Is a Return to A Bear Phase the New Back To the Future?
For fun, many articles reported how accurate the film “Back to The Future” was predicting how life would be on October 21, 2015.
Some accurate predictions included …
****NOTE: XLE: Since not stopped out on the end of day stop at 66.90 go back to original stop 66.39 as we head into tomorrow. Expect adjustments
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New Position: XLE: Long 1/2 Position 67.75 ATR: 1.53
Name of Instrument: …
What’s Up With Biotechnology?
Big Bro’ Sends Regrets
Referring to the pending shotgun wedding between NASDAQ and Semiconductors, Monday night I wrote: “Since the essence of a Shotgun Wedding is that it is hurriedly planned, that could explain the Economic …
***NOTE: Patience has worked out so far. I have been tweeting more Active trades, if you are so inclined. In the meantime, I am waiting for good risk/reward setups primarily in the commodities.
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Existing Position: Long 1/3 position SGG: …
Longs
TWTR
CXO
KSS
CBS
COH
FCS
GS
GT
Shorts
CELG
UA
WDC
TASR…
Did NASDAQ and Semiconductors Have A Shotgun Wedding?
A shotgun wedding is a wedding that is arranged to avoid embarrassment due to an unplanned pregnancy.
Back in the day, the father of the pregnant daughter might resort to using coercion …
Existing Position: Long 1/3 position SGG: 27.32 ATR: .87
Name of Instrument: iPath Bloomberg Sugar TR ETN
Current Price: 32.29
***Raised:Trailing Stop: 29.89
Reason For Trade: Essentially in a downtrend since mid-2011, I have been hawking for a bottom for …
Longs
BTU
PNRA
NFLX
PAA
EXPE
ACE
BMY
CVS
IYR
ESRX
JNPR
MCD
RCL
SINA
SYK
ULTA
Shorts
NSC
SODA
HON
AVGO…
NASDAQ Takes a Wife
Have you ever played “Farmer in the Dell?” Players form a circle holding hands around one who is designated as the farmer, singing the 1st verse while moving around.
When the verse if over, the farmer …
Existing Position: Long 1/3 position SGG: 27.32 ATR: .87
Name of Instrument: iPath Bloomberg Sugar TR ETN
Current Price: 32.36
***Raised:Trailing Stop: 29.89
Reason For Trade: Essentially in a downtrend since mid-2011, I have been hawking for a bottom for …