A 3-Layer Magic Market Cake In a magic cake, the top layer is a sponge cake. The middle layer is custard and the bottom layer is fudge-like. In the market and the rally since the November election, the top layer …
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Longs ACAD ALK D DD DOW FB MMM NFLX SODA SPG CLF PM CSIQ Shorts DISH ANF M CLR DLTR EQT FEYE HES KSS MAC SLB TSCO UPS
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The FOMC Forced Streak In the wild, tigers do not generally stay in groups. Yet, because of man, tigers are sometimes forced into unnatural social groups. These groups are called “streaks.” Tigers are not necessarily aggressive to one another. In …
***Note: JCP: Raise sell stop to exit 1/2 position to 6.77 (pays commissions). If not stopped out, exit last 5 min b4 close regardless if trading 7.05 or under- TRIGGERED-GONE AT 7.05 ++++++++++++++++++++++++++++++++++++++++ Existing Position: MOS: Long at 32.55 ATR: …
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The Market Rallies “Furthur” In 1964, Ken Kesey dubbed a bus “Furthur.” “You’re either on the bus or you’re off the bus,” became the metaphor the then Merry Pranksters used during their cross-country tour. In what some might dub as …
***Note: No new stop changes ++++++++++++++++++++++++++++++++++++++++ Existing Position: MOS: Long at 32.55 ATR: .95 Name of Instrument: The Mosaic Co. Current Price: 33.63 Reason For Trade: In a bullish phase. Good risk/reward since stop is below the 50 DMA and …
The Fire Rooster and the Hen are Expecting Last week, the fire roosters and hens got it on. After the rooster’s clumsy but successful leap onto the hen’s back, all four indices climaxed at new all-time highs. So, if first …
***Note: No new stop changes ++++++++++++++++++++++++++++++++++++++++ Existing Position: MOS: Long at 32.55 ATR: .95 Name of Instrument: The Mosaic Co. Current Price: 33.58 Reason For Trade: In a bullish phase. Good risk/reward since stop is below the 50 DMA and …