The Economic Modern Family came out swinging this week, and that’s before they celebrate St. Patrick’s day!
Mish is out ill today so filling in is her family, Jonathan griffin and Keith Schneider.
S&P 500 (SPY) Back to unconfirmed Bullish …
Note: Lowered stop in HACK to 27.33 with a 2 min time confirm!
++++++++++++++++++++++++++++++++++++++
Existing Position: Long HACK 27.97 ATR: .47
Name of Instrument: PureFunds ISA Cyber Security ETF
Current Price: 28.04
Sell Stop: 27.33 with a 2 minute time …
Longs:
EBAY
INCY
KSS
AAPL
ADSK
LVLT
PANW
XOM
BAX
SPWR
SUNE
ACT
AFL
EXPE
SODA
ERJ
DKS
BIIB
CELG
ASML
Shorts:
DISH
MON
CTRP
DOV
DD…
Both the Basic and Stops&Targets model beat their benchmark this week and are holding onto a lead for the year. The Basic model’s performance is still being largely driven by its position in TMF that remains volatile.
We made one …
The ETF Complete portfolio ended the week basically flat, up +0.10%. While this isn’t a great return, it did hold up well this week while the SPY had its third week of losses in a row.
We made two position …
Both the Basic and Stops&Targets model beat the SPY benchmark this week as the SPY closed its third week in a row with negative returns. On the year, the results are a little more mixed with the Sector Basic model …
Longs:
KSS
AAPL
ADSK
PANW
XOM
BAX
SPWR
KRFT
JOY
YOKU
CLDX
SUNE
ACT
ROST
STT
AFL
EXPE
SODA
Shorts:
ILMN
NOC
DISH
GILD
DTV
MON…
So have I made my point yet? The one about Sheep scattering, grazing, filling up, pooping and then scattering again? Good. Let’s put that aside now and talk about trading ranges, and leading sectors/ groups.
Beginning with the 2015 Granddaddy …
***New Position: Long HACK 27.97 ATR: .47
Name of Instrument: PureFunds ISA Cyber Security ETF
Current Price: 28.04
Sell Stop: 27.43 around 1 ATR risk with a 2 minute time confirm
Reason for Trade: Holding the January Calendar Range High …
Longs:
MNST
CLDX
KSS
WFM
AAPL
GOOG
SODA
SPWR
FAST
PAY
KRFT
ROST
ADSK
CCL
Shorts:
ILMN
GEL
LRCX
DTV…