“I am a lonely painter, I live in a box of paints,
I’m frightened by the devil, And I’m drawn to those ones that ain’t afraid.”
I hope my last 2 blog’s references to the devil (both from favorite musical …
Existing Position: RSX Long 17.26 ATR: .50
Name of Instrument: RSX Daily Market Vectors-Russia
Current Price: 17.72
Sell Stop: 16.54 or about 1.5 ATRs risk
Reason For Trade: After basing throughout December 2014 into February 2015, it had a phase …
Market Bias: Neutral to bearish. Very cautious
Longs:
- SCTY
- CYBR
- SWI
Shorts:
- HOG
…
Longs:
SWI
JPM
VLO
PSX
PCAR
PNRA
TEX
BAX
YOKU
LVS
SCTY
IR
Shorts:
NFLX
HOG
EBAY…
Could it be that there really was “Terror at 18,000 in the Dow?”
Okay, so maybe the word “terror” is a bit of a hyperbole; but, we saw that level scraped on Monday followed by a substantial retreat from it …
Existing Position: RSX Long 17.26 ATR: .50
Name of Instrument: RSX Daily Market Vectors-Russia
Current Price: 17.03
Sell Stop: 16.54 or about 1.5 ATRs risk
Reason For Trade: After basing throughout December 2014 into February 2015, it had a phase …
Longs:
SWI
IR
BBBY
JPM
AVGO
VLO
SODA
PSX
GE
PCAR
SFM
AMZN
WFM
TEX
VMC
XOP
SLB
YUM
BAX
Shorts:
DISH
GILD
QIHU…
With regard to the Simpson’s episode from the mid 90’s “Terror at 5 1/5 Feet", I wrote a weekend homage about the similar scenario playing out in the overall market or what we called “Terror at 18,000 in the Dow.”…
New Position: RSX Long 17.26 ATR: .50
Name of Instrument: RSX Daily Market Vectors-Russia
Current Price: 17.24
Sell Stop: 16.54 or about 1.5 ATRs risk
Reason For Trade: After basing throughout December 2014 into February 2015, it had a phase …
While the week in the QQQ’s may have felt bad because of Wednesday’s big declines, by the numbers the week closed where the prior week opened. This was also true in the IWM. The SPY closed a modest .5% lower …