****NOTE: New Trailing Stop in RSX: 18.92
++++++++++++++++++++++++++
New Position: Long DIA: 180.04 ATR: 1.83
Name of Instrument: SPDR DJ Industrial Average ETF
Current Price: 180.06
Sell Stop: 177.07
Reason For Trade: The Dow has flirted with 18,000 for nearly …
Longs:
ADSK
RAI
YUM
LO
PNRA
VZ
SINA
EMC
CMC
PSX
BBRY
EXPE
SPWR
FCS
FBHS
Shorts:
DTV
UA
AXP
HSY…
After reviewing my comments from Monday night I thought to myself, “Mish, how can you tell folks to be long gold at the same time you are telling them that you believe theFederal Reserve will begin to nominally raise rates? …
***New Position: GLD: Long 115.03 ATR 1.15
+++++++++++++++++++++++++
Name of Instrument: SPDR Gold Trust
Current Price: 115.36
Sell Stop: 113.19 or less than 2 ATR risk
Reason For Trade: After the bottoming formation on March 18th, it ran up to …
Longs:
ADSK
RAI
YUM
LO
PNRA
VZ
SINA
EMC
CMC
PSX
BBRY
EXPE
SPWR
FCS
FBHS
Shorts:
DTV
UA
AXP
HSY…
Striking how the current trading range in the indices remained as such during our week long vacation. After all, before I left, I did send a reminder that “Everything pretty much continues to trade in a range of its own, …
Longs:
ADSK
RAI
VZ
EA
KSS
PAY
IBM
PSX
BBRY
THC
ONVO
EMC
DIS
SPWR
TXT
PCAR
EQIX
Shorts:
DISH
GILD
EBAY…
Longs:
AIG
JUNO
MU
CVRR
HCP
ILMN
INCY
KSS
CNQ
DOW
Shorts:
MOS
GD…
This one has a little more of a longer term view point.
…
Yesterday’s question was “is a 2 day rest enough?” and today it seemed to be enough for theIWM to breakout to another new high and get up over 1% intra-day.
It was a solid up day, but the SPY, QQQ, …