Do we regard the 3 day sell-off beginning Monday in the S&P 500 as short-lived considering the marginal 4th day red close on Thursday?
Trading conditions were choppy to say the least as the 4 indices split in terms of …
****CANCEL DDD Buy Stop-again
+++++++++++++++++++++++++++++++++
New Position: ½ KRE long 40.86 ATR .66 (SOLD ½ 40.26)
Name of Instrument: SPDR S&P Regional Bank
Current Price: 40.52
**Lowered: Sell Stop: 39.24
Reason for Trade: Bought on weakness in a bull phase …
…
Market Bias: Neutral to bearish. Very cautious
Longs:
- TJX
- VLO
- FL
Shorts:
- HOG
- GILD
…
Longs:
TEX
KBH
KORS
SFM
BAX
TJX
VLO
FL
Shorts:
DTV
HOG
EBAY
GILD…
If this year patterns in the same way it has patterned since it began, then we can assume that the 3 day sell-off beginning Monday in the S&P 500, placing it just below the 50 DMA but above the 100 …
****NOTE: EA: Out at 56.27
****HACK: Out at 27.96
***CANCEL DDD Buy Stop
***KRE Sold ½ last 5 minutes before close: 40.26 **LOWER stop on the other ½ to 39.24
+++++++++++++++++++++++++++++++++
New Position: ½ KRE long 40.86 ATR .66 (SOLD …
Longs:
BKD
IR
TXT
TEX
KORS
LVS
THC
VMC
OC
LO
FSLR
CENX
Shorts:
DTV
DD
DISH
TMO…
The Interest Rate instrument TLTs, have taken on a Shepherd’s role, seemingly holding up its staff for low rates. The market, which began the week as entertaining and fascinating, Tuesday became annoying seeing as low rates continues to have a …
****NOTE: EA: Raise Sell Stop to 55.44 with 2 min time confirm
***EA: Sold 1/4 of the position filled: 58.10
+++++++++++++++++++++++++++++++++
***Although might cancel-for now keep the DDD: Buy on a buy stop at 28.27 (has to trade there) ATR …