Life and Death…Same Line Viewed From Different Sides
Lao Tzu
Overdue on my part, I would like to dedicate today’s commentary to Dennis Peterson who passed away on June 15, 2015.
Dennis was a contributing writer for Technical Analysis Stocks …
****Note: For the open: Use the stops listed below and also expect you might receive an email/text before the open to adjust those stops
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Existing Position CBS: Long partial position at 50.00. ATR 1.74
Name of Instrument: CBS Corporation…
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Long
PSX
EA
FB
XLE
CTSH
FSLR
FFIV
GILD
HLF
MPC
PBF
SRPT
STT
WNR
Short
LRCX
KLAC
LNKD
SNDK
PG
DISH
SFM…
As The Phase Turns
As The World Turns, is an American TV soap opera that ran for 54 years on CBS. The creator’s (Irna Phillips) intention, psychological character studies of families, their relationships and difficulties, is best described by, “As …
***NOTE: Lowering stop: CBS: With mkt chop, move sell stop below the lows to 47.73 with 2 min time confirm to see if bottom can hold.
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Existing Position CBS: Long partial position at 50.00. ATR 1.74
Name of Instrument: …
I Live My Life A ¼ Mile At A Time. For Those 10 Seconds, Nothing Else Matters
How Vin Diesel’s quote from (The Fast & The Furious) Describes The Current Market:
This summer, probably for the first time on a …
Existing Position CBS: Long partial position at 50.00. ATR 1.74
Name of Instrument: CBS Corporation
Current Price: 50.04
***LOWERED Sell stop: 48.73 with 2 min time confirm.
Reason For Trade: On August 6th, this had a classic one day reversal …
Longs
ADSK
EA
XLE
IYT
GM
AON
BC
CTSH
CTXS
GOOG
HLF
INCY
MPC
NFLX
PFG
SPLK
WNR
Shorts
LNKD
SNDK
KLAC
MYL
PG…
The NASDAQ 100 All Stars model had a muted week closing up +0.21%, matching the benchmark which closed up +0.20% over that same period. The model leads the QQQ by 11% year-to-date. This week, at least, ended up being relatively …