec 12. Stop is $2.25.