NOTE: GM: With 2 ATRs raise stop to no loss 34.80. We took ¼ at 36.40 have P2 now or 1/4 at 36.97 MIT order-touches and becomes a market order
++++++++++++++++++++++++++++++++++++++++++++++++++
Existing Position: Long ½ position MOS filled 46.00 ATR …
Longs:
AXL
BKD
LNKD
PNRA
V
HUM
PANW
DDD
FEYE
BYD
BZH
HUN
EMC
COH
BAX
CIEN
THC
WHR
MOS
GT
FB
K
Shorts:
GEL
DTV
CBS
DISH
REGN…
…
Market Condition: Bias is neutral to bullish until Wednesdays lows are broken, then bearish.
Long Focus:
CCI
AGU
WAT
CELG
Shorts:
IACI
XLNX
…
I promise you I am not trying to compete with the Secret Life of Walter Mitty written by James Thurber with my visions of horses and sheep or my 3 “tells” that “speak” to me concerning the market. I do …
***NOTE: SUNE ½ position stopped out 17.92
+++++++++++++++++++++++++++++++++++
New Position: Long GM filled 34.80 ATR .76
Name of Instrument: General Motors Co. (Earnings Date February 15th)
Sell Stop: 33.37
Current Price: 34.85
Reason For Trade: In December 2014, it cleared …
Longs:
IGT
PAY
WMT
EBAY
MRVL
OC
CYH
VZ
GM
CIEN
KIM
MOS
BYD
CCL
Shorts:
GEL
DTV
NFLX
ABBV
ACT
CBS
CTRX
ULTA…
Longs:
EBAY
IGT
WMT
PNRA
PAY
BKD
CIEN
BZH
CCUR
ONVO
GM
FB
FEYE
BMRN
LO
KIM
XL
Shorts:
GEL
GPOR
DTV
NFLX
ABBV
SBAC
BITA
CBS
PSX
CMI…
***NOTE: Lowered sell stop in SUNE ½ position for now
++++++++++++++++++++++++++++++++
Existing Position: Long ½ SUNE 19.46 ATR 1.00
Name of Instrument: SunEdison Inc.
****Lowered: Sell Stop: 17.54
Current Price: 18.73
Reason For Trade: Tested and held the 50 DMA …
Welcome to the New Year and the classic cycle of active traders’ portfolios during every market correction:
1. Last gasp new longs for daytrades, out same day with small loss (last week).
2. Weaker longs from right before (up to …