The ETF Complete model closed the week down -0.9% compared to the SPY which also closed down -0.2%. Year-to-date, the Complete Portfolio is now lagging the SPY by about 3.5%. The SPY put in a quiet sideways week despite a …
What To Expect At Tomorrow’s Monthly Market Surprise Party! Tomorrow the market will get what it was waiting for all day today – the monthly employment report. Guessing the direction of the market’s reaction is particularly difficult right now because …
***Note: Sold half of our remaining IFN at 25.85 today. On the last piece we’ll have a wide trailing stop under the 10-DMA for now. +++++++++++++++++++++++++++++++++ Existing Position: Long EXC at 35.81 ATR: .56 Name of Instrument: Exelon Corp. Current …
IWM vs. QQQ On Monday I wrote about the one thing pattern that all the Economic Modern Family members seemed to agree on was they were following Granddad’s (IWM) lead. Unfortunately for the bulls, IWM is not feeling very bullish. …
***Note: New sell stop in TWTR: 14.24 replaces 13.69. +++++++++++++++++++++++++++++++++ Existing Position: Long EXC at 35.81 ATR: .56 Name of Instrument: Exelon Corp. Current Price: 36.06 Reason for Trade: We made money in this stock in 2016. It made my …
Market Bias: Neutral, but bearish below this week's lows Longs: TRV DUK DHR Shorts: BIIB AXP CXO PSX
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Is Wall Street the New Sesame Street? Ironically, our 2-year old’s Sesame Street birthday cake decoration perfectly illustrates the current market condition. Elmo is NASDAQ. He has the higher position on the seesaw. Yet look at his face. He’s worried. …
***Note: KORS: All gone at 36.95 Note: Typically, if we change stops during the day and they are not hit, we go back to the original stops. TWTR: Go back to 13.69 CCJ: Go back to 9.97 EWZ: Go back …
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Today's commentary is by Geoff Bysshe, President, MarketGauge.com TSLA Proves More Isn’t Always Better A 7% move higher in Tesla (TSLA) pushed it to a market capitalization that is now higher than Ford. This is more impressive when you consider …