April 9, Morning Trade Report

April 9th Morning Trade Report:

On April 8th we Tweeted our picks for this mornings session. This list was calculated by using the closing prices from NASDAQ and the NYSE percentage up and percentage down securities.  We then used a MetaStock filter overlay of volume, share price and percentage increase on average daily volume over a 24 hour period. Unless otherwise noted, we use a .10 stop loss from the bid price, on all trades.

Here is what we Tweeted:

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(The picks announced above are for information purposes only and not to be construed as investment advice.  We DO NOT get paid by third parties to announce our picks.  The picks announced are for trading in our portfolio only and not to be used to unjustly influence the market.)


Here is our trade blotter for this mornings session:

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HEAT (S) - Reacted As Planned
RCON (S) - Did Not React As Planned (Volume Is Flat, position closed)
THTI (L) - Traded After The open
RT (S) - Did Not Get Filled
NFEC (S) - Reacted As Planned

HEAT again has been my best trade.  I plan on trading this from both sides throughout the remainder of the session.

Pantheon Traders incorporates a short-term trading strategy we coined the “Controlled Bounce”. This strategy is implemented by executing trades in stocks that have seen a market anomaly in their share price. We have found that historically a 25-30% next day reversal is more often than not the norm on a stock that has been the recipient of either a positive or negative percentage change of more than 11% intra-day. In order for this reversal to be confirmed to trade, the individual issue’s volume must exceed 2(x) average trading volume prior to the market close with a stochastic crossover above 20.00. For this trade, we implemented a leverage ratio of 4:1.This is not an offer to buy or sell securities.  This information is used to track the performance of our own portfolio ONLY and is not to be construed as investment advice. Trading involves a high degree of risk and should not be attempted by people that are risk adverse. Don't invest what you can't afford to lose.

March 5, 2012 3rd Trade Report

We have taken a long position in KERX @ $4.70 for a swing trade intra-day. Our short term target is $4.95 - (UPDATE: At 1:13pm we sold our long position at $4.93. We held this position for less than 20 minutes)

3/05/2012 TARGET TRADE


Symbol:KERX - 


Trade:LONG 


Entry Price:$4.70 


Exit Price:$4.93 


Stop Loss:$4.60

Pantheon Traders incorporates a short-term trading strategy we coined the “Controlled Bounce”. This strategy is implemented by executing trades in stocks that have seen a market anomaly in their share price. We have found that historically a 25-30% next day reversal is more often than not the norm on a stock that has been the recipient of either a positive or negative percentage change of more than 11% intra-day. In order for this reversal to be confirmed to trade, the individual issue’s volume must exceed 2(x) average trading volume prior to the market close with a stochastic crossover above 20.00. For this trade, we implemented a leverage ratio of 4:1. On 3/5/2012, the capital exposed for this trade was $11,750.00 which we used to purchase 10,000 shares of KERX at $4.70 for a total of $47,000.00. On 3/5/2012 we executed a sell order @ $4.93 at 1:13pm. We hit our short term target of $4.93 which gave us a $2,300.00 profit or 20% on capital exposed.

March 5, 2012 2nd Trade Report

We have taken a short position in KERX @ $4.87 for a swing trade intra-day. Our short term target is $4.70 - (UPDATE: At 12:03pm we covered our short position at $4.70. We held this position for less than 7 minutes)

3/05/2012 TARGET TRADE


Symbol:KERX - 


Trade:SHORT 


Entry Price:$4.87 


Exit Price:$4.70 


Stop Loss:$4.95

Pantheon Traders incorporates a short-term trading strategy we coined the “Controlled Bounce”. This strategy is implemented by executing trades in stocks that have seen a market anomaly in their share price. We have found that historically a 25-30% next day reversal is more often than not the norm on a stock that has been the recipient of either a positive or negative percentage change of more than 11% intra-day. In order for this reversal to be confirmed to trade, the individual issue’s volume must exceed 2(x) average trading volume prior to the market close with a stochastic crossover above 20.00. For this trade, we implemented a leverage ratio of 4:1. On 3/5/2012, the capital exposed for this trade was $12,175.00 which we used to short 10,000 shares of KERX at $4.87 for a total of $48,700.00. On 3/5/2012 we executed a buy order to cover @ $4.70 at 12:03pm. We hit our short term target of $4.70 which gave us a $1,700.00 profit or 14% on capital exposed.

November 1, 2011 - Trade Strategy

The following are the individual issues we identified for trading on 11/1/2011 prior to the open:

Trade #1 

Symbol: NPSP Trade: Long  Entry Price: $5.10 Exit Price: $5.55 Stop Loss: $5.00 

ACTUAL 

Symbol: NPSP Trade: Long  Entry Price: $5.05 Exit Price: $5.56 Stop Loss: $5.00

Trade #2 
Symbol: EXEL Trade: Long  Entry Price: $4.55  Exit Price: $5.15 Stop Loss: $4.45 
ACTUAL 
Symbol: EXEL Trade: Long  Entry Price: $4.55  Exit Price: $4.77 Stop Loss: $4.45

NPSP was a quick pop at the open which made for a quick exit at the crossover with the STOCH crossing 80.

EXEL was a trade that developed a longer hold pattern. The stock did not react as we had hoped so we sold our position early to preserve capital.