The market is so blissed out on this holiday run, it barely noticed the declining oil and Russian ETF prices. After 2 dramatic inclines, the recent highs elude the SPY, DIA and NASDAQ yet interestingly enough IWM failed by centimeters …
So far, 3 technical signals have been dependable to keep us on the right side of a fairly volatile market. First, the inverted doji hammer candles kept us from buying on Monday, had us cover shorts on Tuesday and then …
Existing Position: KRE: Long 1/2 position 40.04 ATR: .73
Name of Instrument: SPDR S&P Regional Bank
***Lowered Sell Stop: 38.34
Current Price: 39.81
Reason For Trade: Unfortunate that from our original position, I had raised the sell stop and we …
Market Condition: Bullish until the market breaks FTP
Long Focus:
- UA
- WDC
- PNC
Shorts:
- BIDU
- GOOG
…
Longs:
HCA
JAH
AVGO
MU
PNRA
FFIV
AAPL
GLPI
CIEN
GERN
SFM
DDD
BBRY
NFLX
XOM
TSLA
KSS
SCTY
CUBE
RHT
LULU
SWKS
UA
WDC
PNC
Shorts:
GOOG
BIDU…
…
Longs:
JAH
O
HCA
AVGO
MU
CIEN
CYH
GERN
SFM
DDD
OC
SWKS
EWG
CUBE
SWK
PAA
PPC
Shorts:
UNP
CBS
GILD
UA
ROST
QCOM
THRX…
Market’s got game, I’ll give it that! Bouncing back like a kid playing basketball donning a new pair of Air Jordan’s, the Dow was down early Tuesday, then slam dunked a layup scoring over 240 points, mocking the 50 DMA. …
***Note: Lowered Sell Stop KRE to 38.34
++++++++++++++++++++++++++++++
New Position: KRE: Long 1/2 position 40.04 ATR: .73
Name of Instrument: SPDR S&P Regional Bank
***Lowered Sell Stop: 38.34
Current Price: 38.84
Reason For Trade: Unfortunate that from our original position, …
Japanese Candlestick formations are a great tool. Not the only tool we use, but certainly if not thing else, so much fun to study. Coming into last Friday’s session, the double harami or 2 inside days in the small caps …